Showing posts with label money saving ideas. Show all posts
Showing posts with label money saving ideas. Show all posts

Tuesday, January 5, 2016

Ring in the New Year With a Resolution to Save!

The holiday season has come to a close, and resolutions have been set for the New Year. Now comes the hard part - sticking with them! According to Nielsen, the most popular resolutions include getting healthier, getting organized, and spending less money. However, research shows that 92% of Americans fail to achieve the resolutions they set.

Why does this happen? There are several reasons. Many people set unrealistic goals, while others don't develop a plan - they set a resolution without knowing how they're going to achieve it. 

By setting small, manageable goals and taking concrete steps to meet them, reaching your New Year's resolution suddenly becomes much easier. And if you're trying to save money in 2016, your medicine cabinet can be one of the best places to start. This year, help meet your New Year's resolutions by being smart with your prescriptions!

The first step to saving money with your medication is to make sure you are using them properly. Check the labels to make sure you are taking your medications as prescribed and that you are storing them correctly. While many Americans attempt to cut healthcare costs by taking less medication than they've been instructed, this ultimately has the opposite effect: the cost of non-adherence to the healthcare system is an estimated $290 billion annually.

If you're taking any name-brand medications, you may want to try talking to your doctor to see if there are any generic alternatives he or she can recommend. In many cases, generic medication can be a less expensive, but equally effective option. For more information, see our earlier blog post about generic prescription medication.

Even if you take generic drugs, prescriptions can often be costly, especially if you don't have insurance. That's why it's smart to take advantage of prescription savings cards like the one offered by FamilyWize. These cards can be a great resource for saving more on your medication and staying healthy.

The FamilyWize Prescription Savings Card offers an average savings of 42% on retail prescription prices and has no eligibility requirements. You can use it whether you're insured or uninsured, and getting savings is easy - simply show it to your pharmacist when you're picking up a prescription, and ask them for the lowest price.  You can also compare prices in your neighborhood at home by using the FamilyWize Drug Price Lookup Tool.  

You can print out or order your own FamilyWize card on our website, or download the free smartphone app, available on iPhone, Android, and Windows Phone. It’s a great tool for saving money, even if you have insurance, so make sure to always bring your FamilyWize card when you're making a trip to the pharmacy. Happy New Year, and enjoy the savings!    

Friday, December 20, 2013

Celebrate the Holidays on a Budget

It’s that time of year for gift giving and party throwing again. But, your generosity and thoughtfulness need not break the bank this year. With a little creativity and ingenuity, you can have a festive holiday season – on a budget.

Homemade holiday gifts

Why should you utilize money saving ideas at the holidays?

Aside from the fact that spending may create stress and buyers’ remorse in so many individuals by January 1, celebrating on a budget can be beneficial in a number of ways. For example:

  • Giving frugal Christmas gifts encourages creativity.
  • Utilizing money saving ideas demonstrate fiscal responsibility to children.
  • Homemade holiday gifts remind us of the real reason for the season – spending time with family and friends; enjoying good food, music and conversation; and creating wonderful memories for years to come.

How can you celebrate the holidays on a budget?

There are a number of ways you can utilize money saving ideas this holiday season.

1. Food:  The food you’ll serve guests at your holiday parties doesn’t have to be elaborate or expensive. In fact, most party guests claims they enjoy munching on finger foods throughout the evening over a formal sit-down dinner. A few things to keep in mind:
  • Keep your food choices simple, and be sure to include some healthy options, too.
  • Dress up the platters or trays with inexpensive decorative plates, trays and plastic wrap for a bit of festive fun.
  • Food items can serve a dual purpose at the holidays. In addition to serving food to your guests at parties, food items make great gifts, too. Check out this recipe for delicious chocolate bark:
2. Decorations:  Items from nature, such as tree and evergreen branches, acorns and holly make great additions to your home decor during the holiday season. Create a classic, inexpensive statement for your front porch by adorning an old sled with ice skates, mittens and holly branches for an inexpensive festive look.

3. Gifts:  Handmade gifts make thoughtful presents from your heart. A framed photograph of a special pet, a childhood memory or a recent experience will remind the recipient of your thoughtfulness throughout the year. Other handmade gifts ideas include: art work, food gifts and services such as baby/pet sitting services, car detailing or another specialty of yours.

Knit scarf as holiday gift

Additional homemade holiday gift ideas:

  • Love to knit? Whip up an assortment of scarves throughout the year in a variety of styles and colors. Give a scarf to each person on your gift list, making that your signature gift of the year.
  • Have a great recipe for gourmet popcorn? Make a batch, divide it into decorative tins and you’ve got a treat anyone on your list will enjoy receiving.
  • Does hot chocolate signify the holidays for you? Buy an assortment of mugs, fill them with hot cocoa packets and marshmallows and you have a simple homemade Christmas gift for everyone on your list. They’ll remember you throughout the year as they continue to use the mug.

The holidays are meant to be a fun, festive time of the year to spend with family and friends. By incorporating some ideas for frugal living, you can accomplish celebrating on a budget this year. Enjoy!

Kathy Rembisz 
Contributing Writer