3 Simple Questions To Ask Yourself In The Dressing Room That Will Blow Your Mind And Save Money

It’s amazing how much money slips through our fingers.

Once I started tracking my spending, I found my frequent trips to discount retailers added up. Buying a dress or blouse for $25 – $30 seemed like no big deal but take all together, the purchases added up to $120 – $150 a month. Until I started tracking my spending, I didn’t even realize I was spending so much money on “extras.”

I wondered:

Was this really the best use of my money?

Was I getting great value from shopping?

Was I buying because of the perceived discount rather than something I needed or really wanted? As my mother-in-law used to say, “Am I going broke saving money?”

Most of the time, the answer was no to 1 and 2 and yes to 3.

Now I hold onto my money! I think twice before whipping out my credit card. You have to be pretty fabulous to make it into my closet today.

Before I make a purchase, I do this “3 Question Dressing Room Drill.” I ask myself these questions and you can, too:

1. Would I buy this item at triple the price?

2. Do I ABSOLUTELY love it?

3. Would I get rid of something else to own this?

If the answer is yes to all 3 questions, consider a purchase (if you have room in your shopping budget that month.) If the answer is no, walk away.

It feels so-o-o-o- good to walk away, doesn’t it?

Check out Ep 12 Tightwad Tuesday Video: Dressing Room Drills

Share this with a friend who’d appreciate it!

Tightwad Tuesday: How To Save 75% Off Retail Prices On Furniture

I am not one for buying on Craig’s list.

First of all, it’s time consuming. Once you finally find something fabulous, you have to connect with the seller. If the treasure hasn’t been sold yet, you still have to coordinate a meeting to take a look. By this time, you’ve already invested hours.

Then there is the whole “stranger danger” issue. Do I really want to walk into someone’s home to look at their dining room table? What if I am walking into the “Bates Motel?” As the door shuts behind me, I can’t be sure I’ll walk out alive and well.

That’s why I love consignment stores. It’s not just that you can find wonderful items at 50 – 75% off of retail prices, there’s more:

They are stores!

They are “public places” with no worries of weirdo’s jumping out at you from a closed door and blocking you from leaving. (Am I paranoid? I don’t think so!)

The designers choose quality, “on-trend” furniture so they do the sifting for you.

Your decisions aren’t permanent either. Because the prices are reasonable, you can always pick up furniture that works for your space but isn’t your lifelong dream piece. You can always “consign-it-back.”

Oh, and you can sell your stuff too, for cash or credit.

There are a few drawbacks. You have to pick up and deliver items yourself, or hire furniture movers to help.

There is no “90 days same as cash” or any special financing available for new furniture. You pay cash or with a credit card.

Overall, consignment stores are a great way to inexpensively fill your home with quality furnishings without the hassles of online ads.

What’s not to love?

Tightwad Tuesday: 3 Easy Ways To Check Out Your Charity Before You Donate

We are givers. In fact, research shows spending money on others makes us happier than spending on ourselves.

I don’t know about you, but I just want to make sure my gift is going to a real charity, the funds aren’t just spent on overhead, and the organization is professional. That’s not too much to ask is it?

Here are 3 easy ways to check out your charity before you write a check:

1. Determine if they are a “qualified” charity. The IRS has a database of charitable organizations (501(c)3 organizations) that are eligible to receive tax exempt donations.

Here is the link to search for your favorite charity – click here.

2. What percentage of contributions actually go to the charitable programs versus administrative expenses? Of course, every organization has some overhead but it should be reasonable. CharityNavigator.org is a resource.

3. Does the charity receive excessive complaints? The Better Business Bureau Charity Guide may have the information you need. They have a 20 point charity accreditation guide that gives plenty of details. Not all charity information is populated saying, “Under review.” The ones that had information were pretty thorough.

Mom was right. It is better to give than receive. When I give of my hard earned money, I just want it to mean something. Don’t you?

Tightwad Tuesday: One Big Money Waster – Business Expenses

I’ll admit it.

I used to take months to turn in my business expenses. After traveling all week, who wants to sit down to paperwork?  Not me. I want to hang out with friends not crank out reports at my desk.

Turns out, it’s worth it to take a few minutes each week to organize and file expense reports. With apps like MileIQ, it’s simple to track mileage.

In this episode of Tightwad Tuesday, I talk about the cost of waiting and encourage you to just sit down and get those business expenses done.

Tightwad Tuesday Episode 5: Save Money, Take A Hike

I am serious. Take a hike!

You support national, state and local parks with your tax dollars so get out and use them – for free.

In this episode of Tightwad Tuesday, I encourage you to enjoy the great outdoors.