Showing posts with label wedding savings. Show all posts
Showing posts with label wedding savings. Show all posts

Guest Post: 7 Ways to Save on Wedding Registry Gifts




Summer is wedding season and this year, no one knows that better than me. I'm in two weddings and attending four more, making my weekends all about dress fittings and bachelorette parties. In addition to traveling around the country -- Florida, California and New York -- I also need to budget for six wedding gift
by

Andrea Woroch
Gift registries make this part of the process easy, but shipping costs and indecision often contribute to a stressful experience. Consider these seven ways to save on wedding gifts, six of which I'll definitely be using this season.


1. Buy a group gift with friends.
Most of my friends already have the small household items that comprise traditional registries. If this sounds familiar, consider going in on a pricey gift with friends. Not only will you be getting the couple something they really need, but you may end up spending less in the long run. Edivvy.com makes it easy to organize the group gift without the hassle of calling around and coordinating payment.

2. Shop discount retailers.
If your friends are registered for Cuisinart pans or Kitchenaid cooking utensils, find them for less at such discount retailers as Ross, Marshall's or HomeGoods. You can also find things like cookbooks, picture frames and bath essentials for a fraction of department store prices.

3. Look for coupons.
Macy's is the go-to registry for most brides, so I was pleased to find a coupon for $20 off $100 worth of registry items on CouponSherpa. Luckily, you don't need registry-specific coupons to save on your purchase, so search the Web before clicking "submit."

4. Frame the wedding invitation.
Brides and the occasional groom spend lots of time and money creating the wedding invitation, only to distribute them to others. Make it into a creative keepsake by framing it. You can even buy a double frame with space for the couple's favorite wedding portrait for an added touch.

5. DIY - literally.
Are you handy, artistic or gastronomic? Consider a gift you can give based on your own business or skills. Paint a painting for their new home, offer your makeup or hair artistry skills to the bride, or bake the wedding cake. Your friend will be grateful for both the thoughtful gift and for cutting down her expenses.

6. Use (or give) discount gift cards.
Gift cards are much appreciated by modern couples and are often found at the bottom of registries. Click here to avoid paying full price for these versatile gifts by comparing discounts on cards to retailers, restaurants and other establishments. If you'd still prefer purchasing a tangible gift from the registry, purchase a discount gift card for yourself to offset the cost.

7. Shop for daily deals.
If you know the person well enough, you can get away with using the registry as inspiration for the right gift at the right price. For example, one of my friends registered for a set of chef knives that I know won't last. That's why I was thrilled to find a great set of premium chef knives for 60-percent off at one of the daily deal sites I'm subscribed to. Check out GrouponLivingSocial or Seize the Deal for daily offers. 

Andrea Woroch is a nationally-recognized consumer and money-saving expert who helps consumers live on less without radically changing their lifestyles. From smart spending tips to personal finance advice, Andrea transforms everyday consumers into savvy shoppers. She has been featured among top news outlets such asGood Morning America, NBC's Today, MSNBC, New York Times, Kiplinger Personal Finance, CNNMoney and many more. 

Enhanced by Zemanta

Monthly Focus: 10 Daily Budget Fixes for Newly Engaged Couples

by

Andrea Woroch

Make a few budget tweaks to kick off your wedding savings.  Here are 10 easy ways to help you spend less and save more.

1. Dine out less.
With an expensive event to save for, look for areas in your lifestyle that can greatly reduce the amount of money you spend. Dining out regularly, for example, eats into your budget to the tune of $200 per month, according to the National Restaurant Association. Cooking at home will not only save money, but also provides a unique bonding opportunity with your soon-to-be spouse.

2. Sell your stuff.
Peruse your closet for clothes, shoes and accessories you haven't worn for a year and start purging. Post the goods online via Craigslist and eBay, or sell through your local consignment shop. The same goes for furniture, home goods and sporting equipment. You can even exchange gift cards for cash on sites 

3. Trim salon visits.
Whether you're a hair-color fiend or addicted to manicures and massages, it's time to trim those salon visits. Let your hair grow out a little longer to stretch time between visits and save on cuts. Give yourself at-home mani-pedis with inexpensive drugstore kits. Though weekly massages may help you relax, make a date with your bathtub and suds it up with a little mellow music to help you unwind.

4. Movie night alternatives.
Skip the $5 movie from you cable provider for a $1 Redbox rental, or get your cinema fix via online streaming with Hulu. You can also pick up free DVDs at your local library, or swap movies you own with friends for something new to watch.

5. Find a side gig.
From weekend bartending (up to $300 nightly) to watching the neighbors kids ($15 per hour), you could supplement your savings with extra cash from a side gig. Just make sure you don't spread yourself too thin with the added workload. Wedding planning takes time, after all, and you don't want to kill yourself saving up for an extra plate of foie gras.

6. Nix dry cleaning.
Instead of paying $10 to $20 per item for dry cleaning, use at-home dry-cleaning kits ($13 for 6 pouches), which freshen up your clothes in the dryer instantly. Going forward, check clothing labels for care requirements and try to avoid dry clean-only garments.

7. Brew your own cup of joe.
Wake up a few minutes early and make your own coffee. This is one of the most common -- and yet most overlooked -- daily savings tips. With coffee and espresso running anywhere from $1 to $5 per serving, potential savings could reach $35 per week or $140 monthly.

8. Redeem reward points.
According to a study by Colloquy, the average household participating in loyalty programs -- like those offered by credit cards -- earns approximately $622 in rewards annually, and fails to redeem $205. If you're guilty of leaving 200 bones on the table, now is the time to start redeeming those points. Get gift cards to use toward wedding expenses or try to pay for a portion of your honeymoon travel expenses with the points.

9. Use your tax refund wisely.
The average tax refund in 2011 was nearly $3,000, according to CNNMoney. If you're fortunate enough to receive that kind of sum again this year, open a high-interest savings account and deposit the refund immediately. Then, review the W4 you have on file with your employer and adjust your withholding. You don't want to miss out on an extra $250 of income each month going forward.

10. Mass transportation for massive savings.
For city dwellers, vow to take the subway or bus to work instead of a taxi to yield a savings potential up to $20 per day. For those who cab it around town because alcohol is involved, many props to you. However, you may consider electing a sober driver or ween yourself from the costly activity altogether.

Andrea Woroch is a nationally-recognized consumer and money-saving expert for Kinoli Inc.

Enhanced by Zemanta

LinkWithin

Blog Widget by LinkWithin

wibiya widget

Facebook and Twitter