The Gift of Debt-Free Living
Mamasource is all about helping our moms spend and save wisely, which is why we’re so excited to announce our newest partner. We’ve teamed up with SavvyMoney
to give you the tools, tips, and techniques you need to get control of your finances and safeguard your family’s future.
That OTHER four-letter word…
Nobody likes thinking about debt, but most of us have it, and plenty of us need help climbing out of it. If you’re feeling overwhelmed by hefty credit card balances, SavvyMoney can help you create a personal payment plan to set you on the path to financial freedom. Think of it as a “weight loss plan” for your debt. With the New Year fast approaching, it’s the perfect time to start putting a dent in your debt and embark on a fresh start.
Speaking of numbers, SavvyMoney has some pretty impressive ones of their own. Their members are currently paying off over $1 billion in debt—and many of them are saving more than $10,000 in interest!
Get a Head Start
To kick off our partnership, SavvyMoney is running a Debt Payoff Holiday Giveaway through the end of December. All you need to do is sign up for a free trial of SavvyMoney. The lucky winner will get $1,000 toward their debt. That’s the kind of holiday spending we like to see!
SavvyMoney will also launch a New Year’s Resolution contest on January 2nd. Exclusive to Mamasource readers, the grand prize will be two hours of personal finance coaching from Jean Chatzky herself.
Visit the SavvyMoney website for more strategies in smart spending, saving, and sharing, and start building your personal payment plan today.
Here are some holiday spending tips from SavvyMoney
Jean Chatzky, the Director of Education at SavvyMoney, is a best-selling author and a national TV personality. Below are just a few of her tips for saving during the hectic holiday season. (Read the full article, and see more of Jean’s articles, videos, and webinars on SavvyMoney’s website.)
• Stick to a budget. Jean recommends spending no more than 1.5% of your annual take-home pay on holiday gifts.
• Make it a group effort. For pricey gifts, enlist contributions from siblings or other family members, so you can wow the recipient without draining your wallet.
• Use credit wisely. If you’ll be able to pay off the balance within one or two months, consider using a cash-back credit card that will earn you money on your holiday purchases.
• Double up on money-saving strategies. Don’t hesitate to combine cash-back credit cards with coupons and other promotions.
• Give an experience. For the person who already has everything, forgo the stuff and give an experience like cooking lessons, a deep-tissue massage, or a wine tasting. Busy moms will be thrilled with a free babysitting voucher!
Check out our partner, SavvyMoney website today!
Melissa Rudy is a Cincinnati-based freelance writer and mother of three girls. When she’s not stringing together Words by Melissa, she’s running, carpooling, or hiding in her closet with a novel.
