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- 10/27/23 - Friday (Capitalize)
10/27/23 - Friday (Capitalize)
Brought to you by:
💊 A Healthy Dose of Control 💊
and
Hey, you awesome autumn apples! 🍎
We are about to turn the page in October and we want you to feel super prepared for the month ahead.
We know this is one of the craziest times of the year— the time when most of us don’t want to think about our money and just enjoy these last few weeks of 2023.
But trust me, you will appreciate the season so much more if you take a little bit of time this weekend to look at your money and prepare for what’s ahead.
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What to Include in November’s Budget
🔌 Utilities. With the weather getting cooler, for many, that means increased heating costs. Be sure to plan for the possibility of a higher-than-usual gas/electric bill.
If you’re still living in the same place as last November, consider taking a look back at your utility costs from last year and adding an extra 10-15% to that amount. Or get creative on ways to keep that thermostat low!
🛒 Groceries. We know you buy groceries every month, but this time it’s extra important to be planful! From attending parties to hosting parties, to the Thanksgiving meal itself, think through what additional ingredients or quantities of ingredients you may need to be well-fed and meet your obligations in the coming weeks.
🗺️ Travel. Are you driving or flying anywhere this month? Beyond just paying for gas or plane tickets, also consider other travel costs like eating out, unplanned activities, and replacing forgotten items.
🎁 Gifts. It’s about to be Black Friday and while there are many deals to be found, we will be better off if we plan ahead versus impulse purchase!
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November’s Big Money Move
Start Teaching Your Kids About Wealth. If you have kids, download our friend Andy’s free 60/40 Generational Wealth Plan to learn how to instill a wealth-building mindset in your children.
And check out Episode 56 (all the way back in the archive!) Saving For Kids’ College with Abby Chao From Backer to better understand 529 plans!
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What’s on Sale?
🧵 30-Day Minimalism Challenge. It’s not just on sale… it’s FREE! Now through November 3rd, you can get this digital download straight from the Frugal Friends to help you declutter and feel less chaotic as we enter the holiday season! Use code LESSCLUTTER to not pay a dime!
🎧 Electronics. Think headphones, tablets, speakers, and activity trackers. Places like Best Buy are boasting their best deals of the year to come on Black Friday. But, 🌶️hot take🌶️, while you may be tempted to buy a TV, you’re better off waiting until the week before the Super Bowl.
🛠️ Tools. This could include everything from power tool combo kits to pressure washers. If you’ve been getting into DIY projects and home maintenance this will be the time to expand your toolbox! Keep an eye on the best deals at Lowes and Home Depot.
🎛️ Kitchen Gadgets & Appliances. If you’re in the market for a toaster oven, coffee maker, or stand mixer, Black Friday will be the time to shop! You can expect deals up to 65% off at retailers like Amazon, Kohls, and Walmart.
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What to Cook
Keeping with the pasta theme this week, here’s one of my (Jill) favorites to make with some angel hair or linguine; Chicken Piccata. 😋
Who knew there were so many ways to gamify decluttering?! Jen and I go through some of our favorite challenges in this Declutter Your House in 30 Days episode and hope you feel inspired to simplify your home in time for the Holidays!
How to Budget without Deprivation is a rerun of Ep 186 because you all loved it so much! We’ve revived it so you can give it a fresh listen!
Tune in wherever you get podcasts and let us know what you thought of the episode over on our latest Instagram post!
This Friendletter is Brought to you by:
💊 A Healthy Dose of Control 💊
Control, too much and it’s stifling. Not enough, and you feel like you’re spiraling. That’s why we love a healthy dose of it. It’s important in life and especially in your retirement savings. ⚖️
Your 401(k), for example, is managed by your employer, which means you lose the ability to contribute when you leave your job. They can charge fees for it to sit there and it can even be transferred without your consent.
To regain control of your money, you have to roll over your old 401(k) funds into an IRA. It sounds stressful, and it can be, but that’s why Capitalize is here to help.
Capitalize is a FREE concierge platform to find and transfer your old retirement accounts into an IRA of your choice. As an independent resource— not an IRA provider—they help you compare the best options and provide unbiased recommendations based on your best interests.
Even if you’re not entirely sure if you have forgotten money, Capitalize can help you find your old 401(k)s. So if you’re ready to take back control of your retirement savings, then check out Capitalize. **
What do you come to the Frugal Friends Podcast for? |
Catch ya later,
⭐️⭐️ P.S. Want to share all this goodness with your friends AND earn cool Frugal Friends merch?
**Means this is a sponsored or affiliate section. We may earn a small fee or commission when you choose to try one of our sponsor or affiliate partners. But opinions are still 1000% our own.