7 Simple DIY Woodworking Projects for Your Home

woodworking projectsWe all get Pinterest envy from time to time. You scroll through picture after picture of beautifully decorated and furnished rooms. It doesn’t take long before you start wondering how to make your own home look Pinterest-perfect.

But then you start shopping and you realize how expensive it all is. Fortunately, taking on some DIY projects for the home can give you the style you want, 100% customized, for much less.

One area in which DIY can be especially beneficial is in furniture. Woodworking projects can give you customized, stylish, and often sturdier furniture for less. As an added bonus, home woodworking is a more eco-friendly living choice.

If you’re on the hunt for some ideas, check out these options:

Beginner Woodworking Projects for the Home

For the homeowner who wants to make DIY furniture but hasn’t reached the status of woodworking master, here are a few projects to get you started:

Standing Bookshelf

A bookshelf is a great starter woodworking project. It’s rather simple, but it teaches you a lot about stability, angles, and basic skills.

If you’re living in a home that lacks storage and/or abundant space, a bookshelf is also a very usable project. You can design it to fit into even the smallest or most awkwardly-sized spaces. And if you need storage for items that aren’t books, simple baskets fit the look perfectly.

A word to the wise: think about the flooring when you’re designing your bookshelf. If the shelf will be on a high-pile carpet or rug, it will need extra stability compared to a hard floor.

Want to step up the difficulty? If you have small pets, install a cushion on top of the shelf to give them a cozy new bed.

Medicine Cabinet

Really any wall-mounted cabinet will be made similarly, but a small one like a medicine cabinet is an easier place for beginners to start.

In fact, a cabinet is a great next step after your bookshelf. You’re essentially just building a bookshelf and adding doors.

Here’s a pro tip: before you start, measure some of the items you want to store in the cabinet. Many store-bought medicine cabinets don’t quite fit items like contact solution and other large bottles. But when you’re making your own cabinet, you can specifically plan it all your favorites.

As with all woodworking projects, you can choose how complex you want your cabinet to be, from a minimalistic design to a more ornate DIY medicine cabinet.

Shadow Box

If you’re not familiar, shadow boxes are glass-fronted wooden boxes designed to display memorabilia. They can be wall-mounted or placed on a tabletop. They’re fantastic projects for parents who want to display their kids’ awards.

A shadow box is a great project because you can customize it to fit the specific items you want to include. It’s also a fantastic way to learn how to use glass in your woodworking projects.


A bench might be the most stereotypical beginner woodworking project, but hear me out.

Like bookshelves, it can be a real challenge to find a bench that fits your unique space. They’re also great pieces of multitasking furniture because you can include storage to them as well.

It’s important to make your bench with your specific location in mind. Outdoor benches and indoor benches have very different considerations, like weather protection.

And of course, benches can be as simple or as challenging as you want them to be. Whether you’re a beginner or an old pro, you can find a bench-making design to fit your skill level and your style.

Storage Box

Boxes and storage containers are some of the most multifunctional items you can buy (or in this case, make) for your home. They can turn even the most basic shelf into an organized masterpiece.

Small storage boxes are also wonderful gift add-ons. If you’re giving someone jewelry another small yet treasurable item, forget the cardboard box and make your own personal gift box.

Depending on the design you use, boxes are great woodworking projects for learning corner joints and varying styles of lids.

Mudroom Organization

Without a doubt, one of the hardest rooms to keep organized in any house is the mudroom or entryway. That goes double for homes with kids.

Store-bought mudroom furniture can be very expensive, especially if you want a fixture that maximizes space with shelving across most of the wall. DIY mudroom furniture, on the other hand, gives you cost-effective customizability.

When you’re custom-building furniture for this type of space, it’s all about what complexity you want. For a genuine beginner’s project, a simple mounted board with hooks for coats and book bags can go a long way.

But if you want a more comprehensively organized area, a full wall unit can provide space for shoes, coats, book bags, hats, and much more. You can even give each family member their own cubby to make for quicker, less chaotic mornings.

Lawn Furniture

One of the most popular trends in home design today is using your outdoor space. Homeowners are decorating, furnishing, and designing their outdoor areas to make them so functional that they’re just another room of the house.

A key to having usable outdoor space is having comfortable furniture. But have you looked at prices for outdoor furniture lately? Manufacturers know this is a higher priority for homeowners, and they’re taking full advantage with hefty price tags.

Fortunately, outdoor furniture items make for great woodworking projects. Adirondack chairs are particularly popular today, with no cushions needed. You can even create an entire “room” of furniture in this same style.

Basic Tips for Beginner Woodworkers

Woodworking is an entire skill set to learn, and it takes time, but here are some tips for your first projects:

Have the Right Equipment from the Start

Woodworking has the potential to be dangerous, messy, and difficult if you don’t have the right equipment. Before your first project, buy or borrow all the essentials you need like safety goggles, dropcloth and dust collector bags.

Read All Instructions Before You Start

In some woodworking projects, you need precise timing between one step and another. Before you start, read all the instructions and practice some of the new skills you may need.

It’s also a good idea to buy all the supplies you need for the full project before you begin. In some cases, substituting one piece or fixture for another can change the process, and you want to know this from the start.

Read Up on Safety Protocol

You say it to your kids all the time: safety first! Research how to stay safe before you hammer in your first nail.

Find a Project and Start Saving

Woodworking projects are just one way to save money on your home. For more, check out my frugal living tips for moms.

How to Save on Insurance: 7 Tips all Drivers Need to Know

save on insurance

Nearly half of insured drivers never run any kind of comparison on their insurance rate. As conditions change and drivers age, rates go down. Most drivers don’t realize how much they could save on insurance.

Car insurance is calculated on a wide range of factors. The kind of car you have, how many years you’ve been driving, and the city you’re registered in can all affect the cost of your insurance. If you can find a way to change any of these factors, you rate will change.

If you’re on a budget or just wondering if you could save on insurance, a little bit of investigation will reveal any wiggle room. Follow these 7 tips to see if you can adjust your current monthly insurance payment.

1. Set A Good Deductible

Deductibles are set based on a number of conditions that can’t be changed. The one figure you can change is how much you’ll pay if you end up in an accident before your insurance kicks in.

If you’ve got a low deductible of just a couple of hundred dollars, you’ll be paying a high premium each month. This allows the insurance company to get some of the payment up front in the case that you have an accident. Raising your deductible up to a thousand dollars or more will change your rate drastically.

If you’re a good driver and rarely get into fender benders or if you have an older car, you might not want to shell out money for minor cosmetic repairs. This could drop your deductible by up to 40%.

If you don’t see yourself getting into an accident and haven’t been in one for years, a higher deductible means you’ll pay out more on the other person’s car up front. But if the likelihood is low, it might be a safe bet that could bring your insurance payment way down.

Think about where you live, the area where you drive the most often, and how safe you’ve been in the past. A sober look at your conditions could mean big savings.

2. Watch All of Your Coverage

The liability insurance covers you in the case that you cause an accident. If you have a spotty driving record, you might want to increase your liability.

If not, you could scale back some of your coverage.

Risk management is the name of the game and if you get into an accident without enough coverage, you could have to pay out big time. If you’re pretty careful, you can take a risk and pay less.

Buying more coverage might not make sense as a way to save, but think about your car and think about your neighborhood. If you just bought a nice new vehicle or spend much of your time driving side by side with lots of Bentleys, you might want more coverage.

If someone has major medical claims, you could be paying your full deductible before insurance kicks in. Talk it through with your insurance agent before you decide on coverage.

If you end up in an accident, call someone like Craig Swapp & Associates traffic accidents lawyers to keep your rates low.

3. Dig for Discounts

Many insurance companies offer unadvertised discounts for people who live a low-risk lifestyle. If your agent hasn’t mentioned any, ask about whether or not you qualify for one.

If you’re a student with strong grades, you could see a lower payment. For new drivers who’ve taken a training course or older driver who took a refresher, discounts are usually offered.

Anyone who’s ever taken a defensive driving course could be eligible for insurance discounts. People who work in certain fields are also eligible.

Mention all of the safety and anti-theft features of your car. Those could lower your rate too.

4. Run A Rate Check

Every year, insurance rates change. Whether it’s because you’ve simply reached an age threshold or hit a mark of having had a great record for X number of years, you could be up for a discounted rate.

It’s never been easier to compare insurance rates online to save on insurance. More people are able to find out whether or not they could lower their rates by changing insurers.

More likely, you’ll be able to lower your rate with your current insurer. Call and list any major life changes, new safety features of your vehicle or training courses you’ve taken to find out whether you can lower your rate.

5. Choose A Great Insurer

Finding the lowest premium isn’t everything. While some insurers will offer a low premium, they may not handle your estimates correctly.

Read reviews of any insurer before you work with them. Be sure to see how your rates could go up after an accident in order to save on insurance.

Following an accident, it could be difficult to move to a different insurance carrier. If you could get ripped off for a minor fender bender, you could be better off paying a little bit more with a higher quality insurance company.

6. Bundle Your Policies

Just like bundling your cable package with internet, you could bundle your homeowner’s insurance with your car insurance. See what kinds of packages different companies offer. You could get an added bonus from an insurer by switching to them.

The premiums offered with a package deal are almost always lower than having separate carriers. Make your life easier and your insurance company happier by allowing them to sell you multiple policies.

7. Maintain Your Credit Score

In many states, your credit score can affect your insurance rate. Ask whether an insurance company takes that into consideration before you buy a policy.

You might want to make some moves to improve your credit if this is the case.

Save On Insurance By Shopping Carefully

When you’re looking through different rates, be sure you’re comparing every aspect of coverage. Looking at only the premium while ignoring the liability coverage could get you trapped under big payments.

If you’re ready to save on insurance, contact us for where to go for the best rates.

6 Headache Relief Tips for Avoiding Expensive Medicine

headache relief

One minute you’re laughing with a friend, the next you’re squinting in pain. Popping a pill can seem like the easiest headache relief, but it’s not the only way.

Pills are limited in capacity, especially in the case of migraines. If you’re one of the 37 million people that suffer from them, you’re probably wishing for a better way.

Migraine pills can get expensive. Here at Thrifty Momma, we’re always looking for more frugal alternatives. Check out these six different ways to relieve pain naturally, without hurting your wallet.

1. Meditation

When do we ever truly relax? I’m talking no TV, no music, just sitting in peace. Even sleeping can be a challenge for some of us.

That’s why it is so important to find a moment in the day to sit in silence. Some studies have shown meditation can be even more effective than traditional pain relievers.

If you get a headache at work, take a quick break. Go sit in your car, go sit in the breakroom, just sit somewhere quiet. Clear your mind of stress and work and focus on what makes you happy.

Binaural sounds can help tune out your surroundings if you can’t find a quiet place. The melodic hum sends signals to the brain and puts you in an almost trance-like state.

Just remember to set a timer if you have somewhere to be; sometimes meditation can lead to naps.

Learn more about this online if you’re really trying to find that inner peace.

2. Drink Ginger

Ginger is a natural headache relief ingredient, containing powerful anti-inflammatory properties. Ginger relaxes the blood vessels that create tension, lowering the intensity and frequency of headaches.

Migraine sufferers can drink ginger teas to prevent episodes. Simply purchase any loose teas with dried ginger or create your own at home. You can grate ginger root and steep it with lemon and honey for instant relief.

Gingerale doesn’t have enough actual ginger in it to provide any headache relief, by the way. Not to mention, the sugar content may even make a migraine worse. Steer clear of it.

3. Stretching

Your fitness and lifestyle play a big role in how often you get headaches. Stress from sitting in one position for an extended time is a common cause. Loosen your neck muscles by doing some stretching.

Just do a few simple motions: look up, then down, left, and right. Then, tilt your head left and right, and rotate for two full circles, clockwise and counter-clockwise.

This method works best when you sense the early signs of a headache. Always be conscious of your health and fitness. Work toward improving it little by little. Regular exercise can just mean standing up and stretching every half hour.

You can build a routine around stretching and provide plenty of preventative headache relief so you don’t have to worry about carrying pills around.

4. Massages

After stretching, you can move right into your own self-massage of the neck, back of your head, and your temples. These areas are most prone to tension and cause headaches.

A professional massage also helps keeps everything loose and prevents knots from building up. Schedule one if your budget allows.

If your hands aren’t strong enough or tire quickly, you can find some great hand-held self-massage tools that won’t break the bank.

You can even download some phone apps that turn your smartphone into a mini-massage device. You might get some weird looks, but, hey, if it works, go for it!

5. Hot Water and Ice

Ice helps dull the pain of a migraine and reduce the inflammation. You can apply an ice pack on the back of the neck or head. If you’re going to use it on the forehead or top of the head, don’t leave it on too long.

Hot water also helps ease the pain away. If you dip your feet into a foot massager or a tub full of hot water, it can improve blood flow and put your body in a relaxed state.

Those who spend a lot of time on their feet (nurses, teachers, retail assistants) find that the lower body is directly connected to the head.

Soaking your feet in hot water and icing the neck work out any blockages and inflammation. You’ll not only get headache relief, but also full body pain relief.

6. Aromatherapy

Last, but not least is the power of smell. Our nose connects to our pleasure centers and can alter mood and blood pressure. That’s why savory, sweet, and floral smells connect so deeply with memories, mood, behavior, and even motor skills.

You can tap into this power of relaxation and pain relief by using oils like lavender as medicine. Simply put a few drops in a towel or tissue and inhale for a few minutes.

You can also fill your home with natural oils by using a cheap diffuser. These inexpensive devices are like mini humidifiers that spray a mist of infused water, like a Glade plug-in, only without the chemicals.

Headache Relief and Your Health

Prevention is the key to combating headaches. With these tips and a good plan, you can make consistent strides toward living a healthier, pain-free life. It isn’t easy, but you can always come here for stress-reducing information.

Always remember to practice self-care and don’t spend every hour of the day thinking about money. It’s a process. We’re all in it together here!

If you’re looking for more ways to save on medicine, healthy products, and more, always check in our hot deals section for new offers.

A frugal life is a happy life, that’s what Thrifty Momma always says!

How to Find Fearless Faith as a Mom

fearless faith

In a world that sometimes seems ridden with fear, chaos, and turmoil, it can be hard to stay positive and uplifted.

There’s no doubt that it’s hard (really hard) to be a mother, but it’s one of the most important, rewarding jobs a person can have.

Navigating your own faith can be challenging with all the hectic demands that come with parenting, but we are here to help you!

Let’s get into how to find and restore fearless faith as a mom.

Release the Perfectionism

Most mothers agree that they experience the internal and external pressure to somehow be superhuman.

With that said, the perfect mother does not exist. It never has and it never will. And, that’s okay!

Having fearless faith means accepting that things will not always go according to plan. You will not always have control of the outcome. You will face hardships and obstacles through the ebbs and flows of life.

If you stay too focused on perfectionism, you miss the tiny, imperfect miracles that happen on a regular basis. You miss the chance to stay connected with your faith and spirituality.

Practice staying patient and accepting- even when life doesn’t turn out the way you want it to. Practice finding a silver lining, even in the dark storms.

After all, fearless faith doesn’t just exist when everything is going well. It exists even when everything is falling apart. The happiest, calmest mothers know and live by that philosophy.

Stay Connected with Your Faith

It’s so easy to become disconnected with the principles and practices that keep you calm. But, this is a costly mistake.

Most of us feel stressed on a routine basis. It’s just become a normal part of life, but it doesn’t have to be that way.

Did you know that 77% of Americans report experiencing physical symptoms (like headaches or stomach pains) as a result of stress? That’s almost 8 in 10 people, and it doesn’t have to be that way!

Not only is all this rushing and insane scheduling wreaking havoc on our mental health, it can also have detrimental consequences on our physical well-being.

Your spiritual health matters, and it matters just as much as eating well, exercising regularly, and practicing positive coping strategies to manage stress.

So, how can you stay connected with your faith?

If you’re an active member of a faith-based community, such as a church or temple, make it a priority to actually go! Just like you would with any other appointment, it shouldn’t just be open for negotiation or “as a last resort.”

You can also build upon your relationships with others who share the same fearless faith. Learn from mentors and take on their wisdom. Open up about your struggles and lean on others for support — that’s what friends are there for and that’s what makes the community of faith so special.

Seek Inspiration on a Routine Basis

It’s important for all of us to experience awe and inspiration. It helps us feel alive and it helps us feel spiritually connected.

When was the last time you felt inspired? If you can’t recall, we have a major problem. Inspiration colors our world.

Think about your children — chances are, they experience this awe and wonder every day. They do it without thinking. They experience it in the fantastic land of make-believe and childlike freedom and innocence.

Unfortunately, as busy adults with jam-packed schedules, we can lose sight of this in the midst of the daily grind. Fearless faith is all about feeling inspired, connected, and hopeful about the past, present, and future.

Make it a priority to set time for inspiration. Whether it’s picking up new Servant books or spending time in nature on a mindful hike, do what you can to stimulate your mind and body.

Inspiration can be found anywhere- if you look hard enough. It also doesn’t just have to be in a formal religious setting. Inspiration exists in the relationships we have with others, the moments we share with our children, and the sensations we experience every single day.

Love Without Limitations

As a mother, you already know that the unconditional love that you have for your children has no bounds. It’s one of the best parts of being a mother, and it’s what makes human connections so powerful and remarkable.

The more you can practice love, patience, and tolerance with the rest of the people in your life, the more fearless faith you will experience.

While it’s normal to feel angry or upset at certain people throughout life, holding onto deeply-set resentments often ends up hurting you more. When we have certain expectations of others, we can risk feeling disappointed when they do not meet them in the way we want.

Instead, practice accepting people as they are- flaws and all. Learn to fall in love with the quirks and nuances. It’s what makes us human, and it’s what ultimately makes us beautiful and unique.

Remember: just like you don’t need to be perfect, nobody else owes you perfection, either. The more you can embrace people for who they are, the happier you will feel.

Final Thoughts on Harnessing the Beauty of Fearless Faith

With faith, all things are possible. With faith, you will feel a sense of peace, calmness, and indescribable joy.

Just remember that faith does not happen “randomly.” You need to take the conscious actions and steps to pump faith into your life and family.

Interested in more helpful lifestyle tips about raising your family? Be sure to check out our blog today!

10 Ways to Make Money from Home

money from home

Let’s face it: some people aren’t built for the nine to five.

Maybe you don’t like waking up and battling through rush hour traffic. Maybe your eyes are constantly drawn to the clock and you don’t like being tied down to a schedule. Maybe you just don’t like putting on pants in the morning.

Fortunately, there’s no shortage of opportunities to work from home no matter your motivation. More Americans are working from home than ever before. In fact, 43 percent of employed Americans said they spent at least some time working remotely.

We live in an age where it’s possible to support yourself financially without ever leaving your bedroom. Are you ready to ditch the office life? Here are 10 ways to make money from home!

1. Online Surveys

Everyone has opinions. It’s easier than ever to find a platform to express your views, no matter how insane they might be. I’m looking at you, Twitter.

Have you ever thought of getting paid for providing your opinion? Online surveys are becoming a popular method to make money from home.

Research companies are always looking for insights from consumers. You can make a few dollars in a matter of minutes simply by answering a few questions online.

Sites like InboxDollars, The Opinion Panel and OnePoll offer daily surveys to a number of demographics. You can even sign up for Swagbucks, which gives you money for taking surveys and surfing the web.

You might not make a full income taking online surveys. But they are a fast and easy way to make some extra cash.

2. Fiverr

Have you ever done someone a favor for $5? That’s the essence behind Fiverr, an online marketplace where people sell their services to others.

Fiverr is full of people looking to pick up extra work. All you have to do is sign up, offer your services, and wait for someone to take your offer.

You can offer anything from writing to graphic design to simple chores. You only make $5 per task, but you can bundle multiple tasks to earn some extra money.

3. Freelancing

The digital world has made it easier than ever to connect with job opportunities all over the world. Case in point: freelancing.

Freelancing is a great option for people with a specific skillset. Writers, web designers, graphic designers, editors, and virtual assistants can all freelance to make money from home.

Freelancing lets you sell your services to a number of clients across the globe. You can find clients via freelance marketplaces like Upwork.

You can also create your own website or blog to attract clients. Struggling to attract people to your blog? Here are tips on getting more blog traffic.

4. Investing

You don’t have to work on Wall Street to get in on the stock market.

Nowadays, there are tons of opportunities to invest your money online. There are countless online brokers like E*TRADE that let you buy and sell stocks.

Not ready to invest big bucks? You can get started on Stash. This app lets you start making investments for as little as $5.

5. Airbnb

Forget about hard work. You can make money from home simply by renting out your extra rooms.

Airbnb is an online marketplace and hospitality service where people can rent short-term lodging. Many travelers use this service to find places to stay whether it’s a crowded apartment or private cottage getaway. You can make hundreds of dollars per night using Airbnb.

Want to make the most of your rental? Make sure your home is clean. You should also make sure your home’s exterior is appealing. Small things like using a Cookson garage door or cleaning your windows can make a big difference.

6. Sell Old Items

Let’s be honest. You don’t need a Nintendo 64, 10-year-old shoes, or that shoddy old bike.

You don’t have to throw all your old items away. There are plenty of services that let you sell your used items for money.

You can make a trip to a local thrift store to get rid of some old clothes. You can also use the online marketplace.

OfferUp is an application that lets you find and connect with local buyers. Simply post your item, add pictures and a description, and wait for buyers to message you.

7. Earn Credit Card Points

Look: I’m not saying you should open up a bunch of credit card accounts. But there’s no denying that credit cards offer juicy rewards to loyal members.

Find a credit card that offers monthly rewards or a sign-up bonus. Some credit cards also offer cash back on purchases or free travel points.

You can earn money while making your normal purchases. Just remember to pay off your card in time.

8. Drive

Do you like driving? You might as well get paid for it.

Ridesharing applications like Uber and Lyft are constantly on the prowl for reliable drivers. You can work flexible hours, meet new people, and make some extra money.

Yes, you have to actually get out of the house for this one. However, the average Uber drive makes $15.68 per hour before expenses. Not bad for a side gig.

9. Mystery Shopping

You can make money and get free items as a mystery shopper.

Mystery shopping lets you get out of the house and visit retail stores. Your team will give you instructions on where to shop and what to ask. You will follow up and give them feedback on your shopping experience.

It helps your wallet and businesses. The free retail items are an added bonus.

10. Focus Group

Are you passionate about the products you buy? You might want to join a focus group.

Focus groups let you give your feedback to companies on products and services. The companies use your opinion to fine-tune their product development.

Many focus groups are done face to face. There are some available in the online marketplace. You can make a trip to Find Focus Groups to get a list of available focus groups.

Make Money From Home

There’s no shortage of opportunities to work from home. Use this guide to explore and find the right job for you. You can avoid the office, make some serious money, and enjoy your newfound freedom.

Are you looking for more moneymaking tips? We can help. Check out more ways to earn money on our blog.

4 East Coast Cities You Probably Won’t (But Should) Visit This Summer

east coast cities

Did you know that New York City boasts an average of 60 million tourists every year?

But while large cities on the east coast are popular, they can also be expensive. Luckily, there is a wide variety of affordable, lesser-known cities on the east coast that are just waiting to be discovered.

If you’re looking for a unique vacation this summer, you can’t go wrong with one of these smaller east coast cities.

Salem, Massachusetts

Just north of the busy city of Boston is the smaller town of Salem, Massachusetts. Of course, Salem is best known for the famous witch trials that took place in colonial days. You can learn more about this stage in American history at the witch trials museum.

The town is right on the water, which makes it a beautiful place to visit in the summer. That said, the fall foliage also makes it an ideal place to visit in autumn. You can also visit haunted attractions in the month of October.

Asheville, North Carolina

If you need to switch things up from the visiting the beach, you can take a trip to the city of Asheville, which is nestled in the mountains of North Carolina. This small town is famous for its arts community. Activities include outdoor music festivals, artisan shops, and locally-sourced farm-to-table restaurants.

While you’re in town, make sure to check out the Biltmore Mansion. This property is the largest privately owned residence in the United States and is open to tours.

Williamsburg, Virginia

If you enjoy the east coast’s rich history, then Williamsburg, Virginia is an ideal place to visit. In Williamsburg, many of the buildings maintain their colonial style of architecture. You can also tour colonial neighborhoods that are still paved with cobblestone and frequented by horse-drawn carriages.

During the day, re-enactors will educate you and your family about the way of life in colonial Williamsburg. In the evening, you can take a walking ghost tour to get more insight into the town’s haunted history.

Portland, Maine

When people think of national parks, they often think of the west side of the country. But while there may not be as many national parks on the east coast, the ones that are there are fantastic.

In Maine, you can appreciate the unique landscape at Acadia National Park. This park is marked by clear skies and blue waves crashing into the craggy, rocky shore.

If you’d like to try something more rustic, you could always go camping in Acadia National Park. Pack some sleeping bags, some Keto frozen meals, and you’ll be good to go!

Not far from Acadia, you’ll find the small coastal town of Portland, Maine. While not as well known as it’s Oregon counterpart, Portland, Maine is a great place to get seafood and explore shops.

Get Ready to Explore East Coast Cities

With a trip to any of these four east coast cities, you’ll be sure to have a fantastic yet affordable summer vacation.

Did we forget to mention your favorite city? Let us know where you love to travel to in the comments!

3 Reasons to Create a Retirement Savings Plan ASAP

Retirement Savings

If you’re like most young people, you haven’t put much thought into retirement savings. In fact, about 12.5% of millennials figure they’ll work until they die.

The problem with that is the unexpected. Old age often comes with physical or mental health problems. Often these problems make it impossible for the individual to work.

When you’re young and healthy, you assume you’ll be that way forever. The sad reality for most people is that they’re not.

Saving for retirement is easier and more effective over the long term. We’ll show you why with these 3 reasons to create your retirement savings plan ASAP.

Compounding Interest

It doesn’t matter whether you plan to put your money into a 401K or one of the many types of IRAs. They all have the same critical component. You put money into them on a regular basis to help them grow.

Let’s say you put $100 a month in an account starting at age 40. Your friend puts $100 a month into an account starting at age 30.

With interest at a steady 8% which one of you will have more at age 60? You will have $59,000. Your friend will have $147,000! He ends up with more than double the money for starting earlier.

Because of compounding interest, time is an important factor in retirement savings. The earlier you start, the less financial burden you’ll feel.

To learn more about compounding interest, play around with this compounding interest calculator. The powerful effects will surprise you.

It’s Easier to Save Money Over Time

Even without compounding interest, saving over a longer period of time is easier. Let’s look at some numbers without factoring in the interest.

If you put $100 a month into an account for 20 years, you’ll end up with $24,000. To end up with the same sum in 30 years you only have to put $66.67 each month.

You end up using less of your cash flow per month and still save the same amount. Then compounding interest comes along and sweetens the deal even more.

Save More With Long-Term Habits

Interest isn’t the only thing that compounds. Expenses do too, more than you may realize.

If you think about your long-term goals now, you can develop long-term habits to reach those goals. Making a budget and sticking to it now can save you loads of money over time.

For example, living in a home that costs a mere $200 less a month will save you $48,000 over 20 years. Cutting out that $100 cable bill saves you another $24,000. You never watch TV anyway so what does it matter?

Take that $300 and put it into an account with 8% interest and you end up with $178,000! You’ll have to cut out a lot more and make more sacrifices to get to $178,000 in less time.

Go to a retirement income planning event such as those hosted by Hal Hammond. That can help you get some perspective on how you should handle retirement savings. The earlier you start, the easier it will be in the long run.

Start a Retirement Savings Plan

To learn more about how to get started check out our ultimate guide to the best investment plan. Do your future self a favor and get started today!