Category Archives: Saving Money

Living Greener on a Budget

Posted on by
1

With Earth Day around the corner, it’s the perfect time to think about ways to reduce our environmental footprint without stretching our wallets. Living a more sustainable lifestyle isn’t just good for the planet, it can also improve your health, foster a sense of community, and help you save money in the long run.

At First Financial, we believe in making smart choices that support your future, financially and environmentally. Here are six affordable ways to start living a little greener.

1. Swap Single Use for Reusable Alternatives

One of the simplest ways to reduce waste is to ditch disposable items in favor of reusable ones. Every day, disposable items add up – both in the landfill and on the wallet. Swap out the disposables for reusable shopping bags, water bottles, coffee mugs, or silicone food storage bags. Reusable products often last much longer and perform better than their single-use counterparts. A little upfront investment can go a long way for the planet and your budget.

2. Rethink Every Purchase

Being mindful of what you buy is one of the most effective ways to live sustainably. Ask yourself:

  • Do I really need this?
  • Will I use it regularly?
  • Could I borrow or buy it secondhand?

By purchasing less and choosing higher-quality, longer-lasting items – you’ll reduce waste and save money in the long run. Opt for goods with minimal packaging, shop locally when you can, and consider checking thrift stores, yard sales, or resale apps before buying something brand new.

3. Make Your Own Cleaning Products

Many store bought cleaners contain harsh chemicals and come with a hefty price tag. Making your own cleaning products is a budget-friendly and eco-conscious alternative. Basic ingredients like white vinegar, baking soda, lemon juice, and essential oils can tackle everything from countertops to windows. For an all-purpose cleaner, try mixing equal parts water and vinegar with a few drops of your favorite essential oil or lemon rinds.

4. Consider Refurbished Electronics

Looking to upgrade your tech? Save money and reduce electronic waste by buying refurbished gadgets. From laptops to smartwatches, refurbished electronics often come with warranties and are restored to like-new condition. Websites like Amazon Renewed can offer great deals without sacrificing quality — plus, you’ll be giving products a second life.

5. Shop Secondhand and Save

Shopping secondhand is not only cost-effective — it’s also great for the environment. When you buy pre-owned clothing, furniture, or home goods, you help keep usable items out of landfills and reduce the demand for new production. Thrift stores, consignment shops, and online platforms like Facebook Marketplace or OfferUp make it easy to find affordable, one-of-a-kind pieces. Bonus: Secondhand shopping is a fun way to uncover hidden gems and fulfill that exciting shopping experience without breaking the bank!

6. Stay on Top of Home Maintenance

Proactive maintenance can extend the life of your home and appliances, reduce energy usage, and help avoid costly emergency repairs. Routine tasks like checking for leaks, cleaning filters, and inspecting insulation — can make your home more efficient. Create a seasonal checklist to keep up with tasks throughout the year. This helps ensure your home runs smoothly and can help you spot issues before they become expensive problems. Don’t forget to build an emergency fund in case of large unexpected expenses, like water heater or roof replacements.

Make Greener Living Part of Your Financial Plan

Living sustainably doesn’t mean spending more — it often means spending smarter. Whether you’re starting with small changes or making larger lifestyle shifts, your choices matter. We’re here to support your journey toward a healthier planet and a stronger financial future. To learn more about managing your money wisely, visit your local branch or subscribe to our First Scoop Blog.

6 Ways to Celebrate Valentine’s Day on a Budget

Posted on by
Reply

Valentine’s Day is about celebrating love — not emptying your wallet. Whether you’re looking to make new traditions, get creative, or simply rethink how you celebrate – there are plenty of ways to make the day special without overspending. Here are six affordable and meaningful ways to show your love this Valentine’s Day.

1. Start a Meaningful Tradition

Instead of opting for the usual romantic dinner out, create a tradition you and your partner can look forward to each year. The key is finding something meaningful and cost-effective. Have a game night with your favorite board games, visit a museum together, or spend the day volunteering for a cause you both care about. Traditions you both look forward to create lasting memories without the price tag.

2. Give the Gift of Time

A thoughtful gesture often means more than any store bought present. Instead of chocolate or flowers, take something off your partner’s to-do list. Has your significant other been stressing over a task they keep putting off? Surprise them by getting it done. Whether it’s cleaning the house, tackling a home project they’ve been asking for, or taking over dinner duty, these small acts of love can make a big impact — and best of all, they don’t cost a thing.

3. Boost Your Savings Together

Rather than spending money on gifts that won’t last, consider putting that money into a savings account for something meaningful. Whether you’re dreaming of a vacation, a new home, or another major milestone, redirecting your Valentine’s Day spending into a shared savings goal can be a powerful way to invest in your future together. It’s a lasting way to celebrate love while staying financially smart.

4. Make Your Date a Gift

Turn your date into something memorable and useful. Sign up for a pottery class and make something your partner will actually use — a mug for their morning coffee, a dish for their jewelry, or a keepsake that holds sentimental value. Not only do you get to enjoy quality time together, but you’ll also leave with a personalized gift that lasts longer than roses or candy.

5. Redeem Your Credit Card Rewards

If you have unused credit card rewards, now is the perfect time to cash them in. Many people accumulate rewards but forget to use them. Whether it’s for dining, experiences, or gifts – using your points now ensures you’re getting the most value and not allowing those rewards to expire. Holding onto your rewards might seem like a good idea, but their value will remain the same while the cost of goods and services will continue to rise. Spending your rewards sooner rather than later ensures you maximize their benefit.

6. Skip It or Take a Rain Check

One of the easiest ways to save money? Agree to skip Valentine’s Day altogether. But before making that decision, talk with your partner to ensure you’re on the same page. If Valentine’s Day isn’t important to either of you, why not focus on celebrating your anniversary instead? Love should be celebrated every day, not just once a year.

If skipping isn’t an option, consider postponing the celebration. February 15th — when Valentine’s Day chocolate and gifts go on sale, might be the perfect day to celebrate. Delaying the holiday just one day can save you money while still keeping the romance alive.

Celebrate Love Without Overspending

Valentine’s Day doesn’t have to come with a hefty price tag. With a little creativity and planning, you can make the day just as special without going over budget. Whether you start a new tradition, invest in your future, or simply spend quality time together – these budget-friendly ideas will help you celebrate love in a more meaningful way.

For more financial tips and money-saving strategies, call us at 732.312.1500 or visit a branch today. Don’t forget to subscribe to our First Scoop Blog for more insights to keep your finances on track year-round!

Money Saving Tips You Can Actually Follow This Fall

Posted on by
Reply

As the crisp fall air rolls in and the days grow shorter, it’s the perfect time to refocus on your finances and find new ways to save. Fall brings a natural opportunity to cut back on certain expenses, prepare for the holidays, and reset after the summer. Here are six money-saving tips to help you make the most of your autumn without overspending.

1. Turn Off Your Heat and Air Conditioning

Fall offers a sweet spot in terms of weather — usually neither too hot nor too cold. Take advantage of this mild season by reducing your heating and cooling expenses. Turn off the air conditioning and enjoy cool nights by opening your windows. When temperatures start to dip, seal up any drafty windows and doors to avoid heat escaping from your home. Instead of cranking up the heat, bundle up in cozy sweaters and blankets. Small changes to your energy habits can lead to noticeable savings on your utility bills.

2. Pick Up a Fall Side Gig or Craft

With the holidays approaching, fall is the ideal time to dive into a creative side gig. People are often looking for unique, handmade items and autumn crafts. Fun items like custom-painted ornaments, knitted scarves, or homemade baked goods are in high demand this time of year. If you enjoy cooking, baking, or crafting – consider turning your hobby into extra income. Not only will you make some extra cash, but you might also discover a seasonal passion that carries over into the winter months. You never know, what starts as a fun side project could become a booming business!

3. Get Crafty with Your Fall Decor

Instead of buying expensive seasonal decorations from retail stores, consider DIY alternatives. Craft stores and dollar stores offer plenty of inexpensive items that can be transformed into beautiful fall decorations. Create centerpieces with candles, pine cones and gourds, or make a fall wreath with supplies from the dollar store. This approach is not only budget-friendly, but also gives you a chance to get creative. Plus, DIY decorating can be a fun family activity, helping you save on both home decor and entertainment as the cooler weather sets in.

4. Start a School Carpool

If you’re spending too much time (and gas money) in the drop-off lane at your child’s school, consider organizing a carpool. Teaming up with other friends and neighbors to share driving responsibilities can save you money on fuel and free up time in your day. Even a small change from five pick-ups and drop-offs per week to just three – can make a difference in your gas spending.

5. Review Your Subscriptions

Fall is a great time to re-assess the subscriptions you signed up for during the summer months. As life gets busier with school, work, and holiday preparations – some of these services may no longer be necessary as your time is more limited. Look through your bank statements and cancel any subscriptions that you’re not using — whether it’s a streaming service, gaming or book membership, or an automatic refill subscription for a product you no longer need. These recurring fees can quickly add up, and canceling unnecessary subscriptions can help you trim your budget.

6. Make Meals in Bulk

As the weather cools, it’s time to bring out your slow cooker or crockpot. Cooking large batches of meals like soups, stews, chili, or casseroles not only saves time, but can also be a major money-saver. Preparing meals in bulk allows you to buy ingredients in larger quantities (which is often cheaper) and avoids the temptation of ordering takeout on busy evenings. Freeze the leftovers to stretch your grocery budget further and enjoy quick, hearty meals throughout the week without extra cooking time.

Make the Most of Your Fall Finances

First Financial is here to ensure your finances are in good standing this fall. For more personalized financial advice or assistance with budgeting, call 732.312.1500 or visit a branch today to learn more about how we can help support you in your financial goals. Be sure to subscribe to the First Scoop blog for additional money-saving tips and financial insights throughout the year.

6 Tips to Save Money While Owning a Pet

Posted on by
Reply

Owning a pet can bring immense joy, but it can also come with heavy financial responsibilities. According to the American Society for the Prevention of Cruelty to Animals (ASPCA), the first year of dog ownership costs around $3,221, with an average annual expense of $1,391 every year after. Cat owners can expect to spend about $1,904 in the first year and $1,149 each year after. These costs can increase quickly, especially when unexpected medical expenses arise. However, with thoughtful planning – you can provide excellent care for your pet while staying within your budget. Here are six tips to help you save money on pet care.

1. Adopt, Don’t Shop

If you’re looking to add a pet to your family, consider adopting from a shelter as a cost-effective and compassionate option. Adopting a pet gives a homeless animal a loving home while also saving you money. Adoption fees are typically much lower than costs from a breeder, and many adopted pets come fully vaccinated and spayed or neutered, greatly reducing your initial costs.

2. Choose the Right Veterinarian

Finding the right veterinarian is crucial for your budget and your pet’s health. Take the time to research and compare costs from different vets in your area. Ask about the price of routine checkups, vaccinations, and emergency services. Don’t hesitate to ask for recommendations from other pet owners and switch vets if you find a more affordable or suitable option. A good vet will prioritize your pet’s health while offering fair prices.

3. Invest in Preventative Care

Preventative care is key to avoiding costly medical issues down the road. It may sound counterintuitive, but spending money upfront can prevent excessive costs in the future. Scheduling regular checkups, vaccinations, and dental cleanings can help prevent more serious health problems that could lead to expensive treatments and emergency visits at a premium cost. Some veterinarians offer wellness plans that cover routine care for a monthly fee, which can help you budget for these expenses. Alternatively, look for low-cost clinics in your area that provide discounted services through veterinary schools or non-profit organizations.

4. Shop Smart for Pet Medications

Just like human medications, the price of pet prescriptions can vary widely depending on where you purchase them. Before buying, compare prices from different sources including your vet, local pet stores, and online retailers like 1-800-PetMeds, PetCareRx, and Chewy. You may also find good deals at Costco or on Amazon. Remember to ask your vet if there’s a generic version of the medication that could save you money.

5. Buy Quality Pet Food

Similar to preventative care, investing in high-quality pet food can save you money in the long run. A nutritious diet leads to better health, reducing the likelihood of expensive vet visits. Look for food subscriptions from online retailers like Chewy, where you can often save by setting up automatic deliveries. Prioritize your pet’s health with a balanced diet and regular exercise to avoid preventable health issues.

6. Get Creative with Pet Toys

You don’t need to spend a fortune on pet toys to keep your furry friends entertained. Pets are often just as happy playing with simple items like cardboard boxes or other safe household objects as they are with store bought toys. If you want to buy new toys on special occasions, consider shopping at discount stores or wholesale clubs, where you can find quality toys at a lower cost.

Navigate Pet Ownership & Budgeting with First Financial

Caring for a pet doesn’t have to break the bank. By adopting smart strategies, you can enjoy pet companionship without straining your budget. For more personalized financial advice and tips on saving money and managing your budget, call us at 732.312.1500, visit a branch, or explore our services online. Don’t forget to subscribe to our First Scoop blog for more valuable insights on saving money and achieving your financial goals.

6 Ways to Save Money on Back-to-School Shopping

Posted on by
Reply

The back-to-school season arrives quickly each year, often catching parents and their budgets off guard. Preparing for back-to-school shopping can also be a challenge in the current economic climate. The National Retail Federation predicts that in 2024, parents will spend an average of $875 on back-to-school shopping for younger students and around $1,365 for college students. These significant costs emphasize the need for careful planning and smart shopping strategies to ease the financial burden of this season.

To help you prepare without overspending, here are six tips to make back-to-school shopping more budget-friendly.

1. Assess What You Already Have

Begin by taking a comprehensive inventory of what you already own. Check last year’s supplies and clothing to see what can be reused. Thoroughly search desks, drawers, and closets for items that can be repurposed or that don’t need replacing (notebooks, pens, pencils, etc.). By identifying what you already have, you can avoid duplicate purchases and buy only what is necessary. Additionally, go through your child’s wardrobe to determine which clothes and shoes still fit, reducing the need for a full wardrobe replacement.

2. Set a Realistic Budget

Establishing a clear budget before you start shopping is crucial. Review your child’s school supply list and set a spending limit that covers all the essential items. To avoid overspending, base your budget on regular prices rather than sales, giving yourself a buffer for unexpected expenses. If the projected total exceeds your budget, prioritize essential items and seek alternative options for items that may not be as crucial.

3. Conduct Thorough Research

Maximize savings by comparing prices across different retailers and planning your shopping around sales events. Keep an eye out for student discounts offered by many retailers, which can provide significant savings on tech, clothing, and supplies. Additionally, explore and take advantage of online only deals and subscribe to retailers’ newsletters for exclusive discounts and promotions. Sift through your emails for coupons you may have missed – we’ve all signed up for store emails that we’ve forgotten about, and you may just have additional discounts in the palm of your hand.

4. Explore Alternative Shopping Options

While popular retailers like Amazon, Target, and Walmart are convenient, consider alternative options such as dollar stores, discount outlets, and wholesale clubs. These stores often offer substantial savings on school supplies without sacrificing quality. Wholesale clubs can be especially advantageous for large families. Bulk shopping doesn’t make sense for your family? Ask other parents if they’d be interested in splitting the cost of bulk purchases among a larger group.

5. Opt for Refurbished or Gently Used Items

Save money on electronics by purchasing certified refurbished models from reputable sellers. These products often function just as well as new ones, but come at a fraction of the price. Additionally, explore thrift stores for gently used clothing, backpacks, sports equipment, and other supplies. This can be a cost-effective way to provide your child with stylish outfits and necessary items while staying under budget.

6. Plan for Future Needs

Consider planning for next year’s needs during current sales. Anticipate items your child will need and purchase them during off-season sales or special promotions. For example, remember to take advantage of Memorial Day and 4th of July sales for clothing or tech items you know your child will need next year. This proactive approach can spread expenses and reduce financial stress in the future.

First Financial is Here for You

Navigate back-to-school season with confidence and ease the financial burden by implementing these strategies. First Financial is here to help you make informed purchasing decisions and ensure a stress-free start to the new school year.

For personalized financial advice, call 732.312.1500, visit a branch, or explore our services online. Don’t forget to subscribe to our First Scoop blog for more valuable insights and money-saving tips.

Save Money on Your Water Bill and Other Utilities This Summer

Posted on by
Reply

Summer brings longer days, warmer weather, and often higher utility bills. With the increased use of water, air conditioning, and overall energy consumption – managing these costs is crucial. First Financial is dedicated to helping you enjoy a cost-effective and comfortable summer. Here are some practical tips to save on your water bill and other utilities this season.

Understanding Summer Utility Costs

Summer utility bills can spike due to increased water usage for gardening, lawn upkeep, washing cars, outdoor activities, frequent showers, and more. Similarly, electric bills rise with the use of air conditioning. By making a few adjustments, you can keep these expenses in check.

Water Saving Tips

  1. Check for Leaks Regularly: Even a small leak can waste significant amounts of water. Regularly check your faucets, toilets, and hoses for leaks and repair them promptly.
  2. Water Wisely: Water your lawn early in the morning or late in the evening to reduce evaporation. Consider using a soaker hose or drip irrigation system, which delivers water directly to the roots, minimizing waste.
  3. Install Water Efficient Fixtures: When it’s time to replace old, inefficient fixtures – opt for water saving alternatives. Low flow toilets, aerated faucets, and high efficiency showerheads can reduce water usage without sacrificing performance. Look for fixtures with the WaterSense label, indicating they meet EPA water efficiency standards.
  4. Use Mulch: Mulching around plants retains moisture, reduces the need for frequent watering, and helps maintain soil temperature.
  5. Don’t Pre-rinse: Instead of pre-rinsing your dishes before putting them in the dishwasher, scrape or wipe them into the trash. Modern dishwashers are designed to handle dirty dishes without the need for excessive water use. Ensure your dishwasher is fully loaded before running it to maximize efficiency. The same goes for your summer laundry – there isn’t really a need to pre-soak your clothing before a regular washing machine cycle.

Energy Saving Tips

  1. Optimize Air Conditioning:
  • Use a Programmable Thermostat: These devices can automatically adjust the temperature based on your schedule, reducing energy use when you’re not home.
  • Clean and Replace Filters: Dirty filters reduce efficiency. Regularly clean or replace them to keep your system running smoothly.
  1. Use Fans:
  • Ceiling Fans: Run ceiling fans counterclockwise to create a cooling breeze, which can make you feel cooler without lowering the thermostat.
  • Portable Fans: Place portable fans strategically to enhance airflow and reduce the need for air conditioning.
  1. Block the Heat:
  • Close Blinds and Curtains: During the hottest parts of the day, close blinds and curtains to block out the sun’s heat.

Long-Term Solutions

  1. Upgrade to Energy Efficient Appliances: Consider replacing old appliances with energy efficient models, which use less water and electricity.
  2. Improve Home Insulation: Proper insulation keeps your home cooler in the summer and warmer in the winter, reducing the need for heating and cooling.
  3. Install Solar Panels: While it is an upfront investment, solar panels can significantly reduce your energy bills and even allow you to sell excess power back to the grid.

Financial Assistance for Utilities

Many states including New Jersey, offer programs to help lower income households with utility costs. Check with local government or your utility provider for available assistance programs.

By implementing these summer utility savings tips, you can enjoy a comfortable and budget-friendly season. Remember, small changes can lead to significant savings.

For more personalized assistance and tailored solutions call 732.312.1500, visit a branch, or explore our services online.