This post is sponsored by Sears MasterCard, but all opinions are 100% my own.
As you all know, I am working on redecorating my home.Β I recently finished up myΒ living room,Β master bedroomΒ and my office (coming to the blog soon),Β and now I am working on the dining room and kitchen.Β I think the kitchen will make the biggest difference once updated, but it will also be the most expensive to renovate! Β I saved the best for last I guess.Β = )Β This past weekend I took a trip to Sears to start looking at all the large items I was thinking about purchasing like a new refrigerator, washer and dryer, dishwasher, microwave and stove.Β Most all of these in my house are white (or off-white!), and itβs time for a facelift!Β Β Since Iβve been working on saving up for these large purchases, I thought I would share my top 5 ways on how to save money on these purchases with you all today.Β They have definitely been a huge help with me saving up to renovate!Β
1.)Β Make a budget.Β This is definitely rule number one!Β To save money, you need to set certain dollar amounts or percentages of your paycheck that be used for certain things.Β And then stay within these budgets.Β This will help you to see how much extra moneyΒ you can spare each month toΒ save up for large purchases.Β Β Just for reference,Β myΒ budget categories are:Β food, clothing, savings, housing, transportation, utilities, health, charity, insurance, recreation, personal and bills.Β
2.)Β Know where your money is going.Β If you donβt know what youβre spending your money on, you wonβt know where you can cut back to save more.Β I personally prefer spending onΒ creditΒ because I can easily view and track all my purchases online.Β This way, I can easily see into which categories in my budget all my purchases are falling.Β
3.)Β Take advantage of automatic deposit into savings.Β Most companies nowadays can do direct deposit into multiple checking and savings accounts.Β At my company, I can elect for a certain dollar amount or percentage of my paycheck to be deposited into checking or savings.Β If you can swing it, I recommend putting at least 20% of your paycheck into savings each month, but if youβre trying to make a large purchase, you may want to increase that for as many months as you can.Β
4.)Β Make a list of all the large items you want to purchase and their prices.Β Β KnowingΒ exactly what you need and how much it all cost will help you set your goal and reach it.Β It will also help you from going crazy when you walk into the store and literally want to buy everything!Β
5.)Β Pick a credit card that rewards you for your spending.Β When youβre going to make big purchases, I 100% recommend buying it on credit so you can get rewards points.Β My bank wonβt reward me for these purchases, but my credit card will.Β I have theΒ Sears Mastercard from Citibank, and I especially like using it for large purchases or emergencies.Β TheΒ Sears MastercardΒ is now enhanced with Shop Your Way points that allows you to earn points on all the purchases you make every day, even when youβre not shopping at Sears.Β You can earn 5% back in points on eligible purchases made at gas stations.Β 3% back in points on eligible purchases at grocery stores and restaurants.Β 2% back in points on eligible purchases made at Sears and Kmart.Β And 1% back in points on all other eligible purchases.Β
Shop Your Way points can be redeemed on purchases ranging from everyday household consumables to larger items such as kitchen appliances sold by Sears and Kmart in store or online and on ShopYourWay.com.Β Β And one of the best things about theΒ Sears MasterCard with Shop Your WayΒ is that these rewards points can also be used in combination with in-store promotions at Sears and Kmart, so youβre piling on the savings even more!Β Have you applied for theΒ Sears MastercardΒ yet?Β How do you save money for large purchases?Β What big purchases are on your list right now?
These are really great tips!
Such great tips! And that refrigerator looks awesome!
These are such great tips!! Also, your peep toe booties are amazing!!
xx, Elise
http://www.sparkleandslippers.blogspot.com
My boyfriend and I are in the process of buying our first home, so this post comes in handy!
Redoing your home can be so stressful, but it seems like this helps so much!! We just got a new fridge and I am amazed at how many tech things they have now!
Maggie
http://www.polishedclosets.com
Awesome ideas π
Such great ideas! Those big purchases are always a little stressful
Xo, Lauren from http://www.aloprofile.com/
We're renovating our home, too, and we're saving the kitchen for last because that is going to be the biggest $$$ suck, so I feel your pain! We'll definitely check out Sears! And let's talk about your hair = amazing and those booties are fabulous!
xo, Sara
We are migrating to a new payroll/hr system at work…like the one we have now is from 1978!! And the feature I'm most excited about is being able to automatically send money to savings!!
What great tips! Love that fridge you can draw on! Sears is def my go to for appliances!
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XβOXOβ
Sarah Lindner
http://www.thehouseofsequins.com
oh how fun, Sears is great for appliances!
xx,
Stesha
Great tips- Sears is awesome for appliances!
thank you for the tips!
xo Emily
http://www.thehipsuburban.com
Great tips – thank you for sharing!
xo Emily
http://www.thehipsuburban.com
These are all such great tips!
xo
Sami
The Classic Brunette