online-shoppingWhen you shop online, do you pay full price? As I was thinking back to all of the recent online purchases I have made, I don’t think I have once paid the asking price that I found online. How did I get the item I wanted for less money? Simple: I took a few minutes to save some money. More specifically, I used promo codes I found online.

Where To Find Coupon Codes

There are many coupon code sites out there, some better than others. One great on is VoucherBin. There are great for two reasons:

  • First, most sites list a coupon code that you have to copy and paste in the right section during the checkout process. With VoucherBin, all you do is click on the box and you will be taken to the retailer and have the coupon code applied for you! How awesome is that?
  • Second, you can sign up for new codes to be emailed to you. So, no more searching when you want to buy something. You can have the coupons delivered right to your inbox.

How Much Can I Really Save?

It all depends on the retailer. I’ve seen deals from 5% off all the way up to 75% off. I’ve also seen offers for free shipping as well. In all, there are over 12,000 retailers on the site listing discounts. That is just crazy!

Why I Use Online Coupon Codes

So why do I use these codes? Obviously, I use them to save money. I’ve said before that I don’t want to work until I am 65. I want to retire early and do the things I love to do. In order to do that, I need to keep my spending in check and invest. Using coupon codes allows for the first part of this process to happen – keep my spending in check. The fact that it only takes a few minutes to find and apply a code makes it a “no-brainer” to me.

Final Thots

Overall, if you are paying full price for anything you find online, you are throwing money away. Even if you can’t find a 20% off coupon, you can still find a way to get free shipping. That is still a win in my book. So learn from me, take 5 minutes to scout out online coupon codes and save some of your hard earned money!

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insurance and your college studentWhen I went off to college, my focus was on what I needed to bring with me. I was going to college over 500 miles away so it was important to not forget anything. But for my parents, they had other concerns: how would they know I was protected, insurance-wise, while at college? Below are things to know about insurance and your college student.

Car Insurance

We all know how much car insurance rises when your teenage child starts driving. The good news is that if your college student doesn’t take a car to college, you will see substantial savings to your insurance premium.

Typically, college has to be at least 100 miles away from your home to see the savings. On average, you can expect to see a 40% reduction. Even better, since they stay on your policy, they can drive the car when home on breaks and still be covered.

Of course, this only applies to you if your child doesn’t take a car to college. If they do, there are other factors, including where the college is located, that will determine what their insurance premium is.

Health Insurance

With the passage of The Affordable Care Act, your college student can stay on your insurance until they are 26 years of age. But, this doesn’t mean there isn’t anything to worry about. Depending on where college is located, you need to determine if there are any in-network providers. Because of this, it is important to know what is covered and what is not covered by the out-of-network providers. In some cases, it might make sense to look into a basic student health policy so that they are covered should they need medical care.

Renters Insurance

Your homeowners insurance will cover your college student’s belongings while out at school assuming they live on campus. Just make sure to talk with your insurance provider to make certain that there are no exceptions or changes to the policy coverage’s for your college student.

In the event your college child lives off campus, you are going to need to buy a renter’s insurance policy. Before you worry about covering the cost, understand that for a policy that will cover all of your child’s belongings, you can expect to pay around $125 a year.

Final Thots

Making sure you know how your health, car and renter’s insurance policies apply to your college student is a smart financial move to make. You don’t want to run into a situation where something happens only to find out you aren’t covered. Those smart with money and successful with their finances are proactive and know what coverage’s they have and how they work. Take the time to understand how your insurance works for your college student and you will be able to rest easier and know you are being smart with your finances.