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الاثنين، 11 يناير 2016

Mastering Content Marketing: 7 Required Principles for Success

If you’re not thrilled with the results you’re getting from content marketing, you might be missing a piece of the puzzle.

As long as you’re doing some of the key aspects of content marketing right, you’ll get some good results.

However, you’ll also get some bad ones, and overall that will lead to slow growth and minimal success.

This is very common.

And that’s because marketers rely too much on tactics.

You probably know a few good tactics to create content for your readers and promote it.

But you’ve also probably noticed that when you use the same tactics over and over again, many stop working or work only some of the time.

In fact, that’s the whole point of tactics in the first place: a specific approach to a specific situation.

And you won’t be in the same situation all that often.

Despite the fact that most marketers read the same blog posts about tactics and strategies, only 30% of them find content marketing effective. 

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Many marketers understand what to do—but not why they should do it.

And this seems like a small thing, but in reality, it’s crucial.

If you don’t understand why you should use a particular tactic, you won’t know when to use it. This means you’re playing a guessing game, and the results will be all over the place.

I want to clear up as much of this as possible in this post.

We’re going to look at the 7 most important principles of content marketing and how you should apply them.

Once you understand how these principles affect your overall content strategy, you should be able to get a better grip on when you need to use specific tactics.

Principle #1: All effective content provides this…

This is something that every single marketer needs to understand.

Content marketing is based on providing value to your target audience.

No matter which type of content you create, every decision you make about it should be to maximize the value for the reader.

Notice that I said “value for the reader.”

One of the most common mistakes is defining value based on your own preferences and opinions.

But your readers don’t necessarily find the same things valuable or interesting as you do.

It’s important that you remember that value is always defined by your audience.

If you’re not seeing any traction with your content, there’s a disconnect. Traffic growth, shares, positive comments, emails, etc. are all signs that you are delivering value to your readers.

In general, the more value you give, the more you get in return.

Signs of high value content: I can’t tell you exactly what your specific audience values. You’ll have to determine that yourself, if you haven’t already.

However, I can point you towards four characteristics of high value content. These aspects remain true in almost any niche:

  1. It’s actionable – Your audience comes away from the content knowing how to implement something you covered. This is why you often see me break things down into step-by-step procedures.

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2. New stuff - There is some value in repeating your message on certain topics because not all readers understand it or implement it the first time. However, every piece of content should have at least one or two new key facts, findings, tactics, etc. Most audiences put a high value on learning new things.

3. Impressive design/Highly readable - You should make all blog content highly readable. Pick a large font, minimize distractions, format it clearly, and include lots of images. When you’re creating content for other websites, do the best you can (even if their layout isn’t great).

4. Backed up with data and sources - Most audiences need to be convinced that your way is the best way. In order to do that, you need to cite research and experts.

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Examples of high value content: One of the toughest parts of becoming a great content creator is distinguishing what is and isn’t high value content.

After all, content comes in many forms.

The best way to learn about it is to see it.

You’ll be able to tell whether you are looking at good content by the high number of social shares and comments it has.

Some high value content, like Seth Godin’s, is very short:

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His readers value being challenged into growing as people and marketers.

My content, on the other hand, is extremely long, yet it gets about the same number of shares as Seth’s.

You should also look at other forms of content.

For example, “MinutePhysics” is an extremely popular YouTube channel. Their audience loves the short videos that break down complex topics in simple ways (with attractive drawings):

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That audience doesn’t want to know every single detail (which would take days or weeks to learn); they just want to learn something neat in a minute or two.

Or maybe you’re considering repurposing content as slideshows. You should take a look at the top slideshows on Slideshare in order to see what those audiences appreciate:

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For the most part, they want high quality images with easy to read text that breaks down large topics into digestible bites.

You’ll also notice that high value content in your niche may not seem that impressive compared to other niches. If you find a situation like this, it will be easy to get traction if you just implement this one principle.

The easiest ways to improve the value of your content: Chances are you’re already creating content but might not be getting the results you crave.

There are three simple changes you can make to improve the quality of your content.

The first, and most important, is to cut down on quantity.

There’s no point in posting a ton until you’re sure that you can produce content that your audience considers high value.

It’s better to create less content of high quality than more content of lesser quality, so spend more time and resources making your content as good as possible.

You can always scale up later.

The second thing you can do is bring in other experts to help you create better content.

You’ll notice that most of the advanced guides on Quick Sprout were written with the help of an expert in that topic:

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This helped me create more complete content in areas where I’m not as experienced as I would like to be, which made the content more valuable.

Yes, this will cost you money, but it’s often a good investment.

Finally, if you’re not very good at a particular part of content creation, like design, editing, formatting, etc., bring in an expert freelancer.

In the past, I’ve published a lot of infographics. I could create an okay one, but instead, I found an amazing designer who created infographics my audience loved.

Principle #2: It has personality

Content marketing is all about providing value in order to establish a relationship and trust with the audience.

But value alone isn’t enough in most cases.

If you’re going to create the next Wikipedia, then it’s fine to have purely objective content.

But if you’re blogging, it just doesn’t work.

That doesn’t mean you have to be incredibly biased when you create content, but you should always take a stance on a topic.

And then you explain why you think that something is either good or bad for the reader.

You’ll be wrong sometimes, and that’s okay. But the majority of your readers want to know that behind the content they’re consuming, there’s an actual person who cares about them and the topic, and not just someone who is simply copying and pasting from Wikipedia.

How personality shines through in content: Your personality and opinions show up in your content based on the language you use and the way you write.

Ideally, you should sound the same as you would if you were having a conversation in real life.

For example, Brian Dean is one of the bloggers I know who often says “I’m PUMPED” in his content in various situations:

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I think it works really well because anyone who’s ever heard Brian speak could easily picture him saying this in real life.

Compare these two tweets:

  • “I’m PUMPED to be speaking at #LAC2014.”
  • “I’ll be speaking at #LAC2014; I’m excited.”

Real people typically focus on their feelings first, which is why the second tweet would sound pretty robotic.

In real life, most people would at least say, “I’m so excited for this opportunity!”

While being concise is important in content creation, don’t shorten content at the expense of emotion. Emotional connections build relationships.

Be authentic: The crucial takeaway is to create content that reflects who you are. If another blogger started using the “I’m PUMPED” expression, it might not work for them.

It’s very difficult to create a likable persona from scratch.

It’s much easier to create content based on the likable traits that you already have.

What if you’re not that likable? It’s a common and perfectly reasonable concern.

Very few people are liked by everyone. But here’s the good news: very few people are not liked by everyone.

There are extremely popular writers who use offensive language, i.e., swear words, in their content on a regular basis:

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It’s just who they are.

And guess what? It does turn some readers off their content.

However, this is more than made up for by those readers who love them. That’s because they also don’t believe in censoring themselves in real life or online.

Don’t worry about pleasing everyone. Be authentic, and you will build strong relationships with a small group of readers who will be crucial in your long-term success.

How to be more genuine in your content: At first, being authentic is very difficult.

One technique that I recommend to help you with this is to create your content and then record yourself reading it out loud.

Most phones have a built-in recorder. Otherwise, find an app, or use a free online recorder if you have a microphone.

When you listen to the recording, you’ll notice that you speak in a certain way and even insert words to make your speech more natural.

Add these other words (when they make sense), and add punctuation and formatting such as commas, bold type, italics, and capital letters to add emphasis or change the way the audience reads your content.

Principle #3: It convinces the reader that your viewpoint is correct

I touched on it quickly when I explained the first principle. Being persuasive not only adds value to your content but also serves as an important part of effective content marketing.

If you’re not persuasive, how are you going to get readers to come back to you over and over again and trust you?

By the way, being persuasive means that you back up your opinions and claims with credible sources—and not try to manipulate your readers in some way.

If you write an article saying that bicycling is the best form of exercise, all readers will leave if your whole argument is “I rode a bicycle once and got really tired.”

That’s an extremely bad example, but it illustrates the point.

To make your content convincing, you need:

  • a clear stance on a topic
  • research that backs it up or
  • experts who back it up

Examples of convincing content: Backing up your content with credible resources and research isn’t particularly difficult, but it can take a lot of time.

It’s a matter of how much effort you’re willing to put into your content.

But it makes a huge difference even if it’s difficult to see the results right away.

I try to back up all my claims with data when possible. You will often see me link to studies and analysis reports in Quick Sprout posts:

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Another completely valid and convincing way to support your viewpoint is by quoting experts or even getting them to contribute unique content:

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When possible, I’d rather cite a study.

However, some topics are purely opinion based. How are you going to statistically identify the best SEO tool? It can’t be done.

To take your content even further, provide examples of reputable people and brands using the techniques and strategies you mention in your content.

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Readers see that successful people and brands practice what you’re saying, and that adds a lot of credibility to your points.

How to persuade readers with your content: This is simple but very easy to mess up if you do things in the wrong order.

You want to research your topic first, find supporting data, and then create content.

The worst thing you can do is to simply write a huge post about a new topic and then find out that there’s no credible data to support your viewpoint.

This is less of a risk if you have a lot of content creation experience in your niche, but it’s still good to plan ahead.

First of all, find your statistics, and add them to your content outline.

For most topics, you can Google “(topic)+statistics”:

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Then, spend 5-10 minutes looking through the results, and pick out any that help strengthen your main view on the topic.

Next, read what thought leaders in the niche have written about similar topics.

You can either read the first page of Google results when you search for your exact topic, or you could search for something like:

(keyword)+thought leader

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Alternatively, you can email a particular expert and ask them to answer a specific question. Then, feature the answer in your content.

This alternative takes more time but can get you unique content, and the influencer will likely help you promote the content.

Finally, whenever you’re finished explaining a concept, get in the habit of writing the phrase “For example…”

Add examples whenever possible to clarify things for your audience. I’ve already used that exact phrase three times in this post (you can use others, of course).

Principle #4: Content needs to deliver on its promises

Trust.

It’s why people will continue to return to you instead of any other blogger in your niche.

It’s also why when you sell a product, your audience will know that it’s a legitimate offer that will add even more value to their lives.

Just like in real life, you have to earn trust.

You need to deliver great content over and over again.

However, trust is also really easy to lose.

If you don’t deliver on a promise, you lose that trust. If your audience ever feels tricked, you lose that trust.

And it’s very difficult to win it back.

Making promises in your content: All content creators make promises to their readers in multiple ways.

The most obvious and common one is in a headline.

Your headline often claims a benefit. For example:

Do (this) and you’ll earn $1,000 per month

That’s a promise. You’re saying that the reader can find a high quality answer in your content that will allow them to get that result.

But if within your post, you offer the “get a job and work an extra 50 hours a month” solution to your headline promise, most readers will feel tricked.

Lofty headline claims help you get more clicks and traffic—that’s why we make them.

Just be aware that you need to deliver on your headline.

I’ve created content such as “The Complete Guide to Building Your Blog Audience”:

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That’s a big claim.

A complete guide needs to cover everything and do it in a way that’s useful:

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If you check out that guide, you’ll notice that not only is it custom designed but it’s also in-depth.

I feel like I’ve delivered on my initial promise in the headline, and judging by the number of links to its main page, I think my audience agrees:

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If you ever want to see a site that doesn’t really care about building trust with its audience, check out BuzzFeed.

It routinely uses “clickbait headlines” to attract extra clicks and shares:

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Often, it’s about something small that will change your life.

Spoiler: it probably won’t change your life.

And it’s for this reason that BuzzFeed can’t sell products to its audience effectively. The vast majority of the audience doesn’t trust it.

Instead, it generates revenue through advertising, which is one of the least effective types of monetization.

You need to remember this principle for all your content. If you’re telling your subscribers about a product you’re selling, you need to make sure that the product is every bit as amazing as you say it is.

Trust is the most valuable resource you have. Don’t throw it away.

Principle #5: Content is not a one-off occurrence

All great content marketers know one thing:

To be successful with content marketing, you need to be consistent.

It is extremely rare for one piece of content to be enough to generate leads on a regular basis.

The only types of content that can do that are mammoth pieces of content such as full-blown novels and films.

And those are risky.

It pays off for some, but most never see a significant return on their investment.

Online content is a bit different. We don’t typically release huge pieces of content like novels.

Instead, we focus on smaller, focused pieces of content.

The most important thing to realize is that what’s a “big” piece of content to you might not actually be that big.

My posts are typically over 4,000 words long, and they really aren’t “big.”

That’s why it’s a bit silly when bloggers complain that they’re not growing fast when all they’re doing is posting one or two 500-word articles a week.

It seems like a lot because they might not be used to it, but it’s really not.

At least not immediately…

But if they stayed consistent for a few years, they’d amass 200-300 posts that would probably drive a fair amount of reliable traffic.

It’s too bad most bloggers give up before then.

Examples of consistency: Consistently giving value to your audience is how you build a relationship and trust.

There are no shortcuts; it takes time.

I’ve been blogging on Quick Sprout since 2007. I didn’t get hundreds of shares on each piece of content overnight.

If you look in the archives, you’ll see I’ve been posting three times a week for a long time.

I publish a new post every Monday, Wednesday, and Friday:

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Another great example of consistency is James Clear. He’s a writer who has grown an audience from zero to 200,000 subscribers in just three years.

He did it by posting an article on his site every Monday and Thursday during those three years:

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Are you willing to make that sort of commitment? That’s what effective content marketing requires.

How to stay consistent and avoid burnout: On top of correctly setting your expectations, there are four things you can do to increase your chances of being able to maintain consistency.

The first, and most important, thing you need to do is create a content schedule.

Plan your content ahead of time so there’s no chance of something coming up and preventing you from posting. As soon as you skip posting once or twice, it becomes easier to forget about it.

It doesn’t need to be complicated. You can even set up a simple schedule using a spreadsheet:

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Any type of calendar schedule will work. If you’ve never used any before, consider Google Calendar, which is simple to get started with:

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The second thing you need to do is produce a reasonable amount of content.

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You may not have the time or experience to post three times a week like I do.

That’s okay.

You might grow a bit slower, but you’ll still grow as long as you’re consistent.

Start on the low side, and then up your frequency when you feel you can. It’s always better to scale up than down.

Thirdly, you need to make content a priority.

Have enough time carved out specifically for content creation so that even if there’s an emergency somewhere else in the business, you still create the content you need.

Every single piece of content is important even if you can’t see the growth on a post-by-post basis.

Finally, write about topics you care about. That’s the easiest way to stay motivated.

There’s no way I could have written about marketing for over eight years if I didn’t love it.

Principle #6: It outshines everything else out there

The specific content needed for effectiveness will always be changing.

Years ago, you could post basic 500-word articles and still get decent results.

Now, you won’t even get a second look.

For content marketing to work, your content needs to be much better than the competition’s. That’s the only way you stand out, and it’s one of the main reasons why a reader would follow you over someone else.

Examples of next level content: People have written on just about every topic.

When you search for a main keyword, you can see most of the best content around it (Google doesn’t always rank newer content right away).

For example, I could look at the competition for this post by searching for:

Principles of Effective Content Marketing

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My next step would be to take a look at the top results.

Here’s what the #1 result looks like:

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The information is pretty good, but it’s a very plain and shallow article.

The next few search results are similar, with short, brief lists:

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Just by making my post more in-depth and including a lot of examples, I am making it to stand out.

Hopefully, I will outrank these other posts in the future.

Let’s look at another piece of content that stands out…

Tons of SEO bloggers make lists of great tools to use (including me).

However, most only have a few dozen tools at the most.

Brian Dean took a different angle. He personally tested and put together a list of over 150 SEO tools.

He even created custom filtering buttons.

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In my posts, I tend to cover the main features of tools in detail, whereas Brian went for quantity.

They’re both examples of next level content, and each will attract different types of readers.

How to ensure that your content is the best: You need to do your best to make each piece of content as strong as possible.

To do this, follow this simple 4-step process:

  1. Find your competition – Use Google and tools like BuzzSumo to find the most popular content for a topic.
  2. Research your competition – Write down the strengths and weaknesses of all your competition.
  3. Match the strengths – If they did something really well, try to match or exceed them in those areas.
  4. Fix the weaknesses – Your biggest opportunity to stand out is to improve on weaknesses your competition has.

Principle #7: Your content marketing strategy should always evolve

The final principle is one of the most important:

Your content marketing strategy should never stay static.

If you ever feel like you have it “all figured out,” think again.

Tactics become less effective over time, and adopting (or inventing) new ones is what will keep you successful.

If you go back a few years, you’ll see that many Quick Sprout posts were very short.

As I noticed that longer content performed better in many aspects, I shifted my focus to producing more in-depth content on a regular basis.

Another example is creating infographics.

They were the main way that we were able to get the KISSmetrics blog an impressive 2,512,596 visitors and 41,142 backlinks.

I started using them on Quick Sprout a few years later but saw much tamer results.

Content marketing will always be evolving, so make sure you and your tactics are evolving as well.

Conclusion

Tactics are important for successful content marketing.

But even more important are the 7 underlying principles I’ve shown you in this post.

If you understand these principles, not only will you be able to apply tactics more effectively but you’ll also be able to stay on top of content marketing for years to come.

My challenge for you now is to evaluate if you understand these principles and to apply them on a regular basis.

If you already use these principles, let me know how you do it in a comment below. If not, let me know which ones you need to work on and how you plan to attack them.



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New current account deals from TSB and Co-op – are they worth it?

TSB and Co-operative Bank have unveiled new offers to tempt Santander 123 current account holders who want to sidestep its new £5 monthly charge.

TSB and Co-operative Bank have unveiled new offers to tempt Santander 123 current account holders who want to sidestep its new £5 monthly charge.

read more



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Questions About Job Stagnation, Braces, Employment Gaps, Slow Cookers and More!

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question.
1. Possible job stagnation
2. The cost of braces
3. Handling employment gaps
4. Recovering from bad credit score
5. Estate planning and memory loss
6. Figuring out loan forgiveness
7. Balancing job needs
8. Slow cooker breakfasts
9. Breaking attraction to sales
10. Taking kids to movies
11. Retirement savings or debt payoff?
12. Social Security survivor benefits

One of the hardest parts of winter for me are long runs of cloudy days where it’s too cold to really go outside for extended periods and there’s just no sunshine to be had. On about the fourth or fifth day of nonstop clouds, my spirit really gets down in the dumps.

I was feeling that way yesterday. I was actually outside taking care of a few outdoor tasks, even though the temperature was below zero, and I was feeling rather down in the dumps.

Then, all of a sudden, there was a gap in the clouds and the sun started shining. I could see that it was a pretty tiny gap as the sun was not shining on the far side of a field near my house, but for me, the sun shone for about five minutes or so.

As cold as it was, I just stood there in the sunshine for a bit. And, for some reason, I genuinely felt a lot better. The effect was largely placebo, I’m sure, but that doesn’t change how that one beam of sunlight really lifted my mood.

On with this week’s questions.

Q1: Possible job stagnation

I have had the same dead end job for the past 13 years in a dead end industry mostly because of the hours. Lately I’ve been looking to get a new job. I get by, and don’t have a lot of debt. I have went to school and volunteered, and work a second job in another industry . Have I financially crippled myself by staying for so long without a lot of growth? Are employers going to see the stagnation and think that I’m not a viable option?
– Kevin

It really, really depends on your industry. In some industries, experience is king and employer loyalty is highly valued. In other industries, certifications are where it’s at. Every industry has certain things that they put a premium on.

If I were you, I’d look at what the requirements are for jobs that you would be interested in. Do they match up well with the resume you’ve put together? Or do you not match very well?

If you find you don’t match well, start spending as much time as you can making yourself match up with what your field is looking for. Certifications, experience, projects, whatever it is – try to milk that from your current job if you can and, if you can’t, do everything you can to get it on your own.

You’re certainly not dead in the water with 13 years experience in your field. However, depending on your field, your resume may still need a bit of polish.

Q2: The cost of braces

I have a question regarding personal finances. We have four children and three of them need braces within the next year. We have decent dental insurance, but the total cost of the braces for all 3 combined will be upwards of $10,000. Two of the kids are high priority which means we’ll need to spend around $7200. We’ve been to several orthodontist to get quotes, and this has been the best one so far. The orthodontist office can set us up on a payment plan for 20 months bring the monthly total to $360. Then, when that’s paid off, we start on kid #3 (another $3000). Any suggestions or tips/tricks? At this point, we’re searching for additional streams of income to offset the cost.
– Donald

There’s no secret tricks to paying off debt, really. Assuming this is a zero interest payment plan (which it seems to be), then you just need to keep chugging along through those payments.

The best thing you can do is start planning now for where that $360 a month is going to come from. Are there any bills or services you can cancel? Your cable or satellite bill? Your landline telephone? Those kinds of things can make up a healthy chunk of that $360.

On top of that, look at your daily routines. Are there any places that you or your wife spend money most days? Do you go out for lunch or stop for coffee or other things like that? Try to cut those out of the picture. If you do so, you’ll have a surprising amount of cash left to pay this bill.

When you’re shopping, try substituting generic products for the name brand that you use. Quite often, the generic product is identical to the name brand, leaving you paying good money for a colorful package and a name. Sure, sometimes the generic won’t work out, but it will more often than not and you’ll be saving money on those purchases.

If you spend money like the typical family, those things will add up to pretty close to the $360 you need each month.

Q3: Handling employment gaps

I have two gaps in my employment, 1) while I was home raising children and 2) while I was rebuilding my life during/after a messy divorce. I’ve read other articles that say you should acknowledge gaps…how/where do you do that, esp w/o divulging personal info?
– Sally

On your resume, simply have the dates during which you received education and worked at various places. If there are gaps, your potential employer will ask about them, and just give an honest answer to those questions.

That is a much better route than trying to put false information on a resume or trying to come up with some kind of bogus answer when that kind of question is asked.

No one’s life is a perfect fairy tale. As long as your other experience is good, the gaps won’t be all that important.

Q4: Recovering from bad credit score

I have a below average credit score. I applied to refinance my car with two other financial companies as the existing secured loan is 29%. My score went down 50 points.I have not missed a payment in 18 months and have full time employment. What can I do to increase my score and how do I go about finding another lender with a lower interest rate ?
– James

Whenever you apply for a loan, the simple application process has a short-term negative impact on your credit score. You appear to have applied for two at once, so the -50 is likely a short-term negative bump from that.

As for raising your score, that’s easy. Just make your payments on time for all of your bills and keep an eye on them for any hint of fraud. You might also want to check your credit report for accuracy; you can do that using the FTC’s website at annualcreditreport.com.

It takes time. It takes seven years for unpaid bills and other mistakes to disappear from your credit reports. For those things to disappear, you have to have patience.

Q5: Estate planning and memory loss

My mother is 70 and is losing her memory. I’m an only child and she has no one else to help her. I would love to help, but she refuses my offers and is in denial that she needs help. I’ve lived with her for the past three months, so I know the areas where she’s no longer fully functioning.

My main concern now is getting her affairs in order while she’s still of sound mind. She has a will, but no revocable trust, power of attorney, durable power of attorney, or living will. I’m not on her banking account and she doesn’t have it set up for payable on death.

My mother is stubborn, doesn’t understand the importance of these documents, and wants me to stay out of her business. What’s the best tactic to get her to be active in estate planning before her memory goes?
– Diane

I’d start out by making it clear that if she doesn’t have her affairs in order, the state or a local judge will do so and make decisions in their interests or in accordance to generic boilerplate laws that have nothing to do with her own wishes.

As for trust and “nosiness,” just encourage her to visit a lawyer. You don’t have to have anything to do with what she decides and sets up. She can simply have a lawyer help her with her decisions and guide her toward the estate planning she needs.

Other than that, there’s not much you can really do. These choices are hers, not yours. Your best hope is to use calls to authority, both positive and negative, to persuade her to make sensible choices for herself and her future.

Q6:

So for the last several years I have been researching programs that could potentially help me pay down or assist with student loans. I have never held positions where my loans qualify for this.

I have loans in the amount of $65,000 currently from undergraduate and graduate program in social work.

I graduated with my Master’s Degree in 2004 and have been paying on my loans monthly with exception of deferment for a few years a couple of years ago due to financial issues (divorce…etc).

I am currently working for a “for-profit” clinic for a large corporation where I have been for the last eight years and hold a contingent position at a non-profit organization (Rescue INC) where I have been for 16 years. My hours are sporadic though as a contingent employee so that disqualified me.

I just accepted a position at [a university] as a Clinical Social Worker at their Counseling Center. I start in a couple of weeks. One of my goals is to get my PH.D. and classes would be paid so I would not have to add to my debt.

I was wondering if this employment position would qualify for me for any current loan forgiveness programs? I had loans consolidated years ago and various companies have taken over the loan over the years.
– Mary

Unfortunately, there are basically no options for private student loan forgiveness. Once you’ve consolidated any public loans you have with a private lender, you basically abandon your options for loan forgiveness.

Your only possible hope is through your current lender. Though it is rare, they may offer some programs that can help people in certain situations. Remember, this is a company with a primary interest in making money, not in making friends. Any programs they have are ones that end up helping them make more money in the big scheme of things.

Your best approach is to simply earn as much as you can, make extra payments, and get rid of the debt as fast as you possibly can.

Q7: Balancing job needs

I am having a hard time trying to figure out what to do with my career choices. I am currently working at a wine wholesaler that has a relaxed environment and I just got a $1.50 raise/promotion to accounting assistant. But the downside is They don’t allow vacations during Nov-Dec (because it is their busiest time of the year), they only give 56hrs total a year for vacation/sick PTO, and eventually – once I start a family I’m not going to want to be limited on if/when I take my vacation time off (especially since my fiancé’s family lives in another state – so during the holiday’s we’re going to have to travel).

About two weeks into starting this job (in October) I had a phone interview with the VA and a month or so after that I got selected for the job and since then have been going through the process of getting the VA job- the background checks, answering essay questions, and so on. I am very close to getting an official offer- and since I just got a raise/promotion at my current job its making it hard to figure out if I should leave the more relaxed/stressfree (most of the time) job that has crappy time off benefits/time off availability to go to a federal government job that will give me more than double the PTO I currently have and I would be able to take off time around the holidays (not to mention I would be making $2.50 more an hour).

I’m honestly split down the middle- I love the wine business and I get wholesale prices on wine while working with people that are fun and I can be myself around.

But I also need the raise (my wedding is this year), and the ability to be sick and still take a week long vacation.. but worried about the stress of being an advanced medical support assistant with the VA.

I made a pros and cons list, but I’m still stuck. (sorry for the long message!!)
– Sara

You’re facing the challenge that a lot of people face in their professional lives. One job is better in almost every regard except pay and perhaps one or two other features, while the other job pays better and maybe has better leave. Which do you choose?

There is no ready-made answer to that question. My only advice is this: try to imagine what you think your life will look like five years from now. Imagine your life with your current job, and then imagine your life with your new job. What will the effects of stress be like? What will the effects of $2.50 an hour in additional pay be like? What about the different locations in which you might live? Try to think about the best outcomes and the worst outcomes and the most likely ones.

Almost always, I’ll tell people to choose the one that will have them in a better life situation five years from now in most cases. I’ll also say that $2.50 an hour and a little bit more leave isn’t worth a significant increase in daily stress, at least in my view.

Q8: Slow cooker breakfasts

After reading many of your articles on slow cookers it occurs to me that it might make sense to put food in the slow cooker overnight and have it for breakfast the next morning. Do you know of any breakfast foods that work well that way?
– Annie

Steel cut oatmeal! I absolutely love this in a slow cooker, cooked overnight and sitting on the table ready to eat in the morning! We usually chop up a couple of apples in there and add a bit of cinnamon – the apples disintegrate by morning, but the whole thing is imbued with an apple-cinnamon flavor. Most steel cut oat containers have a recipe on them for doing this in a slow cooker, so it’s a pretty normal thing.

I’ve tried other things in the slow cooker with varying degrees of success. I’ve tried breakfast casseroles a few times and I’ve never had one turn out really well, nor have overnight rolls. I’ve had friends report success on these kinds of things, so maybe I’m just picky.

However, steel cut oatmeal is just amazing. We try lots of variants on steel cut oatmeal, too – bananas, maple syrup, even things like almonds. It’s warm, filling, and has lots of fiber, too.

Q9: Breaking attraction to sales

My biggest financial problem is sales. Whenever I see a big sale I am just drawn to it. I feel like this is my chance to get something at this low of a price and if I don’t do it now I won’t ever have this chance again so I spend money. At that moment I feel like I am saving money but I know I am really not and so I decide I’m done with sales and then a month later I’ll see a sale and the whole cycle repeats itself. Suggestions?
– Mandy

I can certainly understand this kind of temptation. The idea that this is your only chance to get this item at this price can be really compelling.

For me, I just twist the focus to the item itself. I ask myself a simple question – if this were full price, would I even think about buying it? If the answer is no, then I have no reason to buy it at a sale price unless I can flip it for a profit immediately.

The truth is, neither you or I really needs new stuff. All of our actual needs are well met, so most of the stuff we buy beyond basic foodstuffs amount to a “want.” When you really realize that, it becomes a lot easier to just start saying “no” to a lot of stuff, and then it becomes a lot easier to resist sales.

Q10: Taking kids to movies

Do you ever take your kids to the movies? If so, how do you do it with out spending $100?
– Charlie

Our whole family – all five of us – went to see The Force Awakens a few weeks ago and it was undoubtedly expensive. We did a few things to keep the price low.

One, we went to a matinee film where the ticket prices were cheaper. This was good not only from a money-saving perspective, but also because our children get tired later in the day.

Two, we bought one tub of popcorn for all of the kids to share. The tub cost $6, but it was shared three ways, so the cost dropped down to $2.

Three, we brought refillable water bottles to drink. These can be refilled at the water fountains that are at every theater in the land.

Adding those tricks together, our total cost for our family was $38.50. The tickets were $6.50 each, times five, which added up to $32.50. The tub of popcorn was $6, bringing the total to $38.50.

Other than waiting for home video or eschewing the popcorn, that was the cheapest we could do.

Q11: Retirement savings or debt payoff?

My husband and I have almost $27,000 of student debt and a car loan that we’re actively working to pay off as quickly as possible. We’re in our late 20’s/early30’s and I’m also wondering if we should be saving for retirement. We both have 401k’s through our jobs, but I’m wondering if we should be putting even $50 per month or something like that into a Roth IRA in addition to that. Would it be smarter to open an IRA and contribute a small amount each month, or to roll that $50 towards our debt and put more into an IRA once those debts are paid off?
– Connie

It depends on how much you’re saving in your 401(k). If you’re saving less than 10% of your income at your age, then it would make sense to roll that extra money into a Roth IRA. If you’re saving 10% or more, then striving for debt freedom would probably be a better choice.

It’s really hard to give a precise answer, though, because it depends on a number of things. What are your spending habits like? If your salary goes up, does your spending go up too? Do you have a hard time adjusting if your salary were to go down? The more flexible and frugal you are, the more I lean toward paying off the debt. The less flexible and less frugal you are, the more I lean toward saving in the Roth IRA for retirement.

Given your description here – you’re trying to get rid of loans quickly – that means you’re spending quite a bit less than you earn, which means that you’re at least somewhat frugal, I would think. If that’s the case and you’re also saving at least 10% in the 401(k), I’d probably hammer on the debts.

Q12: Social Security survivor benefits

I’m trying to understand social security survivor benefits better and how they would impact the amount of life insurance I need. Background, I’m 33 with wife (30) and four kids (ages 3 months, 2, 2, 3). Can see the obvious need for life insurance.

Everything I read or see on calculators online seem to suggest that I need 1M+ on me (yearly salary in the high 5 digit range) and completely ignores SS survivor benefits. But based on my SS statement, it seems that if just I passed (probably worst case scenario as my wife is a stay at home mom), she would receive 1825 a month and each kid could receive the same (up to monthly max of 4250). If she can receive 51K a year still staying at home until the 2-year old twins are 18 (wouldn’t hit the max with just 1 kid under 18 at that point), then she wouldn’t need anywhere near 1M+ to continue our standard of living (mortgage is 150k, no other debt, 2 paid off cars both newer than 2010, more than 250k in retirement, 15k in college savings, etc…)

So my question is this, am I misunderstanding how survivor benefits work and she would receive way less than that 51k amount? Would that 51k be taxable? Would she or the kids still receive any of it if she went back to work as she wants too once the youngest is in school (teacher)? Just seems like the need for insurance is constantly being overstated as the primary need of it is to make sure my kids are taken care of until they can fend for themselves (18+) and SS seems to provide a large chunk of that.
– Sam

There are a few factors to consider here. For one, once your children reach age 18, your spouse will receive zero benefits from Social Security until age 60. Life insurance money can help bridge that gap.

For another, many people buy additional insurance policies to pay off all of the accumulated debt. If you have a big policy, your survivors could pay off the full home mortgage, all car payments, all loans, and so on, leaving them a debt free life with that Social Security survivor benefit.

Another factor to consider is college. Your life insurance money could be locked away to pay for your children’s college education should you die. Remember, your spouse’s benefit will vanish when your children reach adulthood until she’s old enough to receive benefits. During that period, your spouse won’t likely be able to offer much help for the children’s college expenses.

Many people who buy large life insurance policies want to do so to replace the wages they would have earned had they lived, including the additional income they may have earned through raises, to ensure their survivors a really great life.

I’m not sure why many articles about life insurance don’t include the Social Security benefits, but there are many reasons why it makes sense to get a very robust term life insurance policy, especially if you’re the parent of young children.

Got any questions? The best way to ask is to follow me on Facebook and ask questions directly there. I’ll attempt to answer them in a future mailbag (which, by way of full disclosure, may also get re-posted on other websites that pick up my blog). However, I do receive many, many questions per week, so I may not necessarily be able to answer yours.

The post Questions About Job Stagnation, Braces, Employment Gaps, Slow Cookers and More! appeared first on The Simple Dollar.



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Intimidated by Your 401(k)? Here’s an Easy Way to Understand How Your Savings Will Grow

I was pretty excited to accept my new job. At 29, I was finally taking a position with a competitive salary, respectable health coverage and a 401(k).

After ignoring the necessity for a decade, I was relieved at the prospect of finally making a sound plan for retirement.

I was also pretty intimidated.

Of course, I know it’s important to have a retirement plan. But when our HR rep started throwing out words like “investments” and “portfolio,” I shut down. I selected whatever options would end the sign-up process most quickly.

So now I have a 401(k), with a match from my company and money invested in… hmm.

I really have no idea what’s happening with my money — and I probably should. Sound familiar?

What’s Happening With Your 401(k) Money?

You understand the importance of setting up your workplace retirement plan, in theory. But once it’s done, you try not to think about it.

What’s actually going on with your money, and what does that mean for your retirement?

Simple as it may be to set it and forget it, the money you and your employer contribute to your 401(k) is being invested. That means it’s subject to fluctuations in the market.

And how those fluctuations affect your retirement fund is up to you.

Know Your Risk Tolerance

The first step to knowing what’s going on with your money is understanding what’s called your “risk tolerance.”

In finance, this means the amount of volatility you’re willing to allow in your investment portfolio.  Basically, do you want to put your money in a pot where it will stay at about the same value all the time, or one where it will fluctuate a lot — reaching higher highs and lower lows?

You might think you know your risk tolerance based on your personality. I’d call myself a risk-taker, because I was willing to quit my job, move across the country, travel and work for myself.

But being a risk-taker in one area of life doesn’t have to mean you want to be risky with your money. How do you determine the amount of risk you want in your retirement plan?

Learn Your Risk Tolerance With This Free Tool

When I signed up for my 401(k), I chose the “default” option. When you do that, your money is invested in a set of predetermined funds — an “investment portfolio.”

This portfolio falls somewhere on a scale from “conservative” — which mostly stays the same value — to “aggressive” — which has more potential to change in value over time.

The reason you probably prefer not to think about your 401(k) is, simply, it seems complicated. Investing seems like something for people with lots of money and access to expert knowledge.

I know it’s a bad idea to ignore retirement planning, so I found a tool that simplifies this complicated information. A company called FinMason wants to make smart financial planning accessible to everyone — not just those with the time and money to hire a financial adviser.

Instead of determining your risk tolerance relative to the risks you’re willing to take in other areas of life — which is what many financial advisers do — FinMason created what they call a “FinScore.”

Your FinScore is your risk tolerance ranking represented by a number from 1 (conservative) to 100 (aggressive). That number lets you know how much risk you should allow in your investments.

Here’s the tool I used to find my FinScore — and here’s how you could use it to make sure you have enough money when you’re ready to retire.

Note: Not sure which numbers you’re supposed to enter at each step? I’ve also included a step-by-step walkthrough below.

The Step-by-Step Guide to Finding Your FinScore

As you work through the tool above, use these tips to clarify any steps that stump you.

1. “I plan to retire in ___ years.”

Select “Calculate it for me” and enter your age and the age at which you plan to retire. If you were born in 1960 or later, expect to retire at 67 to receive full benefits.

2. “I would like a retirement income of $___ per year.”

Select “Calculate it for me” and type in your current income and expected raise per year. Typical raises fluctuate from year to year. The current average is around 3%.

3. “I expect $___ per year of my retirement income to come from Social Security and other sources.”

You can calculate your Social Security benefits based on your actual earnings record, or select “Calculate it for me,” and type in your current income and raise rate again for an estimate.

4. “I expect to contribute $___ per month to my savings and increase by ___% per year.”

List the amount of your paycheck you set aside each month for savings. This will include the percentage you contribute to your 401(k), plus any other funds you save regularly.

For example, I contribute 4% to my 401(k) and put another 4% into a bank savings account, so I save 8%. I don’t have a set plan to increase this, so for now I entered “0” in the second box.

Does your employer match your 401(k) contribution? Check this box if your employer matches. If you don’t know whether it does or not, or you’re unsure how much it matches, ask your HR rep.

5. “The current balance of my investments is approximately $____.”

List the balance you’ve already accrued in your 401(k) and other investments like a Roth IRA. Contact your HR rep if you don’t know where to find this information.

I’m just getting started, so I listed my balance as “0.”

6. Sample Portfolios

Next, using this basic information about your retirement savings, the tool will show you a couple sample portfolios, and how much money you stand to have at retirement, or potentially lose in a market crash, with each. I’ll talk more about what this means for you later in the post.

The tool will also show you how much you’d have saved by retirement with each portfolio and how that stacks up against the target and minimum savings you determined earlier.

In each round, you’ll see two of these sample portfolios, one riskier and one more conservative. Choose either “blue” or “green,” depending on which scenario best fits your retirement needs.

Choose the sample that appeals to you based not only on the best case scenario, but also on the worst. Does the “bad case” for a given sample meet at least your minimum savings needs?

7. Get Your FinScore

Based on the portfolios you choose, you’ll receive your FinScore. For example, mine was 62, Moderately Aggressive.

You’ll see a sample graph that shows how close that portfolio gets you to your target and minimum retirement savings.

This is a simple visual to help you see whether you current retirement savings plan is on track to help you achieve your retirement goals. The tool will offer a few quick suggestions based on whether or not your plan is in balance with your FinScore.

Based on my FinScore, I saw a chart that showed how much a Moderately Aggressive portfolio with my expected contributions would be worth when I retire at 67 (in 38 years).

401(k) screenshot

What to Do Once You Know Your FinScore

Knowing your risk tolerance will allow you to measure it against what’s going on with your 401(k). Then you can determine whether to make any changes.

If your retirement plan is in line with your FinScore, you’re in luck! Stick with it — but be sure to check back every few months to make sure that continues to be the case.

If you see there’s too much or too little risk in your 401(k) portfolio, take steps to change it. For example, based on my FinScore, I’ll most likely save the minimum amount using my current 401(k) plan. But I’m far from achieving the target amount.

To do that, I need to make adjustments to my savings and investments. I could contribute more to savings, I could invest more aggressively or find a balance of the two.

Determining and making these changes to your retirement plan could be as simple as speaking with your HR representative. They can give you a better understanding of the tools available to help you make decisions about your 401(k).

If you want more guidance but don’t have the budget for an expensive financial adviser, FinMason’s free tools can help you figure out your investments and understand how to make them work for you.

Your Turn: Did this tool help you better understand your retirement needs? What questions do you still have about your 401(k)?

Sponsorship Disclosure: A huge thanks to FinMason for working with us to bring you this content. It’s rare that we have the opportunity to share something so awesome and get paid for it!

Dana Sitar (@danasitar) is a staff writer at The Penny Hoarder. She’s written for Huffington Post, Entrepreneur.com, Writer’s Digest and more.

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Lehigh Valley ski resort forced to close days after opening season

MACUNGIE (AP) — Warm temperatures have pushed back skiing at an eastern Pennsylvania ski resort.Bear Creek Mountain Resort in Macungie opened for its first full day of skiing Friday with half its trails.The Morning Call of Allentown reports the resort shut down on Sunday as rain turned the man-made snow into slush.The 2014-2015 season began [...]

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State pension statements must be improved, say MPs

The government must improve the way it communicates details of the state pension, following the publication of a damning new report from the DWP Select Committee.

The government must improve the way it communicates details of the state pension, following the publication of a damning new report from the DWP Select Committee.

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How to Get Out of Debt Without Credit Counseling

The presents have been opened and stashed away. Holiday visitors have come and gone, leaving behind memories, new traditions, and plenty to look forward to in the new year. New Year’s Day has been celebrated. Champagne bottles emptied. Resolutions made.

And now you’re ready to tackle your debts – holiday-induced and otherwise – once and for all. But, where do you start?

For a lot of people, the first step out of debt is tallying it all up. Figuring out how much you owe is crucial because, without a firm number or a “total,” it’s almost impossible to create actionable goals.

Sadly, this is where the process ends for many people. After figuring out how much they owe and to whom, they feel absolutely overwhelmed – like a deer in headlights, but with an empty wallet.

Should You Consider Credit Counseling?

If you add up your debts and find yourself in that position, you might consider turning to a third party like a credit counseling agency for help. According to the Federal Trade Commission, that isn’t the world’s worst idea, but there are some caveats.

“Reputable credit counseling organizations can advise you on managing your money and debts, help you develop a budget, and offer free educational materials and workshops,” writes the FTC on their website. Further, most reputable credit counselors are registered non-profits.

But that doesn’t mean all non-profits are honest, notes the FTC: “Be aware that ‘non-profit’ status doesn’t guarantee that services are free, affordable, or even legitimate. In fact, some credit counseling organizations charge high fees, which they may hide, or urge their clients to make ‘voluntary’ contributions that can cause more debt.”

If you do opt to use a credit counseling agency, the FTC urges you to check out all firms thoroughly with the state’s Attorney General and your local consumer protection agency. Further, the United States Trustee Program lists firms that are approved to provide pre-bankruptcy counseling on their website.

Getting Out of Debt Without Third-Party Help

But, what if you don’t want a third party involved? What if you want to take the bull by the horns and solve your problem the same way you created it – on your own?

That’s perfectly reasonable, and may even be a better solution if you’re truly ready to take control. The power to get out of debt is in your hands, but only if you quit putting it off and start today.

So, put your New Year’s party hat away, put your thinking cap on instead, and buckle down. You got this. Here are eight steps that can help you get started:

1. Create a Budget

Here at The Simple Dollar, we are absolutely obsessed with budgeting. We especially love zero-sum budgeting, which forces you to “spend” — or rather, account for — every last dollar you take in each month.

The Federal Trade Commission agrees that getting on a monthly budget is your first best step to cope with debt. “The first step toward taking control of your financial situation is to do a realistic assessment of how much money you take in and how much money you spend,” the FTC says.

We couldn’t agree more. If you want to get out of debt, the first thing you need to know is where your money is going. On that front, creating a budget and tracking your spending is almost the only thing that will help.

2. Contact Your Creditors

While a credit counseling agency will contact your creditors and try to negotiate on your behalf, you can do it on your own. The main goal of this strategy is to get them to work with you on a payment plan, or perhaps even lower your interest rate to make your payments easier to stomach.

“Contact your creditors immediately if you’re having trouble making ends meet. Tell them why it’s difficult for you, and try to work out a modified payment plan that reduces your payments to a more manageable level,” writes the FTC.

But don’t wait until your accounts have been turned over to a debt collector, warns the FTC. “At that point, your creditors have given up on you.”

Ideally, you’ll want to call your creditors – and even your credit card issuers – to negotiate more manageable terms before you get into real financial trouble.

3. Consider a Balance Transfer

If you’re struggling with credit card debt specifically, a high interest rate may be impeding your progress. One strategy to consider is transferring your highest-interest balances to a card with a low, promotional interest rate. Balance transfer cards can help you save on interest for an introductory period of 12 months or more, which will help you pay down your debts faster, even if you continue making the same payment each month.

The Chase Slate® card is our favorite balance transfer card because it offers 0% APR on balance transfers for a full 15 months – plus no balance transfer fees for transfers made in the first 60 days. That last point is particularly appealing, since most cards charge in the neighborhood of a 3% fee on balance transfers.

The key to making this or any other balance transfer offer work, however, is to use that introductory period to absolutely kill your debts. Since you’ll be paying a lot less interest (maybe even 0%) with a balance transfer card, you should theoretically be able to throw a lot more money toward your balances – and pay them off once and for all.

how to get out of debt? stop digging a deeper hole

If you truly want to get out of debt, you first have to stop digging yourself deeper into it. Photo: Drew Stephens

4. Cut Your Expenses

If you’re in debt and struggling to find a way out, you need to find a way to free up some additional cash. Since you can’t always earn more money, the easiest way to do this is to slash your spending. In other words, give up some stuff – at least temporarily.

This will hurt a little, but rest assured it’s supposed to. If you truly want to get out of debt, it will require some sacrifice on your part.

Figure out what you can live without – whether it’s dining out at restaurants, your cable television package, or your smartphone and data plan, then figure out a way to cancel those services and replace them with something a lot less expensive.

The money you free up can then be used to pay off debt faster – or simply catch up on bills and create some financial breathing room.

5. Try the Debt Snowball

Once you’ve tried some combination of suggestions 1-4, you’ll want to actually tackle your debts, right? One strategy to do just that is the debt snowball method, an idea made popular by Dave Ramsey many years ago.

With the debt snowball, you’ll make a list of all your debts – starting with the smallest balance at the top. Now, while making minimum payments on all the balances, allocate as much extra money as you can in your monthly budget to paying off that smallest debt.

Once you pay off the smallest debt completely — an emotional victory to keep you motivated — take whatever money you had been paying toward that bill and apply it to the second smallest balance (in addition to the minimum payment).

Rinse and repeat month after month until your smallest debts are gone and you’re just left with the big ones. The key is, as your smaller debts are blasted away, you should have more money to pay down your largest debts at a faster rate.

6. Try the Debt Avalanche Instead

If you don’t need the motivational push that small victories can provide along the way and would rather focus on the debts with the highest interest rate (and therefore pay less in interest over the long run), you’ll want to try the debt avalanche method instead.

With this strategy, you’ll want to list your debts in order once again – but your balances with the highest interest rates will go on top.

Once again, make all your minimum payments, but focus your extra efforts on the balance with the highest interest rate first. While the psychological advantage of killing small debts won’t be the same as if you had done the debt snowball, you’ll have the advantage of saving money on interest instead — which can actually help you become debt-free faster, as long as you stick to your plan.

Both methods are solid; it really is up to you to decide which will work best for your individual situation.

7. Pick Up a Side Hustle

While cutting expenses and budgeting are essential steps to getting out of debt, earning more money can speed up the process. However, you don’t have to run out and get a soul-sucking part-time job if you don’t want to. Instead, you could consider picking up a “side hustle” – or even starting a small business on the side.

Trent highlighted 50 side businesses you could start on your own, and that’s an excellent place to start. However, your best side hustle will depend on your individual talents, resources, and skill set. Here are a few other posts that might give you some ideas:

8. Stop Digging

This last step might seem obvious, but it’s often overlooked: If you truly want to get out from under your debt – with or without credit counseling – you need to stop digging deeper into it!

For most people, this step involves figuring out where their money leaks are and plugging them up – quickly! If you’re continually running up credit card balances you can’t pay off, for example, cut up the cards! If you’re constantly spending more than you earn, figure out a way to bring that to a halt.

If you want to get out of debt, you first need to stop racking up more of it. If you can’t do that, none of the other steps in this post will work, and not even a credit counseling agency will be able to help you.

Final Thoughts

While a credit counseling agency can hold your hand throughout your journey to debt freedom, you can take all the same steps on your own if you want. Either way, you’ll need a dose of self-discipline, some humility about your situation, and a sincere desire to improve your financial situation.

The first step – and the one that might be the hardest – is to just get started. It may not be easy, but hardly anything worth doing is.

Have you ever considered using credit counseling to get out of debt? Did you go through with it? Why or why not?

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7 Creative Scrapbooking Ideas That Won’t Break the Bank

Scrapbooking is all about the memories, right?

Wrong. It’s all about the clever layouts and the bells and whistles.

Putting together the perfect page of photos, mementos and design elements has been elevated to an art form (and sometimes a competition).

And those cute papers, fun diecuts and store-bought page accessories can really add up. By the time you stumble out of the craft store with a bag of supplies, your wallet can be significantly lighter.

So what’s a thrifty scrapbooker to do?

How to Save Money on Scrapbooking

With a little bit of creativity, you can put together personal, stylish pages without spending a fortune.

Here are tips and tricks from savvy online crafters for locking down cheap scrapbooking supplies.

1. Base Your Design Around Souvenirs

Once you start looking for scrapbook fodder, you’ll see souvenirs everywhere.

Yes, ticket stubs are great. But you can also hang on to maps, menus, brochures and magazines as materials to remember a trip, a night out or just a normal Wednesday.

Kim used souvenirs from the hospital as the base for her so-called Lazy Mom’s Baby Book. She saved all kinds of money by avoiding the expensive baby page add-ons and sticking with freebies from the hospital.

scrapbooking on a budget, save money, scrapbooking, DIY, crafts, scrapbook materials

Kim Woodward, NewlyWoodwards

2. Let the Photos Do the Talking

When it comes to filling real estate on the scrapbook page, photos are among the cheapest options per square inch. And if you’re in the business of preserving memories, a picture is worth a thousand expensive doodads.

Upload your photos to helpful online shops and then get the prints in the mail for just a few cents apiece. Shutterfly and Walmart are good places to start.

If you’re looking to print from Instagram, I’ve had good luck with Fox Print, which lets you upload files straight from your photostream.

Mel used clever cutting techniques to get some serious mileage out a few photos on this page. Grab a pair of scissors and some glue, and you’ve got everything you need to make an artistic and affordable layout.

scrapbooking on a budget, save money, scrapbooking, DIY, crafts, scrapbook materials

Mel, I Speak Melsh

3. Snag Free Printables

Scrapbookers are a friendly bunch, and they love to share. Online scrapbooking sites offer all kinds of free printables that are fair game for personal projects.

For no more than the cost of toner and few pieces of paper, you’ll have enough graphic elements to complement a bunch of pages in your scrapbook.

MyScrapNook has you covered with templates for stencils, borders, tags and even entire pages. Meanwhile, ScrapbookScrapbook.com has hundreds of printables categorized by theme.

4. Grab a Paper Clip

Seriously, it’s incredible what people can do with a few paper clips and a pair of pliers. And could you choose a cheaper office supply? I don’t think so.

Check out what these smarties are making out of paper clips: angels and hangers and fish hooks (oh, my!). All of these design lie flat and can add a little bit of dimension and texture to your pages.

Jessica made these simple paper clips hearts and pretty much blew my mind. So clever!

5. Hoard Paint Chips

I wonder if hardware store employees ever get sick of scrapbookers raiding the paint chip section… probably. But until they kick us out, we will continue to swipe these free craft supplies.

Grab those little cards in whichever colors strike your fancy and you’ll have little blocks of solid color to do with what you wish.

Emily Grace is on to something with the natural ombre effect you find on the longer paint chips. Punch out a repeating shape in different shades of the same color to make a trendy layout for zero dollars.

scrapbooking on a budget, save money, scrapbooking, DIY, crafts, scrapbook materials

Emily Grace, Grace and Good Eats

6. Cookie Cutters are Your Friends

Think of cookie cutters as another stencil option. Use them as guides for cutting out shapes, drawing outlines and making cookies to eat while you look at your scrapbook.

Hannah used cookie cutters as guides for corralling blocks of handwriting. The well-defined outlines play well with the freeform handwriting, creating a fun, free low-maintenance element to add to your page.

scrapbooking on a budget, save money, scrapbooking, DIY, crafts, scrapbook materials

Hannah, We Lived Happily Ever After

7. Pull Out Some Old Books

Oh, the things you can do with pages and pages of text!

Creative geniuses are painting watercolor flowers on ancient pages and folding paper into origami dresses. You can even print your own images on old pages using this handy tutorial.

Or, get really tricky and lift the ink off old pages with tape for a collage.

Julie used pages from an old book as background and layered clippings on top in larger font, ransom-note style. It’s the cutest ransom note I’ve ever seen!

scrapbooking on a budget, save money, scrapbooking, DIY, crafts, scrapbook materials

Julie, JulieJac

Fresh out of old books? Hit up your nearest thrift store, estate sale or library book sale for good deals on old books.

Your Turn: What are your best tips for scrapbooking on the cheap?

Lyndsee Simpson is a writer and editor living Washington, D.C. She’s on a quest to find some sweet old books this weekend.

The post 7 Creative Scrapbooking Ideas That Won’t Break the Bank appeared first on The Penny Hoarder.



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