Can I cut your budget? | Bloggers Lair | Yakezie Forums

I'm starting a new series, helping people cut their budgets. I posted on my blog but wanted to post here as well to see if I can offer this to some of you who aren't regular readers. 

 

I’ve discovered that I have a particular skill for finding ways to trim budgets and pay less without giving up quality of living. I’ve done this for my own family, reducing all of our regular expenses and making our modest income stretch to cover our needs. I want to offer this as a service to my readers.

You would send me your budget (income and expenses, both monthly and annual), and any areas that you need help in finding a less expensive options. I would post ideas specific to your situation and help you to find ways to meet your needs for less, and other readers to share their tips. To protect your anonymity, I would not give identifying details, full names, etc.

Please note that I am not a financial expert. I’ll give my best suggestions for the situations you share with me, but you should always do due diligence to be sure an idea works for your situation, is legal in your municipality, and will actually save you money.

If you're interested in participating, drop me a line at thesavedquarter@ gmail (DOT) com. I'm hoping to run this series once a week during our June Yakezie Build Your Blog month, and will link back to your blog if you want me to do that.

I really don't know the answer to that, but I'd probably check with a legal professional in your case. Hopefully offering ideas of how to cut your bills will not lead to legal trouble, but I put the disclaimer just in case. 

Do these rules apply to Canadians? Sigh, you'd think a disclaimer would be enough. Enough with the red tape. :P

Suba @ Wealth Informatics said:

Investment advice is greatly regulated, so I am sure you cannot comment on any single person's asset allocation (general advice is ok). Investment advice is not just individual stocks, but also classes of securities, so asset allocation fall into that, which means you have to be registered. Series 65 or something like that. Generally I read that free advice doesn't fall into the investment advisor area but I could not find a clear direction in this so I just assumed the worse. You have to prove that you didn't get compensation of "any" sort. As we are getting money from the blog I didn't know if that counts as compensation. If you want to take that route, better to register than face some lawsuit.

Budgeting advice I "think" is safe. I would take up that offer myself, but I think we are already barebones anyway :) Good idea though.

Invest it Wisely – it may be difficult to cut if I don't know the numbers, but I can give it a try.

Post edited 7:31 am – May 21, 2011 by Budgeting in the Fun Stuff

My husband and I would like a backup budget for when I start working at home by the end of the year.  We may not ever use it though, which was why I was going to "waste" time on it myself this month.  I just reworked a friend's budget last weekend, so I was going to rework our budget to find $500 MORE a month to throw into savings. 

Would it be helpful for your site to work our numbers?  We know we could cut a ton, we just don't want to unless it's necessary, lol.  But it would be interesting to see what you would cut vs what would come to my mind.  I wouldn't even mind my name and site being included.  Let me know if you think it may be a good fit.

The Saved Quarter said:

BITFS, I'd love to! E-mail me your numbers and I'll work them over.

Cool beans.  I'll send those right now.

I'll watch how it goes in June, and then I might take advantage of your services in June.  We have several large expenses coming up next January, and I would like to not stretch the budget too thin.  I make all of my numbers public on my site (it seems to be easier to do when there is no money!  :)), so it wouldn't be a big deal to give specific numbers.