April 2016 - The Outlier Model

How to Celebrate Mother’s Day on a Budget

mother's day celebration, celebrating mother's day on a budget, frugal mother's day

Chonce Maddox / April 25th, 2016 / No Comments

Mother’s Day is May 8th this year and it can easily sneak up on you if you don’t prepare accordingly. As you get older, it can get harder and harder to select the perfect gift for your mom to show her your appreciation on this special day. You can’t make handmade cards or projects at school anymore like you did as a child and you probably don’t want to do the same thing you did last year....

Posted in: Family, Life Hacks, Money Tagged with: affordable gift ideas, budget, holidays, mothers day

4 Ways to Save Money on Work Lunches

saving money on lunches, work lunch tips, frugal work lunch tips

Chonce Maddox / April 19th, 2016 / 1 Comment

Work can be tiring some days which makes it easy to view your lunch break as a brief escape. Many people dine out for lunch. While it’s perfectly find to purchase work lunches, if you start paying attention to the money you spend, it may surprise you. For example, if you spend an average of $6 on lunch each work day, that’s a total of $30 per week or $120 per month which adds up to well over $1000...

Posted in: Food and Grocery Tagged with: avoid dining out, leftover, save money on food, work lunches. groceries

4 Things Millennials Can Give Up in Order to Contribute to Retirement

millenials and retirement, millenial tips, retirement contribution

Chonce Maddox / April 15th, 2016 / No Comments

Investing in order to prepare for retirement is something that most millennials are not thinking about but they definitely should be. When it comes to investing, the earlier the better is the type of mindset that young people should have. The money you set aside to invest no matter how large or small will earn interest compound over time allowing you to end up with more than you started with and that’s...

Posted in: Retirement Tagged with: investing, retirement

What to Know Before Taking Out a Loan

taking out a loan, tips before taking out a loan, loan advice

Chonce Maddox / April 13th, 2016 / No Comments

Taking out a loan shouldn’t be your first choice when you need extra money to cover an expense, but depending on your circumstances, it may be a valid option. Loans can be a short-term fix but may end up a being long-term headache, so you should be aware of what you’re getting into before you commit to taking out a loan or if you have bad credit and you need to take out a loan. Here are a few...

Posted in: Money Tagged with: interest rates, loan tips, taking out a loan