3 Reasons Why Working With A Digital Marketing Agency Could Make Financial Sense For Your Business

For most businesses, decisions that seem to put your business on firm financial footing are going to be the easiest decisions to make. However, sometimes it’s not easy to tell whether one option will be the smartest choice financially, especially when it comes to outsourcing work.

One area that you may be considering outsourcing work is with your digital marketing. So if this is something you’ve been thinking about, here are three reasons why working with a digital marketing agency could make financial sense for your business.

Forgoing Costs Of A Full-Time Marketing Employee

Basically all businesses need some kind of marketing in order to survive. And while some businesses can afford to hire a full-time marketing person or even a marketing team, many small businesses just can afford this cost.

To still get the work done that is needed, Digital Knowledge Mine and Medium.com recommend that you work with a digital marketing agency when you can’t afford to hire someone to work for your company full-time. Depending on what your marketing budget is and what agency you choose to go with, you may be able to get more work done this way than if you had hired a full-time employee. And, in many cases, you may be paying less than you would for a fully compensated employee, too.

can’t afford to hire someone

Save On Collateral Costs

In addition to having to pay for a full-time employee when you do digital marketing in-house, you also have to deal with all of the costs associated with the marketing collateral that they’ll use or create.

According to Laura Donovan, a contributor to Business2Community.com, this marketing collateral can include things like advertising, printing costs, PPC, and more. But when you have everything taken care of through a digital marketing agency, all of these costs will be taken care of in the overall cost that you’re paying for your service. Additionally, the agency will also be paying for a lot of the software or subscriptions on their own, so you can save yourself on those costs as well.

Only Pay For The Skills You Need

For some organizations, you might be able to do some of your digital marketing tasks by yourself or with an employee who also had another position within your company. In this case, it doesn’t really make sense to bring in another employee who will just be doing the same work. But for the digital marketing tasks that you can’t get to on your own, Jeremy Boudinet, a contributor to The Muse, shares that you can easily outsource just those tasks to a digital marketing agency and save yourself some money.

If you’ve been wondering whether working with a digital marketing agency would be cost effective for you, consider using the information mentioned above in making this decision.

3 Interesting Ways To Save Money On Your Grocery Bills

If you’ve been looking for ways to save on how much you’re spending on your groceries you buy each month, you’ve likely already tried things like using coupons or shopping sales. However, these options won’t always save you a lot of money, especially if you were already careful about what you were buying in the first place.

For people in these situations, you might need to get a little more creative in order to find ways to get some real savings. To help you see how this can be done, here are three interesting ways to save money on your grocery bill.

growing your own food

Get Your Own Food

One great way to spend less money at the grocery store each month is to get your food from some other source.

For your produce, Amy Freeman, a contributor to Money Crashers, suggests that you try growing your own food or buying produce from people who already grow their own food. You can often find a lot of savings here since you’re not paying for packaging or transportation costs. Additionally, if you’re a hunter, you can also get your own meat by taking a hunting trip with your AR-15 hunting rifle and bringing how fresh meat for your family to eat or cook with.

Be Careful About Purchasing In Bulk

Oftentimes, people automatically assume that buying something in bulk will help them to save money in the long run. However, this isn’t always the case.

To help you in figuring out what you should buy in bulk and what you should pass on, Gina Zakaria, a contributor to Business Insider, shares that you usually only want to buy your staple items in bulk. This means that if there’s a food or other grocery product that you and your family use a lot and will always continue to use, these items usually make sense to buy in bulk. Generally, this can include things like meat, rice, or pasta. But before you buy in bulk, make sure you do the math to make sure that the cost actually is better for you.

Take Advantage Of Your Freezer

One reason you might be spending too much money on groceries each week or month could be that you’re not using all the previous food that you bought to the best of your ability.

To do this, Ramsey Solutions advises that you take advantage of your freezer. So many food items can be frozen and eaten later, which can drastically extend its shelf life. Knowing this, you should try to keep things in your freezer until you actually need them in addition to moving food into the freezer if it’s about to expire before you’re able to use it.

If you’re looking to find some new ways to save on groceries each month, consider using the tips mentioned above to help you do this.

3 Things To Consider When Trading In Your Old Car For A New One

If you’re ready to get a new car but are looking for a way to not have to pay full price for the vehicle, you may want to consider trading in your older car as you buy your new one.

While this can seem like a great exchange, it’s not always as straight-forward as you might like to believe. To help you get the best possible deal from this situation, here are three things to consider when trading in your old car for a new one.

Your Old Car’s Value

The very first thing you’re going to want to figure out before you go forward with trading in your car is what that car’s value actually is.

To determine this, Nicole Arata and Philip Reed, contributors to NerdWallet.com, recommend that you check various pricing guides to help you find out what cars like yours are worth at this moment in time. The actual price will depend on things like mileage, the condition of the vehicle, where you live, and what options or maintenance the car has. By looking at a number of different pricing guides, you’ll get a good idea of the ballpark that you should expect your car to get when trading it in.

check various pricing guides

The Convenience

According to John M. Vincent and Ben Koses, contributors to U.S. News And World Report, many people find that they don’t get offered as much for a trade in at a dealership as they may have been able to get from selling the car on their own.

While this can be the case, you have to think about how much you’re willing to pay for the convenience of getting rid of your old car at the same time as you purchasing your new car. So although you may be able to get more money by selling the car privately, you’ll also likely spend a lot more time and energy figuring this out than you would simply showing up to a dealership and using the car for trade-in value.

Visit Multiple Dealerships

Once you know what the value of your car is, you can still take steps to ensure that you’re able to get the best possible deal with trading in your car.

To do this, Valencia Higuera, a contributor to MoneyCrashers.com, suggests that you visit multiple dealerships to see what they’re willing to pay for your car when you trade it in. Once you find the best price for your car, you can then apply that to the new car you choose to buy.

If you’re going to be getting a new car soon and would like to get rid of your old car at the same time while also getting some money to go toward your new purchase, consider using the tips mentioned above as you figure out a trade-in.

3 Biggest Financial Mistakes and How To Avoid Them

Not everyone is born with sharp money instincts. In fact, rarely do people come out of the womb knowing how to balance a checkbook, as crazy as that may be to believe. It’s up to you to make sure that you learn how to be smart with money because no one is going to do it for you.

The most important thing to keep in mind about money is that your financial situation is often a result of your prior actions. What you do today will play a huge role in the rest of your financial future.

With that in mind, it’s important to know what mistakes to avoid. That way, you can avoid making costly mistakes that could affect you for years down the road. Take a look at some of the biggest financial blunders that you should avoid at all costs.

Not Planning for Retirement 

Retirement isn’t something that you should leave until the last minute to plan for. It’s critical to start planning and budgeting for the day that you’ll no longer have a steady income coming through. Once you reach retirement age, you should have enough money put away that you can live off of comfortably.

have enough money

Since you won’t be able to work to bring in an income, you’ll need to make sure that you have enough stashed away to live a comfortable life. Take the time to set up a retirement plan as early on as possible. The sooner that you get started, the better.

Missing Payments 

Everyone has rough financial patches in their life from time to time. However, one of the biggest mistakes you can make is failing to pay your bills. If you get behind on your payments, you won’t just pay late fees, but you can also ruin your credit score. A low credit score can do more than just affect your chances of being approved for a credit card.

It can also affect you being able to rent a house and even a cell phone contract. It’s in your best interest to stick to your commitments and pay bills when they are due.

Not Getting Insurance 

Many people believe that insurance is an unnecessary monthly cost. After all, it’s not always guaranteed that you’ll get in a car accident or develop a health issue. However, even though your chances may be slim, it’s still a possibility. Getting into a major accident or developing a serious health issue will cost a considerable amount of money without insurance. The small amount you may be saving by not paying insurance now could seriously affect you long term. You’re better off not rolling the dice since when it comes to your health, it’s better to be safe than sorry. Not only that, in many cases, it’s the law to have insurance.