In recognition of America Saves Week this week I am hosting a giveaway each day until Sunday, February 26. Today you have a chance to win a Money Savvy Bank.

The Money Savvy banks have four separate chambers, for save, spend, donate and invest. The money goes into each chamber and there are openings to get the money out of each chamber. It is one of the resources I have found to teach children about money. I feel it is important to teach kids about money before they get out on their own.

To enter the drawing leave a comment with your email and your choice of a platinum pig, blue pig, purple pig, pink pig or a football bank thru midnight today. I will contact the winner to get their mailing address. I do have some of the banks on hand if you do not win one and are interested in them.

There was a show on TLC last week and the same episode ran last night. It is called Extreme Cheapskates. One of the guys takes food home from other diners when they go out to eat. He dug through dumpsters and went to the dollar store to find items to give his wife for their 25th Anniversary.

One lady and her family uses rags for toilet paper. They keep a container next to the toilet and they wash them as necessary. She said they have used the same rags for 5 years. She and her kids picked “greens” at the park to make a salad for neighbors.

You don’t need to go to these extremes, but little changes in how you spend your money can make a difference.

I am working on compiling some of my blog posts into e-books. The first I am working on is how to save on groceries and dining out. I am planning on having it completed in the next week or two.

Please leave a comment or email me at if you have any topics you would like covered on this blog.

The past 7 days I have been giving books away randomly to commenters of my blog posts.

I didn’t get email addresses for some of the commenters so I will list the names from the comments and I also replied to the comments if you were chosen. Please send your mailing address to me at

Tues, Jan 3, The Total Money Makeover, Debbie Millan
Wed, Jan 4, Smart Couples Finish Rich, Deb (Comment #2)
Thurs, Jan 5 Excuses Begone, Carrie Gammell
Friday, Jan 6, The Millionaire Next Door, Paula and Paul (I had 2 copies to give away)
Sat, Jan 7, Who Moved My Cheese, Stormchaser, Sharon, Margaret Kloster (I had 3 copies to give away)
Sun, Jan 8, Money Doesn’t Grow on Trees, Kathy Coutlee
Mon, Jan 9, Rich Dad Poor Dad, Erika Atoine, Swan and Pam (I had 3 copies to giveaway)

I want to thank you for commenting on my posts and I hope you found the information helpful. If you did not receive any of the books, many of the books should be able to be found at your local library.

I plan on having more giveaways in the upcoming months.

Nancy Kvamme

Welcome to Day 6 of my 7-day book giveaway. I will randomly choose a name from the people who leave a comment on this post thru midnight.

Today’s book is Money Doesn’t Grow On Trees, A Parent’s Guide to Raising Financially Responsible Children by Neale S. Godfrey. She has also written another book for teenagers called Money Still Doesn’t Grow on Trees.

It is one of the resources I have found that has information and ideas on how to teach your children about money and finances.

Please leave a comment below for a chance to win a copy of the book, Money Doesn’t Grow on Trees. I will email the winner for their mailing address.

I will be replying to the post of the recipient of each day’s book and will list them in a post at the end of the week.

Here are some ideas I have found to teach kids about money.

Also, I have developed a workshop consisting of a variety of stations with different activities to teach kids about money. It is geared for children from about 8 years up through teenagers. Please contact me at or (701) 799-1857 for more information.

Over the weekend, I read the book The Compound Effect, Jumpstart Your Income, Your Life, Your Success by Darren Hardy. Darren is also the Publisher of SUCCESS magazine.

He discusses how small steps towards your goals if done regularly can have a compound effect to eventually reaching your goals. He shares stories and ideas from many of the successful people he has interviewed over the years as publisher of SUCCESS magazine.

Many of us think a dollar here and there is no big deal, but over time they add up. Following is one of the quotes from the book that I thought showed the importance of thinking of how you are spending your money.

“Did you know that every dollar you spend today, no matter where you spend it, is costing you nearly fiver dollars in only 20 years (and ten dollars in 30 years)? That’s because if you took a dollar and invested it at 8% in 20 years, that dollar would be worth almost 5. Every time you spend a buck today, it’s like taking $5 out of your future pocket.” The Compound Effect by Darren Hardy.

In a previous post I mentioned an upcoming book by Crystal Paine from Money Saving Mom. Her publisher is offering a free chapter of her book on saving money on groceries without needing to use coupons.

Nancy Kvamme

With the holidays coming up you may have more guests. Jessica from Good Cheap Eats gives suggestions about having items on hand to prepare a Snack tray and also a beverage box.

If you are able to have these items on sale, it may save you a trip to the store and if you can find some of the items on sale you can save some money too. Also, by having items to make snacks and drinks easily you can save the expense of buying prepared items from the deli or store. By taking a few minutes to chop vegetables, meat or cheese can save the added expense of buying these items already chopped.

This is part of a 90 day Holiday Countdown, previous posts can be found here

Nancy Kvamme

It’s hard to believe, but Christmas is about 90 days away. It is my goal to make a post the next 90 days with money saving ideas, recipes and decorating ideas to help you take some of the stress out of the holidays.

One of the first things to do is make a holiday budget. Sit down and make a list of everyone you are planning on buying a gift for. Along the each name write an amount you plan on spending and any ideas you may have. Total up your amounts to see what the total amount is. When you see the total you can divide by the amount of months or weeks left and try to work it into your monthly budget.

After you have made up your gift budget, also do the same thing with other extra expenses you are planning on such as parties, extra dining out, cards, giftwrap and other expenses.

Check back tomorrow for another holiday idea.

Nancy Kvamme

I have stated in many previous posts that I believe it is important to teach kids about money and finances.

I have put together a Page a day calendar with websites and resources about teaching kids about money.

I am also teaching a Community Ed Class on Tues, Oct 14. Click the link for more information or to register.

I have also developed a Kids and Money workshop consisting of various stations and a workbook dealing with different money and finance topics such as budgeting, banking and credit/debit cards. More information and upcoming dates can be found at my website or call Nancy at 701-799-1857.

Posted in Saving
Nancy Kvamme

One way some people use to save money on their grocery bills is by planning a menu. Some plan for a week or two and sometimes a whole month at a time. One way is to make a list of meals you usually make and plan when you are going to make them. Other things to consider when making a budget are items you have on hand and items that are on sale. If you have most of the items for certain meals, when you go shopping you only need to pick up the missing ingredients.

Some advantages of menu planning are making it less tempting to stop for takeout or dining out if you have something almost ready or have a plan ready. If you have meals planned that call for some of the same ingredients you may be able to save some money by buying in bulk.

On one of the blogs I follow, Money Saving Mom there are Menu planning pages that you can fill in on the computer if you want and then print them out.

Nancy Kvamme