Englewood shuttle .. Chicago Drug testing

Simple Tips on Saving

Simple tips on saving can very often make quite a big difference to your finances. Saving means giving up something now, so you will have more in the future. A consistent, long-term saving program can help you achieve your goals. It also can help you build a financial safety net. Experts recommend that you save from three to six months worth of living expenses for emergencies.

Savings grow beyond what you contribute because of compound interest. Over time, the value of compound interest works to every saver's advantage. Keep in mind, however, that inflation reduces the return on your money.

It's not easy deferring or eliminating purchasing things you want today but like everything else in life, the more you do it the easier it becomes. Here are some useful saving tips to help you:

Take a portion of your wages from every paycheque before you pay any bills and use your company's payroll deduction plan, if available to arrange for a fixed amount to be taken out so that you never see it. What you don't see, you don't spend. Alternatively, you can make automatic current account withdrawals into a savings account.

When you get a raise, save all or most of it.

Pay off your credit card balances and save the money you're no longer spending on interest.

Move credit card balances to a card with a lower interest rate and use the savings to pay off the balance.

Keep your car a year or two longer. Save the money you would have spent on a new car.

Do your own car routine maintenance and make regular repairs.

Stop smoking. If you cannot stop, then at least cut down on the amount you smoke.

Take ?5 from your wallet everyday and put it in a safe place. That will add up to ?1,825 in a year.

Shop with a list and stick to it. No impulse buys.

Don't buy any new clothes until you've paid off your current wardrobe.

Eat more meals at home.

Look for inexpensive entertainment: zoos, museums, parks, walks, biking, library books, concerts, movies and picnics. Drop subscriptions to publications you don't read.

Shop for less expensive insurance.

Save any tax refund.

Postpone purchases or consider fewer features on the items you plan to purchase.

Experts recommend paying with cash whenever possible. This helps you spend less than you otherwise would have spent if you had charged the purchase. You'll also avoid credit card interest charges and check-cashing fees.

The less you spend, the more you can save. The longer you can consistently save, the faster your savings will grow.

You may freely reprint this article provided the author's biography remains intact:

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the http://www.directonlineloans.co.uk website.

In The News:

A frozen bird found in the Siberian permafrost is a 46,000-year-old lark, scientists have revealed.

Stunning artifacts have been recovered from the wreck of HMS Erebus, one of two 19th-century Royal Navy ships involved in a doomed expedition to locate the Northwest Passage.

The new moon is the first lunar phase, which leaves Earth’s natural satellite in shadow.

The next new moon will occur on Feb. 23. Here is what you need to know.

The largest planet in the Solar System, Jupiter has a treasure trove of information for astronomers to research and observe. A new study states that the gas giant also contains water in its atmosphere.

Experts have been closely watching an exoplanet that is so close to its star, it may well be on the "edge of destruction."

If a giant object looks like it's going to slam into Earth, humanity has a few options: Hammer it with a spacecraft hard enough to knock it off course, blast it with nuclear weapons, tug on it with a gravity tractor, or even slow it down using concentrated sunlight.

“Black in Space: Breaking the Color Barrier,” scheduled to air Monday on the Smithsonian Channel, examines the race to get black astronauts into the heavens while fighting for human rights on Earth.

NASA has revealed a gorgeous image of the Moon, Mars and the International Space Station.

A majestic leopard was captured by a photographer as it seemed to pose for the camera on a city street in India.

Simple Tips on Saving

Wealth Building Wealth Building