Home
>
Wealth Building
>
Saving Money - 35 Pieces of Advice to Save

Saving Money - 35 Pieces of Advice to Save

There are only 2 ways to grow your wealth - Increase your income (by earning more and saving more) or decrease your costs.

Here are a few money saving ideas that everyone can put in place:

Don't use your credit cards if at all possible. Pay cash and use credit cards only for convenience or emergencies.

Don't have more than $25 in your wallet at any time so you are not tempted to buy on impulse. If you have to think about going a long way to find an ATM machine you will probably lose the desire to buy.

Take your lunch to work rather than going to caf?s or food halls.

If you are going to the supermarket make sure you have a list and try and stick to it.

If you can pay your mortgage every fortnight rather than every month then you can save yourself a lot.

If your child is one and growing quickly don't buy expensive clothes. They will outgrow the clothes quickly and you would have purchased them at a high price.

If you smoke, give up. The damage to your health is reason enough but also the damage to your wallet.

Don't buy at the end of the year, wait for the new years sales.

Don't always buy brand items. Sometimes cheaper brands are just as good and much cheaper.

Save money on your heating and cooling costs by keeping doors and windows closed. Turn your thermostat down.

If you are a person that is good at planning, buy some of your Christmas presents at sale time and keep them until next season.

Don't forget to use coupons.

When you are flying watch out for specials that come through the airlines and then buy these seats before the seats go.

Watch out for electricity usage. Often all the lights in the house when that is not necessary. Switch off.

Watch your car repairs. It is better to get someone skilled and honest to look after your repairs who will not overcharge.

Watch your bank fees. Bank fees can grow considerably over the years so be aware of how much you are charged for certain transactions and then make appropriate arrangements.

Don't allow your credit cards to get too high. Make sure that you clear your credit cards each month of you can.

When you take out a car loan, make sure you take one out that doesn't have a penalty if you repay it early.

Refinance your mortgage if the rates are more beneficial. Sometime look at consolidation of your debts into one and then stick to a plan of paying them off.

If you are moving into a new area it is best to rent first before you buy. This will give you time to familiarize yourself with the area and decide on where you want to live and the prices of the properties etc. It is often a trap to buy too quickly.

When you buy a home, the greater amount of your savings and the greater growth of your value will come in the price that you pay. This is especially so in areas where the property values don't grow very much. Your biggest saving will be if you are able to negotiate a good price early.

Don't let the family finances cause you problems. Give the children a certain amount per week in an allowance and don't change it from that.

Don't look on your shopping as a chance for you to spend and spend. Have a plan.

Remember advertised items are not necessarily the cheapest. Watch for unadvertised specials. Remember to ask for a rain check if an item is totally sold out.

Try not to shop on paydays.

Just because an item is on sale, doesn't mean it is a good buy.

Buy only what you and your family need rather than what is on special.

If you can afford it, stock up when prices are low.

Don't forget to try alternative places to shop. Try thrift stores, consignment shops, warehouse sales, garage sales, markets.

Shop alone. Other people will only help fill your shopping cart (especially your partner).

Know your prices. Keep a price book if you have to.

Watch out for fancy packaging. You don't pay money for it ?you pay money for what is inside.

Remember the rule of three. If an item has three different ways that it can be used then you are generally not wasting your money.

Always watch when the sales person rings your purchases. Always check the receipt to make sure the calculation is correct.

When going shopping, leave the credit cards and checks at home if you can. Take out some cash to use and once you reach your limit - that's it.

StartRunGrow (http://www.startrungrow.com) is a global online information organization that specializes in creating, developing and marketing business help information specifically with the aim of "making business easier" for entrepreneurs around the world. The StartRunGrow objective is to become a dominant player in the business help arena providing end to end solutions for the millions of small and medium businesses worldwide who continue to struggle daily with the difficulties of starting, running and growing a successful business.

quick home cleaning Glenview ..

In The News:

Major Marquis fintech breach exposes 400,000-plus Americans' data through unpatched SonicWall vulnerability, with Texas hardest hit at 354,000 affected.

Free up iPhone storage fast by clearing large photos and videos from Messages app. Simple steps for iOS users to delete attachments without losing chats.

Scammers are flooding inboxes with fake tracking alerts that mimic real carriers, exploiting the holiday rush to steal logins and personal data.

The Fox News AI Newsletter brings you the latest news on AI technology advancements and the challenges and opportunities AI presents now and for the future.

Texas family reunites with missing 11-year-old cat Grayson after 103 days using Petco Love Lost's AI photo matching technology and community help.

Tired of AI customer service loops? These insider tricks help you escape "frustration AI" and get real human help when you need it most for urgent issues.

Unlock richer audio from your streaming apps with simple tweaks to volume normalization, equalizer settings, and quality preferences for cleaner sound.

Scammers are sending fake Facebook settlement payout emails that mimic legitimate notices from the privacy settlement administrator to deceive users.

Holiday shopping scams surge as fake refund emails target distracted consumers during Black Friday and holiday seasons, costing Americans billions annually.

The AI-powered IRMO M1 exoskeleton features four modes, including turbo, eco, training and rest for hiking, running, cycling and sports with eight-hour battery life.

OpenAI announced upgrades for its ChatGPT Images platform on Tuesday, saying the program can now make more precise edits and produce images more quickly.

Chrome for Android now turns web articles into AI-powered podcast conversations. Get hands-free browsing with Google Gemini's natural audio summaries.

LastPass faces $1.6 million fine from U.K. regulators after 2022 data breach exposed 1.6 million users. Password manager failed proper security controls.

Petco disclosed a data breach exposing customer Social Security numbers, financial account details, and driver's license information due to a software error.

Baseball teams can now analyze complete swing mechanics in normal training environments using Theia's markerless AI system that processes standard high-speed footage.

Smart home hacking fears overblown? Expert reveals real cybersecurity risks and simple protection tips to keep your connected devices safe from hackers.

MIT develops needle-free glucose monitor using light technology. Revolutionary device could replace painful finger pricks for diabetes management.

The ClickFix campaign disguises malware as legitimate Windows updates, using steganography to hide shellcode in PNG files and bypass security detection systems.

Researchers from Osaka Metropolitan University designed a 21-foot dome that combines aquaculture and hydroponics to create a self-sustaining urban food system.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

ChatGPT data breach exposes personal info of users through partner Mixpanel. OpenAI confirms names, emails compromised in security incident.

Android rolls out Emergency Live Video for 911 calls, letting dispatchers see real-time scenes during emergencies. Great for holiday travel safety.

Malicious Chrome and Edge extensions collected browsing history, keystrokes and personal data from millions of users before Google and Microsoft removed them.

Google's new Call Reason feature lets Android users mark calls as urgent before dialing, displaying an urgent label to recipients using Phone by Google app.

Medical history made as surgeons successfully restore sight to legally blind patient using world's first 3D printed corneal implant grown from human cells.

Saving Money - 35 Pieces of Advice to Save

Wealth Building