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.

maid service near Lake Forest ..

In The News:

New Android malware BankBot YNRK silences phones, steals banking data and drains crypto wallets automatically. Learn how this advanced threat works.

FDA approves first human trial for Paradromics' brain-computer interface that could restore speech for paralyzed patients through neural technology.

New phishing platform QRR targets Microsoft 365 users across 1,000 domains in 90 countries. Learn how to spot fake login pages and protect your accounts.

OpenTable now uses AI to track your dining habits and share insights with restaurants. Learn what data they collect and how to protect your privacy.

Google's discontinued Nest thermostats still secretly upload home data to company servers despite losing smart features, raising serious privacy concerns.

New Android malware NGate steals NFC payment codes in real-time, allowing criminals to withdraw cash from ATMs without your card. Learn protection tips.

DoorDash confirms data breach exposing customer names, emails, addresses after social engineering attack. Learn how to protect yourself from scams.

Concerned about Google's AI scanning your Gmail? Learn how to disable Gemini features that access your emails, Drive files and Chat messages for privacy.

Google warns Android users about dangerous fake VPN apps hiding malware that steals passwords, banking details and personal data from phones and tablets.

Apple's digital passport feature lets iPhone users breeze through TSA checkpoints this holiday season using Digital ID technology at 250+ airports.

A new phishing scam targets family photos with fake "Cloud Storage Full" alerts. Criminals steal credit card information through fake sites. Learn protection tips.

South Korean scientists create ultra-thin fabric muscles that turn clothes into robotic assistants, lifting 33 pounds while weighing under half an ounce.

Archer Aviation has acquired Hawthorne Airport for $126M to launch an LA air taxi network ahead of the 2028 Olympics, featuring AI-powered eVTOL operations and next-gen aviation tech.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Fake AI apps disguised as "ChatGPT" and "DALL·E" are flooding app stores with dangerous malware that steals data and monitors users without detection.

Fake buyers demand specific vehicle reports from unknown sites to steal credit card information from car sellers, but warning signs can help identify these scams before paying.

Android users can now manage apps across multiple devices more easily with Google Play Store's updated remote uninstall button in the latest update.

NASA's Perseverance rover discovers shiny metallic rock on Mars that could be a meteorite from an ancient asteroid, containing high levels of iron and nickel.

Holiday scams spike during Black Friday and Cyber Monday as criminals exploit your leaked personal data. Learn how to protect yourself from fake stores and phishing.

Commerce Department proposes TP-Link router ban over Chinese security risks. Learn how this potential prohibition could affect your home network and devices.

Hyundai AutoEver America suffered a data breach affecting 2,000 current and former employees, exposing names, Social Security numbers and driver's license information.

Washington court rules automated license plate reader images are public records, even when stored by vendors like Flock Safety, setting precedent for transparency.

Fake airline texts claiming flight cancellations are targeting travelers with convincing scams. Learn how cybercriminals steal personal data and credit card info.

Discover how iOS 26's new Adaptive Power feature automatically extends iPhone battery life by learning your usage patterns and adjusting performance intelligently.

New TikTok malware campaign tricks users into running PowerShell commands that download Aura Stealer, which steals credentials and authentication tokens.

Saving Money - 35 Pieces of Advice to Save

Wealth Building