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.

limo prices to midway Crystal Lake west of Randal .. Lockport Chicago limo O’Hare

In The News:

Creating an email alias can help clean up your inbox by organizing emails based on purpose, like creating different aliases for shopping, newsletters and work.

A multipurpose robotic system promises to transform how items are stacked onto pallets, aiming to maximize space utilization and reduce shipping costs.

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

The number of people affected by a UnitedHealth data breach in February 2024 was actually higher than previously reported and was the largest medical data breach in U.S. history.

A phishing campaign uses Google Calendar to schedule fake meeting invitations that appear legitimate, redirecting targets to phishing sites.

Toll road text scam: Fake messages claim unpaid fees, seek payment via fraudulent links. Kurt “CyberGuy" Knutsson says this scam is becoming increasingly sophisticated and widespread.

Kurt “CyberGuy" Knutsson says these steps ensure that your friends and family get to the exact moment you want them to see. Try it out and streamline your sharing experience.

Tech expert Kurt “CyberGuy" Knutsson offers tips on how to protect your identity: Be vigilant, monitor accounts, use smart security, know theft response.

Tech expert Kurt “CyberGuy" Knutsson says cybercriminals are exploiting iMessage phishing protection, tricking users to reactivate links.

It's hard to imagine life without in-flight Wi-Fi these days – but sky-high web surfing comes with its own set of privacy concerns. Here's how to protect yourself.

Over 400,000 cases of credit card fraud were reported in 2024 to the Federal Trade Commission. The CyberGuy explains how to protect against becoming another victim.

A nondescript metal box transforms into a fully functional electric motorcycle that blurs the line between vehicle and urban infrastructure.

Many apps unrelated to location still ask users for tracking permission, and Texas Attorney General Ken Paxton has filed a lawsuit seeking to end this alleged practice by Allstate.

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

Melody, the artificial intelligence-powered robot, is life-sized and represents a move toward creating robots that resemble people in appearance and interaction.

Here are five easy smartphone rules from the National Security Agency that you can follow to better protect your mobile device from hackers and scammers.

A U.S. robotics company has developed "Jennie," a robotic pet powered by artificial intelligence that's designed to comfort those facing mental health challenges.

Healthcare records for more than 184 million Americans were breached in 2024, but you can take steps to minimize that risk. Kurt the CyberGuy explains.

The Skyrider X1 from Rictor claims to be the "first amphibious flying passenger motorcycle," and it combines land and air travel in one sleek design.

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

Home inventory and restoration apps help itemize and track every item in your home in the event you have to make an insurance claim after a natural disaster.

The White House launched a new cybersecurity safety label, the U.S. Cyber Trust Mark, intended to help consumers make informed decisions on smart device safety.

Today's tech can help make life so much easier — if you know how to use it. Here are a few tips on the quickest and best ways to make your phone, laptop and other devices work for you.

Tech expert Kurt “CyberGuy" Knutsson offers Windows 11 restart fixes: Update drivers, run system scans and check hardware.

Sony and Honda's Afeela 1 EV launches with advanced tech and entertainment for $89,900. Tech expert Kurt “CyberGuy" Knutsson gives his takeaways.

Saving Money - 35 Pieces of Advice to Save

Wealth Building