2 minutes reading time (412 words)

10 Money Saving Tips That Can Really Help Your Bottom Line


We recently came across an article written by Kraig Mathias with some great money saving tips and want to pass them along to you. By following these tips you can really help your bottom line and focus your extra funds towards saving for the future.

  1. Get out of debt and stop borrowing money. Pay off all of your debt now and do not buy more than you can afford to pay off each month. Having no more payments means you can save that money instead.
  2. Stop going shopping. While you are getting out of debt stop spending money on unnecessary stuff. You will not make any progress if you continue to spend money at the same time you are trying to pay off your credit cards. It is a vicious cycle that is hard to get out of.
  3. Eat at home and eat out very little. Eating out can be extremely expensive. You will be amazed at the amount of money you can save by merely eating at home more often.
  4. Make a budget each month. Once you sit down and make a budget for the month you will be able to see where all of your money is going and can cut out unnecessary spending.
  5. Think about the bigger picture. Set a goal for why you are saving your money. Once you have a specific goal it will be easier to say no to that daily cup of coffee at Starbucks and make one at home.
  6. Downgrade your disposable goods. You can save big time by buying the generic laundry soap instead of the name brands. They are usually just as good without the high price tag.
  7. Keep your living situation modest. If you are serious about saving money living in a posh apartment or driving that expensive sports car is going to put a strain on your savings potential.
  8. Learn to say no. You’ll have to learn to say no to an expensive night out with your friends. Try suggesting a low cost alternative. This is a big part in taking control of your discretionary spending.
  9. Learn to be content with what you have. If you are content with what you have you will be less likely to want more. Instead of going out and buying new stuff all of the time, try saving for it and paying in cash instead of charging it. You will be more satisfied with the purchase and that you earned the new item.
Checking Your Own Credit Score
Pets: They Truly Are Part of the Family

By accepting you will be accessing a service provided by a third-party external to https://assetplanninginc.com/

Search Blogs Module

Wait a minute, while we are rendering the calendar
paper records items water … stimulus package vision screening Federal Trade Commission website retirement accounts market turmoil Wells Fargo employees padlock Orange County Superior Court debt relief efforts CARES Act privacy settings home emergency preparedness kits pet industry flash drive vacation phishing sites retirement plans Part D premiums . FEMA website fun facts insurance policies Independence Day October 1 2020. 2018 IRA contributions asset Planning tax returns home security opt-out April 15 tax season trustee retirement planning clone counterfeits donation items Legal robocalls trust phone Treasury Department September 8 Medicare Advantage clients July weekend D premiums 23 andme check lists rescue organizations pet supplies Brexit vote July 4 April 18 2017. Medicare question bottom line credit score disaster areas hurricane Dorian Financial Planning Magazine payments pets credit card company 4 pm -8pm April 11 fun atmosphere scams Two-Step Verification Healthcare 70 1/2. cell phones business hours Ice Cream Social phone companies credit freeze non-prescripstion sunglasses Victor Dergunov earnings fallout emergency kit Kiplinger Letter “ skimmer ”. 20 year anniversary IRS breach information Facebook clients show support Auto insurance company app 900 number card reader life saver people medications earthquake app pet donation drive official certification spread driver license stock pile estate president Trump CA FTB Shred paperwork credit cards VOIP landline phones Social Security Administration integral member Kraig Mathias DNA test kits consumer spending summer IRA accounts credit monitoring service Notary Public self-help topics Charles Schwab investment statements family members memorial Day weekend Medicare plan Fox News story Affordable Care Act retirement Amazon 2017 TD Ameritrade National LINC Conference Orange County Part B Expired medications coronavirus health care costs contribution limit wells Fargo information home emergency kit Mobile Banking Security Tips Labor Day years ID card fees parking spots holidays approach media accounts drive /usb estate planning direction team members Social Security insurance policy Open House 2017 IRA contributions September 9 FSA interest National Ice Cream month CERTIFIED FINANCIAL PLANNER exam partner /owner offering insurance illiegal robocallers assets emergency folder cell phone SIM swap scam emergency kits home mortgages Medicare Part B borrowing money account numbers identity thieves settlement options text messages January 10 pet blog post prescription eyeglasses gap insurance identity theft COVID -19 virus interest rates Asset Planning cell phone carriers https :// Coronavirus Aid paperwork clutter 2017 Equifax breach Joey Gonzales car loans chip-enabled EMV cards donation counts policy email notifications 401K July 6 student loans birth certificates tax deadlines TD Ameritrade news coverage home banking operations manager jury duty June 29 Puerto Rico https ://seekingalpha money records Erin Nelsen EEChecklist-Kits.pdf stockpilingchecklist.pdf Open Enrollment home break-ins house sitter increase portal notary services Medicare Part B premiums tax records Facebook profile toilet paper ice cream client portal September 30 2020. markets CFP ® July 3 rd cell phone provider California Lions Friends executive order cell phone carriers offer Economic Security estate planning web address tax filing deadlines February 14 Medicare health care services checklists cell phone service provider privacy notices Supplemental Security Income IRS deadline Retirement Contribution Limits Roth IRA documents credit card fraud Flexible Spending Account spam phone phishing scams spring cleaning tax deadline Wells Fargo customers ice cream event