Asset Planning, Inc Blog

The latest from the team.

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.
Continue reading
  1131 Hits
1131 Hits

Search Blogs Module

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