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
  1805 Hits

Search Blogs Module

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