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
  1901 Hits

Search Blogs Module

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