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
  919 Hits
919 Hits

Search Blogs Module

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