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