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
  988 Hits
988 Hits

Search Blogs Module

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