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