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
  1698 Hits

Search Blogs Module

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