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
  1889 Hits

Search Blogs Module

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