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
  860 Hits
860 Hits

Search Blogs Module

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