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
  1546 Hits
1546 Hits

Search Blogs Module

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