Sm saving money and energy at home

Save Money and Save the World Saving money is the game now if you really want to bank on a good future for you and your family. This is one definite way to ensure that you make yourself able and ready for whatever big plans you have ahead, be it getting a new house, buying a car, sending a kid to college or even a grand vacation. There are many ways to save money. It can range from setting aside a portion of your monthly paycheck or avoiding the little temptations for you to spend. Make it your goal. Start at Your Own Home Saving money should be part of your way of life to make it most effective. It is best that the effort to save be shared by everyone in the family. Little Efforts Do not drive if you really don’t have to. If you can, just take a walk or take the bus. Riding the bike can also be very good for your body. Have a car pool with friends or neighbors. You can also suggest doing errands together like doing the grocery store. Avoid the little temptations that may come your way. It is naturally fine to reward yourself after a hard work every now and then, but do stay away from splurging. Cut back on your expenses. Use Less and Save Energy Electricity - Turn off appliances that are not used. Turn the TV off if the show is not worth it. Close the refrigerator after getting what you need. Use lower wattage bulb for rooms that do not need much lighting. These will definitely add more data to your savings! Water - Check for any leaks in your pipes. Always make sure that the faucet is not dripping. Avoid long showers. Use a glass when brushing your teeth instead of leaving the faucet on. Phone – Choose a provider that has savings plans especially for long-distance calls. Gas - Have your car tuned up so you can save on gas. Get membership benefits also from stations. Fill up the tank when the prices go low. You can also do a research on gas saving cars if you have to purchase a new one. Turn off the air conditioning. If there is no need for that, simply keep the windows open. Enjoy the ride and the cool wind. You may not realized this before, but your household’s basic utilities can actually be your key to saving more money. This has a two-way benefit. You get to save some dollars for your family. You also contribute in addressing the energy crisis.

Sm self discipline and saving money

Self-Discipline And Saving Money A great way to save money is to be aware of the fact that one has the power to define the state of his finances specifically through a conscious effort of disciplining the way one spends and controlling one's expenditures. Self-discipline will most definitely be the key to reducing one's debts therefore increasing the possibility of growing one's savings. And in the long run, improve one's standard of living. According to money management book author Robert Hastings, "Undisciplined money, usually spells undisciplined person". Therefore, if one notices how his hard-earned money seems to slip away so darned easy, then it is about time that he rethinks his ways and try to discipline his unpleasant spending habits. One of the essential keys to successful money management, specifically saving money is to possess proper attitude. Self-discipline is at the topmost of this proper attitudes list, of course. Only with self-discipline that people recognize that they do have the freedom and power to do the right thing over doing as their impulses dictate. Sounds complicated? Well, not really. Knowing fully the fantastic rewards of disciplined money in a disciplined person's hands should be motivation enough for one to do all that is humanly possible to achieve that elusive financial stability everyone hopes for. Here are some helpful money saving tips. 1. Realize that the most convenient method of building one's wealth is through saving money. Money is the only sensible material to save. 2. Focus expenditures on the things one needs. Live day-by-day knowing that you have enough. 3. Avoid buying on impulse. Take your time when buying, especially the expensive items. If you really need it, it would most definitely not slip your mind. Otherwise, if you go along forgetting all about it, then it isn't really worth the money you have to spend on it at all. 4. Credit card debts hold the number one slot as the cause for financial drains these days. Control your spending by using your credit cards less. Or for unavoidable circumstances when you really have to use the credit card, consider using the ones that charge less interest. Then dump the high interest ones for good. No matter how you look at it, saving money is so easy to do. A little bit of imagination, some creativity and a lot of self-discipline will take you a long way in keeping hold of your hard-earned money.

Sm saving money on electricity

Saving Money on Electricity: A Money-Saving Maintenance An electrical appliance that does not work at maximum capacity results in less than ideal performance and higher electricity bills. That is why it is best to save on electricity in order to save more money. Here is how you can get everything saving up: 1. Keep your appliances clean and well maintained. Regular cleaning and maintenance keeps your appliances in top shape, hence, it will perform better and consumes lesser energy. Energy saved is money saved. 2. Have an annual checkup by a qualified service technician. This can reduce the appliance’s operating costs by as much as 20%, extend the life of the system, and improve its safety and air quality. 3. When using air conditioners, it is best to establish your comfort temperature, and then setting your thermostat at that level permanently. This will definitely save on electric bills because the air conditioning unit takes less energy to cool air four to five degrees than it does to cool air eight to ten degrees. 4. Replace any items that may have been 10 years or older already. Old appliances are most likely not at their optimum efficiency. By replacing them, your electric bills may be cut by half. 5. If you experience a power outage, make sure you turn off the switch on your appliances and allow time to pass before turning the appliances on again when the power returns. 6. In refrigerators, do not overstuff compartments with bottles and plastic containers. Cool air must circulate freely to avoid overworking the condenser. Also, try not to leave the door of your refrigerator as open as possible or open longer than what is needed. This will have the tendency to allow the cool air to break out. 7. Always try to look for the “energy saving” logo or notes whenever you buy your new appliances. Buying an appliance with a logo that states it consumes lower energy, it will definitely let you save more money on your electricity. 8. Always use energy saving lights or light bulbs. These energy saving lights or light bulbs usually last up to 12 times longer. Plus, energy saving light bulbs consume less energy. Hence, you will be able to save more money just by saving on electricity. 9. Use energy-saving facilities at home like energy-saving windows or energy-saving appliances. This will lessen the consumption of energy and, thus, will let you save on money. For instance, use a “double-glazed” window instead of the ordinary window. 10. Use insulators at home. This will not let the warm or cool air out, and vice-versa. Indeed, saving on electricity will definitely save more money.

Sm money saving coupon

The Benefits of Using Money Saving Coupons One great irony of life is that people find it so easy to spend money and yet, they find it doubly hard to save money. Almost 80% of the consumers, according to some surveys, tend to spend their money easily and find it hard to save even just 10% of their income or any amount of their earnings. They always insist that they have more expenses than they can handle; that is why it is so hard for them to really create a hefty amount for savings. What people do not know is that they can easily save more money even on their daily expenses if they just know how to do it. The point is that if they were really wise consumers, they would definitely take advantage of freebies and discount items that can absolutely cut their expenses almost in half. One of the best examples is the utilization of money saving coupons. The problem is that many people are still not aware of the benefits that money saving coupons can give. They contend that these freebies just offer such a little amount of money and that they can be better off without it. Therefore, for those who are not yet fully aware of the benefits they can derive from these money saving coupons and what they can do in order to save more money, here is a list of some of tips on how to use these coupons for a cause: 1. Look for the right places If you are not yet aware of the right places where you can get excellent money saving coupons, try to look in your local newspaper, especially the Sunday editions. It’s one of the best places where you can get discount coupons. Usually, different establishments provide discount coupons to entice consumers to buy their products. That’s why they use the paper to distribute their freebies. 2. Shop online Online businesses also provide money saving coupons. What people do not know is that online discount coupons provide more money saving percentage than what the newspapers can give. Best of all, it is so easy to accumulate discount coupons. All you have to do is to sign up for the online business and you can easily get some of their freebies. 3. Coupons are great money savers The very advantage of money saving coupons is that they can cut your bill to almost 50%. Indeed, using money saving coupons can definitely save you more money than what you have expected. So, for those who do not know this yet, try to cut more coupons and start saving.

Sm saving money and your bills

Saving Money and Your Bills: Tips on How to be Money Wise I used to love going to the supermarket. But nowadays, I make my trips short and sweet. I have a list and stick to it. My trips to the supermarket made me realize that it’s getting harder and harder to stretch that dollar. With all those bills that you have to pay in a month, you really can’t do anything about it but to save. I read once that it’s not how much you earn that ensures a comfortable and happy future; but it’s how much you save and keep saved that matters. That is why it is really important to save money especially when it comes to your monthly bills. Some people do not just realize it but saving on their monthly bills can provide the best money-saving opportunity for them. Here’s how: 1. Turn off appliances and lights when not in use The logic is basically simple. Why would you leave something turned on when nobody is going to use it? That’s definitely a bad habit. Hence, if you really want to cut back some on your electricity bill, always turn off the lights and your appliances when not in use. 2. Use energy-saving lights Nowadays, saving on your electricity bill is not impossible because you can opt for energy-saving devices such as lights. Using these energy-saving lights such as fluorescent lights consumes lower amounts of energy but can still give the suitable amount of illumination. 3. Always check for the leaks Water bills can create a mountain load of pile on your monthly dues if you do not check on the things that might cause your water bill to rise higher. You can prevent this by ensuring that every pipe is free from any leaks. Some people do not just realize that single drops from leaking pipes could mean additional costs on your water bill. 4. Be more tech-savvy Cut your phone bill to almost half by simply being tech-savvy. That is, opt for the emails and chatting services of the Internet instead of using your phone to call long distance to your relatives and friends. 5. Try to insulate your home Insulating your home is a definite energy-saver, money-saver scheme. You will never know how much money you can save on your electricity bill when you start to insulate your home. Indeed, cutting some of your bills can definitely allow you to save more money. You just have to be wise on your home and everything that you have in it.

Sm how moms save money for their family budget

Budget Like Mom Budgeting is truly the turf of most mothers. Aside from the traditional role imposed on mothers as the one who budgets the family finances, mothers have the instincts and foresights on what might happen in the future. But how do moms really stretch the budget? She neither uses complicated formulas nor magic tricks but simple ingenuity and common sense. Peek in through moms’ secrets in budgeting and learn. Role modeling is a good way to encourage attitude, especially towards money. 1. She clearly knows where all the money goes. Usually it goes to child care apart from the housing, health insurance, food and clothing. It is unlikely for her to cut cost on her children. 2. She studies all options given to her in terms of child care. Before she decides, she examines all aspects like safety, health and education. 3. To understand more, she talks to local child-care specialists and works out schedules with her employer for bonding time with kids. 4. For working moms, it is double the effort. They take care of the house and the children and at the same time work. She incorporates practical ways to accomplish both roles. • Wearing professional clothes than trendy ones. • Stays elegant but simple through a combination of basic colors. • Dry cleaning costs a hefty amount, so, she dons on wash-and-wear clothes. • Tone down on accessories. • She engages in a lot of do-it-yourself habits like in cleaning spots and ironing wrinkles in her personal wardrobes. 5. Moms always shop with a list in her hand to keep track of her budget and expenses. She makes sure she does not exceed. Also, she has no time for checking out tempting stuff at the shopping mall.

Sm saving money and part time jobs

Extra Money for Your Extra Time Earning extra money for your future, that is definitely not a bad thing! However, is it an easy thing? One definitely wants that for a stronger foundations for the future, but how can you manage? Saving Money One of the better ways to have a more secured future is to have more than enough money in your bank account, to be more liquid. Time is Gold Sometime in a day, you may find yourself with nothing to do. You can either take this time to rest, to sleep, to read a book or any of your favorite pastimes. Basically anything will do just to keep you sane and as long you do not have to spend too much money. However, instead of looking for activities that will not be too costly to maintain, it is better to pursue things that can even help you earn money. If you have enough free time, consider taking a part-time job. More than saving money, you can even expect more dough into your savings! Why Should I Get a Part-time Job? ? It can be a source for your extra money for your savings. ? You make good use of your free time. ? For a student, the experience can teach a lot about life and the real world. ? You can meet interesting people. ? There is the possibility of discovering new skills or passions. ? Getting a good part-time job can actually be a start to a more serious endeavor. Getting a Part-time Job It will be relatively easy to get a part-time job. You can look up the posters or newspapers. Inquire in different establishments for openings in part-time positions. Ask friends who may recommend you. You can even provide services of your own skills like tutorial, writing or painting. The job may require from you a few hours of your week. It can be something you do in the afternoons, during the weekends, or during school breaks. You may feel challenged by exploring this new possibility in your life. You will have to balance your part-time job with what you regularly do. Simply manage your work and time properly. Save time too. Do minor tasks when traveling or waiting. Give no room for distraction, procrastination or cramming. As long as you keep track of your extra earnings and savings, in the long run, your part-time job will definitely help do wonders to your plans in the future.

Sm patience and saving money

Patience: The Virtue That Saves Patience is a virtue. It takes some character to exhibit such levels of moral excellence, but did you know that by doing so, you could save money at the same time? Read on to find out how you can economize by emanating the virtue of patience. Have the patience to walk instead of drive. It saves you gas, parking and the stresses of driving. Walking improves your health and well being while saving gas money. Be patient: compare before you buy. From personal clothing to health club memberships, from plumbing services to insurance plans, from car accessories to a new home; compare the offers of 3 to 5 suppliers or service providers before finally settling with one. Let them know that you are taking the time to search the market and they may just be able to offer you the best savings. Truly, the patient consumer is a winner! Use coupons as much as possible. Be patient in cutting them out and going through them before making any purchase. Pack them together with your grocery bag or in the car so you can use the discount voucher at every opportunity. One can save $20 - $50, just by using the coupons. Track your expenses. Have the patience to keep your receipts and record all your expenses, no matter how small or frequently they occur. By doing so, you are made aware of where every single penny goes. Furthermore, you will know when you have spent too much on clothing, when in fact you still need to settle your credit card balance, or pay the mortgage. You will have a better hold of your financial health, by patiently tracking your finances. Hold-off and sleep on it! If you are about to purchase a $100 item, hold off the purchase until you’ve given it much thought, say sleeping on it for 1-2 nights. If after such time, you decide that you absolutely need and can afford the purchase, then go ahead. Nevertheless, you’ll be surprised at how much you can save by just sleeping and thinking things over. Devote money in long-term investment. Understand that when you take up long-term investment, you do not need the money for now, and it is not considered as part of your daily finances. However, such money when set-aside will reap great rewards in the future. Exude moral excellence by patiently saving for years to come, starting today!

Sm self control and saving money

Self-Control and Saving Money Self-control is one of the many virtues that is something that can be learned by each and every person. And learning it will prove to be very significant in the way people handle their finances. Possessing a sense of self-control somehow helps people to put aside money instead of spending it. It helps people to resist the terrible "itch" they get to spend money the moment they get hold of it. This is a common pitfall for most people. Often, when people come into a certain amount of money, they have this tendency to rush out and instantly satisfy the irresistible urge to splurge on anything they lay their eyes on. This is a very dangerous mistake. Sometimes people fail to recognize the idea that the future has to be considered, too, whenever spending and savings enter the picture. The clichй "nothing is constant" still rings true until today. The stuff people see now as shiny and new will fade and rust away later. And patience and self-control makes people realize and think about the many other more important things that requires more of people's concern, specifically money-wise. A person's financial success starts with a conscious effort to control one's expenditures and save up for the future. Realizing the high correlation of self-control and saving money, the next question is, how do we start learning and acquire this virtue of self-control, which seems so elusive? Well, there are many ways which people often take for granted. Here are some of the less complicated ones that are easier to follow. Learn them, and hope they grow on you. Try to apply these easy steps in your daily living and surely they will bear you wonderful fruits on your way to financial stability and security. 1. Do not purchase items on impulse. Consider thinking if you really need the item, or maybe you can still put it off for later when you really have the need for it. 2. Identify the your needs from wants. You wouldn't want to spend so much on something that you may regret doing so in the future. 3. Look for a person who can serve as a role model for you and adapt a financial life similar to what he does. In this way, self-control will seem very easy when you see that others are actually doing it.

Sm save money on credit cards

Credit Card Savings Having a credit card is very convenient since carrying a lot of cash becomes unneccesary and you might even have a hard time leaving your credit card at home. But with its advantages comes also its disadvantages. Since you can always buy things without carrying cash around, you are always tempted to buy something that you come across. If you have excellent control on your finances then good for you. If you have a hard time managing your credit card, then these pointers can help you. Get organized First thing's first, obtain your credit card records to have a better idea of your spendings. Be sure to double check the records for errors and ensure its accuracy. A good example would be to find out if you have outstanding debts that should not be there as well as the accuracy of the listing of your former and present address. Evaluate your credit card Go over your recent credit card records and look at the interest rates. Some credit card companies have promos wherein they offer lower interest rates for a period of time and this promo may already be over yet you have no idea and are already paying at a higher interest rate. Also take note of the membership fee which they charge annually since some have very high membership fees. Consider cancelling this if you are not using it frequently. Pay on time It is important to pay your bills on time since it can have a negative effect on your credit record or rating. You will also be able to avoid getting charged because of not paying on time. Try asking the credit card company to remove the overdue charge if you have forgotten to pay it on time for the first time. Manage your debts If you see that you have more debt than what is comfortable, think ahead and plan out how you will repay it or at least reduce your debt. Devise a way to pay more than what is required of you so that you will have a reduced payment schedule. Prioritize the card that has the highest interest rate. Do not bring your credit card always when you go around since temptations abound. Don't bite more than you can chew As the saying "don't bite more than you can chew" goes, do not spend more than you can afford. True, a beautiful gold bracelet may be enjoyable to wear but its price tag may mean paying a lot for the next months. If you are bent to save money when using your credit card, unnecessary items like jewelry and the like should be at the bottom of your considerations.

Sm setting up a family budget

No Fret Family Budget For some, the idea of a budget is often a blur. It is frustrating to see how hard it is to do a budget and realizing that with one wrong purchase, you can actually ruin the entire thing. And this has been a perennial headache for most homemakers. It is about time to overhaul the way people look at budgeting. It can actually be a great way to keep track of your family's expenditures and help you evaluate the things that you spend the lion's share of the family's earnings on. What is a budget? A budget is a tool for handling your finances by controlling the family's expenditures in a way that money is enough for paying up bills, and still ensuring that savings are set aside for future expenses - vacations, or children's education, or even for retirement. Try these simple steps in preparing a no fret family budget, and see the benefits of intelligent spending. 1. Gather three months of your pay stubs and get your average monthly earnings. 2. Get out three months of your monthly bills. Do this for the fixed expenses like the rent, phone bill, car payments and other loans that come monthly. Add them up and get the average. Do the same for other expenses like groceries, and credit card bills. 3. Evaluate the results of your computations. Looking at your average monthly earnings against your monthly fixed expenses and other monthly expenses, think of some ways to economize. Cut back on some items that are somehow unnecessary. 4. Knowing the facts of your income and expenses, develop a family budget and try to stick to this monthly budget. 5. Now that you have a monthly budget, set up a savings account. Save up by making regular deposits to this account. 6. Keep track of this monthly family budget just to see if it is working for you. Try to fine-tune the "rough edges" of this budget as you go along. 7. If you can get hold of a personal budgeting software or spreadsheet application to keep record of your budget, the better. This will make organizing your expenses very easy. These are the basic steps in developing and implementing a no fret, easy to stick to monthly family budget. Of course each family has diverse needs and wants. You have the freedom to develop your own monthly family budget, depending on your family’s financial background and needs. No matter how you do it, just focus on the end result, which is building a savings that leads to a bright and financially stable future for your family.

Sm how to budget your money

TAKE CHARGE OF YOUR FINANCES: TIPS ON BUDGETING With prices of commodities increasing day by day it is proper to make your very own strategic plan on maximizing your financial resources and making sure that every penny earned is well spent. Make your move on coordinating your finances and list of expenditures that may affect the way you use your income and empower you on your economic stability as a working individual. Your source of income, lifestyle, spending habits, current job and house location, cost of living, payables and loans determines your level of budgeting needs. Starting to take charge of your finances is one sure way of becoming successful in a field of self-fulfillment and success. The following tips and recommendations will provide you details on how you can help yourself manage your finances and assume a new outlook to become responsible in your spending. Ш Treat Math As Your Lifetime Partner – Do the entire math in your purchasing needs. Try to compare prices across your current location for the price of a range of grocery and household items you need in a day-to-day basis. Save as much as you can in an item you are trying to buy. Chinese businessmen exercise effective buying techniques. They save as much as they can and usually purchase in bulk to increase their revenue index on the item they plan on selling as well. Ш Gambling – Gambling tops the chart in making your life as chaotic as it could get. Gambling strips you off your finances and keeps you vulnerable from the threats of bankruptcy. Ш Know Your Wants and Needs – Limit your spending on something which you are not in dire need of. According to a recent study, luxuries are second to gambling in terms of the degree of money-stripping capability. Ш “Do Not Spend More Than you Earn” – Rags-To-Riches stories do not fail to mention this famous clichй. There is always truth to this phrase for you cannot live in a world where you consume more than what you can produce. Ш Keeping A List – Making your own budget list is vital to your success to becoming prudent. A wise buyer needs to consider the amount of a certain commodity and how will it impact his life as an individual. An unconscientious consumer would not care about what is being purchased as long as he or she has money to buy for them. Unless you are someone who has a considerable amount of wealth and income resources, you can not afford to disregard this recommendation and go ahead with your practice.

Sm saving money on school expenses of kids

Cutting your Kids' Schooling Costs Whenever the school season is just around the corner, there's only one thing that parents are thinking about - the impending costs. Education is a primary right and a pertinent need of every child but it can become very costly. Availing of scholarships and education grants for your children is the best way to get them through schooling. But of course, only a small percentage of children can be given these privileges. There are simple and effective measures that parents can employ in cutting the costs of their children's schooling, especially during the back-to-school season. Most often, these measures are often taken for granted, but don't miss out! Organize and Save Keep an inventory of your children's school supplies and keep it organized. If you are not organized, you will be spending more money on replenishing your supplies. Small things like pencils and crayons may not cost too much, but if you replenish your supplies unnecessarily, you are losing valuable money. You should also try involving the kids when making the inventory. This will give them a sense of ownership for their things and would know where to take and put their things. Tax Holidays Tax holidays are often offered by many states during the back-to-school season. Price ceilings will be put on different school gears. You might want to do a little research and ask about the schedule and the details of the tax holidays in your area. Bulk Buying It's a basic economic principle - "the more you buy, the more you save". Well, this is applicable if you are buying a specific item which you will really need in the near future. In buying pencils, for example, you might want to buy a box rather than buying one for each of your kids. Face it, you will be needing to replenish these after some time, so might as well avail of the lower price by buying in bulk. Transportation You might want to consider buying your child a bicycle for him to bring to school. This, of course, is not always feasible. Finding a cheap and safe way to bring your children to school daily is an important thing. Car pools and school transportation services are options that you can look at. Snacks Whenever you have the time and energy to prepare food for your children, do so. You will not only be saving on the pocket money that you will give to them but you are also secured that your children are eating healthy and safe meals. Getting your children through school is a hard task and a costly one. Saving money through practical and simple means can assist you in this endeavor. The benefits will eventually add up to bring a brighter future to your children.

Sm list all your expenses to save money

HOW TO SAVE MONEY BY DEFINING LIST OF EXPENSES With the institution of malls, affordability of technology, and rising cost of health care, loans, and rising inflation, it has become very difficult for one to spend less and save money for future use. Current statistics show that banks are showing a considerable decline on each bank account holder’s savings and have shown an increased in the number of withdrawals per month leaving people little money to spend before the next salary strikes their account. Along this fact shows a relative increase in the amount of spending made in private institutions marketing different products. While these facts and a host of temptations are a commonplace scenario in the real world, there are many ways by which you can keep yourself from getting into the hype and aid you in creating and developing your personal and unique habit of saving a few dollars from your basic salary. Ш Compulsive Buying – Given enough money, 7 out of 10 people lure into the idea of buying a personal item they like in a store at a first glance. In a simulated sociological study, people who originally planned on window-shopping ended up buying personal stuff if they are taking their personal bankcards with them. If you are doing window-shopping, limit your spending to a few bucks and try making your list the next time you plan on buying such items. Buy only the store items you need and abandon those that do not satisfy an immediate need. Ш Budgeting – Along with your pursuit to saving money, it is also important to keep an organized and effective, yet reasonable budgeting technique. Budgeting eliminates buying temptations that would tend to build up during malling and help you save money along the process due to preformed lists of items you need to buy. Ш Performing Price Comparison – The World Wide Web provides a great avenue on providing a checklist of prices on specific items that you plan on buying. This is great for you if you are into bulk buying and plan on conducting your malling activity in one place. This will give you a good idea if the usual store from where you usually get all your everyday household needs provides you a reasonable price for specific products. Ш Take All the Convenience At Home – Lunch, snacks, and major meals are something which you can prepare at home. If you are serious on saving money, you can prepare all this from home and get away with some amenities of the gut by replacing soda with water. This is not only beneficial to your pocket but does a great deal for your health as well.

Sm importance of saving money

IMPORTANCE OF SAVING: SAVING THE BEST FOR LAST The value of money cannot be underestimated. In a recent national survey, more than 96% Americans agreed that early monetary savings would help one achieve a fruitful and stable life. Saving is a way of insulating oneself from the many symptoms of health and natural adversity. While an average youth of yesteryears thinks more about short-term financial goals such as purchasing a new pair of signature shoes, owning a new jet ski or a brand new car, statistics show that more and more are starting to realize the importance of keeping a personal savings. Long terms goals are described as goals that have a lasting effect should a person’s present actions be religiously maintained. The following statements are outlined to provide information and tips on how you can start up your money-saving gimmicks and ensure a happy and financially stable future and list the reasons as to why saving money should occupy a greater place in our list of priorities in life. Reasons for Saving: Ш Saving for your Future and Present Needs – Saving today will provide you with flexible financial resources in the future. Keeping at least 20% of your monthly earnings while using the other for your household, personal and unexpected expenses will surely play a big part in your pursuit for a stable future. Ш Saving for an Investment Need – Savings can also be a source of your future capital for engaging in business enterprises. It will provide you more opportunity for venturing on your unexplored talents and earn you a huge potential in increasing your money exponentially. Ш Saving for your Retirement – More than 23% of today’s elderly were shown to have failed in one instance in their lives, to save and strategically used their money for preparing their way to retirement. As a result, these folks extend their entire retirement career working on an equally satisfying job that pays them enough to cover their basic expenses. Keys to Fulfilling your Saving Goals: No matter how good our intentions and objectives for saving are, we should also take note that goals can fall and touched the following baselines or characteristics. Ш Attainability – Goals should be something attainable and one which can be achieved without you doing something extraordinary or illegal. A little amount of patience and hard work are key. Ш Consistency – Changing your goals from time to time due to incidents that may arise in the near future are sure ways to deterring your intention to save. While we need to focus on the present incidents, we also need to take hold of our original intention and continue until you have gained enough leads to get it.

Sm advance method of saving money

Methods Of Saving Money Saving is basically putting aside money or a way to utilize your present income for future use. One saves for several reasons such as for a college education, buying a new car, for a new TV set you wish to acquire in three to four months time, for down payment on a home, or to provide for yourself when retirement comes. As much as there are several reasons for saving, there are likewise many methods in which one can save. In most instances, the best method can be determined by whatever plans you have for the future. 1. Savings accounts. When saving for just a short period or for emergency purposes, consider opening a savings account passbook, as it is in this method that you can easily gain access to your funds. Great for both long and short term savings, you can deposit and withdraw money to your account and earn interest, based on your average daily balance. A minimum balance is required to be maintained though, and you are charged with a penalty should you fail to maintain it. 2. Checking account with interest. Here one can benefit from checking account conveniences, while your deposits gain interests. Generally these types of accounts grants privileges such as limitless withdrawal and check writing, access to ATM and bill payments that can be done online. This method typically requires a daily maintaining balance of at least $2,000. 3. Money market insured accounts. For long-termed goals, this method is ideal, as it generally offers a much higher rate of interest compared to a regular or standard savings account. The interest rate usually is dependent on the amount of money in your bank account; larger balance means higher interest. 4. “CD” or Certificates of Deposit. This is a savings method requiring you to “loan” your money to your financial agency for a certain time frame, usually ranging from thirty days up to five years. Here, the longer the time span again, means higher interest. Keep in mind that usually insurance companies offer better deals on interests compared to banks, so before you invest, compare rates first! At certain times, when your goal is many years away, it can be a wiser decision to save money in a certain way that you are not drawn on using it other than the main reason for saving it. Deciding on the right financial agency such as a bank, credit union or insurance firm can bring about a lot of benefit in your finances.

Sm saving money on clothes

High-low Numbers: Tips on Saving Money on Clothes Are you craving for the newest designer clothes, a pretty tank top, and that pretty dress? All this fashion comes at a price — you choose. Buying clothes these days is always a choice between the designer-made outfit or those cheap but quality items that you could pull together and express your personality in many different ways. Most experts contend that clothes can definitely make or break a person. They say that your personality is usually reflected on how you dress up. But it does not necessarily mean that good fashion would absolutely mean expensive clothes. Hence, you can still make a remarkable fashion statement without having to spend hundreds or even thousands of dollars just for your clothes. Here is a list of some money-saving tips when buying clothes that would turn other people’s heads to you but would not definitely break your wallet. 1. Do the math Choosing fashionable clothes can be really tricky, not unless you know how to do the math! So before you buy three sets of clothes that would cost you hundreds of dollars, try to go for the budget-friendly dozen of items that you can even match alternatively. The number of expensive items that your money can buy is definitely doubled or even tripled when you buy cheaper ones but can still make a good fashion statement. 2. Know what you want Saving money is definitely based on knowing what you want whenever you spend your money on something. If you know what you want, this means that you have researched the item, have compared them with the other items, you will be able to come up with the lowest price of the product. 3. Drive your way to a “thrift store” Usually, these “thrift stores” are non-profit organizations. This means that they are usually operating for charity. They give their proceeds to some charitable institutions. Hence, the prices of the clothes being sold in the thrift store are absolutely cheaper than the ones being sold in the department store. So that would mean many savings for you. Best of all, you do not only get to save more money, you get to do some charity work as well. The bottom line here is that when shopping for clothes, do not shop for the brand name, shop for the quality. Nowadays, you just have to be practical. Better spend your money on more important things than those designer clothes.

Sm saving money and credit

Shop and Save You have long known the credit card. It is said to be your ultimate gear when you go shopping. The plastic can even be a best friend to a happy shopper. Considering the times nowadays, this plastic seems to be the least practical option out there. It is actually the most convenient tool used for consumption when you are out of cash. It lures you to spend. Is there anyway for your credit card to be useful for your saving endeavors? Yes, actually there are ways that the plastic can be helpful. You CAN actually save money with that credit card. 0% Balance Transfers If your present credit card has high interests, you can transfer your balance to one with a low-interest or no-interest at all. It can offer you a 0% interest for a certain period and then a lower regular rate later on. A 19% interest rate can be transferred to one with 16.1%. The 2.9% difference means a lot, especially in the long run. Lower Interest Rates Look for one with the lowest rate among others to further maximize having a credit card. This definitely spells savings. If you do not have a balance yet, it is best to look for a card without annual fees. Take extra precautions, too, in assuming that the lowest interest rate is the best for you. Factor in your buying habits. You may be attracted to the low rates, but the end result may not be desirable if combined with the annual fees and the like. Rewards Program Reward points system and cash back programs are offered now. This can save you money. Maintaining a low balance despite your frequent buys will give you at most 5% off on purchases. There are even cash rebates up to 5% when you use the credit card at certain gas stations, convenience stores and groceries. This can be automatically applied to your bill, the more you can feel the savings you are making. Maximizing the Experience To reap the rewards, you must avoid the drawbacks. A prudent person will definitely look for the best deals and grab it right away but with some caution. Thus it is necessary that you read the details. Check the fees that may be charged and the penalty rates in case you delay. This may be the downside of the deal offered to you. For example, be careful of cash advance features of credit cards. Some of them can be very expensive. They can come with numerous fees and higher rates. Be wary! Spending cannot be avoided at times. Just don’t forget your goal, getting a good deal to save.

Sm how to save your money

EFFECTIVE MONEY SAVINGS TIPS Saving is your best defense against bankruptcy. It insulates you from possible financial loss and gives you the ability to expand your finances and create a money-generating business machine that will help you earn extra. Your potential to flexing your base income is augmented in ways that is not confined within the walls of basic employment. You can start up your own business, use it for loan purposes and earn interest on them while being used, among others. But the basics of it all lies in saving – spending less than what you earn and keep something enough for future use and for unforeseen circumstances. This article provides you with ways on how you can effectively maximize your financial resources and helps you manage your money by developing correct habits and outlook suitable for your goal. Ш Wants and Needs – You buy items because you need them. A need is something you cannot take away from a person for these things are vital to his or her very existence and without them, they are categorically considered poor or deprived. Food, shelter, clothing and transportation are the primary examples. In a modern world, car and phone gadgets are a necessary part of a busy working individual. However, unless you are receiving more than $10,000 per month, you basically won’t need to have a $40,000 to $50,000 luxury vehicle. The same is true for your telephone media. Having your own cellular phone is necessary but keeping up with the latest model or buying the all the latest releases are not practical and earns you more points on plunging into a staggering financial downfall. Ш Less Is best – Extravagance is the rule of the kings. While we sometimes need to afford a little affluence in terms of the food we eat, the body pampering devices and accessories, such as clothes and body-relaxing services, we also need to consider that these types of activities should only be reserved for special occasions and for cases when you have some excess left in your household budget. Ш Spend Less; Save More – Spending more than what you earn or produce is a bad habit that most people get used to doing everyday. Allocate a special percentage of your earnings to go into your savings accounts while spending the rest for your day-to-day expenses. Unexpected charges, such as the visitation of your relatives or a house party due to a certain celebration will be there to stay so you need not make some leeway budget on them and save them should situation not arise.

Sm practicality and saving money

Ten Practical Tips That Save Money Saving money is not as hard as it seems. Here are ten practical tips that you can do to begin saving money, without changing your lifestyle. 1. Replace incandescent bulbs with compact fluorescent (CFL) bulbs. CFL bulbs consume 80% less energy than incandescent bulbs, but give the same illumination. Make sure to buy only lamps and bulbs that have the Energy Star rating to ensure quality compliance. 2. Make a list when going to the grocery and stick to it! Anything that is not on the list is not a “need”, but merely a “want” so avoid busting your pockets for unnecessary items. Buy non-perishable consumables in bulk to benefit from bulk discounts. 3. Use coupons when available. Take the time and have the patience to clip and organize grocery coupons. When added together, savings from using all coupons in one grocery trip can be as much as $20-$30. Purchase dining and shopping coupons online and print them at home. Doing so can save you at least 50% on the face value of the coupons. 4. Buy online, whenever possible. Online stores pass their savings from rental costs and warehousing to the online consumer, thus they can afford as much as 70% off their rack price. When buying items online, Google it first together with the word, “discount code”. This can give you further reductions on the item you want to purchase. Try also online bidding: they offer at least 75% off the original purchase price, for practically new (slightly used!) items. 5. Take lunch to work. Buy potato chips and soda from the grocery and make a homemade sandwich and pack them in a brown bag. 6. Eat homemade dinners as often as possible. Plan menus that are practical and easy-to-cook to encourage eating at home. Save money by dining out only on special occasions. 7. Use everyday pantry items for skin and body care. Cucumbers, honey, milk, lemon, salt and baking soda are some items in your home that can also be used to take care of your skin. 8. Avoid shopping to de-stress. Try walking around the park or watching a movie instead. 9. Bring your own sodas and snacks when watching a movie. The cost of sodas and snacks are at least 25% higher in movie houses. Plus, homemade popcorn tastes much better: you can put on all the salt and butter you want! 10. Pay off your credit card balances each month and avoid finance charges. Better yet, use cash as much as possible, unless using plastic will give you a better deal (0% interest on appliance purchases, or cash rebates).

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