With prices increasing all the time, saving money can be harder and harder to do. Here are some solutions for saving a little so that you can still meet your needs and still find ways to trim off a little for the future.
1. BUDGET ? Get one and stick with it! And set aside at least a small portion for savings while you're at it; savings for your future, your retirement, your education, your vacation, whatever. Head to your local office supply store for planning workbooks or budget sheets to use. Or head to your favorite search engine and type in, "budget planning" for hundreds of sites with articles, free downloads, tips, ebooks and other resources to help with your budget setup and follow up.
2. PLAN AHEAD ? Make sure to plan for emergencies and the unexpected, like an appliance break down or garage door malfunction. Even if you can only set aside $50 or so each monthly, place it in an account and earmark it for this "Miscellaneous" fund. Then when things go wrong, and they will ? nothing's perfect ? you'll be better prepared.
3. NON-MONTHLY ITEMS ? Work out a monthly payment for items that you don't pay monthly and set this up in your regular monthly budget. For example, for items like annual home owner or renter insurance, quarterly water bills and automobile insurance payments and annual trash bills, take the amounts and determine what they would be monthly. Then list the items on your budget log and pull these amounts aside, saving them in your account for those purposes. This way, when the bills hit, you won't be caught off guard and have to scrounge for the payments.
What works well, instead of handling multiple savings accounts for each company owed, is to use index cards and one savings account. Create one index card for each bill. Then simply log the amount you're setting aside on the card and deposit it into your savings account. Keep the index cards with your savings passbook to remind you what the balance covers. The total of all your index cards should equal the balance in your savings account. (Make sure to create an index card for your regular funds that you are saving each month in step one above and a card for your Miscellaneous fund in step two above).
So next time you get paid, take three giant steps forward. Grab your index cards, follow your budget and invest in yourself and your future. Get a grip on your money handling.
http://www.mydebtfreespace.com This site is dedicated to helping people manage their money. Latest news and articles are updated daily.
executive chauffeured services Bradford .. Madison to Airport carMany don't realize that our basic utility bills provide the... Read More
1. Don't focus on your finances.The reason most people get... Read More
Saving may seem easier if you were saving for a... Read More
Chapter 7The potential chapter 7 debtor should understand that a... Read More
Most consumers are aware of the importance of their credit... Read More
Get Access to Realistic profitable strategies & discover the mindset... Read More
Australians, in general, constitute some of the worst savers in... Read More
You should thoroughly consider your business needs when selecting a... Read More
The Prudential has dubbed those who refuse to leave home... Read More
Recent security breaches at several credit card companies continue to... Read More
If you, like most people, have not seriously considered what... Read More
You have probably accomplished a great deal with your life.... Read More
If you were to ask 100 women "What would you... Read More
Those who keep a watchful eye on where their money... Read More
Has anyone been to the gas pumps lately? Soon $3... Read More
Now that we are in the month of June I... Read More
With the advent of the internet and especially auction services... Read More
An avid cyclist and bike racing fan, I sit transfixed... Read More
1. Lighting & Light Bulbs Install low energy light... Read More
Frugal living is more than a lifestyle. It's a passion.... Read More
Finding a stable and secure income that will come year... Read More
One universal of humanity, no matter who you are or... Read More
Have you ever thought about what you are going to... Read More
Things are so expensive these days. We seem to be... Read More
Well, dang! From what I've heard and read, it looks... Read More
O'Hare Chicago prom limo ..Finding a stable and secure income that will come year... Read More
Has anyone been to the gas pumps lately? Soon $3... Read More
Recently, many of these loyalty rewards programs have come to... Read More
You should thoroughly consider your business needs when selecting a... Read More
Have you ever wondered what it would be like to... Read More
Things are so expensive these days. We seem to be... Read More
Are your financial muscles well toned and healthy or flabby... Read More
So, you've made the decision to apply for a credit... Read More
Have you seen the recent article on a new "green"... Read More
Sticking to a budget can be difficult, but with so... Read More
The gas that we fill our tanks with every week... Read More
You've analyzed your past expenses, put them into spreadsheets, loaded... Read More
1. Don't focus on your finances.The reason most people get... Read More
Before buying personal or business checks you should inform yourself... Read More
Many people spend their little income haphazardly without any planning... Read More
Gas prices have soared to unimaginable heights of late. Since... Read More
Holy Shenanigans! More STUFF?Loosing one's business due to lack of... Read More
We all know that money doesn't grow on trees, but... Read More
You no longer look at the pictures of homes cause... Read More
Debt levels are at an all time high in the... Read More
One of the simplest ways to improve your professional image... Read More
With the advent of the internet and especially auction services... Read More
Saving may seem easier if you were saving for a... Read More
Your boss has just informed you that your department is... Read More
Whatever your reason for having a tight budget, the truth... Read More
Personal Finance |