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Managing Money Info
-Financial
Strategies
Dealing with:
-Financial Emergencies
-Money
Issues Children & Credit:
-Allowances
-Teaching
Kids Credit Saving Tips:
-Saving Money
-Savings/Investing Calculator
-Trimming Expenditures
-Cut Grocery Store Costs
Budgeting:
-Why
You Should Budget
-Developing a
Plan
-Mistakes to Avoid
-Money
Spending Challenge
-Avoid
Wasting
General:
-Checking Accounts Money
-Credit Help
-Taxes
-Checking
Accounts
Mortgages
Auto Loans
Personal Loans
Credit Reports
Debt Consolidation
Credit Cards
-Home
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CUTTING MONTHLY EXPENSES
Is your money situation
tight? Below are a few
suggestions on what you can do
to cut down your monthly
expenditures and bills. Some of
these tips may not work for you,
but there should be a few that
you will be able to utilize. We
invite you take the 'spending
money challenge'!
Transfer Credit Cards to One
Account
Most credit cards have
interest associated with them. A
good idea would be to look in to
applying for a credit card that
offers a 0% APR interest rate
for balance transfers. This will
save you a great deal of money
on a monthly basis and allow you
to pay-off your credit cards at
a quicker rate. Be aware that
every credit card offer is going
to be different. Do your
homework and find a credit card
that is right for your needs.
Be a Smart Shopper
Avoid impulse buying. Do your
research! Check out deals from
multiple stores and/or websites
to ensure that you get the
lowest price possible! This may
take some time, but saving money
will be worth the effort! Rather
than doing impulse buying, you
will usually save a considerable
amount of money by looking
around for those better deals.
The money you save as a result
of finding good deals will leave
you with extra money for you to
use to
pay off credit cards or
to save for investing, or
whatever your needs are!
Reduce Your Bills
This means cutting back on
utilities like heating, cooling,
lights, water, etc.. When you
are not home, adjust your
thermostat cooler or hotter so
that you are not wasting money
making an empty home comfortable
as if you were there. This may
be easier for some than others.
Do the best you can.
You may also want to consider
changing your cable TV plan to a
less expensive one. In fact, any
home or cell phone or auto or
home insurance
plan should be shopped around to
see if you can receive better
rates.
Even if you save a few dollars off
each, the total saved can add up
to a significant amount!
Avoiding Eating Out
Eating out costs a lot of
money. Eating home will save you
money. Also, there is nothing
more healthy than a balanced
home cooked meal! Also, when
shopping in the Supermarket,
make a list with you before you
go. Not preparing a list will
likely result in you buying
stuff you do not need or do not
normally ear. In addition to the
money saved, eating at home
allows everyone to have more
family time together.
Keep Track of Where and How
You Spend Your Money
It is very common for
families to not track every
penny being spent. Try tracking
and analyzing where every penny
is going for two or three weeks.
You will likely see lots of
areas where money is being
wasted. Tighten up your spending
habits and continue to track
where all of your money is
going! This will allow you to
make wise decisions and save!
In conclusion....
As you become more aware
about where you spend your
money, and what you can do to
save money, you will soon find
yourself finding other ways to
save even more! It starts by
being conscious and making a
concerted effort to change!
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Car Owner Saving Tips! -
Learn how to save $$
buying a car and
purchasing car insurance! We
also teach you to
make your gas last while
commuting!
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