AS said in this clip we need to “live on less” and we can do it by thinking outside the box. We here in the United States have bought into the notion that we can just spend on anything and every thing we want to spend on. However the bottom line is that we need to learn to think outside the box and save so that we can build up an emergency fund just in case we get hit by an emergency.
It really is easy to do if we but figure out what we spend, where we spend it and stop spending so much on wasteful living. Check out this instant downloadable e-book Thrifty Living for ways to save on what you spend and live on less money.
As the days and weeks roll on in our economic downturn I will be sharing more and more information on what you can do to personally save and live on less money. Here are just a few simple ways to save money.
If you smoke—QUIT—you will save approximately $5.00 per day. That adds up to $1,825 each year. Now if you put that in the bank every week it will add up fast. Much better than putting into your lungs anyway.
Stop drinking expensive beverages like soda pop and drink more water. But stay away from bottled water unless Read more…
Families are learning to live on less money by taking control over their spending. It is one of those things we must learn to do because of the soaring prices and lower wages. We are seeing lower wages since the economy has taken a dive because men and women are either being laid off, their companies closing altogether, or slowing down so much that hours are being cut back. Overtime is a thing to be remembered and does not appear to be coming back into fashion any time soon.
In order to combat the problems brought on by our poor economy many families are taking back control of their spending and actually discovering that they can live on less money. Here is what the Gallup poll found out recently:
More than 4 out of 5 were making an effort to find the cheapest price for products they buy.
Because of the economic downturn, or recession if you would like to call it that, many folks are facing difficult financial situations that are totally new to them and learning how to live on less is necessary.
Elizabeth Kiss, and extension specialist at Purdue University, makes this challenge, “Handling financial situations can be challenging at anytime; however, Read more…
When we ask ourselves the question “What is financial freedom?” we sometimes think thoughts like this:
Financial freedom is having enough money to buy whatever I want whenever I want.
Financial freedom is never having to worry about making my mortgage payment again.
Financial freedom is being able to work when and only if I want to work.
Financial freedom is being able to do and go wherever I want to go and do.
In reality I believe that true financial freedom is in our minds as we get control over our finances regardless of how much money we have. In actuality it is simply getting total control over what we have and living within our means. One of the main reasons we are in the dire straights we are in with our economy today is because so many wanted to live way higher than they were able too. Buying houses too large and expensive, buying the bigger more luxurious automobile or SUV and basically living high on the hog.
We all need to learn to live on less and we will make it throiugh this recession or depression depending how you look on it
With the onset of this recession money is going to get tight for a whole lot of us. We are going to have to live a little bit different as far as spending is concerned. There are going to have to be some changes made in our shopping habits if we want to continue to be or get financially free. I have found a great little inexpensive tool that gives some great insight into this. Check this out and learn some great tips to save money. living on a dime!gives some great thoughts for us in these hard times. You will learn how to spend wisely and save at the same time.