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Posts Tagged ‘control spending’

Two of the Best Ways to Save Money and Build Your Emergency Fund

March 20th, 2009

Even though the video above has nothing to do with my two best ways to save money I enjoyed watching it and does deal with saving money so enjoy it.

Since the goal of this blog is to entice us to become fanacially free learning the best ways to save money is an essential element. Here are two of the easiest ways top save money. Now always remember that we are saving this money so that we can sock it away in our savings accounts. The first and most important account is our emergency fund. We must get three to six months set aside for those unexpected thigns that will eat us out of house and home. So don’t just save money put away what you do save.

The first way to save money is to walk away from all those extended warranty sales pitches you get when you buy anything electronic, appliances and other large items like snowblowers and air conditioners. The stuff we purchase today is already warrantied for so many months and if it makes it through the intitial warranty it is very unlikely and very rare for them to break.

The second best way to save money is to buy your seasonal items during off-season times. If you can find a snowblower in April, May or June you will be able to save over and above 50% on it. If you are going to buy a snowblower for next Winter anyways then get it a few months early and then put what you saved into your emergency fund. The same goes for your lawnmower, fishing supplies or rototiller and the list is only shortened by your lack of imagination.

Here is a great place to discover more ways to live better and save more click here!

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Living On Less It Can Be Done

March 19th, 2009


Mad Money- Live On Less - For more amazing video clips, click here

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.

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A Few Simple Ways to Save and Live On Less Money

March 5th, 2009

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.

  1. 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.

  1. Stop drinking expensive beverages like soda pop and drink more water. But stay away from bottled water unless Read more…

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Families Take Control and Live On Less Money

March 4th, 2009

shrinking-dollarFamilies 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: