Simple Ways to Jump Start Your Savings
With all the news concerning the down turn in the economy it is pretty easy to get discouraged when it comes to saving money. And with discouragement comes a lack of doing anything. Whatever you do do not let the media dictate whether or not you will start your savings. You can get control of your money.
Ever wonder how you will get that 3 to 6 months of living expenses socked away in case of emergencies? So had I so I set out looking for ways to add to my savings. Here are a few of those simple ways to kick start your savings.
The most important step to start your savings is to actually start! Don't think that too little is too little and not worth the effort. Even $10 each month is $120 a year. Hey, $120 is better than a sharp stick in the eye. And let's face the facts if you think that $120 is not very much then you can probably afford to save a whole lot more than that. Bottom line is that you need to start.
Another simple way to start your savings is to pay yourself first. This is so easy once you get past the initial shock of not having those extra dollars in your pocket. Rest assured that it does not take long and you will never miss them taking it out or you putting it in however you go about it.
Still another simple way to jump start your savings is to stop eating out and spending extra money on fancy drinks like cappuccinos and energy drinks at $4 a pop. Then put what you save into your savings account every week. Add it up and you will see yourself socking quite a bit away.
Every payday I set aside a grocery allowance for my wife to use for food and household supplies. She in turn is very careful in what she buys. She will clip coupons and buy what is on sale in order to cut the costs then she stashes the extra in a secret place until she has a couple of hundred and we put it into our emergency fund. We like the food she buys so if she tries something that is cheaper and we do not like it then she goes back to the more expensive stuff. Remember sometimes cheaper is not always cheaper.
Men, empty the change from your pockets every night into a special container. Ladies, clean out your purse of the change laying around in it every couple of days and put it into that special container. Not only will that build up your savings but ladies your bag will not be so heavy and men no boatload of pennies and nickles jangling. This can add up to $10 to $20 every month or $120 to $240 every year. I know not much but combine that with the other tips above and it adds up to a sizable amount.
Every little bit helps. The key is to start your savings today and don't wait. No sense talking about it and not doing it get started today, don't delay your financial freedom is worth the effort. You will be glad yo did when that financial emergency hits and it will they always do. But when you have some money socked away for it they seem to come less often. - 23199
Ever wonder how you will get that 3 to 6 months of living expenses socked away in case of emergencies? So had I so I set out looking for ways to add to my savings. Here are a few of those simple ways to kick start your savings.
The most important step to start your savings is to actually start! Don't think that too little is too little and not worth the effort. Even $10 each month is $120 a year. Hey, $120 is better than a sharp stick in the eye. And let's face the facts if you think that $120 is not very much then you can probably afford to save a whole lot more than that. Bottom line is that you need to start.
Another simple way to start your savings is to pay yourself first. This is so easy once you get past the initial shock of not having those extra dollars in your pocket. Rest assured that it does not take long and you will never miss them taking it out or you putting it in however you go about it.
Still another simple way to jump start your savings is to stop eating out and spending extra money on fancy drinks like cappuccinos and energy drinks at $4 a pop. Then put what you save into your savings account every week. Add it up and you will see yourself socking quite a bit away.
Every payday I set aside a grocery allowance for my wife to use for food and household supplies. She in turn is very careful in what she buys. She will clip coupons and buy what is on sale in order to cut the costs then she stashes the extra in a secret place until she has a couple of hundred and we put it into our emergency fund. We like the food she buys so if she tries something that is cheaper and we do not like it then she goes back to the more expensive stuff. Remember sometimes cheaper is not always cheaper.
Men, empty the change from your pockets every night into a special container. Ladies, clean out your purse of the change laying around in it every couple of days and put it into that special container. Not only will that build up your savings but ladies your bag will not be so heavy and men no boatload of pennies and nickles jangling. This can add up to $10 to $20 every month or $120 to $240 every year. I know not much but combine that with the other tips above and it adds up to a sizable amount.
Every little bit helps. The key is to start your savings today and don't wait. No sense talking about it and not doing it get started today, don't delay your financial freedom is worth the effort. You will be glad yo did when that financial emergency hits and it will they always do. But when you have some money socked away for it they seem to come less often. - 23199
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Do you want to get Get control over your money! We have just the ticket in Money Management Made Easy it will teach you what to do with your money and still enjoy life.
posted by X - Men @ 12:52 AM
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