Friday, November 13, 2009

Saving Money, Helpful Tips That Will Put More Money In Your Wallet

Saving money is a practice than more and more people are adopting everyday. Here are some common practices that cna put some extra money in your pocket.

•Conserve energy and electricity by pulling the plugs on all unused appliances in the house is a great factor in tucking away your money. It is not enough to just switch it off. Even if dormant, plugged devices consume 20% of electricity compared to when it is on. It still uses up energy which makes your monthly energy bill shoot up. Close the faucet when brushing your teeth. Use the shower only when washing and rinsing. Fill up pails rather than using a hose when cleaning your car. Try doing these small tips and in as little as one month, you will see a big difference in your utility statements. Pay on due date to avoid penalty and late payment surcharge on your next bill. Doing these activities for your real estate forms great habits over time.
•Will it be an inconvenience for you not to have a cellular phone and a home phone all together? The beauty of having a mobile cell is that wherever you go, you can be reached. What is the importance of a home phone when everyone else uses the cell? Technology has its benefits. If your purpose is to minimize on your expenses, you can drop the home phone for your mobile phone. That would be a few dollars saved up. Furthermore, send text messages if there is no urgency. Call only when it is necessary.
•Coupon-clipping. Cut out food coupons from magazines and newspapers or avail discount cards from grocery stores, supermarkets and establishments that offer such. Use them. It is not embarrassing to be economical. Try to avoid pointless purchases. Little amount procured on a day to day basis, when totaled, is a huge amount. Be frugal. Set up a budget that is enough for your monthly consumption. In this way, you will be able to add some more in that bank account.
•Prepare food at home to bring for lunch and snacks. A green salad and a home-made chicken sandwich is the healthier and more prudent choice. Limit eating out and spending too much on food when you can eat at home for a cheaper price.
These are only a few suggestions you can start at home which will significantly assist you on increasing your savings. In your own way, you can do some more which is compliant with your lifestyle. Anyway, the ultimate goal here is to save. You get to decide how you do it.

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