You often hear stats about how if you give up that morning cup of coffee at Starbucks, you’ll be saving x dollars per year. That’s great, but some of us just aren’t ready to give up that shot of energy in the morning. That’s okay! There are many other small changes you can make in your life that can add up to big savings over time. Here are a few to consider.
Tag: how can i save money
In part 1 of this series, we looked at ways to save big money by re-evaluating some of life’s biggest expenses – housing. Today, we’ll look at ideas to save big money on cars and education.
How much of your income should you be saving? A common rule of thumb answer used to be that 10 percent of income should go into savings. But 10 percent doesn’t really cut it anymore. Certified Financial Planner John D. Buerger explains what the new rule of thumb is and how to hit that target.
Advice on how to save money often focuses on the importance of “small things” – stop buying $4 lattes every morning, cancel your cable TV and magazine subscriptions, and so on. While these “small savings” can indeed add up to some significant amounts of money, the amount of time and effort that you put into scrounging up extra dough is often substantial as well. What if you really want to save some big money? It’s time to stop thinking small, and think big.
After living at home for 18 years, listening to my dad yell at me for turning the thermostat up one degree, I couldn’t wait to move into my own place. No more nights spent tossing and turning because it was too hot to sleep. No more lectures about turning my ceiling fan off when I left for school or about falling asleep with the TV on. I was a free woman. That was… until I got my first set of utility bills. Yikes! Suddenly it all made sense. My dad was right; and believe me, it pains me to say that. Now, I’ve been living on my own for going on six years and I’ve found that with a few simple steps, you can easily decrease those utility bills (with minimal effort) and save the environment while you’re at it. Not bad.
From eating out to shopping online, monthly bills to traveling, we have the dish on the best ways to save money in 2011. Get ready to bookmark this article, as you’ll want to reference it throughout the year so you can you hang onto your hard-earned cash while doing what you most enjoy.
Most consumers are looking for ways to stretch their income and maybe save more money for the future. If you get ever short on cash, the easiest way for you to solve this problem is to cut down your monthly expenses. Saving money may not be an easy task to do, but it’s definitely not impossible no matter what your personal financial situation is. Here are four easy ways for you to keep more of your monthly income.