Six Fast Ways To Keep More Cash In Your Pocket Every Month

Twenty bucks here and ten bucks there can really add up over the course of a year to significant savings. There are lots of ways in which we waste money without even realizing it, or could be saving and don’t know it. Check out the following tips to save you twenty bucks here and ten bucks there that will add up to much more cash in your pocket every month!

Personal Financial: Keep More Cash In Your Pocket

1. Organize a car-pool and consolidate errands

Fuel is a huge expense for most people and sadly, there is much room for improvement in this area. Hook up with a few co-workers and see how much you all can save by pooling the expense. Also, make a list of your weekly errands and get them done all at the same time. This will save you a ton on gas and even give you some extra time to play with as well.

2. Reduce your energy bills by adjusting the thermostat

Just a few degrees will shave off quite a few dollars each month and you should hardly notice the difference. Transition the temperature by one degree a week until you see a nice drop in the bill, but before you feel uncomfortable. Dress in cool shorts and tanks in summer and slip on a sweater in the winter; once you see the savings, you will find ways to keep the cash coming your way and not to the utility company!

3. Give cable a second look

This can be a big bill for most households, but if you weigh what you watch in comparison to what you are paying for, you will probably find a lot of waste and room for improvement. Drop a few premium channels and find better ways to spend your time than on old re-runs, and you will quickly have an extra $10-20 bucks in your pocket or savings account!

4. Take the time to clip coupons

No matter how tedious you might think it is, cutting coupons can save you serious cash and that makes it well worth the effort. Coupons can save you hundreds of dollars a year on everything you need in life, so why not take advantage of this method of keeping more of your hard earned money where it belongs: cash in your pocket!

5. Opt for cash over convenience

Shopping at the corner store may be quicker than waiting in line at a produce market, but you really pay for it when the register rings you up. Plan your purchases accordingly and don’t buy anything except gas at a convenience store. Also, skip the gourmet coffee and keep up to a whopping $1200 a year more of your money!

6. Don’t dine out and save left-overs – Cash In Your Pocket

Now that you’re using coupons and paying rock-bottom prices for your food, don’t blow all the savings on restaurants! Dining out can cost you exorbitant amounts annually, so enjoy the comfort of your own home and watch the pennies pile up! Also, stop throwing left-overs out. If they usually just gather green fuzz in your fridge, plan portions better when you prepare the food.

Once you see the savings and start experiencing the exhilaration that smart cost-cutting can provide, you will become a more thoughtful spender! This will add up to serious savings you can put toward bills, an emergency fund or retirement account. Whatever you chose to do with the money, you will find that the effort you put in is well worth the cash you get out!

Maintaining Your Financial Fitness

Everyone desires to have a harmonious family life; but life can often be unexpected and the unexpected causes stress in family life. One of the things that can frustrate a stressful situation is poor finances. Having financial fitness is a way that families can avoid unnecessary stress. Financial fitness is a family affair; all members of the family can and should participate in ways to keep the family finances healthy.

One of the hardest parts of having a family is saying no on the extras. There have been many conflicts in the aisles of stores because a parent says no and a child throws a tantrum about not getting what they want. Many adults feel that children are unable to understand finances; however, teaching children simple ways to save money can help avoid these unnecessary and embarrassing moments. Try to explain the concept of money to your children, a perfect time to start is when children are learning to count. A favorite resource is the good old fashioned piggy bank. By teaching your child to save at an early age, you are establishing positive financial practices that will last a lifetime. If each time you go into a store your child wants you to buy something, having them use money from his or her piggy bank is a great way to teach them the value of money. This is a wonderful exercise to begin to include your children in financial decisions.

You do not need to be a financial advisor to teach your children about finances; remember, this is simply a way to improve family life. This does not mean that your thirteen year old will call the bank and find lower mortgage rates; however, you can say that to go on vacation, you cannot buy three video games at fifty dollars each. Inform your children, especially as they approach teenage years, exactly how much certain things cost. Most children when they first go away to college get their first credit card and have problems with spending it all too fast and keeping a high balance. Inform your teens of the dangers, responsibilities, and advantages of credit. Making them aware how credit can affect their lives will save them money in the future. Keep your lessons simple and remember that depending on the age of your child, there is only so much they will understand. A six year old will most likely not understand interest rates, but teenagers will soon learn about interest rates, so be the first to explain it to them.

Keeping Your Financial Fitness Resolution

To keep a family financial fitness you do not need to share the bad with your children, but you want them to have a realistic expectation of what money is and how it is good and can be bad if not properly managed. By teaching children how to use money responsibly, you lower your stress of overextending the family financially. Maintaining family financial fitness does not have to be a difficult job. Once you establish the basics, every member in your family plays an important role.

The time to spend frivolously and borrow excessively has long since passed. In today’s economy the financial advice that is most prevalent is to save and spend conservatively. Trying to switch gears and think that way can be difficult, but this advice will help.

Tips for Pay It All off!

Track the amount you are spending each month. You can never gain control of how much you are spending if you do not know what you are spending your money on. Take some time to write down your bills and track all of your frivolous spending habits too. Whether it is a five dollar cup of coffee or a thousand dollar sofa, write it down so you can understand where your money is going. A paper notebook is a fine tool to use for this, or you can track with a number of different software programs of your choosing.

Start saving some money every month. Once you understand where you are spending your money, you can make some positive changes so that you are spending less than you are bringing in. When you have a bit of excess money in your account, make efforts to save it for a rainy day. Your goal should be to eventually save enough to pay it all off your expenses for a period of six months, so that you are covered if unemployment or loss of income should ever strike.

When you are looking for ways to save, one of the easiest things you can do is reduce the cost of your bank accounts. Talk to your bank about a free checking account and if they will not offer one, find a bank that does. A free checking account can save you up well over a hundred dollars a year, leaving that money free for pay it all off down debt and saving.

Stop using your credit cards. Another important part of managing your finances is to control your debt. Credit cards equal debt and large credit card balances are often the result of frivolous spending. Lock your credit cards up, or better yet cut them up, so you cannot use them. Work to pay it all off your balances and then only use your credit cards if you can pay it all off them in full at the end of each billing cycle. This will improve your credit score and eliminate a large portion of your debt.

If you are having difficulty with these steps, consider turning to a professional financial adviser. Sometimes finding the path to fiscal responsibility is difficult. Even when you try, you cannot seem to save enough or reduce expenditures enough to really make a difference. If this describes you, then it might be time to turn to a financial professional. These individuals can help you to create a budget, make contact with your creditors and learn to save. Make sure to only work with someone who is reputable and avoid anyone who tells you they can instantly eliminate your debt or improve your credit score.

It is not impossible to get your finances in order. Following the right steps and becoming diligent in managing your finances will go a long way toward helping you to reduce debt, increase savings and get yourself on the path to financial freedom.

Keeping your had earned money in your wallet can be quite a challenge. Luckily, it does not have to be difficult. With some simple changes, anyone can be successful in having their money where they want it. Read the following article and you will find out just how you can keep more of your money in your wallet.

Keep Your Hard Earned Money In Your Wallet

One way you can begin to see immediate savings is to stop buying name brand products. Many times, generic items are just as good as their brand name counterparts, but they cost less because the company does not spend a lot of money on things like advertising. Store brand, or generic foods are usually just as good as the name brands. Try out the store brands and you may find yourself pleasantly surprised.

Another way to save money is to slow down, or stop eating out. Eating meals at restaurants is quite expensive in relation to eating at home, or eating foods brought from home. If you are used to buying your lunch every work day, plan on bringing lunch from home. This can save you quite a bit of money. Or maybe you find yourself out and about at meal times and you decide to stop at a restaurant because you are hungry. With a little bit of planning, you can have a snack ready for times like this.

Scour your budget for items or services you waste money on. Do you have a gym membership, but have not stepped foot in the gym in several months? This is something you can do without. Do you stop and buy breakfast or coffee on your way to work? If so, get up a few minutes early and make your own coffee or your own breakfast. Continue looking at your budget to find little ways you can save money, you might surprise yourself.

If you are having a hard time making ends meet, get another job. Getting a part time job can be helpful in having enough money in your budget to cover all of your expenses. Maybe you have a friend who does seasonal work and could use a helping hand. You can also check with local stores or restaurants to see if they need any part time help. This extra income may be just what you need to not only cover your expenses, but to ease some stress.

Coupon Tips To Keep Money In Your Wallet

One of the best ways to keep up with your money is to write down each and every cent you spend. While this may seem tedious, it will help you figure out what you are spending money on, why you are spending money, and where you can cut back. Try this for a few weeks and your eyes may be opened to where your money is going and how you can begin saving even more.

Keeping your money out of someone else’s hands can pose a challenge, but it does not have to. Use the tips and suggestions in this article and you will find yourself with more money in your wallet.

The economy can be unpredictable, so it’s more important than ever to handle your money in a practical manner. Here are some practical ways to handle your money so you can continue to thrive.

How to Manage Your Money – A practical About Your Finances

1. Don’t outspend what you earn. This seems very simple, but many people do indeed spend more than they earn, especially if they have a credit card. It can be really easy to fall into a credit card trap, so be very careful about keeping your spending to a fraction of the total income you have every month.

2. Set a clear budget. This way, you know what is coming out and what is going into your bank account. Getting a clear picture of what things truly cost will help you think before you pay for them. You will get a good idea of what is important and what is not.

3. Pay your credit card in full and then consider cutting it up. Credit cards can be a trap, as mentioned, because you usually don’t have to pay the entire card balance off at the end of the month. The amount you don’t pay accrues interest until you are paying double or triple what you spent on what you bought! Do your best to eliminate the interest headache by paying off the entire balance as soon as you can.

4. Think about your retirement. This is a topic most people don’t think about until they are of retirement age, but planning early is better overall for your finances. Planning early gives you more time to save, but it also allows you to start with smaller amounts.

5. Have some savings. People also overlook this, but it is imperative that you have money set aside in case of an emergency. Put some money aside every month and eventually you will have a substantial amount to spend on anything that goes wrong.

6. Consider investing. There can be safe investments, so you needn’t worry that your finances will get even worse! You can invest in bonds, mutual funds, and real estate, all of which will give you more income, which will make your finances easier to handle.

7. Make the most of your insurance. Investigate your health insurance to find out where you could be saving money, and whether it would make more sense financially for you to buy another health insurance plan. A lot of people just go with the health insurance plan they are given, when some research might prove that they could save money elsewhere.

8. Keep your financial records well. Good financial records indicate that you know exactly what is going on with your money. You know where every dollar is, and that can be helpful when you feel tempted by impulse purchases that aren’t good for your financial picture.

Keep these guidelines in mind, and you will find that your financial picture starts to come into focus. Be careful with your finances and you will be able to relax in your life, as your finances are in order.

How To Save Big Money & Saving Tips

Save big money is often viewed as a painful thing, something that denies you of the ability to spend freely and enjoy your life. However, there are many small things you can do to make the process easier and to help your savings grow more quickly. Read on for some ideas on using simple tactics to reach your save big money.

Paying your existing bills on time can be a big boost to saving money in the long run. Even the smallest of late fees will add up over the course of a year and can also affect your credit rating. The more dings on your national credit file, the higher rates you will pay for credit, insurance and other daily things. Pay bills at least one week before they are due to relieve the stress associated with getting payments in on time. This will also avoid fees incurred as a result of making instant payments online. From utility companies to mortgages and credit cards, most institutions charge fees from $3 to $15 or more for making same-day payments. Also, make sure that you pay before the weekend if your due date falls on a Saturday or Sunday because it will likely not be recorded until the next business day, making your payment late and incurring late fees.

Many banks or credit unions offer auto-save programs which transfer money from your checking account to your savings account on a predetermined day each month. Take advantage of these programs for several reasons. First of all, they encourage you to save and relieve you of the burden of instigating it yourself. They also save you money in another way: the removal of checking account fees from your bank. Most auto-save programs offer free checking and some even provide free checks if you are part of a savings program. In addition, these savings accounts are typically linked to your checking account, preventing you from accidentally getting overdrawn and incurring high overdraft fees if funds are not available when you make a purchase. Remember, however, that there are usually “cash advance” fees of $10 or more if the bank transfers money from your checking account to cover these purchases.

One good way to limit your spending habits is to remember that each dollar you spent was earned by time working for it. Consider how much you are paid per hour at your job, then relate that to any amount of money you are tempted to spend. For example, a pricey pair of jeans could take all the money you earned in an entire day. The same thing applies for going to to eat; a single meal out can reduce your savings considerably that month.

Important Tricks To Save Big Money

One of the most important mental tricks to saving money is to never spend it until you have saved it first. You will be much less likely to spend frivolously if you have worked hard to earn and save that money. Pulling it out of a reserved savings account will feel like an important event, and force you to evaluate whether or not you really want to do that.

Reaching your savings goals does not have to be painful, if you alter your attitude on the small things in daily life. Apply some of the attitudes and insights here to see your savings accumulate, and don’t forget to reward yourself for a job well done.

Money Saving Tips

You want to be a responsible individual in society and learning how to manage your finances is a good indicator of how much of a responsible person you are. When you do not manage your finances properly, you neglect to take care of things like bills and credit card payments which gives you bad credit. If you have bad tendencies when it comes to managing your finances and don’t saving your money enough, then you are going to want to take note from this article. The tips here can help you manage a promising financial future.

You want to have money to fall back on just in case an emergency occurs. The last thing you need is to have something like your car break down or a medical condition that is going to cost you a lot of money to fix. Saving your money is a good way to ensure that all of your finances are in check and makes sure you are ready for any surprises that come your way.

You want to establish a savings account that is going to produce a lot of money for you to grow. Find a bank account that offers you a high yield savings account. Do your research and ask friends if they have or know anyone who has a savings account that is yielding a high amount of interest.

You do not want to be paying a lot of money in checking account fees. Over a year, $25 dollars a month to pay to have a checking account can add up. If you are a student, a lot of banks offer you an option to enroll in a free checking account. Also, credit unions usually let you keep low amounts of money in your checking account and tend to not charge you a fee so check into those banks as well.

Take a look at your bank statements for the past few months. You might notice a trend in your spending habits, like letting a friend influence you to spend a lot of money when you go out with them. Or you might notice that you spend a lot of money on lunch every day at work. So look at your spending habits and see what actions you can take to reduce your spending.

You want to chip away at your credit cards as much as possible. This is a good way to make sure that you have some extra saving your money up for a rainy day. When you pay off your credit cards, you also increase your credit score, which can open many more options for you in the future.

You want to have an account that is dedicated to spending your money. You should open a flex spending account with one bank and use that money specifically to go out with. This is a good way to manage your money correctly.

With all of the information you learned about managing your personal finances, your bank and wallet should be happier in a few months. Apply all of the strategies and tips that you got from this article and before you know it you’re going to be a personal financial master.