We save, basically, because we can’t predict the future. Saving money can help you become financially secure and provide a safety net in case of an emergency. Saving money is incredibly important. It gives you peace of mind, expands your options for decisions that have a major effect on your quality of life and eventually gives you the option to retire.
- Move bank accounts to take advantage of perks and earn more interest
- Turn off the television
- Stop collecting, and start selling
- Sign up for every free customer rewards program you can
- Make your own gifts instead of buying stuff from the store
- Write a list before you go shopping – and stick to it
- Invite friends over instead of going out
- Repair clothing instead of tossing it
- Don’t spend big money entertaining your children
- Negotiate rates with your credit card company or complete a balance transfer
- Clean out those closets
- Drink more water and carry a water bottle
- Quit smoking
- Turn off the lights
- Swap books, music, and DVDs on the Internet or at the library
- Install CFLs or LEDs wherever it makes sense
- Install a programmable thermostat
- Buy quality appliances that will last
- Clean or change out your car’s air filter
- Quit using credit cards
- Do a price comparison – find a cheaper grocery store
- Make your own when you can
- Avoid stress-spending
- Share your dreams with people you love
- Do a maintenance run on your appliances
- Cancel unused club memberships
- Buy used when you can
- Keep your hands clean
- Remove your credit card numbers from your online accounts
- Give the gift of labor
- Do holiday shopping right after the holidays
- Join up with a volunteer program
- Declutter to save your sanity and some cash
- Try generic brands of items you buy regularly
- Stick to reliable, fuel-efficient cars
- Avoid the mall
- Rent out unused space in your home
- Create a visual reminder of your debt
- Cancel magazine subscriptions
- Eat breakfast
- Swap babysitting with neighbors
- Don’t fear leftovers – use them up instead
- Go through your clothes – all of them
- Carry your own lunch
- Learn how to dress minimally
- Ask for help and encouragement from your inner circle
- Try to fix things yourself
- Keep an idea notebook in your pocket
- Look for a cheaper place to live
- Check out free events in town
- Start a kitchen garden
- Take public transportation
- Carpool
- Do some basic home and auto maintenance on a regular schedule
- Buy staples in bulk
- Pack food for road trips
- Go through your cell phone bill, look for services you don’t use, and ditch them
- When buying a car, look only at used models
- Use a simple razor to shave
- Find daily inspiration for making intelligent moves
- Read books – a lot of them
- Make your own cleaning supplies instead of buying them
- Suggest cheap activities when meeting up with family and friends
- Don’t speed
- Buy a smaller house
- Always ask for fees to be waived
- Don’t overspend on hygiene products
- Make your own beer or wine
- Cut down on your vacation spending
- Cancel the cable or satellite channels you don’t watch
- Do more charity
- Exercise more
- Utilize online bill pay with your bank
- Don’t beat yourself up when you make a mistake
- Always keep looking ahead
- Never give up
Most people who are wealthy got there through a combination of their hard work, smart savings, and investment decisions. You can become one of those people, too.
Reblogged this on Agastya Kapoor की दुनिया.