Posts Tagged ‘ save money ’

Why being a financial pessimist sometimes helps you in making the right decision

26/04/2012
By
financial_pessimist

No one is going to encourage you to become an out and out pessimist because negative Nellies are not pleasant to be around. However, there can be advantages to pessimism when it comes to handling finances. Pessimists tend to have more money than optimists. A pessimist is one who perceives a half-filled glass as being half empty, whereas an optimist perceives it as half-full. That may be a rather sophomoric way of describing a pessimist but you can get the gist from this example. A pessimist tends to have buyer’s remorse before he purchases something, rather than after the fact like most of us, and as a result doesn’t buy it at all, which saves him money. A pessimist possesses a negative streak a mile wide. He is full of doom and gloom and is certain the sky is falling, which isn’t a very pleasant way to go about...

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5 Simple Tips to Save Money and Be Healthier

14/04/2012
By
Save Money

Everyone desires to be healthier and save money. These five simple steps will allow anyone to make some easy changes to their lifestyle and improve their health and their financial status. Quit Smoking: Smoking is a huge financial drain on any budget. The price of cigarettes continues to increase. The smoker with a one pack a day habit and quits smoking will save more than $1,800 a year just from eliminating cigarettes. Smoking harms the body and decreases a person’s lifespan. Quitting smoking will improve health and finances. Reduce Driving: Driving a vehicle is expensive when gas and insurance is factored into the equation. Reducing unnecessary driving helps a person save money. Alternative modes of transportation such as walking or biking will offer exercise and save money simultaneously. Choosing to use a bus or other forms of public transportation will eliminate the need to drive and save money on...

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Think Like The 1%

11/01/2012
By
finance2

We all want to be rich, but what does it take to be amongst the top 1%? What are these people’s attitudes and what is their approach toward money, business and life? Can we do the same and rise above the 99%? You could always use the homeowner loans at moneysupermarket to purchase your first home and get yourself going; then plan for the next step. The one thing that many parents want for their children and what they instil in their young minds from an early age is that education is important. Some people don’t think so, but the wealthy always do. Private schooling is high on the priority list of the rich, as is a college education, preferably at a place such as Harvard. Wealthy people want their children to be exposed to wealth and to the culture and social standing that they are used to. They...

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Save Money This Winter – Make Your Own Fire Logs

03/11/2011
By
Save Money

Energy costs are increasing, making it harder for people to heat their homes affordably. Lowering the thermastat is one way to save money, and supplementing heat with a fireplace is another. You can use that fireplace to save even more money if you make your own fire logs. Old newspapers and junkmail are always piling up in a corner. Instead of just throwing them away you could convert them into fire logs. There are different ways to this and people report different degrees of success. Making fire logs is not a new concept but it’s one of those old-fashioned ways to save money that many have forgotten about. Those who have tried it report that these homemade logs are excellent companion logs. They are not good as a primary fire sources, but work well with other logs to help a fire burn longer. Here are a few methods that...

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Eat Healthy, Save Money?

22/09/2011
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Stretching that monthly budget during tough times is no easy task. Raises are rare, the cost of living is increasing, and so is the price of preserving our health. Getting ahead in this world takes more than a mix of grit and gravitas; the system is designed to cater to those who have already established themselves. Even if you were to know the best stock picks, would you have the funds available that are necessary to seize upon such an opportunity? We’re very limited in what we can accomplish when it comes to making significant gains in both lifestyle and financial stability. Luckily, there might be an easy way for any family to accomplish both at once: eating healthy. Saving money by eating right is not exactly easy, at least seemingly so. Healthier options on many store shelves are oftentimes priced higher than the preservative-packed alternative. Indeed, it’s telling...

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Save money at home

06/09/2011
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Did you know that you don’t have to make drastic lifestyle changes if you want to save money at home? It’s true. So here are some money-saving tips which you can start trying out at home today so that you save some dollars. Pay your credit card bills in full and avoid the overdrafts You can easily avoid paying the interest and late charges if you pay your credit card bills on time and in full. But if you are struggling to do this, then consider only using the credit card in emergencies. The same applies to your debit cards; steer clear of the overdraft particularly if you will be charged by the bank. And even if you are the lucky people who have free overdraft, it’s a good idea to avoid abusing it as it can encourage you to sink deeper into the overdraft, making it harder to...

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Be Smart And Save Money On Your Next Car Purchase

24/08/2011
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When it comes time for you to buy a car, you need to save every dollar that you can. Be a smart car shopper and arm yourself with a little bit of knowledge before taking on the second biggest payment that most people make. New Cars Make sure your timing is right when buying a new car. Buy toward the beginning or end of the month when salesman are tying to get ahead or struggle to meet monthly quotas. Buy a car when the new models come out. For example, buy a new 2011 car when the 2012 models come out the last few months of 2011. Buy toward the end of the year because dealerships don’t want to pay on any end of the year taxes. Look for auto manufactures rebates and incentives. This is as good as cash. REMEMBER that a dealership will get this cash rebate...

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Pawnshops See a Spike in Small Business Clientele

22/08/2011
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Due to ever-increasing strains brought on by the seemingly terminally-ill economy, thousands of small business owners across the United States are making payroll through the pawning of their possessions. The trend has been noted by pawnshop owners from New York to Los Angeles. While the typical pawnshop exchange is a matter of a few hundred dollars or maybe a grand or two, small business owners are putting up Rolex collections and diamond rings that net them $15,000-20,000 at a time. The select minority is engaging in this behavior to take advantage of a swelling precious metals market, but the overwhelming majority is pawning items for payroll because they have no other choice. Websites like Pawngo.com are ballooning because of this trend, with the stand alone mom and pop pawnshops picking up the slack. The reasons, apart from the fact that economic environment is forcing it, are that unlike bank...

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Money Management Tips

12/08/2011
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Money Management Tips

Saving money now days seems almost impossible. Not only have gas prices and home expenses risen over the past 6 months but jobs have become harder and harder to find. In order to save money in this type of economy parents need to start teaching their children money management tips from a small age. Below are a few helpful tips. Track your money. You should know exactly what is coming in and going out. Limit your credit cards. Credit cards should not be for everyday use but for emergency situations. Keep a budget. Limit the amount of money you spend on entertainment and eating out. Give yourself a weekly allowance. Always have an emergency fund. The average person should have at least 3 months salary in an emergency savings account in case of job loss, family illness, etc. Don’t get behind on bills- Ask for help when you need...

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8 Small Things That Can Change Your Spending Behavior

05/08/2011
By
spending

The million-dollar question that everyone is asking is how do I cut my budget and save money? About ten years ago, no one was as concerned with trimming the fat. Well the truth is ten years ago America was not on the verge of a recession. Today more and more individuals are looking for authentic ways to change their spending behavior. There are hundreds of ways in which anyone can contribute to less spending. The most important ingredient to any recipe is to substitute the most expensive ingredient without sacrificing quality. This can be said for budgeting as well. It is time for households to eliminate luxurious items. The most expensive household bill that any family can control is the utility bill. For instance, rent or mortgage has a fixed rate that cannot be changed, and so does car insurance. However, gas bills, electric bills, and water bills are...

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