25 Ways to Save Your Money to Make Your Future Bright
In this toughest time when global economy is diving on its nose and many big companies are filing for bankruptcy, every one of us should try to save ourselves from this trend by saving money as much as we can. As early we understand this, that’s better. As individual we cannot change the whole economy but at least we can save our family from this downswing trend.I am here trying to tell you know some steps that you can take in order to save your money for yourself and also for your family. Please check the series of posts to get the complete picture.
1. Try to have check on spending:
(A) Pen down regularly, every money that you are spending everyday on you and on your family. Regularly check the spending and be sure why and how the money was spent.
(B) Sell that are extra. Search around your home and identify those objects that are not more needed, then sell them off.
(C) Refinance your existing mortgage. To decrease the mortgage payment, opt for refinance.
(D) Make entertainment expenses lower. You can cut down your entertainment expenditure by not buying the DVDs and instead rent them or lend from your friend. For music, games and other stuffs you can apply the idea.
(E) Let your children learn value of money. Give your children some lesson on saving money. Tell them the value of every penny. Teach them how to save money for their future.
Sorry to interrupt you in the middle of the article. Please check the next post on this topic to have more ideas on saving money.
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Money
Good thoughts! How about investing the savings in some Mutual Funds.
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