Posted on February 21, 2012 11:43AM bySavvySugar
Saving money can seem like a mission impossible when you’re already pushing your bank account every month. It’s not necessarily easy, but it is most definitely possible. Learn the most important tricks for saving money and you’ll be that much closer to getting exactly what you want.
Whether you’ve set your sights on vacation, a new bag, or a security deposit on a new place, the best chance of reaching your goal is to make it a priority. Set up a separate savings account and have regular amounts transferred from your checking account.
Change is difficult to achieve when you don’t know where to start. How can you pinch pennies when you don’t know where those pennies are going in the first place? Use an online money management system like Mint to show you where you’re spending and track your spending with a good old pen and paper when using cash. After about a month, you should have a decent idea of your spending habits.
Formulate a plan including an ultimate deadline bydetermining how much you plan to save each month. Having a due date will cause your tendency to procrastinate to take a backseat.
It’s more likely that you’ll hold yourself accountable for your savings goal if you tell a friend or family member about what you’re trying to accomplish. If it’s something you don’t feel comfortable sharing, then simply write it down.
Speaking of realistic, nothing threatens your goal from the start like swearing off all splurges. Allow yourself one or two things that would never be mistaken as prudent but always make you happy.
— Wealth Building Daily
It's Time to Sell - Don't let these 27 Big-Name Stocks Sink Your Portfolio!
You simply can’t afford to own the wrong stocks in this market. Urgent FREE report reveals the names of 27 stocks you should sell today. You will be shocked by some of the names that made this blacklist! It’s time to clean house and dump these stocks before it’s too late! You can even put that money back to work with a SPECIAL BONUS - the names of the top 3 stocks to buy today. Get their names plus details on all 27 stocks to sell now free.