Monday, September 8, 2008

MONEY SAVING TIPS THAT WILL SURPRISE YOU

***FIVE SURPRISING WAYS TO SAVE MONEY***

We're not all wizards when it comes to managing our budget. And common sense doesn't always guide us in the right direction. So here are five surprising ways to save money that your instincts might tell you are WRONG . . .

#1.) SPEND MONEY. When your bank account is low, your first instinct might be to stop spending altogether. But not ALL spending is the same. --Make sure you limit unnecessary purchases, but don't let things like routine car maintenance or credit card payments slip. It'll cost you more in the long run.

#2.) DON'T BUY WHAT'S CHEAPEST. CHEAP doesn't mean BEST VALUE. An inexpensive car might be tempting, but if it's a lemon, you'll end up spending a lot more on gas and maintenance.

#3.) DON'T BUY THINGS ON SALE. How often do you buy things on sale that you ACTUALLY needed? If it's something you wouldn't buy if it WEREN'T on sale, don't buy it.

#4.) DON'T SIT HOME IN FRONT OF THE TV. It might be less expensive than going out with friends, but sitting at home on the couch won't change things. --Instead, try to be efficient with your cash, and spend it on classes or activities that might improve your current situation.

#5.) DON'T LET SALARY DETERMINE JOB CHOICE. A lot of people think money equals happiness. But you're better off doing something you enjoy than taking a job that pays more. You'll feel more driven, and that'll pay off in the long run. (TheStreet.com)

1 Comments:

At September 8, 2008 at 10:23 AM , Anonymous Anonymous said...

I agree with most of your comments. You are right when it comes to buying cheapest; you get what you pay for! Just wanted to add that buying groceries on sale is the best way to lower food costs (which is sometimes what people spend a lot of money on). We buy all of our food on sale and freeze what we can. We also shop at bargain grocers, such as Price Chopper and Food Basics; these grocers have lower food costs and great specials. You can find meat at 50% of the regular price right before their sale date and put it in your deep freeze.

 

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