Strategies to save money category
One of the strategies to save money is simple - Keep Track Of Your Money. Credit cards are a wonderful convenience as are debit cards, but the problem is that unless you are handing over cold hard cash it is really easy to not pay attention to where your money is going and very difficult to keep track of how much you have left. You should never be shocked by your credit card bill and you should not be caught off guard by your bank balance. You may not have it down to the penny, but you should have a pretty good idea of how much money you have on hand. If you are the type of person that hates to look at their bank balance and does nothing to monitor income and outgoings then now is the time to make a change. Keep a track on everything that goes in and out of your account, and check your balance regularly. If you are doing on a constant basis, you will just need three to five minutes once every three days to do it. This strategy to save money may be able to trace where your cash goes and to reconsider whether that such expense should be carry on in the future.
Category: Strategies to save money
Tuesday, August 12, 2008
Sunday, August 10, 2008
STRATEGIES TO SAVE MONEY 1
Strategies to save money category
A fancy is a waste?
Understanding the root cause behind your financial problems can help you greatly with the strategies to save money - Think Before You Spend. This is all about evaluating needs and weighing those needs against desires. When I was a college student, I decided to buy an integrated amplifier system that comprises individual speaker, amplifier, tuner and compact disc player. Upon buying I did not even think of the idea whether I will be using it for a long term. But when I was about to complete my study, I started to feel it was a waste purchasing it when I missed my opportunity of travelling abroad which most foreign students grab the chance. So, my wishes just became a dream which never come true.
Before you make a start with the strategies to save money, familiar yourself with the term opportunity cost. It is when you forego one option in order to get one. What choices are you willing, and able, to make? By having this one of the strategies to save money, it sometimes helps to put off the purchase of those "desired" items. Now I found that I do not really need that amplifier system, miserably, I have to keep it because it costs me a lot last time!
Category: Strategies to save money
A fancy is a waste?
Understanding the root cause behind your financial problems can help you greatly with the strategies to save money - Think Before You Spend. This is all about evaluating needs and weighing those needs against desires. When I was a college student, I decided to buy an integrated amplifier system that comprises individual speaker, amplifier, tuner and compact disc player. Upon buying I did not even think of the idea whether I will be using it for a long term. But when I was about to complete my study, I started to feel it was a waste purchasing it when I missed my opportunity of travelling abroad which most foreign students grab the chance. So, my wishes just became a dream which never come true.
Before you make a start with the strategies to save money, familiar yourself with the term opportunity cost. It is when you forego one option in order to get one. What choices are you willing, and able, to make? By having this one of the strategies to save money, it sometimes helps to put off the purchase of those "desired" items. Now I found that I do not really need that amplifier system, miserably, I have to keep it because it costs me a lot last time!
Category: Strategies to save money
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