saving money is the key to financial freedom (news in brief article)
saving money is the most effective way of making money
There is a societal notion that says that making a large ammount of money will free one from not having alot of money and make ones dreams come true. and while this may or maynot be the case the fact of the matter is that saving money is the most effective way of making money. the reason being that when you have money and you dont spend it the money dosent have to enter any filters to get to you. by filters i mean things like taxes, fees, payments, etc. the money is yours and in the bank. (independent farmers/rural/overseas/offshore banks are the best) saving entails building up money every day and overtime small contributions can lead to substancial wealth.
"but i need my money to buy things that i need and i seem to fall short"
this is a very common statement rooted both in easy spending as well as a general lack of income but there is something you can do to reverse this and it is very simple. when you are shopping focus on buying only what you need aka your essentials which are things that are absolutely necessary for your happiness, wellness, social survival etc. these things may include professional clothing for work, communication devices like the iphone g4 or a lap top, shelter like a house apartment tent etc, permits if you live on a camp ground food, water, etc. things that you dont need should be cut back. this is the famously dubbed late effect were instead of buing delicious lates at a store for three bucks you just brew your won coffee with grocerie store bough ingredients. instead of buying a million of the trendiest clothes you cut down your spending to the clothing that you really need which is around 20 percent of what most people purchase. instead of firing up the car to go down the block you may opt to walk or ride a bike. instead of eating out at resturants for every meal you cut it back to once a week. basically im saying to cut back your spending even just one percent can make a big difference which translates amazingly into thousands of dollars!
"But the banks yank all of my money in the games that they play"
this is absolutely true of corporate banks they are designed to take your money for no reason and put you in debt. i opened up a small bank account and because there was no hidden rules and no fees or tricks like you can only take out what you put in and it increases at one or 5 percent and is very simple i add money and it slowly grows. these small town independent banks are the best. open a savings account in one and just pop in a small ammount every month like a buck a day and you will be amazed how fast one account can grow.
find other ways to build money besides your job
if you for instance open a lemonade stand once a week and make 50 bucks and throw that in the bank every week at the end of the year you would end up with thousands of dollars times twenty which would be twenty thousand times interest which would be higher get the point find easy ways to earn with little businesses like a website, selling things, offering your occupational expertise, teaching something, doing arts, music for tips etc. find something you enjoy and take what little cash you can get
be a penny pincher
small currency like pennies is laying around everywhere and recently has become dimes quarters and soon to be dollars. pick it up and put it in the savings account. this isint a joke i make hundreds of dollars every year looking around parking lots vending machines malls laundry mats colleges beaches etc for change scattered all over the ground i pick it up and bank it. at around a hundred dollars a year this chunk in twenty years equals approx two thousand bucks. money is every where. buy a good metal detectoe and walk around parks and beaches and it will pay for itself. also there is a big market for things like fossils and rocks so collecting them and selling them can draw some cash. there is literally valuable things all around them find them and cash them out. mediums of selling things online include ebay and craigs list unload stuff you collect and junk in your house. most junk indivdually may not be worth alot and hence the world junk collectively can be worth many thousands of dollars lighten your load and free up garage space.
some blogs of note with reguards to saving money...just click the link and you will be taken to a hand picked excellent blog
generation x finance has many great tips and has articles concerning things like social security, retirement, revolution money exchange- a program that you can get free money, and some cool stuff that yahoo is up to lately is what i saw at the top of the roll though im shure they will come up with more timely and informative articles
fat pitch financials is holding down the investing end of the blogosphere manytimes with blogs like these with alot of information just ask questions if you have any and the blogger usually will swing and answer them at least that is my experience give it a try go to a blog and ask a question this can unearth the secrets to making millions of dollars
my open wallet is a ground level look at how one new yourker moves her money which i find informative as i myself live in an expensive city and its good to see how someone short cuts the system and saves big money= very interesting read my open wallet subscribe to it and book mark it or what ever it rules
pinching copper is a great blog site whatever guide to finding deels and saving money and stuff its a cool site worth a hit
the money saving mom chronicles how a person with a family to support can save money. some tips that i have is buy things like toothe paste drinks and food in bulk from costco, sams club, walmart, etc and graze at pennies on the dollar or just check out money saving mom for some other tips
prime time money is really a continuation of this post in that its motto is save money avoid debt and be a frugal person. the mantra is simple and check out the site for more specifics if my post inspired you to become a saver rather than a spender
There is a societal notion that says that making a large ammount of money will free one from not having alot of money and make ones dreams come true. and while this may or maynot be the case the fact of the matter is that saving money is the most effective way of making money. the reason being that when you have money and you dont spend it the money dosent have to enter any filters to get to you. by filters i mean things like taxes, fees, payments, etc. the money is yours and in the bank. (independent farmers/rural/overseas/offshore banks are the best) saving entails building up money every day and overtime small contributions can lead to substancial wealth.
"but i need my money to buy things that i need and i seem to fall short"
this is a very common statement rooted both in easy spending as well as a general lack of income but there is something you can do to reverse this and it is very simple. when you are shopping focus on buying only what you need aka your essentials which are things that are absolutely necessary for your happiness, wellness, social survival etc. these things may include professional clothing for work, communication devices like the iphone g4 or a lap top, shelter like a house apartment tent etc, permits if you live on a camp ground food, water, etc. things that you dont need should be cut back. this is the famously dubbed late effect were instead of buing delicious lates at a store for three bucks you just brew your won coffee with grocerie store bough ingredients. instead of buying a million of the trendiest clothes you cut down your spending to the clothing that you really need which is around 20 percent of what most people purchase. instead of firing up the car to go down the block you may opt to walk or ride a bike. instead of eating out at resturants for every meal you cut it back to once a week. basically im saying to cut back your spending even just one percent can make a big difference which translates amazingly into thousands of dollars!
"But the banks yank all of my money in the games that they play"
this is absolutely true of corporate banks they are designed to take your money for no reason and put you in debt. i opened up a small bank account and because there was no hidden rules and no fees or tricks like you can only take out what you put in and it increases at one or 5 percent and is very simple i add money and it slowly grows. these small town independent banks are the best. open a savings account in one and just pop in a small ammount every month like a buck a day and you will be amazed how fast one account can grow.
find other ways to build money besides your job
if you for instance open a lemonade stand once a week and make 50 bucks and throw that in the bank every week at the end of the year you would end up with thousands of dollars times twenty which would be twenty thousand times interest which would be higher get the point find easy ways to earn with little businesses like a website, selling things, offering your occupational expertise, teaching something, doing arts, music for tips etc. find something you enjoy and take what little cash you can get
be a penny pincher
small currency like pennies is laying around everywhere and recently has become dimes quarters and soon to be dollars. pick it up and put it in the savings account. this isint a joke i make hundreds of dollars every year looking around parking lots vending machines malls laundry mats colleges beaches etc for change scattered all over the ground i pick it up and bank it. at around a hundred dollars a year this chunk in twenty years equals approx two thousand bucks. money is every where. buy a good metal detectoe and walk around parks and beaches and it will pay for itself. also there is a big market for things like fossils and rocks so collecting them and selling them can draw some cash. there is literally valuable things all around them find them and cash them out. mediums of selling things online include ebay and craigs list unload stuff you collect and junk in your house. most junk indivdually may not be worth alot and hence the world junk collectively can be worth many thousands of dollars lighten your load and free up garage space.
some blogs of note with reguards to saving money...just click the link and you will be taken to a hand picked excellent blog
generation x finance has many great tips and has articles concerning things like social security, retirement, revolution money exchange- a program that you can get free money, and some cool stuff that yahoo is up to lately is what i saw at the top of the roll though im shure they will come up with more timely and informative articles
fat pitch financials is holding down the investing end of the blogosphere manytimes with blogs like these with alot of information just ask questions if you have any and the blogger usually will swing and answer them at least that is my experience give it a try go to a blog and ask a question this can unearth the secrets to making millions of dollars
my open wallet is a ground level look at how one new yourker moves her money which i find informative as i myself live in an expensive city and its good to see how someone short cuts the system and saves big money= very interesting read my open wallet subscribe to it and book mark it or what ever it rules
pinching copper is a great blog site whatever guide to finding deels and saving money and stuff its a cool site worth a hit
the money saving mom chronicles how a person with a family to support can save money. some tips that i have is buy things like toothe paste drinks and food in bulk from costco, sams club, walmart, etc and graze at pennies on the dollar or just check out money saving mom for some other tips
prime time money is really a continuation of this post in that its motto is save money avoid debt and be a frugal person. the mantra is simple and check out the site for more specifics if my post inspired you to become a saver rather than a spender