Create Financial Health With A Few Simple Money Saving Tips | Uber Articles
Username:   Remember Me
Password:  

Uber Articles {Über (ger) adj. above, beyond }

- Above and Beyond a Mere Article Directory

 
 

Create Financial Health With A Few Simple Money Saving Tips

By Helen Chappell

The worldwide economic slow-down has forced many people to reevaluate their personal financial habits. This has come to be because too many people had to wither the economic crisis with little to no savings. Big spending and big credit was a recipe for disaster for many families. If you are ready to take steps to increase your savings, without drastically having to change your lifestyle, read on for more information on just how you can do it.

Before you begin you should be prepared by knowing that in order to be successful you have to make a mental commitment to your financial health. Start by writing down all of your monthly expenses. You may be tempted to leave out some of your guilty pleasures, but make sure that you are accurate in this list.

Once you’ve created your expense list, go through it. Compare your wants to your needs. What do you absolutely have to take care of? What are you spending frivolously? Cross out your unnecessary expenses and tally up how much you could be spending if you simply avoided them.

If you think that you’re not yet ready to give up certain expenses, you may be better off weaning yourself off. Cutting back can help you in this process. Although you won’t abandon this particular want altogether, you will slowly cut back with the ultimate aim of giving it up completely.

Save on food by planning. Plan ahead for the week in order to know what ingredients you’ll need. Write out your list before you head to the grocery store. This will help prevent repeat trips to the grocery that will cost in time, gas and money on things you’ll pick up but don’t really need. Try to cut out the number of times you eat out as well.

You may actually be able to enjoy great entertainment for less. Public libraries are a go-to spot for free rentals. Granted you may not have the option of the latest releases, but you may actually be surprised at what you’ll find. Don’t worry, you’ll find more than just classic DVDs at most libraries!

Buy both your car and home insurance policies from the same company. Most insurance companies will offer a discount if you buy more than one policy from them. You can implement this tactic on other services as well. For instance, your internet, cable and TV services can come from an individual company as well. This will reduce the hassle of dealing with multiple companies, as well as secure a discount rate.

If you have credit card debt, but are always making payments on time, every several months call your lender and negotiate your interest rates. This will help more of your monthly payment go toward your principle balance and less toward interest charges. All of simple financial changes may not seem like much, but when you cut costs and place more into a savings account, you will watch as this account grows. Make sure to place your money in a competitive savings account with high interest rates.

Want to find out more about making PPI claims? Then visit www.PPIClaimsUK.co.uk and find out how to start your mis sold PPI claim today.

Article kindly provided by UberArticles.com

Topics: Loans | Comments Off

Tags: , , , ,


Article Citation
MLA Style Citation:
Chappell, Helen "Create Financial Health With A Few Simple Money Saving Tips." Create Financial Health With A Few Simple Money Saving Tips. 5 Jul. 2010. uberarticles.com. 8 Feb 2016 <http://uberarticles.com/finance/loans/create-financial-health-with-a-few-simple-money-saving-tips/>.

APA Style Citation:
Chappell, H (2010, July 5). Create Financial Health With A Few Simple Money Saving Tips. Retrieved February 8, 2016, from http://uberarticles.com/finance/loans/create-financial-health-with-a-few-simple-money-saving-tips/

Chicago Style Citation:
Chappell, Helen "Create Financial Health With A Few Simple Money Saving Tips" uberarticles.com. http://uberarticles.com/finance/loans/create-financial-health-with-a-few-simple-money-saving-tips/


Reprint Rights

Creative Commons License
This article is subject to a revocable license under a Creative Commons Attribution-No Derivative Works 3.0 Unported License, which means you may freely reprint it, in its entirety, provided you include the author's resource box along with LIVE VISIBLE links (without "nofollow" tags). We may revoke the license at any time with or without cause. You must also include the credit to UberArticles.com.

Comments are closed.

Disclaimer
Uber Articles and its partner sites cannot be held responsible for either the content nor the originality of any articles. If you believe the article has been stolen from you without your permission, please contact us and we will remove it immediately. If you have a problem with the accuracy or otherwise of the content of an article, please contact the author, not us! Also, please remember that any opinions and ideas presented in any of the articles are those of the author and cannot be taken to represent the opinions of Uber Articles. All articles are provided for informational purposes only. None of them should be relied upon for medical, psychological, financial, legal, or other professional advice. If you need professional advice, see a professional. We cannot be held responsible for any use or misuse you make of the articles, nor can we be held responsible for any claims for earnings, cures, or other results that the article might make.
  • RSS Feed

    RSS for Loans