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Practical money saving tips

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					Practical money saving tips
Saving money can either be a way of life or something that you will never do, there is no in
between and the choice is ultimately yours. You could argue that in today's world where prices
keep going up and revenue keeps decreasing it is impossible to save money anymore and that
mentality alone will have a very negative impact on your efforts. Even if you are living from one
paycheck to another it is still possible to save up, all you need to do is know and adopt a few
practical money saving tips:

Save a percentage of your salary
The majority of people that treat saving money as a way of life start here. They get a savings
account and every month automatically take 10-30% from their salary and dump it there. You
can start off with a smaller percentage and increase it each month. And while you do this you
will see that allowing yourself a smaller sum to spend will "inexplicably" lower your expenses as
well, there are ways to cut back on costs when you decide to really motivate yourself.

Set precise goals
Once you start saving it's good to set a price goal, be it a fixed sum of money or the price of a
certain item you're saving up for, it's always good to be exact so you can feel much better while
on the road to achieving your goal, there's a big difference between "I guess I have to save up
some more" and "Only 200 dollars left and it's mine!".

Always pay in cash
Credit cards, while comfortable, make it very easy for you to lose track of your expenses and
begin getting into debt. And let's not talk about the interest rates as well! If you pay in cash
you're sure never to spend more than you have. Remember that the average family has close to
$7000 in debt, don't be one of them!

Make a list and check it twice
While fixed expenses are harder to reduce in cost, there are some practical money saving tips for
saving money on groceries that you could easily adopt. The bulk of it involves knowing what
you need and where to buy it at the cheapest price.

No gambling
If you've studied math and liked it then you know, the math in gambling is not in your favor.
You'll earn more by not gambling at all than by trying to outwin your losses

Shopping is not a healthy way to de-stress
Neither is gambling or anything that involves costs that you can't predict. A movie ticket has a
fixed cost so you could try that. Better yet, a walk in the park is free! Window shopping might be
free as well but try to avoid it as you will inevitably be back to buy something you saw but don't
really need.

Save energy and the planet
Using CFL bulbs instead of your regular incandescent bulbs can reduce power consumption by
80% while offering the same illumination.

Use coupons
One of the best practical money saving tips, using coupons can net you a 10-20$ discount each
trip to the grocery store.

Buy online to save money
Whenever possible practice the habit of buying online, especially when talking about furniture,
electronics or clothes. Online stores don't have rental costs or a lot of employee salaries to pay so
their products are cheaper. You can also find discounts for online products so whenever looking
for a product, search for the product name and the words "discount code" in the same search.

Save money on gifts
Star a gift closet. Buy gifts all year round, when they aren't overpriced as they usually are on
seasonal occasions and deposit them in your closet. But be sure to keep an inventory of the gifts
you bought to make sure you don't buy and give the same gift twice! Collect wrapping paper and
ribbons to make your gift more beautiful and thus more appreciated even if it isn't the most
expensive thing.

      Saving money on groceries practical tips
       Did you know saving money on groceries is one of the most difficult tasks in the world?
       And why is that, you might ask! Well it is because shopping is addictive, the shop owners
       and companies know that you...
      Practical money saving tips
       Saving money can either be a way of life or something that you will never do, there is no
       in between and the choice is ultimately yours. You could argue that in today's world
       where prices keep going up and...

				
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