Money Saving Tips-Every Little Bit Counts

In today's world and especially in the economy we live in, saving money is on top of everyone's list.  With things in the shape they're in, even the richest of the rich are finding ways to cut corners.  The mindset of most is "every little bit counts"....and it does.  Lately, I've been thinking about how people have so many 'miscellaneous' funds that they have no clue where it goes.  You only realize when your money is gone, and even then, you're wondering where it went off to.  With this in mind, I've come up with a few tips that you can implement daily to help you guard and balance those runaway funds.

Tip #1: Brew your own coffee: Now, you have to understand,  as much as it pains you to hear this, it pains me even worse to actually have to say it, but it's true.  On average, Americans spend over $800 on coffee alone and this is at the bottom of the curve.  This doesn't include if you actually get some food along with it.  If you're a lover of the fancier drinks at Starbucks, then you're looking at spending over $1825!  Wow!  Think about it.  What could you do with all of that money?  It's easy to ignore it because everyday it's not in the form of a great lump sum, so it doesn't hurt as much.  When you do the math, it's a completely different story.

Tip #2: Bring your lunch and learn to make your dinner.  Food costs way more than we think it does.  Five dollars here, 7 dollars there, adds up...and quickly.  Before you know it, you spend an amount that could purchase you a substantial amount of groceries.  Those groceries can save you from having to buy food everday and therefore save you money.  Not to mention, it's a great bonus for your health as well. 

Tip #3: Pick a day to shower yourself.  Let's be real.  Being an adult means responsibilities and responsibilities don't allow for many personal indulgent wants.  What happens in going day after day without getting anything that you want, is that you start to suffer and crave those things regardless of the lack of necessity.  People need some of their wants.  That's just the way things are and there's no need to feel bad about that.  The key is balance.  When you deprive yourself of that, you become like a person on an insane diet.  You go from eating barely anything to eating everything in sight and end up worse than you were before.  Same things goes for spending.  By choosing a day to treat yourself, you quench the thirst for your new "it-toy" and still stay on top of all that needs to be done.  Do I hear a win-win?...yup, I think I do. :)

These tips sound simple, but getting yourself into the habit of NOT spending unnecessary funds, is actually pretty intense.  When you do, however, you'll be in a better fiscal position.  Below is a great video of Bob Proctor and his secret to wealth.  It'll give you plenty of thoughts with your newly increased fiscal freedom!  Enjoy...
                         

Until next time...keep the forward movement...