There are plenty of simple tips for you to save money when it comes to personal finance basics. Some are a little more time consuming than others but despite that fact it is well worth the time it might take. Even if you follow one or 2 of the following tips you could save hundreds of dollars every year.
REQUEST FREE SAMPLES:
There are lots of websites that offer free samples on every day products. Even the huge stores like K-Mart or Home Depot have excellent opportunities for you and I to get free products. Those items range from skin lotions and personal hygiene products to pet food or bathroom products. Another option is to go directly to a manufacturer’s website to locate some free samples on newly released items. If you need something, type ‘free sample’ into google before you go to the store to buy that product. This is the beginning of mastering personal finance basics.
CHANGE CREDIT CARD SPENDING AND HABITS:
Credit cards can be wonderful but can be hazardous. With high interest rates and monthly fees, credit cards may wind up costing you a lot more down the road than you may have planned.
Things I keep in mind:
- always use cash unless its for a major purchase
- always make sure you are able to afford the item before you use a credit card
- always pay the balance of your credit card
AVOID IMPULSE BUYS:
We all know what it’s like to push a shopping cart through the aisles of the grocery store and when we get to the check out we ‘ve picked up double the amount we planned to buy. Always, always, always make a shopping list, follow that list and never purchase anything that isn’t on your list. This goes for any type of shopping including wardrobe, books or movies or CD’s. Stores are designed specifically for impulse buys with magazine racks and gum within easy reach. Make your list, check it twice, and follow it. Continue reading ‘9 Tips To Save Money – Personal Finance Basics’ »