A Personal finance blog to get rich
Can you remember back to when you were younger and you were just dying to grow up before your time? You wanted to stay out late with friends, you wished you had your own car and own money, and most of all, you wanted to move out of your parents’ house.
Now that you’re an adult and have all of the grown-up responsibilities, you now wish that you could go back to the times where you had the luxuries of being a kid.
There’s nothing more exciting than buying a home, getting married, starting a family, going on a dream vacation, or completing your college degree.Unfortunately, all the most significant moments of your life can also be the most expensive. That’s why it’s essential to save money for these milestones. But, with the rising cost of living, saving money isn’t always easy.
Not only these life events, but for your retirement as well, You need to have enough money to be able to enjoy your golden years, without worrying about financial matters and day to day stress. Unfortunately most of us don’t think so far ahead and we spend the money we earn.
When it comes to expanding your budget, many people discuss the benefits of diversifying your income streams. This is an amazing step to take and will serve you well in creating more space in your budget. Sure, you need an upfront investment/spend to realize these 3 ways to save money for long-term.
Gold can mean many things to different people. It’s renowned for its long-term, durable value. It’s often given as a gift in the form of jewelry. In the shape of a ring, it can be symbolic of a deep bond and relationship. Sometimes it comes into your life through an inheritance.
Some people choose to hold onto it forever, while others would rather capitalize on its value and sell it.
I use coupons and vouchers, but not insanely. Even though I believe that using coupons won’t make us rich, I use Priceline for our hotel and airfare often. I do try to look for coupons for every big-ticket purchase.
Once we were obsessive, especially right after coming to this country, actually online coupons increased our spending. We realized coupons are to be used intelligently.
According to Creditdonkey, an individual spends an average of $250 per month on groceries while a household of four spends on average of $712 to $1106 per month. Food is one of the bigger expenses every individual incurs with the biggest being housing and transportation.
If you are looking to save money on groceries to free up extra cash for other means then check out my 5 grocery shopping tips!
Recently, I almost bought a shower panel from Amazon, that required two separate water connections, one for the normal water and the other for hot water. But our bathroom has only one nozzle, the water connections were inside the drywall. I only got the information as I have a habit of reading a few bad reviews (1/2 star rated reviews) of a product before buying it.
Had I gotten that I’d have spent $300, after reading the reviews, I bought a $40 shower head instead. The internet not only allows you to find products fast and conveniently but also to save money when you are shopping. With a little bit of internet research, you can spend less than usual on your shopping.
Saving money when your bills seem to pile up faster than ever is definitely a tricky situation. Yet there is a solution to everything and this article is here to open some doors for you. Cutting costs without actually reducing your quality of life is a task that requires some research. We will talk about some easy low-hanging fruits that can be plucked while not sacrificing your lifestyle.
Average American household Spending
Your financial freedom is somehow limited by the essentials you need to pay for at the end of each month – taxes, utility bills, transportation costs, housing and so on. Around half of your salary will go on these expenses, so you need to learn how to cut them to a minimum.
Every day we purchase many things which come in either bottles or containers. Many of us throw away these containers or bottles after using them only once. We see these used bottles and containers as a waste. But if you think practically they are not.
Photo Courtesy http://homeguides.sfgate.com
At one point or the other, there comes a time in a home when you need to cut your costs. It could be due to; general tough economic times, the need to finance college education for your kids, losing a job, the need to top up some investment money and many more reasons. In such cases, the family looks at the list of expenditure and decides the ones to be reduced and the ones to be struck off the list.
To save money at home, you can; file your taxes instead of hiring a tax filing consultancy, cleaning your house instead of contracting a cleaning company, cutting your grass and doing home maintenance such as painting on your own.
