Save your Pennies, Count your Blessings

Freebies and Savings for the DFW!

More Money Saving Tips October 4, 2010

Filed under: Saving Tips — Alexandria @ 2:56 pm

Here are some more money saving tips from http://www.thedigeratilife.com/blog/index.php/2008/04/15/20-ways-to-earn-more-and-spend-less-steps-to-becoming-a-frugal-capitalist/

#4 Make a list.
Always prepare a shopping list before you go out and buy anything. This will help you stay focused on what you need to buy rather than on what catches your eye when you’re out on your shopping trip. This should help curb impulse purchases.

#5 Pay yourself first.
Designate a certain amount of money and have it set up to move automatically into your savings account each month: aim to save at least 10% of your gross income. By doing so, you pay yourself first and it’s money that is “out of sight” and hopefully “out of spending reach”. In other words, if you don’t see this money sitting in your checking account, you’re less inclined to use it.

#6 Cut out your vice habits and drains on your dollars.
If you’re serious about cutting the fat out of your budget, try to hit those things that aren’t really doing much for you. Sorry to be a wet blanket, but vices are a good place to start. Here is a common list of money drains you could probably do without:

  • Coffee
  • Cigarettes
  • Alcohol
  • Bottled water from convenience stores
  • Manicures
  • Car washes
  • Weekday lunches out
  • Vending machines snacks
  • Interest charges on credit card bills
  • Unused memberships

#7 Shop at discount stores and outlets.
Buying in bulk will help you save money and in the long run will help you spend less. It’s just more economical to visit discount stores. Marshall’s, Ross Dress For Less, Costco will cost you much less than Macy’s, Nordstrom’s or Safeway.

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