A good future for you and your family depends a lot on saving money today. It’s really that simple if you don’t want to take chances by treating your future like a card game which you can win or lose. Understanding that none of us can foresee waht’s in store for our future, we must act as if we will be alive and well decades from now, and long after that; which means we must prepare for that future by saving money now.
Putting money aside is perhaps the most certain way to ensure that you make yourself able and ready for whatever big plans you have ahead, be it getting a new house, buying a car, sending a kid to college or even a grand vacation; but most importantly it can insure that your years of retirement are financially secure and enjoyable. Isn’t that what retirement is all about any way?
There are many ways to save money which can range from setting aside a portion of your monthly paycheck to avoiding the little spending – or big splurging – temptations for you that come your way ever so often. You know the ones I’m referring to: The latest model 50′ TV, instead of a more modest version; the Infinity or Lexus, when a Chevvy or Ford will suffice; etc., etc. Make saving-for-the-future your goal and stick to it.
Following are a few tips you can use to help you accomplish your saving goals and objectives:
Involve your entire family
Family Participation – To make your as effective as it can possibly be you must find a way to incorporate your money saving plan into your way of life to . It is best that the effort to save be shared by everyone in the family.
Avoid driving – Unless you really have to drive, just take a walk or take the bus. Riding a bike can also be very good for your body. Have a car pool with friends if getting to your office or work place requires you to drive. You can also suggest doing errands together like trips to the grocery store.
refrain from being taken in by the little temptations that may come your way. It is naturally fine to reward yourself after a hard work day every now and then, but do stay away from splurging. Cut back on your expenses.
Use less energy
Electricity – Turn off appliances that are not used. Turn the TV off if the show is not worth it. Close the refrigerator after getting what you need. Use lower wattage bulbs for rooms that do not need much lighting. These will definitely add more to your savings account!
Water – Check for any leaks in your pipes. Always make sure that the faucet is not dripping. Avoid long showers. Use a glass when brushing your teeth instead of leaving the faucet running; and if you prefer to use the faucet, turn it off while you’re in the act of brushing.
Phone - Choose a provider that has savings plans especially for long-distance calls. In fact, if you have a computer and access to the Internet, make sure to contact a company that offers VOIP (Voice Over Internet Protocol) service. This will slash your telephone bill to less than 50% of your traditional land-line phone service.
Gas – Have your car tuned up so you can save on gas. Get membership benefits also from stations. Fill up the tank when the prices go low. You can also do a research on gas saving cars if you have to purchase a new one. Turn off the air conditioning. If there is no need for that, simply keep the windows open. Enjoy the ride and the cool wind.
You may not realized this before, but your household’s basic utilities can actually be your key to saving more money. This has a two-way benefit. You get to save some dollars for your family. You also contribute in addressing the energy crisis.