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Thursday, July 19, 2007

8 easy ways to save $$

People always have the stigma that saving $$ requires a lot of time & effort. But is this true? Or are you just not disciplined enough? Many a times, we all know how to save $$, it's just that we need a little reminding. Below are 8 easy saving tips that take less than a minute to implement.

1. Make multiple portions of dinner. Box up leftovers for tomorrow’s lunch, and freeze portions to eat later.

2. Unplug the electrical items you are not using (TV, computer, microwave, cell phone chargers, etc.).

3. Decide what you want to eat before opening the refrigerator door. It takes energy to keep the temperature cool if the door is standing open.

4. Pick store-brand items at the grocery store instead of the expensive name brands.

5. Don’t order soda or alcohol when you go out to eat. Drink water instead.

6. Clean the dust from your light bulbs – they’ll last longer.

7. Fill your freezer; it uses less electricity to keep it cold. If you don’t have a lot of frozen foods, freeze some water bottles.

8. Turn off the water in the sink while brushing your teeth and washing your hands.

My 1st rule to becoming rich is to know how to save. Imagine you earn $10,000 a month, spend $9000 and save $1000. Your friend earns $5000 a month (half of yours!!), spends $2500 and saves $2500. Who has the last laugh now?

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