Money Saving Monday

I have decided to make Monday the day I offer a few more money saving ideas.  So here goes:

> Stock up on non-perishables when you find a great price, such as toilet paper, diapers, napkins and the like. You’ll always need them. Finding a good price is the key. Think about where else you can buy this item other than a grocery store. Chances are you can do better.
 

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brand name companies anyway.  Remember, when it comes to saving money, every little bit adds up.

Buying generic store brand food products does save you money, and sometimes they’re made by the same

Money Saving Tips #1

One of the first things you need to do, if you’re serious about finding ways to save, is to track your expenses for at least six weeks.

Keep track of every single expense and track them according to categories (e.g food, utilities, mortgage or rent, entertainment etc).  At the end of six weeks you will most likely determine that you are spending more than you thought on something.

As soon as you know where your money is going you’ll be ready to make the changes necessary to increase your savings. 

Here are a few tips to start:

- Save coupon money. Shopping with coupons is a great way to save a few dollars, but if you don’t put your coupon savings aside, eventually you'll spend it. Try putting the money in a jar at home

- Pay cash for big ticket items in exchange for a discount. Credit card companies charge retailers between 2 and 5 percent every time you use your credit card. That leaves you negotiating room.

- Haggle over the price of anything costing 500 dollars or more. You’ll be surprised. You can save up to 20 percent. It never hurts to ask.

- Save a lot of the money you spend on lunches. If you eat out for lunch every day, add up what you can save: somewhere around twelve hundred dollars a year just by bringing lunch from home

 

I'll have more tips later.

Emotions Cause Bad Decisions

Have you ever said or done something, in the heat of emotional stress, that you wish you could take back?

Wrong financial decisions also stem from emotions - which is why you should have a Financial Advisor.  They take the emotions out of the picture and help you focus on what is truly right for you.

Let your kids use their imagination

When we were young we went out after school and played. We did not have every

minute scheduled. We went to the backyard and we fired up the neurons of our brains by making up dragons, diamonds, demons, and dinosaurs out of nothing.   Let your kids taste some of that. Demonstrate downtime for them and cancel some of their busy activities

Foundations for Financial Success

Welcome to my first Blog:

This is financial planning in a nutshell.  It's all about taking the pieces of YOUR puzzle and putting them together in the right place to ensure your picture is clear.

This blog will give you ideas, topics and information you need to help establish your Foundation for Financial Success