7 Unique and Simple Money Saving Secrets to Help Create Financial Freedom
It is no secret that today - more than any recent time - it is harder to create financial freedom for you and your family.
Below you will find 7 simple money saving secrets that you may have never heard or thought of before.
These secrets really can help you create financial freedom faster than you may think.
After all, they can't hurt right? So without further ado, your seven simple money saving secrets to help create financial freedom.
7 Simple Money Saving Secrets 1.
Use Cash.
Using cash will help you save money in a couple different ways.
First, it can help you to control your spending habits.
Take out $40, $100, $200, whatever you set out for yourself for a given time and stick to that.
This will help curb impulse credit card spending.
Now, whatever change and/or money you have left over you can put in your savings.
Even if you pay cash for your next double cheeseburger at the drive-through, saving the change in a bucket will add up over the course of the year.
2.
Cut the Starbuck's.
You may have seen this one before but this will save money and calories.
Your $4 a day habit can be pretty costly.
Let's say you spend $4 on your latte five days a week (Monday through Friday).
This adds up to $20 a week, $120 a month, and $1460 a year.
Just think, cutting this habit in half could save you $700 a year.
That will help your cause towards creating financial freedom.
3.
Wash in cold water.
Depending on a few different factors, the cost of heating your hot water accounts for about 80% of your washing machine utility cost.
Washing your clothes in cold water is an old money saving secret that is just as effective, saves money, and you won't end up with pink socks! 4.
Clean out your car.
Those golf clubs or storage boxes that have been sitting in your car for weeks? Get them out! While it may not seem like much, that extra weight weighs down your car (especially smaller cars) and limits your gas mileage.
5.
Drink more water! Similar to number two above, this will save you money and calories.
Do you know why restaurants can offer some foods so cheap (think value menus)? It is because they make so much profit on the drinks.
It sounds simple to think that drinking water will save you money, but just enjoying water out to dinner rather than soda - or even an alcoholic drink - can go a long way towards bettering your financial situation fast.
6.
Quit smoking.
7.
Make a list for the grocery store.
Another simple-sounding money saving secret.
It is estimated that anywhere from 40-60% of our grocery bills come from unplanned purchases.
These are often chips, cookies, magazines, miscellaneous snack items, and frozen dinners.
So next time you go grocery shopping make a list, stick to it, and save money!
Below you will find 7 simple money saving secrets that you may have never heard or thought of before.
These secrets really can help you create financial freedom faster than you may think.
After all, they can't hurt right? So without further ado, your seven simple money saving secrets to help create financial freedom.
7 Simple Money Saving Secrets 1.
Use Cash.
Using cash will help you save money in a couple different ways.
First, it can help you to control your spending habits.
Take out $40, $100, $200, whatever you set out for yourself for a given time and stick to that.
This will help curb impulse credit card spending.
Now, whatever change and/or money you have left over you can put in your savings.
Even if you pay cash for your next double cheeseburger at the drive-through, saving the change in a bucket will add up over the course of the year.
2.
Cut the Starbuck's.
You may have seen this one before but this will save money and calories.
Your $4 a day habit can be pretty costly.
Let's say you spend $4 on your latte five days a week (Monday through Friday).
This adds up to $20 a week, $120 a month, and $1460 a year.
Just think, cutting this habit in half could save you $700 a year.
That will help your cause towards creating financial freedom.
3.
Wash in cold water.
Depending on a few different factors, the cost of heating your hot water accounts for about 80% of your washing machine utility cost.
Washing your clothes in cold water is an old money saving secret that is just as effective, saves money, and you won't end up with pink socks! 4.
Clean out your car.
Those golf clubs or storage boxes that have been sitting in your car for weeks? Get them out! While it may not seem like much, that extra weight weighs down your car (especially smaller cars) and limits your gas mileage.
5.
Drink more water! Similar to number two above, this will save you money and calories.
Do you know why restaurants can offer some foods so cheap (think value menus)? It is because they make so much profit on the drinks.
It sounds simple to think that drinking water will save you money, but just enjoying water out to dinner rather than soda - or even an alcoholic drink - can go a long way towards bettering your financial situation fast.
6.
Quit smoking.
7.
Make a list for the grocery store.
Another simple-sounding money saving secret.
It is estimated that anywhere from 40-60% of our grocery bills come from unplanned purchases.
These are often chips, cookies, magazines, miscellaneous snack items, and frozen dinners.
So next time you go grocery shopping make a list, stick to it, and save money!
Source...