Eight Steps to Tackle the Money-Saving Process (Part 4)
|Gregory Thomas is the editor of
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Part 4: Eliminate Unnecessary
find that one of the easiest ways to come up with additional money
is to first put an end to all the needless spending.
I'm sure you are all familiar with
this concept. Every single one of us has been guilty of wasteful
spending at one time or another in our lives.
For example, have you ever walked
into a store just to "look around" and ended up spending
$50+ on stuff you didn't plan on buying?
Or how about the five or ten dollars
spent on junk food and impulse buys at the supermarket? It may not
seem like much at the time, but that money adds up to a rather hefty
bill over time.
These are examples of the types of
spending habits you want to try and rid yourself of, especially
since you are striving towards the GOAL you decided on awhile back.
Refining this approach, you can start directly eliminating
unnecessary spending with most, if not all of your monthly variable
Where To Begin
Now that you have a list of all your
monthly expenses and have singled out five of the most excessive
bills, it is time to start eliminating unnecessary spending in these
When you start tackling your
expenditures on an individual basis, adopt the mind set that EVERY
dollar is important and valuable to your personal goal. Five or ten
dollars may not seem like much to save off one bill per month, but
if you multiply that by all your bills, over the course of a year
you get a much more substantial figure.
You may soon find yourself saving an
extra one or two hundred dollars a month just by eliminating
excessive and unnecessary spending from your monthly expenses. And
the best part is that you did not have to get another job. You did
not have to work overtime or additional days at your current job.
All you did was tackle each individual monthly expense with
creative, yet effective, money-saving techniques.
Since you have already singled out
the five bills that seem to be the most excessive, you have a
specific starting point. Remember, there's no need to overwhelm
yourself by trying to lower all your monthly bills at once. Not only
will you burn yourself out, but you won't maximize your savings
potential with each individual bill.
Finding Effective Money Saving
In order to lower your bills to their
lowest possible amounts, you will need to devote some time to
research and find tips specifically designed for each particular
For example, if you are trying to
lower your household electric bill, you would want to search the
Internet, contact your electric provider or visit their website (ie:
sce.com), check out the local public library or maybe even a
bookstore for any sources providing useful, relative tips.
Once your're finished researching, you will
have a list of all the tips you plan on implementing similar to
to lower wattage/energy efficient light bulbs
ceiling fans (reduce AC & circulate hot air)
temperature on water heater & refrigerator
attic area and access panels
& caulk ALL air leaks
turn off appliances when not in use (ie: TV)
outdoor window shades to help cool the house
**HINT** When you're ready to
start searching for money saving tips, put your modem to work for
you. The Internet is FULL of resources. You just have to find the
relative information you're looking for.
If you don't feel like taking the
time to search the web, and you want to get started immediately
lowering your monthly expenditures, we have written over 60+
articles and ebooks you can access literally five minutes from now.
Get more information by clicking (or typing) this web address: http://www.SavingSecrets.com/specialoffer.html
Next Issue -
Part 5: Weighing The
Cost, Risk, and Benefits