If there is one thing that I believe in, it is being very careful with money. Not only can it vanish quickly, but you never know when your car will break down or you need some gas money. These tips are for anyone of any age, regardless of how much you make (unless you make none). Some may be easier for others, but by doing these tips you will surely see your pocketbooks have some green lining!
1. Save Spare Change
I know it may sound super simple, but you would be amazed if I told you that if you simply saved all of your spare change instead of just loosing it like 71% of Americans admit they do, then you could potentially save 10 bucks a week. Think that’s not worth it? That adds up to about $520 a year, or roughly $33,280 in your adult life. That $520 could pay some bills, so remember “A Penny Saved Is A Penny Earned”.
2. Sell Things You Don’t a Want (or Need)
Everyone has books, games, or clothes they don’t want or need. Instead of letting them gather dust or throw them out, try selling them on eBay, Craigslist, or at shops like Plato’s Closet. Even team up with friends and have a huge rummage sale. However, it should be noted that not all items are worth money. Do some research before you start selling.
3. BUDGET: And ALWAYS Save More Than You Spend
At the beginning of every paycheck cycle, I always budget for how much I will spend vs. how much I save. I actually manage to always save a little over half, which is hard for most people. However, what you can do is save at least a THIRD. Always think before you buy, and always live within your means. Don’t spend money you don’t have. Basically, be smart with your earned money.
We’ll continue this subject next week, as well as another topic for Tuesday Tips at 6 AM (EST) next Tuesday! Comment your thoughts or suggestions or contact me personally at firstname.lastname@example.org