Happy New Year! Here are some time tested priciples for keeping more of your hard earned money.
1. Keep track of your money. Do you know where your money is really going? If you are like most the answer is no. This is an area I think we all need to do a better job of focusing on. When we started focusing in this area we found that our money stretched a little further than we thought.
1. Keep track of your money. Do you know where your money is really going? If you are like most the answer is no. This is an area I think we all need to do a better job of focusing on. When we started focusing in this area we found that our money stretched a little further than we thought.
2. Plan ahead. This takes practice but in time it can be managed. Remember Christmas is in December every year. If you start to prepare for the suprises that really aren't suprises you cut done on a lot of frustration and zero account balances.
3. Save consistantly. This is a habit and can be acheived if the other two principles are followed. Habits are formed over time so take it slow. The best way is to make it automatic.
4. Eliminate debt. Debt is the reverse of savings. Once you get rid of this monster you can move on to bigger and better things, like investing.
5. Give habitually. Those who give get. Remember that you give because it makes you more generous and compassionate. We could all use more of that.
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