Wealth Harvestor- Make Money, Save Money, Be Rich

Facts, secrets, news & information about making money, saving money and creating wealth.

Wednesday, July 30, 2008

Three simple tips to save money

Here are three basic tips from a middle-class family on how to save money on routine things as reported in this brief article

a.Go consignment store shopping-
It is quite an effective to not only save money but also make some.

b.Bundle up purchases-
Look at items from the monthly fixed expense list that can be bundled from a single service provider. A couple of good examples are using the same service provider for mobile phone, fixed line telephone, cable television and broadband Internet. Bundling up services from a single service provider often gets you package discounts.

c.Avoid paying interest on credit cards (or at least avoid high interest rates)-
Ideally, try to make it a point to pay your credit card bill in full by the due date; credit card interest rates can be outrageous and carrying over outstanding amounts on credit cards is one surefire way to deplete whatever savings you have very quickly. Enjoy the benefits of a credit, by all means, take advantage of the credit period to the maximum, but ensure the payment is made in full on the due date (card companies will hate customers like that.. but hey, you are out to save money for yourself, not help those companies make money off you!)


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