Thursday, November 24, 2011

How to save money fast

In order to save money fast I suggest you do the following:

1. Make a budget of your expenses daily, monthly and weekly 

Define your expenses to the amount of money you can spend and not spend more than that. This is going to be used to control yourself and not buying things you do not.

2. In reviewing your spending what and how much you are paying

There are many expenses that we have that we can reduce by making small changes. For example if you see that you're spending too much on cell phone reviews the plan you are and assess whether there are other alternatives to spend less. Often only with change plans can save a lot.

3. Reduce costs unnecessarily

Once you get to define what are your expenses defines those that are unnecessary and can be reduced. For example if in your meal expenses you spend $ 30 dollars a day and that includes a $ 5 Starbucks coffee you drink every day, think how much you would save if you stop taking this coffee for a month. At least $ 150 pesos or dollars you could save.

4. Define a specific amount you want to save. 

When you set a goal in your mind is easier than you do. If you just want to say much that is not saving enough for your subconscious. Dare to define the figure to reach 30, 60 and 90 days and you will slowly doing things to get the number.

5. Avoid expenses and purchases that are not necessary 

If you have the numbers and you know how much you want to save now trying to control you with all those purchases and expenses that are small but which together can help you save money.

Some simple things you can do are:

- Call as little as possible by phone 
- Do not buy food on the street, take your work home food 
- Plan your shopping list 
- Do not go to super hungry so you do not buy things you do not need 
- Before you buy anything ask yourself: Do I really need this? 
- Do not use your credit card into debt 
- Do not drink soda 
- Stop paying for certain services and what you can do things like cleaning, car washing, ironing, etc.

"Do not be embarrassed to ask for discounts, think that money is better in your savings in the pocket of someone who sells you things"