Saturday, November 27, 2010

Money Saving Ideas

We often get depressed/stressed because of money problems. We need money to buy the things we need and want. We can all be smarter with our money.

One of the best money saving ideas that I have come across is saving your money gradually. Everybody wants easy money and everybody wants money now, but 99% of the time this is unrealistic. The way to have money is to save it gradually. Its like learning a sport or a musical instrument. You can’t just one day pick up a guitar and expect to be Stevie Ray Vaughn. You have to gradually invest something (like money in this case) and then one day you’ll be where you want to be.

So stop spending money on crap you don’t need and start saving for the day when you will see something you really want or really need. Most people don’t have a couple of hundred or couple of thousand dollars to spare when they could use a vacation, or they need a new car, or an emergency happens.

Let me paint you a beautiful picture for a moment. Save $100 every month for 1 year and you will have $1200 at the end of it. You can go to a 5-star resort in the Caribbean and have the week of your life for that amount. You can buy a massive TV. You can get a dream couch (or even a sectional dare I say). Even a homeless person can save $100 a month.

Lets say you’re a family. Save $300 a month for 1 year ($3600) and you can go on a nice trip for a week or 2, like to Europe for example. Or you can get a state of the art home theater system. Or you can start a family business. Or you can just keep it and keep saving until the day you see what you want or need.

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