3 Great Ways to Save Money

By Sally Jessop


Given the current economic climate, knowing how to save money is very important. After bills, typical expenses and the temptations people face every day, having money left in the bank at the end of the month can be very challenging. You have to pay attention to everything you buy, no matter how small it is. In this article we are going to talk about some simple money saving ideas that can help you improve your finances.

You can save money by leaving your health club or gym (if you belong to one). Fitness is very important, but you don't have to go to a gym for this. Most of the people who belong to health clubs only go once in a while. Your commute there also takes up time and money in the form of gasoline costs or public transit. Working out at home and jogging or walking in your neighborhood are both ways to save money on exercise. You can buy free weights pretty cheaply to do your strength training at home. Even if you purchase an inexpensive exercise machine, that's less than the cost of a yearly membership at a gym. Buying stuff used, when you can, is a great way to save money. There are some people who are uncomfortable buying used clothing, appliances, furniture, etc because doing so makes them feel poor but this is just a petty state of mind. You might feel better if you think of it as recycling. As long as you buy things that are in good condition why not save money by buying them used? If you buy a used vehicle for your next vehicle purchase you won't have to make car payments. Many record stores, as well as online sites, sell used CDs, which can be an inexpensive way to maintain your music collection. You can save a lot of money by keeping alert for good quality used products.

If 5-10% of your income is deposited into a dependent account before you "see" it, you'll stop considering it "spendable." After just a couple of weeks or months, you'll discover that you do not even miss this money because you will simply adjust to not having it. This will help you cut back on the amount of money you spend naturally while also helping you save. You can save lots of money by buying items used (when you can track them down). There are some people who are uncomfortable buying used clothing, appliances, furniture, etc because doing so makes them feel poor but this is just a petty state of mind. You might feel better if you think of it as recycling. As long as you buy items that are in good condition, why not get them for half the price, or even cheaper of new items? When you need to get a new vehicle, look for a good used one so that you don't have to make car payments. Lots of music stores and internet sites will sell used CDs which is a good and inexpensive method for building a music collection. By being open to buying things used, you'll be able to save lots of money.

Because most people don't take the time to look for free things to do, they end up spending lots of money on leisure activities. Instead of going to a shopping mall or movie theater when you have free time, look into what you can do for free. If the weather's nice, go for a walk or hike. Look in the paper, on bulletin boards and in free weekly publications for the free things that are happening in your local area. Popular free events include concerts and art gallery openings. When you really look for it, you will see that there are lots of things that can be fun to do that don't cost any money.

When you start to think creatively, you will see lots of ways that you can save money and your savings will start to climb. Most of the time, people don't look for ways to save so they end up spending way too much on things like entertainment, shopping and other stuff. The tips contained in this article will help you train your mind to think more frugally and save money in new ways.




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