Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/a26f9f83/public_html/articles/includes/config.php on line 159
How To Get Ahead On A Low Income > NetSparsh - Viral Content you Love & Share

How To Get Ahead On A Low Income

Do you struggle from week to week trying to make ends meet? Are you consistently going without things that you really wish you could afford? Well I have some possible and practical solutions to your dilemma:

1. TIPS TO HELP YOUR BUDGET STRETCH FURTHER.

There are many ideas that you could adopt to help your hard earned dollars buy more than you could before (or so it seems!)

· Do you take your lunch to work? You could save between $15 -$25 per week, if you packed it yourself. You'd have to make it interesting so you weren't tempted to go and buy something else.

· Make your lunchbox food, and that of your children, rather than buying stuff. It is so much cheaper and often tastier! Start making cakes, biscuits and slices etc. If you have a bread maker, make bread and home made rolls for the kids. Get them to design their own shapes, they'll love it. If you add up the costs of bought biscuits, cakes, muesli bars, etc, you'd realise this could be a huge saving, and considerably better for you. It's just a training and prioritising exercise, you can do it if you really really want to save the money.

· Do you eat out regularly, or have a coffee or supper at a café? Why not consider having friends over or going to their place for tea or a night out. Play games, watch a video, whatever. This would be great fun but importantly, A LOT CHEAPER. One video hire for $7 compared to all of you paying $12 each to go to the movies. A meal out could cost $70 for 2 people quite easily, and that often doesn't include drinks. You could have a great dinner party for that ? and share it around at friend's places so you all get a turn of cooking and resting as well as sharing the costs.

· Menu planning is a great way I've found to reduce my weekly shopping bill. Menu planning involves deciding at the start of the week what you'll eat EVERY night (and day) that week. Include a couple of pasta dishes or cheapies like tuna mornay or whatever. Determine what ingredients you'll need for all these meals and then only shop for those items. You'll find you wont have the waste and you wont buy 'on the spur of the moment' items. This could also save about $20 - $50 per week (depending on your family and tastes etc)

If you put your mind to it, I'm sure you could come up with heaps more ideas of HOW you could make your income go further.

2. If you have your belt pulled in as tightly as you can, and you really can't find any areas of your life that you could spend less, then perhaps you could try and increase your income. I don't mean ask your boss for a pay rise either. There are many ideas of earning extra income at home e.g. home based business ideas or running your own internet business. Both of these ideas are cheap and easy to start up, you just have to know how and where. I won't go into any detail here, you may want to chase up some of my other articles later.

Saving more money or earning more income on its own is NOT going to make you any wealthier. It's what you do with those savings or extra earnings that will set you apart from the normal and help you get ahead in life.

Based on my own experience, I have found that investing in real estate, particularly real estate with a POSITIVE CASH FLOW, is the best and most secure way to get ahead and stay ahead.

Before you think 'I can't do that, only the rich can invest in property,' then I want to tell you that 'ANYONE CAN INVEST in POSITIVE CASH FLOW property.' You just have to know how (refer to other articles of mine).

How much could we estimate you could save each week based on only those suggestions at the beginning of the article:

$15 (packing lunch)
$10 (lunchbox cooking)
$30 (going out)
$20 (menu planning-cheaper shop)
____
$75 (POTENTIAL SAVING)
====

Now, what's something productive you can do with this saving to help you really increase your wealth and get out of the 'rat race?'

SOLUTION: INVEST IN POSITIVELY CASH FLOWED PROPERTY.

The changes you've made to your budget will get you the deposit in no time, plus your extra earning (if you made some!) After that, the tenants pay off the mortgage for you (assuming it has a positive cash flow). You also have some left over money from your better budgeting which you could put towards the mortgage, or better still, save for another deposit on another property.

Before you go investing in real estate, I'd encourage you to get educated so that you really know what you're doing. If it's not done properly, it could be expensive, but if it's done correctly, then it will set you up for the rest of your life.

I hope you have found this article thought provoking and encouraging. You can change your current circumstances if YOU CHOOSE to. I hope this has given you some positive ideas as to HOW.

Mandy Nield is a recognised authority on the subject of investing. Whether you are a fully experienced master craftsman or a raw apprentice, you will learn exciting and achievable ways to improve your saving and invest profitably in real estate, to secure a financial future.

http://www.anyonecaninvest.com

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Los Angeles Times

Reading about privileged New Yorkers' personal finances will make you believe in socialism
Los Angeles Times
Like most first-person tales of personal finance, they mostly exist so the rest of us can judge their choices in the comments. Who drops $175 for weeknight sushi? Are you really doing a monthly clothing subscription when you have student loans to pay? Etc.

and more »

Forbes

7 Personal Finance Books You Need to Read This Summer
Forbes
It's summertime, and that means relaxing by the pool or on the beach. But before you pick up the latest paperback thriller to read by the water, consider giving your brain a little bit more of a workout. These 7 personal finance and self-improvement ...


MarketWatch

Why husbands and wives lie about their salaries and you should make your Venmo account private
MarketWatch
We're more than halfway through the week, MarketWatchers! Here are Wednesday's top stories in personal finance. Personal Finance. When wives earn more than their husbands, they both lie. It's increasingly common for wives to make more than their ...


The Villager

In the future of personal finance, consumers are king
The Villager
But automation will actually allow consumers to have much more control over their personal finances, not less. And it promises to be a lucrative avenue for financial organizations. In the next 15 years, KPMG's Cliff Justice estimates that “45 percent ...


FOX News Radio (blog)

Miriam Cross of Kiplinger's Personal Finance On the Best Banks For You
FOX News Radio (blog)
Not all banks are created equal. If you've shopped banks at all to find the best deals, you know the offerings can be very different depending on where you go. Fortunately, the personal finance magazine, Kiplinger's, has taken a deep dive into the ...


Waterloo Cedar Falls Courier

How Much Does Your Dream Home Cost?
Waterloo Cedar Falls Courier
What does your dream home look like, and how much does it cost? Whether it's a cottage on a secluded beach, a stately mansion on a hill, or something in-between, your dream home probably won't come cheap. Two recent surveys agree that America's ...


Journal Times

Worst States For Cybersecurity
Journal Times
Unless you take steps to protect your personal and account information, you're at a high risk for identity theft – and the residents of some states are less vigilant than others when it comes to cybersecurity. A survey conducted by cybersecurity ...

and more »

Chattanooga Times Free Press

Personal Finance: What is the Strategic Petroleum Reserve?
Chattanooga Times Free Press
Stories emerged last week suggesting that President Trump is considering a release of crude oil from the Strategic Petroleum Reserve in an effort to nudge oil and gasoline prices lower. So, just what is the SPR, and can the president successfully use ...


CNBC

This nonprofit will give you $1000 if you take a few personal finance classes
CNBC
Once they've successfully completed the classwork, students take a 35-question exam and sign up for two years of free financial advice with a fee-only financial advisor. Fee-only financial advisors don't receive commissions from the sales of insurance ...


Glenwood Springs Post Independent

Personal Finance column: Are your retirement faucets dripping?
Glenwood Springs Post Independent
In my spring season of life when financial assets were minimal, I was very cognizant and intentional about how I used my money. Each choice was calculated and appreciated. It was hard, but it taught me the value of the dollar. Think of a time when you ...

Google News

Budgeting Tips to Save Real Money

Sticking to a budget can be difficult, but with so... Read More

Personal Finance - Have Consumers Had a Belly Full of Personal Debt?

For months, we were trigger-swipe happy, putting our groceries, clothes,... Read More

Why Live Frugally

What is it about being frugal, why do it at... Read More

Creating A Household Budget

Creating a budget can be a very difficult task. Although... Read More

Students Investing in Their Future Need to Manage Their Finances Today

With the A-level results coming out, the long wait for... Read More

Im Broke, How Can I Afford...

I'm still amazed every time someone comes to me complaining... Read More

Save Money on your Clothing Budget. Tame the Closet Monster!

Reducing the clothing budget was a serious challenge for me.... Read More

Budget Planning - Its Elementary My Dear Watson

Does it feel like you have to be Sherlock Holmes... Read More

Reporting Identity Theft

Would you know what to do if you suspect that... Read More

How To Protect Yourself Against Identity Theft

Identity theft is a serious crime that continues to grow.... Read More

5 Ways to Absolutely Destroy Your Finances!

Ben Stein has a book called How to Ruin Your... Read More

First Checking Account ? When is it Time?

We all know that money doesn't grow on trees, but... Read More

Accessing Funds You Never Knew You Had- Household Utilities and Mortgage Expense Reduction Plan

For most of us the process of getting out of... Read More

More Money? My Cup Runneth Over...But Im Still Thirsty

Most of us, especially those of us who have debtor's... Read More

How To Reap The Rewards With Rewards Programs

Recently, many of these loyalty rewards programs have come to... Read More

Reduce College Debt with Scholarships

Six Scholarship judges were sitting around an oval table. Forms... Read More

Identity Theft is a Major Problem: Whose Responsibility is It to Protect the Consumer?

We have heard a lot about consumers' personal information getting... Read More

Family Money Management: The Importance of Agreement

Are you having problems with debt? Are you afraid to... Read More

University: A Course in Personal Finance

Recent findings from the Educational Policy Institute indicated that the... Read More

Budgets And Eating - Can They Co-Exist?

Whatever your reason for having a tight budget, the truth... Read More

Developing a budget? Watch out for Those Budget-Bursting Gremlins

If you've developed a household budget to get your spending... Read More

Why We Are Never Satisfied with What We Have

I have to admit, I do it too. I complain.... Read More

Saving Dimes Can Go a Long Way

On the other hand, there are those people who are... Read More

How Electronic Checks Work ? Will Paper Checks Eventually Go Away?

Traditional checks probably won't disappear anytime soon, but processing checks... Read More

Grocery Savings - Your Kitchen is a Goldmine!

Your food budget is the most flexible area of your... Read More