Do You Want To Save Money Easily?

Living on credit is fashionable. Indulging oneself is fashionable. Saving money isn't.

This is a pity, as it has much to recommend it. You have more peace in your life. The end on the month is simply a date on the calendar, rather than a countdown to the next pay-cheque. Purchases born of necessity can be made comfortably. Employment becomes a career, rather than a means of survival. You can look your boss in the eye, rather than dreading his gaze.

Why? Because you've saved up some money.

Take the cringe-factor out of your life. Erase the dread of the small hours. Put some money in the bank! You may not be able to increase your earnings, but you can decrease your outgoings. This has the same effect as getting a pay-rise; more money for you.

How to save money?

Simple!

Examine what you spend it on.

Then, erase fripperies.

Vices: drinking and smoking are habits that kill you slowly. Save up for your hospital care by giving them up. Your lungs, liver and family will bless you.

Gambling. Gambling is folly. There are only three games the player can use skill to alter the odds even slightly; horse racing, poker and blackjack. These take years of dedicated and expensive research to get good at. And you don't get rich. All the others will beggar you quickly if you play them. The odds are stacked against you, deliberately, by those who own the game.

Luck favours the bold, special need, or those under the protection of the saints. Betting is not brave, it's a compulsion, and no god watches out for gamblers. Examine the feelings that surround your impulse to gamble; you will find they eat away at the energy of your life.

Food. There is food that nourishes, and food that enervates. The former is cheaper: fresh fish, fruit, vegetables, clean water. The latter is more expensive, more garishly packaged, and more poisonous: potato crisps, sweets, fizzy drinks, burgers. Consider that you don't fancy junk food if you are sick; your body knows it takes too much energy to digest, and does not nourish.

Clothes. Do you need to buy fashionable clothes, so you can look like everyone else? If you need to blend in, fine. You can be sure the leaders of fashion don't. They head to charity shops and buy Harris tweed and old lace for pennies. They get suits made to measure by sweated labour in Thailand. That's how they get that 'unique' look. What's that, you don't like the idea of sweat-shops? Guess what, that's where a lot of fashionable clothes get made anyway. It's called 'outsourcing' and 'offshoreing'.

Automobiles. Running a car in the UK costs about £5000 ($9000 USD) a year, all-in. Save, by buying a second-hand auto. Save, by buying a less powerful, more fuel efficient model. Save further by thereby getting lower insurance and road-tax.

Personal foibles: I used to buy a lot of internet magazines. These cost up to £5 each, or about $10 in USD. I found a lot of information about the internet, was already on the internet, so I stopped buying the magazines. There are very few papers or magazines worth reading. Find the few that inform, rather than titillate, waffle or distract. Visit the local library, it's free. Drop in to a 'Borders' bookshop, and have a free read.

Debt. Don't buy what you can't afford with someone else's money. Credit cards are an expensive way of getting a loan. Try your friends or relatives first. Your local credit union is a good option; better rates, better terms, friendlier faces. Better yet, don't borrow. Live free. Keep away from the loan-sharks. You can manage without that holiday.

Put your saved money in a high interest, 180-day notice account. Put it in a bank different to your current one, in case the latter goes bust. Make a mental note that it's for emergencies only, then contrive to live 'safely'.

Save up enough to last you a year and a day off work, and notice how much calmer and confident you feel!

About the author: T. O' Donnell (http://www.tigertom.com) is an ecommerce consultant in London, UK. His latest project is a loan and mortgage calculator, available at http://www.tigertom.com/mortgages-uk.shtml

In The News:

Black Wealth Summit  The Times Weekly

Real Estate Stories that Show You How!

Let's begin easing you out of the pits. I mean,... Read More

Business Ownership, Cash in Your Pocket - Today!

Yesterday we learned that 74% of all wealth is created... Read More

The Top 10 Steps to Becoming a Millionaire

There is perhaps no more important decision than to take... Read More

Residual Income - Part Three Finding Leaders

In my last article on Creating Residual Income I mentioned... Read More

Does the Moon Have Covers?

Recently, one late winter night, my four-year old son and... Read More

Wealth Building Strategy

There are many of us who are working on our... Read More

Online Retirement Opportunity: Freelance Copywriting

For most of us, the idea of retiring simply on... Read More

What is Your Creative Retirement Plan?

The idle are a peculiar kind of dead that cannot... Read More

5 Easy Ways to Save and Build Wealth

1. Pay off high-cost debt. The best investment most borrowers... Read More

Investment Techniques For Creating Passive Income

There are many wealth creation strategies and investment techniques available... Read More

Investing is About Discipline

If you don't have discipline then walk away from the... Read More

How To Get Paid Instantly Via Stormpay? Try Online Rewards Programs

E-currency is very popular on the Internet today. People use... Read More

How Should I Create Passive Income?

If you're wondering where to create passive income, then you... Read More

How I made $122,000 and lost $132,000 - A lesson in Assets vs Liabilities

This is a true story from my own experience that... Read More

The 11 Best Money Saving Ideas of All Time - Part 2

At any time in history, no matter what the current... Read More

Wealth Creation and Mortgage Planning - Two Great Tastes that Taste Great Together

What if I were to tell you that almost everything... Read More

7 Wonders of the Offshore World

Many people assume that the offshore world is accessible only... Read More

Finding Financial Freedom

Do you ever get this in your email box: Find... Read More

Wealth Building Tips: Manage Your Money

As someone who loves to shop, enjoys holidays and owns... Read More

Endowments and Endowment Shortfalls - What You Need To Know

Endowments and endowment mortgages have received a lot of bad... Read More

Financial Planning for Beginners

Financial planning at an early age may seem complicated, however... Read More

Four Pillars of Creating Wealth

Some people in this world are thinking that their poor... Read More

The 11 Best Money Saving Ideas of All Time - Part 1

At any time in history, no matter what the current... Read More

You Can`t Cheat An Honest Man

Author: James Walsh ISBN: 1563431696: Publisher: Silver Lake PublishingIn... Read More

A New Paradigm Shift In Earthly Wealth

Hello,If you dont understand this yet, or have not heard... Read More