Personal Finance Basics – Nine Tips To Save Money
Thursday, October 15th, 2009When it comes to personal finance basics,there are many useful tips to save money.And here are just some tips which are worth for you to take time to follow.If you follow the suggestions here,you can save lots of money per year.
No. 1 Tip: Always requesting free samples.
When we do business,we need to check the some samples of the items.Some big sellers like Petsmart or K-mart provide free samples to their customer everyday.The range of the free samples are wide from personal hygiene and skin moisturizers to cleaning products or pet food.You can require a sample if you are interested in the products.Another good way to have a sample it checking the manufacturer’s website.Some of them do provide free sample of their new products.If you want to have some free sample,you can Google ” Item name free sample” before you call or visit the related stores.
No. 2 Tip: Manage your credit card carefully.
Credit cards are useful when you want to buy something,but it also could be very dangerous.Some credit cards charge you with high interest rates,so you may just require to pay high interest than you expected.
When you are using credit card,you should know the follows:
- try to buy stuffs with cash as possible as you could.
- do not buy with a credit card if you can not afford it.
- be sure that you have paid the balance timely.
No .3 Tip: Avoid Emotional Buys.
It is normally for people to visit the supermarket store.However,the problem is that when we left the store we always buy something we do not expect to buy before entering a store.The solution of this problem is a shopping list,write down what you really need to buy an follow you plan completely.This tip is suitable for any kinds of shopping,suck like entertainment,books or wardrobe.So just have your list and follow it.
No .4 Tip: Buy The Sale Rack.
It is another personal finance basics which we should tell you.Stores like to sell some overstock items at cheap prices.So before you entering a store,you should check the special offers of the stores and your list.Because,you may find that some items in your list are on sale at a very price cheaper the regular price.Just check if the items are on your list.
No. 5 Tip: Save Your Money.
Everyone knows how important that is,but it could be very difficult especially when we are lack of cash.But this is the most important step we need to take before becoming rich.According to some professional,one needs to save up to 10% of their weekly income.The amount may not big at all at beginning,but it you can insist and invest your money wisely,you can enjoy a nice retirement.
No. 6 Tip: Save Loose Change.
You may not pay attention to this tip before.But it is really a good way to save cash,every time when you back from local store,you may get some loose change in your pocket,what you need to do is just saving them in a safe place.Month after month,the amount of your loose money will increase,then you can save all the money in your bank account.This is a good personal finance basics which you should let your kids know.
No.7 Tip: Order in Bulk.
We have talked about how to shopping a lot,but there is another tip we should mention here.When you are going to buy stuffs from a grocery store,if possible you should buy in bulk or buy everything your family needs.In case,you like drink Apple juice and you find that the price could be 50% off for every order over 12 bottles.Then,you’d better buy over 12 bottles.This is quite easy,but many people just buy what in a very small quantity.
No.8 Tip: Use Coupons.
I know many people hate to collect coupons and shop with coupons in their pocket.But it is a very useful way for you to save lots of cash.Just pay attention to the Coupons,and use them when you are buying stuffs,you can easy to save hundreds of dollars every year.Some sellers would like to offer their customers some coupons which can be used when they visit the store next time.
No.9 Tip: Recycle Plastic Bags.
It is highly recommended because it is “GREEN” and can save your money on plastic bags.In many countries,retailers charge up to 10 cents on plastic bags when you need a plastic bag to pack products.The problem is that you need to visit local stores daily or weekly.Then how many bags are needed.So why not to take a plastic bags with you at next time shopping.Or possible,you can make a unique shopping bags and take it when you need to buy something,do not you think that is meaningful?You do not need to spend more money on plastic bags.
These nine money saving tips are very simple and funny.It is a good step for you to adopt them and have good finance habits.
