How To Save Effectively
I know that I usually suggest to you ways to relieve you of your cash (albeit at a discount) by telling about all the fabulous deals around, but regular readers will know that I like to talk about saving as well, from time to time, such as how to save on groceries, how to reduce your gas bill, etc. Today I just want share some general tips about saving, which I picked up from here and there.
Make a balance sheet: You don’t have to do this your entire life, just do in for a few months: track all expenses, make a note of them; remember to add even the smallest outflow from your pocket. This is a great way to figure out that perennial question where did the money go! This also comes in handy when you are trying to prioritize spending and for drawing up a budget plan. Make a budget and STICK TO IT!
