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Money Saving Tips

Money Saving Tips

How We Saved Money On Our Wedding

There are so many ways to save money for your big day.  You don’t have to spend thousands upon thousands of dollars in order to make your wedding day special.  In fact, with the help of family and friends, you can have a nice wedding for much less than you might expect.

When my husband and I got married we didn’t have very much money to work with.  We both were in agreement that we were not willing to go into debt in order to pay for our wedding.  In fact, the idea never even crossed our minds.  To us, our life afterwards was much more important than our wedding day.

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Money Saving Tips

Read Books For Free And Sell Books You Do Not Need

Books can be really expensive, but the knowledge we can gain from them is sometimes priceless.  That being said, I am all about being a good steward with my money, so below is the process I follow when I want to read a certain book.

Whenever my husband or I learn about a book that we want to read, instead of going out and buying it right away, we check our local library database online to see if they have a copy available.  If they do, we put in a request online and we are notified when it is ready for pick up.  We do this for all the books that we only plan to read once.

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Money Saving Tips

Top Ten Excuses For Not Saving Money

We can all come up with excuses for not doing things we find distasteful.  For some people, saving money is like a dreaded chore and they make up all kinds of excuses in order to avoid saving.  Here are the top ten excuses for not saving money:

1.  I can’t afford to save money.  Actually, instead of thinking this way, you need to understand the importance of paying yourself first.  Before the bills get paid and you buy that new gadget that is being advertised on television, tuck away a small amount each month or each paycheck towards both your retirement savings and your rainy day savings.

2.  I want to enjoy the here and now and not worry about tomorrow.  There’s nothing wrong with enjoying the present, but you don’t want to do so at the expense of your future.  You need to make sure that you are properly saving for your future and not getting yourself so deep in debt that you won’t be able to dig yourself out.

3. I’m not good with money so I just can’t seem to save it. This is a money script that is harmful.  You need to change the way you think about money.  After all, money is just a thing.  You can be in control of your own money, it should never have control over you.

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Money Saving Tips

Expensive Habits To Break in 2010

If you take a close look at your current lifestyle, there are likely one or two habits that you have developed that have cost you a lot of money over the years.  My challenge to you is to work towards breaking those expensive habits this year so that you can use that money for bigger and better things such as saving for your future, doing some home renovations, or taking a much-needed vacation.

I’ve listed below just a few of the many expensive habits out there.  I’m sure you could come up with more of your own that you need to challenge yourself to overcome.

1.  Unused gym memberships – There’s certainly nothing wrong with paying for a gym membership if you actually go to the gym regularly and make good use of it.  Unfortunately, however, a lot of people don’t use the gym enough to merit paying for a membership.  If you’re one of those people, I recommend canceling your membership and getting exercise by some other method such as jogging with a friend or family member regularly.

2. Specialty coffees – If you find yourself stopping at Starbucks every morning for your favorite specialty coffee, consider buying the mix and making a cup at home.  You can bring it to work in a mug or thermos for a fraction of the cost.

3. Buying lunch everyday – Rather than throwing away your hard-earned money day after day by buying lunch at your work cafeteria, get into the habit of bringing your own lunch to work using leftovers from the night before.

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Money Saving Tips

Cashing In On Your Spare-Time Interests

Have you ever thought about earning a full time living from your hobbies? It doesn’t matter if it’s sports, crafts, or even trading merchandise – it’s more than possible to earn a living with your hobbies – it’s the major source of income for millions of people all over the world!

Sometimes what seems like a career actually begins as a hobby for someone. Many couples that are adept at home repairs have a hobby of investing property, fixing it up, and flipping it into a profit.

The key to making mounds of money from your hobby is to pick something that makes you happy. You may not enjoy home repairs like your neighbor. Maybe you have a passion for taking everyday things and making an extraordinary piece of art from them.

The best thing about profiting from your hobbies is that you’re doing something that relaxes you and gives you joy in life. Not many people can say that about their jobs. In fact, most people in surveys would love to trade in their 9-5 corporate gigs for something more rewarding.

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