Save That Money
As we get closer to closing out 2017, did you find that you had financial struggles throughout the year? Has this been a pattern for you for the last few years? Well, I have three quick ways to help you out a little with that.
First of all, I am by no means a financial adviser. With that being said, I am person who is living within my life’s purpose. That purpose is to coach others into finding their own purpose in life.
That will be a lesson for another day, today it is about giving you three ways to save more money going into 2018. The first way that you will be able to save more money is to save about 80% of your income tax refund check.
I know, that will be a tough one but it has to be done. I do not care if you had plans to take a trip with that money, fix up the house with that money or just ball out with it.
For 2018, sacrifices will have to be made if you want to save more money. Whatever you need to do, make it work with that 20% left over from that refund check
The 80% that you have saved will be used for any emergency that comes up throughout the year. By saving that money, you will eliminate the need to borrow from check cashing places, family and friends, and running up your credit card bill.
The name of the game is incurring less debt. So the less you borrow from others, the more you will have for yourself in the long run.
The second way that you can save more money throughout the year is to cut the cord. Yes, I said it, cut that high cable bill by eliminating cable. In this day and age, everything can be seen online anyway.
By cutting your cable and only keeping the internet, you can save almost $150.00 a month. You can even add Netflix for about less than $20.00 if you are in need of some good entertainment.
I am not going to lie, it will suck at first. After a couple of months, you will get use to it though. I have been unplugged for almost 10 years now and am loving it.
The third and final way to save more money during the year is to not finance anything during the upcoming year unless it is a dire emergency.
Do not finance any furniture, any dental bills, or any other debt that will eat at your paycheck on a monthly basis. If you cannot afford to pay it all up front, then you do not need it.
These tips will not make you rich next year,but it will be a step in the right direction. You will notice that you will have saved a lot of money during 2018 which could be used to invest in your future, but that is another lesson for another day.
Remember, you can always go back to spending money like crazy and incurring unnecessary debt. Try something new for a change. The challenge is up to you.