Image via WikipediaOver the next three and a half months our blog will be sharing with you 101 cost savings ideas that will help you keep more of your hard earned money in your pocket and not let it get away. So many time I see the “death by a thousand cut” situation. These are people whose house payments and car payment are reasonable. By reasonable, I mean the house payment including insurance and property taxes are between 25 and 31 percent of their net take-home pay. We see all kinds of little things that they are paying extra money for. By themselves they don’t mean much but added together, these little cuts can cause you to bleed to death. Over the past few years we have seen the $400 cell phone bills, $190 tv/phone/internet/cable bills, $600 a month in Starbuck and much more. We will share some of these stories with you.
Please keep in mind, regardless of how much money you reduce from your monthly spending, having a clear, on paper/ on purpose budget is the foundation. It would be like me going and running 2 to 3 miles every morning and then going to breakfast and eating sausage biscuits and gravy with extra cheese and extra gravy. I feel great about the running, but I bet I won’t lose many pounds. Keep track of the money coming in and coming out is absolutely the best thing anyone can do to have a healthy financial plan. Follow us over the next 101 days and soak up the savings ideas.
Please keep in mind, regardless of how much money you reduce from your monthly spending, having a clear, on paper/ on purpose budget is the foundation. It would be like me going and running 2 to 3 miles every morning and then going to breakfast and eating sausage biscuits and gravy with extra cheese and extra gravy. I feel great about the running, but I bet I won’t lose many pounds. Keep track of the money coming in and coming out is absolutely the best thing anyone can do to have a healthy financial plan. Follow us over the next 101 days and soak up the savings ideas.
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