Wednesday, June 19, 2013

How To Save More Money In Your Piggy Banks

Years ago, piggy banks are popular ways to store loose coins. Now, you can still use this to save money, not just loose coins and deposit the entire amount when it is already full.

Here are some simple strategies on how to add savings to your piggy bank.

image credit: google images

Drop all loose coins as soon as you reach home. When I go grocery shop, I take a lot of coins with me since cashiers use these change down to the last cent, which makes my wallet burst with coins. So keep a minimum coins in your wallet and save the rest on your piggy bank.

image credit: writeonnewjersey

Sell your unwanted items. Hold a garage sale, sell your stuff in craigslist or Ebay. You may find it challenging at first, especially if you haven't done this before, but this is another way to make money. This will also help you get rid of clutter at home.

Reward yourself by saving a specific amount. No need to achieve big victories, just simple ones will do. For example, save $5 after doing a spring cleaning in your room, or save $10 when you lose four pounds in a month. You can make your own 'victory list' with corresponding amounts so you can fill your piggy banks in no time. Isn't that a fun way to save more money in your piggy banks?

Wednesday, June 5, 2013

Earning Through A Self-Sustainable Life Style

When sustainable lifestyle is being talked about, many people are thinking of acres of land to be owned in the middle of a country where technology, even electricity, does not exist. Here is just a quick correction. A sustainable lifestyle can happen anywhere and anytime so long as you decide to have one.
By aiming at this kind of living, you are opening doors of opportunities by which you can save money or earn some more money. For the saving part, here are the things you can do:
  1.  reduce your living expenses (by simply living with the bare essentials) 
  2. trim down your need for commercially prepared products
  3. reduce your living space which you need not fill with much possessions 

Since you will be encouraged to live simply, you can get in touch with your creative side all the more. With that creativity, you can earn additional income. Take a look at these.

  1. grow  your own food; you can always sell the extra supply
  2. raise poultry; sell the eggs and some stock
  3. learn craft-making and form a business out of of it
  4. if you have your own farm, convert it into a tourist spot that can generate profits

Monday, June 3, 2013

Ways To Raise Frugal Kiddos

I recall what one of my friends often say, "What kids want, kids get!". Many parents try to endure this reality in a rather painful way. They succumb to the apparent truth that today's children are very different from how the children of the previous years were. But hey! There are many things which can be done to get this straightened out. Only a few parents though are willing to give them a try because they involve discipline among the parents as well. Yes. In their desire to avoid arguments, parents just give in to their children's wants and forego the opportunity of teaching them frugality.

Limit your children's access to TV and internet - All the attractive products - particularly toys which kids today can think of are marketed through these mediums. Seeing advertisements involving kids of their age who hold the latest gadgets in their hands cause every kid to be envious, whine and prod their parents to buy what they want.

Remove electronic gadgets as much as possible - Although electronics do not carry advertisements, they make kids want the latest models as they see the newer versions other kids may have. Also, electronics  limit kids from doing more worthwhile activities like playing outdoors and with other children of their age.

Teach values and stay connected with families who adhere to similar values - Tell your children stories on saving and highlight the wonderful benefits you can get from doing so.  Most of the time, kids have to be reminded every now and then that they do not need to have the latest gadgets in order to feel happy. Surely, you have friends who teach similar concepts. Connect your kids with their kids so that your little ones would not feel alone regarding this matter.

Saturday, June 1, 2013

How To Retire Young Today

Retiring young is the dream of every worker. This is allows them to have some time to do the things they failed to do as they are spending much of their youth working. Retiring young is very possible to achieve provided that you have a detailed plan on achieving it. 

The details you need must start from determining the exact age when you want to rest and enjoy the fruits of your labour. With this, you can calculate how much time is left for your preparation. Perhaps, you just have two decades to prepare. Scheme on how your finances must be effectively managed. List how you will be spending the money that will be coming in and going out of your account on a monthly basis. Stick to this plan unless emergencies call for release of extra cash.

Save as much of your income and reduce unimportant expenditures at a minimum. For one, evaluate your needs and wants. Stick to having your needs met and not your wants. In the case of having more investments, adhere to the traditional procedures and not to the quick get-rich schemes. Invest on retirement plans, insurance plans and the like. Purchase assets with appreciating values which you can sell at a higher price in the future.