2nd Annual Mother Daughter Tea May 7, 2016
Red Lion Pasco
Now looking for Mother & Daughter ModelsAnd table captains
Six Savvy Tips to Spend Less and Save Smart
Who doesn’t want to increase their savings so they can afford a great vacation each year or retire in style at age 55? Here’s a tip: Savings are directly tied to spending. The less you spend, the more you can save.
If your spending is out of control, here are six more savvy tips to super-size your savings.
- Analyze your spending for a month
Use an online budget tool or a spreadsheet to track everything you spend money on for one month. You might be surprised by how much you spend on dining out, groceries, entertainment, or clothing. Give serious thought to your purchasing patterns and look for ways to reduce spending. Do you really need new clothes? Can you enjoy less expensive restaurants when you go out or even start cooking more at home? Make a list before grocery shopping and don’t deviate from it. Look for coupons and sales before shopping.
- Review ongoing expenditures
When was the last time you comparison shopped your auto or homeowners insurance? Have you checked mortgage rates lately to see if you should refinance? Have you reviewed strategies to reduce your income taxes? Take a look at all of your subscriptions and ongoing monthly costs and figure out what you really need or if you can find a cheaper alternative.
- Make a monthly spending plan and put it in writing
Budget for all major expenditures and give yourself spending limits for different categories, like eating out, entertainment, clothing, etc. Resolve not to purchase items that aren’t in your budget.
- Throw out your credit cards
…or at least hide them for a while. Most people find it more difficult to spend cash than to charge a purchase.
- Give yourself a consideration period before large purchases
How often have you purchased something on impulse only to realize when you got home that you really didn’t need it? To control those impulses, compare an item’s price and value on your first shopping trip. Then go home, think about whether you really need the item, and purchase it on another trip.
- Don’t buy the most house you can afford
Your house is likely to be the biggest purchase of your life. Figure out the maximum amount you can afford for a house and then buy one substantially less expensive than that. Not only will you save on your mortgage payment, other costs associated with owning a home will also be lower. Living well within your means is one of the best ways to ensure you have money left over for saving.
Save the Date
May 16, 2015
1st Annual Mother & Daughter Tea
WOW Tri-Cities
Roll Bounce Skate Night
Feb 16, 2015
Come celebrate Black History Month at Rollerena in Richland WA
Free for Kids K-12th grade
WOW Meeting Dates
THURSDAY
March 26, 2015 6pm
April 16, 2015 6pm
WEDNESDAY
WOW - YOGA FITNESS NIGHT
March 18, 2015
April 22, 2015
May 20, 2015
Vinyasa Yoga
www.unityyogaTC.com or call 509-795-0359 RSVP
