Posts Tagged ‘saving money tips’
3 Ways To Save For A Rainy Day
February 1, 2011 | 
Author People are generally pretty good at saving for specific items or experiences. Say, for example, you want to save enough money for a down-payment on a house. You put certain strategies into action, cut back on certain other expenses and slowly build your way up to that figure you had been aiming for. Sure, it takes time and effort and a few missed dinners at fancy restaurants, but the tangible reward at the end, coupled with the defined amount of money you’re shooting for, make the process one that most people can manage sooner or later. Saving for unspecified events or that looming ‘rainy day’ we all fear, is another thing entirely. While people know they should save for a rainy day, they’re generally far more preoccupied with splashing out and having fun in the sun, so to speak. While it’s not fun to think about, the feeling of security that comes from knowing you have funds in reserve for unplanned events like house or car repairs, illness or that terrifying moment when your computer hard drive gives up the ghost is something that we all should aim for. Your accountant or financial advisor can help you find more individually-catered saving solutions, but here are three tips to get you started and help you get that rainy day fund up, up and away!
Posted in money, saving money | 
Tags: accountant, rainy day, save money, saving money tips | 
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5 Tips on Saving on Utilities Around the Home
Sometimes we may be saving money when we don’t think we are, and other times we may think we are being frugal and it is actually costing us a lot more money. Many appliances especially some of the larger power consuming products like washing machines, and other white goods in our homes have radically changed. Other engineering elements in our home have also improved greatly, and continue to change rapidly, and therefore we need to stay informed to have the correct logic for us to be able to make money saving decisions. Our utilities cover 3 main areas, gas, water and electricity. Here are 5 tips to saving on your utilities around your home…
- Newer appliances. Back in the day it might have been appropriate to keep older appliances for longer periods of time. Do you have friends or family who have the same oven and kettle for the past 20 years? And they believe they are being frugal. The reality is older appliances consume much larger amounts of power than their modern counterparts. You will use enormous amounts of power with an older oven than a modern convection oven for example. The amount of extra power you use in a year might be more than the cost of a new oven. This is a very good example of where people are spending way more while they THINK they are being frugal.
Posted in saving money | Tags: appliances, dishwashers, Refrigerators, saving electricity bill tips, saving money tips, Washing Machines | No Comments »