Tuesday, August 09, 2011

Money Hack Tips

Various Federal Reserve Notes, c.1995. Only th...Image via Wikipedia
We had already discussed about some money saving tips and I thought it will be good to discuss about more tips for saving money.
1.       Stay home: The more you stay at home the more you save the money. Enjoy your days in home. Stay in home during the weekends.
2.       Make a list: Stick a paper in your kitchen or bed room. Note down each and everything you want to buy. You can track your expenses. At the end of the month analyze it and check out the any unwanted expense.
3.       Wait for a week: If you want to buy something, wait for a week. In a week you can realize its importance. Another important point in waiting is that you won’t have the same excitement that you had a week ago but you will use it effectively.
4.       Avoid watching Advertisings: Don’t watch the advertisements. All kind of advertisements like  TV advertisements, email announcement, road side banners etc.  That will tempt you to buy a something you don’t want.
5.       Use cash: Use cash wherever possible. We have already discussed about the benefits of using cash for credit cards. Try to avoid cards as much as possible.

 

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