March 3, 2008

Improving your finances

Managing your finances can be a tricky thing to do, especially if you have got yourself into some bad habits, but by not managing your finances correctly you will find that there will be only trouble in the long term which will cause many headaches and problems.

Tips on how to improve your financial management:

Use cash
Small weekly savings transfers
Stay home
Don’t get catalogues
Keep a 30-day list
Cook at home
Exercise
Use the envelope system
Talk with your Savings Officer weekly
The spreadsheet tracker hack
Pay savings and debt first
Exercise at home
Cut out cable TV
De-clutter
Lend and borrow
Barter
Use online savings
Try frugal gift-giving
Teach your kids about advertising, saving, earning, and gift-giving
Find happiness in life, not spending