1.
Use cash when you shop
“If
you leave the house with only enough cash to buy what you’re shopping for, you’re
automatically unable to succumb to impulse buys, which often bust your budget…
we’re more likely to overspend with pieces of plastic than real money.”
–
Stacy Johnson, CPA and President of Moneytalksnews.com
2.
Try to negotiate for just about anything
“In
this economy companies may be more willing to give you a ‘break.’ But you won’t
get a deal unless you ask. Be reasonable. Come up with a figure you think is
fair and ask for a price break. If you don’t get a ‘yes,’ ask to speak to the
supervisor and state your case. Many times you will walk away with a discount.”
–
Janice Lieberman, Contributing Editor to Reader’s Digest and author of Tricks
of the Trade: A Consumer Survival Guide and How to Shop for a Husband Plus:10
Smart Money Moves to Make in 2010
3. Try the 24-hour rule
“For
30 days, promise yourself that you won’t make a single big-ticket purchase
without waiting a full day. Next time you see something you like, ask the store
to hold it for you until the next day. If you still want it 24 hours later,
then it’s yours to buy… Whether your weakness is shoes, gadgets or candy bars
at noon, this rule can save you big bucks.”
Beth
Kobliner, author of Get a Financial Life: Personal Finance in Your Twenties and
Thirties and BethKobliner.com
4. Save as a group
“In
many cultures, saving is a group activity. By being vocal about your savings
goals – whether it’s a wedding, down payment on a house or even a marathon
donation – you can save more money, and do it more quickly by getting the support
of friends and family.” Check out sites like SmartyPig.com where you can share
your financial goals with loved ones through popular social networking sites.
–
Bob Weinschenk, CEO of SmartyPig.com
Five simple ways to save money
February 28, 2013 by Readers’ Digest Leave a Comment
Financial experts give five ways to save more money.
We asked five experts in the financial
industry to give us their best piece of advice for saving money in 2010.
Here’s what they had to say.
1. Use cash when you shop
“If you leave the house with only enough
cash to buy what you’re shopping for, you’re automatically unable to
succumb to impulse buys, which often bust your budget… we’re more likely
to overspend with pieces of plastic than real money.”
– Stacy Johnson, CPA and President of Moneytalksnews.com
2. Try to negotiate for just about anything
“In this economy companies may be more
willing to give you a ‘break.’ But you won’t get a deal unless you ask.
Be reasonable. Come up with a figure you think is fair and ask for a
price break. If you don’t get a ‘yes,’ ask to speak to the supervisor
and state your case. Many times you will walk away with a discount.”
– Janice Lieberman, Contributing
Editor to Reader’s Digest and author of Tricks of the Trade: A Consumer
Survival Guide and How to Shop for a Husband Plus:10 Smart Money Moves
to Make in 2010
3. Try the 24-hour rule
“For 30 days, promise yourself that you
won’t make a single big-ticket purchase without waiting a full day. Next
time you see something you like, ask the store to hold it for you until
the next day. If you still want it 24 hours later, then it’s yours to
buy… Whether your weakness is shoes, gadgets or candy bars at noon, this
rule can save you big bucks.”
Beth Kobliner, author of Get a Financial Life: Personal Finance in Your Twenties and Thirties and BethKobliner.com
4. Save as a group
“In many cultures, saving is a group
activity. By being vocal about your savings goals – whether it’s a
wedding, down payment on a house or even a marathon donation – you can
save more money, and do it more quickly by getting the support of
friends and family.” Check out sites like SmartyPig.com where you can
share your financial goals with loved ones through popular social
networking sites.
– Bob Weinschenk, CEO of SmartyPig.com
No comments:
Post a Comment