Saturday, July 20, 2013

The Cheapskate Lifestyle

The bottom line with money is to spend less than you make. The extra should be saved, invested and used for emergencies. You must be able to sacrifice and not keep up with the Joneses. The enemy of money is debt, and one must try to avoid as much debt as possible. Money is the one thing that everybody needs, yet not everybody educates themselves on money.

The first thing you should do is create a budget and educate yourself on money matters. The site is loaded with information, tools and money resources.

Financial education should be taught to children at a young age. For money saving tips this site has many practical money-saving ideas.

The best way to save money is to be frugal. We could call it what it is, living cheap. No matter how you look at it, you must learn to live on the cheap. Then there's one more! The important thing is to build a savings any way you can. If you can save money you will avoid large debts in the future.

Here are simple ways to make extra money online. If you are spending more than your saving, you should consider maybe getting a part-time job. Here you can find job hunting sites. Here's another one.

Another money idea is to save all your $5 bills.  This will give you some serious savings in a few years.

No comments:

Post a Comment