 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Longevity for You
Financial freedom is important to your longevity living. Money is anti-aging in that it may unload your financial stress. You need to know how and where to find the money to save for ultimate financial freedom. Disciplined saving is where financial freedom begins. You cannot invest until you have saved. You cannot save unless you have disciplined saving. And you need to save money to procure your financial freedom.
As you grow old, you should be more diligent in and focused on setting aside every month an increased percentage of your annual gross income. When you are 55 and above, you should set aside at least 20 percent of your annual gross income.
Finding the money to save
To save money, you begin with finding the money to save.
· Search everywhere in your house - attic, basement, garage, drawers, nooks and corners - for hidden money or loose change. Even $50 that you can find can grow into several hundred dollars over 25 years.
· Round up your loose change and invest it. Even 99 cents a day will give you $6.93 a week, and $360.36 a year. Just think about that!
· Re-think your living habits, and you can save money:
o Brewing your own coffee, instead of getting it from Starbucks, can save money.
o Washing your car, instead of paying someone to wash it for you, can save money for you.
o Mowing your own lawn, instead of hiring a landscape company to do the job, can save money.
o Cutting back on unnecessary groceries e.g. chips and dips can save money.
o Reducing the frequency of shopping trips can save money.
o Renting movies instead of going to the theater can save money.
· Sell your old paraphernalia at garage sale or on eBay. Learn the techniques of eBay auction, and sell like a pro; it may even become your home-based business.
The eBay Newbie Course gives you clear instructions on how to set up a successful eBay business if you don’t know where and how to start. In addition, it teaches you how to set up stunning auction listings with a professional look to save money. It has everything you ever wanted to know about auctions on eBay.
Garage Sale Strategies for eBay Success is a useful guide to finding hidden treasures in garage sale for auctions on eBay. This is helpful once you have started your eBay business and you want to get more unique items for your auctions.
Or you can sell other people's products on eBay and get paid! While 99 percent of people presume that to make money with eBay you need to sell your own products, but in fact thousands of people are actually making real money with eBay without ever having to ship a product or deal with a customer!
Build A Niche Store is the first tool to give you complete control over all of the products contained inside the eBay marketplace without the need for extensive technical knowledge.
· Turn your hobbies into a source of income to save money for longevity living.
Develop your hobbies into an online business. (Read my web page Financial Health And Longevity, and "Improving yourself" and "Expressing yourself" in my web page Healthy Living Is Healthy Longevity.)
Art For Everyone is online art lessons by the celebrated artist Bennecelli, promoting for appreciation and involvement in the arts, including drawing faces, portrait painting, and calligraphy. The lessons are interesting and easy to follow. In addition, Bennecelli shows you how to make money from your art. I am an artist myself, and I can say his suggestions on how to make money are excellent and practicable. Find out how to earn and save money from your art.
To make some extra money (not a fortune) is not difficult. Why don't you try expressing your opinions and giving comments on the Internet? It is the perfect job to work from home, where you can set your own hours and you are in control. You will be paid $5 to $125 for each survey. Sit back, relax, and get paid for what your think about anything! You'll love doing it! Go to Paid Surveys Online.
· Apply for grants to help pay your aging disease. (For more information, go to my web page How To Get The Free Money For Aging Diseases.)
The Federal Grants Source is the Internet’s Number One source for government grants. You will get access to all government grants directory, foundation grants directory, foreclosure properties listings and directory, government auction directory. You will have instructions on how to write a grant proposal to get financial help and free training for a better job, to obtain money to start or expand a business, or to invest in real estate. The Federal Grants Source is the most comprehensive source on obtaining federal grants successfully. If you need the free money, this is the best source!
· Service your debt. Credit is good only when you can utilize it to your advantage as in financing assets that appreciate, such as buying a house. But to finance a debt on depreciating items or consumable goods, such as a pair of shoes or a vacation is using debilitating compound interest against yourself.
Remember, “The borrower is servant to the lender.” (Proverb 22:7) The greater the balance, the higher is the interest.
If you are paying $80 credit card payment per month over the next 25 years, you could be saving and investing more than $20,000 to generate a substantial future income. Don’t pay credit card companies 15-20 percent on the money you owe, not counting other hidden fees, such as late-payment charge, and over-the-credit-limit fee, among others. You could have saved this money!
There are ways to reduce your credit card debt to save money:
o Have only ONE credit card, instead of several. This will help you avoid easy-credit, instant-gratification allurements of credit card companies. Remember, multiple credit cards may actually hold against you when you apply for good credit, such as a home mortgage, equity line of credit, or a business loan.
o Carry a debit card, or a prepaid credit card, instead of a credit card. Convenience always comes with a price.
o Keep your emergency credit card out of your wallet.
o Use charge cards, such as the American Express, in which the balance is due in full at the end of the month, without accruing any interest. But some of these charge cards may require an annual fee.
o Consolidate all your credit cards. Use a credit counseling service, if necessary, to reduce interest and monthly payment.
o Save your money on unnecessary “specialty” insurance, such as credit life insurance or mortgage life insurance. Some of these special insurance features are of little value to you, such as extended warranties on appliances.
o Always shop around for your life, auto, and homeowners insurance: look for discount and promotion, and save here and there to save money.
Always strive to go debt free. Go to my website Debt Control to learn how to manage your money.
Debt Free In Three provides the solution by revealing everything you need to know about debt free - especially everything that is WRONG! Don’t believe those non-profit organizations’ claim to help you debt free. No, they won’t! Debt Free in Three is a unique system based on simple math not only to make you 100 percent debt free but also to improve your credit within 90 days or less. In addition, you will be provided the innovative Debt Knife software to help you organize your debt in a certain order to be paid off most effectively. If you are heavily in debt, you need this one!
o Be a smart shopper.
§ Look for your favorite store online: Sales are usually offered only on the Internet. Some stores waive shipping if you order online and then pick up the merchandise at your local store. Many stores, such as Gap and Barnes & Noble, allow you to return online orders to their local stores. Save a little and a little there, and it will amount to something.
§ Learn to browse through the Internet to compare and contrast to find the best price without becoming physically exhausted or cranky.
§ Be knowledgeable about shopping vocabulary:
§ Irregulars or imperfects - goods that don't meet the manufacturer's standards for quality, but often unnoticeable
§ Seconds - goods that are more extensively or apparently flawed, and therefore more deeply discounted
§ Below list price - goods that may not be such a great bargain
§ Factory outlet - goods that are generally well below normal retail
§ Special purchase - goods that are purchased in substantial quantity by the retailer from the manufacturer for a discounted price
§ Liquidation sale - goods that are discounted about 30 percent and up to 75 percent and more, as the store counts down its final days
§ Close-out sale - goods on which a retailer gets a special deal from manufacturers
§ Floor models - goods that have been used for retail display or demonstrations
o Stay debt free not just for now, but for good! Turn your debt into your asset.
Stop devising quasi-logical rationalizations, such as:
§ You owe it to yourself!
§ Just this once. It’s once in a blue moon.
§ Don’t pass up such a good deal. It’s on sale! You’re saving real dollars!
Don’t fall back into the consumer-debt trap. The United States is considered the most prosperous country in the world, but it has one of the world’s poorest rates of personal savings. Don’t spend the money you don’t have on the things you don’t need, and shop till you drop dead!
There is a lot of free money readily available to seniors, from grants, home improvements, crafts, travel, to almost anything. The government does not advertise the availability of the funds available. Go and grab what is rightfully yours from Free For Seniors. This is a good source not only to obtain free money but also to save money.
In addition, you may even fly free if you know the secrets airlines do not tell you or the strategies of getting free airline tickets for your travel. They are all legitimate ways of saving the money you can save. For more information, go to Why Not Fly Free to save money when you travel.
Therefore, if you look seriously, you will know how and where to find the money to save. You can always save money if you steel yourself.
Always pay yourself first
Why are you putting off contingency savings? You may be saying: “With my bills piling up every month, how on earth am I going to save?”
But why is it so difficult to save money?
The reason is simple: You always pay others first, but not yourself.
There is only one way to save money: priority! Always pay yourself first!
Not having much money left to save perpetuates the difficulty to save money.
The perils of procrastination contribute to the vicious circle of debt and expenditure. Remember, expenditures rise to meet income. In other words, the less you have, the less you will spend. You simply have to learn how to spend less in order to save money for disciplined saving.
So the simple solution to saving is: Always pay yourself first, instead of others. When you have less, you will spend less. It is that simple!
To put it into practice, set aside a sum of money automatically every month before you pay others. You will soon learn how to adjust your expenditures accordingly.
For example, if you have three part-time jobs, and if one of your employers tells you: “You are fired today!” There will be difficult times ahead of you, but this financial urgency will make you more adaptable and pliable in your spending. Therefore, impose on yourself such urgency for disciplined saving, and you will be well on the road to financial freedom, which may also lead to longevity living.
Return from How To Save Money to Home Page.
Copyright© by Stephen Lau
Read other related articles by Stephen Lau
How To Get Free Money For Aging Diseases
Find free money for aging diseases from private foundation funds and Federal grants for financial assistance to pay medicals bills incurred by aging diseases, and find out how to apply for them.
Healthy Living Is Healthy Longevity
Healthy living is positive living as you age, creating opportunities to develop fully your potential capabilities for happy retirement or a second career for a healthy lifestyle.
Financial Health
Financial health and longevity are inter-related. Financial freedom facilitates adjustment to changes in aging. Financial wisdom enables creation of a passive income.
A Financial Crisis - 2008?
A global financial crisis may be imminent. 2008, like 2007, may not be good for you. The future financial outlook may not be as rosy as the media have painted. Be on the alert!
As you grow old, you should be more diligent in and focused on setting aside every month an increased percentage of your annual gross income. When you are 55 and above, you should set aside at least 20 percent of your annual gross income.
Finding the money to save
To save money, you begin with finding the money to save.
· Search everywhere in your house - attic, basement, garage, drawers, nooks and corners - for hidden money or loose change. Even $50 that you can find can grow into several hundred dollars over 25 years.
· Round up your loose change and invest it. Even 99 cents a day will give you $6.93 a week, and $360.36 a year. Just think about that!
· Re-think your living habits, and you can save money:
o Brewing your own coffee, instead of getting it from Starbucks, can save money.
o Washing your car, instead of paying someone to wash it for you, can save money for you.
o Mowing your own lawn, instead of hiring a landscape company to do the job, can save money.
o Cutting back on unnecessary groceries e.g. chips and dips can save money.
o Reducing the frequency of shopping trips can save money.
o Renting movies instead of going to the theater can save money.
· Sell your old paraphernalia at garage sale or on eBay. Learn the techniques of eBay auction, and sell like a pro; it may even become your home-based business.
The eBay Newbie Course gives you clear instructions on how to set up a successful eBay business if you don’t know where and how to start. In addition, it teaches you how to set up stunning auction listings with a professional look to save money. It has everything you ever wanted to know about auctions on eBay.
Garage Sale Strategies for eBay Success is a useful guide to finding hidden treasures in garage sale for auctions on eBay. This is helpful once you have started your eBay business and you want to get more unique items for your auctions.
Or you can sell other people's products on eBay and get paid! While 99 percent of people presume that to make money with eBay you need to sell your own products, but in fact thousands of people are actually making real money with eBay without ever having to ship a product or deal with a customer!
Build A Niche Store is the first tool to give you complete control over all of the products contained inside the eBay marketplace without the need for extensive technical knowledge.
· Turn your hobbies into a source of income to save money for longevity living.
Develop your hobbies into an online business. (Read my web page Financial Health And Longevity, and "Improving yourself" and "Expressing yourself" in my web page Healthy Living Is Healthy Longevity.)
Art For Everyone is online art lessons by the celebrated artist Bennecelli, promoting for appreciation and involvement in the arts, including drawing faces, portrait painting, and calligraphy. The lessons are interesting and easy to follow. In addition, Bennecelli shows you how to make money from your art. I am an artist myself, and I can say his suggestions on how to make money are excellent and practicable. Find out how to earn and save money from your art.
To make some extra money (not a fortune) is not difficult. Why don't you try expressing your opinions and giving comments on the Internet? It is the perfect job to work from home, where you can set your own hours and you are in control. You will be paid $5 to $125 for each survey. Sit back, relax, and get paid for what your think about anything! You'll love doing it! Go to Paid Surveys Online.
· Apply for grants to help pay your aging disease. (For more information, go to my web page How To Get The Free Money For Aging Diseases.)
The Federal Grants Source is the Internet’s Number One source for government grants. You will get access to all government grants directory, foundation grants directory, foreclosure properties listings and directory, government auction directory. You will have instructions on how to write a grant proposal to get financial help and free training for a better job, to obtain money to start or expand a business, or to invest in real estate. The Federal Grants Source is the most comprehensive source on obtaining federal grants successfully. If you need the free money, this is the best source!
· Service your debt. Credit is good only when you can utilize it to your advantage as in financing assets that appreciate, such as buying a house. But to finance a debt on depreciating items or consumable goods, such as a pair of shoes or a vacation is using debilitating compound interest against yourself.
Remember, “The borrower is servant to the lender.” (Proverb 22:7) The greater the balance, the higher is the interest.
If you are paying $80 credit card payment per month over the next 25 years, you could be saving and investing more than $20,000 to generate a substantial future income. Don’t pay credit card companies 15-20 percent on the money you owe, not counting other hidden fees, such as late-payment charge, and over-the-credit-limit fee, among others. You could have saved this money!
There are ways to reduce your credit card debt to save money:
o Have only ONE credit card, instead of several. This will help you avoid easy-credit, instant-gratification allurements of credit card companies. Remember, multiple credit cards may actually hold against you when you apply for good credit, such as a home mortgage, equity line of credit, or a business loan.
o Carry a debit card, or a prepaid credit card, instead of a credit card. Convenience always comes with a price.
o Keep your emergency credit card out of your wallet.
o Use charge cards, such as the American Express, in which the balance is due in full at the end of the month, without accruing any interest. But some of these charge cards may require an annual fee.
o Consolidate all your credit cards. Use a credit counseling service, if necessary, to reduce interest and monthly payment.
o Save your money on unnecessary “specialty” insurance, such as credit life insurance or mortgage life insurance. Some of these special insurance features are of little value to you, such as extended warranties on appliances.
o Always shop around for your life, auto, and homeowners insurance: look for discount and promotion, and save here and there to save money.
Always strive to go debt free. Go to my website Debt Control to learn how to manage your money.
Debt Free In Three provides the solution by revealing everything you need to know about debt free - especially everything that is WRONG! Don’t believe those non-profit organizations’ claim to help you debt free. No, they won’t! Debt Free in Three is a unique system based on simple math not only to make you 100 percent debt free but also to improve your credit within 90 days or less. In addition, you will be provided the innovative Debt Knife software to help you organize your debt in a certain order to be paid off most effectively. If you are heavily in debt, you need this one!
o Be a smart shopper.
§ Look for your favorite store online: Sales are usually offered only on the Internet. Some stores waive shipping if you order online and then pick up the merchandise at your local store. Many stores, such as Gap and Barnes & Noble, allow you to return online orders to their local stores. Save a little and a little there, and it will amount to something.
§ Learn to browse through the Internet to compare and contrast to find the best price without becoming physically exhausted or cranky.
§ Be knowledgeable about shopping vocabulary:
§ Irregulars or imperfects - goods that don't meet the manufacturer's standards for quality, but often unnoticeable
§ Seconds - goods that are more extensively or apparently flawed, and therefore more deeply discounted
§ Below list price - goods that may not be such a great bargain
§ Factory outlet - goods that are generally well below normal retail
§ Special purchase - goods that are purchased in substantial quantity by the retailer from the manufacturer for a discounted price
§ Liquidation sale - goods that are discounted about 30 percent and up to 75 percent and more, as the store counts down its final days
§ Close-out sale - goods on which a retailer gets a special deal from manufacturers
§ Floor models - goods that have been used for retail display or demonstrations
o Stay debt free not just for now, but for good! Turn your debt into your asset.
Stop devising quasi-logical rationalizations, such as:
§ You owe it to yourself!
§ Just this once. It’s once in a blue moon.
§ Don’t pass up such a good deal. It’s on sale! You’re saving real dollars!
Don’t fall back into the consumer-debt trap. The United States is considered the most prosperous country in the world, but it has one of the world’s poorest rates of personal savings. Don’t spend the money you don’t have on the things you don’t need, and shop till you drop dead!
There is a lot of free money readily available to seniors, from grants, home improvements, crafts, travel, to almost anything. The government does not advertise the availability of the funds available. Go and grab what is rightfully yours from Free For Seniors. This is a good source not only to obtain free money but also to save money.
In addition, you may even fly free if you know the secrets airlines do not tell you or the strategies of getting free airline tickets for your travel. They are all legitimate ways of saving the money you can save. For more information, go to Why Not Fly Free to save money when you travel.
Therefore, if you look seriously, you will know how and where to find the money to save. You can always save money if you steel yourself.
Always pay yourself first
Why are you putting off contingency savings? You may be saying: “With my bills piling up every month, how on earth am I going to save?”
But why is it so difficult to save money?
The reason is simple: You always pay others first, but not yourself.
There is only one way to save money: priority! Always pay yourself first!
Not having much money left to save perpetuates the difficulty to save money.
The perils of procrastination contribute to the vicious circle of debt and expenditure. Remember, expenditures rise to meet income. In other words, the less you have, the less you will spend. You simply have to learn how to spend less in order to save money for disciplined saving.
So the simple solution to saving is: Always pay yourself first, instead of others. When you have less, you will spend less. It is that simple!
To put it into practice, set aside a sum of money automatically every month before you pay others. You will soon learn how to adjust your expenditures accordingly.
For example, if you have three part-time jobs, and if one of your employers tells you: “You are fired today!” There will be difficult times ahead of you, but this financial urgency will make you more adaptable and pliable in your spending. Therefore, impose on yourself such urgency for disciplined saving, and you will be well on the road to financial freedom, which may also lead to longevity living.
Return from How To Save Money to Home Page.
Copyright© by Stephen Lau
Read other related articles by Stephen Lau
How To Get Free Money For Aging Diseases
Find free money for aging diseases from private foundation funds and Federal grants for financial assistance to pay medicals bills incurred by aging diseases, and find out how to apply for them.
Healthy Living Is Healthy Longevity
Healthy living is positive living as you age, creating opportunities to develop fully your potential capabilities for happy retirement or a second career for a healthy lifestyle.
Financial Health
Financial health and longevity are inter-related. Financial freedom facilitates adjustment to changes in aging. Financial wisdom enables creation of a passive income.
A Financial Crisis - 2008?
A global financial crisis may be imminent. 2008, like 2007, may not be good for you. The future financial outlook may not be as rosy as the media have painted. Be on the alert!
How to Save Money
for
Longevity Living
by
Stephen Lau
for
Longevity Living
by
Stephen Lau
Save Money
Finding the money to save
Always pay yourself first
Finding the money to save
Always pay yourself first
Create wealth mindset through state-of-the-art Emotional Fiancial Techniques.
Make the most of what you have with Living On A Dime.
Discover how to use your subconscious energies for health and , wealth with The Personal Power Course..
Get a debit card/credit card to manage your spending!
There is no credit so bad that it cannot be fixed. Learn how to fix credit report!
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |