Saving Funds In The Midst Of A Recession

Here's a few tips on saving a couple bucks in this recessed economy, I trust you'll apply these tips to everyday life.

Step 1: Compose a detailed list of your daily and monthly expenses
- The key to saving is to know exactly what you have to work with.

Step 2: After completing your list, Simply take out 10% of your gross income from your pay.
- You must remember that you HAVE to pay your bills, but you can NEVER forget to pay
YOURSELF.

Step 3: Once you have taken out 10% of your pay, Do what I do and have it converted into $1
Dollar Bills. I know it may seem crazy, but it works.
- This is important. Most people can't save money, because they can't WATCH it
Grow. If you can literally SEE your money GROW, your chances for SAVING money
will INCREASE.

Step 4: When you have your 10% converted into smaller bills it pyschologically makes it seem
like a lot more money than you just had. Thing is, you just need to have a secure place in
which you can keep it all! And Don't TEMPT yourself into "Dipping" into the "stash".
You would then be DEFEATING the purpose.
- A fire and water proof safe is probably the best place to keep this. You can find them
at your local HOME DEPOT, WAL-MART, and/or STAPLES for around $30.

Step 5: Once you start applying this technique, you should physically be able to see your savings
GROW before your own eyes. And once you've applied this over and over you can then start
the REAL saving. You can then start putting a $5 bill here or $20 bill there..the objective
is to physically SEE the money GROW.
-When you feel that you've saved a considerable amount, Open or place the funds in
a SAVINGS ACCOUNT, MONEY MARKET ACCOUNT, or STOCK.
-We all have to start saving somewhere, the best place at times to start is AT HOME.

Step 6: SAVE SAVE SAVE.

Hopefully you've gotten something valuable from my posting, I encourage you all to TRY this technique and I hope it will instill a deeper desire to SAVE MONEY in you. Take Care and God Bless.