Monday, December 7, 2009

Lessen your household budget

HERE ARE SOME TIPS:

CONSUME LESS ELECTRICITY - turn off light when not needed. Do less Ironing. Use less air conditioning.

DECREASE THE USE OF PRIVATE VEHICLES - plan trip carefully. Take public transportation, not taxi cabs, whenever possible.

EAT MORE OF FRESH FOOD - cooked at home and less of canned, bottled and junk food.

STOP SMOOKING - stop drinking alcohol. Take care of your health and stay out of trouble so that you will not need the services of doctors or lawyer.

THINK OF SIDELINES THAT WILL NOT AFFECT YOUR EFFICIENCY AT WORK - the last thing you want to happen is to get fired!

BUY ONLY ITEMS THAT YOU TRULY NEED - use only your passive income for your wants. No passive income? Then, you have a no "K" to buy anything you want.

NO MATTER HOW DIFFICULT, KEEP PAYING YOUR SELF FIRST - set aside 10 to 20% of your monthly income for saving. Remember: Income less saving equal expenses. Spend only what is left after you pay yourself.

BE SMART IN INVESTING YOUR SAVING - remember: the best way to get rich quick is to get rich slow. There are so many ways you can do this without resorting to scams.

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