Stay In Charge Of Your Personal Finances When You Follow These Tips

Everywhere you look there are temptations that lure you into spending more money and save less. You are constantly being bombarded with advertisements in magazines and on television, and it can be difficult to fight the urge to go on a shopping spree everyday. In the following paragraphs, you’ll find money tips that will help you save instead of spend.

Times are tough, try having your savings in different places! For example, don’t put all of your funds into a savings account. Put some funds into checking or into stocks. The more diverse your investments, the safer your money is. Look for new ways to invest your money, and make sure you keep it safe.

Do not believe that credit repair organizations can improve your credit history. A lot of agencies will make general claims about their capability in repairing your history. This isn’t accurate since what’s affecting your credit score is not identical to another person with credit issues. As such, 100% guaranteed results are straight-up fraud.

If you buy your protein sources in bulk, you can save hundreds over the course of a year. As long as you can use up what you buy, purchasing in bulk will be cheaper. A good time saver is spending a day making a week’s worth of meals out of the meat.

Avoid fees whenever possible when you invest. Service fees for brokers that assist with long-term investments are common. The fees they charge play a big role in your total return. Avoid funds that have high management costs as well as brokers who depend on large commissions.

When you are thinking about your finances, you should be patient. People clamor to buy the newest electronics without even thinking about the cost. However, just by waiting a little while, you will see the price drop significantly. You will then have much more money available to purchase other products you like.

It is definitely possible to see a drop in your credit score while working to fix your credit. Don’t panic if you notice a slight drop in your score. Simply continue to add positive activity to your credit record, be persistent and you will definitely see improvement in your score.

If you are being contacted by a debt collector, try to negotiate. They probably bought your debt off for a very low price. You could end up only paying a fraction of your debt. Use this to your advantage when paying off old debts.

Cfl Bulbs

Older incandescent bulbs should be replaced with newer CFL bulbs, which are much more energy-efficient. Your new CFL bulbs will significantly reduce both your carbon footprint and your energy bill. CFL bulbs typically last longer than regular light bulbs. By purchasing fewer bulbs, you won’t be spending as much money.

Just as you know, saving money is not always easy. Amassing any degree of savings can be difficult because so many things seem to require money to be spent. Apply what you’ve learned from the article above, and start saving money that will make a difference in your quality of life.

Personal Finance Problems And Caring For Yours

In this day and age it can be very hard to save cash, as there are hundreds of external agents that constantly encourage you to part with as much cash as possible. You must resist the almost irresistible urge to give in to advertisements and in-store promotions. The following article provides personal finance tips to help make saving money easier for you.

Don’t waste your money on get-rich-quick schemes or any other instant cash program. This is one thing that happens to many marketers. You should certainly learn; however, carefully watch how much time and energy you put into learning. You do not want to spend so much time learning that you are unable to work and earn a living.

One simple tip for saving money is to buy discounted items. Drop your loyalty to specific brands and purchase items which you have coupons for. If you usually buy one brand of dish soap and can save money with a coupon on another brand, go with the one that is cheaper.

To save both money and time, buy bulk quantities of lean protein. Buying in bulk is generally less expensive if you use everything you bought. If you set aside one day to cook, you can make meals that you can enjoy all week.

Most products will come with a warranty, and if they break, they are likely going to break during this time. The only one who benefits from an extended warranty is the warranty company, not you.

Setting a firm, ambitious goal for your future spending can help motivate you to take care of your financial situation in the present. When you know specifically what you are saving for, it is a lot easier to stick to your budget and be motivated to reach your goals as soon as you can.

Get a good health insurance policy. Unfortunately, everyone falls ill at one time or another. The right health care coverage is important. Hospital and medical bills can climb as high as twenty thousand dollars or more in some instances. If you don’t have insurance, you will be responsible for the entirety of that bill.

Saving Money

As you well know, saving money is hard. Saving money takes a lot of intelligence, hard work and discipline. Using the excellent tips provided in this article, you can find opportunities to improve your financial position in ways you never expected.

Personal Finance Advice You Can Use Every Day

It can be difficult and tedious to track your personal finances. When you take the initiative and keep track of your finances, you’ll save yourself from future headaches. Keeping track of things online, such as banking, makes it easier.

When you are trying to save some money abroad, eat at local restaurants. Restaurants in popular tourist areas and hotels will overcharge you, so look into where the locals go out to eat. This way, you can find good food at affordable prices.

One simple tip for saving money is to buy discounted items. Stop loyal purchasing of certain brands and buy whatever you have a coupon for. For example, if you typically buy Tide detergent but have a coupon for three dollars off of Gain detergent, go with Gain and save the green.

Acquiring bulk packages of lean protein can save both money and time. If you plan to use all you buy, the best way to save is by bulk purchases. Save time and energy by dedicating one day to cooking meals for the week utilizing your bulk meat purchase.

If married, make sure the partner with the better credit applies for loans. If you are someone who does not have the best credit, you should try to build the credit back up using a credit card with a small limit you can pay off every month. After you have achieved a solid credit score, you will be in line for the loans that you need in the future.

Cfl Bulbs

Get rid of old-style incandescent bulbs, and replace them with energy-efficient CFL bulbs. This kind of bulb will help you reduce your electric bills significantly. CFL bulbs have the added benefit of lasting a much longer time than traditional bulbs. Also, you will be saving money by not having to constantly buy new bulbs.

Pay yourself first by making a savings deposit from each check your receive, before you spend any of that money. It is easier to save money every week rather than waiting to see what you have left when the month is over. Additionally, setting it aside right away prevents you from spending the money on things you do not need. You will know what you need money for before your next check comes.

If you are aware about your money, you will revent overdraft charges and other money problems when something happens. You don’t have to worry about your financial life when you are keeping an eye on your finances instead of letting your bank do it.

Ways To Get Your Finances In Order

There are a lot of external factors that goad you to spend carelessly everyday, so it can be difficult to save money. It seems like you’re encouraged to spend your money on unnecessary items on a daily basis, if not more often. Fortunately, this article contains some essential tips that will help you to better manage your finances and save money.

Do thorough background research on any broker you are considering investing with. Check their references and do a little digging. Make sure they are honest in their one-on-one dealings with you. Your level of financial knowledge plays a role in your selection, too.

Use market trends in your Forex analysis. Remember that you should always sell high and buy low. Never sell on an upswing, or even, a downswing. If you are going to buy or sell before a trend has completed, you should have a clear reason for doing so.

One simple tip for saving money is to buy discounted items. Don’t feel like you need to be loyal to specific brands, and concentrate on buying only when you have a coupon handy. Don’t buy your favorite brand name detergent if you can save using another brand’s coupon.

Carry a small envelope with you wherever you go. Use the envelope to stash receipts, business cards, and other small pieces of paper you want to save. Keep this information available as a record that you might need at a later date. This way, you can compare your receipts to your monthly credit card statement, to ensure that all the charges are correct.

Credit Repair

Don’t fall for the scam that an organization can guarantee you a clean credit report. A lot of credit repair organizations will make broad, general statements about what they can do for you to clean up your credit. This is a ploy to get you to sign up for their service. You can handle most debt consolidation and credit repair on your own. To claim that they can clear your credit completely is definitely a lie and they are most likely committing fraud.

Holding a good insurance policy is essential to protect your personal financial situation. Everyone gets sick eventually. Start with a good health insurance that corresponds to your needs. If an illness comes up suddenly, you could be left with thousands of dollars in medical bills. Paying for proper medical care is not possible without a good insurance plan.

As you probably have already seen and experienced, it can be difficult to save money. The challenges of saving money are made harder by all of the marketers trying to get you to increase your spending. When you take advantage of the financial advice you’ve obtained from this article, you’ll be able to save more than you ever thought possible.

Simple Tips To Help You Understand Personal Finance

TIP! Acquiring bulk packages of lean protein can save both money and time. Bulk purchases are excellent if you plan to use all the products you bought.

In this day and age it can be very hard to save cash, as there are hundreds of external agents that constantly encourage you to part with as much cash as possible. From online deals to ads on the TV, your self control gets tested everyday. This article has many useful tips on personal finance that can help you save money.

TIP! Buying a car or house are usually the biggest purchases most people make. Payments on your home and car are almost certain to make up the majority of each month’s budget expenses.

Buy lean protein at a store that offers it in bulk to save both money and time. But it is only inexpensive if you actually use all that you buy. Grill up plenty of chicken in advance, then you’ll have it ready for several days’ worth of quick meals.

TIP! Your credit score might even go down as you work to increase it. This should be temporary and isn’t a sign that you have caused more damage to it.

It is a good idea to always file your personal taxes when they are due. Instead of waiting until the last minute, file your taxes as soon as possible to get your return even earlier than usual. If you expect to owe money, you ought to file close to the April 15 deadline.

TIP! If you are married, you should have the spouse with the best credit apply for loans. If your credit is poor, you can build it back up by paying off credits each month.

A good health insurance policy can save you from financial strife. Everyone, at some point in life, will get sick. The right health care coverage is important. If you don’t have insurance you will be looking at healthcare bills that could add up to thousands of dollars. The bills can leave you in a terrible position financially.

Credit Card

TIP! Switch to a free checking account. Some places to look for free checking that you might not have considered include credit unions, local banks, and online banks.

Do not make charges on a credit card that you are having trouble paying off. Reduce your expenses as much as possible and find another method of payment, so that you do not max out your credit card. Before you charge anything to your credit card, you should pay your balance in full.

TIP! If you are used to spending a lot of money on Christmas gifts, make your presents instead. This will lessen the amount you spend shopping and can help you save a lot of money during the holidays.

Try to negotiate with debt collectors who are trying to get you to make payments. The debt collector likely bought your debt for much less than you actually owe. Even a small amount of your total debt will put them in the clear. Making a reduced payoff is a good way to put old debts to rest.

TIP! Open a flexible spending account and use it. A flexible account will save you money if you use to pay medical bills among other things.

Eating less from restaurants or fast food joints can save you money and promote better personal finances. Saving money is easier when the ingredients are bought and cooked at home; there is also appreciation for effort taken to create a home-cooked meal.

Try using free checking accounts. Go to your local banks or look into credit unions or online banks.

TIP! It may be a little hard but it’s recommended to use ATMs that your bank owns so that you can save on fees. This can save you quite a bit in the long run.

Make sure you take advantage of the services offered by your bank to alert you to account information. Banks utilize modern technologies, like e-mail and text messages, to keep you updated about your account. Take advantage of your banks financial alerts to protect yourself from identity theft and overdrafts.

TIP! If you find the task of balancing your checkbook manually to be too much trouble, you can do it online instead. Many banking sites and programs allow users to quickly and easily track expenses, cash flow, and interest rates while managing budgets and savings accounts.

As you know already, saving money is not always easy. And the way that you spend money affects your ability to save money. Use the tips in the article you just read so that you’re able to save up a lot more cash than you have previously.

Is Your Wallet Empty? Learn How To Improve Your Financial Health

TIP! Success starts with managing money well. Investing capital wisely and guarding profits sensibly will increase your wealth.

Saving money is tough for many people, especially when so many external parties try to get you to keep spending. You are constantly being bombarded with advertisements in magazines and on television, and it can be difficult to fight the urge to go on a shopping spree everyday. The following article provides personal finance tips to help make saving money easier for you.

TIP! Pay attention to world financial news. You need to know about global market trends.

Success in business can be directly related to money management. Protect your profits and invest your capital. You can use your profits to build your foundation but make sure you manage your investments smartly. Set aside a specific percentage of profits earned, and invest the rest in capital that can make you even more profit.

TIP! For a better understanding of where your hard earned money is going, keep a journal of your daily purchases. If you do write it down then put it aside until the next day, you don’t always have to stare at it and may forget about it.

If the time isn’t right then do not sell. When earning some income on a stock, sit on it for a bit. Take a look at all your stocks and consider doing something with the ones that aren’t doing so good.

TIP! Never believe that a credit repair organization can guarantee success in improving your history. These claims are made by many companies in the credit industry.

When you are trying to save some money abroad, eat at local restaurants. Your hotel restaurant, and any other restaurants in tourist areas, are likely to be way overpriced, so do some research and find out where the locals eat. You will find better tasting food at lower prices.

TIP! Set up a bank account that automatically takes a few dollars each month and saves it if you want to save quite a bit of money. This is an excellent strategy which helps you to manage your money much better each month.

Carry a small envelope with you wherever you go. That way, you have a safe place you can store business cards and receipts. This will make it easier to keep a hold of them and record them. You might need these receipts later to compare against your credit card’s monthly statements in case a double charge or other error shows up.

Saving Money

TIP! One surefire way to keep your finances in order is to avoid racking up credit card debt. Think carefully before making any charge to your credit card.

Just as you know, saving money is not always easy. The difficulty associated with saving up money increases when you need to spend more. Apply what you’ve learned from the article above, and start saving money that will make a difference in your quality of life.

Great Guide When It Comes To Personal Finance

Being bad with money can impact your physical and mental health. Start getting your finances in line with the following personal finance advice.

TIP! If you are not ready to sell, don’t. If you are getting money from one stock more than another, let that one stay.

Keep your eye on the market trends when planning your forex trades. It is very vital to constantly stay informed in order to know when to sell high or buy low. You do not want to sell when the market is going through upswings or downswings. If you don’t ride out a trend fully, you need to be really clear on your goals.

TIP! Consider eating local foods to try to save money when visiting a foreign country. The restaurants in your hotel and in the area surrounding it are going to be overpriced, so find out where local people eat.

Don’t trust any organization that guarantees success in repairing your credit. Many companies put out marketing materials that make broad claims about what they can do for you. This isn’t accurate since what’s affecting your credit score is not identical to another person with credit issues. Do not believe anyone who advertises miracles.

TIP! Times are tough, and it can be a good idea to keep your savings in a number of places. For example, don’t put all of your funds into a savings account.

Don’t pay big fees to invest your money. There are fees associated with long term investment brokers. These fees will reduce your total profit. Do not use a broker that asks for too much in commissions and avoid high management costs in general.

TIP! If you often wonder where your money goes, try writing down your daily expenditures for a month to gain a true picture of where you are overspending. If you just write this information in a place you do not look at frequently, it may not have a great effect on your behavior.

Try using the automatic withdrawal plan at your bank so that you will automatically have money transferred into your savings account at regular intervals. This technique works very well if you want to save a little every month. This is extremely beneficial when you are saving money for something like a luxury vacation or wedding.

TIP! Bring a small envelope whenever you leave your home. You can store all your receipts in one place with this envelope.

When it comes to saving money, it might surprise you that something like self-control can save you quite a bit. When electronics are first introduced onto the market, there is a mad rush by consumers to purchase them. The costs of such gadgets tend to drop both rapidly and significantly, though. This, in turn, frees up additional cash that can be spent on other items.

Credit Score

TIP! Buy lean protein at a store that offers it in bulk to save both money and time. But it is only inexpensive if you actually use all that you buy.

Don’t fret if your credit score decreases while work on repairing credit. That doesn’t mean you’ve screwed up somewhere. Keep on working toward getting good things on your credit score, and your score will improve.

TIP! Most electronics that have defects will show them within the manufacturer’s warranty for the product. Usually, extended warranties are of no use to you.

Try to hold a garage sale, where you can sell all of your unwanted goods for additional cash. Let all of the neighbors know about the upcoming garage sale – one might even offer to sell items for them in exchange for a small commission. There are plenty of inventive ways to make money at a yard sale.

TIP! Typically owning two to four credit cards that you regularly use and pay off will help keep your credit score high. If you have only one credit card, building up your credit score will be a long process.

Dealing with difficult personal finances can frustrate you at times, but your efforts will pay off in the long run. The key is having an ability to research what others have accomplished and learn from their success and mistakes. Get a handle on your finances with the helpful information you learned here.

Check Out These Fantastic Personal Finance Tips!

TIP! To be on top of global movements in the market, keep up with the news. Americans mostly ignore news that is not focusing on the U.

Managing your money does not require a degree in finance. With just a moderate amount of logical thinking and some smart money management ideas, you can simultaneously stay within budget and add to your wealth.

TIP! If you’re in a foreign country, eat where the locals eat. Most likely, the restaurant in the hotel, and the restaurants located in tourist areas will be expensive, so look around and discover where the local people eat.

To maintain control of your money, avoid incurring debt at all costs. While some debt is inescapable, such as mortgages and education loans, you should work hard to avoid toxic debt like credit cards. The less you have to borrow, the less hard-earned money you will lose to interest and fees.

TIP! Keep a mini-envelope with you when you go out. Use the envelope to stash receipts, business cards, and other small pieces of paper you want to save.

If your debt has been turned over to a collection agency, keep in mind that if the debt is not collected, it will eventually expire. Talk to a professional about the timeline for your debt to expire. Know these deadlines and never pay out to collection agencies that attempt to collect expired debt.

TIP! Put money in your savings account every month by setting up a direct transfer from checking to savings. This will force you to save money.

Make some extra money by having a yard sale. You can even sell items for neighbors on consignment. Using creativity, the possibilities are endless when it comes to garage sales.

TIP! When working on personal finances, patience can help you save a lot. People clamor to buy the newest electronics without even thinking about the cost.

Switch out your old incandescent bulbs in favor of new, energy-efficient bulbs. This will help you save the environment money on your electric bill. The lifespan of CFL bulbs is much longer than the traditional bulbs. You will end up purchasing fewer bulbs and therefore saving money.

TIP! Buying a car or house are usually the biggest purchases most people make. Payments on your home and car are almost certain to make up the majority of each month’s budget expenses.

Everytime you receive a check, always save some money. You will never have any money left for savings if you choose to wait to see what is left on the last day of the month. If you know that the money isn’t available, it will help you create a budget, and will curb the temptation to spend.

Frequent Flier

TIP! Switch to a free checking account. Local banks, credit unions, and online banks are all likely to have free checking offers.

A program you can enroll into if you’re traveling by air a lot is a frequent flier mile program. A number of credit cards feature rewards programs that allow you to cash in your points or other rewards for discounted, or even free, plane tickets. You can use frequent flier miles at hotels for discounts, or even free stays.

TIP! Before you can fully repair your ailing credit, you must first pay off existing debts. The best way to be debt free is by paying off your credit cards and any loans, and you will need to do some cutting back.

Avoid disaster by saving money for emergencies before those emergencies happen. Another incentive of saving money is that you can put away for a special gift for yourself, like a trip.

TIP! Have a conversation with a family member or friend who is knowledgeable about finance for tips on managing your own finances. If one doesn’t know any finance professionals, a good substitute is a friend or family member who is especially good with their finances.

As this article has shown, you have the capability of raising your net worth, living within your means, and achieving a healthy and enjoyable financial state. By using these financial tips and your heap, you can make a budget, save money, reduce debt and control your money.

Be Bold When Trying Out These New Ideas For Personal Finance

TIP! Times are tough, and it can be a good idea to keep your savings in a number of places. Save your money in a few different kinds of accounts so you are covered.

There are a lot of external factors that goad you to spend carelessly everyday, so it can be difficult to save money. From television ads to promotions in stores, it’s a fight to resist spending daily. The tips and tricks in this article will help you learn to do a better job setting money aside for a rainy day.

TIP! Most electronics that have defects will show them within the manufacturer’s warranty for the product. Businesses make a lot of money off of extended warranties but they are not always useful for the end user.

To be successful, you have to be good at managing money. Profits need to be protected and reinvested as capital in the business. You will see a return on your investments by managing profits. Make sure you have a barrier set to determine what you shall call profit and what will be capital.

TIP! If you’re in a marriage, which ever one of you has the strongest credit rating should be the one applying for any loans and credit cards. If you need to improve your credit score, get a credit card you can afford to pay off monthly.

You can save a ton of money just by being patient with your finances. People are usually tempted to run out and purchase the newest electronics. For instance, you can save a lot of electronics by waiting for the price to drop. Money you save by forgoing cutting-edge technology can be profitably employed elsewhere.

TIP! When talking to a collection agency, see if you can negotiate the payment down. They most likely bought your debt from the original company for a much lower price.

While debt may eventually expire when it isn’t collected, it is advisable to get advice on repayment of old debts. If you think that a debt has expired, consult an expert. You may not need to pay the collection agency for the expired debt.

TIP! It might be possible to make some extra money and get rid of unwanted items with a garage sale. You may even be able to convince your neighbors to contribute unused items, having you sell them for a small cut of the selling price.

If a debt collector is asking you for money, try negotiating with them. You debt was probably purchased by them for a low price. For this reason many will accept an amount less than what was originally owed. Use this fact to your advantage and negotiate a lower settlement.

TIP! The frequent flier program is absolutely ideal for anyone who flies often and enjoys saving money or receiving free rewards. Many credit card companies offer rewards made on purchases that can be redeemed for free or discounted air fare.

Clearing your house of older, unused items is a great way to earn a bit of extra money. If one is also good at working with people they can talk neighbors into letting them sell some of their old items for a nominal fee. Get creative with the ideas for your yard sale.

Cfl Bulbs

TIP! Avoid disaster by saving money for emergencies before those emergencies happen. You can use it to pay for a goal, like saving for college, or paying off your credit card.

Eliminate incandescent bulbs and use CFL bulbs instead. This will lower the cost of your electricity bill, and also help out the environment. CFL bulbs last a lot longer than old-style, traditional light bulbs. With the reduced rate of replacement, you won’t have to spend as much.

TIP! If you wish to have a credit card and are under 21, you need to realize that the rules changed. Traditionally, credit cards were provided for students who are college aged for free.

If you fly all over the world on a regular basis, then you need to take advantage of frequent flier programs. There are many credit cards that offer rewards for purchases that you can use to get discounted or even free air fare. Your reward miles may also be used at some hotels for room discounts or freebies.

TIP! Set up payments on a monthly basis when you are paying credit cards. Credit card companies would rather see you make regular payments than pay your balance off completely.

As you can probably see, it can become very challenging to save any money. The difficulty of saving money is further increased by factors that promote the spending of money. Apply what you’ve learned from the article above, and start saving money that will make a difference in your quality of life.

Great Guide When It Comes To Personal Finance

TIP! To be successful, you have to be good at managing money. You need to invest your profits as necessary in order to build your business.

America has a high level of ignorance with regards to personal finance. The information in this article covers what you need to know to keep your personal finances in order. You can create a budget and stretch your income, as well.

TIP! In order to improve your finances, never pay full price. Try to only buy a product if it is on sale or you have a coupon.

Do thorough background research on any broker you are considering investing with. Check their references, and do not choose someone if you feel they are dishonest or would not act in your best interest. Your experience is also a major consideration.

TIP! Always have an envelope with you. That way, you have a safe place you can store business cards and receipts.

When you are going to invest in forex, pay attention to the current trends. You need to know a lot of information, so you know how to sell high and buy low. Don’t sell on a downswing or an upswing ever. You must have a goal, and stick to it during these wild trends.

TIP! Purchase your lean meats and other protein sources in bulk. This will provide you with both a cost and time savings.

Try to eat in the restaurants that are frequented by the local people in order to eat economically when you visit foreign countries. The restaurants in hotels and tourist areas have “tourist trap pricing,” which can be substantially higher than what locals pay. With this in mind, eat where the locals eat! You will enjoy better prices and a much more authentic dining experience.

TIP! The standard warranty is usually either 90 days or a year, which is plenty of time for most defective parts to quit on you. Extended warranties can end up costing you more money in the long run.

One simple tip for saving money is to buy discounted items. Don’t be a brand loyalist and use coupons whenever possible. If your family usually uses Tide, for instance, but you have a good coupon for Gain, choose the less expensive option and pocket the savings.

TIP! You can automatically have a set amount of money moved to your savings account via your checking account as often as you choose. This can be a great way to save money.

Most products will come with a warranty, and if they break, they are likely going to break during this time. The only one who benefits from an extended warranty is the warranty company, not you.

TIP! You can save a good amount of money if you remain patient. It is very common for many people to go out and buy the latest electronics immediately.

Look at the fees before you invest your money. Brokers that invest your money long term will charge money for the service. The fees you incur affect your total returns. Avoid brokers who have high overhead or take a huge cut for themselves.

TIP! Spread your purchases across several credit cards instead of using one that is nearing your credit balance limit. The interest should be a lot less on two or more cards than it would be on the one that is nearly maxed out.

Avoid getting into further debt to save your finances. Though certain debts are hard to avoid, including those for home and education expenses, it is important to stay away from incurring expensive, unnecessary debt such as credit card debt. If you do not borrow any money, you will not have to pay any interests or fees.

TIP! If a debt collector is asking you for money, try negotiating with them. It’s likely that they only need a small amount of the total to come out ahead.

Patience is the key to saving money. A lot of people splurge on buying the very latest and greatest electronics, for example. You could pay a lot less, though, if you give it time and wait for prices to drop. With the money you save, your budget will stretch further.

TIP! For high-ticket items, be sure to shop around to get the best price. The best solution is to search around and look for the best deal on cars in your local area.

Armed with this knowledge, you can now make wise decisions regarding money and avoid unnecessary expenses. Save as much money as possible in ways that earn more than a standard savings account.