Save Money on Money! HTML version

time. Try asking the credit card company to remove the overdue charge if you have
forgotten to pay it on time for the first time.
Manage your debts
If you see that you have more debt than what is comfortable, think ahead and plan out
how you will repay it or at least reduce your debt. Devise a way to pay more than what is
required of you so that you will have a reduced payment schedule. Prioritize the card that
has the highest interest rate. Do not bring your credit card always when you go around
since temptations abound.
Don't bite more than you can chew
As the saying "don't bite more than you can chew" goes, do not spend more than you can
afford. True, a beautiful gold bracelet may be enjoyable to wear but its price tag may mean
paying a lot for the next months. If you are bent to save money when using your credit
card, unnecessary items like jewelry and the like should be at the bottom of your
A little goes a long way: Smart secrets to budgeting
There’s nothing more we want than to be able to efficiently
manage our money. After all, the money that we want to
manage is money that is oftentimes, hard earned. This is
where a budget comes in. A budget executed properly, should
help you see where your money is going, get more utility out
of every buck, and help you save some extra for future use.
The first smart secret to a budget is to set a goal. What do you
want to achieve? Do you want to correctly appropriate your
income into bills payments? Do you want to put an amount
aside for a big purchase or a huge investment? By having a
goal, you will be able to shape your budget to best serve your
Secondly, you would want to take note of where your money
usually goes. This includes bills, major but regular purchases (like grocery costs, healthcare
costs, and the like), and everyday miscellaneous purchases. Only when you list down
where you know your money usually goes will you be able to identify which expenses you
can do without. Once you’ve identified these regular expenditures, take into consideration
what you can cut back on. How much do you spend on your daily caffeine fix in the
morning? How much do you spend on newspaper deliveries to your front door? The measly
$2 or $5 of these small purchases cumulatively translates to more than $3600 a year!
Instead of buying your expensive latte or reading the newspaper on print, put aside the
amount you would usually pay for these small routine purchases in a small container. You
will be surprised at how much you’re saving out of your older budget.
Being indebted is a vicious cycle on its own. You’re talking about continuous payments, not
to mention huge interest rates. The best way to deal with this is to pay the minimum on all
of your debts in order to avoid paying extraneous late fees. Whatever cash excesses you
may have, you can opt to add on to the payments you make in your biggest debt. This
way, you are concentrated on getting the biggest debts first that cost you the greatest
interest rates. Doing this progressively, you’ll be amazed at how much you’ll get off your