A Chinese philosopher once said that “the journey of a thousand miles begins with a single step.” Try these tips. You will soon be on the road to financial fulfilment.
Let someone else do it for you.
Sounds too good to be true? Yes and no. We’re talking about automatic payroll deduction to your savings account every time you get paid. You can set this up easily through your employer and the credit union.
Eat at home.
A big part of all your expenses may go towards food. Here’s a tip from my own household. Make food in larger quantities and freeze in individual serving containers. This is not as hard as it sounds. You do not have to sacrifice time on your weekends or stay up in your kitchen late at night. Just make a larger quantity every time you cook.
Make a grocery list before you go to the supermarket.
It sounds like a no-brainer. But not many people actually do this. An impromptu grocery run will end up costing you more. Why? Because a “list-less” shopping trip will cause you to drift from aisle to aisle, tossing random items into your cart and in the end, leaving with things you actually don’t need. Write down your items on a piece of paper or better yet, use an app that you can retrieve on your phone. I personally use the Echo/Alexa app’s shopping list feature and love it.
Use the library.
This is one of my favorite tips! As an avid reader, I consume dozens of books a month. Most of them are available at our county library for free. I love the digital books which I can borrow day or night and which are automatically returned without any effort on my part. The library even has audiobooks which saved my sanity on a fifteen hundred mile drive a few months ago.
Use automatic bill payment.
Sign up for this service via your credit union’s online banking and your electricity, water, credit card and most bills can be paid to the vendors you designate – all without recurring efforts on your part. You’ll save on stamps, paying for paper checks and trips to the post office.