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Biz 101, How To Save Money
Ever feel like you’re short on cash? How would you like to learn how to save what you earn? Today’s average consumer is way too focused on spending, and not focused enough on saving. In Money to Be Made Online, you’ll learn some of the ways you can save money while doing business. If you fit into the category of “not rich,” before you can go on that wonderful vacation, or buy a new house, you need to save up some cold hard cash. Nothing is better than money well spent some say. Well I think nothing is better than money well saved. Before you can spend wisely, you have to have some good savings.
So what’s the secret to saving money? I’m going to outline a few simple tricks that if followed, will leave some extra cash each and every month. Why is it that people are always spending more than they earn? Because they’re in the business of helping other people save money. That’s right, they’re providing the retirement funds for the debt collecter, or credit card executive. First, I want to let you know where some of your money goes, besides when it goes down the drain.
Most people forget completely about their money after it leaves their pocket. Money isn’t just a piece of paper or numbers on a screen. For the purpose of this article imagine that money is a type of energy, like electricity. Like electricity, most people don’t think or care where it comes from, or where it goes, and how it’s transferred from place to place. Each time you use electricity, or transfer it to another place, you lose some of it’s potential. Most appliances don’t use 100% of the potential energy available, maybe in the future but not currently. When you buy something, taxes are taken out, plus the middle men’s fees, and then profit for the top of the pyramid.
The first thing you should do is become aware of WHERE your money goes. By thinking of where money comes from, and ends up will open your mind into new avenues of perception. You have to fight your way out of the “consumer” box and create a new box, with a new label, that you’re comfortable. It’s good to think “outside the box,” for people who live in boxes they didn’t create themselves. But when you create your own box, when you design your own life and are finally free from all debt, worry, and create your own experiences, then I suggest you think inside that box instead!
So now practice thinking this in everyday life. Where is my money going? Imagine all the little middle men in between, and then maybe you’ll respect money a little more.
Russia cuts gas flow to Europe, countries report Russia's state gas company halted natural gas supplies to several European states Tuesday and severely cut back flows to other nations amid its price dispute with Ukraine, officials in those countries said. December auto sales stall General Motors said Monday that its Canadian sales for December dropped 19.5 per cent from a year ago as the economy sputtered and many auto companies reported weaker sales. Obama expects speedy passage of U.S. stimulus package U.S. president-elect Barack Obama said Monday he expects Congress will approve a multibillion-dollar financial stimulus package within two weeks of his taking office. Spend billions to boost economy: Canadian Centre for Policy Alternatives Ottawa should spend $32.9 billion, or 2.1 per cent of GDP, in 2009 to stimulate the Canadian economy in 2009, the Canadian Centre for Policy Alternatives suggests. It says the economy would get a three per cent boost and 407,000 jobs would be created. Caisse boss quits after short tenure Only five months after he was named to the job, the head of Quebec's Caisse de d?t et placement is quitting. Mutual funds battered in 2008: Morningstar Twenty-three of the 24 equity fund indices Morningstar Research tracks posted losses of more than 20 per cent last year, and 20 of them had their worst year in at least a quarter-century, the company said Monday. Housing starts to drop 16 per cent in '09: builders Canada's housing market will slip more than 15 per cent in 2009 and set this country on pace to fall further than the ultra-depressed U.S. homes market, according to a new report released by the Canadian Home Builders' Association Monday. Show us Mackenzie pipeline decision in March: agencies to panel Two of three agencies that created the panel to review the proposed Mackenzie Valley natural gas pipeline in the N.W.T. are now pushing the panel to release its findings sooner this year. Bombardier inks $2.1B US deal with German railway The railcar arm of Bombardier Inc. signed a $2.1-billion US contract with Germany's Deutsche Bahn railway, the Canadian company announced Monday.
Oil price reverses course in trading, ends Monday up $2.47 US Oil prices ended a turbulent Monday up almost $2.50 US as increased confidence regarding the possibility of more U.S. financial aid added to growing unease about the prospects for a number of oil-producing nations. 4th pipeline bombing in northeastern B.C. A fourth explosion occurred at an EnCana Corporation natural gas facility in northeastern B.C., just east of Dawson Creek. A quieter CES may make it easier to be heard With the economic downturn weighing heavily, big electronics manufacturers may hold off on flashy new product launches at annual Consumer Electronics Show.
OPEC's future blowin' in the wind For the Organization of Petroleum Exporting Countries, renewable power - not the sludge that comes out of the Alberta oil sands - is the biggest threat to the 48-year-old oil cartel's prosperity in 2009. Institutional buildings buoy U.S. construction spending in November Construction on offices, prisons and other non-residential structures kept U.S. construction spending from falling farther than expected in November, according to figures released Monday. Crystal, china maker Waterford Wedgwood files for bankruptcy protection Waterford Wedgwood PLC, the maker of classic china and crystal, filed for bankruptcy protection on Monday after attempts to restructure the struggling business or find a buyer failed.
You’ll realize how big and industrious the world actually is. After you’ve reached this stage of awareness you should be more motivated, and ready to seriously save some money. By saving money in this state, you might realize how important that one little dollar of profit is. When multiplied by a good product and millions of consumers, you’ve just made a million dollars.
If you’re ready to start saving some money, be ready to follow these simple tasks, and expect some extra cash! First, you need to be organized. Saving money is not just about being cheap, but it’s also about management. You must organize well! Most successful people are great at saving because they’re natural organizers, and when they make it big they get a secretary. After a while these tasks become natural, and don’t feel like a bother at all, so keep it up and after a while you’ll get a hang of it.
Organizing your cash flow is essential. Everywhere you go, carry a note book, small note pad, or a PDA if you have one. Most PDA’s are compatible with finance software, so buy some or find a free version. DO IT NOW! This is the most important aspect of saving money, you first need to know where it’s going! So for the first week, I want you to do two simple things. Every single thing you spend money on, write down the date, the cost, where, and how you felt. At the end of the day create another separate sheet with a total of amount spent, and list all the things you can do without. Now try to think of where your money went, and imagine the process it took to make the products you bough. Did you purchase gas? There are lots of things needed to get gas into the country, so imagine the process and your mind will open!
After one week, take a look at all the data you’ve collected. Don’t do this review until a full week’s data has been collected! Determine what was essential and what you can do without. Take your daily essential and total them up. Look where you can eliminate needless expenses! One of the things you can do, are follow the guidelines in Money to Be Made Online. Follow the experience of seasoned veterans, and save money for your business today!
Keith Londrie II is a successful Webmaster and the owner and publisher of moneytobemadeonline.com A website that specializes in providing tips on how to REALLY online that you can research on the internet in your pajamas from the comfort of your own home. Visit http://moneytobemadeonline.com/ today!
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