Aug 30, · How I Saved $10, in Six Months 1. Set goals & practice visualization. At the beginning of the year I set goals, including—for the first time in my 2. Have an abundance mindset. Everyday I speak the following affirmations to myself: a. Money is . SAVINGS $ per month OR $2, in 6 months Here are some ideas to save money on food: Go on picnics – seriously who wants to get kids to sit still in a restaurant. Double and triple recipes and freeze; Freeze leftovers; Pack a lunch Cut coupons; Make cheap recipes; Buy stables at a discount warehouse – I love Costco and I have a list of the best deals.
The journey to becoming a saver is a difficult one. For many, it takes years. For me, it has been a personal evolution and a major lifestyle transformation. Three years ago, I was a person who purchased everything that I wanted to. It all changed when I made a decision to start living a different kind of life, one that was full of love, passion, and meaning. I stopped buying things just because I wanted to. I stopped lusting after material how to configure tns listener in oracle 11g. I learned to purchase only what I truly needed.
Later, I got rid of much of the junk I had collected over a lifetime. Finally, I began to practice a truly minimalist lifestyle. This month marked an important milestone for me. At the beginning of the year I set goals, including—for the first time in my life—some very specific financial goals.
In addition to what kind of grapes make red wine, I also practiced visualization. I imagined myself living a lifestyle that would allow me to reach my goals with ease. Visualization is imagining yourself once you have reached your goals.
When we practice visualization, we must be extremely specific about details. Detail is the most important part of visualization. Rather, you must get specific. What will you be doing exactly? What will your lifestyle look like when you reach that goal? What will you wear? What will you eat? What will you do with your free time? Who will you be surrounded by? There are many more questions that you can ask yourself. Be creative. The more specific you get, the better. The act of setting goals and visualizing your success will be a critical step in your journey.
Your goals and your visualization will serve as your guide map as you journey forward. Have an abundance mindset. Everyday I speak the following affirmations to myself: a. Money is flying at me from all directions. I always have more than enough money to live happily, comfortably, and passionately. Believe me, if you are thinking that this sounds crazy, I understand. But I knew in my heart that I have always moved in the direction of my most dominant thoughts.
But, when my thoughts became full of abundance, prosperity, and confidence, that became my reality. Excuses are the arch enemy of success. I need a new suit to wear to the conference next month. The more you practice saying this, the more easily it will come to you the next time you start to make an excuse or lie to yourself.
Cut out the excess. I never imagined what an enormous difference cutting out the excess would make to my monthly budget. Before I started saving, impromptu shopping trips, dining out, and trips to the salon, were regular activities for me.
If I was flipping through a catalog and spotted a gorgeous pair of Gucci sunglasses, I would go online and order them. The list goes on and on. I never stopped to consider the impact that my actions had on my finances. If I wanted something I bought it. It was so easy for me to justify my actions. I am a good person. I deserve to have what I want. Make automatic deposits. When I first started researching debt-free lifestyles, I kept coming across information about automatic depositing.
I thought the idea was ridiculous! I thought that there was no way I could stop missing any amount of money, no matter how small! But, six months later, here I am eating my words.
After a couple of months, I honestly stopped missing that money. It was particularly easy to adjust to the change in my budget because that was the same time that I started to cut the excess. The money that I saved by eliminating the excess crap flowed into my savings account seamlessly. I also started to seek out other ways to lower my monthly expenses. I started packing my own lunches and we got rid of cable. Side note: Netflix is a cheaper, excellent alternative without all the bullshit marketing!
Yes, this is a huge chunk how to use a vga to hdmi cable my monthly income, but I know that this is the right thing for me to do at this time.
Use Mint. I absolutely adore Mint. I have been using Mint since last September to track my spending. It is so easy to use. It enables me to monitor my spending and locate additional areas where I can save.
Invest in long-term happiness. Getting out of debt does not mean that you have to make insane sacrifices, live like a pauper though that helpsor even give up on your dreams. It simply means that you should spend responsibly and spend when it leads to long-term happiness instead of instant gratification.
A couple of my recent substantial purchases were my Macbook purchased in April and my upcoming trip to Paris booked earlier this month. Over the past six months, I have also spent money trading cash for experience.
Use extra money as extra savings, not extra spending. Around the time that I started saving, I also started to practice minimalism. Around that same time, I also started life coaching. All of the money that I made from selling my possessions and life coaching has gone into my savings account.
This is a grave mistake. If you continually increase your spending as your income increases, you will never get ahead. By taking my extra income and depositing into my savings account, I have been able to meet many of my financial goals for the year ahead of schedule.
When I got my annual bonus in June, I separated out one quarter to buy my mom a birthday gift and to give Matthew money for our home improvements. I put the rest of the money right into my savings account.
I am no longer a fan of money or a slave to my debt. In the end, all that we need exists within ourselves. The true wealth of the world lies within the vast, beautiful depths of our souls. Of course we need the basics—food, water, shelter—but beyond that, we need a lot less than we think.
I hope that these tips are helpful to you. I hope that at least one of these ideas will resonate with you and allow you to take the next steps in your journey toward financial freedom, passionate living, and creating the life of your dreams.
If you have questions, ask away! Great post Dena. Laura — Thank you so much for your kind words! After awhile saving becomes like an addiction. I never though I would see ME become addicted to saving and not spending!
Absolutely awesome Dena!!! What a story and what a how-to post!! It is those small steps that really transform a persons thought process. The negative thoughts people often have what is the meaning of genetic variation themselves generally translate into reality because they start believing them.
Once that happens the road to independence seems hopeless, therefore giving the person no reason to even try. One of the most important things I have learned about myself is that, often times, I am my own worst enemy. It is I, that limits my abilities and successes more than anyone else eve could.
Once I learned that about myself, my life began to take a drastic and purposeful turn in the right direction.
Our mission is to empower women to achieve financial success.
Feb 06, · Welcome back to my channel! I hope you enjoyed today’s video! What was your favorite part? What did you find most useful/helpful? If you decide to use any of. The 20 Tricks I Used To Save Ten Thousand Dollars in Four Months. How I saved a full six-month emergency fund fast as a recent grad. Rachel Gideon. Apr 24, · Finding ways to save $10, Now you know what the break down is, let's go over specific ways in which you can start saving! 1. Save on bills. The easiest way to find $ dollars to save per month is to sit down and go over your expenses with a fine-tooth comb.
How did we do it? With three kids, we spent our week racing from work, to school and daycare and activities. The weekends were spent wrangling the mountain of laundry on the couch and whatever else was behind. So we focused in on our priorities and found the motivation to make changes. Now we are a family of 6 on one income and we have time and money to travel together.
My list below will get you started on some ideas. Follow this Money Saving board on Pinterest for more ideas. How to use this as a guide to start saving money for travel. This week, pi ck one or two things from the list. Go for the easiest win. Something simple that you might not miss. Cable TV I never missed. Specialty chocolate — thats a little harder to give up.
Then, the second week pick another change to make. You can even decide to cut back more on the same thing. Go from premium cable to basic cable rather than cutting the cord altogether. Little things will add up in your savings travel funds. Seems like you can subscribe to anything these days. The biggest three expenses in this area are phone , internet, and cable TV. For a long time, we watched DVDs and streamed movies on the laptop.
Now we have a Roku and have Amazon prime. I am happy to have a bigger variety than Tangled and Strawberry Shortcake. Actually, we first canceled internet and used the hot spot off the phone until we moved to a location with spotty cell service.
Now, we have slower internet and my phone runs on the wifi. I go to the library or coffee shop to upload or download large files. Also, Charles calls to negotiate the cost down every 6 months or so. We had a great deal with Sprint on an employee plan. But once I was home and on wifi, I changed to Republic Wireless. They use smart handover technology so that the phone runs most the time on the wifi.
Republic Wireless is great for travel too because you can call from anywhere on a wifi connection without international charges. I could just kiss them. Of course, those are the biggest savings but here are some more ideas of subscriptions to cancel or negotiate down:. The next big line item on our budget is food. Unlike subscriptions, this we have to be constantly diligent to stay within the budget. When our family we smaller and we lived in the city, we ate out all.
That was a big category to change. We would eat out more than once per week and buy lunches too. I constantly battle the grocery monster. I know some people thrive on couponing and following the best deals. I used to. I meal plan and go in with a list. Also, I shop once a week and when the fruit and snacks are out — thats it till next week. Out of milk — its water till shopping day. Out of bananas — wait till Wednesday. I use various strategies and try to eat whole organic foods. Meal planning, going to Costco, checking the discount racks and shopping once a week has made the biggest difference for me.
I pay off the Costco membership in butter. We have a chest freezer and buy a half cow a year. We not only save money but get to eat much better meat and cuts than we could afford individually.
We are eat grass-fed roasts and steaks for the cost of grocery store hamburger. We just enjoy a little more luxury on the money we do have. I take free meat and veggies from our hunting and farming friends when they offer. I have a friend who culls her roosters. The list of costly fun things to do is endless — going to the movies, swimming at the pool, video arcade, shopping, the amusement park, the water park, the zoo.
The list of free things to do is long too. We had to start to choose the free things to do. Hiking, sledding, playing a the park, going to the library, kicking the soccer ball, swimming at the lake. Our town has activities and events about every month as well. Shopping for new clothes and other items was something we had to reduce and replace with used items.
Mostly we shop the local thrift stores for clothes, garage sales and gratefully accept hand me downs. For large items, we use Craigslist and the local Facebook swap group. It took me a while to figure out where to buy used items in the rural area we live in. I have had the most success with the local Facebook swap.
This is similar to what the Bureau of Labor and Statistics reports. Cars and homes cost a lot. If you have a family there is no getting around the fact you need a place to live and transportation. When we decided to scale back to one income, we worked to pay one car off and sold the other. The car we sold had no equity but we did get out from under the payment.
Yes, we broke all the rules of frugal living when we scaled up to two incomes, including buying a new car. When this happened it was our opportunity to get out of a car payment. My grandparents gave us their small 20 year old Toyota as a commuter car. Of course it was in immaculate condition. We drive more efficiently, carpool, combine errands and walk around town for outings with the kids. Charles does all the oil changes and basic maintenance on the cars. He has been learning more and more about cars and fixing them.
He has completed several roadside fixes saving us hundreds of dollars in towing and mechanics. Of course, getting rid of an expensive car is a fast way to reduce the cost of transportation. If you are looking for a less permanent option to start with here are some ideas:.
When looking at homeownership expenses you have to include not only mortgage and taxes but also maintenance and repairs. We did move from a rental house and bought a larger home in a cheaper community but I did not include that in my calculations.
So it was more like avoiding lifestyle inflation which is a savings strategy in itself. We do save money on doing the maintenance ourselves. Two years ago, Charles and my Dad installed an evaporative cooler instead of central air. The electric company was giving an incentive bonus for installing high-efficiency coolers. The entire high-efficiency system, ducted to my 6 rooms, with auto controls, was completely FREE.
Yes, you read correctly. We bought the cooling unit from the supplier rather than Lowes and had a ductwork fabricated by a local shop. I carefully kept all the receipts and communicated with the electric utility to ensure we would receive the rebate. In addition, we save money all summer long from not running a central AC system. We just pay a slight increase in water use and electricity to run the fan and motor. Maybe your not up for a major home project but small steps add up too.
We do other maintenance like lawn care, irrigation, plumbing and handyman work. Seriously, buy some gloves and a drain snake. Although I love a house cleaner and enjoy the help sometimes, I did not have a cleaner for a long time. Of course, I just shared the largest reductions in our budget. We have done may other smaller things too.
We cut our own hair, paint our own nails and stay away from the beauty salons. We have six heads — that would really adds up around here! We fix almost everything ourselves.