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Sat, Jul 25 2009

Tricks that money savers use

People who always seem to save money actually have a method to the madness. I’ve known a ton of thrifty people, read plenty of books on money saving, and tried to stay thrifty myself, and here are the most common rules I’ve seen all these folks use.

save more money all the time

They research first and buy later: With all the amazing information on the Internet nowadays, there is no reason not to completely review a product before buying. You may find that cheaper car you like is not such a bargain when you read that repairs on it are costly.

They ponder, consider, and re-think most, if not all, purchases: Blindly buying items is never how smart thrifty folks save money. They find a product and carefully consider if it’s necessary, useful, and a good deal before plunking down their cash.

They’re crafty: They cook homemade meals, learn to sew, and most of all come up with ideas about how they might get the same item for less. For example – if they see a cool coat in a style they love new, they may consider searching online for a deal or look at used clothing shops for a similar style. Or they realize that growing their own organic veggies is cheaper than store bought.

They don’t buy junk: Little breakable plastic toys, endless bags of non-nutritious chips, a cheap lamp that will break in a few years, and so on. They buy useful stuff and items that have longer-term value.

They identify their priorities about money: It doesn’t matter the priority; buying a house, taking a trip, paying off the car, or what have you. These people know what they’re saving for and have goals in place.

[image via stock.xchng]

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Comments

  1. Trackback
    908 days ago
    Tips Not Tricks for Living Thrifty : Thrifty Mommy - Time and Money Saving Tips from Thrifty Mommy

    [...] less, limit waste, and find a way to get more cash in your pocket. Good rules to follow if you want to live thrifty and save [...]

  2. Trackback
    986 days ago
    Five easy ways to save money : Thrifty Mommy - Time and Money Saving Tips from Thrifty Mommy

    [...] a Comment // There are plenty of ways to save money that are a snap to incorporate into your daily life. Such [...]

  3. By sheila

    This post is full of wonderful useful tips on saving money. When it comes to buying anything, I think the part about ‘doing research’ on what’s available is where we fall short. As a convert to online shopping within the last few years, I was very happy to find the site http://www.savingswatch.com where you can easily compare prices in more than 1,000 stores. And you get the best promos, discounts, rebates, and cash rewards available. Saving money has never been so easy. Just add that convenient feature for comparison, and that instantly makes you a smarter shopper! Anyway, thanks again for your great posts!