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May 25, 2021

132 Its Important To Save Money On A Tight Budget It Builds Wealth - Paul Lawrence Vann

132 Its Important To Save Money On A Tight Budget It Builds Wealth - Paul Lawrence Vann

All too often people think they can't save money but they can. During this episode, Paul provides several ways for you to consider saving on a tight budget, embrace some of them and you will be on your way to saving more money.

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Wealth Academy Podcast - Wealth Is More Than Just Money

There is no time like the present to save money and during this episode, you will discover, some you're likely aware of and others you may consider for the near term. Who doesn't want to save more money, all of us do, and here are a few ways to save more money, and note there are more than this to consider.

  1. Make timely purchases, many products you're going to purchase any way you can do so from a seasonal perspective, this will save you money in the long run. Example purchase furniture in January, vehicle in July.
  2. Discover how to get free stuff, birthdays, bartering, etc.
  3. Pay down your credit card debt, you will save on the interest you pay.
  4. Refinance your mortgage and or vehicle, get lower interest rates.
  5. If you have student loans, get a better repayment plan.
  6. Do meal prep, save money by purchasing in bulk, and preparing meals for the entire week.
  7. Ask for a raise, negotiate your salary or 401 k plan with your employer.
  8. Live below your means.
  9. Avoid the term deals when it comes to prospective credit card rewards.
  10. Cancel automated purchases that are non-necessities
  11. Monitor and regulate your utilities such as electricity, gas, and water.
  12. Repair what's broken instead of purchasing new products.

These are just a few ways to save with a tight budget, incorporate some of them into your financial lifestyle and you will reap the rewards of saving. Discover more about Wealth Building Academy, LLC financial coaching program at this link  https://bit.ly/3wau8fB

Host - Paul Lawrence Vann

Email - info@paulvannspeaks.com

Office - (800) 341-6719



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