http://thewealthbuilderz.com 10 Ways To Save More Money Fast
Whats Good Wealthbuilderz its yah boy DeVaughn back again with another video Today we are talking about 10 Ways To Save More Money Fast
Real quick before we go on go ahead like this video and subscribe to my channel.
Now back to the topic at hand... 10 Ways to Save More Money Fast
If you want to be a wealthbuilder you have to know our mantra. Which is Make More, Save More And Build More
I tend to talk about making more money more often then talking about saving more. In reality building wealth is not always about how much you can make but actually about how much you can save too. So lets get into the 10 ways to save more money fast!!
1. Keep More Cash On You When your out on a date at a restaurant or even at a sporting event. Its easier to whip out a credit card and swipe but its way harder to go ahead pull out cash and break $100 bill or count out a bunch of cash without feeling some type of way when it coming out of your hand. It makes you think twice about spending it.
2. Automatic Deductions to a high interest savings account Get automatic deductions from your check to your savings account that you don't have immediate access to. This will take some time to grow but if you put in a savings account with some interest it will grow quicker then you think especially if you have it set up for compound interest.
3. A Monthly Breakdown on what you make and spend This is definitely a need. I used to never do this but once I started breaking down how much I spent and how much I made then I was able to see what I was doing that was wrong. My saving increased because I knew where my money was going.
4. Try to avoid advertising This might sound crazy coming from a person who makes there money off advertising but if you want to save money you don't need to know when all the newest stuff comes out. If you know when all the coolest doo hickies come out then you feel like your missing something Thats when impulse purchases happen. You don't need those. Those are budget busters!
5. Now vs Later If you do see somethin you like then you might want to wait for atleast a month before purchaseing This will give you time to really see if its something you really want vs what you really need.
6. Turn your prices into hours Whenever your going to buy something really expensive ask yourself how many hours will it take for you pay for that item. Then ask yourself is it worth the time. If its not then put the shirt or whatever it is back on the rack and walk away slowly.
7. Focus on increasing your income. Now this sounds crazy but most people don't want to change there lifestyle but want to save money. So my thing is the only way to do that is increase your income If you can find a way to make atleast $300 - $500 extra to save that would put you in a position to save fast.
8. Cancel your memberships to gyms and things like
