Your 2006 New Year’s Resolution - Save More Money!

Are you planning on establishing a “New Year’s Resolution” to start
saving more money in 2006? Like any resolution, unless some ACTION
is taken on your part, nothing will ever change.

For example, if your New Year’s resolution is to lose weight, you WILL
have to change a few eating habits and/or exercise regularly. If your
goal is to quit smoking, then you WILL need to make an honest effort
to stop smoking.

Key To Your Success
~~~~~~~~~~~~~~~~
The key to making your resolution become a reality is to set a goal. In
other words, what do you want the ‘extra’ money for? Are you saving
for a new car stereo system? What about a family trip to Las Vegas?

Point is, when you have something to strive for, saving money becomes
ten times easier. This goal is something you really want, so you will
do what is necessary to be successful.

Once you have a tangible goal to work toward, establish an amount
you will need to reach. Or, how much is your ‘goal’ going to cost?

For example . . .

A new car stereo system - $200-$700, depending on quality.
A trip to Vegas - $350-$1800, depending on distance/hotel/gambling
habits.

Start off just a week at a time. Decide how much you need to save per
week in order to reach your goal. Use these tips to help save money
each and every week:

Avoid Eating Out

This may be your number one money saver depending on how often
you dine out. Trips to restaurants and fast food ‘joints’ can quickly
add up to be an expensive bill. Try and limit your outings to once a week,
or better yet, once a month. On other days, pack a lunch or cook at
home. Not only will you find yourself saving money, but you’ll be
eating healthier at the same time.

Adopt The “Do I REALLY Need This” Approach

Before you purchase ANYTHING, ask yourself if you REALLY truly need to
have it. Whenever you are tempted to buy something, ask yourself “Do I
REALLY NEED this new item, or do I just WANT it?” You may be surprised
to learn that some of the purchases you make, you simply WANT to have
and can probably get by without it (at least for now).

Put A Limit On Entertainment Costs

Who’s to say that you need to spend $150 every time you have a night on
the town? There are a number of activities that don’t cost much like
miniature golf, bowling, movies, picnics, camping, museums, scenic spots, local
college sporting events, city parks, beaches/rivers/lakes, and the list
goes on and on. Point is, be creative and have fun without spending all your
hard earned money.

Don’t Let The Kids Have Free Money

How often do you find your children saying ‘Mom/Dad, let me have a few
bucks!’ Many of us don’t mind, or sometimes we are too busy at the time
to put up an argument. Regardless, this will cut into your savings
potential, and delay you from achieving your GOAL. Instead of just giving your
children money, make them earn it. Teach them the value of money and they will
soon learn not to spend their money haphazardly since it does not “grow on
trees”.

Stash Your Savings In A Special Place

Don’t forget to do this! You wouldn’t want to spend the money that
you’ve worked so hard to save. Designate a special container for your savings
where all the extra money can be put. As they say, ‘Out of sight, out
of mind’. Maybe even a specially designated bank account to take the risk of
spending out of the picture.

*NOTE*: Take extra special care in where you keep your container, and
who you tell about it. This is your personal goal, so there is no
reason the whole world has to know, right?

Conclusion
~~~~~~~~~
These are only a few money saving tips you can implement into your
day-to-day routine. Keep in mind though, these aren’t your only opportunities to
put some extra money in your pocket, but they are some of the easiest to start
implementing.

Take time to reflect on your current situation. Analyze your expenses
to see where you might be able to cut-back to save more money. Remember, you
and only you control the amount of money you save in 2006.

You’ll find that when you set a goal that is important to you, saving
money is really not that hard. If it is important to you, then you will make the
small sacrifices to accomplish that goal.

If you are interested in getting your hands on a more detailed,
step-by-step money saving guide, take a look at some of the Ebooks that we offer.
You can even download a FREE electronic book titled “Eight Steps To Tackle The
Money Saving Process” at the following location:
http://www.savingsecrets.com/8part.html

Best of luck in attaining your New Year’s Money Saving Goal! Remember,
the more dedicated and persistent you are, the more money you’ll save. That
is the overall purpose of your New Year’s Resolution…right?

BankruptcyZone.com

Your 2006 New Year’s Resolution - Save More Money!

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