What are Some Ways to Fatten Up Your Wallet?

ashart By ashart, 10th Jun 2012 | Follow this author | RSS Feed
Posted in Wikinut>Guides>Money Saving Tips

Just some extra tips on how to save money for rainy days. :)

What are Some Ways to Fatten Up Your Wallet?

Many people are often complaining that they do not have enough money to spent. Or when they have reached an old age, they do not have enough money to get through their retirement life. Teenagers are also often asking their parents for more money. What are some ways that we can take on so as to save money for rainy days? Here are some methods that I use:

1. Before you buy something, think twice about it. Are you going to use it or is it going to be thrown aside? Is it a want or a need? Do you really need it?

2. Save 50% of your salary. It may seems much but, look at number 1 again. This will help you to get through the month and save money at the same time.

3. Buy insurance. This is good way of forcing yourself to save money for rainy days as well as for your retirement.

4. Try to make saving money a fun activity. For example, whenever you have a dollar or two when you get home, put them into a coin bank. You wont know how much you get to save from there but still, it is a way of saving money. Little but steady.

5. For teenagers, get a part time job. You will definitely have an increase in pocket money. At the same time, you get the joy of satisfaction when you buy things with money that you earn.

Will update more when I have more tips on how to save money! Hope that these tips are useful! :)

Tags

Money, Saving, Tips, Wallet

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author avatar ashart
I love writing. I like to write whatever that comes to my mind.

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