Tip #76: Cut up your credit card.

While closing credit card accounts can often look like a negative on credit reports, no one will know if you cut up a card and threw it out. So cut up most of your credit cards and throw them out, but maintain your accounts.

Tip #77: Use a credit card for small purchases.

In order to improve your credit, use your card for small, daily purchases. Pay the balance off from these purchases each month.

Tip #78: Be mindful of teaser rates.

Most credit card companies will offer an initial teaser rate. Be mindful that this is not your permanent APR, but instead a temporary APR that is likely to change in a matter of months.

Tip #79: Never exceed your card’s credit limit.

Exceeding your card’s credit limit often comes with costly penalties. Avoid doing it.

Tip #80: Get a copy of your credit report.

At least twice a year, get a copy of your credit report to check for errors or for problems you missed.

Tip #81: Ask your bank for better terms.

Call your bank and ask for better terms. This could help you to eliminate fees and get a higher interest rate.

Tip #82: Switch to a bank that has more ATMs in your area.

If you constantly find yourself paying fees to use other banks’ ATMs, consider switching to a bank that offers more ATMs in your area.

Tip #83: Put money in a certificate of deposit (CD).

CDs often require you to hold money for a given period of time (often 6 months or 12 months). This can be a useful device to prevent yourself from spending the money.

Tip #84: Put a fixed fraction of your income into your savings.

Instead of thinking about how much to save each month, automatically put 10% of your income into savings each month. This is a good habit to develop earlier.

Tip #85: Avoid putting money you’ll need soon into stocks.

Stock returns can be volatile relative to other investment instruments; however, for this reason, investing in stocks usually yields a high long-run return. For this reason, don’t invest money you’ll need in the short run in stocks.

Tip #86: If you’re planning to put money away for retirement, put it into a mutual fund.

Put retirement savings into a mutual fund. Talk to your advisor to make sure the money is invested well.

Tip #87: Invest your money in index funds.

Index funds are often cheapest to invest in and provide one of the best risk adjusted returns. Consider putting retirement savings into index funds.

Tip #88: Cut down on extras on your cell phone plan.

Get rid of extras on your cell phone plan, including extended texting and data

Tip #89: Text less frequently.

If you pay on a per-text basis, text less frequently with your cell phone.

Tip #90: Clean your car at home, rather than paying for it.

Instead of bringing your car to the car wash, grab a bucket of soapy water and a
big sponge and get to work. You could save yourself a lot of money.




Tip #61: Try to fix broken items, rather than buying new ones.

Fixing broken chairs, banisters, and other pieces of furniture or fixtures in your home is cheaper than buying new ones.

Tip #62: Take a bagged lunch to work.

If you’re careful, you can take bagged lunches to work for a week for the same price you would spend in a single day if you were to go out to lunch.

Tip #63: Limit the frequency with which you dine out.

Dining out can be very expensive; and it is often easy to ignore exactly how expensive it is. Try to do it less frequently.

Tip #64: When you go to restaurants, purchase cheaper dishes.

If you do decide to dine out, don’t use that as a reason to splurge. Look for cheaper dishes and drink only water.

Tip #65: Go to less expensive restaurants.

Not all restaurants are equally as pricey. Instead of blowing all of your cash on a fancy night out, go to a cheaper one. It can easily be just as enjoyable.

Tip #66: Shop at thrift stores.

Thrift stores often carry a wide variety of second hand items, including books, clothing, and furniture. Instead of buying things new, first consider going to a thrift store.

Tip #67: Keep track of your debt.

Instead of paying attention to your minimum payments only, keep track of the total amount of debt you’re holding, including student loans, credit card debts, and your mortgage.

Tip #68: Keep track of your savings and investments.

Many people make the mistake of ignoring their savings and investment. As a result, they reap small returns—if anything. They also face the risk of large losses during recessions and bubble bursts. Pay attention to where your money is invested and saved.

Tip #69: Get term, rather than permanent, life insurance.

Don’t invest in life insurance. Instead, use it for its intended purpose: get term insurance.

Tip #70: Use local exchange sites to find furniture.

Use local exchange sites to get furniture. In many cases, you will be able to find bed frames, couches, and shelves for free.

Tip #71: Don’t store your credit card numbers online on sites.
Storing your credit card information on sites like Amazon makes it easy for you to buy things you don’t need, so don’t do it. Make it harder by not saving your information.

Tip #72: Avoid impulse spending.

Never buy in the heat of the moment. Instead, take some time to thing purchases
over—especially when they are large—before making the decision.

Tip #73: Do not spend up to your credit limit.

Spending up to your credit limit is rarely a good idea. Instead, try to stay as far
away from your limit as possible.

Tip #74: Call your credit card company regularly.

Your credit card company can do a lot for you. It can lower your APR, extend payment deadlines, and allow you to enter into an extended grace payment or a debt repayment agreement. Take advantage of these services, rather than simply not making payments.

Tip #75: Avoid carrying a positive balance on any card that has a positive interest rate.

If a credit card bears a positive interest rate, you should pay it down immediately. Instead, transfer the balance to a card that temporarily has 0% APR or pay it off as soon as is possible.





Tip #45: Replace steak with chicken and pork.

Steak is much more expensive than chicken and pork. Consider substituting between the meats to reduce the amount you spent on groceries.

Tip #46: Eat less meat.

Relative to the nutritional value it provides, meat is one of the more expensive components of your grocery spending. Consider cutting down on the amount you consume.

Tip #47: Ask your credit card company to lower your interest rates.

Getting a lower interest rate on your credit card is often as simple as placing a call to the company. Get in the habit of doing this on a regular basis.

Tip #48: Pay off high interest rate debt.

Instead of paying down low-interest rate debt, pay down high-interest rate debt. This will reduce the overall amount you pay for debt servicing.

Tip #49: Ask to get fees waived.

Stores, credit card companies, and membership programs are often willing to waive fees if you claim that you will not use the service otherwise.

Tip #50: Ask your cable television provider to offer you a cheaper package.

Instead of purchasing the most expensive cable package, consider downgrading to one that only contains the channels you need, but at a lower price.

Tip #51: Move into a cheaper apartment or home.

If your rent or mortgage is unsustainable high, then move into a cheaper
apartment or home.

Tip #52: Re-finance your car.

Consider re-financing your car. If your income has increased or your credit has improved, you might be able to get a lower rate.

Tip #53: Sell your car.

Cars are expensive. Consider selling yours and taking public transportation instead.

Tip #54: Purchase a cheaper car.

Sell your car and buy a cheaper one—or perhaps one that gets better gas mileage.

Tip #55: Purchase additional razor blades, rather than entirely new razors.

Instead of buying a new razor, buy new blades, which are often now sold

Tip #56: Re-fill ink cartridges, rather than buying new ones.

Ink cartridges can now usually be re-filled using a toolkit and some toner. This is
considerably less expensive than purchasing a new cartridge.

Tip #57: Re-finance your student loans.

If you are able to re-finance your student loans at a lower rate, do it.

Tip #58: Create a carpool for getting to work.

You need to get to work; and so do your co-workers. Create a carpool to save on
gas and wear-and-tear.

Tip #59: Improve your gas mileage.

Use tricks to improve your gas mileage, such as using cruise control. A few
simple tricks could save you 1000 pesos or more each week.

Tip #60: Add air to your car’s tires.

Adding air to your car’s tires (so that they are properly inflated) can improve your
gas mileage considerably.




Tip #31: Replace incandescent light bulbs with compact fluorescents.

CFLs generate the light without the heat. For this reason, they use less energy.
So make the switch to CFLs.

Tip #32: Use the air conditioner and/or heater less frequently.

Air conditioners and heaters can use a great deal of electricity. So if you don’t need to keep a room hot or cool, don’t use them.

Tip #33: Hold a yard sale or setup a booth at a flea market.

Holding a yard sale or setting up a booth at a flea market will help you to a) get rid of the junk accumulating in your closets; and b) pick up some extra cash.

Tip #34: Invest more time into comparison-shopping for expensive products.

When it comes to high-ticket items, spend extra time doing comparisonshopping.
Consider using eBay, Google Shopping, and other online platforms to compare prices, so that you get the best deal.

Tip #35: Base grocery shopping and meal plans around the availability of coupons.

Instead of using a fixed menu to buy groceries, create your menu to fit the availability of coupons for a particular week. This will ensure that you save as much as is possible each time you grocery shop.

Tip #36: Don’t become addicted to spending.

Some of us gain pleasure simply by spending money. If you are one of those people, practice disciplining yourself by not blowing cash simply when you feel depressed or down.

Tip #37: Meet with a financial planner.

A financial planner can help you to visualize your future; and how it will be shaped by savings decisions today. Do this as soon as possible, and get yourself in a plan.

Tip #38: Shop for clothes at second hand stores.

Second hand stores often offer high-quality clothing for a mere fraction of the store price. Instead of spending all of your money on expensive brands at retail stores, consider getting the same items second hand.

Tip #39: Shop at bulk stores.

Bulk stores allow you to get massive amounts of products at a steep discount. If you want to save money in the long run, buying from these stores (and then storing the remaining quantities of the item) is the way to go.

Tip #40: Cook in bulk.

Cooking in bulk is another good way to save money and time. You can do this by producing a week’s worth of food (or more) in a single session of cooking. You can then freeze the remaining food and re-heat it later in the week.

Tip #41: Go on fewer vacations.

Vacations can be tremendously costly, so try to cut back on how frequently you take them.

Tip #42: Limit spending on vacations.

When you do go on vacation, try to spend less. Instead of purchasing expensive hotel rooms, expensive dinners, and expensive drinks, try to reign things in and focus on being happy, rather than achieving happiness through luxury.

Tip #43: Go on cheaper vacations.

Go camping or take a “stay-cation.” These can often be just as fun as a vacation to a far away place, but much cheaper.

Tip #44: Re-finance your house.

Since one of your largest monthly expenses is probably your mortgage, it is always a good idea to consider whether or not you could benefit from a refinance. Do this periodically to make sure that you are getting the best rate.

Tip #45: Replace steak with chicken and pork.

Steak is much more expensive than chicken and pork. Consider substituting between the meats to reduce the amount you spent on groceries.