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.