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Saving Money

Quitting Bad Habits to Save Money

What is a habit? According to Wikipedia, a habit is a routine of behavior that is repeated regularly and tends to occur subconsciously. They also add that old habits are hard to break, and new habits are hard to form because behavioral patterns are imprinted on our neural pathways. Before your eyes glaze over at the thought of neurology, let’s take a look to determine if we have any habits. If we do, are they causing problems? Quitting bad habits can be a sure way to save money, and it can also improve your quality of life. Good vs Bad Habits As an adult, we likely have habits that are so common that we don’t put much thought into them. If you get up an hour early to exercise every morning, or always put money into your savings account as soon as you get paid, those are great habits. If you can’t get through a day without cigarettes, a stop at the local bar, or buying a lottery ticket, it might be a good idea to examine those behaviors or potential “bad” habits to see if they are derailing your long term goals. Financial Impact of Bad Habits Some common ...

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Things I Refuse To Save Money On: Wasteful or Smart?

Since turning over a new financial leaf a couple of years ago, I am always looking for ways to save or earn money. However, there are some things that I just can’t bring myself to do even if it could put some more coin in my wallet. I’d like your opinion on whether I’m wasteful or smart. Let me know if I’m crazy to refuse to save money in these ways. . Waiting in Line For Gas In our town, the Kroger chain grocery store is always the cheapest place to buy gas. I shop there, so I usually have a discount on top of the pump price because of my customer points. That being said, there is always a line at the pump if you try to buy gas at the end of the work day. I try to go in the morning, but sometimes I can’t make it. I refuse to park my car behind someone pumping gas. I always choose the person has to go write a check at the window. Instead, I pay 3-5 cents more per gallon down the street, where there is never a line. Approximate cost per year: $10  Wasteful or Smart?  Property ...

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How Much Time Would You Invest for $2.50?

I noticed an error in my bank statement last month. It wasn’t  gigantic, and it certainly wasn’t in my favor. It was actually pretty piddly, $2.50, for an ATM fee. I kind of hemmed and hawed about it, but ultimately I called to have it fixed. I felt sort of like a complainer, but it was an error that did cost me money, even though that amount isn’t going to make or break anything. It made me wonder when does being vigilant with your finances turn into obsessiveness?

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The A-Z of Saving Money-Ebook Launch and $250 Giveaway

This is a very special Monday. I’m happy to be promoting the launch of a new ebook about saving money. There are so many ways to save money in this book that it was titled “The A-Z of Saving Money.” There is a saving topic for every letter of the alphabet. Obviously if you are reading this, you are looking for ways to make your financial life better. Whether you’re just starting your quest for financial independence or if you are already part way in your journey, you know saving as much as you can on expenses gives you more money to use toward your goals and dreams. Glen from Monster Piggy Bank masterminded the idea of using financial bloggers to create this ebook. You don’t get the advice of only one person, you also get tips from great financial minds, including Glen, plus the writers who are behind these financial blogs.

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Using Coupons to Save Money

What is coupon really? A piece of paper with pictures and writing on it? Something you use to start fires? Spam in your inbox? No silly, a coupon is free money. If you’d asked me that a couple of years ago, I might have said one of the previous answers. I was too busy and too important to use them. I’m a doctor. We don’t use coupons. Well, I’m also a doctor who spent too much money and got into all kinds of debt. When you use your hard earned money to pay off that debt, something funny happens. You want to keep all of that hard earned money or use it for something you really enjoy. Using coupons to save money can allow you to do just that.

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