Here are my Top 7 Tips Lists for * OverHalling * Seven Financial
Areas of Your Life:
Top 7 Tips for * OverHalling * Your Food Purchases 1. Use a
master grocery list 2. Make your morning drink at home 3. Stop
snacking from vending machines 4. Carry your own snacks, celery
sticks, carrots, broccoli spears, fresh fruit, pop corn 5. Pack
your lunch 6. STOP eating out 7. Only use coupons for the
products you normally buy
Richard Carlson, Ph.D. gave this wonderful example on how much
you can save by taking your lunch to work with you in Don’t
Worry, Make Money, “For example, if you stayed on the job for
thirty years and substituted a $2 lunch for a $7.50 lunch at a
local restaurant, the $5.50-per-day savings deposited in an
investment club earning 8 percent over thirty years would amount
to around $100,000.”
That’s being conservative!
Top 7 Tips for * OverHalling * Your Transportation Costs 1. Find
the lowest priced gas station for your gasoline needs 2. Plan
and map out your errands 3. Walk 4. Ride a bike 5. Public
transportation 6. Car pool 7. Errand exchange with a neighbor,
worker, friend, or relative
You can find the lowest gas prices in your neighbor, if someone
has reported in, at http://www.gasprices.com
Top 7 Tips for * OverHalling * Your Reading Costs 1. Go to the
library 2. Find and use a used bookstore 3. Find it on the
Internet 4. Borrow from friend or relative 5. Co-op on
subscriptions and book clubs 6. Listen to audio tapes that you
get FREE at the library 7. Read book reviews first!
Top 7 Tips for * OverHalling * Your Auto Expenses 1. Learn to
and do your own oil and filter change 2. Keep you car maintained
3. Drop collision and comprehension if your car is paid off 4.
Sell your car if the payments are too much and purchase a good,
reliable used car 5. Pay off your car loan with a home equity
loan and now that once car payment is tax deductible! 6. Change
your deductible on auto insurance to as high as you can afford;
your insurance premiums will be less 7. Maintain tire pressure
and drive the speed limit
Top 7 Tips for * OverHalling * Your Banking Expenses 1. Find out
what fees/rates your bank is charging you 2. Find and get the
lowest fees/rates 3. Check out online banking 4. Switch to a
credit union 5. Reconcile your checkbook every month (toss out
the bank statement afterwards…you DO NOT need to keep it) 6.
Don’t bounce checks 7. Buy checks through a check company NOT
your bank
Top 7 Tips for * OverHalling Your Mortgage Expenses 1. Find and
GET the lowest interest rate 2. Pay your monthly payment in two
week intervals 3. Switch from adjustable to an ARM 4. Drop your
PMI (Private Mortgage Insurance) if you have at least 20% equity
in your home 5. Pay a little extra on the principle each month
or whenever you have extra money (make sure you tell the
mortgage company the extra is to be applied to your PRINCIPLE
only) 6. Pay a little extra on the principle each month (needed
to be said again!) 7. Check into changing your mortgage from a
30 year to 20 or 15 year loan
Top 7 Tips for * OverHalling Your Credit Card Expenses 1. Use
only ONE major credit card per person/family (cuts down on
paper, tracking expenses, and bills) 2. Get rid of high interest
rate major credit and department store cards 3. Get rid of cards
that require you to pay an annual fee 4. Check for additional
fees, such as transaction fees, late fees, over-limit fees 5.
Charge ONLY what you can pay off monthly 6. Prepay before you
charge, such as vacations and holidays 7. Pay on time. Don’t put
the bill in a pile, pay immediately or put with the rest of your
monthly bills
Smiles, not Piles, Janet L. Hall
The Organizing Wizard, Janet L. Hall, is a Professional
Organizer, Speaker, and Author. She is the owner of OverHall
Consulting, and Organizing By Phone. Subscribe to her FREE
organizing newsletter at http://www.overhall.com/newsletter.htm
or visit her web site at http://www.overhall.com
Copyright ( c ) 1999, 2000, 2001 by OverHall Consulting P.O. Box
263, Port Republic, MD 20676 All Rights Reserved. Permission is
granted to reproduce, copy, or distribute so long as article is
kept intact, this copyright notice and full information about
contacting the author is attached.
About the author:
The Organizing Wizard, Janet L. Hall, is a Professional
Organizer, Speaker, and Author. She is the owner of OverHall
Consulting, and Organizing By Phone. Subscribe to her FREE
organizing newsletter at http://www.overhall.com/newsletter.htm
or visit her web site at http://www.overhall.com
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