Save Money for Sunny Days During Recession

Saving money for a sunny day is a positive mindset way of letting your money work for you. Saving money for a rainy day is expecting to save it for a less prosperous reason. A sunny day is saving money for an investment that will bring money back to you. For example; an investment such as a small business, products, service, real estate, a patent, publishing, etc. Also your money can be spent as an investment on self-help products, such as a book that would help you master your craft or skills, in a certain area that will gradually bring money to you.

Saving Money on Coffee

Let's start with morning coffee savings. Buying a regular cup of coffee every morning at the local coffee shop, that's an estimated $5.00 a day for about 5 days a week. Multiplying 5 x 5 that will be $25.00, estimated per work week for coffee spending. This is $1,202.00 a year for a regular cup of coffee. That is a huge amount of money that can be spent on something very useful, other than daily morning coffee.

Saving money can easy; it would probably be better to buy a coffee maker to use every morning. Also get a thermal coffee cup to go along with your new coffee maker and of course the accessories, such as: coffee filters, your favorite flavor of coffee grounds, and dairy creamers. Doing this will definitely help save money, and make a smarter personal spending habit. And since this is a so called recession, we need to be saving money in our personal spending every day.

Saving Money on Cell Phones

Almost everyone these days need a cell phone, it has become a necessity. But buying a cell phone to just have idled talking is something to reconsider, especially if you accidentally go over your minutes. If you’re on a budget, wanting to save money, or in denial of your financial hardships; buying a cell phone on a contract basis is not a good idea. Try to avoid signing cell phone contracts, and wisely get the prepaid cell phones or the unlimited deals that run for $30.00 - $60.00 a month. Also, with the prepaid cell phones you don't have to think about having idle conversations, just to take advantage of all your monthly minutes. Breaking spending habits is not easy, but it can be accomplished, by forming new healthy budgeting habits. And saving money on your personal spending habits wont' happen overnight, it's a daily process.

Fast Food Personal Spending

Saving money on things that you really need is a good idea, and cutting back on fast food eating would surely help. Personal spending habits like buying fast food 5 or more times out of a week will eventually show in your lack of funds. When saving money on fast food spending, you would have to maybe just eat out about once a week. This will help in saving money, on yet again another bad habit spending. To change bad spending habits into good spending habits, simply could actually happen overnight, with learning to just spend on necessities. One way is just try renewing your mind to open positive suggestions, such as reading this article.

Saving Money on Electric Bill

Basically, unplug cords that are not in use, such as:

• Cell phone charger,
• DVD Players Televisions
• Computers
• Printer
• Lamps
• Etc.

Unplugging cords out of the walls that are not in use, can really help save on you electric bill. When your electrical cords are still plugged in the wall socket, and not in use, there is still energy being pulled from the electrical cords. And your electric meter will be slowly rolling up more money for you to spend. If we all start saving money in one or more areas in our personal spending habits, we would be surprised how much we can save for a rainy day.

Oh, you ask what saving for a rainy day is? Yea let me tell you, it's a phrase my elders use to say. A sunny day is saving money for an investment that will bring money back to you. An investment such as a small business, products, service, real estate, etc. when you really need it for something important. These days the majority of us do not know how to save, or even know why we should save. Saving money could help us not to borrow money.

Using credit cards is a form of borrowing, but in the worse way, because there is an average daily balance, interest, and other fees attached. Credit card use has been glorified on television; it's really for the very wealthy people to use. Admitting that we have a habit of terrible spending habits is the first large step, and getting knowledgeable assistance in that area. Common sense is telling us that credit cards are just for extreme emergencies only, but we use the cards for things we want and really don't need.

People that are really serious about saving money in this time of a so called recession; would practice good personal spending habits every day.