- Personal Finance
How To Help Your Wallet and Avoid That Ellipctical Gym machine
How can we save money on an everyday basis? Here are some extra tips that won't hurt anyone. Hopefully you can cut costs without clipping your lifestyle and improve it. Here are some smart saving tips that will deliver greater health and thorough happiness along with your economy.
Make Most Meals at Home
Preparing your own meals can save you tons. 5 Big Macs meals could cost a family of five 35 dollars, just to get over with lunch, but what about Dinner? Just think of the wonders you can save around that waistline as well. Financial planner honchos from Derrick Kinney and associates estimates that a single person waste:
$2 for that coffee to wake you up completely
$5 to $10 for that lunch
$2 for the snacks at the vending machine
$10 to $20 for dinner
Add the free bonus of sodium, bad fats and sugar. So in the end your wallet and your health are at stake.
A family experience at the kitchen is extremely rewarding and the connection can last for years to come. "I remember when my mom used to..."
ESTIMATED ANNUAL SAVINGS: $4,200 TO $5000
Yep! Drop that Gym Membership
Joining that Gym at the end of the year may seem like a great investment, but just think about it. The catchy add that got you involved, was made by financial consultants along with media specialists. The need is created (instilled) by these great athletes and Gym owners. Average monthly plans might range from $40 TO $70 and barely or rarely goes unused. Researchers from Stanford and U.C. Berkeley discovered that the average member start dropping the frequency and routines at the gym. Some look for silly excuses that make no sense at all. At the end, the 'average Joe' will show up 5 times in a month. So your $19,99 try-out membership went down the drain. We obviously left aside that personal trainer... unless you are 'Beyonce' or 'JLo'
Instead of shelling out that green cash to rush to that gym and fight over elliptical machines toss that great deal of a membership and use easier alternatives. A daily 30 minutes walk burns 55 to 200 calories, depending on your pace and commitment. Local libraries are full of resourceful DVD's Even online you can follow some well know trainers through YouTube or dedicated websites.
ESTIMATED ANNUAL SAVINGS: $500 TO $775
Consider Switching to Natural Cleaning Products
Believe it or not white vinegar and baking soda can make wonders when it comes to clean that bathroom. The fizzy combination helps to scrub that grime off bathroom and kitchen surfaces and even unclog drains. If grandma did it, why not us?
Household cleaners average cost can go from $ 5 to $7 at you local Depot. Not only that; breathing in harsh chemicals compounds like ammonia and chlorine can lead to nose and throat irritation ans severe headaches. Seems that doctors avoid these tips in order to keep their practice and their pockets at safe levels.
Vinegar by itself is an excellent glass cleaner, and baking soda can be a substitute for expensive fabric softeners. Going natural, or greener can make a difference in your family health, the environment and your pocket.
ESTIMATED ANNUAL SAVINGS $120 TO $300
DOCTOR VISIT SAVINGS: PRICELESS
Limit Alcohol and Sweet Drinks
This is a budget buster. Some families are traditional drinkers and we don't blame them. Alcohol and sweet drinks put a great strain on our health and our economy. Our average citizen drinks 1,000 pints of beer each year according to the World Health Organization, which is already above health recommendations stated by our CDC (Center for Disease Control and Prevention) If a male goes over two drinks a day,(and a woman that single drink) He/she is unknowingly endangering his/her life: Breast cancer, colon cancer and high blood pressure skyrockets according to Dr. Ann Kulze.
Drinking socially adds up quickly. If you just buy two drinks on a weekend at your local bar, you are talking about adding 29,000 calories on yourself annually. The price tag can range from $800 to $1200 aside from gas, toll and maybe parking expenses. We know some folks are entitled to a rewarding drink with a nice date, and we are not pushing the matter on anyone. Drink and drive cannot go hand in hand, and we cannot stop emphasizing in the risks associated with heavy drinking. Why do you have to pay more for sweet beverages and toxic alcohols? Seems that the beverage and drinking industry want a share of your 401k and your IRA. Some companies (and Hospitals) are making money on overweight citizens and their health issues, and we don't have Captain America or Batman to save us from evil. Superman has just left the office.
ESTIMATED ANNUAL SAVINGS, ROUGHLY: $800 TO $1400
Keep Your Car In Good Shape
Avoid getting stuck on a Highway and check your oil regularly. Save on gas by checking those tire pressures. 75 cents every two weeks, will save you those extra 10 bucks. Local car supplies can recharge your battery while you get that wrench for a house project. Batteries can last around five year, so just be on the safe side.
Do not get gas from twelve noon to 5 p.m. part of it will evaporate before use. Sooner or later that alternator will give up on you. So we recommend you to watch videos on how to change them yourself. Most mechanics will fix your car for the 3 months average. They studied hard at that 'L-Tech' and might need you to help them to pay their loan without asking you. Just watch for that screw driver that quickly will be inserted on a strategic corner on your radiator. We know them so well.
ANNUAL SAVING BY PREVENTING MEASURES: $2,000 TO $3,500
Convert to A Biweekly Mortgage Payment
Money expert Farnoosh Torabi claims that one of the simplest ways to save tens of thousands in the long run is to pay your mortgage every two weeks rather than just once a month. That insignificant change reduces the principal faster and consequently adds one extra payment each year. Loaners get their investment fast and reinvest it again. This puts you ahead as a financial role model. Finally, the savings can be reinvest into the health and happiness of your loved ones.