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Home » Simple Tips on How to Save More Money

Simple Tips on How to Save More Money

Save More Money

Saving money isn't a skill we're born with, it's one that we have to learn. Here at The Fortunate Investor, we believe that a key facet of wealth building is knowing how to save money, and why it's important to start now. Wondering how to save more money on a tight budget? Need tips to save money for a family? Want ot know how to save more money and spend less so you can put funds aside for investments or retirement? Whether you're a millennial looking to take control of your finances, a small business owner searching for creative ways to save money for your company, or you're starting to think about planning for your retirement, you'll find the information you need here in our 'Save More Money' article archive.

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How to Save More Money Fast

Sometimes you need access to fast cash - but you don't want to have to rely on credit cards or bank loans when you're in a pinch. Know how to save money quickly first - so you can build an emergency fund for life's unexpected events.

Topics:

    • How to Become An Extreme Couponer
    • 9 No Spend Challenges Worth Doing

save money

How to Save Money Each Month

Budgeting, Couponing, avoiding the attraction of 'Lifestyle Inflation' - discover our money saving tips that will help you put a little extra cash aside each month, spend smarter and learn valuable money lessons for any age.

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    • My Wife and I Don’t Use a Budget – You Might Not Have to Use One Either
    • 5 Biases and Fallacies that Make Us Terrible With Money

Saving Money Tips for Parents

What are the best ways to save money as a family? As parents ourselves, we know how important it is to start teaching your children about the value of money at an early age. We're sharing our tips on how and when to start talking with your kids about money basics like saving and budgeting. We also cover topics like the do's and don'ts of allowances, how to send your child to college without risking your retirement and the ABCs of investing for millennials.

    • How To Buy A Car For A Growing Family

All Articles

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Are you up to your ears in high-rate credit card debt? Don't worry; there is a way out! Here are 7 smart tips for getting out of credit card debt fast. Does the thought of checking out your credit score make you want to scream? Credit cards are a great way to lessen that anxiety. Like all good things though, as quick as it can help, it can also destroy if you don't pay on them. Once you pile on the credit card debt, it can be a challenge to get out. Don't let this discourage you. There are a few ways to save yourself from drowning in numbers. Here are a few tips on getting rid of credit card debt and claiming your life back. 1. Stop Using Your Card If you know for a fact that you have terrible spending habits, hide your card from yourself before you sink too far into the pit. You can cut it up, lock it in a safe and lose the code, package it in duct tape and bury it in the backyard, use a wood chipper, the options are endless as long as it is out of your hands. 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Make sure you continue making minimum payments on them after so you don't find yourself drowning again. 4. Try to Get a Lower Interest Rate Not all credit card companies will be agreeable about giving you a lower interest rate, but it never hurts to try for the sake of getting lower payments. Sharpen up your negotiation skills by using any kind of leverage you can to get them to work with you. Bringing up how long you've been with them or your good standing up to this point might get them to budge a bit in your favor. If they are completely unagreeable, then transferring your debt to a new, lower-rate card might be an option, or you can take out a personal loan. Personal loans can be a little harder to get, but you'll find that if you can get one to pay off your debt, the interest rate is usually way lower than your credit card one. Eventually, the loan will replace your credit card debt with an installment loan. Believe it or not, this will actually look better on your credit. 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