How To Save Money While Living Well

Times are tough for just about everybody. Who would've thought that the recession that started towards the end of 2008 would still be going so strong well into 2010? Times like these make it more important than ever to spend as little money as possible... fortunately you can do that while still living very well and that's what I like to talk about in this article today by giving you several tips that you can use to do this fairly easily.

The first rule when it comes to spending less money while living well is to avoid taking on debt if at all possible. It's much easier to live well on less money if most of your paycheck doesn't go to pay off old credit cards and other debts each month. For convenience, you may use a credit card to purchase groceries and gas for your car and other essentials, as long as you pay off the balance in full each month. Otherwise stay away from credit cards as well.

Next you should find ways to save money on entertainment. This can be as simple as a change in mindset from spending a ton of money going out to dinner and seeing a movie to renting movies and staying at home. One fun way to save money is to invite a group of friends over for a potluck dinner where everybody brings a food dish. This can be much less expensive than going out to dinner and just as much fun or even a little more fun!

Another tip is to purchase groceries every two weeks instead of every week. If you only shop every two weeks, you will cut down on the amount of impulse buys you purchase. To do that you have to buy in bulk which will further reduce your costs because bulk is always cheaper. You may have to pop in every week or so to pick up a few perishables but other than that stay out of the grocery store.

Finally another great tip for spending less money while living well is to build a gift list for all the people you purchase gifts for throughout the year and then buying all of the presents on sale as they come up on sale throughout the year. This will allow you to save a ton of money on gifts and also make sure that you always have a present when needed and never forget anyone's birthday or special occasion.

So there you have several very simple tips that will allow just about anybody to save a ton of money but at the same time live well, in some cases very well which is one of the most important things. You don't have to spend a ton of money to live the good life anymore and hopefully these tips will get you started down the right path.

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