Top Ways To Save Money - Separating Your Needs From Wants
Join 1000's of Authors at StreetArticles Today!

Top Ways to Save Money  -  Separating Your Needs From Wants

In today’s sputtering economy, saving money up for a rainy day is becoming an increasingly important financial decision for many people to consider. Unfortunately, our society has largely in part forgotten how to save their money. We live in a world where gratification can be constantly attained so long as you are willing to spend your hard earned cash. In an environment where we are bombarded by people and businesses trying to talk us into spending our money, setting it aside can be a difficult task.

So difficult, in fact, that there exist a whole assortment of so called “strategies” for saving your money. However, saving money all comes down to one single frame of mind—separating needs from wants. If you are serious about saving money (as you should be) then you are going to have to learn to adopt a frugal approach to some of life’s pleasures.

No more stops to a fast food joint to purchase low quality food at an outlandish price.

No more purchasing items out of impulse, or purchasing them just because you have nothing better to do.

No more giving into the pressures of society (or your children, or your spouse, or wherever the pressure is coming from) to spend your money on items you don’t need.

Instead, consider it joy for every dollar that you manage to put away. Whether you open a savings account or start filling a jar full of cash and hiding it away, think of every dollar you manage to save as a miniature accomplishment. In other words, take your pleasure out of saving money rather than spending it. If you can manage to fully adopt this mindset, then saving money will not be so difficult anymore.

In fact, saving money can become every bit as addicting as spending it is. If you’ve ever heard stories of millionaires who refuse to spend a dime then you realize this is true. While there is obviously a fine balance that you will want to find between being lavish and being overly frugal, it won’t hurt you to refuse to spend your money unless absolutely necessary, especially when you are just starting to save.

If you are able to simply make this one, single switch in the way you look at your income, saving money can become second nature to you. And honestly, which would you rather have?—five thousand fast food burgers or a brand new car? If you answered the latter, then it is time to get out and start saving today!


Street Talk

No comments present
You May Also Like
Professionals Can Access Sage In the Cloud Software
Sage accounting software is product popular in the industry. The robust accounting software transforms businesses and helps them to operate the enterprises. Sage software has delivered business transformation for many companies helping them to manage their firm. Sage is an ERP product which is enterprise resource planning software solution which…
By: johabell in  Business  >  Accounting   Jun 07, 2016  
0
  Likes: 0

All Data Of Clients Can Be Hosted on ACT In the Cloud
ACT is customer contact management software which secures all the contact details of a client or a customer in one system. It is convenient approach for users and professional to access all or any single data of a client. The application secures prospective client information in one database and the…
By: Johnson Lee in  Business  >  Accounting   Jun 06, 2016  
0
  Likes: 0

Tax Time, Dandenong Accountant
Tax time is fast approaching! I can hear the dreaded moans already. In Australia, July 1 each year is the beginning of a new financial year. It is the beginning of tax time. Stress levels increase and there is suddenly a mad rush to contact your accountant. The tax landscape…
By: elio scarton in  Business  >  Accounting   Jun 03, 2016  
0
  Likes: 0

For File Return Updates Install Drake Tax App
Drake is tax return filing and processing of the taxes of an enterprise. With drake software the manual system of file return which was paper based has eliminated. The Drake tax software was one of the most successful software for tax management since it arrived in the industry. Tax solution…
By: alainasmith in  Business  >  Accounting   Jun 02, 2016  
0
  Likes: 0

Online Drake Cloud Tax Software Solution for Customers
A tax software application is a suite of tax software functionalities to file the tax returns. Tax filing with the drake software application is the automated solution which is quicker and faster method to process the returns. Bookkeepers and accountants are easily managing multiple customers with this tax application software…
By: johabell in  Business  >  Accounting   May 31, 2016  
0
  Likes: 0

Access Tax Cloud Software to File the Returns
For a business and enterprises, tax filing for the company is very important. An appropriate tax return is important to make a company successful and smoothly functional. Over the years, tax management was operated by accountants and professionals who was done manual. The manual process of tax filing was lengthy…
By: alainasmith in  Business  >  Accounting   May 31, 2016  
0
  Likes: 0

How Accounting Services Help to Reduce Errors?
Accounting is needed by every business to monitor the overall wealth, profitability, and liquidity. Without proper accounting services, organizations will find it difficult to trace the daily and long-term decisions. A trained accountant keeps an eye on the budgets, profit reinvestment, and take wise decisions for company growth and expansion.…
By: Edward Smith4 in  Business  >  Accounting   May 30, 2016  
0
  Likes: 0

Install Drake Tax App for File Return Updates
Drake is tax return filing and processing of the taxes of an enterprise. With drake software the manual system of file return which was paper based has eliminated. The Drake tax software was one of the most successful software for taxation management since it arrived in the industry. Tax solution…
By: Johnson Lee in  Business  >  Accounting   May 30, 2016  
0
  Likes: 0

Secure Online Tax Cloud Hosting Of the Tax Software
For better management of an organization, a business needs accounting softwares solution. As accounting is core need of an enterprise similarly, taxation is the most vital task for a firm. The task management should be done precisely to avoid penalties and make an enterprise management smooth. Taxation softwares solutions are…
By: John Cox in  Business  >  Accounting   May 28, 2016  
0
  Likes: 1

Sage Accounting Cloud for Small And Medium Firms
Sage software applications are robust products to manage enterprises. The automated software solution operates all functionalities of an organization. Every company needs an automated software solution to manage their business and accounting softwares are one of the most required product to manage the enterprise. Precisely when a company has no…
By: johabell in  Business  >  Accounting   May 28, 2016  
0
  Likes: 0

Cloud Based Tax Filing With Lacerte Online
Lacerte is taxation software application software by Intuit which is a global leader in the accounting software solution. This software is dedicated for filing the tax returns and it is a trademark product of Intuit. Lacerte has many features to simplify the tax filing. Any taxation return application is processed…
By: John Cox in  Business  >  Accounting   May 28, 2016  
0
  Likes: 1

Services From Accountants Middlesbrough
Running a business has a wide range of aspects that must be taken care of and you should take the time to find the right solutions for it. Every branch of your company will serve a purpose and you have to be sure you will work with the right people…
By: aby in  Business  >  Accounting   May 28, 2016  
0
  Likes: 0

ERP Online Accounting Software Solution for Smes
For many years the process of company management was done manually by accountants, professionals and CPAs. Since the software products became available in the industry, the company management got simpler. Businesses started embracing software to make their company trade automated. There are numerous benefits of automated software which saves user…
By: John Cox in  Business  >  Accounting   May 28, 2016  
0
  Likes: 1

Sage on the Cloud Accessible on Mobile Or Any Device
Accounting has been a manual task for bookkeepers and accountants. With the Sage software solution, the process of accounting has simplified the business operations and accounting management. Before technology came into effect, the task of accounting was operated manually by the bookkeepers or accountants who were experienced professionals to operate…
By: alainasmith in  Business  >  Accounting   May 28, 2016  
0
  Likes: 0

Sage ACT Hosted is Secure And Reliable Client Information
ACT software is the secret of success to manage clients and customers. It is an agile software application by Sage which was called Peachtree but now officially called Sage ACT. It’s a global contact customer’s management software available for customers. Any business industry can get this software solution hosted for…
By: John Cox in  Business  >  Accounting   May 28, 2016  
0
  Likes: 1

Article Views: 1050    Report this Article