9.03.2009

How to increase your cashflow by $500/month! Money saving tips



Posted: 03 Sep 2009 07:45 AM PDT

There are two ways to boost your personal cash flow -- increase your income or reduce your spending. The former can be a challenge but the latter doesn't have to be.
The headline of the above video -- "Cut Your Spending By $500 Per Month" -- is somewhat sensational but the advice given during the video is spot-on.
From NBC's The Today Show, the 5-minute piece offers a half-dozen ways to reduce your cash outflows each month, including:
  • How to negotiate a lower credit card interest rate
  • Why it's important to go grocery shopping with "a list"
  • How to "time" certain purchases like tires, linens, and clothing
It also covers saving money on a family pet.
It's often easier to save money than to make money. This video shows how easy it can be.
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