Wednesday, July 16, 2008

Tips To Save Money During Recession - Tip#13 - 14

Tip#13 - Saving Attitude

Good money management is an acquired skill or habit. Human being is a creature of habit. As you go along to build your saving habit, you need to have a determining and positive attitude which is critical to keep you and family heading to the right direction. If you think you can not save, then, you probably can not. If you think you can, you can. Either way you are right.

So, be determined and stay positive to saving.


Tip#14 - Need vs Nice To Have

When going for shopping, make sure that the thing you want to spend on is a "need" and not a "nice to have" nor a "want". Sometimes, this can seem like a fine gray line between a "need" vs a "want". However, if you stick to the need list, you will eventually spend less and cut down a lot of things which is nice to have and not necessity.