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Wednesday
Jul 23rd

Financial Management Part 4: Finding money to invest takes discipline

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Finding money to invest takes discipline. You must make an assessment of what you currently spend money on if you want to start saving. Take the money spent on food as an example. How do you shop for groceries? The following suggestions will trim hundreds of dollars off of your annual grocery bill. Finding money to invest takes discipline. You must make an assessment of what you currently spend money on if you want to start saving. Take the money spent on food as an example. How do you shop for groceries? The following suggestions will trim hundreds of dollars off of your annual grocery bill. You may do this already and will be able to provide testimony that this works, as well as encourage others to do the same. You would be amazed at the number of people that don't know this.
  • Shop weekly

  • Purchase only the meat that is on sale

  • Purchase canned goods and snacks from the cheaper chain stores

  • Buy cleaning products and detergents from the dollar store

Shopping weekly will allow you to acquire different meats and thus have a larger variety. Grocery stores put different meats on sale weekly. For example, chuck roast normally cost $4.59 a pound. The grocery stores will sell this same meat for $1.57 per pound. Watch advertisements.

Make sure you purchase the sale product. Be careful because regular priced packages will be mixed in with the sale item. Double check the item's unit price before putting it in your basket.

Store your meats in serving portions. In other words, if a whole pork loin is on sale and includes thirty pork chops, put four per package or the number needed to feed your family before you freeze it.

This represents basic fundamental information you should know. Learn how to actively manage your accounts. All graduating seniors entering the work force need this book.

Books can be purchased today at Amazon.com. Website: www.jab401k.com.
 

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