Don’t Flush Your Hard Earned Money Down the Drain – How would you like to reduce your water bill. Do you find that it’s just one more of those bills that adds up and catches you by surprise every month? Once you’ve set up your budget and are looking for more ways to reduce the total in the expense column, you will have to learn how to manage money more efficiently in areas of household utilities. If you haven’t set up a budget yet, I will remind you again to make sure you find a good tool to help you with it online or in our resource link. Here are the three most obvious tips to reduce your water bill.
Reduce Your Toilet’s Water Usage – Your toilet uses approximately 30% of your household water usage. Before the 1950s, toilets used 7 gallons per flush. By 1970, 5.5 gallons per flush, 3.5 gallons in the 80s.Today, a new toilet uses no more than Read the rest of this entry
Don’t flush your hard earn money down the drain. Household expenses can really eat away at your personal budget. Before becoming a personal financial consultant, I was never really good at taking control of my utility bills. I’m going to go over a few general tips on how to save on household utility costs that I found helpful when I learned how to manage money. My first step was to develop a comprehensive budget. If the expenses were over what they should have been based on my income, I worked to reduce them. You should do a budget as well, as a first step in your quest to learn how to manage money.
The Four Major Household Utility Expenses
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Written by Gary Foreman
The Dollar Stretcher Blog
Surfacing this time of year are all kinds of forecasters, prognosticators and swamis. The temptation to join them is too much. But, in the interest of trying something a little different we’ll forecast things that will NOT happen in 2010.
The credit card company will not lower the interest rate they’re charging on your balance this year. Even though other interest rates are near record lows. New laws make it harder for them to raise rates on troubled accounts. So they’ll protect their profits. It will be harder to get a rate decrease even if you deserve it. So, if you get an unsolicited letter from your credit card company offering to lower your rate, check your calendar. It could be April fool’s day.
You will not win the lottery. OK, it’s possible that one or two of you might win a sizable prize. But, this prediction will be right for almost every reader. If you doubt it, check the odds on winning the lotto game you play (how many decimal places can you count?). So, if you quit playing you’ll be ahead of the game in 2010. In fact, you could be the real winner.
Contrary to a popular request, your savings account will not grow magically. Unless you put money into savings and leave it there to accumulate interest, the amount that you have in savings will not increase this year. Feel free to make me a liar by regularly depositing money into your account. I’d be happy to have you challenge my forecasting ability when you tell me how much larger your account is.
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