Our goal at ESSERLAW is to help you live Debt Free. One way to do that is to take a look at how you are spending your money and see if there is a way to spend a less. We came across a great article on moneynewstalk.com, called 15 Golden Rules to Save on Every Purchase.
All told, the average American household spent $53,495 in 2014, according to the Bureau of Labor Statistics.
While the bulk of that money went for housing, we still spent more than $1,786 on apparel and services, $2,728 on entertainment, and another $2,787 on food away from home. Then there is that mystery category, “all other expenditures,” where we rang up, on average, $3,548.
Wouldn’t it be nice to spend a little less?
1. Never buy new what you can buy used
2. Save big with bulk purchases
3. Tame impulse buys with a list
4. Remember that generics equal more green in your wallet
5. Negotiate for the lowest price
6. Stop being the early adopter
7. Make a habit of sharing purchases
8. Consider whether you can make it or do it yourself
9. Compare, compare, compare
10. Don’t let can’t-miss deals fool you
11. Try doing without
12. Look for a coupon
13. Drop the bottom line with online rewards
14. Use a rewards credit card
15. Only pay cash