Money $aving Strategies

1. Track spending and evaluate results. By tracking your spending habits, you'll get an idea of where you spend your money. By evaluating the results, you can see if you're using money for things that aren't really necessary. For example, do your monthly membership fees go to a gym you never have time to visit? Do you buy coffee every morning when it's available in your office for free? Look at all the places where you can save money; even small outlays can add up.

2. Pay yourself first. This idea is certainly not new, but it's a strategy that starts a consistent savings program. Unless your entire paycheck is earmarked for monthly bills and necessities, you should be able to put money into savings every month. If you get a raise, add that money to what you're putting aside.

3. Company savings plans. Many companies offer 401(k) plans. Take advantage of them. If one isn't available, open an IRA. Use direct deposit for these retirement savings accounts so you're not tempted to spend the money elsewhere.

4. Forget the plastic. Limit yourself to one or two credit cards with the best rates, and use them for only major purchases or emergencies. Also, pay off your credit card balances monthly.

5. Learn how to shop. The Internet provides a very easy way to compare prices. Look for lower prices, discounts, sales, and coupons. Check out price comparison Web sites, such as AllBusiness.com, Shopping.com, and BizRate.com. Avoid paying surcharges, late fees, and other fees for convenience. Shop from lists rather than browsing the aisles, and establish a firm "no impulse buy" policy.

6. Look to save on your home. Look for lower mortgage rates and refinance. Also, while paying off your home mortgage each month, round up. You can pay off the loan a little faster, and save a surprisingly high amount of the interest over time.

7. Save on utilities. Review the offers from competing phone and electric companies. Look for energy-saving appliances, and save some money by opening windows when it's warm, and using a second blanket when it's cold.

8. Be car smart. Find a mechanic you can trust before paying big bucks for unnecessary repairs. Don't buy a second or third car that will hardly be used or will sit at the train station. Look for lower gas prices in your neighborhood, and keep your engine tuned, trunk uncluttered, and tires properly inflated to save on gas.

9. Get everyone onboard. Discuss ways of saving money and establishing good spending habits with everyone in your household.

10. Read the fine print. Review your bills carefully, including your credit card statements. Errors in billing cost customers millions of dollars each year. Also, in this new age of warranties included with every major purchase, read the fine print carefully, and buy only what will be valuable for those products most likely to need service.

Article extracted from HERE. Sorry lar... I was too lazy to think of what to write okay??? So, mai copy and paste lor~

After reading the article, I think I really need to get myself moving and start saving for my future:

• First, I should STOP thinking of what I should tumpang WH to buy in the US.
• Secondly, I should not indulge in Starbucks/Coffee Bean/Old Town wtf (you must be saying: "What? Old Town also cannot ar?"). Of course lar, let me calculate for you: one Old Town White Coffee ice is about RM3.50. IF you buy Old Town instant coffee pack of 15 sachets for RM10.99 (aim for promotion lah!), actually one cup that you make actually cost you around RM0.75! Hooray... you save more than 200%!
  
• Third: wait until something really broken, then only buy new one to replace. (I am waiting for my current cellphone to be completely dead!)
  
• Fourthly, be very VERY stingy and be like those aunties. Put on your thickest face and ASK FOR MORE DISCOUNTS!
  
• Fifth - do not throw away your 1 cents! Although 1 cents not valid for transactions anymore, BUT, don't forget that 1 cents is made of chrome! Keep it and sell it off to kedai besi buruk wtf! The value of chrome for 1 syiling is HIGHER than the value of the cent.
• Sixth - Pump petrol in the NIGHT! Let me refresh your Form 3 Science: when there are heat, petrol will mengembang and when weather is cool, petrol will mengecut. So, when you pump during the scorching day (you pump in kembang punya petrol), and then petrol will mengecut in the night, causing you to GAIN LESS of what you paid.

  

I'm watching Malaysian Dreamgirl (MDG) now... It's the most ridiculous reality show I have ever watched lor!

The only Dreamgirl material is Jay (although she looks like Thailand sexy transsexual), but I love her posing, love her style, love her unique facial features (compared with other Dreamgirls! Others were like petite (she's from Seremban okay?), with braces, ah-lian looking with bad English, some with a mouth SO BIG, it can fit a whole Hup Seng cream crackers into it! OMG~ There's one with Shin Chan eyebrows (so thick, you can hardly imagine how come she got through top 12 wtf?!?), and one who acted so angelic and innocent looking, but actually, she's a bimbo, bitch in disguise! Muahahahaa...

Eww... super sien show. But hey~ give some credit to it lar! After all, it's a all-Malaysian-made reality show. Sien sien sien~~~