4 Best Ways to Save Money...all no-brainers

4 Best ways to Save Money

If you want to retire and do not want to work fulltime (an oxymoron) you need to make sure you know the 4 best ways to save money...these are all easy...these are all essential to enjoying retirement.

No matter what your age, whether retired or planning to retire...these 4 areas will help you increase the number of retirement options available to you.

These are the things to do before you look at the option of overseas retirement...it is much cheaper to live overseas than here, but it is nice to have the option to retire in the US as well.

No credit card debt

Credit card companies charge rates that would make Al Capone blush...the average American family owes $8,000 in credit card debt. If you do not eliminate this debt, at say 18%, how are you going to build a retirement nestegg, when interest rates on savings are 1%...answer you can't...get rid of them.

No you don't buy something you can't pay for...no matter how much you think you are entitled. This is retirement enemy number one.

Use public facilities that are free

I love going to Barnes and Noble...I never buy anything...but I enjoy reading the magazines, etc. I have friends that have the latest books at home...I read the same books but I get them free from the library.

Most folks look down their nose at public transportation...we took the bus for 8 years in the Caribbean...no gas, no oil, no insurance, no maintenance. Look and see how you can cut down your expenses by using things that are free or low cost and available to everyone.

Eat at home

Not only much cheaper, it is much healthier...which compounds your savings. Avoid fast food like the plague...bring a sack lunch...pack food and drink in a cooler on trips...you will then be traveling more efficient, stopping only for fuel and to stretch.

Why more folks don't cook for themselves is a mystery...you leave a lot of money on the table when you go out to eat.

Use coupons for groceries

My bride uses coupons for 90% of all items purchased at the store. It has been a way of life for all 35 years of marraige...if you do not use them start today...there is gold in your paper on Sundays and Wednesdays, pick it up!

Do not see coupons for something you want email the company an dask for them...they will send them to you everytime. Here is a link to the Coupon Queen...get started today.

Conclusion

The 4 best ways to save money will increase your retirement options by reducing your expenses. Now is the time to form good habits that will carry over into retirement.

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