5) I will not use my credit card at an ATM or a bank for a cash advance.

Cash advances on credit cards are assessed special fees and higher interest rates than what you pay for purchases made with your credit card. Creditors apply majority of your monthly payment to your purchase debt rather than cash advance debt which increases overall amount of interest you’ll pay to your creditor.

6) I will spend my money sensibly.

Using your budget, you may find that you’re spending a good chunk of your income on discretionary items: morning coffee and donut, a weekly magazine, fast food lunches, etc. Each purchase seems like a small amount of money at time, maybe $3-5. But these small purchases add up quickly and amount to hundreds of dollars a year. Ask yourself if you really need these items and reduce your amount of discretionary spending. Use your savings to pay down credit card debt.

7) I will live within my means.

Are you an impulse buyer? Do you use your credit cards to supplement your income? Do you feel need to have latest fashions, cars, stereos, etc.? If you answered yes to any of these questions, chances are good that you are overspending. And overspending means more debt - debt that will keep you from achieving your financial goals.

It's disorganized people who are always saying at end of day: "I seem to work so hard but get very little done!" Of course! You spent entire day looking for Scotch tape!

The fact is, time is money. The more time you spend unproductively, less time you are earning money. Clean up your office. Organize your tool shed. Get your bookwork organized. Think of every minute saved as a buck in your pocket.   Amazing Money Tip #8

Make your own daily top 10 list. Speaking of getting organized, you should sit down every morning with your cup of coffee and list top 10 things you would like to get done that day. Then organize them in priority of importance. Start at item #1 and go down list as fast as you can.

Make no doubt about it - this is a powerful way to get work done. It will put hoards of cash in your pocket. The reason is that making money is all about movement - forward movement. As famous novelist Ayn Rand told us, in a capitalist society most important things a person can do is move forward every day!

Having a top ten list will ensure that you accomplish something every day. You may not get through whole list every day, nor should you necessarily try. Just do your best. At end of day, you should be able to look at your list with pride, examine scratched off items and say: "That's what I got done today! I did something to better my life and create wealth!"

Again, this method has been used by a majority of most wealthy and successful people in history. Shouldn't you join club?

The next of 11 best money saving ideas of all time will be discussed in part 4. Until then, take note of what you have learned so far and put this information to good use. Read and reread this article; I bet you will notice a difference sooner than you think.

Copyright © by Palyn Peterson mailto:palyn@futureinternetmarketing.com