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List: 21 Ideas to Save Money March 19, 2006

  1. Pay yourself first.
  2. Save as much as you can when you are young.
  3. It’s okay to have money in the bank.
  4. Don’t borrow your own money and pay someone else the interest.
  5. The people that are impressed with what you have today, won’t be impressed when you live on the street during retirement.
  6. Don’t buy brand new cars.
  7. Coupons are a good thing.
  8. Saving $5.00 on a $100 item is exactly the same as saving $5 on a $6 item. It’s $5.
  9. Compound interest only works if you actually save money.
  10. Making money while you sleep is far better than making money while you are awake.
  11. We create the situations we are in.
  12. Set yourself up for success. No one will do it for you.
  13. Buy things that appreciate.
  14. Everyone can join a credit union.
  15. There are a ton of things in life that are FREE.
  16. Don’t wait until tomorrow to start saving. Tomorrow is always tomorrow.
  17. Never pay retail. NEVER.
  18. Where there’s a deal, there’s a better deal.
  19. Own your money, don’t let your money own you.
  20. Most of the people that you think have money, have debt.
  21. If you don’t ask, the guaranteed answer is no.