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How To Save Money!

Posted by North Eastern Group Realty on January 31, 2019
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We’ve all been there, saving money is hard! here are some easy ways to save money!

1. Stop Collecting, and start selling!

There was a time when people thought their collections would bring them riches. Beanie Babies, for example. Now you can find those items on resale sites like Craigslist and at garage sales for a fraction of their initial cost, leaving many people who sunk thousands of dollars into their “investments” wondering what happened.

If you want to avoid that situation, don’t collect items of questionable value. And if you want to recoup some of the money you’ve already spent on collectible items, you can start selling them now and use those funds for any number of worthy financial goals.

2. Make your own gifts instead of buying stuff from the store.

If you want to save money while also giving generously, creating your own gifts is one way to accomplish both goals. You can make, candles, fresh-baked bread or cookies, soap, and all kinds of other things at home quite easily and inexpensively.

These make spectacular gifts for others they involve your personal touch, quite often they’re consumable, meaning they don’t wind up filling someone’s closet with stuff!

3. 30 Day Rule.

Avoiding instant gratification is one of the most important things when it comes to saving money, and waiting 30 days to decide on a purchase is an excellent way to implement that rule.

Quite often, after a month has passed, you’ll find that the urge to buy has passed as well, and you’ll have saved yourself some money simply by waiting. If you’re on the fence about a purchase anyway, waiting a while can give you a better perspective on whether it’s truly worth the money.

4.  Get Rid of Old Clothes!

Go through your closets and find anything and everything you no longer use. Then, don’t just get rid of it, use it to your benefit.

You can hold a yard sale, sell it on Mercari or Poshmark, take it to a Platos closet or a Goodwill! All of these options can turn old stuff you don’t want anymore into money in your pocket. Not only that, it’s often a psychological load off your mind to clean out your closets.

5. Avoid stress and impulse buying.

It’s easy to justify spending money just to wind down from a stressful day at work. However, it’s rarely a good idea. Instead of buying things you don’t need to make yourself feel better, it might be wise to find other ways to de-stress instead.

Exercise, meditation and even a good old-fashioned nap. Read, watch movies, or work in your yard if you’re stressed out. Spending money won’t reduce your stress, if anything it will cause more stress.

Saving money is hard, but with these simple tips and tricks we hope you can start saving money!

At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne Realtor, visit our website at NorthEasternGroup.com

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, In 46845

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