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While the financial slowdown is here to stay, it's high time for us to think of saving money! Do all of us save money? The answer is a big NO. Well, the following are few tips that will help you save significant dollars for sure. The following are the few best tips to save money, spend quality time to investigate on this and check where you wrong and save the much needed money without compromising.

Buy Used:

Buying used products will help you to save considerable dollars in every transaction. Saving money is the act of the wise. Typical products; like cars, garden items etc can be bought in used condition.

Budget Properly:

 Budgeting is identifying your needs and financial planning accordingly. This will help save unnecessary spending. Budget is no more a boring thing, it’s a saving tool!

Sell the Unwanted:

The thing you consider unwanted might be the most sought one by someone. Sell those unwanted goods lying around your home and make money and invest it to get more.

No Dining Out:

Eating at home will always be better and is money saving one. This way you will know what is in the food!

Repair:

Replace goods once they stop working, rather repair it. Repair as soon as it stops working as later when the good is expensive even repair costs will go high!

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Are you feeling stuck, in the never ending pitfall of debt accumulation in place of debt elimination? Has your personal wealth building process ceased to exist right now? In simpler words, if you are knee deep in debts, going through an economic hardship, and feeling helpless to manage your due payments, it is a high time you should make a move and bring your financial life back on track. Immediately enroll in a debt reduction plan. If you opt for a suitable debt management plan or a credit counseling program, make sure you are well aware of its pros and cons or else it will make you fall into future debts as well.





It is being found, average people who are saddled with debts, are victim of credit card debts. Usually, the interest charged on a credit card is the highest APR you’re paying in comparison to any other unsecured debts. To slay your loan amount first stop spending with credit cards for everything that you can purchase with cash. Squander money on essential items only. If possible, enroll in 0% balance transfer programs and decline the offers of higher credit limits. By all these strategies you can save more and devote the money to pay off your debts.



A frugal budgeting can also help you to save a lot. While making the budget first enlist your monthly expenses and source of incomes separately, so that you can allocate the appropriate amount to each essential payment. After meeting the minimum expenses like food, gas, rent, utility bills, use the left over money to pay off the highest interest loan payment first. When you stop using your credit cards you'll immediately start to see a reduction in the amount you owe and your monthly bills. This will continue to accelerate even more if you pay more in future.



Start changing your lifestyle if you want to make a better use of your money. Curtail unnecessary expenditures for entertainment, drinking or flaunting. Lead a simpler life, use public transports. If you have private vehicle, then plan your routes to reduce gasoline expenditures and minimize your overall usage to keep maintenance costs as low as possible. If you are able to make a big reduction in your annual mileage you should inform your insurance company as well and seek a reduction in the premium. You should also consider downsizing your living accommodations. Making a move like this you can definitely save in rent, utility bills and home related monthly bills.

Discipline and goal oriented lifestyle are the keys to modify your personal financial management plan which can lead you to transform debt into wealth. Put sincere efforts and be creative to find different ways of savings. Depending on your current financial status it can take a little long to finally get out of debts and to initiate the wealth building process but if you keep your vision of wealth creation intact and remain determined to make it a reality, nothing can hinder you from achieving your financial goal.

By doing the above said, Wealth Creation is all yours and can have financial freedom as well.

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By Allison Linn, senior business writer

                                   

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Prices have gone past the sky and exploring for another sky to go past. With such skyrocketing price rise, it is necessary to realize the importance of saving money. Oh! Yes saving money without sacrifice! When analyzed, we have found out that most people fail to save money where they can. This have prompted us to write this post.

We start this [Save Money] Financial Literacy Series with "savings on grocery bill" as it is THE major and necessary spending made every month. Why spending unnecessarily on grocery and sacrificing other expense. We have the best tips to save on your grocery bills. Here you go...

1. List the items from the "needs to wants". 

Check previously purchased (last month's) grocery items before making the current grocery list.

2. Check the grocery list twice. 

Double check the grocery list. Make sure there is no duplication and unwanted items.
3. Make the Budget. 

4. Target not to go beyond the budget. 

Read the advertisement carefully before heading to...

Most ads will highlight "discount 50 %" which eyewashes the word UPTO before that. Which means that 50 percent discount is offered on purchase of selected products!

6. Check for any pricing/billing errors before leaving.  

Not all stores have same price for all products. (shop more than in one shop)





7. Say bye to supermarket. 

At times supermarkets reduce price of one product and disguisely hike in the other. This in no way will save your money.

Super markets are cleverer than you think they are!

The shelves at eye level are often filled with high priced products! It is upto you to not fall for it! Impulse buying is what they try for and most fall prey for it.

8. Use coupons (if any) to purchase. 

P.S: Make sure that your don't stop at any restuarants after grocery shopping as most people spend nearly 25 percent of the grocery bill in restuarants way back home from shopping! Planning grocery purchase according to the seasons is wise as well. This will save unwanted wastage of gorcery. Or will save unuse or season groceries.

Who is the boss of your grocery bill?

Think Twice, Act Wise :)

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 Gone are those days when people considered business cards, advertising etc. are good and effective marketing technique. There is a paradigm shift in marketing specially for small businesses. Today all companies promise hell a lot, but do they keep up is the million dollar question.

So change your "promise driven strategy" to "execution driven one". 

Because executing the promised will help in retaining existing as well as get new customers. This will create a business value for your business in the industry too.

Review sites are the R&D incubation lab: 

Make the customer feel that they have the real control.. Since they have the ultimate control over your brand and business, focus on them. A single review from a customer in a review site can play a roller-coaster in your business. So have a quick look at review sites about your business and customers review to change or advance in business according to the way they want.

Geo target    under a microscope view have paved way for the new age location based marketing era. Social networking sites plays a vital role in this marketing as it will help in reaching a better target prospect, by knowing their likes, interests. Thereby offers and discounts can be made appropriately. You can never get new customers without satisfying your existing client base.

Word of Mouth advertising is free but it is of THE most value in gaining reputation and goodwill in business world. Word of Mouth advertising have worked for most small businesses success.

Develop a rapport with customers by sending periodic discounts, offers and seasonal greetings. This will not only excites them but also will earn you a respectable brand name in your business.

e-age: 

If you have a website fine, if not establish one. As almost all customers search for products online, by establishing a website for your business you will let the new customers know your presence in the internet world. Even though your customers do not purchase online. Make sure your website is Search Engine Optimized, so that your prospective customers can find you easier.

e-marketing: 

This is one of the effective way of marketing through internet. Every person will check their e-mail atleast once in a day, this addiction will give you an opportunity to reach your customers with your new products and offers. But do remember not to SPAM! A major advantage of this technique is its cost effectiveness.

AD-partnering:

Go for an advertising strategy with similar partnering companies. This strategy is a win-win for both the companies, specially will prove good for small business. This will also be of less cost since cost is shared.

Above all do remember You can't succeed in any business rightaway. If you still follow the same old marketing techniques, your business will be sidelined for sure...

Do understand that "return of customers gives you the return of investment". 

Social Networking sites: 

Social networking sites are truly the virtual meeting place for most people in the world. It has become a part of their lifestyle. Small businesses can easily be marketed with social networking sites. It not only creates awareness among people about your business but also gets you customers, for free! So have a page for your business at social networking sites like Facebook, Twitter, Myspace, Friendster etc...

So focus and have a customer-o-centric strategy to sustain and develop in your small business. 

I end this by challenging the true new talent.  It is time to mold the future.  Let’s change advertising in 2011. Go for either one or combination of these strategies to keep you on the fast track of the new business era.


Good Luck

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      May this New Year bring newly found prosperity, love, happiness and delight in your life

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Earnings :  

Never depend on single income. At least have your income from two sources.

A MULTIPLE INCOME STREAM You may LIKE



Spending : 



If you BUY things you do not need, soon you will SELL things you need.





Savings : 


 Don't save what is left after spending, spend what is left after saving.









Risk : 



Never test the depth of river with both feet.





Investment : 



Don't put all eggs in ONE basket. This is where Portfolio management comes in rescue.






Auditing : 



Beware of little expenses. A small leak can sink a large ship.





Borrowing : 


The borrower becomes the lender's slave






Hard-work : 




All hard work being profit, but mere talk leads only to poverty.






Accounting : 


 Umbrella is of no use if your shoes are leaking







Laziness : 



A sleeping lobster is engulfed by water currents.

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We wish our Blog [Inspired Pragmatism] Visitors and the World a Merry Christmas. In this auspicious occasion we pray to Christ for peace, love and joy for all beings on this planet. Let’s celebrate the unity of life, love and pray for it.
Merry Christmas to you!

“I have shown you in every way by laboring like this, that you must support the weak. And remembering the words of the Lord Jesus, that He said, 'It is more blessed to give than to receive”

~Bible - Acts 20:35.

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 This news is all About AOL. With another fantastic year coming to an end, AOL wrapped up the year with an acquisition. AOL has acquired splash-page start up About.me. The value of the deal is not yet disclosed.

About.me users can customize their profile pages to the color their wish etc. and can connect to and pull in content from other networking sites!

Tony Conrad, the Co-founder writes “We think it’s a huge advantage to become part of a suite of communication (AIM , Aol Mail) and community-driven (Patch, Seed) services. This is truly a win-win for our users, investors, team and Aol.”

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 Bolt Creative's Pocket God the iPhone's largest selling game franchise is making its debut into social network with Facebook.

Notably this app is the first of its kind [iOS App] to reach the 2 million sales. This social network leap of Pocket God is expected to replicate its iOS success.

The fun in Pocket God being able to manipulate your Pygmies with iOS gestures and accelerometer movements. Though this functionality will be lacking in Facebook, still they are expected to have new game mechanics to make it stick.  So lets have our fingers crossed.