A controlled impulse can save thousands!
Of all the peace in the world, financial peace is the most relaxed emotion one can ever have after all the crisis. Life becomes very pathetic when all the earnings are displaced to paying bills and other unexpected things. A well-planned and disciplinal action is the key to huge savings. The secret to financial peace is not to run on impulse. Avoid every purchase propelled by the urge to buy.
Do not buy new car when the old car is in good condition. Avoid financing your second vehicle when the loan on first vehicle is still pending.
Take out some time to hunt for an insurance company, which is offering lowest rates in the market. Bargain for the best possible package.
Limit the frequency of eating out. Place an order for just the quantity you want to eat. This way you will not shell out on unwanted food. Use your food coupons wisely.
Do not shop for the sake of shopping. Shop only if you find necessary to buy certain things. List out the ongoing sales in your city and compare the prices. Do not just go for trendy things, which do not suit you. Yearend sales are the best one to opt for.
Save on fuel by opting public transportation wherever necessary. Use bicycle for short distances or go walking if its walk able. This saves on your fuel and is good for your health too.
Regulate your thermostat according to the season. This will save on your electricity bill. Turn off the power point when the gadgets are not in use. Avoid the use of hot water when cold water can suffice the need.
Do not purchase books or magazines when they are available at your local library or on the internet. Alternatively, you can buy second hand books if you really want to own one. Go for low budget picnics or hiking for recreation instead of extravagant vacations.
By following the above basic things, you can effectively save thousands of dollars and can have your mental peace intact.