Читать книгу Family Financial Freedom - Floyd Saunders - Страница 15

Do You Have Problems

After you have completed your Net Worth and Budget Planners, (using one of the online sources I mentioned or a spreadsheet or even just a few sheets of paper, print out a copy and look for areas you may want to change. If necessary, review everything with a trusted friend, family member or financial planner. Perhaps your net worth planner will show that your liabilities are growing faster than your assets, or that you need to place more dollars in savings and investments that provide for growth.

CUTTING COSTS

There are many ways to reduce costs without dramatically changing your lifestyle. Here are a few cost-savings methods that you will want to consider as you plan for your financial freedom.

 Refinancing your mortgage to get a lower rate

 Cutting utilities costs through more efficient use

 Comparison shopping for things you need

 Saving up for major purchases and paying cash rather than using a credit card

 Buying in bulk or at wholesale whenever possible

 Buying cheaper term life insurance, and/or getting your life, auto, and home insurance from the same source for the multiple discounts

 Cutting health cost by practicing preventive medicine, eating properly and getting exercise.