Thursday, September 22, 2016
Robert Gill is the managing director for Epic Wealth Management, LLC, located in Tinton Falls, New Jersey. Working with both businesses and individuals, Robert Gill throughout his career has helped acquire over 300 client portfolios, developing strategies to help those clients achieve financial security. His company is an affiliate of Chelsea Financial Services.
One of the easiest and most obvious ways to start saving toward financial security is simply to waste less money, but it is often easier said than done. Consider eliminating these three money-wasters from your budget – or at least push for a better deal on what you want.
1. The gourmet coffee shop - If you are a regular coffee drinker, the price of your daily premium coffee adds up, and that is assuming all you get is coffee, let alone a $4 bagel or $6 pastry. You do not even need to give up your coffee, just the premium price tag. Brew your coffee at home and save the money you would otherwise spend on this daily money-waster.
2. Bottled water – This is not the only source of drinkable water. Even if you live in an area where the tap water is not safe for drinking, you could buy a reusable filtration system and washable bottle. Both of these investments will eventually pay for themselves and start saving you the money you once spent on bottled water.
3. Cable television, Internet, and phone - Companies that provide these services often offer special discounts at first, but then raise the price after the promotional period. Sometimes, though, all you need to do to get your bill lowered is ask. Don’t be afraid to frame it as though you cannot afford the current service. Your provider might be willing to help in the face of potentially losing a customer.