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how to save in financial crisis

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Step 1 One of the best ways to save money is to put 5% to 10% of your net income into the bank. Most people already have this padding in their budget which gets spent on Starbucks or getting snacks from the vending machine. If you put that automatically into a low risk savings account, it will begin to add up fast

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Page 1: how to save in financial crisis
Page 2: how to save in financial crisis

Since we don’t know how long an economic crisis will last, it is important to know the best ways to savemoney so that in the event of a financial

emergency we will have money at our expense. So many people have become comfortable with the

idea that they can just take out a second mortgage or get another job. These things are not easily attainable during economic crisis. Here are

some things you can do in or out of a crisis in order to save money on bills and prepare by

puting money in the bank.

Page 3: how to save in financial crisis

Step 1

One of the best ways to save money is to put 5% to 10% of your net income into the

bank. Most people already have this padding in their budget which gets spent on

Starbucks or getting snacks from the vending machine. If you put that

automatically into a low risk savings account, it will begin to add up

fast

Page 4: how to save in financial crisis

Step 2Blogging or writing is a great way to

make money. When there is an economic crisis, people are more willing to learn the

best ways to do things so they spend more time on the internet reading about it. Start a blog or join a community such

as this one, where you can write and make a part of the ad revenue for the site. All of this is supplemental income

and can easily be put into a savings account.

Page 5: how to save in financial crisis

Step 3

A spare change jar seems ridiculous and childish, but if done right, can be one of the best ways to save money.

Instead of just searching the couch cushions to fill up the bank, make efforts in other areas. When you break a large bill, put the change in your pocket or purse. Next time you make a purchase, don’t spend the change. Save it and put it in the jar. Stop making trips to the vending machine at work and put that money in the bank. Depending on what type of change goes into it, a Sparkletts bottle could hold over $1000 in loose change. If you don't want to do this, it

is still a great way for kids save money too.

Page 6: how to save in financial crisis

Step 4

Reduce spending by budgeting. Setting up a home budget is a great way to save

money on bills. There is an article below in the resources section that will walk you

through the process and give you tips on how to spend. Anything that is left over can

go into savings.

Page 7: how to save in financial crisis

Step 5Reduce spending by changing your quality of life. If you start bringing your lunch to work, you will save a ton of money. Start putting the minimum

suggested octane in your vehicle. Many don’t realize that the high octane is not usually

necessary. Start washing your own car and changing your own oil. Go to the discount theatre

instead of the regular theatre and don’t buy as many snacks. The trick is not to do anything less, just different. This way you won’t miss anything,

but you will still save money.

Page 8: how to save in financial crisis

Step 6

The last major thing is to cut up the credit cards. These just cause us to live beyond

our means which is exactly the opposite of saving. If we can get rid of the means and the desire to live in excess we will be able to save much more money in the long run.

Page 9: how to save in financial crisis

If you want to learn how easy and effective it is to make money by bloggin or just

wirtinig articles and many more ways of using the internet to make money go to:

http://www.maverickmoneymakingtopsecrets

.com

Start making some extra bucks righ away!It really works!!!!