Saving 101: Distinguish Between Needs and Wants
You can save a considerable amount of money if you can distinguish between your wants and your needs.
It is pretty simple to identify your needs - those items that are necessary to sustain life: shelter, food, clothing, transportation.
Wants are those things that enhance our lifestyle, but may not be necessary: a penthouse, caviar, designer wear or a corvette.
By weeding out some of your wants from your needs, and making small changes in your daily habits, you will be amazed at how much money you can save.
Another area where you can cut back on unnecessary expenses is with your banking. If you don't have an appropriate plan in place for your banking needs, you might be spending way too much money on your banking transactions.
Cutting banking costs can be easy if you take advantage of modern banking conveniences and special services offered by your lender, and if you pay close attention to your transactions and the resulting charges