12 WAYS TO PUT MORE MONEY 
IN YOUR POCKET...EASILY

Want to Improve Your Financial Situation? A Time-Tested Strategy is to Begin Keeping More of What You Make.

By Muyi Shogbuyi

A Chinese proverb states that "making more is like digging a well with your fingernails, but spending money is like pouring water on the sand." Makes a lot of sense. To get rich, the easiest way you can take is to start keeping more of what you make. This will allow you to start compounding wealth rather than squandering it.

Use the following methods of reorganizing and repositioning which are easy to apply:

1. Pay Yourself First--With every paycheck, make it a point of duty to pay yourself first. Even if it's only ten dollars. Put this money in a set-aside savings account that you do not touch or use for anything else. When this money accumulates to a few hundred dollars, invest it in a stock or mutual fund.

2. Join An Investment Club--This may be one of the smartest moves you will ever make. To learn more about investing, contact the National Association of Investment Corporations at (248) 583-6242. The fax number is (248) 583-4880.

3. Max Your Personal Exemptions for Payroll Withholding--Take the maximum exemptions you are entitled to. You'll get more money to take home rather than a refund when you file your tax return. This will be money you can save right now and compound the interest. Much better than a refund with no interest.

4. Raise Your Insurance Deductible--Doing this will lower your yearly premiums by as much as $500--quite a saving.

5. Buy Term Insurance Instead of Life--Term Insurance allows you to get the coverage you need for your family. This is crucial. Life insurance with built-in savings does not amount to much in the long run and it costs more. Contact Insurance Information, Inc. at (800) 472-5800 to help you find low-cost term policies.

6. Get Rid of Insurance Coverage You Don't Need--Why pay for uninsured motorists, for instance, when you already have insurance on your own vehicle? Or having a medical coverage on your auto insurance when you already have health insurance. These add-ons are wasteful additions mainly to enrich your insurance agent. Knock them off.

7. Use Your Credit Card Sparingly--Use your credit card only for items you can afford to pay off when the bill is due. High-ticket items like TV or stereo should be bought with planned saving. Also using your card for regular expenses like grocery or dining out can lead to debt which can easily get out of hand.

8. Use Credit Card With Low Interest Rate--There are many of them out there and you can save quite a lot by having a low interest-rate card. Send for the report, "Best Credit Card Deals." The list includes more than 20 banks that offer lower interest rates of 7.99 percent to 14 percent Annual Percentage Rate. Names and toll-free numbers provided. The report is only $3 and you can save yourself a bundle.

9. Buy Through Mail Order--Buying through the mail can be a real saving and there's no sales tax on out-of-state orders.

10. Choose a Bank That's Right for You--Better to shop around for the bank that will serve your interest. Some banks charge for using ATM machines, some don't. And bank charges vary from bank to bank. For full details on choosing a bank, send for the report, "Choosing a Bank That's Right For You." It includes all you need to know about choosing a bank and it includes numbers to call to investigate any bank.

11. Sell, Don't Throw Away--Some of the items you had bought some time ago and have lost interest in or grown tired of can still have some value. You never know. Your "junk" might be somebody else's "treasure." Offer to sell them at a garage sale. Send for the Garage Sale Report--Only $1.

12. Negotiate Your Fees, Commission and Purchases When You Can--If you buy at a flea market, you can haggle over the price. You can also negotiate with your real estate agent or insurance agent for a reduced rate. All these seemingly little things amount to something when you add them up. Don't discount them. Remember the saying, "A penny saved is a penny earned."

To get more ideas on making and saving money, including how to earn more than $68,000 in your own booming business, send a 55-cent stamp for an "Executive Briefing" about an organization that offers these types of opportunities.

Send your order or request on any of the above reports to:

MAS Enterprises
P.O. Box 408023
Chicago, IL 60640    •   You may also call (773) 728-7117
   
   

      

         

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