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Budget stretchers

Psyched to save

"The secret to successful saving is to focus like a laser on the better things your savings will buy in the future."

(more savings strategies)

Experts recommend having a minimum of three months' worth of living expenses set aside for an emergency. For many on a budget this can seem a daunting task.  But with a little planning it can be done.

Your beautiful wedding on any budget
Todd Outcalt.
Naperville, Ill. : Sourcebooks Casablanca, c2009.
Start Your Marriage with Money in the Bank, not Bills in the Mail. In a world where the average wedding costs around $30,000, a realistic plan for a dream wedding no matter what your budget. Many couples are unnecessarily going deeply into debt to pay for their own weddings. Pastor Todd Outcalt has counseled hundreds of couples on how to avoid this strain on a new marriage, and now he's bringing his message to brides and grooms everywhere. With costs rising, the economy faltering, and the future uncertain, Outcalt provides an overall plan for cost-saving and dream-building. Unlike other books, Your Beautiful Wedding on Any Budget creates a plan tailored to your financial reality, not a specific dollar amount. It offers the most flexibility, showing: How to prioritize what's important so you know where to spend $$$ and where to spend $ Planning strategies for realistic costs of each component How to use the internet to save money Couples can now plan the wedding of their dreams, and go on their honeymoon knowing that every expense is paid for! Learn How To: Determine what kind of unique day you can afford: Design your own plan using sample budgets as a guide Have an elegant wedding without the high costs Host a large wedding on a small income Increase the funds for your wedding and spend that cash smartly Cut wedding costs easily and painlessly Prioritize what's important to you so you know where to splurge and where to save Work with parents and others who have a say in wedding money matters Create a debt-free wedding if you're already in debt Your Beautiful Wedding on Any Budget reveals how to craft a debt-free big day, giving you the techniques and strategies to help you enter into marriage with a bigger wallet and lower stress level. Rather than focusing on a certain dollar amount, Your Beautiful Wedding on Any Budget allows you to design a plan tailored to your financial reality, whatever that may be.
     
101 ways to save money on your wedding
Barbara Cameron.
Avon, Mass. : Adams Media ; Newton Abbot : David & Charles [distributor], 2009.
Sure, engaged couples want the biggest day of their lives to be memorable and beautiful - but it also needs to be affordable. In this book, wedding-cost expert Barbara Cameron offers creative ideas for saving money and time, including how to: find affordable yet skilled wedding consultants; budget for a destination wedding; save money on catering and still have a delicious reception dinner; find bargains on a stunning wardrobe for the wedding party; make your own attractive floral arrangements and bouquets; lower the costs for out-of-town guests; have an unforgettable honeymoon - that newlyweds can afford; and more! This book is the handy tool that couples need in order to have the wedding of their dreams - without going bankrupt!
     
How to be the family CFO : 4 simple steps to put your financial house in order
Kim Snider.
Austin, TX : Greenleaf Book Group Press, c2009.
Includes bibliographical references (p. [194]-203)
     
The frugal duchess : how to live well and save money
Sharon Harvey Rosenberg.
Los Angeles : DPL Press, c2008.
  1. Includes index.
  2. "The frugal duchess of South Beach."
     
Living rich by spending smart : how to get more of what you really want
Gregory Karp.
Upper Saddle River, N.J. : Wharton School Pub., c2008.
Includes index.
     
The Everything budgeting book : practical advice for spending less, increasing savings, and having more money for the things you really want
Tere Stouffer.
Avon, Mass. : Adams Media ; Newton Abbot : David & Charles [distributor], 2008.
Practical advice for spending less, increasing savings, and having more money for the things you really want
     

Here are five ways to help help stretch your budget and start saving:

  • Know where your money goes - Take time to create a household budget that accurately tracks yearly expenditures.
  • Consider savings like a bill - Pay the savings account the way you do the other bills. Consider having a set amount transferred monthly from your checking account or paycheck.
  • Think small - Small amounts quickly become sizable. Skip one lunch out a week and almost $500 can be added to the savings account in a year.
  • Continue payments - Once a loan is paid off, continue making payments. Just make those payments to your savings account. You were not used to having that money, so you will not miss it.
  • Reward yourself - Plan for a splurge after you reach a goal.  This can stop impulse buying and gives you and your family time to congratulate yourselves.
  • Start adding to your savings account today - it is vital for your financial health.

Article by: St. Louis Public Library staff

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