I’m #saving #money in 2019! Each year, I push myself to find new, secret, clever ways to save money. The money saving tricks and #tips compound each year, so my savings rate keeps improving. This is super important because saving money is one of the most important pillars of dividend growth investing. The more I save, the faster I reach financial freedom (dividends cover all living expenses). Today, I want to share three really clever ways I’m saving money in 2019!
Money Saving TIP 1: It’s OK To Buy “Cheap” Items! Price Does Not Always Equal Quality.
This one was a big realization for me! I learned this year that price does not equal quality when I’m buying clothes, furniture, or other goods. I always used to think that price was everything. I pay more, I get more quality and a better look. This year, I’m finding that price may have nothing to do with quality nor the best look. Learn how I’m saving big money shopping at Old Navy and IKEA in 2019, a radical departure from the Ian of the past! I’m saving huge money and buying really great items that I love.
How To Save Money TIP 2: Leverage credit card points for free stuff. And, cancel those points credit cards that no longer make sense!
I’m saving money this year by using my United Miles to buy stuff, like a brand new vacuum from Dyson! I no longer fly United very frequently and these points just don’t mean much to me any more. Don’t forget about those points and don’t let them expire!
Save Money TRICK 3: Sometimes, you have to spend up-front for long term savings.
Learn how I purchased a bunch of car care products in 2019 and how I’m detailing our cars. I made the investment up-front for long-term savings. Sometimes, you have to spend to save money.
Do you have any clever ways to save money? PPC Ian is a community of 21,000+ dividend growth investors. We are all aiming to have meaningful cash flow from our investments that pays the bills. The more we can save, the more we can invest. Let’s share our tips here on how to save money in 2019 and beyond!
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I just filmed this video about the difference between rich people and poor people from my car, an Audi:
I also filmed this video about financial independence from my car:
DISCLOSURE: I am long Starbucks (SBUX) and General Mills (GIS). I own these stocks in my stock portfolio.
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