7 Habits to Boost Your Savings.

(Ed. Note) It’s no secret that the unemployed like to or have to save money where they can. As such an important component of our lifestyle it was only right to team up with FrugalNYC, a premier resource for frugal city living, as we present Frugal Fridays! Enjoy.
The savings rate for US households has steadily gone up in the last couple of years. One benefit to the Great Recession is that it makes people think about what is necessary and putting everything else in the nice to have category. Ask any personal finance blogger, and you will get a list of ways to save and boost your savings rate. Here is my take on some habits that can help you boost your savings, so you can get what you really want in the near future.
Seven Habits Of Saving:
- Use your neighborhood library for books, magazines, newspapers, DVDs, video games and all sorts of entertainment. I bet you didn’t know half that list was offered by the NYC library system.
- Eat home cooked meals. Bring food from home. Doing this can save you an average of $50 to $70 a week, assuming your lunch costs around $10 to $15 each. Yes, you can find cheaper fare, such as the $1 pizza slice I tweeted about several months ago, but how much pizza can you really eat? Home cooked / prepared is usually much healthier to boot!
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