Save Money, How To

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® ®

¡¡HOW TO SAVE

MONEY!!

Even in crisis time

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CHAPTER I

CREATE YOUR OWN

CAPITAL ASSET OR

MONETARY FUND

Even in crisis time

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¡¡HOW TO SAVE

MONEY!!

Even in crisis time

ONCE A

ND

ND FOR

FOR

ALL…LET’S FINISH WITH

THIS… ¡NO MORE CRI$IS!

*Are you tired of all those ads, offering you to

become a millionaire in a few

become a millionaire in a few hours?

hours?

*Are you tired of wasting your time and money

without any results…?

*Are you sick of your debt?

*Are you usually short on c

*Are you usually short on cash?

ash?

Well, if you are… It’s time to say NO MORE…

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CREATE YOUR OWN

CAPITAL ASSET OR

MONETARY FUND

Ok… Let’s cut the bushes… Right now, you are going to learn, Ok… Let’s cut the bushes… Right now, you are going to learn, how to create your capital asset coming from each pay check or how to create your capital asset coming from each pay check or any kind of income you receive.

any kind of income you receive. Well, the

Well, the secret secret is is that famous that famous word…“savings”. word…“savings”. We all We all talktalk about savings, and everybody suggests or tells us to save some about savings, and everybody suggests or tells us to save some money… The government, financial institutions, and even social money… The government, financial institutions, and even social institutions, everyone, without exception, talk to us about savings, institutions, everyone, without exception, talk to us about savings, and how this is important in our time of financial crisis… Well and how this is important in our time of financial crisis… Well that´s good, but so far, no one tells us how to do it…

that´s good, but so far, no one tells us how to do it…

And then a big question comes out… How can I save money if And then a big question comes out… How can I save money if my incomes barely cover my outcomes? Or perhaps you may my incomes barely cover my outcomes? Or perhaps you may think… How am I supposed to save money if I don´t earn enough think… How am I supposed to save money if I don´t earn enough to cover my outcomes... Well in this little e-book I will try to show to cover my outcomes... Well in this little e-book I will try to show you the way of saving a little money, and it doesn´t matter on how you the way of saving a little money, and it doesn´t matter on how much your incomes are.

much your incomes are.

First of all

First of all think about think about this: this: There are There are a lot a lot of people of people in thein the same critical financial situation, but not all of them earn the same same critical financial situation, but not all of them earn the same amount of money, some of them earn a lot more than others, but amount of money, some of them earn a lot more than others, but anyway they

anyway they all are in the all are in the same situation. same situation. So this clearly So this clearly show us,show us, that it doesn´t matter how much you win or earn but… what that it doesn´t matter how much you win or earn but… what matters is what you do with what you win.

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Before we continue, you have to realize that, what I´m about to Before we continue, you have to realize that, what I´m about to teach you it is NOT a magic formula; you are NOT BECOMING A teach you it is NOT a magic formula; you are NOT BECOMING A MILLIONAIRE in a few days or even less in hours… You will need MILLIONAIRE in a few days or even less in hours… You will need

TIME, BE CONSTANT AND MOST OF ALL BE PATIENT

TIME, BE CONSTANT AND MOST OF ALL BE PATIENT..

Remember, you are not becoming a millionaire from set to dawn; Remember, you are not becoming a millionaire from set to dawn; instead, this will need time, but you have already given your first instead, this will need time, but you have already given your first step to your “financial freedom”.

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GET USE TO

SAVE, “YOUR”

MONEY

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Most of the people, talk about, how much money of each Most of the people, talk about, how much money of each income it is

income it is good to good to save. save. Almost everyone agreed Almost everyone agreed that a that a 10% is10% is the ideal for saving… Well, what I say is that if you can save more the ideal for saving… Well, what I say is that if you can save more than the 10% of your incomes, without sacrificing yourself too than the 10% of your incomes, without sacrificing yourself too much that will be great.

much that will be great.

In the other hand, if you feel that a 10% is too much for saving, In the other hand, if you feel that a 10% is too much for saving, and you´re not able to do it, well, in that case you can save only and you´re not able to do it, well, in that case you can save only an 8% or a 6% or a 5%, or any amount of money that you feel an 8% or a 6% or a 5%, or any amount of money that you feel comfortable

comfortable to to save save it, it, however however I I do do not not recommend recommend less less thanthan the 5% and I will explain you why:

the 5% and I will explain you why:

Here is something that you need to understand:

Here is something that you need to understand: The more youThe more you

save, the less time you’ll need to reach your goal… The less you

save, the more time you’ll need to reach your goal (in this case,

your financial freedom).

Anyway, notice that I didn’t say that you will not reach your Anyway, notice that I didn’t say that you will not reach your goal if you are able to save only a 5% or less of all your goal if you are able to save only a 5% or less of all your incomes…¡Of course Not...! And this is why this method is so incomes…¡Of course Not...! And this is why this method is so wonderful, it doesn’t matter how much money you are saving, you wonderful, it doesn’t matter how much money you are saving, you WILL ALWAYS

WILL ALWAYS reach your goal, if you keep following thesereach your goal, if you keep following these simple steps, BE PATIEN, CONSTAN AND LET THE TIME DO simple steps, BE PATIEN, CONSTAN AND LET THE TIME DO HIS PART. The only difference is that it will take more time, and it HIS PART. The only difference is that it will take more time, and it will require more patience and be more constant from your side. will require more patience and be more constant from your side. Let´s imagine you are planting a tree, the more you give water to Let´s imagine you are planting a tree, the more you give water to it, and the more you fertilize the soil, the bigger and stronger your it, and the more you fertilize the soil, the bigger and stronger your tree is going to get. The same thing with your savings. The fertilize tree is going to get. The same thing with your savings. The fertilize in this case, is each dollar that you can save.

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Ok, you might be thinking, this really sounds good, but HOW Ok, you might be thinking, this really sounds good, but HOW AM I SUPPOSED TO SAVE, IF I DON’T HAVE ENOUGH TO AM I SUPPOSED TO SAVE, IF I DON’T HAVE ENOUGH TO PAY ALL MY BILLS?

PAY ALL MY BILLS?

Believe me, we all have asked the same question or at least Believe me, we all have asked the same question or at least the same kind of question. And let me tell you once more… It is the same kind of question. And let me tell you once more… It is possible to save money, even when you “THINK” no to have possible to save money, even when you “THINK” no to have enough.

enough.

Listen my friends, in order to succeed, you MUST YEARN… Listen my friends, in order to succeed, you MUST YEARN… not only wish, but yearn, to stop living in the same broken financial not only wish, but yearn, to stop living in the same broken financial situation you are

situation you are living right know. living right know. Don´t get used Don´t get used to live this wto live this way,ay, don´t get used to the sadness you feel when you want to buy don´t get used to the sadness you feel when you want to buy something you need, but you don´t have enough money to afford something you need, but you don´t have enough money to afford it. Please, please NEVER get used to that feeling. NEVER get it. Please, please NEVER get used to that feeling. NEVER get used to choose between two different goods because you can used to choose between two different goods because you can only pay for one. If you really NEED those two goods, you should only pay for one. If you really NEED those two goods, you should be able to get both of them.

be able to get both of them.

Now, if you are truly convinced that you deserve a better life Now, if you are truly convinced that you deserve a better life that the one you have right now, these is what you need to know that the one you have right now, these is what you need to know and follow:

and follow:

FIRST:

FIRST: You have a job in which you get paid for it, and withYou have a job in which you get paid for it, and with that payment (which is the harvest of your effort, let´s put it this that payment (which is the harvest of your effort, let´s put it this way), you pay for your food, dress, electric service, shoes, cell way), you pay for your food, dress, electric service, shoes, cell phones, gas for your car, and so on… You pay to everyone else, phones, gas for your car, and so on… You pay to everyone else, but… when are you going to start paying to yourself? Remember, but… when are you going to start paying to yourself? Remember, it is your effort… Now…How much money can you show me of it is your effort… Now…How much money can you show me of your last payment? Perhaps nothing right…

your last payment? Perhaps nothing right…

You should pay to yourself at first.

You should pay to yourself at first. And save that littleAnd save that little money just for you, for your capital assets, you are the first one money just for you, for your capital assets, you are the first one who deserves a payment of your own effort, and then, only then who deserves a payment of your own effort, and then, only then

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SECOND:

SECOND: When you are decided to improve your life quality, aWhen you are decided to improve your life quality, a helpful hint is to create a monthly budget.

helpful hint is to create a monthly budget.

CREATE A BUDGET

Before you start saving, I strongly recommend you, to make a Before you start saving, I strongly recommend you, to make a monthly budget of all your outcomes including at first your

monthly budget of all your outcomes including at first your REALREAL

NEEDS

NEEDS and I want to be clear, because I’m not talking about alland I want to be clear, because I’m not talking about all those things that makes you lose money and that are not NEEDS. those things that makes you lose money and that are not NEEDS. So

So remember, remember, include include at at the the beginning beginning only only your your needs. needs. AmongAmong these needs we can find:

these needs we can find: Food, House (electric, gas, phone bills),Food, House (electric, gas, phone bills),

Medical Needs, Loans, mortgage etc.

Medical Needs, Loans, mortgage etc. As you can see, these areAs you can see, these are REAL NEEDS, now we are going to include, those outcomes, that REAL NEEDS, now we are going to include, those outcomes, that may not be so REAL needs, I mean, that you can avoid them or at may not be so REAL needs, I mean, that you can avoid them or at least, decrease

least, decrease these types these types of outcomes. of outcomes. Among these Among these ones weones we can find:

can find: Cable TV, Cell phones, Internet service, Car, etc.Cable TV, Cell phones, Internet service, Car, etc.

I suggest, to try avoiding completely those unnecessary I suggest, to try avoiding completely those unnecessary outcomes, or to decrease them the most you can. Also I suggest outcomes, or to decrease them the most you can. Also I suggest paying more than the minimum required in your credit card’s paying more than the minimum required in your credit card’s payment. This will allow you to get rid of that debt sooner. Once payment. This will allow you to get rid of that debt sooner. Once you are out of that kind of debt, please try not to use anymore you are out of that kind of debt, please try not to use anymore your credit card.

your credit card.

Once you have done your budget, you can determine how Once you have done your budget, you can determine how much money you are able to save, in a comfort way.

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First of all, open a saving account at the same bank where you

change your pay checks.

Then each time you receive your paycheck, leave in your

account the amount of money you have decided to.

And the last step, FORGET about the money you are saving,

just imagine that you don’t have it anymore.

…Ok, but you might tell me, “I can’t save… I always spend all …Ok, but you might tell me, “I can’t save… I always spend all my money”… Well let me tell you, that YES, YOU CAN SAVE… my money”… Well let me tell you, that YES, YOU CAN SAVE… “As I said before”…

“As I said before”…

Sometimes our problem is that we don´t earn enough money to Sometimes our problem is that we don´t earn enough money to cover all of our debts… Well if this is the case, let me tell you what cover all of our debts… Well if this is the case, let me tell you what you should do, and also let me tell you, that it worked for me, and you should do, and also let me tell you, that it worked for me, and for all the people that have followed this.

for all the people that have followed this.

The first thing to do is to take a part the amount of money you The first thing to do is to take a part the amount of money you have already decided to save, for example a 10%... after you have have already decided to save, for example a 10%... after you have done this, get used to live with the rest 90%.

done this, get used to live with the rest 90%.

If even using the 100% of our incomes we weren´t able to If even using the 100% of our incomes we weren´t able to cover all of our debts, so in this case it is a very good idea for you cover all of our debts, so in this case it is a very good idea for you to talk to all of your creditors and to make a payment arrangement to talk to all of your creditors and to make a payment arrangement so you can pay

so you can pay to everyone. to everyone. Even if it is a little less… but Even if it is a little less… but you areyou are still paying.

still paying. It is better, to It is better, to pay low rates pay low rates for long periods instead for long periods instead ofof paying nothing at all and to see how your debt start growing paying nothing at all and to see how your debt start growing instead of decrease.

instead of decrease.

Well, now let us imagine… what you will do if all the banks in Well, now let us imagine… what you will do if all the banks in your country ask for a 10% of your paycheck as a commission for your country ask for a 10% of your paycheck as a commission for changing it? Or for handling your money? (I hope I don’t give any changing it? Or for handling your money? (I hope I don’t give any ideas to the banks).

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Nothing… You will do nothing…

Nothing… You will do nothing… You will only go home with aYou will only go home with a 10% less of your money. And I’m sure that you will survive, until 10% less of your money. And I’m sure that you will survive, until your next paycheck. So, yes, you are able to save, and then when your next paycheck. So, yes, you are able to save, and then when you receive the next paycheck, you just have to repeat the same you receive the next paycheck, you just have to repeat the same procedure, over and over again.

procedure, over and over again.

Now, isn’t it better that we leave a 10% of our incomes by our Now, isn’t it better that we leave a 10% of our incomes by our own will, instead o

own will, instead of someone else f someone else take it awaytake it away? ? I supposed yI supposed yes.es.

Before you notice, you will have created the habit of saving, Before you notice, you will have created the habit of saving, and you will also notice that you are able to survive, without and you will also notice that you are able to survive, without touching or wasting that 10% of your incomes. And the most touching or wasting that 10% of your incomes. And the most important thing… Your savings are going to start growing up.

important thing… Your savings are going to start growing up.

Please REMEMBER, this is not a magic formula, where you Please REMEMBER, this is not a magic formula, where you are going to become a millionaire, in a few hours or days… NO IT are going to become a millionaire, in a few hours or days… NO IT IS NOT… But I assure you that by the end of a year, your IS NOT… But I assure you that by the end of a year, your situation it is going to be much better than it is right now, but only situation it is going to be much better than it is right now, but only IF YOU REALLY WANT TO.

IF YOU REALLY WANT TO.

Let

Let us us think think about about this… this… How How old old are are you? you? Twenty? Twenty? Thirty?Thirty? Older, younger?... I started working when I was 17 years old, but I Older, younger?... I started working when I was 17 years old, but I started practicing this only 3 years ago, that means that I wasted started practicing this only 3 years ago, that means that I wasted 14 years of savings, imagine how much money you can made in 14 years of savings, imagine how much money you can made in that time… Remember time never stops either you take some that time… Remember time never stops either you take some action or not, is in your hands to change your life, or keep going action or not, is in your hands to change your life, or keep going the same way you are.

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HOW YOUR

SAVINGS, HELP

OTHERS

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Now, let me explain you how your savings will help other people. Now, let me explain you how your savings will help other people. Another reason to convince you to get use to save, is that when Another reason to convince you to get use to save, is that when you get it… when you get use to it, you will be able to teach you get it… when you get use to it, you will be able to teach someone else, this same procedure, and suddenly a lot of people someone else, this same procedure, and suddenly a lot of people will be saving money.

will be saving money.

In my web page I said: “…Also, by following these simple steps, In my web page I said: “…Also, by following these simple steps, you are not only helping yourself, but also THE WHOLE you are not only helping yourself, but also THE WHOLE COUNTRY...” please let me tell you how.

COUNTRY...” please let me tell you how.

For example, let us take the UNITED STATES OF AMERICA For example, let us take the UNITED STATES OF AMERICA for our little study.

for our little study.

In the USA there are about 305,529,237 people, aprox.

In the USA there are about 305,529,237 people, aprox. 1.1. AndAnd

from all these people 146,047,000 are in the age between 16 from all these people 146,047,000 are in the age between 16 years old and over. The average of the payroll, is $18.00

years old and over. The average of the payroll, is $18.00 22 perper

hour, in 8 hours a day we have $144.00 a day, if you don’t work hour, in 8 hours a day we have $144.00 a day, if you don’t work on weekends, we have a monthly income of $3,744.00... ($144.00 on weekends, we have a monthly income of $3,744.00... ($144.00 x 26 days).

x 26 days).

That means that these 146,047,000 are able to save (for That means that these 146,047,000 are able to save (for example) a 10% of their incomes, so, let’s see:

example) a 10% of their incomes, so, let’s see: $3,744.00 x 10% =

$3,744.00 x 10% = $374.44$374.44 these are your savings inthese are your savings in one month.

one month.

Now, let’s multiply it, times all the population that can save this Now, let’s multiply it, times all the population that can save this amount of money in one month:

amount of money in one month:

$374.44 x 146,047,000people =

$374.44 x 146,047,000people = $54,685,838,680.00$54,685,838,680.00

Let me see if I can write this huge amount: FIFTY FOUR Let me see if I can write this huge amount: FIFTY FOUR BILLIONS SIX HUNDRED AND EIGHTY FIVE MILLIONS EIGHT BILLIONS SIX HUNDRED AND EIGHTY FIVE MILLIONS EIGHT HUNDRED AND THIRTY EIGHT THOUSANDS SIX HUNDRED HUNDRED AND THIRTY EIGHT THOUSANDS SIX HUNDRED AND EIGHTY DOLLARS… (I’m sorry if I made any mistake)

AND EIGHTY DOLLARS… (I’m sorry if I made any mistake) That’s a real

That’s a real huge amount huge amount of money… of money… NOTICE THAT, this isNOTICE THAT, this is only for one month, now you do the math, for one year… the most only for one month, now you do the math, for one year… the most

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If we all to this I think that will be the end of the entire financial If we all to this I think that will be the end of the entire financial crisis, and if it’s not… at least it will help a lot. Now you can see crisis, and if it’s not… at least it will help a lot. Now you can see how much we can help our country and ourselves if we all save how much we can help our country and ourselves if we all save that little money.

that little money.

This is not magic; this is simple math, discipline, being This is not magic; this is simple math, discipline, being constant and patient. In fact, nothing in here is new; there are a lot constant and patient. In fact, nothing in here is new; there are a lot of books containing similar material. Sometimes even better… But of books containing similar material. Sometimes even better… But I’m doing my best effort in here…

I’m doing my best effort in here…

Perhaps, I’m not completely accurate, but what I know for sure, Perhaps, I’m not completely accurate, but what I know for sure, is that this will help a lot, to all of us.

is that this will help a lot, to all of us.

So the more people develop the habit of saving, the less time So the more people develop the habit of saving, the less time we are going to be living with this problem.

we are going to be living with this problem.

Also notice that this method will not only help in the United Also notice that this method will not only help in the United States, but also will work in whatever country you live in.

States, but also will work in whatever country you live in.

Ok, just

Ok, just remember this, remember this, before we before we end this end this first step, first step, ““ TIMETIME

NEVER STOPS”,

NEVER STOPS”, so either you take some action or not, timeso either you take some action or not, time always goes on…

always goes on… What I’m trying What I’m trying to say, to say, is that is that the decision isthe decision is yours… take

yours… take some action some action right now, right now, and and finish this finish this year in year in aa better situation or, keep the way you are, waiting for someone better situation or, keep the way you are, waiting for someone else to fix the problem, I just say “let’s finish with all this big else to fix the problem, I just say “let’s finish with all this big problem right now… it is in our hands”

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STEP 2

HOW TO INCREASE YOUR

CAPITAL

Well, by this moment, I hope you have been saving for at least Well, by this moment, I hope you have been saving for at least 6 months before we start with the second step.

6 months before we start with the second step.

So I hope you already have no less than $2,000.00 in your So I hope you already have no less than $2,000.00 in your saving account, and I also hope that you have realize that you are saving account, and I also hope that you have realize that you are able to save money, and those $ 2,000.00 are yours completely able to save money, and those $ 2,000.00 are yours completely yours.

yours.

Ok, now, I´m going to give you some little tricks to increase the Ok, now, I´m going to give you some little tricks to increase the amount of money that your saving account is receiving… Now is amount of money that your saving account is receiving… Now is time that the

time that the MONEY WORKS FOR YOUMONEY WORKS FOR YOU, instead of you works, instead of you works for money.

for money.

Since we still have only a little amount of money in our saving Since we still have only a little amount of money in our saving account, our profit as well, is going to be little. But please account, our profit as well, is going to be little. But please

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The time has come to reverse our situation, at the beginning; The time has come to reverse our situation, at the beginning; we were paying to the banks all kinds of interests, due to our we were paying to the banks all kinds of interests, due to our credit cards, loans, mortgage etc. Now it is time to the bank to pay credit cards, loans, mortgage etc. Now it is time to the bank to pay us for our saving.

us for our saving.

We can do this by placing our savings under a

We can do this by placing our savings under a LONG TERMLONG TERM

DEPOSIT

DEPOSIT in our bank. You will have to decide how much time youin our bank. You will have to decide how much time you want for this “long term” period, for example, you can choose want for this “long term” period, for example, you can choose between 6 months, 1 year, 1 year and a half etc… And depending between 6 months, 1 year, 1 year and a half etc… And depending on how long, so will be the interest you are going to be earning. on how long, so will be the interest you are going to be earning.

Another idea is to buy some company auctions, place your Another idea is to buy some company auctions, place your money on mutual funds… etc.

money on mutual funds… etc.

Ok now that you are receiving some interest,

Ok now that you are receiving some interest, PLEASE,PLEASE,

PLEASE…

PLEASE… don’t make the mistake to spend that little extra moneydon’t make the mistake to spend that little extra money you’re getting…This little money is the money that is already you’re getting…This little money is the money that is already working for you… So don’t waste it, instead of that, why don’t you working for you… So don’t waste it, instead of that, why don’t you save it? If you save it, you will have more money, getting more save it? If you save it, you will have more money, getting more money for you

money for you

If you do so, you will be saving the original 10% you were If you do so, you will be saving the original 10% you were saving at the beginning, plus the interest that your capital is saving at the beginning, plus the interest that your capital is earning for you. At the end of the year, you will not only have what earning for you. At the end of the year, you will not only have what you supposed to have, but also a little more due to the interest you supposed to have, but also a little more due to the interest you won.

you won.

Another suggestion to increase the amount of money you’re Another suggestion to increase the amount of money you’re saving, is to become a loaner, but without risking all your savings. saving, is to become a loaner, but without risking all your savings. In this case you are going to be the one who is going to be asking In this case you are going to be the one who is going to be asking for an

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remember it is a must for you to ask for a warrantee, so you make remember it is a must for you to ask for a warrantee, so you make sure, that the one who is lending you your money, it is going to sure, that the one who is lending you your money, it is going to give it back plus the interests you are asking for.

give it back plus the interests you are asking for.

I rather to follow the first suggestion, because in the second I rather to follow the first suggestion, because in the second one, you run a little more risk, and also you need a little more one, you run a little more risk, and also you need a little more experience on financial issues.

experience on financial issues.

WHEN I’M GOING TO BE ABLE TO JOY

MY EFFORT OF SAVING???

I’m sure you are going to be asking me this… well: I’m sure you are going to be asking me this… well:

Due to the crisis we have around the world, I suggest you to Due to the crisis we have around the world, I suggest you to hold on doing this for at least

hold on doing this for at least 1 YEAR AND A HALF1 YEAR AND A HALF. After this. After this time, you are going to be able to break your habit of saving… let’s time, you are going to be able to break your habit of saving… let’s say… for 2 months… THIS DOES NOT MEAN you are going to say… for 2 months… THIS DOES NOT MEAN you are going to spend your savings

spend your savings… ¡ OF COURSE NOT…!… ¡ OF COURSE NOT…! NOT YET…. NOTNOT YET…. NOT

NEVER.

But you are going o to be able to spend all your monthly But you are going o to be able to spend all your monthly income. You will notice that it may take some effort from you to income. You will notice that it may take some effort from you to stop saving, because it will be already a habit on you.

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break a habit once you have create it… But it is also good to give break a habit once you have create it… But it is also good to give yourself a

yourself a break and break and enjoy your enjoy your money the money the way you way you want. want. ButBut please don’t get use to it, because after this time, you will have to please don’t get use to it, because after this time, you will have to go back and start saving again.

go back and start saving again.

Remember it is not only for your good, but for every single one Remember it is not only for your good, but for every single one in your country.

in your country.

By the second year of doing this you are going to have much By the second year of doing this you are going to have much more money in your saving account, and then we are going to more money in your saving account, and then we are going to start talking on how to reach your financial freedom by investing start talking on how to reach your financial freedom by investing your savings …

your savings …

But this…we will talk about in the second ebook… ok… But this…we will talk about in the second ebook… ok… Ideas… suggestions… contact me

Ideas… suggestions… contact me www.howtosave.webs.comwww.howtosave.webs.com oror via email… [email protected]