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10 Simple Ways to Create Your First Back-to-School Fund

Article Description:
====================

If you're looking for a *practical* reason to save, how about
building a Back-to-School Fund? It can help you limit or even
avoid using a credit card for back-to-school shopping.


Additional Article Information:
===============================

589 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2006-07-26 12:12:00

Written By:     Darlene Arechederra
Copyright:      2006
Contact Email:  mailto:[EMAIL PROTECTED]


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10 Simple Ways to Create Your First Back-to-School Fund
Copyright © 2006 Darlene Arechederra
Afford To Stay Home
http://www.AffordToStayHome.com/



As a teenager, I discovered something really cool about my
father. 'Pop' had a rule he lived by. And that was to pick one
project on which he would focus each weekend.

When the weekend rolled around, Pop knew exactly which project
he'd tackle. By deciding ahead, he was mentally prepared -- and
had his tools gathered, ready to work. That was his way of
'keeping things caught up,' as he so often says.

And he really did keep things caught up. That's a lot of
projects completed -- and doesn't even count what he finished
during the week.

So, I got thinking... Why couldn't we take this idea and make it
work for us? Like, what day of the week could we each designate
as a *save money* day?

If you're looking for a *practical* reason to save, how about
building a Back-to-School Fund? It can help you limit or even
avoid using a credit card for back-to-school shopping.


Here are some ideas for finding the cash you'll need instead.

1. Deliberately reduce your grocery bill by ten dollars. Write a
check for it and mail it in to your savings account.

2. Designate one day each week as a *spend-no-money* day. Tuck
away a few dollars for every pitcher of tea you make at home and
bring to work with you. How about bringing lemon pieces with you
for refreshing iced water throughout the day?

3. Bring lunch to work one day this week. Simply cook a bit extra
for dinner the night before to take with you.

4. Target an item you purchase on a regular basis.  For example,
if you buy greeting cards weekly, buy them in bulk for about
fifty cents each instead. (If you can't find nice cards in bulk
locally, call Current Inc. at 877-665-4458 for a free catalog.)

5. Challenge yourself to eating out only if you can spend less
than five dollars (choose what your limit will be.)


And how about these...

6. Ask for cash back when using coupons -- and tuck away your
savings.

7. Replace a dry-cleanable or leather item with an item that
requires no special care. (Ask your family and friends to avoid
gifting you with dry-cleanable items.)

8. Close your storage units.  Sell the items inside (you're not
really using them!)  You'll save money for every month you no
longer pay a storage fee.  (Not to mention the extra money from
the sale of the stored items.)

9. Replace a name-brand item with a generic.  Try one new generic
item each week.  Many medicines can be purchased in generic form,
too.  For example, Claritin's active ingredient is the
antihistamine, Loratadine.  Loratadine can be found at Sam's
Club and other places, including eBay (about $14 for one year's
supply.  Can't beat that!)

10. Look up one phone number or web address to cancel magazines,
newspapers, books, etc. if you no longer have time to read them. 
Don't forget about mail order automatic shipments, like
vitamins, which you may no longer want, too.  You'll find money
to put back in your own pocket.


Regardless of how you actually save more money, be sure to tuck
away all money you save. That way, the money sponge in your
checkbook won't absorb it.

*Tip* Keep doing what's working for you (even after school
starts) -- and you'll have the makings of your Christmas Fund,
already in place.

Now, how much money can you tuck away by the time school starts?
Challenge yourself, and have some fun with it!





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Darlene Arechederra is the creator of "Goodbye Boss, Hello 
Kids! -- A Mom's Guide to Coming Home From The Workplace."  
Moms who have considered returning home will enjoy her 
FREE Report, "5 Secrets to Coming Home" at: 
http://www.AffordToStayHome.com/5secrets.html 
Please feel free to republish this article as 
is, with the above hyperlink intact and working.


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