Whether you have resolved to make changes in the new year based on the Gregorian or the Chinese calendar, chances are saving more money is near the top of your list. For us it was number three, behind losing some weight and becoming more fit. So far this year, we haven’t been too successful with saving money because of our Christmas credit card bill. We always pay our credit card bill in full every month, to avoid paying interest.
We usually try to save around 30% of our earnings and some months we are more successful than others. Next month we won’t manage it because of upcoming dental work, but health-related expenses are always given priority. We will eliminate or scale back on other discretionary spending to offset the unexpected dental expense.
In previous posts, we’ve mentioned ways in which we try to live “below our means” in order to save, so we thought it might be helpful to provide a list of the books/websites we have read, which inspired us.
Lippe, T. Nothing left over : a plain and simple life. 2002
Hunt, M. Everyday cheapskate’s greatest tips : 500 simple strategies for smart living 2005
Levine, J. Not buying it : my year without shopping 2006
Bogle, J. Enough : true measures of money, business and life 2009
Farquharson, V. Sleeping naked is green : how an eco-cynic unplugged her fridge, sold her car, and found love in 365 days 2009
Farrell, C. The new frugality : how to consume less, save more and live better 2010
Leonard, A. The story of stuff : how our obsession with stuff is trashing the planet, our communities, and our health–and a vision for change 2010
Wise bread : living large on a small budget http://www.wisebread.com
These are just a few, but enough to get you started. Visit your local library to find these and similar titles.
Have you found a good book/website on saving money or simplifying your life? We want to hear from you!
Until next time,
Your Boomer Life Partners
Disclosure: No products mentioned in this Boomer Life Today blog post were solicited or paid for by companies in New Zealand or abroad.