The possibility of acquiring a decently paid job is quite difficult these days, given the scenario of the recession hit world and whats more difficult is being in a high paid job and maintaining it.

But does your high paying job make you pay more price in terms of losing your quality time with family, leading a stressful life, and inability to do something of your choice in a leisure time?

Then why don’t you consider shifting your job? Do i sound Insane? Well i might but i have my own point to be put across. When you reduce the expenses by adopting to a less expensive life style, you wouldn’t be threatened by the fact that you might have to lose your high paid job. This way your options for a decently paid job would be more, you could turn your hobby into income by investing sometime in a side business and spend your weekend with your family.

Get the picture now? Well give it a thought and share with me  your experiences and decisions.

On day 5 of our attempt to fix our finances in a week, we are going to concentrate on retirement savings. Yes retirement savings is an essential part of financial planning.

There are many tools available online like a retirement savings calculator. Make use of such tools and start saving from today. Even if you are just 25, it better to start saving for your retirement right away. The earlier you start , the saver you would be as far as retirement is considered.

Choose your own method of saving. You might want to opt for a retirement saving plan or just put aside some money in a savings account every month. whatever may be the method, just make sure you save enough for your later years.

On our day 5 thats all we are going to do. With just two days left i am sure if you had followed all the 5 day’s agenda properly, you must be already feeling relieved.

Hi everyone!!! I hope that all of you must have done your 3 day ritual regularly and i am sure you are sensing some improvement already from within. Today , the fourth day we are going to concentrate on Credit Cards

Analyze the payments you are making for all your credit cards every month. Ask yourself if you really need the number of credit cards that you own. If not surrender some and have as less as necessary.

Also make the monthly bills on time to keep a clean record of your credit score. Make use of offers given by the credit card companies. Do not fall victim for marketing gimmicks and buy a credit card on an offer as the APY might be a lot higher compared to the traditional ones without offer.

Determine how much credit card debt you owe to the company and start allotting a considerable amount every month.

Thats it!!! We are done for the day. This will not take more than an hour to analyze. So you can go to sleep with a satisfaction that you have completed more than 50% in your attempt to fix your finance.

Somehow frugality has always been linked with giving up pleasures of  life. According to me it is a very wrong notion. You could enjoy all the small and big pleasures of life while still saving money.

Here is a list of things you could do to reduce your spending:

Sell the Items you don’t Use Anymore:

Find out the items that you have not been using for a long time and sell them. It might be your old books, CDs or even a home appliance. Sell them, create some more space at your home and enjoy the free space and money that comes out of selling.

Save on Energy:

Replace light bulbls by CFLs and LEDs .

Unplug aplliances when they are not working.

Switch off lights and fans when you leave the room.

Seal the air leaks in your home.

Do a regular maintenance check on all appliances.

Save on Cell Phone:

Unless you have a valid reason to use cell phone heavily, replace your plan to pay as you go. Try using Skype whenever possible and reduce the frequency of using your cell phone.

Buy the Regular Stuff in Bulk:

Be it oil, soaps or even your body spray, if you are something regularly, buy it in bulk for it comes cheap.

Make use of a Library:

The next time you want to watch a  movies or read a book, think of signing up for a library membership.

I am a huge fan of  finance blogs and never fail to update myself time and again with what experts have to save. So i thought why not share with my readers 5 blogs i think that would be useful for them to save money?

So here we go

My Good Cents

For those who want to be informed of shopping offers, deals, best buys, coupons and give aways, this blog is just perfect and has a lot to offer.

Simple Dollar Truth

This is one of my most favorite Personal Finance blogs and i simply love their content.

Frugal Dad

This is another favorite personal finance blog with a lot of useful information, interesting and humorous articles.

Lower My Energy Bill

If your looking for ways to save money on your utility bills then this is the right place to see.

Hillbilly Housewife

If you are looking for delicious recipes to be made at a cheap cost then there are many mouthwatering frugal recipes here.

This is my list. What about yours?

‘ Rich’ i can say without an iota of doubt that this word brings abundance happiness to most in the world. However not everyone is destined to enjoy its company. A very few have what it takes to reach the top. However there are people who succeed in appearing rich. Hence its important to decide whether you want to be rich or just appear rich. Want to be both? Then your last name has to be Jobs, Gates, Clinton or Ellison, so lets forget about that for the moment and get to the reality.

Lets now discuss about people who appear to be rich. These are people who own a luxurious apartment, a dazzling car , jewels and clothes that are in par with today’s trend , inspite of the fact that its beyond their range of affordability.

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