The Five Commandments For Boosting Retirement Savings

Want to get more out of five commandments boosting retirement without the guesswork? Below we walk through the essentials in plain language, with practical steps you can use right away.

Key Takeaways

• SharePin5Tweet17Share224 SharesAnd On The 8th Day, They Saved For Retirement Don’t make the unholy mistake of shortchanging your retirement savings.
• In the midst of life’s daily demands, it’s straightforward to do so.
• But it’s also not terribly hard to squeeze some money from your everyday spending to bulk up your retirement plan.
• Here are a few surefire methods to make some minor changes that can result in large increases to your retirement savings.

Is Five Commandments Boosting Retirement Worth It?

Worth noting: there’s a much better method to stay stocked up, and save a bundle while doing it: Try an online subscription service like Amazon.com’s “Subscribe and Save.” Amazon allows you to set a regular schedule for delivery of products ranging from dish soap to pet food, and provides you an added discount for doing so. Best of all, you don’t have to lug heavy packages from the grocery store, and can cancel the service any time.

Other sites, like WalMart.com, offer free shipping and other discounts on bulk purchases of everyday goods. Cut The Cord Does your cable bill have you tied in knots?

Where the Real Savings Hide

More importantly, there is a method to get untangled: Drop the cable in favor of a digital broadcast antenna, a mail-in or streaming DVD service, and Internet television and video. It’s called cord-cutting, and it’s a low cost method to get all the entertainment you wish, and none of what you don’t.

It can take a bit of time to sort out the right services to fit your requires, but the savings can be substantial. Just one word of caution: if you live far from a broadcast signal (check antennaweb.com), watch tons of sports, or can’t wait to watch demonstrates from premium channels like HBO, “cord-cutting” may not be for you.

A Closer Look at Five Commandments Boosting Retirement

Remember that be Ready, And Willing, To Switch Cell Phone And Cable Carriers Your cell phone and cable companies don’t wish to lose you, and they frequently have the financial resources to take a hit for a shopper willing to put up a small fight. Come contract renewal time, consistently research other wireless choices and negotiate with your carrier for a better rate.

If they refuse to match or beat a competitor, be ready and willing to move on. It’s a hassle for a day or two, but the savings are frequently worth it.

What to Know About Five Commandments Boosting Retirement

As a rule, you’ll then be paying more for your retirement, rather than for calling your mother. Do It Yourself That leaky faucet, squeaky windshield wiper and dusty car don’t require a professional: They require a few bucks and a few minutes of your free time.

When it comes to small maintenance tasks, it’s frequently better to address it yourself than pay a tradesperson $75 for a job that takes 15 minutes or less. Don’t know how to snake a drain or fill that nail hole in the wall?

How Five Commandments Boosting Retirement Really Works

In short, check out the dozens of do-it-yourself Web sites online. With free videos and step-by-step written guides, they can assist you fix it yourself and save a bundle in the process.

Keep Texting, The Right Method Texting has become one of the most convenient methods to communicate. Too bad cell phone carriers charge you up to 25 cents per text for the privilege.

Getting the Most From Five Commandments Boosting Retirement

Worth noting: even $5 for a block of monthly texts robs you of $60 a year that could be put to solid apply in a retirement account. Services like Google Voice offer unlimited text for the best price of all: free.

Most require a new number to send the text, but the short-term hassle of sending an e-mail to your contacts asking them to update their phone books pales to the long-term upside of compounded retirement savings. (One caveat: most free services offer limited support for photo, audio or video messages, but those highlights are in the works). Conclusion Search near and you’ll find a ton of methods that you and your family can save, and begin boosting your retirement savings.  Just begin tracking your spending each month, and figure out where the leaks are - and begin plugging them!

Tips That Make a Difference

More importantly, have your own favorite methods to save to boost retirement savings? Tell us in the comments!

Matthew Malone writes for the leading Roth IRA and online retirement planning resource, RothIRA.com. He is a CBS SmartPlanet contributing writer whose work has appeared in The New York Times, Cosmopolitan, Smartmoney.com, Fortune.com, Forbes.com, and other publications.

Common Mistakes to Avoid

Remember that how To Stretch Your Retirement Savings In Your Golden AgeFifty percent of baby boomers have $100,000 or less saved for retirement. Here are some methods to make the retirement savings stretch.

Frequently Asked Questions

How can I save money on five commandments boosting retirement?

Compare prices across a few retailers, look for active coupon codes, and time bigger buys around sales events. Best of all, you don’t have to lug heavy packages from the grocery store, and can cancel the service any time.

Is it worth shopping around for five commandments boosting retirement?

Usually yes. Other sites, like WalMart.com, offer free shipping and other discounts on bulk purchases of everyday goods.

What should I check before buying?

Read the terms, confirm any code still works, and factor in shipping or returns. Cut The Cord Does your cable bill have you tied in knots?.

Smart Ways to Save More on Five Commandments Boosting Retirement

• Compare the final price including shipping, not just the headline number.
• Check for student, military, or first order offers you may qualify for.
• Time non urgent purchases around major sale events for the deepest cuts.
• Leave items in your cart for a day; some stores send a follow up discount.
• Pair cashback with a coupon so you save twice on the same order.

Final Thoughts

Put these ideas to work and five commandments boosting retirement gets a lot less expensive. Bookmark this page, check back for fresh deals, and let the savings do the talking.

Originally published at biblemoneymatters.com.