Money saving idea * cheapest mortgage interest * reduce food bills * pay off debt * increase income * money saving idea * lower gas and electricity costs

If you took up the first two money saving ideas as mentioned on the previous page you should already be a few thousand pounds a year better off. The next steps are to organise your affairs so that you can save more money and put yourself in a position where you never borrow money again unless it is to invest in property or other business ideas that will make you a profit over and above what you borrow.

Most people live off credit of one form or another because they either believe that is the only way they will ever own anything, they simply believe that it is their right to own nice things or they have got themselves in the loop. The loop is where they owe so much money on credit, they are simply working to pay off interest every month and never get ahead of the game.

They work every month to pay their mortgage, interest on loans, credit cards and store cards and have to keep borrowing to stay on top. As much as 50% of everything they earn goes into the coffers of the companies that leant them the money.

Money saving idea number 1 - How to cut your food bills in half

Money saving idea number 2 - Pay off your credit and store cards

Follow my money saving ideas, pay off all your debts and start to accumulate wealth.

Money saving idea number 3. You can cut the costs of your electricity, gas, telephone and mobile telephone bills with this money saving idea. You can cut your bills even further by turning the thermostat down a notch or two, using energy saving light bulbs, switching lights off when you leave a room etc.

If you took up money saving idea number 1, the sex diet, you are probably already going to bed an hour or two earlier and that will save on electricity.

Why go out to work and then pay more for your utility bills - it makes financial sense to switch.

This all may seem pretty trivial stuff but if you cut your electricity, gas, telephone and mobile phone bills down by just £20 per month each you will be saving close to £1,000 per annum. Add that to the £5,000 to £7,000 you are already saving by adopting my other money saving ideas and you are getting close to £10,000 better off a year.

Now you can see why you have no money and are simply going out to week to give your money to the large companies who feed off you.

You can even earn money by introducing your friends to this money saving idea. This is the first of my money making ideas.

Life should be a profit making venture. My ideas will save you money, help you make money and start to accumulate wealth. It is all about ensuring that your outgoings are less than your income.

People actually make a living out of my money saving idea number 3 and do it as a full time occupation. By introducing your friends, you will be earning money every time they use their phone or switch the light on. If you just earn £40 per week out of a little part time effort and that equates to £2,000 per annum and takes you up to being £10,000 a year better off.

Money saving idea number 4. Why paying cash is 75% cheaper than buying on credit. I never buy anything on credit for a number of simple reasons. 1. I follow my own advice. 2. Because I follow my own advice I can afford to pay cash. 3. Paying cash means I can either negotiate or wait till the sales when I will have the cash to buy whatever I want. 4. Buying on credit over 5 years will most likely double the end cost of any product.

If you buy on credit something that costs £500 will end up costing close to £1,000 by the time you have paid for it. Buy in the sales and pay cash and it will most likely cost you £250. Companies want you to take out finance agreements or insurance guarantees because they make more money from that than selling you the product. Don't let them make money from you.

This isn't being mean, it is being sensible and acting intelligently. Running around borrowing money and spending on credit cards is foolish and stupid. Patience is a virtue, manage your finances, accumulate money and start making your money work for you.

There are hundreds of ways to save money, it just takes commonsense and a little practice. Here are some more of my best money saving ideas.