by Al Ambrose Photo by Karolina Grabowska
So you said you were going to get your finances together and be finally financially free. Here is my suggestions based on the things that I did to gain my financial freedom and hopefully it can benefit you. Saving money and achieving financial freedom are important goals. Here are 10 ways to save more money and work towards financial freedom in the new year 2024: 1. **Lower Cost Internet and Cable**: Search for new internet service providers offering unlimited high-speed internet for as low as $55 or less a month. Consider purchasing the equipment to save on monthly costs. 2. **Insurance Savings**: Update your insurance policies. For example, having a security system installed in your home or working from home may entitle you to savings on your homeowners and car insurance policies. Having a maid or housekeeper at home while you're away can also lead to a discount on your homeowner's policy. 3. **Subscription Services**: Review and consolidate your subscription services. Many phone carriers offer promotions that include free streaming services. By canceling unused subscriptions and finding free content online, you can save a significant amount of money. 4. **Budget Review**: Analyze your budget and look for areas to cut costs. Consider asking your utility companies about saving programs and free energy saver equipment provided by some local municipalities in cooperation with utility services. 5. **Go Solar**: Explore incentives offered by government agencies and municipalities for installing solar panels. Additionally, switch to solar-powered outdoor lighting to save on long-term lighting costs. 6. **Cook at Home**: Learning to cook meals at home can lead to substantial savings compared to eating out. It's also a valuable skill and a delicious hobby. 7. **Start a No-Cost Business**: Consider starting an online business with supplies you already have at home. You can offer services or act as a middleman to generate revenue. 8. **Family Savings Program**: Involve the whole family in saving efforts. Create a family savings plan or a group piggy bank to encourage everyone to contribute to reducing costs and increasing income. 9. **Use Money-Saving Apps**: Explore apps that help you save and earn money, such as cashback apps for gas and dining out. Consider sharing these apps with family and friends to earn additional rewards. This free app gets you cash back on gas! Use promo code AL882 to get an extra 20c/gal bonus on your first purchase. https://upside.app.link/at3gXQ5ZZFb 10. **Affiliate Marketing**: Explore affiliate marketing as a way to earn passive income by promoting products or services. There are various affiliate marketing networks that offer opportunities to earn extra income. https://shareasale.com/r.cfm?b=40&u=1953445&m=47&urllink=&afftrack= By implementing these strategies, you can work towards saving more money and achieving financial freedom in the new year 2024. As a bonus because you stayed till the end... 11. **Consider moving out of the United States** If you're located in the United States or a Western country with a high cost of living you should seriously consider moving. As many of you may know, if you follow my post I live in the Philippines now. I moved there in November of 2023 because I did my research and wanted to have a semi-retired life style with a lower cost of living and great weather. I don't recommend it all of you come to the Philippines but I do recommend that you seriously look into relocating to a place where you have a lower cost of living whether that gives you a vacation lifestyle and gives you the amenities that you have grown accustomed to. If you do it right you can save 60% to 70% on your living cost overall. I am living my best life now that I've relocated. I am also able to run successful businesses. If you would like to learn how you can enjoy financial freedom and live the life you always wanted. Please click the link below and gets some free consultation. https://www.nbvllc.com/expat-services Please Note: All the links in this post are clickable and provide great resources, and we may get some benefit from them monetarily. We are affiliate/partners with a few of the service providers.
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