In her free book titled Secret Millionaire, Dani Johnson offers easy ways to spend less and save more each day. She has been interviewed on the Oprah Winfrey Show, ABC’s “Good Morning America,” “The View” and Fox TV, and she hosted a reality show entitled “Secret Millionaire” recently on ABC. Read her free book to learn how this woman transformed her life from being a pregnant 17 year-old on welfare and homeless to a millionaire at 23. Today, Dani Johnson is a multi-millionaire entrepreneur with five companies, books, videos and she still extends a helping hand to others, an essential part of her secret formula.
Here are some of Dani’s basic spend less, save more tips for you to try:
- Spend less than income
- Save regularly
- Use coupons, but only for things you normally buy or new things you want to try
- Eat what you have before you buy more
- Cut the fat and pay cash
1. Spending less than your income will automatically allow some savings. This only makes sense. If you spend more than your income, you will necessarily need to either borrow money or use credit cards to make up the difference. That detracts from future income and adds to your debt load of bills.
2. Save regularly, even if it is only a dollar. Put something away. If you only can save a dollar each payday and are paid weekly, that will be $52 extra a year. Something is better than nothing, and as savings grow, so will your contributions as you want to see that nest egg get bigger over time.
3. Coupons are the same as cash, only it is cash that you do not have to lay out at the checkout. Don’t use coupons just for the sake of using coupons; be smart and only use them for items you normally would purchase or when you wish to try some new product. Use at stores that double coupons for additional savings.
4. Eat what you have before you buy more. You do not need $3000 worth of unopened groceries stacked in your garage like some extreme coupon devotees accumulate. Shop with a list, stick to that list, and make the list up in advance by consulting store sale flyers and website ads. Plan meals ahead; eat what you have on hand before you go buy more. The more you can stay out of the store, the more money you can save.
5. Pay cash and stop using credit cards. This eliminates wasting money on interest and fees.
Another big part of this program is to start today. Don’t wait another day. Stash away pennies if that is all you have; the important thing is to begin a savings habit. Make up your own working budget, track your expenses, find new ways to save and cut corners. Then, find someone else that you can help in their life struggles. The payoff belongs to you! You can order Dani’s free book for just $7 S&H from her website.
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