Are you looking for some simple ideas to save money? We have simple solutions that you can easily apply to your lifestyle to save money!

A lot of wasted money is spent on impulse, so before making a purchase, think it through.

Here are 5 things to ask yourself before making a purchase:

1. “Do I NEED this?”

2. “Can I live without it?”

3. “Can I wait?”

4. “Do I have something I already have something similar I can repurpose?”

5. “What else can I do with this money? [perhaps something more useful/important]

Read 5 tips to avoid impulse buying.

Read more money saving tips.

Find out why we are giving you a daily money saving tip and how else we are helping you save money in 2012!