What method or technique of saving money could an American family use to be financially stable and secure in the future?
According to Pew Research center, "Fully six-in-ten adults (61%) with family incomes of $150,000 or more say they aren't saving enough money for the future."
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Always carry cash. Use your debit card for groceries and gasoline only! If you must use your credit card, pay it off immediately. Huge credit Card balance, put your whole pay check on it and only take out what you need to live. Compounded interest is a killer! www.intimateattitudes.com
buy useful, ethical, green, and clever.
Replace individual phone plans with family phone plans
Replace gas guzzling SUVs/Trucks with smaller, more fuel efficient, used cars.
Replace going to cinemas with watching DVDs at home and put the difference in money saved in a saving account in a bank.