Once upon a time, there was a guy named Fred. On the eve of his retirement, he realized that his poor financial planning landed him in quite a pickle. You see, he just flew through life by the seat of his pants and never thought about his future and how he wanted to live in that future. He wound up divorced, living in his big sister's basement, broke and utterly and completely defeated. He did not live happily ever after. Don't be Fred! Here's some of the common mistakes that we inadvertently make and what YOU can do right now to change that. Have A Plan Alan Lakein said, "Failing to plan is planning to fail." This is precisely what happens with many of us who do not make a financial plan. Remember, your financial plan will work only if it is fault-free. 
No Action on the Plan Assuming you have a plan, but do not put in efforts to make it work, it is as good as having no plan. Procrastination is your greatest enemy in this. Work around this and make a success of your life. No Emergency Fund Sometimes things crash, sometimes unemployment happens. By understanding that even if you have the best plan, life does not always go according to plan. This should necessitate you to create an emergency fund covering at least 9 months of your living expenses. This should take care of misfortunes like job loss and the like. 
Budget A budget is imperative for financial planning. Unless you can plan where your money should go, you will not be able to plan your expenditure and balance your cash outflows, leading to a catastrophe. Live Within Your Means Many of us are in the habit of spending money beyond our means to give a general impression about our financial health, even when we probably are up to our neck in debt. Be happy with what you have, and live within your means. Know Your Priorities Mortgage interests are cheaper than consumer debt interests are. Therefore, follow the principle that prudence is the better part of valor, pay up your credit/debit card payments first, and cut your interest liability instead of trying to pay off your mortgage fully. How Putting Energy Saving Practices into your home or business, will increase your cash flow or the bottom line. 
Let us assume that you have planned your finances badly, and at the far end of your career, just before retirement, you are really in a financial mess. One area where you could affect great savings is by initiating energy-saving practices at both home and office. With proper steps, you can increase your cash flow or bottom line. Please see some of the effective steps given below: 1) You could consider installing a power saver device like the Electric Saver 1200, which will considerably increase the efficiency of your electrical equipment in the house, by recycling the wasted wattage arising from the lost efficiency of these products. 2) Programmable thermostats will save you a good amount of money by turning the thermostat 10 to 15 degrees up or down, as necessary, when you are away, and programming it temperature wise and time wise, to re-start to give you a comfortable zone when you return. 3) Replacing your old model power guzzlers like the clothes dryer, air conditioner, heater and washing machine with latest models sporting efficiency stars, is a great way to economize on power consumption, and therefore, your energy bills. For example, replacement of the clothes dryer could get you a power remission valued at over $130 per annum. 4) Having your HVAC systems checked by the competent authorities and effecting corrections based on their advice will surely give you a good annual saving on your power bills.
5) Several other factors like caulking and weather-stripping your doors and windows, using the right capacity of equipment for the right work, using power strips to turn off standby modes in your equipment such as televisions, etc., help to save on your energy bills. 
These are all steps in the right direction to increase your cash flow or bottom line and make amends for your earlier lapses in proper financial planning. And if you are lucky, you have plenty of time to take action now. Enjoy 20+ years of energy savings and put all that $ into something more important, like say... YOU- not your power company. For more information on our energy saving product, visit: http://www.electricsaver1200.com . Be sure to like/share our post because we know your family & friends deserve more cash in their wallet too! Follow our blog for more helpful posts! Thanks for visiting. We hope you enjoyed our post as much as we loved having you here. Source Save Save Save Save
This blog post Don’t Be Like This Guy… Fred is No Fun! was originally seen here ES1200's Energy Saving Tips Blog
Keep track of your energy usage from last year over this year (or last month over this month). Without knowing where you were, it is difficult to see if you are improving or not. Make sure you can compare what is really making an impact on your energy bills so that you can do something to handle the issue.
Today, one of our major concerns is to save money and energy. With energy bills sky high and rates constantly increasing too, it is no surprise you are sick of it. We are too. When you receive your power bill, do you REALLY analyze or EVEN understand what is listed on your bill, or do you just pay it and grumble? Well, that isn't a coincidence. Your power company has spent hundreds of millions of dollars making their power grid more energy efficient so they can increase their bottom line. But, guess what? They aren't installing any of that equipment on your home so you can be billed for what you actually use. The fox is in the henhouse on this one folks. 
Thermostats with a programmable feature are ideal for you to regulate the extent of energy needed by your air conditioners or
