Irvine, CA (PRWEB) March 27, 2011 –
Personal finance blog MoneyNing.com offers strategies for saving money in its recent post entitled Five of the Worst Ways to Save Money. The post discusses common costly mistakes consumers make in trying to shore up their finances http://moneyning.com/.
Bloomberg.com recently featured an article detailing the specifics of a 0.5% rise in February on the cost of living. It went on to explain that over the past twelve months, consumer prices have risen 2.1%, putting the increase at its highest since June of 2009. The article went on to explain that the cost of energy has risen 3.4%, food prices have increased 0.6% and many healthcare-related expenses rose 0.4%.
Although consumers may be tempted to consider saving money by cutting back on their healthcare costs, this is a money-savings no-no according to personal-finance site MoneyNing.com. A recent post on the money management blog explained that delaying regular medical and dental care can result in costly long-term consequences.
The post, entitled Five of the Worst Ways to Save Money, stated that, “If you are without health and dental insurance…be proactive and look for community resources that can help you get the care you need. In many areas, dialing 2-1-1 can get you free assistance in finding these resources.”
Other missteps commonly made by consumers looking to stretch their limited dollars, according to the MoneyNing.com post, include purchasing cheap items that don’t last and neglecting to maintain our homes and vehicles. To read the post in its entirety go to: http://moneyning.com/money-beliefs/five-of-the-worst-ways-to-save-money/.
David Ning created MoneyNing.com, a personal finance blog, to help others understand the principles that are foundational to good money management including saving money, spending frugally and investing wisely.
MoneyNing.com has been offering up straightforward, no-nonsense advice for saving money since its launch in 2007. Since then MoneyNing.com has attracted a following of more than 300,000 monthly visitors and the attention of various news syndicates. Posts from the personal finance blog have been featured on the NYTimes.com, Time.com, and USNews.com.
Subscribers of MoneyNing.com receive a copy of David Ning’s eBook How to Save Money on Everything. They also receive a weekly newsletter and are given access to a mini course on frugal living and saving money.
Go to http://moneyning.com/announcements/the-free-frugal-email-newsletter/ to subscribe.
Visit MoneyNing.com to read about saving money visit http://moneyning.com/.
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