Saving Money Begins With Budgeting and Coupons

by Benjamin Urrutia 12/01/2019

Whether you're trying to balance your household budget or save money to buy your first house, discount coupons can help.

Coupons alone are not a panacea that will cure budgetary woes or enable you to quickly save up for a real estate down payment, but they can play a role in achieving your financial goals.

Building up your financial nest egg or saving thousands for a down payment requires planning, organization, and motivation. While this may sound like a steep mountain to climb, the biggest challenge involves examining your values and overcoming self-limiting habits and beliefs. If you're convinced, for example, that it's impossible to save money and get ahead, then those beliefs will slow you down, if not sabotage your progress, completely.

There are a lot of reasons why discount coupons are not an effective money-saving strategy for many people, but it often boils down to three things:

  1. Disorganization: Although coupons are a marketing tool used by businesses to get consumers to buy more products and services, it's often a "win-win" situation. If a coupon happens to be for product that you need or would ordinarily buy, then it's like having extra money in your wallet. For some people, putting the coupons IN their wallet is a good way to make sure they have them when they're at the checkout counter or drive through.
  2. Pride: There's nothing undignified about using coupons, unless you have such a large stack of them that you're causing people behind you to roll their eyes, sigh loudly, or grumble under their breaths! And speaking of misplaced pride: If you're over 60, don't hesitate to claim your senior citizen discounts at restaurants, the theater, movies, public transportation, museums, car rental places, and hotels. Those savings can really add up!
  3. Lack of planning: When your trips to the grocery store are planned, rather than sponteous, you're a lot more likely to remember your coupons and your shopping list. By having your coupons with you and knowing what you need to buy, you'll be more focused and tend to spend less money on impulse items.
Effectively managing your household budget or saving money for a house down payment is usually the result of multiple strategies, rather than just using coupons or doing comparison shopping. One of the first steps to gaining control over your finances involves examining your cash flow situation. Itemizing your expenses and deducting them from your income will give you a clearer idea of where your money is going and how much you have left at the end of the month. By listing your expenses and disposable income, you can often identify "leaks" in your cash flow and find ways to stretch your dollar farther. When you assign yourself the job of "gatekeeper," you'll be surprised at the many ways there are to tighten your belt, without making major sacrifices in your lifestyle.

About the Author
Author

Benjamin Urrutia

About Benjamin:

“His leadership, business, and real estate knowledge make it possible to achieve a win, win for his clients. It is clear that his MBA helps make a property decision a better decision for his clients.”

Timothy M. Ricke –
Entrepreneur of the Year
  • “Would it serve you better if your Realtor(R) were also a real estate investor with an MBA?”
  • Why choose Benjamin?
  • * Full-time real estate professional
    * Specialized in the residential sector in metropolitan Orlando
  • * Commercial Properties (Shopping Centers, offices, land, multi-families)
    * Bilingual Spanish & culture provides quality service to his clients.
    * His background is decisive to ensure that you get the best deal ever.
    * He has over a decade of experience.

*Technology Resources – He has the technology and resources to generate demand for your property, provide buyers with the detailed information they desire, and have the ability to respond instantly to online inquiries.

Benjamin's Specialties:

  • International customers • Relocation • First Time Buyers • New Homes • Buyer;s agent • Short Sales, bank-owned properties • Investment properties – Commercial Properties.

Additional Continuing Education

  • Analysis of Income Producing Properties
  • Introductory course on Commercial Real Estate
  • Foreclosure properties for buyers and sellers
  • Certified on International Transactions, TRC.
  • Certified Relocation Specialist.
  • Five Star Institute bank-owned properties certified.
  • Short Sale and Foreclosure Resource (SFR) Certification

Professional Associations:

  • Orlando Regional Realtors Association, ORRA
  • Florida Realtors, FR
  • National Association of Realtors, NAR
  • Orlando Regional Commercial Council
  • Central Florida Commercial Association of Realtors
  • Budget and Finance Committee of the Orlando Regional Association of Realtors
  • Global Real Estate Council, GRECO. International buyers and sellers
  • National Assoc. of Hispanic Real Estate Professionals, NAHREP

Other Associations:

  • Toastmasters International, past club president
  • Financial Executives Networking Group, FENG
  • Rotary Club of Maitland, Paul Harris recipient.
  • 2016 and 2017 Orlando Regional Realtor Association Honor Society
  • Gold Key Certification on providing superior service to customers
  • Art and History Museums of Maitland - Maitland Florida - Board Member

As a practitioner and advocate of quality customer service, Benjamin is reliable, loyal, dependable and intelligent real estate expert. His academics include engineering (BS Civil Engineering – University of Illinois), MBA (Majoring in Finance – Loyola University of Chicago), and a Marketing degree (ICESI University – Cali, Colombia)