Six Ways to Save Money Very Easily
Start saving today
Financial experts today recommend having at least six months of living expenses squirreled away in a savings account to help you cope with an unexpected change in your financial situation. However, if you already have to pinch pennies just to make ends meet, coming up with amount might sound impossible. It takes time and discipline, but it’s certainly possible. Consider some of following tips to help get you started.
Coupons, coupons, coupons
For years, coupon-clipping moms were mocked in the media for their penny-pinching ways. Today, though, the media have come flocking back, asking for their money saving tips! You too can take a page from their books and start saving money with the coupons that you find online or in local publications. Remember the golden rule of clipping coupons – only clip them for stuff you’ll actually use. Saving $ 10 on a case of baby food isn’t a great deal if you don’t have any children!
Switch to home brew
You’ve probably heard this one before — trading the Starbucks habit for a home-brewed cup of Joe — but for some reason, it’s a budgetary step that few people are willing to take. Try it this way. A cup of coffee at Starbucks can run up to $ 4, which adds up to over $ 1,000 a year if you drink 5 cups a week. Home brewed coffee, or brewing at the office, costs only a fraction of that, which puts more money in your pocket.
Take advantage of free events
Just because you’re on a budget doesn’t mean you have to cut all of the fun out of your life. Plenty of museums, colleges, and other organizations offer free events that are open to the public, including everything from art gallery openings to free cake-tastings to book readings. Check your local newspaper or community website to find out more about free events in your area.
Split an entrée
When you go out to eat, opt to share an entrée with your dining companion instead of ordering separate dishes. The posrtions served by most restaurants are enough to feed two people well, saving money and cutting calories.
Round down at the bank
Some banks offer a service that rounds deposits down to the nearest dollar and re-routes the remaining change into a separate checking account. Say if you were to deposit a check for $ 85.12 into a qualified account, your bank would put $ 85 into checking and the remainder of $ .12 into your savings account. Even if your bank doesn’t offer this service, you can follow this practice yourself by dividing your checks into separate checking and saving amounts.
Right-size your service bills
When was the last time you looked at your monthly cell phone bill? Have you checked since you opened the account? If you haven’t, it’s time to take a peek – you could be overpaying for a plan that includes more minutes than you need. Take a critical look at your cable and interent bills as well. If you’re already paying for premium services you don’t need, cut them and put the extra funds towards savings.
The boring stuff – This article is user submitted and does not reflect the views of this website. This article is educational only and should not be taken as financial advice. To learn more about this topic, please follow the links provided by author the in the article. Links that introduce interesting products to you should be considered advertisements. Some of these links may be of a commercial nature and clicking on them may generate a financial benefit to this website.
Some interesting stuff -
1. A credit repair Book.
2. Start an eBay business.
3. Trading the FX market.
4. A penny stock list.
Related posts:
Leave your response!