7 Easy Ways You Can Save Money
Simply trying to keep up in today’s society is an expensive task. It’s vital to find ways to hold on to your money and plan for the future. Use these 7 tricks to help you save money!
1. Stop Watching TV
When’s the last time you went a full day without being exposed to an advertisement? Ads are everywhere, and they’re getting harder to avoid. You can do yourself a huge favor by shutting off your TV for a few extra hours every day. Even if you ignore ads, they still affect you on a subconscious level. Focusing on your side business or learning through reading books are much better uses of your attention.
2. Sell Stuff You Don’t Need
A lot of people don’t want to get rid of anything, and they quickly develop a collecting problem. There are probably a ton of items around your house in good condition that you don’t even use. Throw up an advertisement on your local internet board and see if you can make some extra cash. You can sell things like old electronics, clothes in good condition, shoes and whatever else you’re not using. Selling the additional items around your home is a healthy habit to develop instead of just throwing them away or letting them take up space in your basement.
3. Research How Much Interest Your Bank Is Giving You
Chances are your bank isn’t giving you the best interest deal possible. It’s worth your time to explore some options outside of your bank and compare where you can get more value. While interest rates aren’t as high as they were in the past, it’s still an easy way to get your money working for you. A lot of large banks also offer lucrative bonuses for signing up in addition to better interest rates and possibly better options for mortgages. Don’t feel like you have to stick with your bank out of loyalty.
4. Use Lists To Curb Your Spending When It’s Time To Shop
Whenever you go shopping, make a list. Without a list, it’s far too easy to spiral out of control and buy everything that looks pleasing. A list helps you keep your budget in mind which will limit your impulse buy. Grocery lists are especially important as you need to ensure you’re buying items that fit in with your health goals.
5. Invite Friends In Instead Of Going Out
There’s nothing wrong with a night in, especially if it’s going to save you some cash. Going out for the night is fun, but the costs quickly add up. Eating at restaurants and pubs quickly gets expensive especially when you look at how much food you’re getting for the price. Drinking alcohol at home with some friends is also far cheaper than buying $6 drinks at the bar. Try and find a balance between going out and staying in.
6. Pool Your Internet Costs With A Neighbor
If you’re cool with your neighbors, consider splitting the costs for your internet and cable services. If you can get 3 or 4 people in on the plan, you can end up paying very little for your internet and TV services. If you live in an apartment, this can be a good way your neighbors can help each other out.
7. Increase Your Water Intake
Not only is drinking more water great for your health, but it can also be great for your wallet. Drinking water makes it easier for your brain to sense when it’s had enough food. Water before your meals will help control your portion sizes and save money over time. Drinking water throughout the day also means spending less money on juice, soda, coffee, and tea.