Coupon Codes and Rewards Cards: 6 Money Saving Tips
6 Money-Saving Tips to Remember This Year
Are you planning for retirement? Do you want to take a dream vacation? Have you been thinking of buying a new car? Saving money is an important part of reaching your goals, but learning how to save can be tricky. Fortunately, there are a few things you can do to start saving money regardless of your current financial situation.
1. Use coupons
Coupons aren’t just for groceries. You can use coupons for almost anything you need to buy. Even if you choose to shop online, consider doing a quick Internet search for coupon codes and you’re likely to find something you can use. Booking a discount trip? Search for a Bookit promo code and you can save 20% off your trip easily. Even if coupons are only for a few dollars off the total price, you’re still saving money you can use for other things.
2. Use Cash-Back Rewards Cards
If you can trust yourself to use credit cards, then use a cash-back rewards card that gives you actual money back on your purchases. It’s a passive way to get money back while doing nothing extra to get it. If your credit isn’t great, there’s some easy credit cards to apply for and get money back in your pocket. Just don’t go on a spending spree!
3. Stop impressing people
It’s natural to want people to like you, but impressing people can be expensive. Whether you tend to buy new shoes or splurge on expensive lunches with your friends, it’s important to realize that these expenses can quickly spiral out of control. When you’re trying to save money, try not to impress anyone. Remember that your friends should like you for who you are and not whether or not you’re willing to spend money in order to hang out.
4. Be open
While talking about money can be embarrassing, try to be open with the people around you when you’re trying to save. Let your kids and spouse know you’re trying to reduce your personal costs. This way, they won’t be shocked when you’re eating out less as a family or when you start selling your old DVDs online for extra cash.
5. Cut the subscriptions
Finally, reduce the number of subscriptions you have. Whether you subscribe to Internet movie streaming services, magazines or delivery boxes, subscriptions can be quite pricey. Try to cut back at least half of the things you subscribe to and you’ll be surprised at just how much you’re able to save.
Whether you want to make a down payment on a new home or save money for college, make sure you’re doing everything you can to start saving money. Remember that even small lifestyle changes can quickly add up to big savings and push you closer to your goal.
6. Stop drinking
Whether you like to drink alcohol, coffee or soda, chances are you’re spending a lot on your daily beverage of choice. One of the simplest ways to reduce your spending and start saving money is by cutting out drinks. This can be a difficult change to make, but an incredibly lucrative one when you notice just how much money you’re really spending. Consider reducing the number of drinks you buy each day. Instead of coffee or juice, try water. You can even add fruit slices for extra flavor.