- Shop smarter
- Save your spare change
- Automate your finances
- Avoid credit cards
- Create a budget
Shop smarter this summer by looking around for the best price before you purchase. Look for online coupons and sales and try purchasing some items in bulk to cut down costs. Need a little more help finding the best prices on the items you need? Download an app like ShopSavvy that will allow you to scan or search for items to compare them in real time.
A simple way to save without feeling like you are putting away more than you can afford is to save your spare change. Create a change jar where at the end of each day you drop your spare change into. Over time it will become a habit and it will be like having a simple savings “account” stashed away for a rainy day.
Avoid late fees and overdrafts by automating your finances. You can also automate your savings account as well, with as little as $5 a month. After all, anything is better than nothing when it comes to savings!
It’s easy to not realize just how much we are spending each time we swipe our credit cards. Avoid building up your credit card bills by sticking to cash or your debit card. That way you aren’t spending anything you don’t have.
The best way to save is to create a budget so you know exactly how much money is coming in and out each month. Work your monthly savings into your budget, even if you are only setting aside $5 to $10. It will get you in the habit of setting money aside each month and as your income grows, so will the amount you save.
Remember, if you are ever running short a personal loan can help you out. Reach out to Check Centers today to see how our team can help you out!