10 Tips for Saving Money
You may not dominate the economy, but you dominate the actions you take. A tribute to balance, here are 10 ways to manage your finances.
Track your costs. Knowing where your money goes makes it easier to make changes when needed. Use BALANCE's FritterFinder form for a week or two to find out where your money is heading. Separate desires and desires. Do you really need that 42-inch flat screen TV? When money is tight, you shouldn't spend it unless you really need it. Avoid using credits to pay invoices. It's easy now, but using credit will only increase your monthly payments in the future. Please save it regularly. Deposit part of your salary directly into your savings account or set up an automatic transfer from your check to your savings account each month. Please check your insurance policy. Check coverage for all plans. Sometimes it's too much money to waste, and sometimes it's too little to be properly protected. Virginia CU Insurance Services can help you find the best coverage at the best price. Be careful when spending large amounts of money on regular purchases such as gifts and holidays. You may be happy with spending money, but you may wish you had it later. Reduce or downgrade service. Can I get a cheaper cable package or don't have any cables? If you have a mobile phone, consider unplugging your landline. Try lowering your energy bill. If you don't need it, turn off your appliances and lights. Buy energy-saving light bulbs. If possible, use a fan instead of an air conditioner, or wear a sweater instead of turning on heating. Consider signing up for online invoice payments. Not only can you save stamps, but you can also ensure that payments are received on time. VACU online bill payment is free for members. Reduce takeaway orders. Food isn't expensive, but it's really worth doing often. A $ 10 pizza once a week costs over $ 500 a year.