If you’re saving for a new house, school fees for the kids, or even the upcoming holidays, it can be hard to figure out where to cut costs. When it comes to savings, every cent counts, and you can often make a few extra dollars each day in ways you didn’t think were possible.
Use a credit card with price protection
One of the most effective ways to save money is with your credit card. If you use a price protection credit card, you ensure that you’ll be paying the lowest price possible for everything you buy. When you make a purchase using an eligible credit card, you can find a lower price for the item within an allowed timeframe. If you do this, you’re able to file a claim using your receipt and proof of the lower price. If your claim is accepted, you’ll be reimbursed the difference.
Get in contact with a lawyer
Although lawyers are known for being expensive, they can actually save you a lot of money. A business litigation lawyer is the best option if you want to consult a professional about a minor legal issue, such as money saving. They can help you take advantage of tax breaks which you may not otherwise be aware of or stop you from making any costly legal mistakes. In addition to this, they’ll review all of your leases or contracts for any new business endeavors. Don’t worry, you don’t have to have a specific legal issue to request the aid of a lawyer, and getting professional help can often ease the stress which comes with cutting costs.
Start using an online bank
Digital banking means you’ll be using an app for most of your finances. The money saving advantages of using an online as opposed to a brick-and-mortar bank are quite significant. For one, they offer a better interest rate for your savings. Not only can you make more money, but with an online bank you also pay fewer fees and don’t need to make a minimum deposit to open an account.
Get paid for your hobbies
Whatever hobbies and interests you have, there’s probably a way to make money from them. If you head over to sites such as Fiverr: a digital marketplace for services ranging from writing to graphic design, you’ll be able to get clients to pay for the work you do in no time. On the other hand, if you’re talented at anything crafty, such as jewelry making or crochet, why not sell your products on Etsy or Depop?
Think about what browser you’re using
One simple change you can make to help save money is switching your browser to incognito mode. This means that you can browse the web without having any saved cookies, login information, or auto-saved forms. As well as decreasing the amount of targeted ads you get, which will prevent you from making unnecessary purchases, this will stop prices of items you do want to buy from increasing. Yes, if you continue to look at a product online, the price will likely go up because your saved cookies highlight that you’re interested in it.
With these five simple tips, you’ll be saving money in no time. You’re in the know now, so there’s no excuse for not making the changes that could hugely improve your life in the long run!
