While it sure may be easy to spend money, but when it comes to saving, that’s where it becomes a little more difficult because it actually takes some sacrifices and self-discipline in order to cut back on expenses. If you are able to save money each month, at least you can then finally put your hard-earned money towards building an emergency fund, paying down debt, or increasing contributions towards retirement. There may be some tough choices, but you’ll instantly notice extra money in your account every month.
Try to Stay Energy Efficient
Now that the air conditioner is kicking on every few minutes during the summer months, you don’t want it to work any harder than it has to, or cool the outside by any means, so it’s a good idea to take a walk around the house and make sure that doors and windows are properly sealed with caulk. In addition, setting your thermostat to be warmer during the day when no one is home, then cooling down as you’re leaving work, and at is coolest during the night, will maximize cost effectiveness, while being the most energy efficient you can.
Don’t Miss Out on Credit Card Rewards
Credit cards can be great tools to use instead of cash or debit, providing more protection against fraud, don’t have to worry about holds on your account when booking hotel or hotel rooms, but probably the best reason to use a credit card and can be argued to be used for every purchase, are the rewards. Even by making the purchases that you would anyways, you can earn points and cashback, adding up to hundreds of dollars, that you would have otherwise have left on the table by using a debit or credit without rewards.
Do Your Research When Booking
There’s no real science when it comes to booking travel or tickets, it just takes research and patience. There are so many travel sites out there, and most of the time they aren’t any cheaper than booking direct on the hotel or airline’s website, so you have the comfort knowing you don’t have to deal with a third party if there are any issues, not to mention there are always coupons you can find. When it comes to tickets, buying online can come with plenty of fees, so going straight to the box office can save you on service charges, but there is always opportunity to buy on Groupon if there are deals or if many people are unloading for less than face value on sites like StubHub.
Bring Your Lunch to Work
Sure, it’s easy to go to the cafeteria, to your favorite restaurant, or even fast food, but going out to lunch every day will certainly add up, and for a fraction of the price, you can go grocery shopping and buy ingredients to prep lunches for the entire week, not to mention bringing bottled waters or soda so you don’t have to use the vending machine at work either.