Looked at your bank account recently and got a little nervous or realized you are using your debit card a little too much? Don’t worry it happens to the best of us. Life sometimes just gets in the way and unexpected expenses come up. However it’s important to have that “rainy day fund”. With these easy tips it will help keep a little more money in your pocket and just in time for the holidays.
Write it down. When we say to track your spending, we don’t mean to write down four of your small purchases and forgetting to write that new purse you bought. By writing down all the purchases you make daily it will help you keep organized and realize how much you are spending where ($3 dollars a day at Starbucks? That can add up to over $1,000 dollars a year!). If you are not good at remembering what you purchased or do not want to actually write it down, there are apps and free websites to help you keep track!
Do your research. Being a bargain shopper is nothing to be ashamed about. When looking to purchase a new television, computer, or even car insurance be sure to call around, check online, or go into the store to get prices. You can save a lot of money by just calling and finding out more information on prices and rates.
Save your change. When you were little we’re sure you had a piggy bank and believe it or not mom was right, save your change! Get a 5 gallon water jug and place all your coins in it. By the end of the year you could have over $100 dollars or more (especially if you throw a couple dollars in there every once and a while.) It’s a good idea to see if your bank participates in a program such as Bank of America’s Keep the Change program or Wells Fargo’s Way2Save program.
There’s an App for that. There are numerous apps and websites to help the everyday consumer to save money. For instance, mint.com, is a free website that allows you to link your bank accounts, loans, investments and credit and debit cards and helps you keep track of what you bought, what you have spent, etc. It also allows you to create a budget for yourself. This website is great for being able to really see where you are spending all your money (color coded and everything!) Also be sure to check out budgettracker.com, budgetpulse.com or buxfer.com.