How do i Save Money

Looking to save money? Nowadays, thats not such a bad idea. There are a lot of simple and effective ways to save a little extra cash, so listen up and get ready for three ways to satisfy your wallet’s hunger.

1. Keep a time capsule. (No, not a REAL time capsule.) Im talking about a box that you put $5 to $10 dollars in every week for as long as possible. (and do not bury it!)I would use a video game case or something like that. Something that can be hidden or put under a mattress. If you are saving up for something that you would really like to purchase in the future, put a picture on the front of the case or box to remind yourself not to go and blow the money on something you’ll regret buying when you get home.

2. Beware the fine print! Once again no. I am not talking about ingredients in fattening foods. I am talking about contracts. When applying for bundle packages, credit cards, or anything else that sounds too good to be true, think about if it actually IS too good to be true. By the way, commercials are the best at scamming people into thinking that they are getting a good deal. The credit card advertisement may claim to LOWER YOUR PAYMENTS! or give you 1000 FREE REWARDS POINTS!, but after closer examination, you may find that 1000 free rewards points only apply after a 4 year contract and a subscription to a magazine. So what you ask? Well, if you decide to end your contract early, you might have to pay a contract termination fee of anywhere from $200 to $1000. Like I said, beware the fine print!

3. Compare prices and wait for sales. You are more likely to reconsider if the product you want is actually worth it. Think about how hard you worked for the money you earned. Also, after having read many online articles by financially wealthy CEO’s, one of their tips is to stop on-the-spot buying. Ever since the dawn of the internet, millions of stores have their products prices and descriptions available online. There is no excuse for not getting the best deal on a product when finding the cheapest deal is at your fingertips. 

In this costly economy, saving money is key. As a wise person once said, “Look after the pennies, and the dollars will look after themselves.”