It is hard to figure out how to save money if you do not first look at your spending habits. Take a peek at your most recent bank statement to see where all your money goes on a daily basis. Where are most of your purchases? Do you visit the ATM on a regular basis? Are you paying too much for items that could be bought at a lower rate?
If you notice that most of your purchases are made at the same place, find out if that place has any type of loyalty program. Some companies like to reward their loyal customers by offering discounts or free items after so many are purchased. It is certainly something to look into the next time you think about buying something.
If taking money out of the ATM is something you find yourself doing quite often, realize that you are probably paying a fee every time you do it. Even if your bank does not charge a fee, you could still be charged one by the ATM you are using. Sometimes those fees could be upwards of $5. If you go to that ATM 5 times a month, that’s $25 extra that could have been avoided. Figure out how much money you will need for the month and only visit the ATM once to save $20.
If you think you are paying too much for certain things, give the company a call to see about lower your rates. For example, you may be paying too much for your insurance policies. If you call us we can see if you qualify for any discounts or credits on your current policies. We can also offer you quotes on new policies that may save you money in the long run. Just give us a call. And we can help.
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