Saving money is something we should all do right now, but how can we make it easier? Here are 5 great tips to save a little cash and still maintain your social life!
1. Enlist the Help of Friends.
Your friends may be feeling the same money crunch that you are and what better way to get through it than with a little help from your friends? Instead of meeting out at a restaurant for dinner, why not take turns hosting at each other’s houses? Have everyone bring a separate dish and get ready to sit down to a great meal with friends! If staying in is not an option, consider meeting just for dessert or appetizers.
2. Cut Coupons.
Coupons are everywhere today and there are a lot of web sites, magazines & newspapers that can help you get the most bang for your buck while visiting the grocery store. The percentage that you save off of your grocery bill can vary from store to store; your store might double coupons and that can help you save even more money.
3. Use that Cell Phone
Speaking of cutting things; do you still have a land line telephone? If you have both a land line and cell phone, consider disconnecting your land line. Some employers require that their employees have a land line but most have realized that we carry our cell phones with us all the time and land lines are really no longer a necessity. Re-evaluate your cable or satellite coverage too, do you really need over 260 channels?
4. Pay Bills on Time
It may not seem like a big deal if you are just a few days late, but companies like to tack on large late fees and this makes your bill sky rocket. If you find that you need to make a payment arrangement call your creditors; most companies will be more than happy to work with you. Work hard to pay off your credit card debt as quickly as possible.
5. Create A Budget and Stick To It.
Make a goal that you would like to reach. Your goals can be as big or as small as you would like them to be. They can be anything from a new camera, to a vacation. From here, plan out a budget that will bring this goal to fruition. When you have to give up that next cocktail, remember that camera or vacation and why it’s worth it!