By Evan Vitale
Let’s continue and conclude our blog series on finding ways to trim the fat; stay within your budget or just save some extra money for a rainy day (or a vacation), check out these tips that can help you find some extra money.
- Credit Cards. This is also a biggie. If you carry a limit on a credit card, you should try to pay it off as soon as possible to reduce the amount of interest you are paying on that card. Another option is to transfer the balance to another card (or a new card) that offers an introductory offer of 0% for the first year. Then pay it off within the first year that you hold that card. In addition, give strong consideration to calling your credit card provider and negotiate the Annual Percentage Rate (APR) that they are currently charging you.
- Look for Bargains. Overall, this means you should stop paying too much for everything you use in your life. Visit discount and “dollar” stores to find items that you are buying on a regular basis. You’ll be surprised to learn that you’ve been paying too much money for everyday basics, such as paper products, etc.
- Use coupons. This doesn’t mean clip and use every coupon you find. Instead, look at printed and online coupons that match what you normally buy each week, month, etc.
- Buy in bulk. If you use a lot of a particular product, check out the advantages and disadvantages of visiting those big bulk stores such as Sam’s Club, Costco, etc. in order to say money in the long run. Connect with family, friends and neighbors in order to split large cases of products (i.e., paper towels, etc.).
As you have seen in our two-part series, there are some easy and simple ways that you can save big. Start trimming the fat today!
