Have you heard the term, “What you don’t know won’t hurt you?”
Did you believe it?
Well it’s a lie. What you don’t know can do a ton of hurt especially when it comes to your finances. Mr. Proverbs Wife and I have fought hard to overcome debt and are well on our way to conquering our final debt… the mortgage.
We’ve come a long way but our successes haven’t come from sticking our heads in the mud and ignoring the situations. We’ve faced them head on and used every opportunity to learn more about how money works and how to make it work for us.
Here are a few ways that we’ve learned to keep more money in our pockets and also earn a little as well.
:: Reward Companies.
I talk…and talk… AND TALK about how much I save using Swagbucks and I hope that it’s sinking in. Swagbucks doesn’t work better for one than it does another. Everyone has an equal chance to use Swagbucks every time they are online to earn virtual rewards. These virtual rewards can be redeemed for gift cards, ipods, ipads and more.
:: Daily Deal Sites.
Since the beginning of 2011, daily deal sites have become a integral part of my money saving technique. The use of sites like Groupon, Mamapedia and Living Social allow me to pay less than face value on clothing for my family, homeschool supplies and more.
Daily deals are easy to use and they reward you for sharing the deals with others. For everyone who joins and qualifies, you can earn between $5 and $10. This is extra money you make from referrals can be used toward your purchases helping you save even more.
:: Begin a Stockpile.
I hear so many people say, “I can’t afford to build a stockpile” to which I reply, you can’t afford not too. I have saved over $1,000 in 2010 by utilizing my stockpile.
Every dollar left over in my grocery budget each month was saved and at the end of the year I had a grocery surplus of over $1,000. This surplus was a result of having a stockpile. Building a stockpile is not as hard as you think. Start today by trying to find areas where you can save. Then read through what I already written about building a stockpile.
:: Save the Change.
So now that you are building a stockpile and saving the surplus, you should also be saving when you shop. Wachovia has a great program called Way2Save where they’ll transfer $1 from your Wachovia checking account to your Way2Save savings account when you:
- Use your Check Card to make daily purchases.
- Pay bills online, including through Online Banking with BillPay.
- Make automatic payments from your checking account.
So for every transaction you make, you’d simply tack on an additional dollar in your checkbook register. This is an easy way to save money and you also earn a 3.00% APY and save money at the same time.
So now that I’ve shared a few tips that can save you some money go ahead and implement them. Then contact me in a few months to let me know how you’re doing.