“Money” though it is just a paper but the value of this paper is priceless. People spend years in earning it and never satisfy with whatever and how much they earn. Saving is the more crucial and most essential thing everyone does in their lifetime and must plan it properly for safeguarding their and their sibling’s future.
There are several ways and several things in which you plan to save your money or invest for future but here are the best ten ways to save money in 2015.
Fewer Loans, More Savings
The loan interest you pay in a year is thousand times more than the actual loan you took. Try to repay more mortgage amount as it will help to clear your debts quickly and you can save huge amount.
Make Your Credit Card Debt light
Using credit card is easy and convenient but when you buy expensive things make the payment at the earliest. Delaying it will incur huge interest payment which in turn will soak your savings to depth.
Make Smart Selection of Banks
Select banks that is really beneficial to you. Search for the banks that take no ATM charges, overdrafts charges, more interest on savings account. Enquire them whether they offer such facilities and opt for them as this could save a great sum of amount yearly.
Switch the energy suppliers
The energy suppliers are raising the charges every year and the common public agree to pay the demanded amount without even thinking of the increase. This makes them to demand more and we stand empty pocket. We can switch easily to new suppliers as they provide the same facilities with less charge. This could save few bunch of penny.
Install water meters
Waters are used every now and then. More than the usage wastage done is more. Installing water meter will help you to pay only for the water you use and it can save huge amount of money every year.
Sparse use of ATM
Less usage of ATM and spending cash will help you to keep account and also help you from paying ATM fees.
Verify Your Account Details
Make a regular check up of the account statements as the banks can easily put some charges under some titles that will not be noticed by many usually.
Make Smart Online Purchases
Almost everything is available online right from screws to houses. Compare rates in various sites and grab your favourite during offers and festive seasons.
Cut Monthly Payments
We pay monthly for magazines, gym and mobile charges. Stop that as the world is in your pocket with internet in your mobile and laptops. Pay as and when you need.
Health and Savings
Go by walk or cycle to nearby shops as this could save fuel charges and also develop your health condition.