Want to find a way to save money fast?
Actually, it’s not as hard as you think.
Automate Your Finances
Automating your finances means that you are setting up systems where you’re automatically saving money. You can actually set this to as how often you’d like. What you do is you have your bank automatically withdraw a certain amount to put into a savings account or investment count or whatever.
This is something that you don’t really think about. You set it once and you just let it happen. Maybe once in awhile you want to just check in and make sure your automated stuff is still working. So it’s a really cool way to automatically save money. You’re going to really be surprised by how much your savings is going to grow.
Now there are some really cool apps that also help you do that. One such app is Digit. Currently you do have to have to pay $2.99 for this service now. So decide if it’s worth paying that to save your money.
What this app does is it tracks your spending so that it starts taking out minuscule amounts based on how much you spend into a savings account. You can even tell that app to help you save a set amount as well whenever you get paid. Maybe they’ll go back to being a free service, who knows.
Another one that’s really great that helps you save money and it’s free is called Qapital. It looks at your spending and helps you save little minuscule amounts. Now At the end of the month you probably may save like 20 or 30 bucks but that’s money you have saved. You can take that and put it in your bank or do whatever you want with it.
Pay Off Your Debt Early
Now really take a look and see if you can be punished for paying off your debt early before you do this. If you don’t, that’s great. Paying your debt off means you’re paying less interest, hence saving you money in the long run. Instead of paying the minimum amount, see if you can pay more.
There are also some great services that help you automate this process. In fact, they can help you pay bi-monthly so you’re paying even less interest.
Look at Cash Back Options
Looking to cash back options doesn’t mean using a credit card. You can look to websites or apps for that. Now the one that’s pretty popular you may have heard of is called Ebates. Ebates is awesome because if you go online shopping a lot you can get money back from shopping at your favorite retailers.
Of course, how much cash you get varies by stores, but you can see what percentage you may get back before you click on the link. The percentages really vary anywhere from I believe one to three percent. Again it depends on where you’re shopping. Once you get a certain amount you get a check.
Another one that I just found out about which seems really interesting is called Evo Share. It’s saving you money because you’re either paying down debt, therefore you’re paying less interest in the long run. And if you’re already buying something why not get some free money and put it toward something that’s really going to help you?
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