Human beings since time in memorial have always desired to improve their lives continuously; this is evident in the numerous life hacks present on many platforms. Most of the times hacks aim at improving life and reducing costs. From house renovations, house improvement to essential life hacks, it seems that there is no end in sight for developments of hacks.
At the core of these hacks are the finances. Improving your economic well-being in many ways leaves you happy. In this article, we are going to sample some of the best money hacks you can use to improve your life.
There is nothing that could trick you into using all your money like a credit card or debit card. The main reason you should avoid using cards to make payments when you’re out shopping or just having fun is, on top of making it so convenient to pay for stuff, the method of payment is so invincible that you cannot track your usage. Most of the premises that have use of cards as payments also have option of using cash to pay. So here is the hack to help you track your finances and save. Using the money to pay for non-billing places like eating out or paying for gas and shopping has an advantage over the use of cards since it allows you to track your spending by making the spending real. It also helps you spend what you can afford and avoid spending more than you have. Did I also mention how exercise and visiting a chiropractor are awesome? They prevent future medical bills such as expensive surgeries.
Make small weekly savings transfers
Saving can prove a challenge for many people, often because people want to save in bulk or after spending. When it comes to savings, the best way to do it is by making remittances to yourself. Sounds strange, I know. Anyway, imagine how much money you would save if you took a few bucks off your weekly usage bills and saved it. To make it better, save before actually using it; that is, if your weekly usage is $ 40, then you can take off $ 20 and put it in savings before you put the $ 40 into use. The idea might not have gone through professional fool proofing, but if you tried it, it would guarantee you fresh saving at the end of the month, and you will be living well thereafter.
As annoying as it sounds, staying at home can save you a couple of bucks. Not only does staying at home prevent you from making unnecessary purchases, but it also saves you on the gas cost to make trips to the mall. You can entertain yourself at the house, bond with family, or you can engage in online forex trade to generate some cash as you keep yourself busy.
Avoid getting catalogs
Keeping a catalog or subscription emails from companies that sell things can prove liability. Getting that email about a new product, they are selling, or announcement makes it so tempting to make unnecessary purchases. You should stop the catalogs and emails forever, and it’ll help you spend less.
Pay savings and debts first
When sitting down to make the weekly spending, you should first strike off the savings and pay debts instead of settling those two last. The biggest problem in doing the savings and payment of debts last is, you risk short-changing them. If you handle them first, then you stand a better chance of paying for your mortgage, utility bills, groceries and gas without having to cut back on your spending. Contact us for more information.