It’s common to make lofty financial New Year’s resolutions that don’t quite work out 12 months later. That’s why small, manageable goals sometimes make sense. Here are some money-saving ideas we hope our Promenade Crossing residents in Orlando, Florida will consider.
If your coffee table looks littered with magazines that often go unread, think about culling the number down to the ones you really enjoy. Many of the topics can be found online. Similarly, TV, video games and other online expenditures add up. If you take a long look at these things, you can probably trim off $20 or so per month. That could tally up to $240 or more per year.
Be Proactive About Preventing Penalties
Late credit card fees and charges for overdrawn bank accounts can be a significant savings setback. Think about those double-digit fees and how easily they could be avoided. Some financial institutions will allow for hard limits that can prevent overdraft fees. In terms of payments, setting up deadline notifications that ring you up on your smartphone may be wise. Consider a 5-day prior notice so that you are a little ahead of the game.
Save at the Pump
Many fuel stations offer member savings, and these are terrific ways to save a few dollars at each fill-up. Some supermarkets and discount warehouse mega-stores have affiliated pumps that provide rich discounts. But beyond that, consider signing up for a credit card that offers rewards and bonus points. Why not double dip!
Many of us think about weekends as a time to relax and catch up on a few light errands. Shopping tends to be one of them. When Friday comes, take a long look at what’s in your refrigerator and think about working with the groceries you already have. Put off buying the latest gadget, clothing item and leisure spending as well. The basic idea of a no-spend weekend is to become more cognizant of the low-cost items that we all spend more on than we really need. Try this once per month and save.
At the end of the day, by slipping small savings-oriented habits into your weekly and monthly routines, you can make realistic 12-month bank.
We hope our Promenade Crossing community members enjoy these money-saving tips. If you or a friend would like more information about our Orlando apartments, call us today.