Top Menu

  • Home
  • Write For Us
  • Live Rates

Main Menu

  • Money Exchange
  • Career Advice
  • Home Decor
  • Global News
  • Business
  • Trading
  • Technology
  • Media
  • Home
  • Write For Us
  • Live Rates

logo

Header Banner

  • Money Exchange
  • Career Advice
  • Home Decor
  • Global News
  • Business
  • Trading
  • Technology
  • Media
  • FinTech Abu Dhabi Festival 2020 kicks off today

  • UAE allows 100% ownership of businesses for foreign nationals starting from December 1, 2020

  • Two men caught leaving London for Dubai with cash-filled suitcases

  • Rupee becomes 3rd best Asian currency

  • Ten caught for Money Exchange shop robberies

Financial TipsInvestment
Home›Financial Tips›Simple Money Saving Hacks to Reach Your Financial Goals

Simple Money Saving Hacks to Reach Your Financial Goals

By Money Exchange News
December 29, 2020
79
0
Share:
Money Saving Hacks To Reach Your Financial Goals

Money Saving Hacks: One of the most popular quests people embark on is to save money, which is hardly a surprise considering the average credit card debt for an American household is around $8,398. Everyone wants to grab a bargain, find items on offer, and spend less than they need to, so with that in mind, let’s take a look at some simple hacks that can be implemented into daily life to help save money.

Switch to a Cash Budget

This might seem like an obvious hack, but in a world of modern technology where contactless takes the hassle out of paying for anything, it is much easier to just tap that card on the card receiver without a second thought. The “without a second thought part” could very well be what is allowing money to slip out of the bank account. However, holding tangible cash means it is exactly clear what has been spent and what is left.

Instead of the money disappearing into the online banking void, where checking an account is easily avoidable, you will be less inclined to spend money when you have to physically part with it. The cash budget will hold those accountable for spending and can help in making someone think twice before buying something when the cash flow has a ‘dead-end.’

Make Saving Money Priority Over Spending It

It is not uncommon for people to receive their paycheque, spend whatever they need and want to, and then look to save what is left over. However, this isn’t always the best way around. In fact, a clever hack for saving money is to put money away to save first.

It is likely that this will encourage mindfulness about spending what is left over on the items that are truly needed, or the one special thing that is wanted, instead of giving into every whim because the money is in there in the account.

Aneasy way to do this would be to set up a separate savings account that can be directly transferred into and then forgotten about. Using this set up means there is no need to actually think about saving, which is a bonus.

Collect and Save Coupons

Coupons are essentially free money, which makes this hack inexcusable to avoid!

Long gone are the days where collecting coupons sat on the back of cereal boxes, it is now easier than ever to find coupons for almost anything and any brand online. Kohls promo codes offer an abundance of savings on all sorts of brands, and also offer deals such as 15% off on orders over $100, just by using a code. This is a great, effortless hack to help save money off so many things.

Compare Grocery Prices Before Shopping

This may take a little time, but comparing prices of grocery stores before shopping means being able to see what deals are currently on offer, and what the best grocery store is for shopping in for a particular item. This can make a great difference if a large item is being purchased, or you prefer brand names. There are plenty of comparison websites to use from the comfort of the sofa.

TagsFinancial GoalsMoney Saving HacksMoney Saving Tips
Previous Article

UAE-Dubai’s RTA announces change for maximum number ...

Next Article

5 Ways to Sell Your Property Fast

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Money Exchange News

Money Exchange News Website is a fantastic platform for all our readers as we provide them with an ample of valuable information over a plethora of worldwide topics. It is a real honour for us to publish important news and current updates over matters like Business, Travel, Career Advice, Trading, Investment, Visa Rules, Health Tips and much more.

Related articles More from author

  • beginner investing mistakes, investment mistakes to avoid, worst investment mistakes, qualities of successful investing,
    BusinessFinancial TipsInvestment

    Investing for Beginners: 6 Common Investing Mistakes You Must Avoid

    December 6, 2020
    By Money Exchange News
  • Retirement Plans: 4 Tips For A Successful Retirement
    Financial TipsHealth InsuranceInvestment

    Retirement Plans: 4 Tips For a Successful Retirement

    January 21, 2021
    By Money Exchange News
  • BusinessInvestment

    6 Smart Tips for A Successful Crowdfunding Campaign

    December 30, 2020
    By Money Exchange News
  • Cash Management
    BusinessFinancial TipsInvestment

    The Importance of Cash Management

    January 24, 2021
    By Money Exchange News
  • financial advisors Charlotte NC
    BusinessFinancial TipsInvestment

    How to Identify and Avoid Tricky Financial Advisors?

    December 1, 2020
    By Money Exchange News
  • What Is Lawsuit Funding And Benefits Of Lawsuit Funding
    BusinessFinancial TipsLaw & Lawyers

    What is Lawsuit Funding? And Benefits of Lawsuit Funding

    January 11, 2021
    By Money Exchange News

Leave a reply Cancel reply

You may interested

  • Covid-19 Vaccine
    CoronavirusHealth & Lifestyle

    Covid-19 Vaccine: Do’s and Don’ts after taking your first Jab

  • UAE Central Bank
    MediaUAE News

    UAE Central Bank launches new regulations regarding reserve requirements

  • Practical Tips For Becoming A Influential Leader
    BusinessCareer Advice

    Practical Tips for Becoming a Influential Leader

Recent Posts

  • Covid-19 Vaccine: Do’s and Don’ts after taking your first Jab
  • The Importance of Cash Management
  • Difference Between Disinfection and Sterilization?
  • 6 Important things to know before filing a Patent in India
  • What is Corporate Tax? And Things you Need To Know

About us

Money Exchange News Website is a fantastic platform for all our readers as we provide them with an ample of valuable information over a plethora of worldwide topics. It is a real honour for us to publish important news and current updates over matters like Business, Travel, Career Advice, Trading, Investment, Visa Rules, Health Tips and much more...
Fully Managed WordPress Hosting on SSD Drive
  • Recent

  • Popular

  • Comments

  • Covid-19 Vaccine

    Covid-19 Vaccine: Do’s and Don’ts after taking your first Jab

    By Money Exchange News
    January 25, 2021
  • Cash Management

    The Importance of Cash Management

    By Money Exchange News
    January 24, 2021
  • Covid-19 Vaccine

    Covid-19 Vaccine: Do’s and Don’ts after taking your first Jab

    By Money Exchange News
    January 25, 2021
  • Lights hath may cattle first had blessed god bearing bearing

    By Money Exchange News
    July 16, 2015
  • Home
  • Write For Us
  • Live Rates
© Copyright General News Blog. All rights reserved.