Start Saving Your Money Now With These Five Small Changes

When you are ready to start taking control of your finances and play a more proactive role in setting yourself up for prosperity, saving money should be a priority. While there are plenty of big steps that you could take to shift your finances, there are also plenty of small things that you could do right away to start saving. Here are five small changes that you could implement to start saving money.

Avoid Fees

Most people pay many different fees over the course of a year. For example, you might pay insufficient funds fees at your bank or late fees to your credit card company. Some banks charge you a fee just for keeping your account open. Whenever possible, make it a priority to reduce the amount of fees that you pay.

Make a Budget

One of the best ways to save money on regular basis is to budget your money. Many people have a hard time saving money because they don't actually keep up with how much money they spend on a regular basis. If you will take the time to budget, you'll know exactly where your money is going and how much you have left over at the end of each month.

Bundle Your Home Phone, TV and Internet Bills

If you are currently paying for the premium television, home phone, and Internet package with your provider, it may be time to bundle everything together or find a less expensive solution. Alternatively, you could eliminate your television and home phone subscription all together in favor of inexpensive online services such as Skype and Netflix.

Save Money on Purchases

Instead of randomly going out and buying the things you need or want, do a little bit of planning before you buy. If you will do some shopping around, you can typically find great deals on almost anything that you want. In addition to shopping around, you can find coupons in the newspaper or online that will save you money as well.

Rebates Program

Sign up for a rebates program. There are a number of rebates program that you can sign up for that will give you money back for the things that you buy. You can also sign up for rebate credit cards to get money back on your purchases as well.

Overall, there are a lot of different strategies that you could use to save on your regular expenses. Just look for small ways to make changes, and they could add up to make a big difference.
-->

About the Author

Carly Lance is employed by Personal Bankruptcy Canada, a company dedicated to helping “good people deal with bad debt”.