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4 easy ways to save money
After the holiday season, thousands of families will inevitably be searching for ways to penny-pinch around the house. Such is the price for buying gifts and celebrating during the season of giving. Whether a part-time job is necessary or mitigating expenses is your top priority, there are many tips and tools you can use to get your finances in order.
Here are four helpful ways to save cash and tighten up the purse strings.
There are a few different reasons why shopping online may be a savvy financial decision. For one, comparing prices is much easier on the Web. Getting multiple quotes on products is as simple as visiting a few different webpages. You don't have to drive around to different department stores, wasting gas money and time in the process. Moreover, many products are simply cheaper online than they are in a store. Check market sites like Amazon.com or the online resources of big department stores before you go shopping at the local mall.
Get a shopping app
For all of those times you have to make a trip to buy something - for instance, while shopping for groceries - there are handy smartphone apps that can save you time and money. USA Today suggested downloading a tool like Flipp, Pricegrabber or the Coupons app from Coupons.com. These tools make it easy to shop for deals without having to pore through a circular beforehand. Some allow you to scan barcodes to find particular deals and others allow you to cash in on available coupons using online codes. It's an easy way to save big whether you're shopping for necessities or some new clothes and electronics.
Create a budget
Sometimes a budget comes in the form of a shopping list and other times you may want to focus on longer-term monthly plans. Either way, Bank of America noted that making a budget is one of the best ways to save a little extra money. For one, this will keep you from making irresponsible purchases while you're out at the grocery store or elsewhere. Second, this can be the surest way to limit overspending as long as you stick to your plan. Some people don't go through the hassle of recording expenses and studying where to save cash. Creating a budget puts all of your finances right in front of you, showing you just how much money you can realistically save.
Find a secondary source of income
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When cutting down expenses simply isn't enough, you'll have to look into generating alternate streams of revenue. Luckily, there are a few options out there even for people with very little time on their hands. Taking paid surveys can be a great way to earn rewards for online market places and cash. They don't require a specific skill set, and you decide when, where and how you want to participate. It's a quick and easy way to earn a little extra cash whenever you have a little free time.