If you would like to stash away some extra cash this year, you may want to take advantage of these few money-saving tips:
- Pay in cash instead of using a debit/credit card. When you see how much you are actually spending, you may spend less.
- Reduce frivolous spending by using a cooling off period. Before making a big purchase, sleep on it and then decide whether you really need to make the purchase or not.
- Set aside discretionary funds. Give yourself a budget for purchasing frivolous items. Once the budget is used up, make sure you do not spend any more on items you usually splurge on.
- Automate your saving. Enroll yourself in free, online programs that automatically deduct money from your bank account and set the funds aside into a savings account or retirement account.
If you are having financial difficulty and would like to to speak with someone about your options, contact our law office at 816-524-4949 or visit our website at www.Hoorfarlaw.com.