4 Smart Ways to Save More Money in 2017

| December 13, 2016

Every new year you create a list of resolutions. Your resolutions could range from losing weight to making a life change or accomplishing a lifelong goal. Why not add to that list and make 2017 the year that you save money?

You probably do a good job of saving money now, but you can always do better. Learn about the following four smart ways you can save more money in 2017.

Use Websites to Find Coupons

To save money, take advantage of coupons. Previously, people used to scour newspapers and ads for coupons, but today, finding coupons is much simpler. You can either search for the business you plan to shop or dine at or search for the item you want to find online. Print your coupons and use them during your purchases to save money.

Manage Your Money With Apps

You probably use apps to manage your schedule and monitor your health, so why not use an app to manage your money? Apps such as Mint provide tools for making a budget, tracking your spending, and confirming your savings.

These apps can sync with your bank accounts and investment accounts so that you have all of your money management tools in one place. When you have a clear picture of how you spend and save money, you are more likely to spend less and save more.

Save Energy When Heating Your Home

Have you considered how much money you waste by not making sure that your home is an energy-efficient space? A drafty window or door is one of the sneaky ways your home loses heat and requires you to run your heater more often during cooler weather.

You can take some simple steps, such as sealing windows and placing towels at the bases of doors, to help you save money on home energy costs so that you can put the savings back in your pocket.

Don’t Make Impulse Purchases

Marketing departments do an incredible job with advertising and product placements, and they hope to convince you to buy a product or service. However, if you want to save money, you need to learn to say no to impulse buys.

When an ad entices you to purchase something, say to yourself, “I need to think about this decision.” Try thinking about the product or service for a few days, and if you can still justify your purchase decision, then you can commit to the purchase.

But if you realize you don’t need that item or service, then you can confidently rely on your willpower to help you save money.

Additionally, try to avoid purchases when you’re stressed or anxious, as you’re less likely to make an impulse buy when you control the state of your emotions.

Now that you see how you can take a few steps to save more money in 2017, all you have to do is commit yourself to getting started. Forget any excuses you may make. What are you waiting for?

 

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Category: Saving Money

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