Everyone is concerned with how to save money these days. When you have money saved, life in general is a lot easier. When things happen, you avoid the added stress that not having money brings. And having money in savings opens doors for you. When have money saved, you have options in life.
The problem is figuring out how to save money. Sadly too many people find saving money difficult if not impossible. So I decided to do something about it. I wanted to figure out some easy things for you to do that would save you a ton of money relatively fast.
While there are many things you could do to save smaller amounts of money, things like packing tour lunch or skipping a daily coffee, the truth is that it will take a long time before you see a pay off.
The tips to save money I highlight below will save you a lot of money. How great would it be to save a few hundred dollars each month? If you could do this, you would quickly see an improvement to your bottom line.
So let’s take a look at these tips so you can start saving money right away.
4 Ways To Easily Save A Ton Of Money Fast
Insurance, in all of its forms, costs us plenty of money each year. And premiums only continue to rise. Sadly, too many of us just accept it and pay our premiums without question. We need to shop around and make sure that we are getting the best deal for our money.
It doesn’t take much time to shop around either. I spend 15 minutes every 2 years getting free quotes. Over the course of four years, I’ve saved close to $600. That means I took 30 minutes of my day over four years and saved $600. This is the same as earning $600 per hour. Wouldn’t it be nice to earn that much money?
How do you shop insurance quotes? All you have to do is get out a copy of your policy and jump online and plug in the numbers. Or if you prefer, you can all someone and have them plug in the numbers.
Then you will see the results and potential savings. All that is left to do is make the switch. To get the best results, you need to compare your coverage to 2 others so you can see who is expensive and who isn’t.
You can get free quotes from Allstate, as well as Liberty Mutual. Either of these are great starting points. If you chose to only go with one of these options, pick another carrier to complete your comparison.
A house costs thousands of dollars over your life. It is by far most people’s largest expense. So how do you save money and cut costs? Refinance. By refinancing your mortgage you will get a lower interest rate that will save you thousands of dollars a year.
You can play around with the calculator below to see just how much you could save every month. When we looked into refinancing our last house, we were able to save over $200 a month. That comes to $2,400 in our pocket!