If you are looking for ways to save money on a tight budget, rest assured that it’s much easier than you might think. Read on for six tips to help you live frugally and improve your financial outlook.
Cut your utility use. Your utility bill is one that you can’t get rid of, but there are ways you can lower it each month. First, consider changing the temperature on your thermostat. If you can stand your house a little cooler in the winter, you can save a great deal of money. You can also insulate your electric outlets to prevent air leaks, and switch to LED lighting to save energy. These small changes can help put some extra money in your pocket!
Find ways to save on groceries. When it comes to grocery shopping, the key to success is to make sure you go with a list! This way, you will be less likely to deviate from your shopping plans and can avoid blowing your budget.
Did you know that your Benefits Plus® checking account with SeaComm provides you with exclusive savings on groceries and other items? Your membership gives you access to a free Grocery Coupon Club, which can help you save hundreds of dollars a year. The coupon club contains thousands of brand name items, including baby products, diet related items, household products, pet supplies, and more. Simply choose the deals you like, and select “clip” to print your coupons before you head to the store. Stop by your nearest SeaComm branch to upgrade your basic checking account!
For complete information, terms, conditions and exclusions please visit www.benefits-plus.org or call 866-329-7587.
Take a break from shopping for non-essentials. When it comes to saving money, it’s important to separate your wants from your needs, and put your wants on the back burner. If you are an online shopper, instead of adding a non-essential item to your “cart”, include it on your list of future purchases. You will be surprised at how much money you can save by only buying the items you really need.
Reduce your cell phone plan. There is always a cell phone deal going on! Give your service provider a call and ask about your options. If that does not get you a better deal, you can always shop around for a more economical phone plan with another provider.
Build an emergency fund. Having a robust savings will allow you to use your financial safety net for rainy day expenses, instead of having to borrow from credit. Your savings should be a fixed item on your monthly budget instead of something that only happens if there’s money left over. Click here to discover a variety of savings options available to you at SeaComm!
Make it automatic. There is no easier way to save than to set up direct deposit for your paychecks and divert a percentage into your savings. This forces you to think twice about dipping into your savings account. Call us at (800) 764-0566 to set up an automatic transfer, or visit your local SeaComm branch!