When it comes to your finances are you staying on top of your spending or do you trust that the numbers you see in your account are correct? Money moves quickly, we all know that which is why you cannot be financially lazy and taking advantage of money tips because that is when things start to fall through the cracks and budgets start to get broken. We let you know some of the things you should be keeping an eye on when it comes to your finances to make sure you’re not missing anything to make the most of your money.
- Check Your Monthly Statement
Technology has made it much easier to see the balances of our accounts. But are you taking advantage of this? And just because you can see you current balance doesn’t mean that it matches your monthly statement. Transactions also can take a few days to process and show up in your account, so make sure you are checking regularly and checking those monthly balances so you know the exact amounts for what you owe and what is in your accounts.
- Loyalty Programs
You’re spending the money at these stores, why not be rewarded for it? Most people don’t want to join loyalty rewards or points programs for the fact that there are so many out there, but if you’re spending the money (especially for items like groceries), it can be worth the savings or perks that come with the program.
- Not Bargain Shopping
Who doesn’t like to save money when they can? So why purchase the first thing you see? When it comes to saving money and getting the best deal, some homework needs to be done. This can be very helpful when it comes to shopping for groceries and times like the holidays when there are lots of items on your list! Doing a little research can help you save in the long run, so keep your options open when it comes to your shopping habits.
- Saving Things Until the Last Minute
Running late? You take a cab instead of transit. You pick up takeout instead of cooking. There are numerous examples of this last minute spending, which leads to our next point about planning. No, we’re not talking about financial planning (although we do recommend the many forms of that as well), but better planning so you can start saving on those last minute expenses that add up quickly.
What are your tips on how to beat financial laziness? Let us know in the comment section below.
