1) Check your cell phone plan. ATT, Sprint, Verizon change up their offerings all the time. Their messaging plans, internet plans, etc change price and you might be able to trim some fat that way. Monitoring services like your cell phone plan may help you save money you'd otherwise be throwing away.
2) Check your interest rates. Do you have a car loan? Did you know it is easy to refinance if you go with another bank? Check your local credit union. I recently did this and lowered my interest rate from 8% to 5.75%...for a savings of nearly $2000 over the life of the loan.
3) Watch those credit card offers. Do you have more than one credit card? Do you get those balance transfer offers? For a small fee (1% most of the time) you can transfer your balance to the other card and often for a lower locked rate or no rate at all. That means for a balance of $5000 on your credit card, you might pay $50 to transfer, but rather than 10, 15 or 20%, you may lock in for 3.99%. That is HUGE savings over the life of the loan. You can pay off debt dramatically quicker.
Good luck people. Check back for more savings ideas!
No comments:
Post a Comment