Our friends over at Money Crashers are back with some great tips for saving money this fall. Without any further ado…
Steve Byrnes is a financial writer who shares money saving strategies and budgeting tips.
Now that summer is over, you might find yourself a bit lighter in the wallet. Independence Day, weekend cookouts, sporting events, and other outdoor activities can not only add up, they can end up throwing your finances for a loop. However, that’s not to say you can’t stage a comeback. If you’ve been struggling to get your money management back in order, check out these five ways to do it before the end of the year.
1. Save on Travel
If you plan to travel this fall or over the holidays, there are plenty of ways to save on airline ticket deals. If you’re flying, take a look at a website like BookingBuddy which can keep you up-to-date on the lowest available prices as they fluctuate. If you can swing it, begin your trip on a Tuesday or Wednesday when airfares are cheaper. Book your flight earlier in the week to improve your chances of finding a better deal. If you have kids, consolidate their luggage to save on baggage fees.
2. Save on Office Supplies
Ink cartridges, printer paper, pens, and Post-It notes are just a few office supplies that seem to need constant replenishment. To save the most on these and other items, sign up for email updates from Staples, Office Max, and Office Depot, as well as any other office supply retailer in your area. Keep an eye out for purchases that can result in a 100% cash-back rebate, essentially making them free.
3. Take Advantage of Credit Card Cash-Back Rewards
A great option for year-round savings is the Swagbucks Visa® Rewards Card, which earns you 1.25 Swag Bucks points for every dollar† spent. You’ll also get 1,000 Swag Bucks points† after using the card or transferring a balance within the first 3 billing cycles, and an additional 2,500 Swag Bucks points† if you spend $1,000 within the first 6 billing cycles. You can then redeem for free gift cards and rewards to save big.
†See the Credit Card Rewards Terms and Conditions in the Summary of Credit Terms for details.
4. Do Some Early Christmas Shopping
Who wouldn’t love to have their Christmas shopping list already taken care of by December? Keep an eye out for sales, and use online deal sites for cheap prices on just about everything. Check in with family and friends to see if you can gain insight on what they want for Christmas. Holiday season is expensive enough, and spreading out some of those costs while saving on them can make for an easy winter.
When you start to see a little extra money in your checking account as a result of these measures, be sure to put it where it can do the most good. If you’ve got significant credit card debt, pay that off. If you need to bolster your retirement investments, save for your child’s college education, or build an emergency fund, act on those issues. Or, if you prefer, put it in a separate savings account and simply watch your balance grow. Failing to create a budget for your finances and to allocate your surplus intelligently can lead to temptation to blow your new savings on unnecessary purchases. Remember – either you run your finances or they run you, so get in the driver’s seat today and take control of your financial destiny.
What are you doing to save money this fall?