Finding ways to save money in life can seem tricky. In fact, the opposite is often true, and it feels like life is always getting more expensive, with more bills to pay and the cost of goods and services always on the rise. So, wouldn’t it be nice if you could find places in your life where you could be saving money without making some sort of huge sacrifice?
That’s exactly why we’ve put together this list of simple ways you could make small changes in your life that will, in fact, save you money. While the savings may not seem huge for each individual tip, as you start to add them up you’ll see a significant amount of savings in your pocket each month. So, let’s dive right in and start saving you money.
Look at Your Bank Account Fees
One place that people can end up spending a lot of money is in bank account fees and service charges. This is the money you pay to the bank for having an account with them. There can also be transaction fees, money transfer fees, etc. It’s a good idea to look at the last six months’ worth of bank statements and figure out what you’re paying on average each month in fees.
As early as 2015, bank rates were on the rise, but they are typically done in a manner that is slow so you don’t really notice it. Small little increases over time probably won’t catch your attention, but they will add up. So, what can you do about it? Well, you can look into a free bank account with BB&T.
A free bank account with a bank like BB&T is one that won’t charge you a monthly maintenance fee, it offers no-fee online statements, and it allows for a certain amount of free transactions each month. While some of these bank accounts don’t have a monthly minimum balance you must keep, others will require a set minimum in order to take advantage of the free services.
Sign Up for Rewards/Loyalty Programs
Because you need necessities and can’t cut them out, it’s a good idea to shop in stores that offer customer rewards and loyalty programs. This can be in the form of a discount, cash-back, coupons, points redeemable for merchandise, etc. If you’re going to spend the money, why not get something extra out of it?
Plan Meals Out in Advance
Grocery shopping can equate to a rather large amount each and every month, and much of that may be going to waste. It’s always a good idea to plan your meals out for a week in advance, create a shopping list based on those meals, and stick to the list. Doing this can help you stay on budget, cut back on the money spent, and the amount of food wasted.
Get Rid of Cable
While this may seem like a drastic measure, the fact is that there are so many streaming services out there that cost a fraction of cable, you may not even notice that you’ve gone ahead and gotten rid of it.
Get Creative in Your Savings
Saving money is sometimes about having a creative eye and spotting those little places you could make changes that really add up, and keep more money in your pocket as a result.
