Saving for retirement is a crucial part of your financial planning and with a little patience and discipline is quite achievable. This article will discuss several tips for saving an extra buck at the end of every month. Shopping for car insurance, mortgage companies, and cell phone plans are just a few examples.
Sometimes a little negotiation goes a long way so don’t be afraid to ask for a discount from places like your cable company, cell phone carrier, or even for your everyday necessities such as clothing and food. Senior discounts are oftentimes available as well as student and military discounts. Simply present your Student, Veterans, or Senior identification cards and ask how much the discount is.
Another way to save money every month is to set up an interest-bearing savings account and deposit a certain amount from every paycheck into it. These types of accounts are usually readily available at your current bank as well as online. Check several banks to find out which one is offering the best interest rate and terms. Set a goal which is clear, specific, and achievable. For example, if your goal is to save $400.00 per month, you will have to deposit $200.00 per paycheck if you get paid bi-weekly.
Cut down on unnecessary expenses: Create a monthly budget and do your best to stick to it. Going out to eat with a family of four will cost you at least $50.00, and that’s without deserts and drinks. This $50.00 could be better spent on groceries from the supermarket and will buy you more food for your money. Your budget should also include things such as laundry and dry-cleaning, entertainment, and gas for your vehicles. Avoid going to certain places like the local movie theater, where the money goes flying out of your wallet for extras such as popcorn candy and soda. The kids are going to want to ride the video game motorcycle as well. By the time you are finished at the movies with the purchase of tickets, food and parking you could be set back $75.00.
Finally, shopping around for anything is a great way to save money! Let us do it for you. Florida Auto Plus insurance is a family owned and operated business with over 25 years of experience in the field. We utilize a variety of A+ rated carriers such as Mercury and Progressive. Call today for a fast free rate-quote and see why 157 people left 5 star positive reviews on Google and Yelp. Andrew and Cliff Schimek are available to provide you with a Florida car insurance quote. All drivers are welcomed and especially those that require Florida FR44 car insurance or Florida SR22 car insurance. Our phone number is (305)-278-1388. Have a great day!