When it comes to saving money, the time is now.
In fact, it is always now.
So many people struggle and strive to save as much as possible, but what ails them typically is they can’t do it fast enough. Time never really is of the essence as far as saving money as more often than not, you don’t look at putting money aside as the long haul or something you do over time. Chances are, you’ve talked about it as an immediate need.
But much like losing weight, saving money isn’t going to happen overnight, but that doesn’t mean you can’t strive to do as much as possible as quickly as possible with a few money saving habits you might be overlooking, or at least ones that can gain ground on your ultimate goal of saving money.
For instance, when was the last time you examined your grocery bill? Do you even have one? The latter question pertains to your propensity for putting cooking at home on the back burner in exchange for expensive and pricey eating out options at restaurants for breakfast and lunch but especially dinner.
The grocery store isn’t completely absolved, either, from this discussion. Families and individuals alike also love the idea of convenience and aside from falling prey to ordering food every night they tend to fall victim to expenses that include pre packaged grocery store meals that are much more expensive than ingredients that need prepared at home and served. If you can make the time to do that, you’ll save thousands per year.
One avenue that often gets overlooked is credit cards. And you might be thinking to yourself, how can credit cards actually help me save money? It isn’t so much using the cards at will but rather the idea that balance transfers can save you hundreds or even in some cases thousands of dollars on interest, especially for the cards that are carrying 20 something interest rates, those high interest store cards and anything else that has two digits when you talk about interest. Transferring isn’t a free pass as you have to pay it off by the time that introductory rate or promotion ends, but if you can buy yourself 18 months or more with a goose egg for an interest rate, you’re far ahead of the pack.
You’ll never meet anyone who doesn’t want to save as much money as possible, but for those without the patience or time to do it the right way, you might want to take drastic, albeit simple, measures.