The financial dip is the wallet-depleted period that immediately follows the holidays. It is the period that starts in the beginning of the year and ends when the weather warms in some areas. Most consumers have nothing but lint in their pockets at this time. Some consumers have a difficult time recovering from the dip period. The following are some tips that all consumers can use to save money after the holiday financial dip:
Do Some Bill Snipping
One way that modern consumers can save money after the dip is by snipping the household bills. Some of the bills such as the cell phone bill, car insurance bill, Internet bill and cable bill are open for consumer manipulation. What that means is that the account holder can contact customer service and remove some of the unnecessary features and add-ons until the post-holiday finances recover. Examples of bill add-ons are premium cable channels, cell phone music and data features, additional gigabytes of Internet, and collision and comprehensive auto insurance coverage. Consumers often surprise themselves when they see how much of a difference a little bit of bill snipping can make.
Start a Couponing Hobby
Many people do not bother themselves with coupons because they do not want to take the extra few seconds or minutes to stand in line or type a code into a website. The beauty of the dip period is that it provides consumers with the opportunity to do things that they would not normally do. Coupon codes, promotional codes and discounts codes are available on a vast number of websites as well as in the paper circular. They can help a struggling post-holiday consumer to get by and get back on his or her feet after spending so much money.
Go on a Penny Hunt
Many consumers turn their noses up at pennies because they are the least of all the money. However, these little brown coins can get people out of many tough situations. A group of them can put food on the table. They can buy gas. They can even purchase clothing. The best thing about pennies is that they are all over the place. Consumers can find them under the mattress, in the car, behind the dresser and more. A post-holiday consumer can probably find some serious cash by going on a penny hunt. Bank machines can help consumers turn their pennies into dollars.
There are ways that one can bounce back after the holiday doldrums. Consumers can start with the previously mentioned tips and go from there.