Check Issuing helps your company securely send out check payments using your logo on secure checks. But, we also write articles on how to save money so that you have more money to write checks with. Wait, if you have more money, maybe it is best to not just write more checks, you should save that money! Saving money is one of the toughest things on planet earth to do, we are constantly inundated with a consumeristic environment asking us to buy-buy-buy, and operational cost, including salaries and utilities, continue to rise. So finding ways to save money is something not only every company should do, but every person should do. For an individual, escaping the challenges are a bit easier, here are some tips.
Some banks, most notably Bank Of America, allow you to shave off your transactions into savings. For example, you can round up to the nearest dollar and that remainder cash will go into savings. You hardly ever feel it, but the savings in and of itself adds up. Before you know it, you have a nice nest egg started, or a downpayment for a new car ready to go. Whatever you need it for, it’s there and always building. We all have to spend money, might as well save while we spend it.
Replace light bulbs with energy efficient light bulbs. Get a fan. Take shorter showers. The point? Make your utility experience a more economic and efficient experience. You can do this by making conscious efforts to upgrade your house and slightly downgrade your habits (do you really need a 25 minute shower?) You can downgrade a little, upgrade a lot (lightbulbs), and shave a lot off your monthly bill.
Give tangible items to charity. Got an old sofa that Good Will could use? Instead of dumping it, or giving it to a neighbor, take it to Good Will and get a tax receipt. This could really help you out at the end of the year. Nothing worse than writing a big check to the IRS!
Pay more than the minimums on your credit lines. I know this may sound counter-intuitive, but the fact is paying the minimum increases your overall debt and raises how much you end up paying. Stop spending on that Credit Card or Nordstrom’s card, start paying more than the minimum and you start winning.
The key to saving money is to be conscious of your behavior and habits. Most of us are extremely wasteful and small habitual changes would solve a lot of the problem. Changing the way you think about how you spend money, where you waste money, what you need and want, can greatly assist in helping you save money over the long haul. Saving money isn’t about big lumps of money in short periods of time, its about saving money over the long haul. Its a mentality.