5 Unique and Surprising Ways to Save
Sometimes finding a creative way to save money can make all the difference when it comes to achieving your financial goals. That’s why we’ve compiled five unique ways to save that you may not have considered yet.
Embark on a No Spend Challenge
Set a goal to only pay for essentials for a set period, while cutting out all other discretionary spending. You make the rules, so it could be one day, a week, or even longer. Doing so can help you reign in overspending, work towards a savings goal, or put your unspent money toward paying off debt. Plus, it can help you get creative and use what you already have at home instead of running to the store.
Utilize Reward Programs and Apps
If you're going to be spending, you might as well be rewarded. Many stores have free reward cards to incentivize you to shop. Signing up could give you exclusive coupons, free merchandise and even discounts on gas. There are also third-party savings apps where you can enter your receipt information to earn gift cards. However, be cautious when enrolling to make sure you understand the program and if you must pay to participate - as the costs may outweigh the benefits.
Do an Inbox Detox
When you check your e-mail, does it seem like an endless barrage of coupons, sales and deals tempting you? If so, you're not alone. Luckily, unsubscribing from e-mail lists not only frees up space in your inbox, but you’ll also feel less stress on your wallet. This goes for text messages and push notifications too. Don’t feel bad about unsubscribing to clear out the clutter.
Visit your Local Library
There's more than chapter books and encyclopedias at the library. Depending on where you live you could have access to audiobooks, movies, video games, music, Wi-Fi, and even technology resources like 3D printers. Plus, your local library may host special events and kids programming. It's worth checking out to see what free and low-cost resources are available in your community.
Make Your Own Snacks
Individually prepackaged snacks are an easy go-to for busy days, but you definitely pay a markup for that convenience. Instead, whip up your favorite snack recipes or buy larger packages of your snack staples. Then just divide them up into baggies or small storage containers. Voilà! You have a portable snack for way less!
If you need a safe and secure place to store the money you’ve saved, consider one of our Savings Accounts today!