Saving money is one thing that we all know we should do. There are some simple things that anyone can do that will help increase the amount of cash you save. How many times have you needed more details on ways to get a payday loan, and turned to a web site search on "short terms loans?" Your search is over, all of the details you'll need is at MatchFinacial.com!
1 - Automatically save
A lot of people have direct deposit, so their salaries are deposited into their checking account instantly. Switch this to your savings account, and then manually transfer over the amount of money you have budgeted for the time period. Whenever you have to transfer money when you go off budget, it will force you to take a second thought about going over.
2 - Cash contributes instantly
Make sure you have regular contributions going to your retirement or savings accounts. You can treat it as if that cash never got to your bank account and budget without it. These transfers could be done automatically and electronically if you set it up.
3 - Cash helps
Use an ATM or visit the financial institution to pull out your spending money in cash for each budget cycle. Using money means you are consistently and instantly linked to the amount of spending money you have inside your budget and can make real-time decisions without having to check your account or consult anything else, just count the money you have accessible. Debit cards and charge cards are designed to disconnect you from your cash, money will help reconnect you.
4 - Use the change jar
Save all the change that you get in one jar. Eventually, pennies add up. You can take the jar, once it is full, to a CoinStar or other machine to count the coins for a fee. Most banks have a change counter for you to count your money for free. Then, it can be deposited into your account more very easily. Start savings those coins, and also you will start to save more cash.
There's an automatic credit to a savings account for a dollar when we use our debit card. It's there at our approval and to be used to move around as we want.
Also, when we were checking out this morning, my son heard a woman asking how she could get her money released faster from the bank when she had used her debit card for security at the resort. They told her that if they charged even a penny and gave it back to her, the bank would release the $115 hold faster.
I also knew someone who checked all the coins for more valuable ones any time they were going to turn their coins in for cash or a deposit. They had found quite a few collectible coins.