When you’re living from one paycheck to the next, saving for retirement or emergencies might seem impossible. Yet, you don’t have to put away large sums of money at a time to make progress. Every little bit helps. Here are three ways to work savings into your financial plan, even when money is tight.
Most people believe their monthly payments are set in stone when considering budgets. Yet, as most good managers will affirm, everything is negotiable. The problem is that each obligation will take time out of your day to haggle with the person on the other end of the conversation. Fortunately, there are effective tactics you can use to speed up the process and bring the budget back in line. Here are three top places to start negotiating.
With prices rising and inflation showing no signs of slowing down, people are looking to find ways to save money this year more than ever before. Luckily, there are things you can do to keep more of your hard-earned cash and lower your bills, and all it takes is some creativity, diligence, and maybe some phone calls to get the job done.
Whether the country is experiencing high inflation or you want to trim your budget for other reasons, you don’t necessarily need to cut out that daily Starbucks addiction. Instead, concentrate on lowering your bills through the power of negotiation. Most creditors will work with you on everything from how much you pay for television to the amount you shell out for the gym.
When the coronavirus pandemic shut down the world in March 2020, the event caught everyone off guard, leaving many jobless and scrounging to support their families. Consequently, many discovered how important it is to have an emergency fund. Yet, saving takes time and, well, money. So, what can you do when the next emergency happens before you have a chance to build up a fund without landing in a worse position than when you started?