As the new year gets underway, most of us will be hoping for calmer waters than the ones we sailed during the last year. The new year often means reorganization, and for many, this also means tackling finances. That being said, many require tips for how to save money. The following is a guide to some of the best ways to save money in the new year. This is great for those of us who don’t necessarily want to sit down and read the Best Finance Books for Beginners.
Tips for How to Save Money in the New Year
Bag a Bargain
There are many free browser extensions help you find incredible deals at jaw-dropping prices. Free and easy to use, many of these extensions, like Honey and rakuten, are a win-win for shoppers.
Another way to get “bargains” is to re-think how much you pay for essential programs. Take a look at your bank account at least once a month to determine how you’re spending and where you can cut corners on things you don’t use. Then, you’ll have more money for the things you actually want and need to buy!
Get a Side Hustle
The new year is a great time to think about a new career or even starting a business of your own. That said, Udemy offers thousands of courses through a collaborative community to help get you started in design, business, and much more. Learning something that you can turn into a business is a great plan.
Save Money on Prescriptions
Sometimes online shopping can help you save money and you can also save on the necessities in your life, like prescription medicines. Kroger GoodRx is a must-have membership that allows you to save on your prescriptions, some of which are even free. You won’t have to pay a premium price on your prescriptions again!
If you’ve ever thought about getting into the investment game, there’s never been a better time than now, while you’re re-analyzing your finances. WeBull is a self-directed investment platform that guides you through the process of making investments even if you’re an absolute beginner. It will provide tips for how to save money by guiding you through this process of making money! With multi-platform accessibility, the platform offers many advanced tools. It’s one of the best ways to save money fast.
For a quick and seamless tax filing, consider H&R Block to get your taxes done right. H&R Block provides excellent customer service and a user-friendly interface for you to file your taxes! Based on the experience of our readers, H&R Block has perfected tax filing with easy-to-understand instructions.
Get investment coaching at Ellevest which provides female-only investments. These factor in female pay gaps, career breaks and longer lifespans. Even if you’re brand new to investing, this innovative platform takes you through every step of the process.
You don’t need to travel all the way to Sherwood Forest to make cash thanks to Robinhood’s commission-free stock trading platform. This affordable investment platform lets you get to start making stock investments.
When you’re trying to get your finances together in your personal or business life, credit scoring is incredibly important. To explain, getting to know your credit score allows you to fix issues and start to build healthier finances. FICO scoring is used by 90 of the top 100 major US lending institutions to perform risk assessments.
For shoppers, the Red Card is one of the best tips for how to save money. The card offers 5% savings at Target in-store and online. Better yet, the card also offers savings at a number of other establishments including Starbucks and gift cards. Cardholders also have access to some fantastic exclusive deals to help their money go further.
More Ways to Save
If you’re looking for tips to save money, there are plenty of opportunities out there to check out when you shop around. That said, if you’re strapped for cash in the new year, make sure to check out 9 Genius Ways To Make Money By Working Remotely.
As we head into a new decade, ways to save money are at the top of the list for most of us. We hope this guide inspires a new attitude on savings. Happy saving!
We hope you love the products we recommend! Just so you know, Talk District may collect a share of sales or other compensation from the links on this page.