#Smart money moves free#

Make the Absolute Most of Retirement Funds So it's not just savings you're earning you're also creating peace of mind. And the number-one thing that keeps people from going into debt is having sufficient funds for life's emergencies - a car repair, temporary job loss, etc. As a result, you’ll meet your retirement and emergency savings goals and will avoid the need to use credit cards or loans to pay for unplanned expenses.

#Smart money moves free#

You will adjust to your new pay amount, and without those funds showing up in your bank account, you'll be free of the temptation to spend that money.

Set up automatic savings deposits from your paycheck and you'll see how quickly that little bit of money will add up over time. SAVINGS 'Pay yourself first.' It may be a cliché saying, but that doesn't mean it's not the right idea. This is because the highest credit scores earn the lowest interest rates. (Frequent late payments can ding your score missed payments always have a penalty.) With a good credit score, you’ll save money - lots of money! - whenever you need to secure financing, for a mortgage or to buy a new car. You can improve your credit score, save money and more with a few automations.īILL PAYMENT Automating your bill payments means that you will never accidentally miss a payment or be late to pay, which will help you maintain a solid credit score. Making good financial habits automatic - something that doesn't require your thought or attention once you've set it up - makes good sense. A lot of times that need will vanish and you'll still be holding on to the funds you would have spent. If you see an alternate carrier offering a plan that costs less than what you currently have, call your vendor and ask if they will meet that price in order to keep you as a customer (it is much cheaper for a company to maintain a current customer than to land a new one).īut the most important part of conscious consuming is this question: Do I need this? Is this a must-have right now item? If the purchase can be deferred or delayed, then way. What about your monthly bills? Are you getting the best rates for your internet and cell phone plans? Believe it or not, these rates can sometimes be negotiable. When you become a thoughtful consumer - think, check, compare before you buy - you learn that there are bargains to be found everywhere.įor example, does your bank offer free checking? If not, it may be time to investigate other banks that do offer free checking. Coupon-clipping may strike you as boring, but when you can save $20 to $30 and more off of your weekly grocery shopping, that time investment suddenly feels very valuable. Become a Conscious ConsumerĬonscious consumers are constantly on the alert for ways to save money. So, here are four good money habits you can adopt today to put you on the road to financial freedom. As with all habits, once you incorporate them into your life, you’ll find yourself doing them without even thinking. Adopting good money habits is the only way to create a life free of financial stress and to start building wealth.