Whether it’s living a healthier lifestyle, spending more time with friends and family or better money management, our new year resolutions are commonly broken by February. In most cases, these resolutions don’t make it to December due to a lack of foresight, fortitude or a combination of both.
To help ensure you stick to your goals, we’ve come up with seven sure-fire ways to help you save money throughout the year, whether you live in Vietnam, Vienna or Toronto.
Cooking dinner after a long day can be time-consuming, especially when you can order a pizza in the blink of an eye. However, all that fast food can add up to a lot of money and unwanted pounds. Plan your meals around sales and corresponding coupons that are available. You can save $20 or more per week by packing a lunch and cooking your own meals and odds are you’ll eat healthier as well.
Save for a Rainy Day
One thing you can always expect is the unexpected and sometimes, when it rains it pours. Set aside a portion of your income every month for emergencies, like pricey auto or computer repairs to avoid using your credits cards too often.
Cut Your Clothing Budget
Start by reducing your yearly clothing purchases by a third if you can. Make the most of your wardrobe and avoid fashion trends by sticking with classic looks and flexing your creative muscles.
Save on Auto Insurance
There’s a good chance you’ve been with the same auto insurance company for years. So now is as good a time as any to shop around for a better deal! Use online comparison tools from NerdWallet or Insurance.com to get multiple auto insurance quotes at once.
Bypass the Bar
There’s nothing wrong with the occasional beer or cocktail but beware of the bar, where the cost of alcoholic beverages can skyrocket quickly. And don’t even consider driving drunk; a DUI (driving under the influence) can cost $15,000 or more. Save money by drinking during happy hour and get a ride home.
Renegotiate Your Debts
It’s a little-known fact that you can negotiate lower interest rates on your credit cards. So as you’re re-thinking your finances, consider calling your creditors and lower your debt!
Live a Healthier Lifestyle
An active and healthier lifestyle will not only improve your overall well-being and add years to your life, it will save you thousands on doctor visits and medication. Look at maintaining a healthier lifestyle as a benefit instead of a punishment and you’ll have a much easier time adopting healthy habits.
Save money with these new year’s resolutions and have a great 2017!