5 Ways to Save Money Now
These helpful tips can help you manage your finances more effectively and save money.
1. Create a budget
Document all income and expenses in a budget spreadsheet. Create your own or choose one of the free options in Microsoft Excel or Google Sheets. A spreadsheet will help you to better understand where you’re spending and identify where you can cut back.
2. Automate savings
Set up automatic transfers from your checking account to a savings account to ensure consistent savings. By scheduling these transfers for a specific date, such as right after a paycheck, you can build your savings effortlessly. This practice not only helps you develop a regular saving habit, but it also minimizes the temptation to spend that money.
3. Shop smart
Make a shopping list and stick to it to avoid impulse buys. Look for discounts and sales, use coupons, and compare prices before making purchases.
4. Buy in bulk
Purchase non-perishable items in larger quantities to take advantage of bulk discounts and reduce the frequency of your shopping trips. With a good stock of items, you’re less likely to make last-minute purchases, which can be more costly.
5. Cook at home
Save money by preparing meals at home. If you make dining out an occasional treat, you’ll enjoy it more and see the savings add up quickly. While we can’t make grocery shopping less of a chore, we can make it more rewarding with 5 percent cash back at grocery stores when using the AAA Daily Advantage Visa Signature® Credit Card.1 Apply at AAA.com/CashBack.
For more money-saving ideas, visit AAA.com/Money.
1 Offer is exclusive to AAA Daily Advantage Visa Signature® Credit Card holders enrolled in the AAA Daily Advantage program. For offers associated with a specific category, earnings will only be awarded if the merchant code for the purchase matches a category eligible for the offer. Each merchant is assigned a code by a third party that indicates the merchant’s area of business. Comenity Capital Bank does not have the ability to control assignment of merchant codes. Maximum of $500 cash back earned in a calendar year at grocery stores, wholesale clubs and gas stations combined. After that, purchases will earn 1% cash back for the remainder of the calendar year. Cash Back can be redeemed as Statement Credits, Direct Deposit, Rewards and qualifying purchases at participating AAA locations. This rewards program is provided by Comenity Capital Bank and its terms may change at any time. For full Rewards Terms and Conditions, please see AAA.com/AdvantageDailyTerms.
Credit card offers are subject to credit approval.
AAA Daily Advantage Visa Signature® Credit Card Accounts are issued by Comenity Capital Bank pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association and used under license.