Photo Credit: bestpharmguide.com
Let’s face it – saving money has become a lost art these days. The fact is, it’s never been easier to spend money on borrowed credit. For past generations, there was a social stigma associated with debt spending, and consumers were almost sheepish about having to make use of such practices. These days, that negative view of spending beyond our means has largely vanished, and borrowing on credit has become the new societal norm. In this article, we will explore some of the many options that are available to helping you save money in the online world.
For instance, there is nothing wrong with borrowing on credit – so long as you are in control of your finances. Credit card perks such as Airmiles, Cash Back rebates, and Hotel and Car Rental Discounts are attractive reasons for why spenders should take advantage of credit. The problem is, far too many people let their expenses get away from them. Here we’ve rounded up some great tips for helping you to take charge of your financial situation. By itself, it won’t make you wealthy; however combine it with a strict budgeting game plan and discipline, and you’ll definitely be on the right track.
1) Find the best bank that suits your needs
I can’t stress enough just how important this is. I see far too many people ‘nickel & dime’ themselves to death on transaction fees, monthly account fees and service charges. The fact is: banks are not your friend. They are organizations that are in the business of making money. If your bank isn’t treating you fairly, vote with your wallet and find a bank or credit union that gives you competitive rates.
Shop around! Make phone call inquiries or use an online service like Find A Better Bank to help you find a bank/financial institution that offers rates and services that work for you.
2) Research Products before purchasing to find the best value
As consumers, we have almost too many choices available to us these days. In order to make sure you’re getting the best bang for your buck, do your homework and read up on reviews written by other customers who already have personal experiences with said product. Let them be your guinea pig of sorts, to find out what works and what doesn’t.
Amazon.com is an excellent place to start. Not only do they have great deals on a variety of items, but just as importantly, they have a customer review section for each product that allows you to see what other people are saying about the item. Tip: When reading Amazon reviews, look for the ‘Amazon Verified Purchase‘ tag next to the reviewer. It confirms that the particular reviewer has indeed bought the item, and you can generally place a higher level of confidence in what that customer has to say.
In addition, take advantage of speciality sites, such as CNET (electronic reviews) and VC Reviews (vacuum cleaner reviews) that provide dedicated and critical feedback written by subject matter experts.
3) Sign up for free samples
This is a neat tip that’s overlooked far too often. Websites like allyou.com are constantly offering daily deals, coupons and best of all free samples to their readers. Simply sign up to their email subscription list and opt for a daily notification of the latest items that are up for grabs. Just this past week, some of the free samples have included vitamins, dishwasher cleaning tabs, hand cream and free Christmas music downloads on Amazon!
There are plenty of similar websites out there offering the same kind of deals. Start hunting for these websites by using Google to search terms like ‘free samples online’ and ‘sign up for free samples’.
4) Become a DIY extraordinaire
This is probably my favourite method of saving money online. For the uninitiated, DIY stands for ‘Do It Yourself’ and relies on low-budget tips and tricks to solve real-world problems.
For example, I had a old, weather-worn coffee table that had seen better days. Rather than trashing it and spending money buying a new one, I researched a DIY on how to fix up the existing table. I was able to save money as well as pick up a nifty new skillset. Kudos to this neat little article for helping me with my DIY project!
Likewise, there are a ton of other DIY tips and tricks to help you save money. Of course, depending on the project, it will require a certain amount of time investment, but it’s often worth the effort. If you’re a visual learner, YouTube is an excellent place to start. It has a ton of DIY step-by-step walkthroughs posted by users for you to be inspired by.