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10 Ways to Improve Your Finances Immediately

10 Ways to Improve Your Finances Immediately

If you just feel like there never seems to be enough money to do anything extra, it could be time to take a look at how you're handling your finances.  

Sometimes even small changes can make a big difference.

  1. Time is money. Start a side business or work on your qualifications so you can get a promotion at your job.
  2. Find ways to cut spending. It really doesn't have to be more elaborate than stopping at a dollar store for basic items instead of that deluxe specialty store.
  3. Say no” to impulse buying. And not just in a brick-and-mortar store either. Unsubscribe from those email sale reminders, too.
  4. Look around the house. If cooling costs are making you hot under the collar, check your home's insulation or to have the air conditioning system serviced.
  5. Clean out that wallet. Keep track of your spending for a month and try to set up a realistic budget.
  6. What else is in that wallet? If you're walking around with all your valuable information in your wallet, you're apt to lose a lot if it’s stolen.
  7. Pay attention to when you spend. For example, if you go a bit overboard when you go out to lunch, make those cash only events.
  8. Splurge! There's no reason you can't indulge yourself now and again, but try smaller treats, more often. 
  9. Join a credit union. They tend to have lower fees and higher savings rates than regular banks.
  10. Remember the first rule about credit cards: Never spend more than you have. 

You don't need to be a financial genius to improve things. Just keep an eye on the situation and do what you can.