If you want to save money, there are usually options that are open to you – even when you think there is no way out. The answer most often lies in the phone that you’re holding in your hand or in the laptop that you are looking at right now. Technology gives us so many opportunities to cut down on what we are spending and increase the amount that we’re bringing in. Interested to learn more about how you can leverage technology to save money?
Cutting Costs
You can save large amounts of money by paying all of your bills online. Companies now waive service fees when you use their online services. Many banks also allow you to go paperless. While these charges may not seem like much, they do add up over a period of time. For students and those with student debt, you should think about a student loan refinance. You can refinance your student loan online into a new loan helping you to reduce monthly repayments.
Price Comparison
Price comparison websites are everywhere across the internet, and are one of many simple changes you can make to save money. You may just be tempted to stick with what you know, but by making use of one of these websites, you could be saving yourself a lot of money. They compare prices of endless different products and services from utility bills to flight tickets. If you’re not using one, then you are probably not saving yourself money.
Deal Apps
Downloading an app onto your smartphone will give you an easy way to be notified of when there are deals available on certain products and services. As tempting as it may be to go out and buy the latest piece of technology or book a vacation for next week, it is cheaper to have some patience and wait until a deal comes along. This is another easily accessible way to save money and not having one of these apps on your phone is laziness.
Free Wi-Fi
One of the beauties of the modern world is that there is easy access to the internet in most places. You should take advantage of this by using any free Wi-Fi where it is available. If you are a student, your college likely has a Wi-Fi network you can use to do your work. Most coffee shops also have Wi-Fi if you buy a cup of coffee, which is far cheaper than the monthly expenditure you would have to pay on getting connected at home. Not being constantly connected to the internet could also be beneficial to your mental health, helping you to disconnect from the outside world.
Smart Thermostats
Heating bills are one of the largest expenses for homeowners and without a smart thermostat it is difficult to regulate. While you may have the best intentions to leave the heating off all day when you are at work, you also know that when you get home, the house will be freezing cold which isn’t particularly appealing. A smart thermostat uses GPS to know when you are heading towards home and switches itself on. This means you have a warm house without having had the expense of the heating being on all day.
