Money, Money, Money, Monnney…Monnnnney

“New year, new me!” For most, that’s not the case when it comes to saving. With it being the second month in the year, how much have you saved? If your answer was anything under $100, well, you want to definitely keep reading to get a few tips.

Just before 2016, I read the most interesting quote from Warren Buffet that completely changed the way I thought about saving; “Do not save what is left after spending, but spend what is left after saving.” I’m not sure why, but I never really thought about it like that. Once all your bills are taken care of, there should be something left over for you to spend, so why not just put a little of it away then spend the rest. Once your bills are paid everything else you buy is considered a luxury

​If you’re like me then I’m sure you take a Walmart trip at least once or twice a week. I’ve wished for a rewards card for so long until I finally discovered the Savings Catcher. If you download the Walmart app and sign up or log in, you’ll see on the first screen where it states “savings catcher”. Now, with this you can scan your receipt and if there’s any place near your location that has an item on your receipt for a cheaper price then Walmart will match the price and you will receive that difference on an eGift card that can be used at Walmart or Sam’s Club or for online purchases. You can also choose to get a Bluebird debit card which will allow all your rewards to be transferred to your card and you can use that money anywhere you like. I know some of you might think it’s a scam, but I can tell you from experience that it’s not. I used it and received $1.09 just from one receipt of 10 items. Now you may say that’s not a lot, but that’s extra money in my pockets that I can now save.

The last tip I will recommend would be to open a certificate of deposit savings account. It’s an account that you will be penalized for if you transfer or take any money from that account. Depending on your bank, you can have one for six months or a year. You may also be able to extend them for a longer period of time. I use my accouint as a separate savings account because I’ve noticed how I’ll save, but somehow manage to dip right into my savings accounts a few weeks later. Now with the certificate of deposit savings account, I do the 52 week savings challenge. By doing this challenge, I’ll have $1,378.00 by the end of the year. The trick however, is to add more than what you’re suppose to that way you’ll have even more. You can double your amount to put in each week or maybe even triple for my big ballers out there. If you do any of these you’ll definitely be able to save. If you do all three you’ll be able to save a lot throughout the year. All you have to do is put your mind to it!