Invisible Saving Strategies that Rock!


Bangalore: Feel like you have a hole in your pocket? Are you finding it difficult to survive in this survive the economic downturn? You would have received several money saving tips, and would have implemented them. You have worked on the advice given to you by your financial brokers, family and peers. Some clicked while a few of those strategies didn’t prove useful. However, you can follow these helpful "invisible" savings tips to ensure you're meeting your financial goals. It is important to note that while learning to save money, it is really essential that you do things right. If you don't, the effects may be terrible.

Checkbook Roundup 

 

Turn balancing your checkbook into a way to save money by entering each transaction rounded up to the nearest amount. For example when you are paying your credit card company you tell them to round up your payments. If it is 18.55, you round up to 20, pay the 18.55 and toss the rest into a savings account. There are certain banks that are coming up with this latest innovative program ‘round up saving’. Check if your financial institution provides this service, because this new service is an easy way you to save money and balance your checkbook by rounding up the debit card purchases to the next value. It’s simple and the savings can really add up.