Technology has seen many advancements over the past two decades. And as you head into 2020, there’s no reason you shouldn’t be using it more often in everyday life.
Make technology work for you by utilizing it to your advantage when it comes to your financial health. Whether you decide to automate your banking, negotiate your bills, or get a loan online, saving money is just an internet search away!
Rather than browsing your options online for hours, take our advice and try out these four easy ways technology can help you save money!
Try a Bill Negotiation Service
When it comes to saving money conventionally, lowering any monthly subscription costs is your best bet, and you barely have to lift a finger! With the click of a button, better subscription prices will be on their way.
If you’ve never been good at lowering your monthly bill, there’s a service that can help you. Billshark will negotiate your bills down for you and with a 90% success rate, we guarantee you’ll be swimming in some green rather than with the fishes!
Lower Your Mortgage Payment
Another hefty cost that has a great effect on your monthly budget is your mortgage payment. While you might think that you’re locked into your current agreement, there are plenty of commonly used loopholes to lessen the damage of your home loan.
There are some specific times in life when changing the terms of your mortgage may make the most sense. If your credit score has vastly improved since you first signed on the dotted line or you’re refinancing for a lower interest rate, making changes to your loan could be your best plan of attack to aid in saving. Just be sure to do your research and consult with a professional before making any rash decisions that could affect your finances in the long term.
Track Your Spending
Gone are the days of recording your spending in your checkbook. Thanks to mobile budgeting apps, now you can keep track right from your pocket.
Various smartphone applications are now available at no cost to you. You can sign up, plan out your budget and start saving right away! You can even get text alerts which help prevent overspending in real time. No matter which platform you choose, saving money won’t be far behind and you can finally fill your virtual piggy bank with ease.
There’s something about a method so tried and true that it’s impossible to deny. This just happens to be one of them. Fortunately, we don’t mean digging out the scissors and clipping from the Sunday paper. With couponing apps, you’ll be adding to your savings account in no time.
All you have to do is download them to your phone or add their extension to your browser and saving money becomes a breeze! From shopping for groceries to getting cash back to whatever your penny-pinching penchant may be — there’s an app for that.