Its bank holiday weekend. But rather than going to see family and friends, most of us will still be cooked up inside. Why not use it to improve your finances? Setting yourself up for financial success doesn’t have to be painful. In fact, it’s probably easier than you think.
15 Things You Can Do Right Now To Improve Your Finances
1. Go through your old books and clothes and see if anything you don’t want is good enough to be sold on consignment or eBay.
3. Look into investing in order to grow your money and earn a second stream of income. Start off with this stock market guide and have a look at the investing section of this site. A good stockbroker to start with is Freetrade as they are giving FREE shares for even new user sign up.
4. Join QMEE and start earning free Amazon gift cards or cash via PayPal from surfing the web.
5. Set up a financial plan – this is essential for taking control of your finances and accomplishing specific goals. Priorities you goals and create timeline for the big milestones you want to accomplish in your life.
6. Move all your credit card debt onto a low-interest line of credit, then cut up the credit cards so you’re not tempted to spend.
7. Explore bundling your tv/phone/internet for a lower monthly bill.
8. Comparison shop your insurance -take an hour out of your day to make some phone calls to other insurers to comparison shop. You might be surprised to find that you can lower your auto, home, or life insurance premiums by quite a bit.
9. Identify a professional degree or designation that will take your career to the next level. There are lots of online opportunities available so get searching
10. Its never too early to start looking into your taxes. Find out how much you’ll pay and look for ways to reduce what you’ll pay such as by claiming business expenses, pension contributions, or charitable donations.
11. Spend an extra 10 minutes looking for coupons to reduce what you spend on groceries this week.
12. Call to negotiate a lower rate on a credit card or loan or other bill.
13. Spend an hour hacking your budget. Set a goal to find an extra £100 per month in savings by reducing your spending.
14. Start saving for retirement by putting £50 in a pension. Think £50 doesn’t matter? Every pound you save in your 20s is worth as much as £8 or more by retirement.
15. Update your resume and spend 1-2 hours browsing job postings sites to identify current or future opportunities you may be interested in. Even if you’ve already got your dream job, it’s always good to take a look!
I Hope you have found this list of suggestions to improve your finances helpful! If you have more to add, feel free to post in the comments below!