As many Americans face uncertainty with job security or for those who are currently employed here are some tips to save you money. With folks driving less and staying at home here are some easy steps to keep more of your money. Here are Three Simples Ways to Save Money in the Current Economy.
Insurance companies like AllState
are giving out discounts since drivers are teleworking and cutting down on driving. So simply call your insurance company and tell them your current driving situation and have some of your premium shaved off. Also check other lines of insurance, for example, shop your homeowners policy. Consequently we leave tons of money on the table every year but not shopping our insurance, now is the time.
Call your cell phone company
as they tend to be open on Saturday and Sundays. For example earlier today I called AT&T and got my bill reduced by $20 because I’m connected to WiFi all day. Therefore when I go on walks I leave my cell phone at home to disconnect. This is a good time to look cell phone providers that offer better data and cellular plans.
Evaluate credit cards and subscriptions
with annual fee’s. For example I switched from Chase Sapphire Preserved to the Chase Freedom consequently saving $100’s annually. Similarly the Freedom gives me the same perks except for international travel. For instance since I mostly travel to Ghana and use their cash currency (cidi’s) so I didn’t need international credit card usage. In short I saved $99 and now have a free card for years to come. Weigh in on credit cards with annual fee’s, is it worth it? Can you drop down to the lower tier free card and keep the same perks? I did it with no penalty or charge. Look at Pandora’s free music services or Youtube for music. There are options especially since we’re not driving and stuck in an office with other people.
In conclusion let’s recap three ways to save money in the current economy. If you’re teleworking and driving less call your insurance company to reduce your miles driven meanwhile saving some mullah. For example, I telework therefore my mileage is reduced vastly whereas I was driving to work daily. Similarly call your cell phone company to reduce your wifi if you’re spending more time at home. Lastly drop to the lower level and save a few hundred bucks a year in credit card fee’s. Lastly, a bonus entry, look at your cable bill. In the same vein cutting down on cable to streaming services, you can save a lot of dough.