4 Unique Ways To Save More Money in the New Year

If you’re starting off the New Year motivated to start saving more but are guilty of not really doing enough in the past. You’ll have to start small, and by this, in painless ways that won’t affect your lifestyle in any way.

That said, here are 4 unique ways by which you add more money to your savings account this year:

#1: Protect your phone

Our phones hold sensitive information about us and that includes even financial information. There are a number of things to do to avoid your phone falling in the wrong hands. Some of them include activating password protection, disabling your phone from connecting to public Wifi spots or even staying away from online stores or people who aren’t familiar.

#2: Calculate your retirement number

Ensure you arrive at a number that you would like to enjoy your retirement with and which will remain in line with your lifestyle then. There are a number of online calculators that will help you with this. If you want a simple number, then multiply your salary by 12 to get a quick figure.

#3: Avoid silly tax mistakes

There are a number of errors that you can make when it comes to filing your taxes. Some of them include silly math mistakes, filing it on paper instead of electronically, not updating their household status or even filing very late.

#4: Reduce your energy bills

Make sure you are reducing heating costs in the winter and cooling costs in the summer. For this, make sure you check the insulation in your home and plug all holes without fail. Make sure you conduct regular checkups of your air conditioning and heating unit. Also, close the shades and use an adjustable thermostat so as to pay less when you’re not at home.