How To Avoid Holiday Debt With These Money-Saving Tips
Holidays are the most awaited time of the year, but also the most dreaded in terms of finances, especially if you’re someone who’s not good at saving. Luckily, this isn’t a skill you have to be born with; you can start saving today so you don’t end up dealing with debt after the holiday season.
We have some very cool money-saving tips that you can practice all year round, and by the time holidays roll around, you’ll be surprised at just how much you were able to save. We’ll also cover how you can secure emergency money when you’re facing some unprecedented costs through car title loans.
Save The Change
Whenever you make a purchase, but the small change you get in a savings box. You might think, how much difference are some coins going to make? We bet you they will. And here’s our pro tip that will make this strategy very effective: apart from coin change, save your $1 bills too! Then you’ll really have an attractive amount of savings to gloat over at the end.
Since a majority of our transactions are digital these days, save the digital change too. Apps like Chime automatically round up your balance to the nearest dollar and transfer the change into your savings account.
Earn Cash And Gift Cards With Swagbucks
Head over to Swagbucks and sign up right away. Swagbucks might be all you need for gift-giving during the holidays and even throughout the year, because it lets you earn free cash and gift cards in return for doing the smallest tasks on the Web.
Through Swagbucks, you earn points called SBs for doing simple no-brainer tasks like searching using the Swagbucks search engine (works like any other search engine), cashback on online shopping, watching videos, playing games, doing daily polls, taking surveys, doing microtasks, and referring friends to Swagbucks.
Once you’ve collected enough SBs, you can redeem them for cash or gift cards. Normally, 100 SBs equal $1 sent to your PayPal account and less than 100 SBs for the same credit on Amazon. Users average about 30 SBs a day spending a negligible amount of time, and if you put in a little effort, you can even make up to 100 SBs a day. Multiply that by 365 days a year, and you’ll end up drooling over that money.
Setting A Budget
If you don’t keep track of where your money goes or how much you spend in a month, it will be almost impossible to save anything. You need to set up a budget. Dedicate a portion of all your bank deposits to be sent into your savings account. 5-10% is good to start with. Whenever your paycheck comes in, 10% goes straight into savings, and then there’s no touching that money (unless it’s a big financial emergency or holiday shopping time is upon us).
How To Keep Your Holiday Money Safe
If you’ve done your part and carefully budgeted to prepare for the holidays, you probably feel like you’re good to go! But what happens in the event of an unprecedented emergency? What happens if your holiday budget is in jeopardy? If this sounds familiar, car title loans can be easily acquired to handle your emergency.
What Are Car Title Loans?
Car title loans are a short-term secured loan that allows you to leverage the value of your vehicle title in order to secure fast emergency money. They’re easy to get and, as I said, they’re very fast! In fact, you can complete your application in as little as 30 minutes and you’re also likely to receive your money on the same day. Because of this, title loans are much easier than traditional loans and you’ll only need to supply a few pieces of information, many of which you’ll already carry on your person:
- Your driver’s license
- The title to your vehicle
- Your vehicle for inspection
This brings us to our next topic, how to apply for a Southwest Title Loan. Here’s a step-by-step guide to what that process looks like:
- You fill out a short form found on our homepage.
- Upon submitting it, you’ll receive a phone call from a loan representative who will schedule a meeting to inspect your car.
- During the inspection, the representative will review your information and determine how much money you’ll receive.
- You’ll fill out the paperwork, ask any questions you have, and you’ll receive your money often on the same day!
Another benefit to auto title loans? We don’t keep your car for the duration of it. You keep and operate your car as you normally would. When it comes to saving money and making sure you have enough to handle your holiday expenses, especially in the face of an emergency, we specialize in getting you emergency title loan money. Don’t wait until your budget is jeopardized. Start your application today!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.