Witty Living with Payday Loans Part I

Start Saving Money Today With These Money Saving Tips!

Personal Money Store, the Internet’s number one source of online payday loans, would like to give you some additional money saving tips to help you brave the current economic storm. Implementing one or all of the strategies below will guarantee you financial savings and help each payday stretch a little further.

Eliminate impulse buying

Impulse buying is the primary cause of consumer credit debt. We tend to “impulse buy” when we go shopping with only a vague idea of what we are shopping for. This results in extra cash being spent on things that are either not needed, or unnecessary.

When you go shopping, whether it be for Christmas, birthdays, or groceries, be sure to write your self a list of what it is that you have in mind.

You will also want to guesstimate the expenses so that you have a realistic expectation of what the day’s shopping is going to cost you and therefore help you to prioritize your purchases , control impulse buying and stop the accrual of unnecessary debt.

Investing in a new car filter can save you money

The last thing many of us ever get around to is vehicle maintenance however staying up-to-date on your vehicle’s tune-ups can and will save you extra money in the long run.

Regular maintenance prevents one problem from starting another, and when it comes to things such as clean oil, your fuel efficiency is the big money saver.

One such example is your air filter. Changing out a dirty and clogged air filter can save you up to 10% in fuel efficiency. This equates to about $.15 cents per gallon of fuel.

Expect More From Your Bank

When it come to banking and the payday loans industry, remember that it pays to shop. Each has their own fee structures that they uphold with their customers or clients so doing a little research before settling on a choice can pay you dividends in the long run. With payday loans in particular, you can use a broker such as personalmoneystore.com who will help to match you with the best lender possible.

When setting up an account with your bank be sure to obtain a list of fees and attempt to negotiate the fees with your account representative. The banking industry is a very competitive field and will wave fees just to keep you as a customer.

If you have a considerable chunk of change that you hold in reserve in your savings account then you should be able to request free checking as well. Remember the bank uses your money to make money, and when you leave, your money leaves with you as does the banks opportunity to make money with your money.

Pay Off Your Monthly Credit Card Balances

Americans on average can pay up to a thousand dollars a year in credit card interest. By paying off your credit card balance in full each month you save yourself a fortune over time.

If you already have a substantial debt accumulated on your credit card you can save money on the monthly interest fees by performing a balance transfer. Introductory credit card offers will give you anywhere from 6 to 18 months at a 0% interest rate, giving you a chance to make some headway on your debt and avoid additional fees as well.

Keep your eye on personalmoneystore.com’s payday loans blog for additional money saving tips in part two of this series on Witty Living.