If you are someone who loves to procrastinate when it comes to saving money, we have good news! Here are 7 lazy ways that can help you save money.
Let’s face it – we all want to save money. But with our everyday chores, saving money can be overwhelming and might look like a daunting task! To make life easier for you, we have come up with 7 lazy ways that can help you save big bucks!
Schedule Automatic Payments
Do you constantly live in the fear of missing payment dates on your Credit Card bills, loan EMIs etc.? Don’t worry! Just opt for auto-pay option through your bank’s online bill paying service and avoid hefty late payment charges. It will only take a few minutes!
Make The Most Of Your Credit Card Rewards
Did you know that the right Credit Card can help you save a lot of money? It’s true! Get a Credit Card that matches your personality and lifestyle, and you are sorted. For instance, if you are a big movie buff, then you can get a Credit Card that offers FREE movie tickets every month.
From cashback to rewards to travel cards, there are a host of options for you that can get you great rewards and bang for your buck, provided you use them wisely.
Don’t have a Credit Card? Check out instant-approval Credit Card offers here.
Transfer Your PF Account
If you’re switching jobs, it’s smart to transfer your Provident Fund (PF) account to your new employer, instead of withdrawing the money. By doing so, you’re keeping the money invested for a long time and accumulating interest on the same.
Try Balance Transfer
Although it’s not a good practice to skip your Credit Card or loan payments, there are times when it gets difficult to pay the amount in full due to unforeseen circumstances. If you find yourself in such a situation, you can opt to transfer your balance to another Credit Card or loan that offers a lower interest rate and fees, compared to the one you are currently holding. More savings, yay!
Check this: How To Use Balance Transfer To Cut Down Existing Credit Card Debt
Knock Off Expensive Habits
It’s easier said than done. We get it! But look at the bright side – you can save boatloads of money by kissing goodbye to costly habits like smoking, drinking, frequently ordering-in etc. Instead of wasting your hard-earned money on your favourite sins, you can use this money to travel, buy a car or your dream house, or invest it in Mutual Funds.
Additional Reading: Money Management Tricks That Make The Rich Richer
Staying At Home Is A Good Idea
You can save a lot of money by simply staying at home! Think about how much money you can save on fuel, cabs or random purchases. And you can stay in your comfy clothes all day and probably binge-watch your favourite Netflix series! Win-win!
Use The BankBazaar Mobile App
Do you find it difficult to keep a track of your monthly expenses? The BankBazaar Mobile App can help you manage your money on the go! The app sends you timely bill payment reminders and gives you a real-time update of your bank balance. Additionally, you can check out the latest offers on loans and Credit Cards, check your Experian Credit Score for free, or stay up-to-date with the latest in the world of finance.
There you have it! If you are thinking about getting a Loan or Credit Card, but the tireless paperwork is getting in your way, we have instant-approval offers exclusively for you. Check them out!