2017 is here, and we desperately want it to be better than 2016. And that’s why this year we’re going to focus on money. Not obsess over it, mind you, but just pay more attention to what works and what doesn’t, and think about how to trim away the excess expenditures that seem to be hogging all of our savings as well as fun money.
So to start this financial focus, start by looking into credit card offers, passive income, minimizing and selling your belongings, saving on energy, and buying things as part of a group effort. Taken collectively, these actions can make all of the difference in the world in the coming fiscal year.
Credit Card Offers
What type of credit card you have can make a big difference in the overall scheme of your finances. Having different credit cards mean having different credit limits, different interest rates, different cash back potential, and sometimes will even make a difference as to whether the card is accepted at some retailers or not (though this isn’t as big of a deal as it was a generation ago). So, choosing the best credit card offer can mean a change of potentially thousands of dollars in a year, depending on your spending habits. Be sure to choose wisely.
By doing things that allow you to make passive income, you’ll also be expanding your financial culpability in the months ahead. A classic way to try to take advantage of passive income opportunities is to look to the Google Adsense program to see if you can make a few extra bucks by allowing advertising on a website that you produce and present.
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Minimize and Sell
When you minimize your belongings, there are several positive financial aspects that come into play. First, you make money by selling your things off. Second, you don’t have to pay to maintain or store those things anymore. And third, there’s a peace of mind that’s priceless that comes from only having what you need around your home.
Save On Energy
Another good way to look for money that crawling around your periphery is to save on energy costs. You can do this by doing simple things like programming your thermostat or turning light bulbs off when you’re not using them, or you can also purchase energy efficient appliances so your monthly energy bills will be less.
Buy Things As a Group Effort
If you’re thinking about making a major purchase, consider doing it with a group. If you don’t have to have access to some piece of equipment all the time, simply by owning as part of a group effort will drastically reduce all of the time and money you have to put into a new object for your use.