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Do you like traveling? Let me answer that question for myself, yes, I love traveling however it is not cheap.
If you are constantly traveling, you will definitely have to dive deep into your pockets and this is why a number of people tend to restrict their travels for vacations or family emergencies which may happen once or twice a year. However, the concept of travel hacking may work in your favor if you are a travel fanatic like me.
WHAT IS TRAVEL HACKING?
Travel hacking is the art of signing up for travel credit cards and collecting credit card points, hotel points, and/or airline miles you can cash in for free flights, flight upgrades, hotel stays, transportation, and more.
Now that you have an understanding of travel hacking, I bet you find it attractive but if you are still on the fence about it, here are a couple of advantages to it.
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It’s always a good idea to save money. Especially with the looming cloud of inflation and recession in the economy. Does your wallet or bank accounts seem a little lighter recently? You might want to start looking for ways to cut your monthly expenses and save as much money as you can. You’ve come to the right place. I have five fast and easy ways for you to start saving money starting today.
1. Sell Unused Items
Everyone has a collection of unused items lying around the house. Why not make money by giving that item a new home? Collect all these items that no longer serve you and sell them for a small profit. You can make a listing on websites such as Facebook MarketPlace, Depop, eBay, Mercari, etc. Take a picture of each item and set your price. A listing takes less than five minutes to create and post. Here is podcast episode I did with Jason Butler on the topic. Take a listen.
During the summer months you can also have a tag sale. You can get the whole family involved. I have seen it where several families on one street host a block or street wide sale which works really well. This will help declutter your home, condo or apartment as well.
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It doesn’t matter your age. Everyone can benefit from saving for retirement. There are many different ways to save for retirement. Like budgeting, spending differently, and much more. Forget about what you haven’t done in the past. It’s never too late to save for retirement. Take the first step by following my tips on not to start saving for retirement!
Try out this budgeting exercise. Determine your income and how much you put towards expenses. You’ll have a clear understanding of your financial situation and find areas you can save in.
Start budgeting using the Qube Money app that allows you to make personalized digital budgeting envelopes.
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As we enter into the second quarter of the year, let’s take a quick moment to revisit one of the most common goals people make in the new year - saving money. Whether a home purchase, a vacation, a new car, or other items, the issue usually isn’t how much we make or have it is how best to save some of it. I have worked with many who ask if I am living paycheck to paycheck, how can I save? Here are three ways you can stop delaying achieving your goals and start saving money today.
Write something about yourself. No need to be fancy, just an overview.