Simple Changes to save you almost $3000

Posted by admin on Apr 22, 2009 in Saving and Investing |

We have put together a list of simple changes to your budget and spending habits. By making these changes you could be almost $3000 better off in a year.

Changes

Details

Approximately yearly saving

Cut out a magazine a week

$3 x 52

$156

Cut your daily take away coffee

$2X260

$520

Bring your own lunch to work

$6X250

$1500

Switch your checking account to free checking or high yield checking account

Quarterly average fee of $10

$40

Switch your home insurance

Based on profile of 4 home insurance cost comparison .Switch from highest to lowest

$180

Switch your auto insurance

Based on profile of 3 auto insurance cost comparison .Switch from highest to lowest

$180

Total Annual saving

 

$2576

You can earn more money by switching your savings and checking accounts

Changes

Details

Extra interest earned

Switch your regular saving account to high yield saving account

Based on online savings account Switch from 0.25% to 2.25% (such as gmacbank.com). Average balance of $2400.

$48

Switch your checking to high yield checking account

Based on average checking account balance of $10000. Switch from 0% to 5%. See listing at http://www.highyieldcheckingdeals.com/

$500

Total interest earned

 

$548

 

Reply

Powered by WP Hashcash

Copyright © 2010 dealworthy.net All rights reserved. Theme by Laptop Geek.