Developing bad habits is easy, developing good ones can sometimes take some hard work. Below is a list of some good habits worth developing. They will save you a lot of money over time and help you on your journey to becoming financially free.
1. Keep on top of the economic news. Pay attention to how retail outlets are doing. If you hear of a store closing down, check out their clearance sales. If the media is reporting that sales have been sluggish recently, then you know it’s a good time to shop as the prices will be lower.
2. Fill out the consumer surveys that you get in the mail and within a few weeks you will receive coupons for various household products.
3. Pay attention to various advertisements both on TV and in your mailbox that offer special deals on cable TV, telephone, etc. Often they will offer you a deal if you call up your current provider and tell them you are thinking of switching to the competition. It’s worth a try, and if they aren’t willing to accommodate your request, you can always switch. Why pay more than you have to?
4. When making purchases, use credit cards that will give you rewards. Make sure to pay off your balance each month to avoid finance charges. If you have credit cards that don’t give you any rewards, cancel the cards as there are so many credit cards out there these days that offer benefits of all kinds.