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Dec
27

Finance Tips: How to simply cut spending leaks

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While doing the utmost to save as much as we can, sometimes spending leaks is inevitable. It is like a pain in the ass but if you know how to deal with it, you will get everything back straight on the line. Here are 5 ways to simply cut spending leaks. Hopefully, it works for you.

1. Turn off the TV
Are you rarely watching premium cable and satellite channels in your house? It’s time for you to unsubscribe or simply downgrade the service. Make a call to your provider and ask is there any promotion or discount at the time.

2. Cut down your subscriptions
If you find yourself rarely read newspapers and magazines, while you still subscribe to them, just quit it. After all, we can enjoy reading everything on the internet for free.

3. Escape the banking fees
Be very careful before paying each month after banks changing their products. Mind the fees related to the paper statements, overdraft protection and excessive transactions.

4. Never late paying bills
Do not be late to pay monthly bills. If you find it hard to remember the date, use alarm or just check into automatic payments that are perhaps available.

5. Cook your own meals
Do not eat out unless you really need to. Eating homemade cooking can save your money, a lot. Even though, it is only 5-6 dollars that you save, it’s great if you accumulate it in one year.

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