There are many ways to save money while doing the activities that you enjoy. Whether you need to save money due to financial pressures or you want to buy something new without sacrificing everything you love, you can put money aside without noticing it if you make small changes.
Making small changes will, of course, take longer to build up savings. However, if you are looking to save a small amount of what you would usually spend due to an unexpected bill, below are some ways you can achieve this.
Make the Most of Loyalty Schemes
Many companies will offer their customers loyalty schemes or bonuses to continue spending money with them. If you enjoy stopping by your local coffee house on your way to work or after the school run, check if they have a loyalty scheme in place.
Many coffee companies will offer a stamp for every hot drink purchased with a free drink after a set number of purchases. Whether your hot drink is an every-morning necessity or a once-a-week treat, this type of bonus will build up over time without you spending more or doing anything differently.
Some stores will also give you an additional loyalty stamp if you use reusable cups or bags for your purchases, getting you a free purchase quicker.
If you enjoy a casino and online gambling site, you should review which bonuses and loyalty schemes are available on the site you enjoy. Most online casinos will offer a joining bonus such as a free credit e wallet slot game, or match deposit bonus.
However, many users do not know about or check for loyalty bonuses for ongoing customers. Many sites will have regular offers, though you may need to remember to go to a specific part of the site and look for them. Making use of the bonuses can save you the money you would usually have to deposit if you can win bonus cash to spend.
Round-up Savings Schemes
Many banks are now offering round-up savings schemes to help their customers save small amounts when making card purchases. You will have to opt-in for this type of scheme, but once you have done so, you will begin saving money without having to think about it.
A round-up savings scheme is simple: every time you make a purchase with your card, in stores or online, the amount of the purchase will be rounded up to the nearest dollar. The difference between the amount of the purchase and the nearest dollar will then be transferred to your savings account.
Many customers say they do not even notice the extra cents leaving their current account. Depending on your spending habits, you can save tens of dollars per month without noticing the money being moved.
The savings will be the same as any other instant-access savings account, so you can use that money whenever you need it. A round-up savings account can be an excellent way to save money for a weekend away, Christmas shopping, school supplies, and much more.