Think you know the secret of how to save more money fast? Think again!
Need advice on how to save more money fast? You’ve come to the right place. We’re experts on making the most of what little you have on hand. Whether you have an emergency bill, or you’re saving fast to take advantage of a once-in-a-lifetime opportunity, Title Tree has many options for getting you the cash you need in record time. Here are our best 4 tips for saving money fast:
1. Save Hundreds of Dollars Instantly
If you need to save money quickly, you can’t worry about shaving pennies off your bills. You need to know how to get big chunks of cash reserved right away. That can’t happen without a few changes, but those changes might not be as severe as you think. For instance, even if you’re locked into a cell phone contract, you can put your service on hold for a month. The same goes for your cable and internet providers, along with anyone who bills you monthly for ongoing goods.
Using this method, you’re going to be without certain services and goods for a while, so figure out some alternatives ahead of time. If you miss these things too badly, you run the risk of taking the hold off before you’ve saved enough money. So plan in advance. Are you putting your cable on a vacation hold? Make sure you buy a few seasons of your favorite shows on DVD. You can save a lot buying them used on eBay. Ditching your home internet connection for a while? Use Lifehacker’s Definitive Guide to Finding Free Wi-Fi to get a quick connection completely free.
2. Take Advantage of Lower Rates Through Loan Refinancing Plans
Student loans and mortgages are two of our biggest monthly debts, but both can be easily refinanced. If you’re carrying too much debt and payments are out of control, take a look at your interest payment. There are several ways to qualify for easy refinancing without any fees. Low income? Unemployed? Divorcing? If these or other circumstances are limiting your ability to pay, your student loan will likely work with you on an easier repayment plan.
Mortgages can be trickier, but there are still many options available. The key is acting as soon as you know there’s an issue. Making Home Affordable and local or state housing programs can help you work out a new payment arrangement.
3. Declutter and Sell – Sell – Sell
Sometimes, the easiest way to build up a savings fund is to make extra cash, and what’s the fastest way to do it? Declutter and downsize your possessions. Comb through your belongings and get rid of anything you haven’t used in six months – heirlooms aside. Clean them up, get them in good working order, and then photograph them to sell them online.
Popular places to sell your items without paying fees are Facebook buy-and-sell or garage sale groups, and Craigslist. Just do things the smart way. See when other sellers in your area are meeting and where they go. Then join them. This gives you protection you don’t have when meeting strangers at a residence or on your own.
4. Use Your Car Title for Collateral
Need money immediately? We have one option you can count on to pay out in just a few minutes. Head to Title Tree with your car title in hand, and you drive away in 20 minutes or less with all the money you need. Set up a payment plan that compliments your current budget, and don’t stress over being interrogated by the bank.
Visit your nearest Title Tree store for more tips on spending less or how to save more money fast. You can also get in touch if you need a little help making ends meet right about now. We’re always there to help.