The Five Most Effective Money-Saving Hacks on Social Media

If you’re on the Internet, then you have probably seen a variety of how to money-saving hacks on social media.

Money-Saving Hacks on Social Media The Internet is a wonderful source of discovering new ways to save. From simple ideas to elaborate schemes, you can probably find it online, especially looking for money-saving hacks on social media. With so many ideas floating around the web, it can difficult to figure out which ones are the most promising. Here are a few to get you started.

Hack #1: Credit Cards

This sounds a bit counterintuitive. Many money advisors recommend staying away from credit cards if you want to save money, not use credit cards, right? Yes, that’s true, but for those who can use credit cards responsibly and avoid paying interest and fees, credit cards provide an amazing way to save money.

Due to a competitive credit card market, credit card companies fight very hard to win over new customers. They do this by providing generous rewards to those who use the credit card. These rewards can be anything from 1% to 5% cash back or tens of thousands of airline miles. For many credit card users, they can reasonably expect up to 5% cash back on purchases made with their credit card or save up enough airline miles to save a significant amount of money on their next vacation.

Hack #2: Use of Click-through Websites

When you shop online, you probably start by pulling up your web browser, typing in the web address for the website you will shop at, then start your shopping session. There’s nothing wrong with this, but you can save some serious dough by doing something else first.

The next time you go shopping online, go to a click-through website first. Sign into your account and from there, click on the relevant link to your destination shopping website. Now, shop as usual. When you finish, you will pay the same amount, but you will get a certain percentage of your purchase back. The exact rate will vary depending on which click-through website you use, but can easily reach 10%. Some good click-through sites include Ebates and Swagbucks.

Hack #3: Save Hotel Soap Bars and Shampoo Bottles

The next time you’re at a hotel for pleasure or business, feel free to use the bar soap and bottle soap the hotel provides. But chances are good you will not use all the soap they give you. Instead of throwing out the half-empty bottle of shampoo or conditioner, take it home with you. This can lead to significant savings for those who travel a lot.

Hack # 4: Sign Up for Hotel Frequent Guest Programs

If you stay in a hotel at least once or twice a year, consider signing up for the free hotel frequent guest programs. Not only can signing up save you a few dollars on your next stay, but you’ll also start to collect points that can lead to free nights in the future. Depending on the program and any special promotions in effect, it might take anywhere from three to ten nights to earn enough points for a free night. Another advantage of these frequent guest programs includes special snacks at check-in and exclusive parking spots close to the front door.

Hack #5: Employer Matching

No, this isn’t a dating service your employer offers. Instead, it’s a retirement policy from your employer where they will match your retirement contributions. Depending on the retirement benefits, you will receive 10 cents, 50 cents or even a full dollar for every dollar you put into your employer-sponsored retirement account (up to certain limits).

This is free money, so you should take advantage of it. There is one thing to keep in mind, however. Depending on the retirement plan’s details, you won’t be able to spend this money until you reach a certain age. If you try to spend it sooner, you’ll pay hefty penalties and taxes, which can severely reduce your employer’s match.

It can take time and practice to learn how to save money hacks. If you need a bit of wiggle room, a title pawn can help. Call or visit your nearest Title Tree store to find out whether you qualify.