Residents of Douglasville always appreciate learning how to save money for a car.
Vehicles are expensive, so it’s no wonder many people wonder how to save money to buy one. Luckily, there are a number of money savings techniques that can put enough money in a bank account to make a car purchase possible.
Technique #1: Automatic Savings
Whether it’s through your bank or done manually, those living or working in Douglasville should have a system which automatically transfers money to a savings account. It can include a bank set up which will automatically transfer money from a direct deposit or checking account into a savings account or a monthly reminder to manually put money into the savings account. Whatever the system, it should be automatic and take place before any money goes to nonessential monthly expenses.
Technique #2: Use a Cash Rewards Credit Card
Many credit card companies have special rewards to entice customers to use their card. These rewards can include cash back of up to five percent on certain types of purchases. This is an easy way to make money on things you have to purchase anyway. Just make sure to pay off the bill in full every month to avoid finance charges.
Technique #3: Sign Up for Get-Paid to Websites
The Internet has tons of websites, like Swagbucks, instaGC and Earnhoney, that will pay users to do certain tasks. Some of these are things they do anyways, like shop at certain online stores. Others will pay users to take surveys, watch videos, play games or sign up for special offers. Even in the best of situations, users will probably only make a few dollars a day doing these things. But every little bit counts and can add up to several hundred dollars a year.
Technique #4: Cut the Cord
Except for live sports, there’s little reason to have a cable or satellite TV subscription (beyond the convenience factor). There are so many online sources for free TV shows and movies, even for the most popular primetime shows, so there’s little need to continue paying for cable or satellite TV.
Technique #5: Repair and Maintain Things Yourself
Instead of having a professional do things for you, you can save a lot of money doing those things yourself. This includes minor home repairs and routine car maintenance jobs, like oil changes and tire rotations. Granted, it might take a little bit of time to figure out how to do these correctly, but once you learn them once, you’ll never forget and can save a significant amount of money, too.
Technique #6: Make Your Own Gifts
Instead of buying a gift for the holiday season or a special occasion, make it. Things you can make include cards, food items and crafts. It takes time, but it saves money and adds sentimental value to any gift.
Technique #7: Shop at Thrift Stores and Yard Sales
Instead of buying certain things new, buy them used at a thrift store or from someone’s garage or yard. Not only will you be saving a ton of money, but you’ll help the environment by avoiding more junk from take up space in a landfill.
Technique #8: Cook
Cooking has the potential to save a ton of money. You can create large batches of a dish to create a lot of leftovers for eating at work for lunch or dinner at a later date. Or instead of eating out at a fancy restaurant, you can create an exotic new dish yourself. Whatever the occasion, cooking yourself can fill your tummy yet provide huge money savings.
Technique #9: Stop Smoking
Not only will quitting smoking help save your life, but it will save a tremendous amount of money. Depending on how much you smoke, managing to quit could net you hundreds of dollars each month.
Technique #10: Replace Incandescent Light Bulbs with LED Bulbs
LED light bulbs are vastly superior to incandescent light bulbs in terms of energy efficiency. And in the summer time, this energy advantage is even greater because LED light bulbs generate practically no heat compared to incandescent bulbs.
If you’re working on learning how to save money for a car, an auto pawn could help. Call your nearest Title Tree location for help now.