Get the Most Out of Your Money
Being mindful of your spending is not always easy. Between monthly bills, quick trips to the grocery store and impulse buying, we all seem to spend more than we can save. But with a little help, we can start using spending habits that can make us more aware of our finances – and how to optimize them.
To do this, we found some relatively easy tips to help you get started with a fresh take on your finances for the new year. From investing your money to only using cash, we’ve got some great – simple – ways that you can stretch your dollars, keeping more money in the bank every month.
As the beginning of a new year approaches, there’s no better time to assess how you can improve your finances in 2016. Sometimes, the most effective change you can make is to stretch your money just a little further.
But as simple as it sounds, asking yourself, “What are the best ways to stretch a dollar?” doesn’t have one clear-cut answer. GOBankingRates posed the question to eight influential experts in personal finance today, each of them finalists in the fifth annual GOBankingRates Best Money Expert competition.
Here’s how they responded to the question.