If you feel like your pocketbook is constantly being raided by your internet provider, cable company, and cell phone carrier, you’re not alone. It’s not exactly easy to save money when all of these companies seem intent on charging you more every year, but there are ways to cut back on your tech spending without feeling like you’re sacrificing the latest in smartphone technology or the best internet speeds around.
No matter how much you earn, it’s always possible to save more of your money through technology. By cutting out excess expenditures, you can save extra cash that can be used to pay down debt or beef up your emergency fund. Technology can also help you work smarter and spend less time on tedious tasks while increasing your efficiency and productivity. With these three ways to save money with technology, you can reach your savings goals faster than ever before!
1) Streamline your bills
Set up automatic payments for all of your monthly bills. This way, you’ll never lose track of payments and may even be able to save a bit of money on bank fees. Many financial institutions offer free bill-pay options. If you aren’t set up for automatic payments, don’t worry—it can be done at most banks over the phone or online. When setting up your account, just ask whether they offer automatic bill payment services and follow their steps to link your accounts.
2) Don’t splurge on tech
Many of us, when we get a nice new computer or phone, spend quite a bit of money on all sorts of tech accessories and upgrades. But if you’re trying to save money, it’s not worth blowing your budget on bells and whistles. Skip these excess purchases—or at least do some price comparison shopping first—and you can use that cash for something else. Like starting a side hustle... or buying more coffee.
3) Buy Used
Buying used things is a great way to save money. In many cases, they can be as good as new and you can get some really awesome items at a fraction of their price tag. If you’re looking for some really cool tech gadgets, then you should buy them used. There are many online stores that offer pre-owned technology for lower prices than what you would pay in a retail store. You may not get one of your favorite toys on sale, but you will certainly save some cash.
Technology has come a long way in the past few decades, and it has saved us quite a bit of money along the way. We no longer have to waste gas driving to the store to buy items, because we can simply order them online and have them delivered to our doorsteps.