42% of world people are regularly exposed, according to the latest study published by Opinion Way. However, there are simple rules to put in place to better manage your finances.
By controlling expenses to a minimum and negotiating certain contracts, it is possible to make substantial savings. Here are 5 tips for saving money every day.
MONITOR YOUR ACCOUNTS REGULARLY
Saving begins with controlling spending. This consists for the saver to check his balances at least once a week and to cancel unnecessary subscriptions.
To avoid unpleasant surprises, do not hesitate to take stock of your monthly expenses and income. Otherwise, it is strongly recommended to build up precautionary savings to deal with unforeseen events.
NEGOTIATE YOUR VARIOUS CREDITS
It is possible to negotiate your various credits with the issuing bank. If you feel that your mortgage payments are too heavy, you can take advantage of the lower interest rates to save money. Amendment fees will be applied to this transaction.
Consumer credit cannot be negotiated. Downward modulation of monthly repayments is possible if the contract provides for it. However, the organisations require that the applicant be up to date in the payment of his credit.
If you have taken out several consumer loans, you can turn to credit redemption, a solution that consists of grouping all the debts contracted within a single contract. This operation makes it possible to obtain a reduction in monthly payments thanks to the extension of the repayment period and to improve the management of its budget. Under certain conditions, it is also possible to finance an additional project (carrying out work, purchasing a car, etc.).
COMPARE AND NEGOTIATE YOUR INSURANCE CONTRACTS
Renegotiating your mortgage insurance, auto insurance and home insurance can lead to significant savings and benefit from more extensive guarantees.
If your insurer refuses to reduce the amount of contributions, you can always cancel your contract and take out another more advantageous one. Using an online comparative saves you precious time when changing borrower insurance, auto insurance or home insurance. Indeed, these free and non-binding tools sort the offers for you and only offer those that correspond to your needs.
MANAGE YOUR ENERGY CONSUMPTION
Households devote a significant portion of their budget to their electricity bill. Several tips can be used to reduce the bill, such as reinforcing thermal insulation, adjusting the temperature to an adequate value or even regular maintenance of electrical equipment.
Other simple things you can do on a daily basis can help you better manage your energy consumption: turn off the light or a device that is not in use, use the "energy saving" mode of certain devices such as the washing machine, favor the most efficient equipment while observing their energy class.
USE BUDGET MANAGEMENT TOOLS
Fin Techs and banks offer a whole range of services to better manage your budget.
Account aggregators allow you to have a global view of all your accounts and to make transfers even more simply. Among these tools, we can for example quote Lino which offers an application with a simple and refined design which presents at a glance the balance of the accounts, the categorised transactions (supermarket, accommodation, transport…) and informative graphics. The mobile application is compatible with nearly 320 banks. Most of Lino is free. To benefit from advanced features, it is possible to subscribe to Lino Premium, from 4 euros per month.
Best economy tuition for better manage your finances is here: Besteconstuition Thanks
The Bruno chat bot, on the other hand, gives the possibility to put money aside without thinking about it. The app works with an algorithm that calculates the optimal amount for a user to save based on their cash inflows and outflows. Each week, Bruno offers the user an amount to save via Messenger. The saver has 24 hours to accept or not the transaction.
Comentários