Here are some of the best ways to stretch your paycheck and stop having financial anxiety.
The best way you can stretch your paycheck is to budget very carefully for each and every month then follow through on that budget. This is a very common budget break down that average Americans use:
You can feel free to adjust this as need be, according to your unique financial situation.
By just turning your heat down one or two degrees or your air conditioning down one or two degrees, you can save between 3% and 6% on your utility bill. That may not seem like much but it really does add up over time, saving you tons of money.
Get rid of your landline as mobile phones are far more common now and you likely don’t even use it. Don’t sign up for an unlimited data plan on your phone and connect to wi-fi instead as that can save you tons of money every month. Wi-fi can be found nearly everywhere nowadays so why waste the money. And, finally, cut your cable or satellite bill and rely on streaming services like Netflix instead!
Find deals anyway you can but remember to only use coupons on things that you actually buy instead of spending more money on things you don’t need or usually buy.
We promise you that brewing your own cup of joe every morning will save you loads of money as it is a fraction of the price of your typical morning Starbucks.
Use these great new technologies to know exactly where your money is going so you can cut expenses when you need to.
Sell some of your belongings online or have a garage sale. Start driving for Uber or Lyft on the weekend. Deliver pizzas on the weeknights and make a whole bunch of tips.
You can simply make your paychecks larger by filling out a new W-4 since most employees actually have more taxes withheld than are necessary for income taxes.
Why waste money and plastic? Just use tap water instead and if you need filtered water, just get a re-usable filter like Brita. You will still be paying a fraction of the price.
Prepped food always costs almost twice as much as un-prepped food. So it is definitely necessary to stretch your culinary skills in order to stretch your paycheck.
When you walk into any sort of retail store just head straight for the sale section. You can find great deals for items of just as high quality.
Work on your culinary skills and cook dinner for yourself or your family more. You will not believe how big of a difference this makes in how long your paycheck will last.
When you are using real money instead of little plastic cards, you are far less likely to spend as freely. When you use cash, you will think harder before making a purchase.
Always try to pay your bills, especially the crucial ones, first so that you know exactly what you realistically have to spend for the rest of the month. That way you won’t come to the end of the month and realize that you don’t have enough to cover the necessary bills.
Consider getting a title loan with TFC Title Loans in order to cover some expenses that your paycheck cannot stretch far enough to cover. We can get you up to $50,000 at competitive rates in as little as one business day.