4 Ways You Could Be Losing Out on Your Money
You might already be budgeting your money, among other obvious strategies. This is great, but there is still a lot of room to save more of your hard-earned cash. From renegotiating your salary to lowering your utility bills, you’ve got the potential to bring in hundreds, if not thousands of extra dollars each year. Here are 4 ways that you could be losing out on money, and how to rectify the situation.
1. You Don’t Take Advantage of Your Company’s 401(k) Match
Retirement might be decades away for you, or much closer to some. But, whatever your age, you should be making the most of the 401(k)-plan offered by your employer. Lots of companies offer employer match on at least a portion of your retirement fund, so it makes sense to contribute enough to earn the maximum you can from your employer. If you don’t, you’re basically saying no to free money.
2. You Don’t Try to Lower Your Bills
Did you know that you can negotiate the price of your utility bills, like cable and internet? Surveys say that renegotiating your bills can you save up to $600 every year. So, what’s stopping you from calling your utility providers and asking for the best deal?
Additionally, you can make small changes, like installing a water meter to cut back on costs. For a full guide, check out 5 Ways to Save Money by Reassessing Your Utility Bills.
