If you are living paycheck to paycheck in 2024, you aren’t alone.
After all, the ongoing cost of living crisis means that this has become a reality for many, an issue that is becoming increasingly prominent as we move toward the end of the year. However, while many of the factors contributing to financial instability or insecurity may be beyond your control, there are certain steps you can take to turn things around.
With that in mind, here are some tips you can follow to boost your bank account before the end of the year!
Budget. Budget. Budget. Budgeting is not only a tool you can rely on when times are tough. After all, if managed correctly, your budget can help you take great strides toward financial security, as it allows you to avoid overspending and add more money to your savings accounts.
Despite this, 33% of families do not have a budget in place. If you are part of this demographic, the time for change is now. Start by writing down a list of your monthly expenses and outgoings before deciding how much of your income you can assign to each task.
Find creative ways to make money. Finding creative ways to make a little additional cash on the side is another great way to boost your bank account before the ball drops in 2024.
For example, if you’re feeling particularly lucky, you could check out some online casinos and place a bet or two. While you should be sensible while doing so, this could be a great way to earn some extra cash, especially if you use the fastest payout online casino. After all, this means that you can withdraw your winnings as quickly as possible.
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Free delivery, award-winning TV, exclusive deals, and more! $14.99/month after trial. Cancel anytime.You could also make additional money by picking up a side hustle, especially if you already actively engage in a hobby that can prove to be profitable, such as painting, sketching or graphic design (among many others).
Save money on groceries. Your weekly or monthly grocery bills are likely one of the most significant expenses that you’ll encounter as a parent. Fortunately, there are many steps that you can take to save money on groceries, such as:
- Shopping at markets or outlets as opposed to chain supermarkets
- Growing your own fruit and veg
- Meal prepping to avoid waste and unnecessary spending
- Writing out a shopping list before visiting the store
Make use of discount codes. If you tend to carry out most of your shopping online, you could be throwing away hard-earned money every single time by failing to use the appropriate discount codes. Of course, finding the right codes can be difficult, but there are now plenty of tools that do this for you. For example, installing Honey onto your browser means that you can automatically scan the internet for coupon codes every time you shop. If they find more than one, the code offering the best discount will automatically be applied upon checkout, meaning that your paycheck goes that little bit further.