As we “spring forward” to warmer, longer days, it’s also a great time to make small adjustments for big savings.
Here are some quick, easy ways to start today!
Review Your Finances
- Check your statements for recurring charges and cancel unused services (gym, shopping clubs, streaming, car wash).
- Evaluate regular payments:
- Insurance: Ask your agent about discounts and compare quotes.
- Utilities: Request an energy audit; consider canceling landline/cable TV
Watch for Fees
- If you see any, ask yourself:
- Were they avoidable (overdrafts, stop payments)?
- Are they recurring?
Track Spending
- Categorize expenses, log every purchase, and review after 30 days.
Maximize Work Benefits
- If your tax refund exceeds $1,000, adjust W-4 exemptions.
- Optimize 401(k) contributions.
- Automate paycheck savings.
- Save raises instead of spending them.
- Submit expense reimbursements.
Try New Shopping Habits
- Always use a shopping list or free online ordering.
- Maximize rewards, promo codes, and cashback apps.
- Buy generics when possible.
- Use a rewards credit card—like our Platinum card.
- Sleep on big purchases.
- Avoid Buy Now, Pay Later (BNPL)—hidden fees increase costs.
Cut Costs at Home
- Pack lunch and brew your own coffee.
- Adjust thermostat settings.
- Consider carpooling.
- Unsubscribe from retail marketing emails.
Shift Your Mindset
- Distinguish needs from wants.
- Accept short-term sacrifices for long-term gains.
- Don’t spend just to keep up appearances—saying “no” is smart.
Involve Your Kids
- Make saving a challenge, not a chore.
- Set a savings goal.
- Reward yourself—splurge 25% of what you save.
For more ideas to spruce up your finances, check out these blog posts.
