YOU'RE A SPENDER! And you’re not alone! Many people find it much easier to spend money than save it. If you’re having trouble building a nest egg, try some of these tips to help you stop spending more than you can afford:
Research your purchases. Before you go out to buy that new item, go online to compare prices and product reviews. The last thing you want is to overspend or get stuck with a lemon.
Avoid emotional spending. “Retail therapy” may feel good in the moment but it’s no way to save for the future. If you do find yourself craving a trip to the mall, try window-shopping instead; it can sometimes do the trick.
Put something aside. A little money deposited into a savings account on a regular schedule will add up over time. Even putting loose change into a piggy bank can help kick-start your saving habits.
Get a great deal on the essentials. If you have GEICO auto coverage, you could qualify for a Multi-Policy Discount. Get a free quote today at geico.com and see how much more you could be saving.