Ways to Save
A printed or digital ad that can be redeemed to get a discount on products or services.
Coupon
A thin rectangular piece of plastic or metal issued by a bank or financial services company that allows cardholders to borrow funds with which to pay for goods and services with merchants that accept cards for payment.
Credit Card
Doing this when leaving a room can help reduce energy consumption.
What is turning off the lights
Comparing the price of products or services from different vendors before buying.
Comparison Shopping
A cash reserve that’s specifically set aside for unplanned expenses or financial emergencies. Some common examples include car repairs, home repairs, medical bills, or a loss of income.
An Emergency Fund
When you commit to spending money on nothing but essentials, such as groceries, housing expenses, bills and gas.
"No-Spend Challenge"
A three-digit number, typically between 300 and 850, designed to represent your credit risk, or the likelihood you will pay your bills on time.
A Credit Score
Switching this appliance to off during cooler days in the summer reduces the electric bill.
Turning off the air conditioner
Using this mode of transportation cuts down on money spent on gas, maintenance, and parking costs.
Public transportation or the city bus
How much should you have on hand in your emergency fund?
3-6 months' worth of expenses
Doing this instead of going out to eat will help save money.
Cooking
Something, typically money, that is owed or due.
Debt
When you do this, you can save money on recurring purchased services that are automatically deducted from your bank account on the same day of each month these services can include Netflix, Apple Music, etc.
Unsubscribing to streaming services
When you buy a large amount of anything, the price of individual units tends to be lower. The more you buy, the less each unit actually costs you.
Buying in Bulk
How much of each paycheck should you aim to put away in savings?
15-25%
A financial plan for a defined period
Budget
How to save money weekly
Stay indoors
Stop hanging out
Don't buy unnecessary things
Using this temperature of water to clean clothes in the washer reduces the washer's energy consumption by 90%.
Cold / Ice
A type of sale in which prices are lowered, sometimes drastically, in order to sell things quickly and make room for new items.
Clearance
Money received, especially on a regular basis, for work or through investments.
Income
An additional employment opportunity outside of a person's full-time job that provides supplemental income.
Side-Hustle
Property, money, or other material goods that is given to another party in exchange for future repayment of the loan value plus interest and other finance charges.
Loan
By opting into autopay, considering switching to a prepaid option, removing your insurance, and not upgrading this device each year and opting out of contracts and even switching carriers you can save some money on this bill.
Lowering your cell-phone bill
The act and process of buying used goods especially at a store that specializes in secondhand merchandise instead of buying from a regular retail chain, many people visit local second-hand stores to find interesting items.
Thrifting
A basic type of financial product that allows you to deposit your money and typically earn a modest amount of interest. These accounts are federally insured up to $250,000 per account owner and offer a safe place to put your money while earning interest.
A Savings Account