Well, it is a month and a half into 2013. How are you doing with your New Year’s goal (I don’t call them resolutions) to save money? I know that I have been working hard to figure out how to cut more costs our of our daily lives and am doing well with it. Now, I am just cutting in order to counteract the rise in costs with having the baby. There are only so many ways you can lower your expenses, but if you have tried to think about what you can do, maybe I can help.
As you know, I am a fan of infographics. I mean, what is not to love? You get to learn things just from looking at a picture. Awesome, just plain awesome! Here is a great one from Quicken Loans that throws us 13 great tips to save money in 2013. There is nothing crazy here, but they break them down to show you what you can really save. At the end they show how much you could be saving in total, which amounts to $11,244! Now, I am a realist and since they are including refinancing savings in there, which not everyone can go out and do, I will subtract that and give you the real savings benefit from these tips.
There you go, with these quality tips, you can shave off over $8,000 from your yearly bills. That is a good chunk of change that you could put into your retirement fund (Max out your Roth IRA and then put the rest in a high interest savings account if you don’t have any other investment vehicles). I don’t like throwing away money and neither should you. Make sure you are following some or all of these tips and save away!
An infographic from the team at Quicken Loans.