2 Modern Ways to Save Money

Posted by Usman Raza
3
Apr 26, 2016
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In a world where there are a lot of things that you would want to buy, it makes saving money a lot harder. Even though it is difficult to save money, it is still possible as long as you stay true to it and be vigilant in your cause to have some savings.  Here are a couple of modern ways that you may want to try in order to save some money.  Also you can try nordstrom coupon codes at Matchzup.com



  1. Taking Advantage of Virtual Piggy Banks


When we speak of piggy banks, we think of a pig replica made of ceramic with a small slit on top of it where we can stash your coins and loose change at the end of the day. Once it becomes full then that is when we break this piggy bank and consider the cash gathered from it as savings. These days there is already another option aside from the traditional piggy bank to help us save money such as the virtual piggy bank. Virtual piggy bank was actually invented by the Bank of America and it works efficiently to help us save money. Whenever we use our check card to purchase items and do other cash transactions, the total amount is right away rounded up to the nearest dollar. The difference will now be transferred to your savings account. A few cents may not be that much but it will result to a decent amount of savings considering the number of purchases and transactions that you do with your check card.


  1. Education Matching Accounts


This method to save money is only applicable for those who have kids whom they send to school particularly college education. The method is known as the Upromise Account wherein membership for this account is for free. Much like the virtual piggy bank, savings is also accumulated through purchases that you make at participating retail outlets. Companies such as Gap, Apple, JC Penney, Office Depot and a lot more are all participants of the Upromise Account. Depending on the purchase that you make, 1% up to 25% of the total amount that you have paid for the purchase will go to your Upromise Account. However, the only difference that this method has with virtual piggy banks is that the money saved this way can only be used to invest for educational plans, payment for student loans and any other education related expenses. We all know that college education is quite expensive and taking advantage of education matching accounts will definitely help or ease out on the financial load.


These two methods are not so popular yet among citizens but for sure everyone will eventually take advantage of these cash saving methods. Any method that will help our finances will always come in handy for everyone.


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