It is always important to have a good saving plan. As the year starts, you need to have a plan that will help you achieve your financial goals. Before you start saving, you should determine the amount of money that you want at the end of the year.
With such a financial plan, it becomes easy to work towards achieving your goals. Your financial goals should be as clear as possible so that you can look for ways of meeting them. Here are tips to help you save money in 2018:
Zero spending days
The concept of zero spending is a good option for people who want to save money. By zero spending, it means that there are days that you will not spend any money. If you allocate one day per week and decide not to use any money, you will end up saving that money at the end of the year.
On the days that you don’t spend any money, you direct the money that you could have used to your annual saving plan. This is a good way to boost your saving kit at the end of the year.
Monitor spending habits
You can never know how to save money if you do not monitor your expenses. The only way to know how to save money is by learning how you spend money. For instance, if you order take-out meals every day of the week, then you can decide to reduce the consumption.
You can save money by ordering take out two times a week and then cooking at home on the other days. These are the small spending habits that will help you in saving money.
Create a budget
Creating a budget for your monthly and weekly expenses is important. Creating a budget is a good way to create accountability for the money that you spend. With a good budget, you will be able to determine the maximum amount of money that you can save. It is always the dream of everyone to save as much as possible. You can always create a budget depending on how frequently you use the money for various bills.
Have a target
Saving is not just putting money aside every day, week or month. It is about having a good saving plan and target. You should know how much money you need at the end of the saving period and how you will use the money.…
Credit card fraud is a common problem and especially with the growth of online transactions. Today we have cases of people losing their money right from their credit card. The good news is that it is now easy to prevent credit card fraud.
You just need to know how to protect the information of your card from malicious people and website. If you don’t expose your information to a third party, then no one will able to use the information to steal from you. Here are tips to protect you from credit card fraud:
Scan for computer virus
When your computer has viruses and malware, then you are exposed to credit card fraud. If you regularly do online transactions, then make sure that your computer is always protected. Hackers can use phishing technique to get important information from your computer.
When all the important information from your computer is exposed, then there are high chances of credit card fraud. Use a good anti-virus on your computer and regularly scan your computer to remove any viruses. It is important also to avoid clicking on links sent to your e-mail or even available on social media.
Protect your identity
Identity theft is a common method used by people who want to take money from your credit card. You expose your identity by carelessly giving out your name, social security numbers and other important details. Identity theft means that people will use your money by pretending to be you. You might notice when the damaged has already been done, and you have already lost a lot of money.
It is important to monitor all your credit card transaction once in a while. You should make sure that you authorized all the transactions appearing on the card. In case you notice anything suspicious, then it is important to lock your credit card. Locking your card will prevent further damage and even gives you time to clear all the suspicions that you might have.
Don’t share your pin
The logical thing when trying to protect yourself from credit card theft is to make sure that you do not share your pin. Also, remember to avoid making your pin obvious by using your birthday or social security numbers. The idea is to make it difficult for anyone who will come in contact your credit card.…