Its called currency for a reason; money comes and goes, that’s the cycle of commerce. Knowing how finance works will not only keep you ahead of the curve but also save you from being the friend with “money problems”. Check out these 6 tips and tricks to making your money flow better:
- Get Your Bank App
In 2018, every bank offers an app version of their online banking services. I suggest using your bank app to have readily available access to your funds, transactions, and balances. If you want to cash a check, request documents, or even send someone money, your app can do it all right from the palm of your hand.
- Check Your Accounts Consistently
From my survey, I’m pretty astonished at how so many people only check their bank statements once a month, and better yet they only scan the first page at that. I cannot stress enough how important it is to check your account at least once a day. It doesn’t matter how much or how little you actually have in there.What is important is that you’re staying on top of transactions on your account. Too many times, I have had to call out companies and even my bank for charging small fees, or even unauthorized transactions on my accounts. A simple call to the bank will fix it or give clarification of the charge immediately.
- Never Save Your Card on File
Yes, I know it’s convenient and a time-saver, however saving your card on file can lead to craziness in the end. From unauthorized transactions by whoever has your Amazon Prime login to the AKIRA spending binge, you found yourself in last week, saving your card on file is just the fastest way for your money to come out. If you’re trying to save money, make sure to only use the “save card on file” option for bills. Trust.