Easter is an excellent time to evaluate your spending and look for hidden financial “eggs” in your basket.
Check out the following financial Easter eggs:
Review your unused monthly subscriptions, such as streaming services or miscellaneous spending on game add ons, online shopping and retail credit accounts. Are you using them all? If not, you might want to cancel the ones you do not need or attract unnecessary interest in order to use the money for savings or debt repayment.
Make sure you are taking advantage of any rewards or cash back programmes. To optimize your rewards, find the product that give the best incentives for your spending patterns.
Gift cards that have not yet been used: If you have unused gift cards, think about selling them or utilizing them to buy things you need, or even re-gift them instead of buying new gifts. This is a fantastic way to earn some additional money or save money on things you would have bought otherwise.
Appliances that use less energy: If you’re in the market for new appliances, think about choosing ones that use less energy. Although they might cost more up front, they might save you money over time by cutting your energy costs.
You might uncover some financial Easter eggs by looking more closely at your budget that will enable you to save money, pay down debt, or build your savings. Happy Hunting!
*Mignon du Preez is the Group Marketing, Public Affairs and Sustainability Executive, Old Mutual Namibia
