Whether you have a messy office or a “junk” drawer, you might be surprised the treasures that hide beneath all the clutter.
It could be that you forgot to cash the check you got for Christmas or the rebate from the latest electronics purchase you made.
How about the gift cards you got on your birthday? Some of those have expiration dates. Forgetting them could mean you’re missing out on some valuable cash.
Here’s a few tips to help you keep your life organized and save, instead of waste, your extra money away.
1. Forgetting to pay your bills is costing you money.
A new poll shows 23 percent of people pay their bills late because they lose them. Missing payments generally adds fees to your total.
2. Avoid paying more than you have to.
3. Rewards points are money, don’t let them expire!
Whether they’re loyalty cards at grocery stores or thousands of points on your credit cards, when you forget to use them, you lose them. Sites like awardwallet.com, points.com and traxo.com are all websites that remind you of expiring points, miles and rewards.
4. Your closet is a money pit.
We often find clothing we haven’t worn in years, pieces with price tags still on them and garments we’ve worn a handful of times. This means we are not necessarily buying what we need and might be overspending. For clothes you no longer like or don’t fit, sell them. Garage sales work, or try sites like eBay.com, tradesy.com or storenvy.com. Donating clothes is also rewarding, you won’t get money back but you’ll make a difference in someone else’s life.
5. Another thing about your closet: Organize by colors, type or length of clothing.
It helps you be aware of what you own so you don’t end up buying the same type of clothes several times. Make a budget to keep your shopping in line, it’ll help avoid overspending.
6. Designate a mail basket.
How many times do we walk in the door and drop the mail on the kitchen counter? If you forget where you put bills or important documents it could cost you money. It’s as simple as putting important mail in a “to-do” pile or basket and immediately discarding spam mail to avoid clutter. Another basket for “shredding” can help you keep track of paper you should destroy before you toss. Helps you protect your identity from thieves. Learn more on how to protect your identity this summer here.
7. Keep track of your receipts.
Sometimes things break, are missing parts or you simply have a change of heart and need to make a return. Without a receipt some stores will not take the items back. Others will only offer you store credit and you might miss out on the cash you paid for the item. Make a filing system for important receipts and don’t toss them right away. Keep them for a little while, at least for the length of the date they are valid for on the receipt.
8. Tax deductions equal money.
Whether you donated old clothes, toys or appliances, or you made out a check to a charity, keep documentation on them to qualify for a tax deduction. Turbotax gives you an idea on what receipts to keep to make sure you don’t miss out on possible tax deductions.
9. Preventive medical care can save you money.
When was the last time you went to the dentist? If the answer is more than a year, you could be losing money by waiting to get a cavity or infection that can lead to a big costly procedure. If your employer offers a flexible savings account, use it. Ask your HR department for information.
10. Your fridge is full of dollars that often go straight to the trash.
In fact, Americans waste about a quarter of the food they buy, according to the National Resources Defense Council. If food spoils before you eat it, you’re buying too much of it. Meal planning might be the answer for you. Services like emeals.com give you a weekly menu along with a list of ingredients to buy. Purchasing only what you need can help you save some money.
Summertime is often a slow time for Arizonans with the heat putting the brakes on outdoor activities. It might be the perfect time to give your office a makeover and get our lives organized. You might find a few extra dollars lying around.
Finally, take a look at your key chain, specifically your gym membership. If you never use it, you’re throwing your money away.
Let’s get to work!
- Infamous athletes who did the most time for their crimes
- 2016 baseball highlights, bloopers and blunders
- See how CFOs really feel about business in the Valley
- The best television shows on the internet
- A preseason guide to avoid holiday weight gain
- The 5 worst things you could do for your roof
- 6 coolest things brewing in Arizona
- The virus that keeps head and neck cancers on the rise
- State Fair ‘Kid Reporter’ has all the angles covered
- 4 important things to know about timeshare maintenance fees
- Signs of delayed car crash injuries
- The truth about sports concussions
- The Alzheimer's epidemic: Facts you need to know
- The season is here, keep your Fantasy Football team strong all season
- 8 TV shows you can't miss this fall
- Football is here: 6 tips to make this your best season ever
- Gameday recipes and beers to match
- 6 reasons the Cardinals are driven to win the Super Bowl
- The Pac-12 football season nears kickoff
- Tips to get ready for a pain-free golf season
- Protect your family with these 7 home security features
- How to train like an Olympic swimmer
- 2016 Olympics: A guide to must-see TV events
- The bride's guide to feeling your best on your wedding day
- Deciding when you need knee surgery
- Celebrating Fourth of July is much cooler in these AZ towns
- Top ten road trip bathrooms in America
- Six things causing a pain in your neck
- 5 things to make your summer move easier
- Three elements of a strong timeshare exit guarantee