The world of mobile payments constantly adapts to users’ needs. In times of inflation, the need to save money grows more and more. Thanks to the digital wallet and its diverse features, taking control of your monthly expenses is easier than ever.
If you make impulsive purchases or find it hard to distinguish your spending priorities, this article is for you. We share three valuable tips that you can use to lessen your worries without changing your daily life. See how you can make a step towards saving money with iCard!
Limit your monthly subscriptions
The streaming services market is growing vastly and aims at reaching more users. A monthly subscription usually comes at a temptingly low price that slips out of your wallet every month. But how many of these services do you use, and how many of them do you really need?
Whether we talk about movies, music, or TV, we advise you to keep your subscriptions only for the platforms you use. Make a list of your priorities to see where you can cut your costs while keeping your lifestyle at the same time. Think of other expenses you have, too – set aside some savings for those that are truly important (utility bills, rent, transportation) and cross off the ones that aren’t a priority and may cause overspending.
You’re a step ahead in saving money with the Standard plan by iCard – you have a full history of all your payments and total control over your funds, so you can limit your expenses where needed. You can track your activity and freeze your cards whenever you decide – that’ll help you to keep within your monthly budget. Get the benefits you need without monthly service fees.
Set a budget for small pleasures
We know that sometimes you need to change your daily routine. We know that you want to have fun and meet with friends, that you like to make impulsive purchases occasionally simply because they make you smile. Then you need to set a budget aside – for going out and for all the products you have wanted for a long time.
In general, if you really want to make your dream purchase, you can keep an eye on product promotions and look for promo codes. It’s a good way to save money without changing your lifestyle or compromising with product quality. Give a chance to homemade food, too – you will save a lot more when you don’t dine in restaurants or order takeaway food.
All in all, be responsible – try not to take irrational decisions that will cause you to overspend. Consider if you really need to make the purchase and set aside the amount you were willing to spend when payday comes. Anything else can wait.
Set money aside every month, even a little bit
There are countless ways to save, but the safest and easiest method is to have personal savings. Any extra income – a salary bonus, the sale of items or property, or rent can be saved in your virtual account. Set a goal and follow it – it’s a good idea to save a little bit, daily or monthly, and you’ll accumulate funds unnoticeably. Always use them wisely and in accordance with your goals.
Each transaction in iCard Digital Wallet shows you what you spent your money on, so you can identify your biggest expenses, limit them, and set aside the money to reach your goals. Resisting the temptation to spend aimlessly is a step towards long-term investment – you’ll realise that you’re not depriving yourself or limiting your present lifestyle but helping your future self.
The benefits of saving are undoubtedly endless. Besides saving money, the digital wallet saves you time – this way, you’ll be able to think through every purchase better. That’s why we advise you to start saving as soon as possible, to keep your happiness and peace of mind in perspective!
Download iCard and start thinking about your future now:0