Try These Tips For Saving Money For The New Year In Reno

New Year, new presidency- 200 executive orders later and the grocery store still hasn’t reduced the price of eggs. Groceries are just one of the expenses that has increased at an unprecedented rate in the past few years. Rent is through the landlord’s roof but mortgage interest rates remain sky-high, leaving those who didn’t buy a home five years ago with few options. It seems like everyone is trying to squeeze more money out of you everywhere you turn. If you’re just about wrung out to dry, giving your budget a rehaul could give you a chance to catch up on unpaid bills so your financial situation doesn’t get any worse. But if you’ve already started receiving notices and summons from creditors, you may need extra assistance to resolve your financial issues. Filing for bankruptcy can put a stop to creditor calls, debt lawsuits, wage garnishments, vehicle repossessions, and more. Want to take the first step towards clearing debt in Reno and have an experienced professional answer all of your bankruptcy questions? Schedule your free consultation with our Nevada Bankruptcy Law firm today by calling 702-842-0700. 

Regularly Monitor Your Accounts For Unauthorized Charges

The unfortunate fact of the matter is that some companies will overcharge you for their goods and services and not provide a refund unless you demand one yourself. You could also be the victim of identity theft, which could cause serious damage to your credit score if left unchecked. The sooner you catch an incident of identity theft, the more you can do to keep it from having negative ramifications on your finances. You will be more likely to catch this activity quickly if you already make a point to regularly monitor your accounts and credit report. This can also help you get a better idea about your spending habits so you can identify in which areas your budget can be reduced. 

Don’t Be Afraid To Take Advantage Of Sales & Promotions

Oftentimes, companies rely on consumers to be embarrassed about bargain hunting in the way they structure deals and promotions. That way, they get to advertise an amazing price while customers are too embarrassed to pay less than the full amount. Join memberships for all the grocery stores and other establishments at which you frequently shop. This often takes a significant amount off of your balance at checkout simply by entering your phone number. Some grocery stores have separate promotions that either require you to have a physical coupon with you or add the coupon to your account on their mobile app. Be careful with these discounts as they sometimes have fine print and only apply to certain sizes or flavors of products. You can also use cashback apps to reduce your shopping costs. Some can be downloaded as apps on your phone, letting you download offers and upload your receipts to receive points for cash back and gift cards. If you use self-checkout often, be sure to print your receipts when you intend to upload them to cash back apps. You can also install plug-ins for your web browser that automatically scan your shopping cart for discount codes at checkout. Accruing a few dollars here and there in cash back points can translate to a significant boost to your bank account when it’s time to redeem your benefits. 

Eat Less At Restaurants & Cook More At Home

Despite rising grocery costs, preparing food at home will almost always be more affordable than eating at a restaurant. The dollar meal is a thing of the past, and eating healthier can save you money over the course of your lifetime through reduced medical costs. So test the couponing and cash back tips from above to buy the ingredients for a new recipe you’ve been wanting to try. Buying groceries is expensive at first, but once your pantry is stocked, you will only need perishables and a few items here and there to complete your list. This will also make it more meaningful when you and your family decide to celebrate a special occasion by dining at a restaurant. 

Shop Around For Cheaper Rates

A higher price doesn’t always guarantee higher quality. You also may use a service for a while and find you don’t need as high-level of a plan as you currently have. Your auto insurance is one bill you might be able to reduce by finding a more affordable provider. It may also be time to find cheaper providers for services like your cell phone provider, mechanic, and other standard living expenses. You can also be savvy about new user sign ups that could earn you benefits like a new or discounted phone. You should also make sure you are no longer paying for subscriptions you have stopped using. If you don’t want to do this manually, there are apps that will monitor your spending and automatically cancel subscription services you don’t need. 

Stop The Fast Fashion Cycle (And Start Thrifting)

Let’s face it- cheap clothing only holds up after so many washes, and lately, fashion trends only seem to last a few months at the most. Fast fashion isn’t great for the environment, international workers’ rights, or your wallet. If you don’t want to completely quit your shopping habit, work on collecting capsule items that can be combined with several items to create multiple outfits. And while buying clothing secondhand might not be for everyone, selling clothes you no longer wear can be a great way to earn an extra chunk of change. You can either list your clothing yourself on sites like Depop or sites that will list your items on your behalf like ThredUp. While your payout might not be substantial, credits can be used to make thrift purchases and fund your shopping habit, and any money is more than the item would earn you sitting in your closet and never being worn. 

Instantly Stop Interest Fees, Wage Garnishments, & More With Bankruptcy

There is no amount of budgeting that can compare to the protections that bankruptcy’s automatic stay provides. When a debtor’s bankruptcy case is in good standing, creditors are not allowed to contact them or attempt to collect on their debts in any way. This means lawsuits, garnishments, home foreclosures, repossessions, and more will all be stopped once the debtor files their bankruptcy petition with the court. It may be too late to get your assets back once a creditor has collected upon their debt. But you can declare bankruptcy in a matter of just a few hours if it is an emergency filing. A skeleton filling allows you to establish the automatic stay with an extended 2-week deadline to complete the rest of your bankruptcy petition. Even in an emergency filing, it is important to confirm your income eligibility and make the correct selection between chapter 7 and chapter 13. Want to learn more about the process of filing for bankruptcy in Reno and make sure you are income-eligible and that your assets will be exempt? Schedule your free debt evaluation with an experienced member of our bankruptcy team in Nevada today by calling 702-842-0700.

Zero Down Bankruptcy Lawyers
Phone: (702) 842-0700
Email: info@vegaszerodownbankruptcy.com

Las Vegas Office
5552 Ashley Creek St
Las Vegas, NV 89135

North Las Vegas Office
7251 W Lake Mead Blvd
Las Vegas, NV 89128

Henderson
1489 W Warm Springs Rd #110
Henderson, NV 89014