4 Tips For Saving Money With Credit Cards
By jeffcrewsGuest Blogger(view all posts by jeffcrews)
at 9:45AM Tuesday March 6, 2012
under
Personal Finance
Saving money should be one of the key principles taught from a young age. I remember my grandparents would give me $1 and say, "Now don't go and spend
it all!" In high school, it was all about saving for college. You graduate from college, and
you begin to start saving for those other big events. From there, saving often
becomes one of the key components of life. While saving money is a great goal, we all spend on fun, food, housing and the
occasional cup of coffee.
Credit cards are known for being the "King" of
the spending mindset. However, there are ways to save money while using a credit card. Below are four tips to get you started.
Save Money
with Rewards
This is one
of the easiest ways to save with a credit card. Credit card companies want you
to spend money, and they are willing to reward you when you use their credit
card. Make sure you take the time to find the best credit card for your
lifestyle, and pick the right times to spend! After all, why would you use cash
on groceries when you could put the groceries on the credit card and receive up
to 5% cash back? Suddenly that grocery bill is looking a lot better!
Save Money by Shopping Online
Have you
ever heard of the saying "
Time is money"? Well, that's because it
really is. When I was first promoted, I was told many
times to do the highest value projects and delegate the rest, because time is
money. The same can be said within our daily lives. If you are looking at
buying a certain item, check online and find a website where you can buy the
exact same thing. Not only will you usually find a better price, but
you will also save tons of time. Just think of what you could do with all of
that extra time! Maybe you could
put it towards making money through other jobs or ventures.
Save Money By Using Foursquare
As the world
grows more mobile every day, it seems like there are
endless possibilities with social apps. FourSquare is just another
way you can save money.
FourSquare was able to setup a pretty nice feature with
American Express, and this deal benefits
the ultimate credit card saver! Sync your American Express card with
your FourSquare account and start "checking in". Recently, they launched a $5 for $5 deal that rewards you a $5 credit, when you spend more than $5 at a local business. You will be
surprised of all the places that allow you to save money just by using your
American Express credit card!
Save Money By Signing Up At The Right Time
One way
credit card companies will coax you into using their credit card is through
signup bonuses. When you begin to look for a credit card, find a list of credit
card signup bonuses and figure out which company is offering the
best credit card signup bonuses. As long as
you time it correctly, you could end up gaining some serious extra
spending cash. Just make sure you sign up at the right time! If you
miss the signup bonus, don't worry. There will always be more!
There you
have it: Four easy ways you can save money by spending money.
Remember, saving is great, but do not get discouraged when you spend a little. Just make sure you are spending money wisely, and
saving in the areas that you can! What are some tips you can give on
saving money with your credit card?
--
Jeff Crews is the Vice President of Marketing for
CreditCardChaser.com
and
CarInsuranceComparison.com.
He is always on the lookout for interesting ways to help people save money.
When he isn't writing about his newest savings tips, you can find Jeff cruising
the beach or at his local Starbucks.
I love how you can now sink your amex with twitter and get deals that way. I always shop at Whole Foods and right now, if I buy $75 worth of groceries I get a $20 credit. For me, it's the best deal all year long.
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You can sink your AMEX with Twitter? I did not know that. I thought it was only with FourSquare. That is a great deal. I need to sign up for that deal...especially since I love going grocery shopping.
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