5 Money Hacks to Cut Shopping Costs and Bills

Here are tricks to incorporate into your normal everyday routine that have the potential to save you lots of cash

Feb 16, 2014 at 10:45AM


Flickr source

Everybody likes getting a good deal, but not everyone has the patience or savvy to save. However, there are a few sly ways of getting as much cash as you can when you shop as well as pay bills. Here are tricks to incorporate into your normal everyday routine that have the potential to save you lots of cash.

1. Cut your interest if you have a ton of debt
There are other ways of getting rid of accumulated interest than just paying off your entire balance in one shot. For instance, if you have a lot of interest you can consolidate all your credit card debt to one single card, a balance transfer card, that allows you to spend the first 12 to 15 months interest-free so you can pay off your balance without accruing the extra charges.

2. Want extra cash back when shopping?
Plenty of banks have shopping portals you can use to get additional cash back when making online purchases. Or click through a reputable cash back portal such as eBates to get a percentage back of how much you spend.

3. Work the system
Most websites offer anywhere from ten to 20 percent back (though some offer more) for signing up for their emails. Create multiple email addresses so that you can keep getting that introductory offer each time you make a purchase.

4. Do a quick search
This hack is absurdly simple, but effective. When making an online purchase, go to your Internet search engine of choice and search the name of your site in combination with words like "discount code," "coupon," or discount." You'd be surprised how many promotional codes are floating out there, and how many people are willing to help others by sharing deals.

5. Internet tasks for rewards
In a previous article on how to earn cash fast, one of the methods we wrote about involved performing quick tasks in exchange for money, if just a few cents per task.

One site, "Swagbucks" gives you ways of earning currency that can be redeemed for rewards, such as gift cards (one of their most popular is Amazon.com). "Swagbucks" has you watch videos, play games, search the Internet, etc. and has awarded members over $45 million in rewards since its inception in 2008.

Getting the most out of one's hard-earned money is a priority most people value. By utilizing these five simple must-know money hacks, you can save significantly on interest and purchases, while earning cash.

The next huge thing
U.S. News & World Report says this "Will drive the U.S. economy." And Business Insider calls it "The growth force of our time." In a special report entitled "America's $2.89 Trillion Super Weapon Revealed," you'll learn specific steps you can take to capitalize on this massive growth opportunity. But act now, because this is your shot to cash in before the fat cats on Wall Street beat you to the potentially life-changing profits. Click here now for instant access to this free report.

This article originally appeared on MyBankTracker.com

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

1 Key Step to Get Rich

Our mission at The Motley Fool is to help the world invest better. Whether that’s helping people overcome their fear of stocks all the way to offering clear and successful guidance on complicated-sounding options trades, we can help.

Feb 1, 2016 at 4:54PM

To be perfectly clear, this is not a get-rich action that my Foolish colleagues and I came up with. But we wouldn't argue with the approach.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich" rated The Motley Fool as the #1 place online to get smarter about investing.

"The Motley Fool aims to build a strong investment community, which it does by providing a variety of resources: the website, books, a newspaper column, a radio [show], and [newsletters]," wrote (the clearly insightful and talented) money reporter Kathleen Elkins. "This site has something for every type of investor, from basic lessons for beginners to investing commentary on mutual funds, stock sectors, and value for the more advanced."

Our mission at The Motley Fool is to help the world invest better, so it's nice to receive that kind of recognition. It lets us know we're doing our job.

Whether that's helping the entirely uninitiated overcome their fear of stocks all the way to offering clear and successful guidance on complicated-sounding options trades, we want to provide our readers with a boost to the next step on their journey to financial independence.

Articles and beyond

As Business Insider wrote, there are a number of resources available from the Fool for investors of all levels and styles.

In addition to the dozens of free articles we publish every day on our website, I want to highlight two must-see spots in your tour of fool.com.

For the beginning investor

Investing can seem like a Big Deal to those who have yet to buy their first stock. Many investment professionals try to infuse the conversation with jargon in order to deter individual investors from tackling it on their own (and to justify their often sky-high fees).

But the individual investor can beat the market. The real secret to investing is that it doesn't take tons of money, endless hours, or super-secret formulas that only experts possess.

That's why we created a best-selling guide that walks investors-to-be through everything they need to know to get started. And because we're so dedicated to our mission, we've made that available for free.

If you're just starting out (or want to help out someone who is), go to www.fool.com/beginners, drop in your email address, and you'll be able to instantly access the quick-read guide ... for free.

For the listener

Whether it's on the stationary exercise bike or during my daily commute, I spend a lot of time going nowhere. But I've found a way to make that time benefit me.

The Motley Fool offers five podcasts that I refer to as "binge-worthy financial information."

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. It's also featured on several dozen radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable ... and I don't say that simply because the hosts all sit within a Nerf-gun shot of my desk. Rule Breaker Investing and Answers contain timeless advice, so you might want to go back to the beginning with those. The other three take their cues from the market, so you'll want to listen to the most recent first. All are available at www.fool.com/podcasts.

But wait, there's more

The book and the podcasts – both free ... both awesome – also come with an ongoing benefit. If you download the book, or if you enter your email address in the magical box at the podcasts page, you'll get ongoing market coverage sent straight to your inbox.

Investor Insights is valuable and enjoyable coverage of everything from macroeconomic events to investing strategies to our analyst's travels around the world to find the next big thing. Also free.

Get the book. Listen to a podcast. Sign up for Investor Insights. I'm not saying that any of those things will make you rich ... but Business Insider seems to think so.

Compare Brokers