Spring is finally here! (Knock on wood). It’s almost time to swap out my 8,000 pairs of boots for their open-toe counterparts, swear off hot coffee until October, and retire my (faux) fur coat until next season. Spring is also a great time for…cleaning! Especially cleaning up your finances, now that the holidays are long gone and spring break trips have been paid for. As a college student rapidly approaching graduation, I’ve definitely started feeling pressure to be frugal until I get a job squared away. In the meantime, here are some of my tips for keeping your wallet as full as possible!
1. Turn off auto-reload on your Starbucks card. It sounds brutal, I know, but when things like spending are set to autopilot they become super easy to ignore. Make the most of your Starbucks membership and take advantage of their frequent promotions. My office has a decent coffee machine, so I’ve officially run out of excuses for spending $5 on a latte.
2. Clean out your closet. Spring is a great time to get rid of shoes, clothes, purses, etc. since you’re probably already swapping winter wear for springtime clothing in your closet. My favorite place to get rid of stuff is eBay, but I’ve heard great things about sites like Tradesy and Poshmark. You can literally post stuff for sale through your iPhone, and drop it in a mailbox once it sells. I’m the laziest person ever and eBay gets my approval for the easiest way to make money.
3. Cancel any & all magazine subscriptions. As someone who works in the magazine/digital publishing industry, this is a bit painful, but I can’t remember the last time I had a magazine subscription, let alone time to read one. Transition yourself into online content, which is way more fun to read anyway, and take advantage of student access on sites like the New York Times. If you’re a magazine aficionado, or travel a lot and find yourself spending $5 a pop on mags at the airport, definitely look into Texture, an amazing app that has the digital version of (basically) every magazine, every month. It’s $10/month, but could totally be worth it.
4. Make your credit card work for you. I get the most points back on my credit card for groceries, so that’s primarily what I swipe that baby for. Large credit card companies always have great promotions going on…I know I’ve gotten cash back for registering my Amex in programs like Small Business Saturday and Restaurant Week. If you’re traveling, definitely look into hotel add-on offers, deals on car rentals, and flight promotions. Companies like Credit Card Insider have tons of information on how to get the most out of your credit cards!
What are your suggestions for financial spring cleaning? I’d love to hear!
All gifs from giphy.