Everyday expenses like groceries can’t simply be cut from our budgets.
I asked experts how to save money even if you livepaycheck to paycheck.
They shared one method that could definitely pay off: Negotiating your bills.
“It’s not like going to Gap and buying a shirt.
you might’t negotiate there, but so many of the things we pay for can be negotiated.”
There’s lots of advice on how to go about the request.
Fundamentally, it’s about why you’re doing it.
You may qualify for introductory offers even as a longtime customer.
you’ve got the option to also inquire about discounted rates based on financial hardship.
Flores recommends pointing out that you’re a responsible tenant who makes on-time payments.
Some apps can help you spot savings for things you didn’t even consider, too.
CNET’s top budgeting app,Rocket Money, can help you negotiate bills.
Companies like to retain customers and could be flexible if you ask.
But advocating for yourself can be a solid win that helps you put more money in your pocket.
Each month, transfer those funds into a high-yield savings account that earns decent interest.
Right now, the best high-yield savings accounts are earning up to 4.45% APY.
If your current savings fund isn’t getting good returns, considerswapping banksor opening an additional low-risk account elsewhere.
