Having a budget and sticking to it helps ensure financial stability. Unfortunately, according to a May 2020 Mint.com survey, 65% of American households have no idea how much money they spent last month.
Do you have a budget? If not, it’s time to start one. Learn the importance of budgeting and how to save money for big purchases from the experts at Ibotta today.
How to start a budget
Here are some easy budgeting tips:
- Define your goal
Knowing where you want to go is the first step in deciding how you’ll get there.
- Understand your income
Add up what’s currently coming in and how you can begin saving toward your goal.
- Allocate your budget
Build a budget that covers your necessary monthly costs and extra spending money.
- Stay consistent and be patient
Ensure your budget is one you can stick with day in and day out. And be patient – it’ll pay off before you know it.
When you’ve stayed consistent, remained patient, and hit your budgeting goals, throw yourself a well-deserved par-tay (within your budget, of course)!
Budgeting is important because it helps you control your money and save for the future. That added financial stability creates peace of mind. Setting a budget can feel hard, but with Ibotta, you can earn cash back and save!
How to save money a budget
Setting a budget is a win-win! Ibotta has three ways you can succeed in saving extra money while you’re on a budget:
- The Ibotta app
Download the Ibotta app for cash back on both in-store and online purchases. An easy way to save on the essentials.
- The Ibotta browser extension
The extension finds you cash back at hundreds of online retailers.
- The Ibotta offers page
Find and compare real-time offers on all of your favorite brands, so you can be sure you’ve got the best deal.
We know budgeting can be a challenge whether you’re a newbie or a financial pro. But we’re here to help you save on what you need so you can get what you want from your finances. Let’s start saving!