7 Ways Wonder Woman can Save Money While Saving the World
Diana of Themyscira may be a princess, but you never know when your fortunes will change. Being prepared for what’s next is vital if you want to find financial success. So, as Wonder Woman heads out to save the world, she also needs to look for ways to save money at home and abroad so that she’s always ready for that rainy day.
1. Make it Automatic
You’ve probably heard the expression, “Pay yourself first.” This is very good advice. Anytime you receive income, you should make sure that you put some of it aside in your savings account. Make this automatic, and you’ll be in even better shape. You can make your savings automatic by:
- Having the money deducted from your paycheck and put into a savings account or into a retirement account.
- Automatically having it transferred from your checking account to your savings account. This works by scheduling an automatic transfer to take place regularly.
Either way, you won’t have to think about saving — it’s just happen. And for someone like Wonder Woman who is always off saving the world, that’s one less thing to have to worry about.
2. Cut Back on the Unnecessary Spending
One of the best things you can do to save money is to cut back on the unnecessary spending. Figure out your spending priorities, and then focus on those. Cut back on spending that doesn’t match your priorities so that you can use your money for other purposes. Save that wasted money for a rainy day, and you’ll always be prepared for what’s next.
3. Shop Around
Comparison shopping is a good way to save money on purchases that you intend to make. Shopping around can help you find the best prices — and you can put the money you save away for an emergency. You can comparison shop for electronics, groceries and clothing. You shouldn’t stop there, though. Make sure to shop around for the best prices on your various insurance policies, as well as for other large and regular purchases. Make sure you are getting the best deal.
4. Look for Discounts
Be conscientious about the discounts that are available. If Wonder Woman needs to travel to the States or some other distant locale to kick some super-villain ass, she can check to see what discounts are available on travel, as well as food. Discount sites like Restaurants.com and CityDeals.com can provide access to food and entertainment options at lower prices. Additionally, it’s often possible to find coupon codes and promo codes online for a number of retailers, online and offline. There are even shopping apps for your smart phone that can help you save money on purchases.
5. Use a Rewards Credit Card
It may seem crazy, but it’s true: Your credit card can help you save money. Use your credit card for most of your spending, and you can rack up the points to earn free stuff — and even cash back. Wonder Woman can use her credit card everywhere she goes, ringing up plenty of points. Then, the points can be redeemed for cash, gift cards, hotel stays and more.
You do have to be careful, though: If you spend using your credit card just so that you can get the reward points, you could wind up in trouble. You don’t want to be drowning in debt. Instead, make your credit card spending part of your regular budget. That way, you will live within your means. Every month, pay off your balance so that you aren’t charged any interest. You’ll save money, and you’ll improve your credit score at the same time.
6. Refinance and/or Consolidate
Take a look at what you are already spending on some of your loans. If you have a number of student loans, you might want to consolidate them. If you can consolidate to one interest rate, and one payment each month, there is a good chance that you will be able to save some money on your obligations. That money can be saved over the long haul — hundreds of dollars over the life of your loan — or in the short-term, saving you money each month.
You can also consider refinancing your home or car loan. If you are paying a higher rate of interest, you can save quite a bit by refinancing to a lower rate. Whether you are refinancing your mortgage, or refinancing your car, you can save money. Just remember that the difference in interest rate needs to be large enough that it offsets the costs of refinancing. With a little planning, though, you will find that you can save more than you thought, just by redoing your loan paperwork.
7. Live More Efficiently
Diana draws on Gaea, the spirit of the earth, for strength. You better believe that she is doing what she can to live in as sustainable way as possible. Living more efficiently can also save you money. You can save money when you pay attention to the way you are using resources. Make your home more energy efficient with the help of programmable thermostats, smart strips, and energy-efficient light bulbs. Pay attention to the way your landscaping uses water, and make your home more efficient in that way.
You can also make better decisions when you drive. Consolidate errands and plan your route. Carpool to work or arrange a school carpool for your kids. Take public transit more. When you live a more energy efficient and sustainable life, you can reduce your expenses, and put the money you save aside for another day.