Set auto reminders and save money
Reminders are a great way to ensure you do not miss expiring contracts such as insurance, utility bills, subscriptions, and registrations. Setting reminders for expiring contracts has two financial benefits:
- If you miss an expiring contract such as car insurance, you might drive your car unaware that you are no longer insured. An accident could cost you dearly.
- When your reminder alerts you that a contract is about to expire, you can shop around and renegotiate a better rate.
Implementation and cost
Use an app such as GetReminded that will automatically remind you when your contract is about to expire and even show you cheaper options.
Similar posts you may like
- Move your emergency fund
An emergency fund is integral to achieving our financial goals and staying out of debt. However, because we think of an emergency fund as Read more
- The Romans Developed the First Trusts (Fideicommissum)
A trust is a fiduciary relationship in which one party, known as a trustor (or settlor), gives another party, the trustee, the right Read more
- Is Bitcoin a Tax Haven?
Bitcoins most important characteristic is that it is decentralised so no single institution controls the Bitcoin network. Bitcoin is pseudonymous, meaning that funds are Read more
- Seven Recession-Proof Businesses
The best recession-proof businesses sell a product or service that is necessary or legally required. This is to be contrasted with nice-to-have purchases or Read more
"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2