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Three tips for getting the most

28 June 2020
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Three tips for getting the most

Three tips for getting the most

The cost of living is high and no matter how much income you earn, you often feel like you are running out of money. However, our financial situation should not be a constant concern. Here are three tips for getting the most out of your money.

Shannon Lee Simmons, founder of the New School of Finance financial planning firm and author of Worry-Free Money, offers some tips to help you stay financially secure.




Establish a wise budget.

The budget is usually a rigid tool which often does not allow money to be spent realistically. To manage your finances hassle-free, all you need is a flexible plan tailored to your needs, which will help you achieve your goals while allowing you to make certain expenses that will make you happy. Before developing your long-term goals, make a list of short-term steps you should take without cutting costs. Three tips for getting the most.



Know your limits.

Don’t get caught up in rash spending. It’s so easy to end up with a big bill at the end of the month or spend money without really understanding what it was used for. Set limits and stick to them to make sure you save for retirement and avoid getting into debt. You can do this by paying for your debit card purchases using Flash Interac. You don’t accumulate hard-to-pay debts on your credit card. Debit is also a fast, secure and convenient way to spend the money you have. In addition, you can instantly view and track your transactions.




Ensure your financial security.

It’s good to have a financial plan, but you should also know that the way you spend your money is safe. Thanks to contactless payment technologies, it is now easier and safer to swipe your debit card or mobile device in front of the reader for small purchases. The limit on your debit card helps you stay in control of your spending and protects you in case your card is lost. In addition, the Interac Zero Liability Policy means that you do not have to worry because you are not responsible for losses resulting from circumstances beyond your control.

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