The Motley Fools 2015 Money Saving Tips

Motley FoolAt Worldline we’re all about saving our customers as much money as possible. Anyone who switches from one of the Big Three to us for their Internet and Home Phone services automatically saves at least $600.00/year, and that’s not even including the data caps they all love so much.

We love saving Canadians money and that is why we have a dedicated Twitter feed just for money saving tips. We’re always on the lookout for cool information that will help our customers save even more of their money.

The Motely Fool is a US based  investment advice service and below is an annotated list of their top tips to make 2015 a great year to save some money:

Have an emergency fund. This doesn’t appear to be a money-saving tip, but it is. An emergency fund (three to six months’ worth of living expenses not locked in to any long term savings plan) allows you to deal with any disaster that might happen, that would otherwise force you to take devastating financial actions such as cashing in an RRSP or jacking up your credit card.

Pay off debt. They talk about high-interest credit cards being the #1 cash flow killter. Owing $10,000 and being charged 30% (which isn’t unusual) can cost you $3,000 annually and can have you spiraling deeper into debt.

They also talk about the importance of rewards cards, asking your credit card company for a better rate, and even something as simple are quitting your gym if you’re not using it.

Read the whole thing on the Motley Fool website. It’s all good stuff.

Worldline Twitter FeedEvery day we publish useful and easy-to-do money saving tips on the Worldline Twitter feed. We invite you to join the thousands of Canadians who are already doing so and saving money like never before.

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