4 Ways the Internet Can Help Save You Money

Saving money is something that almost all of us try and do, but most of us wish we were much better at it. It is much easier said than done and with most of us having incredibly busy lives, remembering to save or budget every month can be quite daunting. However, what if we told you that the technology you are reading this on right now could actually save you money?

That’s right, the internet is home to a ton of different ways to either save money directly, or become better at saving money. With that in mind, this article is going to look at four ways that you should be using the internet (directly or indirectly) to help you save some more money.

Online Shopping

Nowadays, you really don’t need to go to the store for anything, as virtually everything can be purchased online. The online shopping market has exploded in recent years and shows no signs of slowing down. Whether you need clothing, food, toiletries, tools or anything else, there is likely a site that will ship them right to your door.

In addition to how convenient online shopping is, many of the products can actually be found cheaper online than in-store and there are always promotions and deals going on. However, you want to be careful with online shopping. With so many things at your disposal at all times, it can get tempting to overspend.

Online Lenders

Unless you never plan on purchasing a car or buying a home, getting a loan is something most of us will need to do at one time or another. Your city or town is likely full of banks, credit unions that can offer a variety of different loans for whatever you need.

However, those aren’t the only options you have. Nowadays, online lenders (such as Loanable) are very popular, and for good reason. In addition to saving you money, these online lenders are often more flexible, easier and quicker to work with and offer superior customization to traditional options.

Communities, Articles and Message Boards

One of the best ways to save money is learn more about personal finance and what goes into making a person a good saver. Thankfully, the internet is home to literally millions of resources that you can utilize to get better with finance and learn better money management skills.

There are several articles and messages out there to read, along with a ton of useful Q&A sessions. Also, participating in a community, such as joining a personal finance subreddit, can also help you learn as people are constantly posting questions and answers, linking articles and so much more.

Personal Finance and Budgeting Apps/Software

Nowadays, our mobile phones are for a lot more than texting, calling and using social media. These devices can help us save money in a number of different ways, thanks to dozens of helpful and feature-filled personal finance apps.

Some of them help you budget efficiently on the go, some will automatically invest money for you and some can give you instant access to your finances, wherever you are. These types of apps make it easier than ever to save money via a connection to the internet. The things possible today on a small device you carry in your pocket would have been thought to be impossible even a few short decades ago.

In conclusion, these are just some of the many ways that the internet can help you save more money and/or learn the necessary to save more in the future.

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Data Science in Finance: 9-Book Bundle

Data Science in Finance Book Bundle

Master R and Python for financial data science with our comprehensive bundle of 9 ebooks.

What's Included:

  • Getting Started with R
  • R Programming for Data Science
  • Data Visualization with R
  • Financial Time Series Analysis with R
  • Quantitative Trading Strategies with R
  • Derivatives with R
  • Credit Risk Modelling With R
  • Python for Data Science
  • Machine Learning in Finance using Python

Each book comes with PDFs, detailed explanations, step-by-step instructions, data files, and complete downloadable R code for all examples.