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#8. Look for smarter places to put your money. If you're keeping your money in a bank savings account, the interest your earning is probably best termed abysmal. We've seen ads bragging about interest rates of less than 1%. on savings, These rates are costing you money because they’re lower than the current rate of inflation. If you have money in a bank savings account get it out and put it at least in a money market account. These accounts offer better interest rates and usually include free check writing privileges. There are also online banks where you could put your money. Most of these have the same FDIC insurance as a brick-and-mortar bank. Also, have you looked at the interest rate on your credit cards recently? If you're paying 17% or more, you need to do a balance transfer to a card with a lower interest rate. Or better yet transfer those balances to a 0% interest balance transfer card where you would have anywhere from 12 to 18 months interest free. If you shop around you should be able to not only find one of these cards but one that offers good rewards, which could save you even more money. For example, as of this writing the Chase Freedom Card was not only offering 15 months' interest-free on purchases and balance transfers but also a $100 bonus just for signing up.