Top Ways To Save Money Using Technology

The rate at which telecommunications technology is advancing can be overwhelming for the average individual. New digital devices and media software are being created everyday to improve how we perform our daily tasks. Typically, these devices are designed to help save time and make processes more efficient, but more recently, consumers have been using them to make long term financial savings.

Today, there are many small ways that low cost or free technology services can help save you lost of money in everyday expended such as text messaging and entertainment costs like movie theatre tickets. While you may not have an interest in the finer details of how the technology that drives your life works, it is important to know how it can help you save money.

With that in mind, here are a few ways you can save money with technology:

1. Choose VoIP services

Voice over Internet Protocol is a fancy term used for the type of online services that allow you to make voice calls using an Internet connection. Sometimes, you can even chat or make free domestic calls using these services. The most popular VoIP services are Skype, Rebtel, and Google hangouts. All the three services have an application that can be downloaded to PCS and mobile devices.

2. Use Texting Apps

Rather than paying for your text messaging, there are free services such as What’sApp which lets you text your friends and family absolutely free! All you need is a mobile phone that can connect to the internet. Of course, you will have to pay a data charge but if you have Wi-Fi then it won’t cost you anything extra.

3. Advertise on the Internet

Years ago, businesses placed hard copy advertisements in newspapers and hoped someone would notice. But from a budgetary point of view, this approach is far too cavalier to be taken now. Advertising on the Internet is not only cost effective but it also allows easy tracking of results to identify what works and what doesn’t. Adverts that simply aren’t pulling their own weight can be easily eliminated this way.

4. Make sure your technology is adequately protected.

With regards to telecommunications technology, the financial impact of hackers, spammers and other illegal intrusions on company and home networks is virtually incalculable. Apart from outright theft of information or finances, human resource is needed to fix the problem not to mention the cost of replacing or repairing lost or damaged files and data. Ensure that your anti-spyware, firewalls and other security measures are up to date and working. This way, you won’t have to waste pocketfuls of money fighting viruses.

With regards to appliances and other gadgetry, it may also stand you in good financial stead to invest in protective measures and devices aimed at averting loss. For example, home appliances such as TV, Hi-Fi, and others tend to continue sucking up power even when switched off. To save energy costs, you can employ smart strip surge protectors. Not only would they protect the gadgets from power surges, but they also help reduce your monthly power bill by killing standby power that most electronic consumer when turned off.

5. Use freeware whenever possible

People having using premium accounting packages to manage both business and personal finances, but the average user can safely ditch these software packages in favor of free online services. The free web based Apps and services are capable of doing virtually everything that the paid software does. There are many other free yet high functional (freemium) software products that can replace your current software at a lower cost (or for nothing). A fine example is opting for Google’s web based apps (Free) over MS office.

6. Daily deal apps and websites

Daily deals have become very popular as a way of saving money in the UK. A daily deals event dubbed “DD summit Europe 2012” that brought together big names in the daily deals industry such as Living Social UK and Groupon was first organized in 2012. The daily deals market is huge, with over 80 active daily deal sites in the UK and 250 new sites having been launched in Europe in a span of 3 years.

Websites like Living social, kgbdeals, and Groupon offer their subscribers up to 90 percent off on a wide range of products and services from holiday trips to haircuts. Whilst other sites like YesCatalogues are more specific. They offer daily discounts from UK catalogues of up to 20%. These discounts can be used on anything from clothing to electricals and appliances!

As you look to keep a tight grip on your funds during these hard economic times downloading an app like Cellfire Coupons, Sherpa, or MobiQpons will make it easy to display the best daily deals and coupons in your area.

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Frugal Frank

Editor
I have a passion for getting the best deal possible, whether it be buying a new car or saving money when eating out.

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