Once you have organized your budget, it is time to review your spending (especially your fixed expenses). Often, we pay for services that we do not use, or we are paying too much for them. At BBVA, we recommend comparing the services of different providers to get the best value for money. This recommendation also applies to your internet or cell phone bills, in addition to gas, electricity, and other services.
You can also save effortlessly on your daily expenses. For example: before doing the weekly shop, go online and look for the best value-for-money offers. This is a simple trick you can use with all your purchases.
Finally, we recommend trying to avoid paying interest or, at least, to pay as little as possible. This will help you obtain a healthier balance at the end of the month. A simple way to do this is to set up direct debit payments in the same account where you receive your paycheck each month. This way, you'll have greater control over your available funds.