Money-saving Groupon hacks to keep your wallet happy

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So, here's the deal -- we love nice things A LOT, right? But what do we love more than that? Saving money! While for many of us it often seems extremely difficult to have both, occasionally we stumble upon something awesome that encourages us to get everything we want in life. In this case, that "awesome thing" we're talking about is the website/app called Groupon.

Otherwise known as a global e-commerce marketplace offering activities, travel and more at a discounted price, Groupon has created quite a buzz in the lives of many, allowing them to find savings right in the comfort of their phone. While this is clearly incredible, the sad truth is, even that's not always enough. It's not that Groupon doesn't offer amazing money-saving deals, it's just that (per usual) we want more. Anytime we can save extra money, we're going for it. So today, we're helping you save EVEN MORE money on Groupon with super easy hacks you'll love.

Photo: Getty

1) Refer your friends

Any and all friends who love deals! For every friend referred, you get $10 in Groupon dollars once they make their first purchase. Cool, right?

2) Check for extra charges

Sadly, there are so many hidden charges on Groupon, such as shipping, flights, etc. Look close when buying!

3) Subscribe for the best savings

It's better than simply checking the website every now and then. This way you're alerted to the hottest deals.

4) Get social!

Tweeting about your favorite Groupon purchases means Groupon will personalize your offers.

5) Search through the "best of" Groupon

AKA: the best deals!

6) Read the fine print

Look here for slight things that may ruin the deal.

7) Get Groupon mobile

It's free and shows you deals applicable to the area you're currently in!

Click through below for more ways to save money this year:
Easy ways to put more money in your pocket
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Money-saving Groupon hacks to keep your wallet happy

Automate your finances. 

Set up your finances so that money is taken straight from your paycheck and deposited directly into your savings account or a retirement savings account. You can also set up your fixed bills like your Internet and cable to be automatically deducted from your checking account. Automate your finances to save time and prevent overspending. If you see extra money in your account, chances are you’ll find a way to spend it, leaving you little to invest in your future. Automation helps keep your priorities in line so that as money comes in, it is dispersed to your other accounts immediately.

(Photo: Getty)

Cut back. 

At least twice a year, look at your expenses line by line and see if you’re getting the most bang for your buck. For example, do you read the magazines you subscribe to or maximize that gym membership? If the answer is “no,” consider canceling or negotiating a better rate. Take that money you save, and apply it toward bigger payoffs like debt reduction, retirement or an emergency fund.   

(Photo: Getty)

Get rewards. 

Lots of people use debit cards to make it easy to buy and budget for groceries, gas and other routine purchases. Instead of doing that, look into a credit card with a great rewards program for those daily purchases, and set it up to automatically pay the statement balance from your checking account each month. Over the course of the year, you could potentially pocket a few extra hundred dollars just by using a card with a good rewards program instead of your ordinary debit card (just make sure you’re paying off your credit card every month, so you don’t pay extra in interest).

(Photo: Getty)

Boost your income. 

If you love your job and want to grow your career, it's time to think about boosting your income as well. Make it a goal to negotiate a raise this year. Consider your strengths and look at the value you've provided to your company over the last six months to a year, and discuss it during a performance review. This can feel intimidating, but it never hurts to ask.

(Photo: Getty)

Get a side gig. 

Take advantage of your skills, or turn a hobby into profit. Doing so can help you generate extra income – which you can put toward reaching your financial goals. Etsy, for example, is a great place to sell one-of-a-kind products.  If you have Web design, copy editing or other creative skills, consider offering your services on freelance websites such as Fiverr or Elance. These types of side gigs will allow you to earn extra income while also growing your skills.

(Photo: Getty)

Track your progress. 

You can’t save money if you don't know where your money is going. Every month, track your net worth using a personal finance tool or app that will show you exactly where your money is going. This will make you think about your entire financial picture from income and expenses to investments and taxes. With this focus, you can ultimately make the greatest impact on your finances in 2015.

(Photo: Getty)


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