Why is budgeting important?

Having a budget and sticking to it helps ensure financial stability. Unfortunately, according to a May 2020 Mint.com survey, 65% of American households have no idea how much money they spent last month.

Do you have a budget? If not, it’s time to start one. Learn the importance of budgeting and how to save money for big purchases from the experts at Ibotta today.

Utilizing the Ibotta app, the Ibotta browser extension, and the Ibotta offers page, you can start setting a budget and saving money on the things you buy everyday.

How to start a budget

Here are some easy budgeting tips:

• Define your goal

Knowing where you want to go is the first step in deciding how you’ll get there.

• Understand your income

Add up what’s currently coming in and how you can begin saving toward your goal.

• Allocate your budget

Build a budget that covers your necessary monthly costs and extra spending money.

• Stay consistent and be patient

Ensure your budget is one you can stick with day in and day out. And be patient – it’ll pay off before you know it.

• Celebrate

When you’ve stayed consistent, remained patient, and hit your budgeting goals, throw yourself a well-deserved par-tay (within your budget, of course)!

Budgeting is important because it helps you control your money and save for the future. That added financial stability creates peace of mind. Setting a budget can feel hard, but with Ibotta, you can earn cash back and save!

How to save money a budget

Setting a budget is a win-win! Ibotta has three ways you can succeed in saving extra money while you’re on a budget:

• The Ibotta app

Download the Ibotta app for cash back on both in-store and online purchases. An easy way to save on the essentials.

• The Ibotta browser extension

The extension finds you cash back at hundreds of online retailers.

• The Ibotta offers page

Find and compare real-time offers on all of your favorite brands, so you can be sure you’ve got the best deal.

We know budgeting can be a challenge whether you’re a newbie or a financial pro. But we’re here to help you save on what you need so you can get what you want from your finances. Let’s start saving!