In an instant gratification culture, waiting for anything is viewed more of a nuisance that an opportunity. But standing in line or sitting in a waiting room for an appointment provide the perfect opportunity to take a moment to make some money savvy moves. Here are a few suggestions for making the most of your wait.
Find useful articles on the web about money saving ideas or finances in general and print out those articles for later when you inevitably find yourself in a waiting situation. Check out stretcher.com or bankrate.com for articles. Keep a few articles in your purse handy so you can skip the outdated magazines in the waiting rooms of you dentist's office the next time you visit. If you have a bunch of receipts floating around in your purse, gather them together and organize them by type, gas for example, or retailer, Walmart for example. Now organize them by date. When you get home put the receipts in a coupon organizer or separate envelopes. If you need to return something it will now be easier to match the receipt to the item.
At the beginning of a movie on DVD, do the previews for other movies take as long as the movie itself or does it just seem that way? Commercial breaks on TV are almost as bad. If you are watching TV alone and it's not a social occasion, break out those unpaid bills and start writing checks during commercials. By the time the movie starts or TV commercial breaks finish, you should be caught up on your bills. If you have any kind of wireless device with an internet connection, like a laptop, go online to do a little comparison shopping for rates on credit cards, checking or savings accounts. Or check your own credit rating online.
While waiting in line at the grocery store see how many coupons in your purse match the items in your shopping cart. Check and see that the coupons aren't expired. You might find out a coupon is expired and decide against the item after all. This also saves you the hassle of digging through a bunch of coupons when you are ready to pay and possibly missing one that you could have used. When waiting in line to check out, pick a register that has a magazine rack next to it. Skim the magazines while waiting to see if they have any article of interest. If they do, write down the name and month of that issue so you can later look up the article online without having to buy the magazine. Not all magazines have both print and online articles, but it's worth checking out online to save a few bucks. A lot of magazines will pay for tips readers send in or recipes. While you're skimming magazines, look for ones that pay for good ideas and make a note of the their web site if you would rather get the information off of the web than pay for a magazine. The next time you find yourself in a waiting you can write down all those great tips you have so you can send them into the magazines for money.
Money is valuable, but not nearly as valuable as your time. The next time you find yourself in a waiting situation, ask yourself, "How can I use this wait time to my advantage?"