Monday, October 9, 2017

Simple Ways to Save Money Every Day


In the world of instant payments and instant gratification that we currently live in, it’s almost easier to spend money on a daily basis than it is to save it, but it doesn’t mean we should stop trying to save. In fact, if we want to have any degree of financial stability now and in the future, it is vital that we take any measures we can to save money today, tomorrow, the day after that and so on.

Here are some simple things we can all do to start saving money every day starting from today:

Have a Money ‘Date Night’ Each Week

One day each week, you should take the time to sit down and go over your incomings and outgoings for the week. During this time, you should create a revised budget for the following week, take a look at your accounts and pinpoint any areas of spending that you could further cut back on. The more time you spend with your money, the better you’ll get at making good decisions and saving more and the less you’ll be tempted to overspend.

Do What You Can to Minimize Debts

One thing that will really help you to save money, now and in the future, is decreasing your debt burden. So, if you have tax issues, get in touch with a good tax lawyer like Travis W. Watkins to see what can be done; if you have lots of credit card debt, start paying off more than the minimum or get in touch with a debt consolidation company to minimize your monthly burden; or if you’re way over your head, speak to a debt counselor and see what can be done. The second you eliminate excessive debts and interest rates, the second you can start saving more.

Pack Your Own Lunch

If you generally eat out at lunchtime, one thing that can help you save a surprising amount of money is packing your own lunch. The average American spends approximately $3008 on restaurants and takeout dinners each year, and by at least brown bagging your lunch each day, you can significantly cut down on this figure and put it directly into savings.

Meal Plan

On the subject of meals, another great way to make daily savings on the cost of feeding ourselves is by meal planning. Working out exactly what you’re going to eat for the week and then taking the time to buy just the ingredients you’ll need on the weekend, will save you money, not only because you’ll be cooking your own meals instead of eating out, but also because you’ll be less tempted to buy groceries you don’t really need.

Cut the Cord


The mere thought of cutting the cable cord might be enough to fill you with dread, but in this day and age, it really isn;’t a big deal because you don’t have to go completely without. Streaming services like Netflix, Hulu, and Amazon Prime enable you to watch all of your favorite shows for a fraction of the $1476 the average American pays for cable each year.


If you’re in the position to do so, downsizing to a smaller home in a less expensive neighborhood is a really fantastic way of saving money every day because your mortgage or rent payments will be a lot smaller, freeing up more money to invest in your future.

Start a 30-Day Shopping List

The 30-day shopping list is a very simple, but very effective technique for curbing those instant gratification impulses. Basically, every time you come across something you want to buy, instead of buying it there and then, you write the details down on a list and wait 30 days. If you still want the item, whatever it is, after that time, you go ahead and buy it. However, quite often you’ll find that the initial desire for the thing has subsided, leaving you better off and not feeling at all like you’ve missed out.

Use Online Tutorials to Cut Costs

Whether you love having your nails professionally painted, your eyebrows threaded or your home to always look amazing; you can save money on the costs of personal care, beauty and DIY by utilizing online tutorials to learn the skills yourself. If you get really good at it, you could even earn money by selling your newly learned skills to others.

As you can see, there are many ways, big and small, to save money every day. All it takes is the will to get started and the determination to carry on even when temptation rears its ugly head, and you’ll see greater financial stability in your life, in no time at all.

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