Ever since I was a kid I was brought up to be frugal and to save and budget money. * Disclaimer: I am not a financial planner.
Instead of buying new clothes, go to thrift stores
Thrift stores are a great way to find clothes for cheap. The clothes may not be new and they might be slightly worn, but they don’t have to be perfect either. For example, consider a shirt that has been gently worn and is still in good condition but doesn’t look brand new anymore. This can save you as much as 50% on the price of any given item!
Liquidate your unused belongings and start a side business.
Sell your items online. There are tons of ways to sell your goods and make some extra cash, but here are the top five:
- Etsy - For those who want to sell their handmade goods, Etsy is an ideal place for it. The website has a vibrant community and it's easy to setup an account and start selling. You can have a store front ready in minutes!
- eBay – When you think about selling something on ebay, most people think about buying things from other sellers and reselling them at a profit. But you can also list your own items for sale on the site as well! Listing fees range from $0 if someone sells the item for you all the way up to 10% of each sale (depending on how much time/effort goes into making that listing). So there's no reason not try this option out as well!
- Amazon – If your product isn't particularly unique or doesn't have much demand locally (like electronics), then Amazon might be right up your alley because they allow anyone anywhere around world access through their platform! This means only one thing…more potential buyers equals more money made per transaction :)
Use coupons for all your purchases.
Here's a fun fact: coupons can save you between 10 and 50 percent on your daily purchases. That's right, with just one small coupon, you could take off half the cost of something in the grocery store or make it so that your lunch at a restaurant is half off! The best part about coupons is that they're available online and in print. If you're looking to use them at grocery stores, restaurants and other places where people go for food (like CVS), there are tons of options out there for finding coupons that apply to specific products or services.
You can also combine coupons with sales from retailers such as Amazon Prime Day or Black Friday deals from major department stores like Macy's and Kohl's—or even discounts from AppleCare warranties if your iPhone breaks down within two years after purchase date
Have set meal times.
You will save money by having set meal times.
You should eat three meals a day, and you should have the same time for all of them.
Your meals should be at the same time as your family, coworkers, friends and pets.
Meal prep food for the week.
Meal prep is a great way to save money and can also be used as an excuse to eat healthier. By making one big batch of food at the beginning of the week and eating off it for the next few days, you can save money by reusing ingredients and cutting down on waste.
Meal prepping does not have to be difficult or boring; there are many different ways that you can approach this concept:
- You could make a single meal each day for every day in your target week (this will require more planning than other methods) or
- You could make specific dishes each night over two or three nights, then freeze them until needed (this requires less planning than other methods).
The choice is up to you—and if you prefer something else entirely, there's no right answer! Just remember that when done properly, meal prepping can help save money while providing healthy meals with much less stress than traditional cooking
Use your gym's free pass, or try cheaper gyms.
- Use your gym's free pass, or try cheaper gyms. Most gyms offer a trial membership for a few weeks, and some will even let you check out one of their bikes or treadmills for free. Just make sure to cancel it before the end of your trial period if you don't want to keep paying for it!
- Buy secondhand clothes instead of new ones. Shopping at thrift stores not only saves you money but also reduces the amount of waste that ends up in landfills (which is great for the environment!). It's also fun trying on different styles and finding outfits that are unique to you—so even if they cost more than what you'd pay at H&M or Forever 21, they'll feel worth it because they're something special just for YOU!
Skimp on entertainment and travel expenses.
When it comes to entertainment and travel expenses, the secret is to avoid spending money on things you don’t need. If an item or service isn’t worth it, don’t spend more than absolutely necessary.
For example, if your cable company offers a low introductory rate that expires after six months, just keep your current plan instead of paying more for something better. Similarly, if there's a sale at a local coffee shop every year around Christmas time and they promise free refills on hot chocolate (which they never actually give), just wait until then and get your hot chocolate without having to pay extra for it.
Download free music from the internet and use a radio app instead of spending money on new music.
If you're a music lover and want to save money, then you have to try this trick. Download free music from the internet and use a radio app instead of spending money on new music. Why? Because radio apps are usually free and they allow you to listen to the same song over and over again without having to pay for it. The best part is that even if you don't like one particular song, there's always another one coming up soon!
Automatically deposit a percentage of your paycheck into your savings account each month before you get a chance to spend it.
One of the easiest ways to save money is to set up an automatic transfer from your checking account into a savings account. This will ensure that you don’t have access to the money and can’t spend it on frivolous things. If you see that money in your checking account, you are likely to spend it or at least consider spending it. You may even feel as though you need that extra cash because there is something more important than savings.
The best way to avoid spending what should be going into savings is by not having access to the funds in the first place! In order for this method of saving money be successful, however, it needs two things:
- Make sure the amount being transferred each month is reasonable for your budget — otherwise, this could backfire by causing anxiety about going over budget at the end of every pay period; and 2) Set up automatic transfers with enough time beforehand so that unexpected expenses don't cause problems later down the road
You can learn to control your spending habits, stop buying things you don't need, and save money at the same time!
- You can learn to control your spending habits.
- Stop buying things you don't need.
- Save money at the same time!
We hope that these tips have inspired you to start saving money on a day-to-day basis. It’s not always easy, but if you follow our advice and use some creativity, you can create a budget that works for your lifestyle. Remember: it takes time! Changing your spending habits doesn't happen overnight—it's all about making small changes over time and being consistent with those changes until they become second nature. Good luck!
This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.
© 2022 Shanon Sandquist