How to Save Money Every Single Day

Saving money takes consistent focus- it’s something that you need to think about every week. So, how do you save money on a regular basis?

If you want to save money because you don’t feel as though you can afford the bills- or if you know that you are not happy with the lifestyle that you have at the moment- here are some helpful hints to get you started.

How To Budget

 

Commit to sitting down with the money that you have, once every week.

Create a budget and stick to it, and take the time to really understand if your budget is realistic. If you don’t take into account the money that you have now, you can’t hope to make a better life for yourself. Go through your bank account and make sure that you’re not paying any unnecessary fees.

Meals- A Big Expense

 

To really generate some savings, plan out your meals for the week. Take a few hours out of the week to try and go grocery shopping and to even plan out your meals as well.

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Dining is the biggest expense for a lot of households, so if you are able to cut down on this spending category, you can really save a lot of money over time. You can also cut down on the calories that you have every week, so there are several benefits to planning your meals.

What About Cable?

You may be thinking that cutting out TV is just not an option, but you really do have tons of subscription options available that can save money in the long-run. You can use Netflix or even Amazon Prime, for example. You can use these apps when you travel, to keep yourself entertained on trips.

Pot Luck!

 

Entertain by throwing a potluck. Instead of having a fancy dinner with everyone, have people bring over their favorite dish. You can save money, because you won’t have to worry about restaurant extras or tips, and you get everyone around the table at one home. Your friends can save money as well.

Rental Sites

If you like to travel, try using travel websites to find cheaper places to stay.

If you find a hotel with a kitchen, for example, you can cook your own meals. To save even more money, consider renting out your home to someone else while you are away. You can do this through a legitimate website, and it’s a fantastic way for you to make sure that your vacations are not all about spending money. Everyone wins here, so it’s worth looking into.

Your Bills

Utilities (gas, heat, cooling, water) are a big home expense.

If you want to save on utilities, consider a tankless water heater versus regular water heater. Switch to making coffee at home, rather than stopping at a coffee shop on the way to work. If you happen to get a coffee out every single day, buy some good coffee for home and enjoy it before you head out the door.

Try DIY

There are blogs that can teach you how to do anything around the house.

There are even DIY beauty treatments, so you don’t have to spend a ton of money on makeup. Instead of a spa treatment, try and set a few hours to one side on a Saturday to have a long bath, or give yourself an extra half an hour in the morning to get ready so you can go out feeling confident.

Little things like this can surprisingly have an impact on your budget, because when you feel great, you don’t need to go out and make yourself feel better by spending even more money.

Outsource

Do you have some jobs that need to be done but you just don’t have time to do them? Consider outsourcing! This is especially the case if you operate your own business or if you are self-employed.

You can save valuable time by doing this, and you can boost your income and you ability to save. There are so many reputable freelancers out there that are waiting to help you out.

You Can Do It

Give these ideas a try, and you can save money every single day- you can do it!

This post is for educational purposes only.

Ken Boyd

Author: Cost Accounting for Dummies, Accounting All-In-One for Dummies, The CPA Exam for Dummies and 1,001 Accounting Questions for Dummies

Co-Founder: accountinged.com

(email) ken@stltest.net

(website and blog) https://www.accountingaccidentally.com/

(you tube channel) kenboydstl

 

Image: Bullseye, Jeff Turner CC by 2.0