Are you looking for the easiest ways to save money? If so, you’ve come to the right place! There are lots and lots of ways to save money, but today I will tell you the TOP 10 ones, which will help you to save up faster.
They will help you get closer to your financial freedom and finally live your best life!
Related article: 10 Ways To Start Living Your Best Life
1. Set A Goal/Goals
Saving money is going to be very hard for you if you don’t know what you are saving up for. That’s why it is critical to set realistic goals that you are hoping to accomplish in the short term and long term.
Plan and write them down. Add steps and tools you’re going to use to achieve your goal/goals. Track your weekly expenses and how much you saved throughout the week.
How To Organize Your Life And Save 7 Hours Every Week
2. Trick Yourself Into Saving Money – Use Apps
1. Digit App
There are tons of different apps that can help you save money. One of them is called Digit App, and I won’t be surprised if you’ve heard of it.
It has become very popular lately and it’s all because it allows you to save money automatically. It’s already helped its customers securely save over 1 billion dollars.
All you need to do is link up your bank account to the Digit app and it will automatically move money from your checking account to your Digit savings account.
A good thing about it is that Digit analyzes your income and spending to see how much you could possibly save, it adapts to your lifestyle. Typically it’s $3-$17 every 2-3 days, depending on your individual situation.
Whenever you want or need to, you can easily and quickly withdraw your money from Digit, and it’s free. So you will automatically save money and spend less than you normally would.
After the end of your 30-day free trial, a Digit subscription is $5 per month. I still think it is a good deal. It used to be free some time ago, but now a lot of people use it.
2. Rakuten
Another great platform that I use is Rakuten (formerly known as Ebates), which gives you cash back whenever you shop online or in-store.
The concept of it is pretty simple. Whenever you make a purchase via the Rakuten link, they get a commission and share a portion with you in the form of a cashback offer. That’s how simple it is!
Especially if you are an online shopper you can simply activate your Rakuten and get cashback on every purchase you make. You can use it at many different stores (GAP, H&M, Bed Bath& Beyond, JC Penny, Nike, and many others).
Another great thing about it is besides getting cash back for you, the Coupon Magic feature seeks out the best deals and coupons for your transactions.
Create a Rakuten account here. Make an online purchase of $25 and get $10 as a welcome bonus! So easy.
3. Round it up!
You can also round up your purchases. Some banks allow you to round up every purchase you make to the next dollar and put that money in savings. You will hardly notice that that’s why you need to check whether or not your bank offers it, as it is a great and easy way to build your savings.
The 7 Best Cash Back Websites To Save Money Shopping
4. Create a realistic budget, so you can track your expenses and see where your money’s going!
3. Stop Spending Money On Lunch
Instead of wasting money on your lunch during your workdays, bring something to eat from home. Think about it, if you go out to eat every workday and spend, on average, $10 per meal, that adds to $2,500 a year. While making your own lunch will cost you half that.
4. Save Money When You Buy Groceries
The total spent on groceries for the average household ranges from $250 to nearly $1000 a month, depending on the state and number of family members. It’s a lot of money! Considering that families waste around 40% of food every month!
That’s why I highly encourage you to:
- Plan your trips to the supermarkets. Make a list of what food you will need, and what meals you will cook, and once you’re in the supermarket stick to the shopping list.
- Get all newspaper coupons and download the reward app in advance.
- Use cashback on your groceries.
- Don’t go grocery shopping when you’re hungry. It will make you buy more.
- “Best by” date doesn’t indicate safety for eating, it indicates the last day of the peak quality. Many foods are still good to eat days and weeks after that date, so make sure you take a look at the food inside the package first.
- When taking an item check if there’s an additional sale on it.
If you want to know how to stay safe and save money when you buy groceries during the pandemic I highly recommend reading this.
5. Start Earning With Something That You Love
If there’s something that you love doing, your hobby, or skills that you have, don’t be afraid of trying to monetize it!
- Let’s say if you love photography and you’re good at it, start selling them on stock websites.
- If you love painting or crafting you can do the same! You can try to sell them on sites! (Etsy, ArtFire, etc.)
- If you’re bilingual, you can work as a freelancer and earn on one-time translation projects (Upwork, etc.)
- If you enjoy writing, you can start your blog or write content for other bloggers! ( I use Bluehost as of now. It’s $3.95/month and it gives you a free domain for the first year, plus it has a 30-day money-back guarantee, so basically you can sign up and if you’re not satisfied within 30 days you will get your money back.)
Learn how to make money selling digital products on Etsy.
6. Sell Stuff That You Don’t Use
If you have too many clothes, electronics, houseware, and appliances and you know you will not use them (or if you haven’t been using them for a year, chances are you don’t need them), sell them!!!
There are a lot of platforms that help you sell unwanted stuff online, such as eBay, Craiglist, Facebook, and many more. STOP COLLECTING SOMETHING YOU WILL NEVER USE.
Read more: 14 Unnecessary Expenses That Hurt Your Wallet
7. Lower Your Utility Bills.
Make sure that you are as conservative as you can be with your utility bills.
- Turn off the light in the room you’re not using
- Unplug all your chargers for devices and other appliances you’re not using
- When you brush your teeth turn the faucet off, and do the same when you take a shower
- Save energy by insulating your windows and pipes with a simple sheet of bubble wrap. It will enable your house to maintain its temperature, I’m talking about the heat during the cold months and cool during the summer months.
- Wash clothes in cold water. In order to provide warm water to your washer heater has to work hard and use a considerable amount of electricity, as a result – a high electricity bill!
Read more:
The Easiest Way To Track Your Expenses – The Highlighter Budgeting Method
10+ Best Dave Ramsey Tips To Achieve Financial Freedom
8. Don’t Underestimate Your Library
If you want to save money, but you are a bookaholic and you spend money on buying books, your local library is a good source of having fun without spending any money!
You can find your favorite book, or check the latest best-sellers. You can also borrow a movie, bring it to the house, and watch it with your friends and family. And it’s FREE!
9. Save Money On Eating Out
Bureau of Labor Statistics reports that the average household spends an average of $3,008 per year on dining out! Can you imagine that you could’ve saved $3,000 a year by just refusing to eat out and cook in the house instead?
I understand we all meet up with friends and family, but at least try to reduce it in half (it’s better if you keep track) and results won’t make you wait.
There’s also a $5 Meal Plan, that you can use to cut your food spending and eat at home, which will lead to saving more money. It’s $5 a month, and you get meal plans sent straight to you along with the exact shopping list you need in order to create the meals.
The meals are affordable and are easy to make. They also have a 14-day free trial, on top of that if you’re not satisfied with your meal plan you can claim your money back.
The Best Way To Meal Plan To Save Money And Time
10. Take Online Surveys
Of course, you’re not going to make millions of dollars on taking surveys online and it will not help you cut back your spending, but it is a nice way to make some extra money.
Typically, it is $0.50 to $5 per survey. So, your monthly earnings will depend on how much effort and time you’re ready to put into it, but if you take a few surveys a day, you can earn at least $100 a month.
The ones that I recommend are free to join: Survey Junkie, Swagbucks, Prize Rebel, VIP Voice.
Here are my 10 Best Tips On How To Save Money. Now it’s your turn, how much do you save monthly and what are the ways that you found useful?
Read more: 15 Best Birthday Freebies You Will Want To Sign Up For
