My Tips to Save More Money
Do you ever get to the end of the month and realize you are about out of money? Or realize you over-spent on accident? How about not being able to pay the balance on your credit card and having to accrue interest? I know things can be tight. These tips are not the end-all-be-all, but maybe, just maybe, they can help you have just a little extra money next month!
- Create a monthly budget and track your spending. This one is HUGE and very important!
Make a budget and STICK TO IT! I know you’ve heard this one before, but it’s true! Sit down (with your spouse if you’re married), and create a budget and go over it every month! Yes, every month! And make sure you are checking it and sticking to it throughout the month, as well! If you don’t control your money, it will control you. Dave Ramsey’s Financial Peace University is a great course that can help with this! There are also apps that you can download so that you can look at your budget right on your phone wherever you are.
- Look at where you are spending your money and see if there are any cuts you can make… Netflix instead of cable? Eat at home more often instead of out? Make coffee at home instead of stopping at a coffee shop? Work out at home or go for a walk instead of going the gym? Sometimes cuts aren’t very fun to make. Ok, probably all the time. But they are necessary to save money when money is tight! Start with one or two and see how that goes. In a month or two, look again and see what else you can cut out of your spending. If you are tracking where your money is going, you’ll be able to see what kinds of things you are spending lots of money on that can probably be cut out.
- Make a meal plan each week, only buy what you need, buy seasonal produce,
look for coupons and sales, and buy store brands. Oh, and don’t go grocery shopping when you’re hungry! (Yes, I’m talking to myself here!) These are all small things you can do that might take a little extra time, but that can pay off each month. Meal planning, writing a grocery list based on the sales and seasonal items (and sticking to it!), and using coupons can definitely help save some in the grocery category!
- Look for ways to earn extra money by babysitting, mowing lawns, having a garage sale,
cleaning houses, etc. There are always things that you can do to make a little extra cash if you are willing to do the work. Pass out flyers in your neighborhood about lawn mowing services. Talk to friends and see if you can offer to babysit their kids when they need a night out. Clean out your house and have a garage sale. Start your own home cleaning service. You know, think outside of the box. 🙂
- Want to go all out? Have a “no spend month” where you ONLY buy what is ABSOLUTELY
necessary! This is something that I have yet to actually try, but I have heard good things from people who have! Search “no spend month” on Pinterest and you’ll get lots of advice! 😉
What tips do you have to save money each month? I’d love to hear your ideas, so leave a comment and let me know!