Very Simple Ways to Save Money
I simply can’t stress the importance of saving money, especially with the current economic climate. But saving money can be tricky. You’ve got bills to pay, mouths to feed and the holidays are just around the corner. That doesn’t mean saving is impossible though, with just a few alterations in your routine, you can easily save hundreds of dollars in just a few months. All you need is a little ingenuity and self-control, and you’ll be on your way to saving money.
1. Start saving all of your change. This is a simple, mindless way to save a lot of money. Keep a large jar in your bedroom and every day when you get home, empty out your pockets, your wallet or your purse. All of your loose change should end up in the jar. Just make sure you aren’t tempted to dig into it. Save the money for as long as you can, once the jar is practically full, take it into the bank and you’ll be shocked at how much you’ve accumulated.
2. Stop buying morning coffee. If you add up all of the money you’ve spent on fancy coffee this past year, you will be shocked. For example, if you purchase a measly $2 cup of coffee 5 days a week, that adds up to $520 a year! And most people opt for the more expensive cups, so they’re wasting even more money. Instead, invest in a travel mug and brew your coffee from home. You can grind the beans yourself and even purchase a really nice coffeemaker and you’ll have the same thing at a cheaper price.
3. Stop making frivolous, irresponsible purchases. If you really want to save money, you can’t keep wasting it on non-essential purchases. No you don’t need that $400 winter coat and no you don’t need those new mustang seats. Stop with the nonsense and avoid all unnecessary buys. Yes you are allowed to have a little fun here and there, but give yourself a budget and stick to it. Everything else should stay in the bank.
Saving money really isn’t that hard. You just need to be practical and realistic. If you cut the fat from your budget, you’ll be surprised at how much you can save.
