No matter how much money we seem to have, we always want more. It’s not greedy, we just want to do more cool things with our life… or simply afford to live. Whatever your reason is for wanting more money, we have some really easy ways you can be saving more of it.
Some of these might seem so simple, but people have trouble sticking to them.
Here is our list:
People are spending upwards of $100 each month on cable. Throughout an entire year this comes out to $1200. That’s a lot of money that can be saved. On top of that, you could save more money by reducing the cost of electric when the television is on. Although the electric bill might only be about $10-20, throughout a year you could be saving an extra $120-240.
If you have a laptop, tablet, or smart phone, you can stream shows through your screen. This will require wifi or you heading to a public wifi spot, but you can ultimately avoid the cable bill.
Some alternatives to traditional cable might be
Netflix (around $10/ month)
Hulu (around $10/ month)
YouTube.tv (around $35/ month)
(Amazon Prime members can also watch shows and movies from Amazon – $100/ year)
Check out this article for getting rid of cable altogether.
If you really want to change your life, stop watching TV and shows altogether and you will save yourself a small fortune! On top of that, you won’t waste as much time sitting in front of the television or computer screen.
Yes, gas can cost a pretty penny depending on your commute and what you do. We all have to admit, having the convenience of a vehicle is great. However, using our convenience less can save us money. Let’s see how we can make this happen.
- Wherever you’re going often, consider traveling with friends or coworkers. If you work 20 days in a month, you burn a ton of gas getting there. Instead, wrangle up a few friends and cut that down to possibly 5 days a month, and see how much you save.
- This option is clearly a healthy alternative. Although we know you can’t walk everywhere, consider walking to all the places you can close by. Instead of driving to the local convenience store, walk there. Throughout the course of a year you will save money and live a little bit healthier!
- Biking can be to places nearby or to somewhere a bit further away. It’s extremely healthy and over the course of a few months would cost you less than driving. Buying a bike can range anywhere from $100- $2000 depending on what you’re getting it for. We recommend keeping it on the lower side if you’re just using it to commute back and forth somewhere. Investing in a bike can save you money over time.
- Public Transportation
- This option is nice because you can sit back and relax on your commute. For some, this option is cheaper than driving to work anyway. Check out your local bus or train schedule to find out how you can get to where you want to go without spending more on gas or tolls. Combine this option with a bit of walking, and you’re on your way to saving money while exercising.
3. Stick to your shopping list
It’s no secret the grocery store is filled with foods we want to eat, but know we shouldn’t. Or the mall has stores filled with items we want, but know we don’t need. Before heading off to shop around, wherever this might be, create a list. AND STICK TO IT.
You know what you NEED before you head out. Once you reach your shopping destination, you find out what you WANT. Don’t confuse the two.
Your needs are necessary while your wants take you away from saving money. Make the hard decision and stop buying on a whim. The $15 of extra purchases throughout the course of a shopping year can be detrimental to your bank account.
4. Avoid fast food
You might not only save your wallet here, but your health as well. We usually eat fast food because we don’t have time for a meal we prepared ourselves. Or we eat fast food because we are stressing or feeling down about something.
- Change how you react to stress
- Eating is one way to go about it, but how about listening to music, taking a walk, running, reading a book, or talking to somebody about it instead.
- Prepare your meals
- This doesn’t mean you have to meal prep every Sunday for the week. Instead, eat breakfast at home in the morning by buying food to make an easy breakfast. Eggs, fruit, and oatmeal are all cheap and really easy to make quickly.
- Pack a lunch. A sandwich, salad, protein bars, or canned tuna/chicken won’t take you more than 10 minutes to prepare. Those 5-10 minutes preparing a lunch each day will save you around $10 EACH DAY.
- Take time for dinner each night. Make a small event out of it. Dinner might take 30 minutes to an hour to cook up depending on what you’re having. Use that time to listen to talk to somebody there, listen to music, or catch up on your favorite show. It doesn’t have to be an awful experience if you don’t want it to be.
- Make a date of it
- It’s tough to say we’re giving up fast food completely. That’s alright. Instead of eating fast food based on how you feel, make a date for the day(s) you want to eat fast food. Don’t be afraid to treat-yo-self, but don’t make it a regular occurrence doing so.
These are the four most common ways we see people spending money where they could be saving it. If you can make a small adjustment to your day, over time you will be able to save a ton of money. Think about where you could spend that money! Possibly on a vacation to somewhere (like the best places in California).
Whatever it is you’re saving for, try these small adjustments and let us know how it goes!
Here is another article that might help your financially.
Until next time!