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Easy Money Saving Strategies

Easy Money Saving Strategies

Saving money can be very difficult.  Especially if you are in debt or are you are living paycheck to paycheck.  You think to yourself how can I save anything when I am having a hard time making ends meet.  Even if you are in these situations, you can save money. You need to follow a budget and be determined to make changes in your life.

Here are 5 easy money saving strategies you that you can implement today to get your feet wet. And with persistence, you will continue to make small changes that will add up to being financially stable.

Shop for clothing at thrift stores and consignment shops. There are plenty of gently worn clothing, even designer brands, at a fraction of the cost of buying brand new.  This is especially helpful if you have small children.  They grow out of their clothing so quickly that you don’t even get your money’s worth when you by them new.  There are also consignment shops online such as Swap and  Thread Up that sells higher end clothing in great condition for so much less. (If you sign up for Thread up through my link you will get an automatic $10 credit)

Take your lunch to work instead of buying it out every day. Make extra for dinner and take left overs to work for lunch.  You can even freeze individual portions of your favorite meals. This way you are not eating the same thing two days in a row but you will still have the convenience of packing a quick and cheap meal.

Learn how to DIY. There are tons of products that you can make yourself at home that are so much cheaper and better for you and the environment. Do a simply google search and you will get thousands of results on how to make all kind of products.  You could literally save thousands a year by spending a bit of your time DIYing.

I wrote a few posts on DIY that could get you started.

DIY Laundry Detergent

DIY Natural Dryer Sheets

DIY All Purpose Cleaner

DIY Foaming Hand Soap

 

Skip the high priced fancy coffee and bring your own to work. This can be really hard for those dye hard coffee addicts, but it could also save you $50 to $100 or even more a week depending on how many coffee runs you make in a day.  Figure out how much you can save in one year and you might just fall on your back in shock.  If your excuse is that regular coffee just doesn’t taste as good then let me tell you there are plenty of flavored coffees, creamers and other products out there. Try to recreate your favorites with these so much less expensive alternatives.

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Have meat free dinners a few times a week. Meat is one of the biggest grocery expense for most families. I recently went on a regular weekly grocery trip and purchase four meat items, which is not that much.  After looking at my receipt I realize that those few items totaled over 25% of my entire grocery bill. Again, do a google search of Meet Free recipes, pick a few new recipes to try out every week.  You family won’t even notice that you are saving money.

I wrote a post on How to Save Hundreds on Groceries that can also help keep some money in your wallet.

These are just a few simple changes you can make to get started. Once you have these small changes down pat, try implementing other changes.  Before you know it you will see your savings start grow faster that you thought was possible.

Easy Money Saving Strategies

Easy Money Saving Strategies

Share your thought on other simple way to start saving today.

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20 Ways to Improve Your Finances in Under 20 Minutes

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