Everyone loves saving money! We’ve got some tips to help you make the most of your dollar. These are easy, straightforward tips that people of any income level can follow.
If you’re interested in living frugally, try to start with these frugal living tips! They’re easy, money-saving and fun!
Nothing will eat into your hard-earned money like late fees. You don’t want that. Make sure you have automatic payments set up, and make sure you have a bank account for bills. This second bank account should be just for bills, and all of your automatic payments will draw from it.
Your personal checking account should be used for your normal expenses, but your bill bank account is there to make sure you never slip up on paying your bills. If you’re the type who often pays late fees, this tip will save you a ton of hassle and money!
Odds are pretty good that you have Amazon Prime. If not, you really should, it’s incredibly useful. Mostly because you can save a ton of money by getting your dry groceries and over-the-counter medication through Amazon.
You’ll end up saving a ton of money on brands, and you’ll also save gas and time since you don’t have to go to the grocery store so much. This one might seem odd, but trust us, it’ll save you a lot over time.
This one is easier said that done, but it’s a good rule to live by. If you see a shiny new thing that you want, whether that be a cool new video game, a pair of shoes you want or even a new car, take a deep breath. Step back, open your budget. You’ve got a budget, right? If not, make one, they’re life-saving.
Okay, now, check your budget out. Can you afford to save for the shiny new thing you want? If so, start saving! Once you’ve saved up enough for it and had time to assure that you really want this item, go get it. If you find you can’t afford to save up for it, don’t throw the item on a credit card. You’re better off being content with the things you already have and not going into debt over impulse buys.
You should absolutely not have cable. It’s tremendously expensive and it still airs ads. It’s nearly impossible to justify the expense of cable, especially if you’re trying to live frugally. Any TV shows you want to watch can likely be found online, through streaming services like Netflix and Hulu. Even if they aren’t, their network’s site usually hosts the episodes.
On a related note, ditch your home landline if you still have one. There’s no reason to have a landline if you own a cellphone. It’s frivolous and you’re wasting money by paying for it. Once you’ve culled the home phone and cable bills, you might even find your internet bill is still too high. If that’s the case, check out the local competition for internet and see if you can find a better rate.