You don’t have to undertake a lengthy and tiresome journey to save money. There are plenty of simple yet effective ways that can help you effortlessly add more funds to your bank account! Here are several ideas that may help you; if you’re already following some, great job! But it never hurts to be reminded of the paths we can take for success.
Automatizing your bank account so that a portion of each paycheck is transferred into savings makes saving effortless. This forces you to live within the boundaries of what’s available, while still setting aside money for future use.
[Related: 11 Millennial Savings Account Confessions]
2. Discard your credit cards and break the habit of spending money you don’t have.
Swiping credit cards can cause you to spend more than your budget allows. If you’re not being mindful of how much money is going out, consider living a life without relying on credit cards. You may miss out on some rewards or cash back, but if the debt that’s accumulating from overspending isn’t worth it then leaving them behind might be in your best interest.
3. Seek knowledge.
Wouldn’t it be amazing to have a billion-dollar empire like Warren Buffett? Well, you don’t necessarily need to become the Oracle of Omaha for reading personal finance or self-improvement books to benefit your life. With increased knowledge concerning money and its relationship with yourself, saving will naturally come second nature! This makes it easier than ever before to hoard those coins in no time.
[Related: 25 Books That Will Blow Your Mind]
4. Go to the library.
Your local library doesn’t have to be a place you merely pass by. You can use it as an invaluable resource for expanding your reading! It’s free and has so much to offer- from books, DVDs, internet access, and more – allowing you to reach new heights without spending any extra cash on physical copies of these items. So don’t hesitate – to speak with the librarian today about all the resources available!
5. Craft your cup of coffee!
Instead of wasting time and money by frequenting a coffee shop, invest in an easy-to-use home brewing device such as a coffee machine or French press. Alternatively, if you don’t mind the taste, instant coffees are also available for your convenience – making it easier to get that perfect cup of joe before work!
6. Integrate exercise into your daily routine.
Research has demonstrated that acquiring one sound habit can result in positive outcomes for all aspects of your life. Should you incorporate exercise into your day-to-day, chances are even your finances could feel the ramifications!
7. Surround yourself with thrifty pals.
Friends can be a powerful force in our lives, so it is essential to select who we spend the most time with wisely. This doesn’t suggest that you need to stay away from your free-spending friends altogether; however, when you can’t afford something, be truthful and don’t try to keep up with people around you just because they are doing it.
8. Start a profitable hobby and watch your earnings skyrocket!
Although the idea of making extra money may appear labor-intensive, think again. If you have a hobby that you delight in and are passionate about, look for ways to monetize it! You can make handmade detergent bars to sell on Etsy or become a freelance writer for magazines -the possibilities are nearly endless! With this additional income stream, not only will your hobbies bring joy but also financial gain.
9. Make sure you get a restful night’s sleep.
A good night’s sleep has a direct influence on your ability to resist temptations. Don’t let yourself be tempted into buying something you don’t need, as it can quickly erode what savings you have left!
[Related: 5 Hidden Benefits of Sleep]
10. Upgrade to a Brita filter today for an improved water-drinking experience!
Be kind to the planet, and your wallet too! Invest in a Brita filter pitcher ($41) instead of buying bottled water.
11. Use vinegar to clean.
Do away with costly and potentially harmful cleaning products, and instead, make use of the powerful cleaning agent already in your kitchen — vinegar! Cleaning with pantry items is not only more budget-friendly but a safer alternative for your home.
12. Replace your light bulbs.
By switching to energy-efficient light bulbs, you can save up to $50 a year. And it’s as simple as screwing them in! Check out our review of the best soft-glow power-conserving bulb and start saving today.
13. Enjoy these exciting and zero-cost activities!
The link between entertainment and cost should never be so closely associated. There are plenty of ways to have a good time either at home or outside that don’t require you to break the bank! Whether it’s going on a hike, flying a kite, or revisiting an old favorite novel – make sure fun is connected with activities that won’t leave your wallet empty.
14. Make the switch to an economical, cable-free lifestyle!
With the trend of cord-cutting on the rise, now is a great time to ditch your cable service and make use of our comprehensive guide. It’s an ideal alternative if you’re not passionate about TV. Take control over your viewing habits by saying goodbye to expensive monthly payments and embracing freedom by cutting the cord today!
15. Transform your credit score for the better!
Not only can boosting your credit score save you money, but it may also open up a universe of potential. You’ll be offered advantageous interest rates on mortgages and credit cards as well as drastically reduced premiums for insurance policies. Furthermore, some organizations might even offer incredible discounts or waive substantial deposits due to your outstanding record!
[Related: The Secret To Escaping Your Job Search Rut]
16. Invest in the well-being of your possessions by treating them with care.
All too often, our savings are depleted by the need to purchase replacements for items that have worn out. But with a few simple tips and practices, you can maximize your belongings’ lifespan and protect your wallet from unnecessary expenses. Here’s how to make groceries last longer in addition to preserving clothing – both of which can help safeguard your hard-earned money!
17. Utilize reward credit cards to receive a multitude of benefits and rewards!
If you’re serious about saving money, reward credit cards are the way to go. Firstly, consider what your main expenses are and search for the optimal cards that offer rewards in those areas. For example, if you often use your card when traveling – check out our repository of top travel reward credit cards!
18. Get WhatsApp and Viber now to start connecting with your friends from anywhere in the world!
Staying connected with your friends and family is now easier than ever, thanks to these fantastic apps that allow you to text and call for free! No more worrying about hefty long-distance bills when traveling abroad; take advantage of this incredible perk so you can keep in touch with the people who matter most.
19. Incorporate a crockpot into your kitchen, and unlock the potential of effortless home cooking!
If you’re looking for a simple way to save time and money, investing in a crockpot is the solution. Preparing meals doesn’t have to be tedious or expensive – all you need do is toss your ingredients into the pot and let it work its culinary magic! Take advantage of our wide selection of easy-to-make slow cooker recipes today.
20. Don’t wait – take action now!
Procrastination is an expensive habit, costing you late fees, penalties for missed appointments, and more. Don’t let it keep taking away your hard-earned money – stop procrastinating with these helpful tips!
21. Ensure accuracy by diligently double-checking.
Carelessness can cost you. For instance, erroneous expenses on receipts or forgetting your phone in a taxi are common occurrences that may arise due to not being mindful of one’s possessions. Therefore, it is always wise to double-check the information for accuracy and to make sure nothing has been left behind!
22. Get the convenience of a prepaid phone and start taking advantage of it today!
Are you looking for ways to save money on your monthly phone bill? Look no further than prepaid plans, which are far cheaper than signing up for a contract. Discover how one woman saves over $300 annually by opting out of traditional contracts and taking advantage of prepaid options!
23. Explore having fake flowers.
If you desire to spruce up your living space, why not invest in florals that won’t wilt away? Fake flowers are no longer what they used to be—you can now get ones made with materials like paper or coffee filters and look just as real. This way, instead of continuously buying fresh flowers, you have a more cost-effective solution that’ll add the perfect touch of elegance!
24. Take advantage of the opportunity to visit friends and family while on your journey.
Spending time with friends and family is always a pleasure, so maximize the experience by crashing with them on your trips! Even better, they’ll be able to provide priceless insight into their hometown when you explore together. You’ll be able to create memories that will last forever while saving money in the process–it’s a win-win situation!
[Related: 10 Mistakes (Solo) Female Travelers Make]
25. Call up your closest pals and get ready to trade closets!
Instead of leaving those beloved items in your closet to collect dust or donating them, why not gift them to a close friend? Your bestie would love the chance to express her style with clothes and accessories you already own. And after swapping some pieces, how about hosting a clothing swap party for all of your friends so they can do the same? A great way to freshen up everyone’s wardrobe without breaking the bank!
26. Take advantage of remarkable discounts when shopping at outlet and factory stores!
Adopt the same perspective as my friend: never purchase something at full cost! Expecting sales is a surefire method to get more bang for your buck. And don’t forget that national holidays, outlet stores, and factory shops are great places to snag discounted items.
27. Install a water-flow regulator to your shower today for maximum efficiency and comfort.
Maximize cost and environmental savings by fitting a water-flow regulator to your showerhead. These devices are readily available for purchase from $10 – $20, and can reduce your water bills by up to an amazing 60 percent!
28. Keep your temperature in check.
Moderation is key in all aspects of life, and that extends to temperature as well. Curb your energy costs by investing in a thermostat that can help you keep tabs on the heat. If you’re willing to take it one step further, consider purchasing a smart thermostat—check out our Nest review for more details. With its high initial cost, this could be an excellent long-term investment!
29. Request a salary increase.
It’s time to step up and request the raise you deserve. Although it may be intimidating, this is an opportunity that will benefit you in numerous ways. Not only will there be more money in your bank account, but additionally you’ll acquire self-assurance as well as valuable negotiating abilities. Your adult pants are calling – answer now for a brighter future!
30. Make the most of your tax return, birthday gifts, or bonuses by depositing them directly into your savings account.
Put your windfall straight into the bank and watch it grow! You won’t feel the pinch, but you’ll certainly see those savings rise.
31. Terminate any subscriptions you no longer require.
You can reclaim your finances from those subscriptions you haven’t canceled due to a lack of motivation. All it takes is a quick phone call or online request and you’ll be free of them for good!
32. Transform your look and get pampered at a beauty school!
If you’re looking for a way to save on your haircuts, try visiting your local beauty school. You can potentially receive free or deeply discounted cuts as students practice their new snipping skills! Before heading out the door, be sure to do some research online and locate the best-rated beauty schools in town so that you get exactly what you desire with any cut.
33. Unsubscribe from daily offers for the best experience.
Break away from your daily deal addiction and invest in the offers that you truly need. Not only are these regular prompts cluttering up your inbox, but they could also be tempting you to buy items that you don’t require. Unsubscribe from their mailing lists, and shop for daily discounts when it is necessary to do so. Utilize Yipit, a site that brings together all existing everyday deals out there – allowing you to find the ones most appropriate for what you’re looking for!
34. Cook in large quantities to maximize your time and effort.
If you’re not a fan of cooking each day, try making large batches at once and storing the leftovers in the freezer or packing them for lunch. This way, you can enjoy your freshly cooked meals without having to go through all that effort every single time!
35. Utilize the help of friends to look after your furry pals or watch over your home while you’re away.
Pet and house sitting can be very costly, so why not ask a friend to do it for you instead? Often people cherish the companionship of an animal or being somewhere more comfortable than their own home. Therefore, friends may be more than willing to help out by taking care of your pet or residence when needed!
36. Exchange childcare services with one another.
Exchange babysitting opportunities with other moms and dads. You’ll receive a free night off, yet still be in the reliable hands of a parent you can trust – it’s an absolute win-win for everyone involved!
37. Make the most of your happy hour and indulge in a refreshing beverage!
Make it a habit to take advantage of happy hour prices and restrict your alcohol consumption during those times. You don’t have to eliminate alcoholic beverages from your diet, you can still enjoy them while saving money!
38. Make the most of your money by steadily increasing your 401k contribution each year!
Make your retirement savings automatic by upping your 401k contributions, so you don’t even have to think about it. You may need to ask for an increase in deductions but many plans already do this for you automatically.
This article was originally published on POPSUGAR.