Your amazing online presence is right this way.

Create your profile
Capture who you are, what you do, and where you're going. All in one place.


#LevoList: The 6 Best Money-Saving Tips

Viewing on Levo:

Only you can see this list

Last week we asked you to share your tips for saving money and we found out that the Levo community has quite a few money-saving prodigies. Thanks to all who left comments and shared their thrifty secrets with us. I plan to use them all and become extremely wealthy in the near future.

Below, “The 6 Best Money-Saving Tips” from the Levo Community. Happy saving!

  1. Celebrate a Zero Spending Day every week by spending zero dollars and zero cents. It’s liberating, we promise. (Tip submitted by Alyssa Duprey)
  2. Get a jar and make small weekly deposits into it corresponding to that week of the year—$1 for the first week of January, $2 for the second week, and so on. Good news: after 52 weeks, you’re going to have a jar with $1,378 in it. (Tip submitted by Melissa Slack)
  3. When you get a raise, calculate the amount increase per paycheck and have that amount directly deposited to your savings account from now on. Out of sight, out of mind. (Tip submitted by Mary Reed)
  4. You know when you go to Amazon for an item you need and, cut to 20 minutes later, you have a 8 items in your shopping cart (because you didn’t realize you needed essentials like the Original Zoodle Slicer, but you absolutely do)? When you find yourself in an e-commerce downward spiral, empty your shopping cart and deposit that money you were about to spend on unnecessary items into you savings account. (Tip submitted by Carrie Cousins)
  5. Save all of your $5 bills in a jar. If you buy a coffee and get a $5 bill and two $1 bills back, save the $5. Make a habit of this. Pretend like $5 bills don’t even exist anymore outside of a glass jar. (Tip submitted by Bernadette Sheridan, who saved over $1,400 in a year doing this!)
  6. Before settling in for another confusing episode of “True Detective,” take time to prepare a big batch of food for the week on Sunday night. Need recipe ideas? We got ’em. Not convinced bringing lunch to work will save you money? It does…well, if you plan properly. (Tip submitted by Amanda Roberts)

You Might Also Enjoy:

#LevoList: 5 Instagram Accounts to Give You Your Daily Dose of Inspiration

Does Bringing Lunch to Work *Really* Save You Money?

7 Ways to Save Money During Wedding Season

Photo: geralt / Pixabay


#How To #Money Saving Tips #Saving Money Lifestyle
Viewing on Levo:

Only you can see this list

Join the conversation:

Keeping my savings account out of sight and out of mind! For years, I kept my checking and savings accounts at the same bank, which seemed smart because if I ever got low on cash, I could transfer 25 or 50 bucks to cover my expenses until my next paycheck. Recently I decided to take advantage of the awesome interest rates that can be had at online-only banks, and opened an account with Barclays (1% APR! nice.). However, Barclays doesn't have checking accounts available in the US, so there's no option of an instant cash transfer (you can transfer money to outside accounts, but it takes a few days). As a result, I'm planning my spending more carefully and I'm no longer depleting my savings!

Another thing I did that I'm especially proud of: when I got a raise last April, I calculated the actual increase on my paycheck and set up my direct deposit to send the entire amount of the raise to my savings account. This way, I've never seen an increase on my paycheck, so I've never been tempted to spend it!

I just realized that my coffee spending habits cost me about $60/month, too...

I always immediately transfer most of the money from my paychecks into my savings account. I make sure I have enough in my checking account to pay bills, but I also make sure I have just a little spending money, too. This way, I won't feel the need to go into my savings when/if I feel the urge to occasionally treat my self!

Since starting my first "real" job a year and half ago, I immediately set up my direct deposit with 30% going straight into my savings so I am not tempted to spend carelessly.

Also, my coworker and I would eat out for lunch (and sometimes breakfast) multiple days a week, spending anywhere from $120-$160 a month! Now we encourage each other to bring in our own lunches but still move the money we would've spent into our savings! It quickly adds up.

Carrie Cousins
Carrie Cousins

When I find myself online shopping but don't actually need anything, I add items to my cart, get the total and then transfer those funds to my savings account and leave the items behind.

I love to cook big batches of things on Sunday so that I can bring my lunch to work during the week. Then maybe one day a week I will go out for lunch, and it is so much more special and enjoyable this way!

That is a fantastic idea!

Great idea with the raise!

Put every cost of living pay raise (those 1-4% raises) directly into your 401K. You lived this past year just fine on your current salary, and that extra money in your 401K, when you're young, will mean A LOT when you're older.

A few years ago, Real Simple suggested I save all my $5 bills... so if I buy a coffee and get a $5 and two $1's, the $5 bill goes into a jar. (If I do need to spend a 5, I then pay myself a "penalty" and put $10 in the jar for each $5 I spend.) By the end of the first year, I had saved over $1400! It's a little harder now that I don't use cash as much, but it's still fun and gives me a nice little bonus spending money.

oh wow! This is such an awesome idea! I hardly use cash too, but I love the concept.

I have to try this!

Yess! def something I'll do when I get a raise. great idea!

Yessss I love hearing everyone's money saving tips! I'm in Santiago, Chile, where I do freelance translation and language classes. I love being freelance, but as I spend my day traveling around the city (on buses/the metro). I do have to shell out money occasionally to purchase something in a cafe so I can go use the internet during a break between my classes (the other option is free wifi in one of the giant malls I pass by, but LORT the temptation is real). In the end, I spend a little more each day than I would like to on being stuck around the city without an office/home base, but I make more money as a freelancer, so I suppose I can't complain. The easiest way for me to make sure I don't blow me money is to look at my budget and decide how many students/clients I'll be working with this month. Then I add that money up and divide it into necessary categories (rent, savings, groceries, etc.), and I designate certain payments for certain things. As soon as students A,B,C,and D make their payments, I transfer them to my savings account. Translations #1 and 2 are reserved for rent, and so on. I always feel a tiiiiiny bit poor because there's never much money in my checking account, but I always have the cash I need on me everyday, and all my other expenses are accounted for as soon as my payments start coming in. It's tough to manage your budget when you have payments coming every week from all over-- I'd love to hear how other people handle this!

I love the idea of saving your raise, super smart!


This is a cool idea, I have to try this!

When I shop I always check apps like RetailMeNot for discounts and coupons. I'm also very big on loyalty cards and take advantage of promotions if they coincide with what I already planned to purchase.


I try to keep track of everything I spend in the notes section of my phone. That way I always know how much money is in my account and I have a better idea of what I can or can't spend

I unsubscribed from all retail emails and deleted retail apps on my phone. I found that getting emails about sales only tempted me to purchase things I didn't need.

I go on "No Spending Sprees" every few months. I'll budget enough money to cover my loans, car expenses, bills, and food. Everything else I just HAVE to say no to during that time. The cost breakdown is super easy, but I have friends that keep me accountable for my purchases.

I equate all purchases to time worked. If you get paid $25 dollars an hour. Taking retirement goals into account, if you don't have any money generating assets. Things look different when a $500 pair of jeans represents 20 hours of your working life.


Avoid Target!!! Budget for everything and work on the can save a lot of money by working a few extra hours a week. Just make sure to leave a little fun time for yourself :)

My goal during the work-week is having a zero-spending day. I spend on gas and groceries on the weekend and make them last throughout the week. If I mess up once or twice, I write down the exact number and note it in my budget spreadsheet.

Each week I put the amount of money corresponding to that week of the year in a jar. So the first week of January I put in $1. The second week I put in $2, and so on. After 52 weeks, that's $1,378. Those small amounts each week don't seem like a big deal, but it really adds up without much extra thought. You could even start week 1 at any time during the year to work around any tight budget times you know you'll have. For instance, if you start week 1 the first week of July, you'll only have to save amounts in the $20-range around the holidays.

Make Levo Yours

Levo is the best place to contribute your inspirational thought leadership. Begin elevating the purposeful careers of our community by sharing your insights, data, and stories today.