20 Interestingly Helpful Tips For Saving Money

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1. Make saving money easier with automatic transfers

Automatic transfers to your savings account can make saving money much easier. By moving money out of your checking account, you’ll be less likely to spend money you wanted to use for savings. There are many options for setting up transfers. You choose how often you want to transfer money and which accounts you want to use for the transfers.

2. Decide on your priorities

Different people have different priorities when it comes to saving money, so it makes sense to decide which savings goals are most important to you. Part of this process is deciding how long you can wait to save up for a goal and how much you want to put away each month to help you reach it. As you do this for all your goals, order them by priority and set money aside accordingly in your monthly budget.

3. Make a budget

Now that you have a good idea of what you spend in a month, you can build a budget to plan your spending, limit over-spending and make sure that you put money away in an emergency savings fund. Remember to include expenses that happen regularly, but not every month, like car maintenance check-ups.
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4. Record your expenses

The first step in saving money is to know how much you’re spending. For one month, keep a record of everything you spend. That means every coffee, every newspaper and every snack you purchase for the entire month. Once you have your data, organize these numbers by category—for example, gas, groceries, mortgage and so on—and get the total amount for each.

5. Clean out your closets

You can have a yard sale with it, sell it on eBay or Craigslist, take it to a consignment shop, or even donate it for the tax deduction (mark down what you give away so you can get a receipt). This really help get a load off of your mind and help your wallet.

6. Drink more water

Drink a big glass of water before each meal in order to stay fuller longer and ultimately eat less. Not only will you save on the food bill, but you’ll also feel better after you become properly hydrated.
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7. Drop the habit of smoking

We are not talking small amounts here – someone smoking a pack a day spends about $160 a week on cigarettes, which is nearly $8,500 each year. Not to mention it’s potentially deadly as well.
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8. Make a big batch of food

Preparing a few at once allows you to buy the ingredients in bulk, which can mean additional savings. Meanwhile, having lot’s of leftover food in the freezer makes it less likely that you’ll turn to fast food or junk food when you’re in a hurry.

9. Quit using credit cards

If you have a habit of getting into trouble with credit cards, hide your credit cards and keep them in a safe place in your home, not in your wallet. If you need to keep a card for emergencies, that’s okay. Just don’t carry it around with you.

10. Substitute coffee for expensive caffeine drinks

With $2 a day that you could save by buying a coffee rather than a cappuccino or latte would allow you, over the course of a year, to completely fund a $500 savings.

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11. Shop for food with a list and stick to it

People who do food shopping with a list, and buy little else, spend much less money than those who decide what to buy when they get to the food market. The annual savings could easily be hundreds of dollars.

12. Shop around for gas.

Comparing prices at different stations and using the lowest-octane can save you hundreds of dollars a year.

13. Check all airlines for cheap fares.

There hasn’t been any website’s that lists all discount carriers, check out the websites of discount carriers like Southwest and Jet Blue, possibly saving you hundreds of dollars.
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14. Stop paying for space you don’t need

Americans have relatively large houses and apartments. Think about more efficiently using space so you can purchase or rent less square footage.

15. Be smart when you’re shopping

When you go shopping, be savvier. Rack up the rewards by signing up for loyalty programs at your go-to stores, sign up for a warehouse club and buy in bulk, clip coupons when you can, and plan your shopping trips around sales and daily deals.
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16. Make saving a automatic thing

Self-discipline is a mind set place aside a portion of your paycheck every month for savings. So, make your savings contributions automatic. Banks often offer free services that will transfer a fixed amount of money from your checking to your savings account every month.

17. Take advantage of apps

There are apps out there to assist with budgeting, apps that will help you find the best local deals, and apps that let you sell your old junk to your neighbors. This year, find one or two apps that will help you save, and use them on a regular basis.
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Check these apps out they’ll help you actually save money

18. Host a potluck

The more friends you have, the more money you spend on lunch dates, birthday parties and gifts. Switch it up and, instead of meeting over a fancy dinner, host a potluck and have everyone bring his or her favorite dish.

19. Work more

The more you work the less you spend on unnecessary things it’s better to focus on what your making instead of spending it.
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20. Wait it out before you buy

Since we can have anything we want these days with just the click of a button we need to train ourselves to not purchase everything we want.

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