How to Save More Money
- By Lauren Dzuris
- Published 03/7/2010
- Finances
- Unrated
We would all love to start saving more money. Whether we put that money away into our retirement fund, our emergency fund, or if it’s just the money we save on groceries, we always want to save more.
When we save more money, we are spending less and can plan for the future and the unexpected so much better. Although, if you find it difficult to start saving even more money, you’re not alone. There are probably just as many people that live paycheck to paycheck as people that save their money each week or month.
If you’re really looking for a great time and opportunity to save more of your money, consider a few of these tips below. Stop spending more than you make, pay off your debt and start saving for the things that really matter!
1.) First of all, you want to figure out how much you make each month. Then, subtract that number from the amount of bills you have to pay monthly. How much is left over?
2.) Now you know how much you can spend/save. I would split that amount in half or save at least 10% of each paycheck. So, if you make $4,000 each month, you should be saving $400 every month after bills. Then, that remaining should be spent on leisure and such.
3.) Now that you know much you can spend on what you want each month, split that into 4 being 4 different weeks. So if you had $300 to spend on leisure, you’d get $75 a week to spend. This can be on Starbucks, on clothes, food at the mall, etc.
4.) Now that you have a disciplined and clear amount that you can spend each month you should feel guilty if you go over. Although, if you put that money into the ATM and just withdrawal $75 weekly you’d be much safer.
Other tips should be using coupons on everything you buy. If you can’t find coupons, what you’re buying should at least be on sale. Using grocery coupons, coupons at hardware stores, at clothing store and even on your meals at a restaurant should be something you do on a regular basis. Saving just $10 on each grocery shopping trip is already $40 a month!
Also, try and find cost-free activities to have fun. Whether you go and play basketball with the guys, watch a movie at home, or you skip going to the bar tonight you can save more money. Find other things to do that are fun, yet cost-free. Going to the park, playing your favorite sport, video games, going on the computer, reading a book, etc are all great ways to have fun for free!
Start saving your goal amount each and every month with these tips above. We feel so much better when we can save, reach our goals and we don’t have a huge credit card payment due at the end of the month. So, make your life a lot less stressful and consider these tips above to help you save more money.
When we save more money, we are spending less and can plan for the future and the unexpected so much better. Although, if you find it difficult to start saving even more money, you’re not alone. There are probably just as many people that live paycheck to paycheck as people that save their money each week or month.
If you’re really looking for a great time and opportunity to save more of your money, consider a few of these tips below. Stop spending more than you make, pay off your debt and start saving for the things that really matter!
1.) First of all, you want to figure out how much you make each month. Then, subtract that number from the amount of bills you have to pay monthly. How much is left over?
2.) Now you know how much you can spend/save. I would split that amount in half or save at least 10% of each paycheck. So, if you make $4,000 each month, you should be saving $400 every month after bills. Then, that remaining should be spent on leisure and such.
3.) Now that you know much you can spend on what you want each month, split that into 4 being 4 different weeks. So if you had $300 to spend on leisure, you’d get $75 a week to spend. This can be on Starbucks, on clothes, food at the mall, etc.
4.) Now that you have a disciplined and clear amount that you can spend each month you should feel guilty if you go over. Although, if you put that money into the ATM and just withdrawal $75 weekly you’d be much safer.
Other tips should be using coupons on everything you buy. If you can’t find coupons, what you’re buying should at least be on sale. Using grocery coupons, coupons at hardware stores, at clothing store and even on your meals at a restaurant should be something you do on a regular basis. Saving just $10 on each grocery shopping trip is already $40 a month!
Also, try and find cost-free activities to have fun. Whether you go and play basketball with the guys, watch a movie at home, or you skip going to the bar tonight you can save more money. Find other things to do that are fun, yet cost-free. Going to the park, playing your favorite sport, video games, going on the computer, reading a book, etc are all great ways to have fun for free!
Start saving your goal amount each and every month with these tips above. We feel so much better when we can save, reach our goals and we don’t have a huge credit card payment due at the end of the month. So, make your life a lot less stressful and consider these tips above to help you save more money.
Lauren Dzuris
Find the best Money Saving Tips as well as more of my work at FindSecuredCards.com.
View all articles by Lauren Dzuris