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It is a week and a bit till next payday and you need to save some money.
What do you do? You cash in all the gift cards and throw a party. NO!
You be smart with your money and look for ways to save.
In an effort to streamline money saving ideas. Let’s say you want to save $500 this month.
How would you go about doing it? How would you save money fast?
If it were me I would tackle 3 specific areas of spending.
Areas that I would notice immediate results.
Food would be on the top of my list.
You can always cut your grocery budget. In fact we are working on this exact thing in our household. Cutting down on the expensive homemade dishes and bring back cheap, yummy, home cooked meals.
Clipping coupons, using Ibotta, shopping sales and using what we have. These are all great ways to save money quickly.
Meal planning is a great way to save money and cut costs. Stop eating out and skip the drive thru. Make the cost effective choice to eat at home.
Learn what we quit buying to save us over $700 in a month.
Energy would be my next choice.
And this applies to all utilities and gasoline. What changes could you make to see immediate results?
Wash your clothes in cold water and hang them to dry.
Lock up the thermostat. Figure out a balanced cost effective temperature everyone is happy with.
Carpool, walk or bike to where you need to be.
Entertainment would be a great place to see money saving results.
If you are looking to save a large portion of money quickly over a short period of time cutting back on costly entertainment will help.
The average cost for two people for dinner and a movie is approximately $100 or more after drinks, dessert and popcorn.
You could save that $100 by planning a movie night in or opting for a cheaper alternative like bowling or a picnic by the lake.
If you had an expensive family activity planned could you save that money and opt for a scavenger hunt or paint night with a taco meal and ice cream bar?
Saving $500 is easier than you think.
Look at where you are spending your money. If you don’t know where you are spending your money print off this easy to use money worksheet.
Cut out the extras, hang out at home, cook from scratch and you will notice results.
Related Posts:
- Frugal Habits To Live By
- 50 Of The Best Frugal Living Tips
- Earn Money While You Shop
- 21 Things We Stopped Buying To Save Money
Have an amazing day,
Cynthia
Saving & Simplicity
