Saving money doesn’t have to be hard! Anyone can save money and here are a collection of tips designed to help you save money like a boss!
Whether you are trying to save money by reducing your expenses or you are saving for something big, becoming a saver is completely possible.
I was frustrated. I’d been working so hard, trying to save money wherever possible, so there would be enough money to pay cash for my husband’s education.
And I wanted to build up my 3 month emergency fund, save for a new vehicle, and be able to save money for a down payment on a house.
Yet, my bank accounts still didn’t have much money in savings.
What was I doing wrong??
Something needed to change.
I am a saver.
An idea came to me. What if I tracked every dollar I was able to save each month, so I could see just how much I was putting into savings.
You know what?
This simple exercise completely changed how I approached savings! Saving money became a game and all the sudden I started noticing more ways I could add to my savings.
Saving Money on Household Expenses
At first, I didn’t think that I could cut my household expenses and save money on those regular bills.
But, I was wrong.
You can find savings by negotiating a discount, switching to a new provider, or even something as drastic as turning up the temperature on the AC when you aren’t home.
- 11 Underused Ways to Reduce Monthly Expense
- 5 Ways to Cut Your Electric Bill (without spending a dime)
- I Saved $953 By Making 2 Phone Calls
- How to Save Over $2,500
- A Great Way to Control Your Spending: Use Cash!
- See 6 Ways How to Save Money on Eyeglasses
- How You Can Save Money Throughout The School Year
- Where is the Duct Tape? My Car is Falling Apart!
- Get Rid Of Over Spending At The Grocery Stores Once and For All!
- How I saved $205 on car insurance with 2 emails
Saving Money on Groceries
Great Savings Experiment
Remember, how I started tracking every dollar saved.
If I didn’t spend as much as I had budgeted for the month – I put the money into savings. If I had worked more and had more income, above my regular bills – I put money into savings. If I negotiated a monthly expense to be a lower rate – I put the difference into savings. If I got a refund or found some random money – this got added to my savings.
I did this for an entire year!
Boy was I surprised at how much I was able to save.
Want to guess???
I saved $19,248.60!!! In one year!
I documented my great savings experiment each month as you will find below (the beginning of my journey starts at the the bottom).
- January 2016 Savings Report
- 5 Lessons I Learned from Tracking Every Dollar Saved for a year! December 2016 Savings Report
- November Savings Report
- October Savings Report
- September Savings Report
- August Savings Report
- July Savings Report
- June Savings Report
- May Savings Report
- April Savings Report
- March Savings Report
- Money Saved in February
You CAN budget successfully, even when money is tight! A budget is going to be the best tool to help you live well on a tight income so you can reach your money dreams.
TIP: Do you like the idea of earning cash back when you shop for groceries, eat at restaurants or shop online? With Ibotta, you can do just that! Ibotta is an online app that gives you cash rewards when you shop online or scan your grocery receipts. It’s a simple way to earn extra cash! Get a $10 bonus when you sign up with Ibotta!