Let's be real...most of us could be better with money.
Every day, I try to be better with money. I'm not good at saving. I like treating myself, ya know??
I'm much better than I was, and have bounced back from some credit card debt. These are my best tips to saving money, so that all of us can be better with money together!
I tried to think of things that weren't obvious. For example, we all know eating out costs a lot of money. It's much cheaper to buy groceries (and typically better for you!!). Instead of spending $40 on a meal out, you can spend $40 on groceries for a few days.
SO, here are my best money saving tips that you probably haven't heard of!
1. Delete Amazon Prime Off Your Phone
Do it. I promise you'll feel better. Has anyone else been a victim of Amazon's trap? It's so cheap! It will be here in two days! When I'm bored, I look at what Amazon has to offer me. I don't need to type in my credit card number or even my password. It's AMAZING, but it adds up to a lot of money each month. I still have prime, and I log into my computer when I need to buy something. I sign out after. Adding those extra steps makes me less likely to buy something.
2. Pay With Cash
Next time you go out with friends or go to the grocery store, try only taking cash. That way, you won't be tempted to spend money that you weren't planning to spend. It helps to budget out your month and set aside some money for certain things. Set some money aside for groceries, dining out, shopping etc. Of course, I wouldn't recommend you bring $5 to a bar. It's always a good idea to have a little extra cash in case you need to get home. Or you know, make sure your Uber account is all set.
3. Make a List of Everything You Want to Buy in the Next Few Months
When I say everything, I mean everything. I'm talking gas, rent, groceries, toothpaste, toilet paper, clothes, drinks, etc. Every single thing you're going to spend money on in the next few months. Now prioritize that list. Whenever I have the impulse to purchase something I don't need (aka always clothes or maybe a nice bottle of wine), I look at the list. I have it saved on my phone. At the top of my list right now is "new car", which always reminds me that it's really not worth it to waste money on things I don't need.
4. Automatically Save Money Each Paycheck
This is an old trick, but I promise it works. I pay for health insurance through my work, and I realized that I wasn't really missing it in my paycheck. It was automatically being taken out so I didn't even think about it. A lot of times, you can set up your direct deposit to be deposited into two accounts. I highly recommend automatically putting a percentage of your paycheck into your savings account. If you don't already have your direct deposit set up like that, move money into your savings account as SOON as you get paid without even looking at the balance.
5. Have Different Banks for Your Checking and Savings Accounts
It's really easy to move money back into your checking account when you can do it from your phone. By using different banks, you won't be able to easily slide money back into your checking account. You would have to physically go to the bank and withdraw money then deposit it into your other account. Let's be real, who wants to do that??