10 Ways to Save Money Every Month
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- Save Your Coins – Place your change in a jar. At the end of the month count it up and then deposit it into your account.
- Couponing – You know that I love to coupon. I even own a couponing site to help others learn to coupon. I’ve gotten many items for free or almost free from couponing. Two summers ago I got 35 cases of bottled water for FREE. If you want to start couponing or are already a couponer and what some tips, head on over here.You can maximize your savings if you stack your coupons with items when they’re on sale.
- Save Your Overtime – Overtime is income that you shouldn’t expect. It can go away at any time. Place any money that you make in overtime pay into your savings account. You won’t miss that income because it’s income that you weren’t expecting.
- Round Up Your Checkbook – My mom taught me this. Instead of writing that you spent $13.67 at the grocery store, round it up to $14, $15 or even $20. Round up to a number that you feel comfortable with. Rounding $13.67 to $20 might be a little extreme, but if you’re able to go for it.
My mom does this method and last year when my stepdad lost his job they were able to use the money that she saved over the years from rounding up. They were able to use that saved income for almost 6 months until he found a new job.
- Pack Your Lunch – By packing you’re lunch everyday you’re able to control your spending and what your options are. Instead of spending $7, $8 or $10 everyday on your lunch, pack it.Having your kids pack lunch everyday can help you save money too.I don’t know the prices of your kids’ school lunch, but at my girls’ schools they range from $2.25 to $3.00. I have 3 kids in 3 different schools so even if lunches are $2.50 all around, that’s $7.50 a day for their lunches. That comes out to $37.50 per week for their lunches. I can pack their lunches for a lot cheaper than that and the best part is I am able to choose what they eat. My girls’ don’t eat half of what the school serves each day so this way they have a choice in my they can pack.
- Quit Your Bad Habits – Whether its coffee every day during your morning commute , getting your nails done twice a month or evening smoking, it’s time to ditch the habit. How much you spend each time you “feed” your habit? Now multiply that by 30. How much are you spending a month? Think of how much you could save!I understand that some habits are tougher to quit than others, but try.
My husband smoked cigarettes for over 25 years and one day last year he decided to just up and quit. Best decision for his health. He has this app on his phone that tells him how much he’s saved since quitting. We’re up to a savings of over $2800 just from him quitting his habit.
- Thrift Stores – Thrift Stores are actually trending in my area. They have amazing deals especially on clothing. You can pick up brand new jeans for $5. No one will ever know that the outfit you are wearing is from a thrift store…unless you tell them.
- Avoid the ATM – By avoiding the ATM you’ll be saving on service fees from your bank and the also the bank that owns the ATM.
- Make a Grocery List – If you make a grocery list, you’re more likely to not buy a lot of extras that are not on your list. Especially if you plan on couponing, list will become your best friend.
- Cut Back on Your Bills – Cable and Satellite television services can be very expensive. We had DirectTv for about two years and canceled as soon as the fee to cancel was less than what our monthly cost was. It seems like these companies offer you semi-reasonable prices upfront. However, they usually raise their rates later, such as doubling the price the second year. Some networks showcase full show episodes of their shows on their website. Here’s some alternatives for you to consider:
- Netflix: Netflix is a very popular product and allows you to watch whatever you want whenever you choose. From movies to television, the options are absolutely insane. Many people prefer this method because you have no commercials, no wait time between episodes and the freedom to start and stop however you please. The streaming option is so cheap that you might never look at cable again. They offer a free month-long trial period and then it starts at $7.99 per month.
- Hulu: Hulu+ is for those who want to watch episodes of their favorite shows as early as the day after. Hulu+ expands what is available for free on Hulu. They have a free version or the basic plan is 7.99 a month.
- Amazon Prime: Amazon Prime has a growing selection of movies and television shows. It has less overall than Netflix, but it probably has more movies than Hulu+. It is cheaper per month, however, not all content is free — you may have to pay additional fees for certain shows or movies.Benefits of Amazon Prime:–$99.99 for one year. I must be paid up front, but it breaks down to $11.88 a month
–FREE 2 day shipping on Amazon
–Unlimited streaming of movies and TV shows with Prime Video
–Free unlimited photo storage
–Lots of other benefits too. See the list here
- Use a Streaming Device: We use our BluRay Player and xBox 360 to stream programming through internet-based apps. Any “Smart TV” will allow you to stream directly to your television without needing a separate device. You’ll be able to download and use all of the streaming apps directly onto your television. Here’s some other streaming devices to consider:
What ways do you and your family help save money every month?
-Learn how I cut my cell phone bill down to just $6.57 a month here