4 Steps To Make It Easy To Save Money
You are completely aware of the fact that you have to save money. You’ve heard it over and over, save money, save money, save money. There’s no doubt about it, if you ever want to buy a house, buy a new car, send your children to college or retire someday you will need money. You already know all of that. But knowing you have to save money to buy the things you want is not the problem. Thinking about it and actually knowing how to do it are two different actions. Talking about the concept of saving money can be easier than actually accomplishing it. If that sounds like you, start by following these 4 tips to save money with little effort on your part.
#1 – Cut Back Just A Bit
Some people believe that if they cannot make a big impact, it’s not worth it. If you follow that approach, why get out of bed in the morning. Little impacts can add up to big results. Stop putting so much pressure on yourself. You do not have to stop spending altogether to make an impact on your savings account. Just cut back your spending a little bit and invest that extra money. You will be surprised on how it all adds up.
If you are a coffee drinker, and who isn’t nowadays, change your drinking habits. If you buy your coffee at your favorite coffee-house on the way to work every morning, change it around. Make that purchase only three times a week instead of all five. Consider it a “treat” to buy coffee out instead of making it at home. Coffee on-the-go is a small example of how to cut back your spending. There are many, many other purchases that you make throughout the week that you can find ways to spend less on. You just need to take the time to evaluate what you spend money on.
#2 – Seek And You Will Find Extra Money
If you never seem to be able to find extra money to save, change some of your spending habits. Brown bag your lunch a few days a week instead of eating out every day. Make your coffee at home or even at the office (there’s that coffee habit again). When you eat out, skip the drinks and desserts; those items are the expensive items, they are the profit items for most restaurants. Yes, it will take some effort on your part, making lunches and your own coffee, but isn’t it worth that effort if you can find some extra money. Ahh, but that small change is just that, small, and it won’t add up to much. If you think that way, then you are doomed before you even start. The whole purpose of changing your spending habits, even if you only save small amounts of money, is to show yourself how to change your habits. You will know you have succeeded in changing your habits when you start looking at spending a whole different way.
#3 – It’s The Thought That Counts
If you are the one who always gives the biggest and grandest gifts, maybe you have missed the point of gift giving. You do not have to give extravagant, expensive gifts to make someone happy. The thought of remembering to give a gift and your well wishes sometimes mean more to your loved ones than overspending.
#4 – Become A Value Shopper
So what is a value shopper? A shopper that shops. Sales count. Coupons count.
If you pay the full price for any item, you are paying too much. Everything eventually goes on sale. Grocery stores have a sales rotation. For example, every 4th week maybe sugar or canned corn goes on sale. And maybe every 5th week chips and cheese. Watch the sales cycle and save money, buy when your items hit the cycle.
Coupons may seem old-fashioned but they will save you money as long as you stick with your normal purchases. In other words, if you must buy ten items for the coupon to apply but you will only use two, that coupon is not worth it. Toss that coupon, it will just end up costing you money instead of saving you money. Make smart purchases and if a coupon works, use it. You do not always need to new items; buying used can be okay. Remember your goal is to find money to save, not have new, shiny items.
Make It Work For You
Now was that hard? Are any of the above four tips so impossibly difficult that you cannot find ways to make them work for you? If you really want to put your money where your mouth is, start slow. Work on making one change at a time and get good at it before trying the next. That’s the easiest way to make changes. Everyone has a few sloppy money habits, find yours and slowly change them.