Epic List of Money Saving Tips I Love - AmintaDemadura.com (2024)

Epic List of Money Saving Tips I Love

Epic List of Money Saving Tips I Love - AmintaDemadura.com (1)

*This post may contain affiliate links. You can read my affiliate disclosure here.

Hey there! Welcome to my epic post of money saving tips that I love and use. I really hope that you find this list useful. We'll cover different sections from saving money on shopping to groceries to home maintenance to travel.

Feel free to pick and choose which money saving tips are right for you and yours! And if you get a moment, let me know any other great savings ideas you might have in the comments below.

Related Posts:

  • How to Save Money When You're Living Paycheck to Paycheck
  • 6 Personal Finance Tips and Hacks You Don't Want to Miss
  • 19 Huge Life and Money Management Lessons I've Learned


1. Save Money on Groceries


  1. ReadHow to Save Money on Groceries and Still Buy Healthy Food here.

  2. Imperfect Produce- Save money on fruits and veggies, and help reduce global food waste.

  1. Plan your meals in advance

  1. Pack your lunch for work or going out for the day

  1. Cook with an Instant Pot (it’ll save you plenty of time too)

  1. Don’t grocery shop when you are hungry!

  1. Buy a local CSA share

  1. Grow your own herbs and lettucein a container garden

  1. Become a better cook and eat at home more often

  1. Plant a garden

  1. Brew your own beer and wine(plus, it's fun!)


2. Grow Your Savings Account


  1. Save your spare change automatically with Acorns. (You'll get $5 free when you sign up.) You can read my full review of Acorns here.
  2. Rent your stuff out on Fat Llama, and consider renting from others as well (instead of buying)
  1. Use Personal Capital to track your spending, net worth, and investment accounts.
  1. Cancel your unused memberships and subscriptions
  1. Use Mint to create and track your budgets and monthly spending.
  1. Buy a Moka pot and make your own delicious coffee
  1. Start a blogging side hustle and invest the income
  1. Check your credit score for free and try to improve it.


3. Save on Retail Shopping


  1. UseEbates to get cash back on purchases you make from companies like Amazon and Macy’s.Read my personal review of Ebates here.
  2. Buy new clothes ahead of time in the off season. (Winter clothes in July, summer clothes in February)
  3. Check out your local Buy Nothing group to save money on, well, everything!
  4. Read my best tips for saving money on baby here!
  1. Shop consignment stores for staple pieces like leather jackets and quality dresses.
  2. The Honey app (free) is a browser extension that automatically tries discount codes at checkout
  1. Buy high quality shoes- you’ll spend less in the long run!
  1. Do a no spend month.
  1. Buy your Christmas decor after the holidays and save it for next year.(Same goes for the other holidays too!)


4. Save On Your Home


  1. Install a clothesline in your laundry room
  1. Make your own cleaning supplies
  1. Choose to live in a smaller home
  1. Get a roommate, or rent your spare room on Airbnb
  1. Compost as much of your waste as possible.
  1. Adopt your pets from the local shelter.


5. Travel on the Cheap


  1. Stay in an Airbnb instead of a hotel and save hundreds on your trip.
  1. Take Uber instead of taxis and save 50% or more.
  1. Get free flights for travel with travel rewards cards
  1. Rent out your home on Airbnb while you are traveling to recoup your costs
  1. Picnic in the park with a fresh baguette, fruit, and some good cheese instead of going to a restaurant.


6. Everyday Savings


  1. Go out for coffee instead of dinner with friends.
  1. Do your own gel nails at home.
  1. Picnic in the park instead of going to a restaurant.
  1. Stop smoking and reduce how much alcohol you buy.
  1. ReadYou Are A Badass At Making Moneyby JenSincero
  1. Drive a more affordable car.
  1. Shop garage and estate sales.
  1. Drive less, and find more ways to walk and bike more often.
  2. Read Your Money or Your Life by Vicki Robin & Joe Dominguez
  1. Use the library every month. (Many of them offer free museum passes and fun classes!)
  1. Unplug your appliances when not in use.
  1. Use Groupon for activities, meals out, and spa services.
  1. Check out my complete FI Roadmap below to get you on the path to financial freedom!

Epic List of Money Saving Tips I Love - AmintaDemadura.com (3)

How to Never Have to Work Again (Yes, Really)

TheFinancial Independence Road Map will show you how to use your business to drive simple investments and never have to work again.

Join the FIRE Hotlist and receive the road map as a perk of becoming a subscriber.

Related Posts
How to Survive Having a New Baby Without Paid Maternity LeaveHow to Payoff Your Debt in Record TimeCredit Card Rules Millennials Should Live By

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Epic List of Money Saving Tips I Love - AmintaDemadura.com (2024)

FAQs

How do I save all my money? ›

10 Best Ways to Save Money
  1. Eliminate Your Debt. If you're trying to save money through budgeting but still carrying a large debt burden, start with your debt. ...
  2. Set Savings Goals. ...
  3. Pay Yourself First. ...
  4. Stop Smoking. ...
  5. Take a Staycation. ...
  6. Spend to Save. ...
  7. Utility Savings. ...
  8. Pack Your Lunch.

What is the secret to saving money? ›

Set savings goals

One of the best ways to save money is to set a goal. Start by thinking about what you might want to save for—both in the short term (one to three years) and the long term (four or more years). Then estimate how much money you'll need and how long it might take you to save it.

How do you save money each week? ›

The plan is refreshingly easy, even for the math-challenged: set aside $3 in the first week and put it into a savings account. Then add another $3 each week after, so $6 is saved in week two, $9 in week three, and so on. By week 26, when the final deposit of $78 is made, the savings will total $1,053.

How to save money in today's economy? ›

How to Save Money
  1. Set a savings goal.
  2. Set up direct deposits to go into savings.
  3. Buy generic.
  4. Stay out of “that store.”
  5. Cancel some subscriptions and memberships.
  6. Join gas rewards programs.
  7. Meal plan.
  8. Use cash-back apps and coupons.
Jun 13, 2024

How to save $10,000 fast? ›

6 steps to save $10,000 in a year
  1. Evaluate income and expenses. To make room for saving, you'll need a meticulous budget that outlines all your sources of income and all your expenditures. ...
  2. Make an actionable savings plan. ...
  3. Cut unnecessary expenses. ...
  4. Increase your income. ...
  5. Avoid new debt. ...
  6. Invest wisely.
Apr 2, 2024

Which bank is safe to keep money? ›

The safest banks in the U.S.
BankThe Ascent's RatingFDIC Insured?
U.S. Bank4.50Yes
PNC Bank4.50Yes
Western Alliance Bank4.25Yes
SoFi®4.00Yes
6 more rows
Jul 19, 2024

What is the golden rule of saving money? ›

Ensure that you save a minimum of 10% of your income every month. It can be that simple! But don't put it in a piggy bank. Idle money in a piggy bank doesn't grow.

What can I avoid to save money? ›

Here are seven money-saving barriers — plus advice on how to knock each of them down.
  • Spending too much on housing. ...
  • No defined budget. ...
  • The “I'll save when I make more money” mindset. ...
  • Lack of a measurable savings goal. ...
  • Student loan payments. ...
  • Your comfort zone. ...
  • Overusing credit cards.

What is the only place you should keep your emergency fund money? ›

Bank or credit union account — If you have an account with a bank or credit union—generally considered one of the safest places to put your money—it might make sense to have a dedicated account where you can keep and maintain these funds.

What is the biggest challenge to saving money? ›

Instant gratification is the biggest challenge to saving money. The term refers to the desire to experience pleasure or fulfillment without delay. In other words, people want to spend their money now to feel good, rather than waiting and saving for a bigger reward in the future.

What is the 52 envelope challenge? ›

There are no complicated rules to remember. Week 1, you save $1.00. Week 2 you save $2.00, and it continues through the year, adding one more dollar to each week's savings goal. By Week 52, you'll set aside $52.00, which will bring the year's total savings to $1,378!

How to save money when you have none? ›

SHARE:
  1. Focus on small changes in various budget categories.
  2. Automate your savings into a high-yield savings account.
  3. Earn interest on your checking account.
  4. Use those three-payday months to save more.
  5. Keep a budget.
  6. Shop around for insurance rates.
  7. Refinance your mortgage.
  8. Find a way to save on rent.
Oct 19, 2023

How to live on very little money? ›

Tips to help you live below your means
  1. Create a plan for your money. The act of assigning a job for every dollar can be empowering. ...
  2. Automate your savings. ...
  3. Pay yourself. ...
  4. Live off one income if possible. ...
  5. Look for ways to lower your discretionary expenses. ...
  6. Reflect on your financial habits. ...
  7. Drive used. ...
  8. Pay less interest.
Jul 10, 2024

How to save money when you're bad at it? ›

Put away $20 every biweekly paycheck, and that's $520 you've set aside at the end of the year.
  1. Stop paying ATM fees. ...
  2. Open a high-yield savings account. ...
  3. Consider a category credit card. ...
  4. Consider a balance transfer. ...
  5. Cancel one of your credit cards. ...
  6. Set your thermostat one degree lower. ...
  7. Wash your clothes in cold water.
Nov 9, 2020

What is the 30 day rule? ›

The premise of the 30-day savings rule is straightforward: When faced with the temptation of an impulse purchase, wait 30 days before committing to the buy. During this time, take the opportunity to evaluate the necessity and impact of the purchase on your overall financial goals.

How can I save $5,000 in 100 days? ›

The 100-envelope challenge is pretty straightforward: You take 100 envelopes, number each of them and then save the corresponding dollar amount in each envelope. For instance, you put $1 in “Envelope 1,” $2 in “Envelope 2,” and so on. By the end of 100 days, you'll have saved $5,050.

Is saving $500 a month good? ›

The short answer to what happens if you invest $500 a month is that you'll almost certainly build wealth over time. In fact, if you keep investing that $500 every month for 40 years, you could become a millionaire.

How to save $1,000 dollars fast? ›

Financial expert Dave Ramsey has a lot of ideas on the subject, and here are some of the most practical ways to save your first $1,000 quickly.
  1. Cancel Subscriptions. ...
  2. Bring Your Own Lunch. ...
  3. Avoid Coffee Out. ...
  4. Re-Sell Old Items. ...
  5. Shop at Cheaper Grocery Stores With Rewards Programs. ...
  6. Buy Generic. ...
  7. Join a Carpool.
Dec 28, 2023

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