Finances can be one of the most stressful things in life, especially for those of you who are in your earlier stages of life. If you find yourself in the middle of a money rut, there are so many resources that can help you out. Below, are some of the lessons that I’ve learned along the way and tricks that everyone can benefit from when it comes to saving money.

DOWNLOAD A BUDGETING APP

There are PLENTY of apps out there that are meant to help you manage your finances, these apps will also help you by setting a budget for your expenses and take a deep dive into which categories your money goes into the most. You’re getting a reality check and a useful money tool at once, and if we’re being honest, those are two things that we can all gain from.

GO THRIFTING

As much as we all want to buy nice new things, it’s not always worth spending so much money. You can easily find items that are just as stylish at your local thrift store, along with some gems you never even knew you’d like to purchase. Paying full price for things can really set you backward, so if you’re not into the idea of thrifting, then try and wait for a big sale to buy your wants.

OPEN A SAVINGS ACCOUNT

If you don’t have a savings account already, it’s time to go ahead an open one. This is key if you’re looking to save money, especially long term. Even if your job offers a 401k, having a personal savings account is essential and can really rack up over time, especially for a “rainy day”. Some banks also have a “keep the change” policy and automatically add money into your savings account from every paycheck. For those of you who are self-employed, this is even more important for tax season.

EAT AT HOME

The truth of the matter is that we all spend SO much money on food. Cut back on dining expenses by cooking more at home, less of ordering take-out, and cutting back on restaurant visits. Give yourself three days a month to go out for a nice dinner if you’ve noticed that your bank account is depleting quickly. Make it even more fun by hosting a friends night in with cooked meals, potluck style.

MAKE YOUR GROCERY LIST BEFORE THE STORE

If you simply take the first step of looking around your home and thinking about what you actually need at the store and make a list, you’re going to end up spending much less time in the store and spending way less money, too. Because, you’ll have a list to focus on in the store rather than drifting from aisle to aisle tossing things in your cart.

CANCEL RECURRING SUBSCRIPTIONS

We’re all guilty of signing up for a service and then letting the recurring charges go unnoticed. Whether it’s a gym membership that isn’t being used or random apps that you thought you’d benefit from, take some time to manage and cancel your subscriptions that are unuseful to you. Trust me, even cutting back on a few dollars a month can make a vast difference.

LOWER THE BRIGHTNESS OF YOUR TV

Not only will this help your retina’s health, but by lowering the brightness of your TV and/or computer monitors from the default setting you can reduce your power consumption by upwards of 40%.

Posted by:TheIcePrince

Alec Le is a blogger with a focus in all things fashion and beauty. Alec’s focus also includes Dallas Lifestyle as well as Wellness that he hopes will inspire his readers to live their best lives.

19 replies on “Money Saving Hacks For Everyone

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