In a stagnant economy saving money becomes important for most people. Trying to save money doesn’t have to turn your life upside down though More than anything it becomes a matter of setting priorities and figuring out how you are actually spending your money day to day.
Cutting your cable package is one of the easiest way to save money. The odds are you don’t get to spend too much time in front of the television if you work full time. Even if you do, most of the networks put the latest episodes of their shows on the network website the next day. Between that and free online streaming sites you can eliminate your cable bill and hardly notice the difference.
Slow Down on Fast Food
When you eat fast food you are paying extra for the convenience. Instead of eating fast food or eating out at all, try eating more meals at home and packing a lunch for work, it could result in as much as $150-$300 in savings each month.
Hang up Your Hobbies
Hobbies and collections can become very expensive over time. If you are trying to save money then you may want to put activities like this on hold for the time being and focus on saving the money you’d spend on your hobbies for something else.
Try Keeping Cash On Hand
When you use a credit or debit card it only makes it easier to spend money and not think about it. When you carry cash you are more attached to it and it feels more difficult to part with. Giving yourself a weekly allowance and only caring the cash on hand will help you with saving and budgeting your money. Most people spend as much as $30 per day on their debit card without even realizing it.