5 Quick Ways to Save Money Monthly
There are times when you just need to save a bit of money. You may want to save for a special trip. You might have a big bill coming due. You just may want to put a bit extra into your retirement fund. No matter why you want to save money, you can use these quick tips to keep money in your pocket.
Avoid Fast Food
Eating out costs money. While being able to grab a quick bite is great if you are in a hurry, you do it at a premium. For the price of a meal at McDonald's, you could buy the ingredients to make lunches for three or four days straight. If you make your lunches ahead of time, you will have that quick bite you crave.
No one is saying give up on fast food completely. Just cut down on the number of times you do it each week. Brown bagging lunch just a couple days a week will put $15 to $20 in your pocket by the end of the week.
Plan Your Meals
One major reason why people order take-out so much is that they don't plan out meals for home. They may have a few ingredients in the fridge and cupboard, but no coherent plan on how to use them. Planning a few meals at home every week will cut down on the number of meals eaten out or brought home in take-out boxes. It also saves you money at the grocery store when you know exactly what you need to purchase.
It starts with scanning the grocery ads and finding out what is on sale. Then, create meals based on what is on sale and what is left in the fridge and cupboard. Planning breakfast, lunch, dinner, and snacks can end up saving you a lot of money over the course of a month.
Declutter and Sell
If you have items you no longer use or want, it is time to get rid of them. Go through your closets, dressers, and drawers. Find those items you have no need for. Then, sell them. Decluttering your home will make it more comfortable and give you extra money at the same time.
Ebay, Craigslist, yard sales, church bazaars, and LetGo are just a few ways you can sell your extra items. You can do it all at once, or a little at a time. The money you make can go right into your savings account or be put aside for a special purpose.
Lower Your Insurance Costs
You pay insurance on your car every month. Are you paying too much for that insurance? Many people buy a policy and just keep paying it for years and years, without checking to see if there are cheaper policies available. And that is a costly mistake. Getting cheap auto insurance quotes is a good start for saving money every month. The key is making sure that you are getting the same coverage with each quote.
Cut Down on Your Cable and Satellite TV Costs
Are you paying for premium channels or packages that you don't really use? It is not uncommon for people to pay their cable or satellite without thinking about what they are paying for. Take a moment to look over your bill. If you are subscribed to a premium movie channel like HBO or Showtime, assess whether you really watch them enough to justify the cost. Do the same with extra channel packages.Five minutes of thinking about how you use your cable or satellite could end up saving you a significant amount next time you pay the bill.
Each of these methods will leave money in your pocket. Some will pay off immediately while others will give you savings in the next few weeks. By the end of this month, you will see the real benefits of these money-saving tips.
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