Living and Saving Money on a Budget

personal finance
little baby moneybox putting a coin into a piggy bank - kid saving money for future concept
A spending plan, otherwise known as a budget, is the single best way to ensure you live within your means. A spending plan is exactly what the name implies: It lays out what you plan to spend. To keep tabs on your progress or lack thereof, you’ll need to track your money as you spend it.
That’s a question that is asked a lot.  I understand why!  Most of us live on a day to day or week to week budget plan.  Every time you think you’ll save a bit, something comes up.  So here’s a good way to start saving and hopefully continue saving.
Here are 7 ways you can save money even when money is tight.
  1. Change Your Television Service.
  2. Look at Your Food Bill.
  3. Take Advantage of Online Deals.
  4. Cut Every Category Just a Little Bit.
  5. Find a Way to Cut Back on Big Expenses.
  6. Switch to Cash for Your Daily Expenses.
  7. Work on Paying off Your Debt.

Changing your television service can help, My Mother did this last year and saved $50 a month, just doing this.  For us, I don’t watch too much television so I just went with Netflix and spend way less than most.

Number 2 on the list is looking at your food bill.  I thought we were doing fine, didn’t overspend on food, but I was very mistaken, I just kept doing what we do, and at the end of the month, I looked at the bank statement.  We were both surprised by how much we spent on food.  Then we figured out a plan and saved $200 a month doing that.

Taking a look at number 3, take advantage of online deals. This is a great way too, there are plenty of people saving hundreds doing this, we have apps now like Ibotta and others that will help us save a lot.  So be sure to check some of those apps out.  I have an article about that here

Number 4 is cut every category just a little bit, Basically slim down on the expenses, no matter how small.  We can all do this.  Just takes a little time and you’ll get it!

Looking at number 5, find a way to cut back on big expenses.  This is something that most of us can do.  If you don’t have big expenses, then you’re winning already.

Number 6 is switch to cash for your daily expenses, this works very well.  I find that it is very easy to swipe the debit card but when you have to hand over cash it’s harder.  You don’t want to spend it when it’s cash, a card isn’t something that is felt fast.  Make sense?  Hope so.

 

Number 7 is paying off debt.  This will not only save you in the long term but also save you from stress.  To me that’s worth every penny of paying off debt, I hate owing anyone money, or feeling like I’m in debt.  It’s too stressful knowing I owe money.  Don’t you agree?

 

What are some things you’ve done or are doing now?  Any tips you have?

Published by Mandy Marie

Hi! I love family, food, and organizing all-the-things. I hope you find something on my blog that makes your life a little better and maybe put a smile on your face. Thanks for reading! - Mandy Marie

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