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)

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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 to save $5000 in 3 months? ›

How to Save $5000 in 3 Months [2024]
  1. Create a Budget and Plan.
  2. Pick up a Side Hustle.
  3. Sell Things Around Your Home.
  4. Refinance Debts.
  5. Cut Unnecessary Expenses.
  6. Reduce Living Expenses.
  7. Try an Envelope Savings Challenge.
  8. Use Cash Back Apps.
Apr 3, 2024

How to aggressively save money? ›

How to Save Money: 23 Tips
  1. Make a budget.
  2. Say goodbye to debt.
  3. Set a savings goal.
  4. Save money automatically.
  5. Buy generic.
  6. Meal plan.
  7. Cancel some subscriptions and memberships.
  8. Adjust your tax withholdings.
Apr 5, 2024

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

How to save $10,000 in a year? ›

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

How to save $1,000 in 30 days? ›

11 Easy Ways to Save $1,000 in 30 Days
  1. Create a Budget. ...
  2. Automate Your Savings. ...
  3. Create a Savings Bingo Sheet. ...
  4. Negotiate Your Bills. ...
  5. Separate Wants From Needs. ...
  6. Plan Your Meals. ...
  7. Buy Generic Brands. ...
  8. Cancel Unnecessary Subscriptions.
Sep 26, 2023

How to save $1,000 in 3 months? ›

If you wanted to save $1,000 in three months, for example, you'd need to save roughly $84 per week. That timeline can also provide you an opportunity to invest in a high-yielding time deposit account.

How to stop wasting money? ›

Here are some ideas to help you stop spending money and build healthier financial habits:
  1. Create a Budget. ...
  2. Visualize What You're Saving For.
  3. Always Shop with a List. ...
  4. Nix the Brand Names. ...
  5. Master Meal Prep.
  6. Consider Cash for In-store Shopping. ...
  7. Remove Temptation.
  8. Hit “Pause"
Jan 19, 2023

How to make money fast? ›

How to make money fast
  1. Become a rideshare driver. ...
  2. 2. Make deliveries. ...
  3. Help others with simple, everyday tasks. ...
  4. Pet sit. ...
  5. Sell clothes and accessories online. ...
  6. Sell unused gift cards. ...
  7. Earn a bank bonus. ...
  8. Take surveys.

How to save up $100,000 fast? ›

Five tips to help you save $100,000 faster
  1. Live below your means and cut frivolous spending. ...
  2. Be hyper-aware of every monthly expense and ruthlessly cut back to save faster. ...
  3. Pay down high-interest debts like credit cards first. ...
  4. Find the financial institution that will get you the highest interest rate.
Mar 27, 2024

What is pay yourself first? ›

What is a 'pay yourself first' budget? The "pay yourself first" method has you put a portion of your paycheck into your savings, retirement, emergency or other goal-based savings accounts before you do anything else with it. After a month or two, you likely won't even notice this sum is "gone" from your budget.

Is $4000 a good savings? ›

Are you approaching 30? How much money do you have saved? According to CNN Money, someone between the ages of 25 and 30, who makes around $40,000 a year, should have at least $4,000 saved.

What is the rule of thumb for savings? ›

At least 20% of your income should go towards savings. Meanwhile, another 50% (maximum) should go toward necessities, while 30% goes toward discretionary items. This is called the 50/30/20 rule of thumb, and it provides a quick and easy way for you to budget your money.

What is the $27.40 rule? ›

Instead of thinking about saving $10,000 in a year, try focusing on saving $27.40 per day – what's also known as the “27.40 rule” because $27.40 multiplied by 365 equals $10,001. If you break this down into savings per day, week, and month, here's what you're looking at in terms of numbers: Per day: $27. Per week: $192.

What happens if you save $100 dollars a month for 10 years? ›

How $100 a month can help make you wealthy
If you invest $100 a month for this many years......this is how much you'll end up with.
10$21,037.40
15$41,939.68
20$75,603.00
25$129,818.12
2 more rows
Oct 1, 2023

How can I save $1000 in 6 months? ›

Consider these six steps to help you get started and reach your $1,000 goal.
  1. Open a savings account. What's the value in putting your emergency fund in a savings account? ...
  2. Automate. ...
  3. Cut back. ...
  4. Cut out. ...
  5. Don't give up. ...
  6. Work both ends of your budget.
Oct 10, 2023

What is the quickest way to save $5000? ›

Ways To Save $5,000 in a Year
  1. “Chunk” Your Savings. The first step to saving $5,000 in a year is to break down your savings goal into manageable portions. ...
  2. Automate Your Savings. ...
  3. Save in a High-Yield Saving Account. ...
  4. Track Your Cash Flow. ...
  5. Boost Your Earnings. ...
  6. Declutter for Cash. ...
  7. Evaluate Your Subscriptions. ...
  8. Challenge Yourself.
Feb 5, 2024

How quickly can I save 5000? ›

Break It Down Into Months

If you want to save $5,000 in one year, you'll need to save approximately $417 a month. That's about $97 a week. Saving almost $100 a week may be a lot depending on your finances.

How to save $5000 in 3 months with 100 envelopes? ›

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.

How fast can you save $5,000 dollars? ›

How long will it take to save?
Savings GoalIf You Saved $200/monthIf You Saved $400/month
$5,00025 months13 months
$10,00050 months25 months
$20,000100 months50 months
$30,000150 months75 months
7 more rows

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