Are you ready to save some money? Here at I Heart Frugal that is what we do best! With these 400 money saving tips you will be well on your way to a better future.
My passion is saving money and better yet, helping other people like you save money. Why get caught up in debt and have money stress in your life? You shouldn’t have to pay full price for everything you buy and by testing out my frugal ideas, you can put more money back in your pocket today.
According to a 2018 study from Comet 80.9% of baby boomers, 79.9% of Generation X, and 81.5% of millennials are in debt. (source Cometfi.com)
I don’t want you to be in that statistic.
If you are looking to get out of debt or save for an emergency fund so that one small accident doesn’t send you into the deep end of debt, then this post should help.
I recommend making small changes and picking ideas that will work for you. One person can stop buying $5 lattes and another can stop fast food runs. The point is to find little things you can cut out and use the extra money to save or pay off debt.
Learn how to use a spending journal here and start tracking your spending habits. Then you will know exactly how much money you are spending each month and it will be easier to see how much you can save.
It is also very wise to have a budget so you are not spending more money than you are bringing in each month. You can learn how to budget better here.
Then use the money-saving ideas below to help you reach your financial goals.
My Sinking Fund Method – My Secret to Saving for Everything
Have you heard of sinking funds? Sinking funds could be the number one game-changer to your personal finances. This little money hack will provide you with a clear way to save money and actually trick yourself into saving more. Learn how to use my sinking fund method to change your finances today.
Sinking funds help you set savings goals for specific purchases and can be turned into automatic savings so you don’t have to think about it.
Are you in debt? Around 80% of Americans are currently in debt according to a 2018 study by Comet. It is no wonder saving money is difficult and most shy away from it.
However, you can use my sinking fund method to start saving for just about anything including debt repayment.
The sooner you are debt-free the sooner you can start living and forget money stress. So why not start with a plan and make your plan automatic.
In this post, you will learn the who, what, when, where, and why of sinking funds.
Do you like saving money? Maybe you are new to whole the “couponing thing” and are starting to realize clipping coupons and finding store match ups is time-consuming.
Not to mention, it is hard staying organized. You need a place to store your coupons, organize them by product categories and keep track of expiration dates. This is a major time-suck and time is money.
Plus, it isn’t worth it if you are only saving $1-$2 per shopping trip. And unless you are really into extreme couponing and have hours to spend each day, then you should consider other ways to save money on groceries and everyday items.
In fact, I just watched an episode of Extreme Couponing and the woman spent 60 hours per week on couponing. I don’t know about you, but I certainly do not have that kind of time. So let’s save time and money without coupons.
This post will outline ten easy ways to save money without clipping coupons. These money-saving ideas will help put money back into your pocket. Check them out below:
Are you trying to save money? Often times we think saving money is difficult. However, if you want to make life easier here are 20 money hacks that will leave you with more money in your budget so you can rest easy.
You can use your extra money to build up an emergency fund or pay off debt. It’s up to you. These money hacks are life changing!
What would you do with an extra $100 or more in your budget every month? I would personally start saving for my next vacation because I have paid off my debt and now my savings are a bonus.
However, if you have debt you could start a plan to pay it down. This is your time to start a savings plan and if you need money help do your research and get your budget on track.
Do you have an emergency fund? I recommended saving six to nine months of your current total bills in case of job loss or a sudden change in your health such as a car accident. It is unfortunate if this happens to you but it is best to be ready.
The best part is, it is totally doable with the money hacks below. Stop wasting your money and start living better.
Are you a busy mom that would rather spend more because you don’t have the time or energy to shop around. I’ve been there. Sometimes it is just easier to throw that toy in the cart than to hear you kid throw one more tantrum. However, with a few simple tips to save money as a stay-at-home mom, you will learn to be a frugal stay-at-home mom and keep your money for the things that matter.
If you have cut your family budget to one income, can you afford to be a stay-at-home mom? This is a tough decision. Yet, if you find family money-saving tricks you will learn how to create a family budget and make ends meet but still have fun.
Let’s face it, having kids is expensive. You can literally spend everything you make and your kid will still need something else. Not to mention, kids activities are pricey.
Therefore, it is best to find ways to cut costs so you can continue to stay home with your little ones. Besides, who wants to pay more than they have to?
This post will teach you how to save hundreds per month so you can stay at home with your kids and live on one income.
If you don’t think pennies are worth anything, then think again. My son’s school just had a penny war challenge for a fundraiser and they were able to raise over $1000 by collecting pennies from elementary-aged kids. Furthermore, in this 52-Week Money Challenge using pennies, you can come close to that amount by saving pennies yourself. In fact, at the end of the 52-week money challenge, you will total out at $667.95. – Not bad for saving your spare change.
This money challenge is unique in that you can save your spare change and end your year with a nice chunk of change. However, toward the end of the challenge when you start adding $20 to your fund, you may want to switch to dollars or start cutting out some of the “want” areas of your budget to help you stick with it.
If you have heard the phrase “A penny saved is a penny earned” then you know money is money. No matter how small it is worth something. The truth is pennies can add up over time! Not to mention, the bank agrees with me and will accept penny deposits. However, most banks do not accept loose change unless you roll the coins yourself. But hey, if you start saving your pennies now, by the end of the year you will have over $600 in your savings account.