One of our first steps this month was to save money again since our emergency fund was blown away with a major car repair recently.
One of the most intimidating things to get started is figuring out where to get extra money. Especially when you feel like you’re living paycheck to paycheck. But there is a way to add money to savings but it’s not without a little bit of extra work. A lot of those get rich quick schemes are exactly that…schemes.
There is no such thing as easy money. If you want to save money, you have to work hard. But it helps to know a thing or two so I have a few tips.
1. Shop Around
We recently saved $50 on one grocery trip by getting only a few things on sale at Kroger and then buying everything else at Aldi.
One of the best ways to shop around is to wait until things go on sale to buy them. Full price is for chumps, and impatient people. It helps to plan ahead when you buy things on sale.
When the local Kmart was closing in the spring, we stocked up on stuff for the summer. I got 3 pairs of shoes for little man because we knew he’d be walking soon, along with tennis shoes for ourselves. My nephews already have their Christmas present in hiding because of that trip too. In the end we saved $400 and spent $218 on everything. That’s right, we saved more than we bought!
It’s even easier when you can find it on your Amazon app instead for even cheaper. I did that with my Christmas presents last year and saved at least $75!
2. Eat In More
3. Do Odd Jobs
My husband get tips from his job as a barista, I do chores for my grandmother and run an etsy store. We both have it set up that all of the money that we get outside of our regular paychecks goes directly to savings (and once that’s built up going towards debt).
With it going into savings without us thinking about it, it makes it easy to not even think about what to do with the money. It’s one of those out of sight out of mind kind of things.
4. Don’t Spend Refunds