Some of the most common New Year’s resolutions involve saving money. If you are like millions of people around the world whose resolution was to save more money in the New Year, then achieve your goals by following these simple money saving tips:
Keep your change in a Jar
One of the most tried and true methods of saving is to simply keep all of your change in one location. It is easy to literally lose money if you keep your change in your pockets or your car. Keeping it in one central location makes it easy to access, and you can watch it grow.
Make a budget
Actually, make two budgets. First make a list of all of your expenses (you may have to make some estimates, but be honest with yourself) then, make a second budget removing any unnecessary expenses.
Cut the cord
Thanks to the rise of Netflix and many other streaming services more and more people are cancelling their cable bill and putting the money they’ve saved into savings. Unless you absolutely need a home phone then you should think about cutting that as well and pocketing the savings.
Make coffee at home
Instead of spending $5 or more a day on coffee buy an inexpensive (but reliable) coffee maker and make coffee yourself every morning. You’ll get far more coffee for a fraction of the cost. If you are a real coffee aficionado, then you may want to spend a little bit more so that you can make the specialty coffees you love.
Make the most of what you have
If you have a unique talent or skill, then you can advertise to take on small jobs in your free time on sites like Fivver.com. Have an extra room? Make the most of it by renting it out long term or for a few days at a time on AirBnb.com. If you have a car and want to make back a bit of gas money then consider becoming an uber driver.
Find and use coupons
Why pay full price when the key to finding great deals is just a click away? Use websites like MoneySaver.ca to find all of the best deals in your local area. MoneySaver.ca offers coupons in both mobile and printable formats, for local listings as well as national offers on a range of services and products including restaurants, entertainment, health and beauty, home improvement, automobile, entertainment, groceries, travel, and more. Save on your everyday expenses, track your savings, and then splurge guilt free on a just reward for your hard work.
Moneysaver.ca isn’t a subscription service, and you don’t even have to make an account. Print, send, and share coupons with your friends and family for even more savings. However, you can stay up to date on all of the latest deals, savings and contests with the MoneySaver.ca email newsletter, simply by signing-up.
Small changes, big savings
Making a few small changes to your current lifestyle can quickly add up to big savings as long as you are committed to following through with your New Year’s resolution. Happy Saving!