It is one thing to set and write down financial goals and entirely another to make constant habitual and behavioral changes to achieve them. The majority of people struggle with the latter and eventually give up on savings.
If you’re in the same boat, it’s time to get creative and try some unusual ways to save more money each month.
3 Creative Money-Saving Tips You Must Try
Here’s how you can meet your monthly savings goals without putting in much effort.
1. Buy Grocery Items Online
Sticking to a grocery list is a task when you’re shopping in-store. The fully-packed shelves may call out, tempting you to add a few extra items to your shopping trolley in every aisle. Consequently, you end up buying several items you don’t truly need.
One of the best tips to save more money each month is to shop for grocery items online. You can plan your meals and avoid impulse spending on things you don’t really need. Intentional spending will also allow you to eat healthier – a definite win-win!
2. Plan Zero-Spend Days
When you can’t control your spending urges and fail miserably at saving, you eventually lose the willpower and desire to sit down and calculate how much you spend each month.
Relatable?
You should give your game plan a twist and decide on zero-spend days. For example, you can make a rule to NOT spend any money on Tuesdays and Thursdays. You could also plan your meals and grocery shop accordingly on Sundays to avoid spending on food for the rest of the week.
3. Focus on the Bigger Expenses
One of the most unusual ways to save more money is by focusing on big-ticket items instead of cutting down on minor expenses, like a meal out or a $5 coffee.
While small expenses do add up, you need to focus on bigger purchases to save real money. See if you can save a considerable rent amount by moving into a smaller house that’s more suited to your lifestyle. Similarly, when buying a car, go for one that requires you to pay$500 in monthly payment instead of $1000.
While these are seemingly small actions, they can certainly add up in your savings account at the end of the year. So why not give these unusual ways to save more money a try?
Good luck!