New to Saving? Here are 7 Tips to Get You on the Right Path:
- Budget for everything – even your groceries! Spending consciously when you’re at the store is a game changer.
- Switch Cable or Phone Services. There may be cheaper options available.
- Unsubscribe from Unnecessary Monthly Subscriptions. Many apps, streaming services and food companies offer convenient monthly payment models, but you may be falling prey to excessive subscriptions.
- Minimize Energy Usage. Reducing your energy usage is not only environmentally friendly, but also can decrease your overall monthly bills as well.
- Bring Lunch to Work. Reducing the amount of times you eat out can rapidly reduce your expenses – even the cheapest takeout options can really add up in the long run!
- Make Coffee at Home. Your daily cup of joe may not seem like a big deal, but over the course of a month it can turn into a serious monthly expense. Don’t believe me? Add it up for yourself – you may be surprised!
- Start Small. It’s easy to feel overwhelmed, but change (and progress!) takes time. Baby steps, like Mint.com’s the 52 week money challenge, are a great way to start to grow your savings.
