Tricks for Saving Money

I just talked to a friend who was complaining that she has to come up with $1000 every October and she has nothing saved up. I asked her if she could save $19.25 on a weekly basis. She said she could, if she cut out her morning coffee and took her own to work, and if she also skipped eating lunch out one day a week.

Advertisement

I told her if she did that each week for a year, she would have her $1000. Actually if she put it in the bank, she would have a little more with interest. So, tomorrow she is going to schedule $19.25 to come directly out of each paycheck and go to her Credit Union Account.

This would be a great way to save for Christmas, property tax, propane bills, vacation or other recurring yearly expenses.

Comment Was this helpful? 12

Comments

Read More Comments

29 More Solutions

Share on ThriftyFunThis page contains the following solutions. Have something to add? Please share your solution!

With each task I perform during the course of a day, I think of ways that I can save. Small amounts saved each day add up to large savings at the end of the year.

Money Jar full of coins and a $20 bill.

Comment Pin it! Was this helpful? 8
Read More...

My husband and I have never had a lot of money. Our whole married lives, we have had to watch and constantly be careful. We were married and started our family very young, and neither of us has a college education.

The weekly ad section of a Sunday newspaper.

Comment Pin it! Was this helpful? 10
Read More...

September 5, 2011

I decided to write another post to help others out since my first post was a success. I want to share my opinion on stuff that works for me.

Comment Was this helpful? 6
Read More...

One instant budget breaker is impulse buying. Stores create displays that are so enticing it's hard to resist wandering over to them and buying something that is most definitely not on the shopping list. Spontaneous shopping is seldom a good choice.

Comment Was this helpful? 12
Read More...

October 6, 2006

"A penny saved is a penny earned," said Benjamin Franklin. However, what good is a penny saved if it's spent on something else?

Advertisement

Think of it like this: if you purchase a pair of pants on sale for $6 off the ticket price, where does the $6 go?

Hungry Piggy Bank

Comment Pin it! Was this helpful? 2
Read More...

I belong to a weekly creative writing class that costs $9 each week for the class. We are now on two weeks break from the class, so that is $18 that I save for that time.

Comment Was this helpful? 6
Read More...

Sometimes it gets a little tight waiting for payday, so I go into the money stashes I have to ease things just a bit. The stashes include my piggy bank (I do have one), and other coin receptacles.

Comment Was this helpful? 3
Read More...

December 5, 2008

Money saving tips and strategies for saving money in the new year from the ThriftyFun community. Feel free to post your ideas!

Saving Money in the New Year

Comment Pin it! Was this helpful? Yes
Read More...

When I enter an amount taken from my checking account either by check or debit card I always enter the correct amount in the ledger but I round up the amount I deduct from the checking account.

Comment Was this helpful? 3
Read More...

I encouraged a friend to start a savings account. She had no savings and had to charge emergencies when they came up. She said she did not have money to start a savings account with and could not afford to add to it if she did.

Advertisement

I told her to save her pennies and put them in a clean empty plastic milk jug.

Comment Was this helpful? 4
Read More...

When visiting a mall, there is one thing that makes me want to spend, spend, spend! That is the sight of another shopper with lots of lovely designer store bags in her arms.

Comment Was this helpful? 2
Read More...

June 14, 2007

Reduce chaos in order to save money. Live like a natural disaster is coming. Make life simpler in order to de-clutter the mind and the living environment. Many people enjoy primitive camping and leave the luxuries of home.

Comment Was this helpful? Yes
Read More...

Kelly Ann Butterbaugh
December 7, 2009

Doing your homework can save a lot of money. Yes, studying hard in school could land you a job that drives home in a sports car, but it's an easier type of homework that saves money right now.

Using a credit card for online shopping.

Comment Pin it! Was this helpful? Yes
Read More...

Kelly Ann Butterbaugh
May 12, 2009

The irony of saving is that it is more important now than ever, yet it's harder to save today than it was a few years ago. What's the method of savings some extra money without cutting back on the things that you love?

Jar Full of Coins

Comment Pin it! Was this helpful? Yes
Read More...

June 29, 2004

Have everyone in the family put all their quarters, dimes, nickels, pennies into a "bank" on a regular basis. (daily, or weekly).

Comment Was this helpful? 1
Read More...
Load More
Advertisement

Categories
Budget & Finance Saving MoneyOctober 26, 2011
Pages
More
😷
Coronavirus Tips
🐛
Pest Control
🌻
Gardening
📓
Back to School Ideas!
Facebook
Pinterest
YouTube
Instagram
Contests!
Newsletters
Ask a Question
Share a Post
Categories
Better LivingBudget & FinanceBusiness and LegalComputersConsumer AdviceCoronavirusCraftsEducationEntertainmentFood and RecipesHealth & BeautyHolidays and PartiesHome and GardenMake Your OwnOrganizingParentingPetsPhotosTravel and RecreationWeddings
Published by ThriftyFun.
Desktop Page | View Mobile
Disclaimer | Privacy Policy | Contact Us
Generated 2020-08-25 11:24:52 in 5 secs. ⛅️️
© 1997-2020 by Cumuli, Inc. All Rights Reserved.
https://www.thriftyfun.com/tf/Budget_and_Finance/Saving_Money/Tricks-for-Saving-Money.html