10 Money Saving Tips That Will Change Your Life

If you’re looking for real money saving tips that will help you get into a better financial position, then you’re in the right place. Keep reading to learn more.


a large pile of pennies

Become a Penny Hoarder (Seriously!)

I know many of you will probably laugh at this, but saving your change can add up to some serious coin (no pun intended) later on down the road. This first money saving tip might come as a no brainer to some of you, but you would be surprised at how many people just throw away their lose change like it’s garbage. Most of us get change back on a daily basis from things like our morning coffee to our afternoon lunch and it usually amounts to a couple of dollars a day, but even if you saved three dollars a day for thirty days that is almost ninety dollars in cold hard cash!


Keep Track of Who You’re Paying on a Monthly Basis

Our second money saving tip is also common sense, but this is another cash saver that gets overlooked all too often by most of us and it shouldn’t. Keep records of any monthly payments you are making to any businesses or companies for both entertainment and business purposes. For example, if you have a Hulu account you haven’t used in months, then why not cancel it and save a few bucks? If you have multiple accounts open with businesses you aren’t using, then the dollars will really start adding up fast. Combine this with our first money saving tip and you could potentially end up paying yourself up to $100 dollars or more every month!


Use Coupons at Your Favorite Grocery Store

Remember hanging out at your grandmother’s house and watching her cut and collect her daily coupons? As it turns out, grandma was definitely on to something and as tedious as that practice might seem, in the long run, it is definitely worth doing. Most of us have a favorite grocery store, right? Most grocery stores send out coupons in their Sunday mailers or newspapers and some places like Walmart will even offer customers their coupons online. In this day and age, finding coupons might be a little tougher than it was fifteen years ago, but they are still out there and waiting for you to scoop up!


Try to Pay Your Bills Via Check or Money Order Instead of Your Credit Card

Now I know some of you will give us some flack for this tip, but did you know that most businesses charge an additional mark up fee for paying their invoices via credit card? No, we’re not kidding either. Credit card fees can range anywhere between 3% and 10% of your total bill. Think about how often you use your credit or debit card to pay bills and add up the payment fees from each company you’re paying every month. Do we have you thinking yet? The results might be tragically shocking.


two friends carpooling to save money

Start Carpooling to Work or School

This next money saving tip can actually benefit you and several people you know all at the same time. If you live near several coworkers or classmates, then why not invite them to start carpooling to work or school? Each of you could take a turn during the week and you would only probably use about 1/5 of the gas you normally would. Are you starting to see how all of these cash saving techniques are starting to add up?


people riding the bus to save money

Try Public Transportation

If carpooling just isn’t an option for you, then you could always try public transportation. You won’t have the luxury of driving your own car to work or school, but it will definitely help save you a good amount of gas money. Heck, you might even enjoy the ride and you could meet some very cool people during your commute. This is probably everyone’s least favorite money saving tip on this list, but it really can help you save and it can also cut down on carbon footprint! High five for trying to help the environment, right?

If this method of transportation just doesn’t work for you, then try walking or biking to work or school instead. Either of these methods are totally free and will help you get some great cardio in the process.


two people eating at a restaurant

Quit Eating Out So Often and You Will Save Serious Cash

Do you have a bad habit of eating out every chance you get? Figure out how much you spend on going out to eat every month and try to only eat out once or twice a month instead. We would be willing to bet that this cash saving tip could easily start helping you save a couple of hundred dollars in no time flat. If you are one of those people that don’t like cooking or think that cooking just takes too long, then why not check out some Youtube tutorials and try making a nice home cooked meal? This might sound very daunting at first, but practice makes perfect and who knows, you might actually enjoy cooking more than you thought you would.

You could also cook for that special someone in your life, too. Even if you’re not good at it, the gesture alone could help you get additional brownie points!


a stack of bills

Be Vigilant About Paying Your Bills On Time

This is another common sense money saving tip, but did you know that some places will sock you with a late fee if you are late on your payments or if you miss a payment? Missing payments or not paying on time could also impact your credit score, too. Ouch! Heed our advice and always try to remember to pay your bills on time and if it helps, try to mark a specific day on your calendar to pay them all at once so you don’t forget.


water running from a faucet

Stop Buying Bottled Water (Buy a Purifier Instead)!

Most of us really enjoy our bottled water and water is definitely a necessity, but drinking tap water could also help you save quite a bit of cash every month, too. If your tap water tastes unpleasant, then take our advice and buy some type of water purifier, because you will only have to buy this item once unlike the bottled water most of us our accustomed to drinking. On average, each bottle of water is around $2.00 a piece if you buy them individually and if you only drank three of them a day, you would still end up spending $6.00 a day just on water.

Next time you are out grocery shopping and you are thinking about picking up a case of water, just take a quick peek at the price for that case of water and ask yourself how many cases of this do I buy every month? I know most of you are calling us crazy by now, but these tips will really help you save.


people drinking at a bar

Cut Down On Wild Weekends

Do you find yourself partying at the bars with your friends almost every weekend? Wake up call! This kind of recreational fun is killing your wallet and your health! Try only cutting loose once or twice a month instead of every weekend and you could find yourself with a much fatter wallet. Breaking this wild child habit may be hard to do at first, but there are plenty of other things you can do that cost a lot less and won’t kill your liver in the process.

If you’re struggling to find things to do, then why not go sight seeing or visit your local zoo? Those are two ideas and I am sure if you think hard enough you’ll come up with something, but just keep in mind that bars are expensive and they are costing you your hard earned cash and your good health.


We hope you enjoyed reading about these 10 amazing money saving tips and we hope you’ll come back soon for more great financial advice that can help fatten your wallet. Visit our Credit Repair Help page anytime and if you have any awesome financial advice, then feel free to contact us and tell us about it.

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