Saving money every month doesn’t always require drastic changes—it’s the little habits and tweaks that can add up over time. I’ve made a few changes in my daily routine and financial habits, and they’ve helped me save a significant amount each month. Here are the things I do differently that are saving me money, and you can start doing them too!
Meal Planning and Prep
Instead of deciding what to eat on the fly or grabbing takeout, I plan my meals for the week and prepare them in advance. This cuts down on impulse buying and reduces the temptation to order expensive delivery or eat out. I make a shopping list based on my meal plan and stick to it, which helps me avoid buying unnecessary items. Plus, cooking in bulk and freezing leftovers ensures I always have meals on hand, saving both time and money.
Switching to Generic Brands
I used to buy name-brand items without thinking twice, but now I opt for generic or store-brand products whenever possible. Whether it’s household goods, toiletries, or even certain food items, I’ve found that many generic products are just as good as the brand-name versions. This small change has significantly reduced my grocery bills without sacrificing quality.
Cutting the Cable Cord
One of the biggest money-saving decisions I made was canceling my cable subscription. I switched to streaming services like Netflix, Hulu, and Disney+, which are much more affordable. Instead of paying for a massive cable bill with hundreds of channels, I now pay a fraction of the cost and only watch what I really want to. There are also plenty of free streaming options available, so I’ve been able to save even more.
Automating Savings and Bill Payments
I’ve set up automatic transfers to my savings account and bill payments. This ensures I’m saving regularly and never miss a payment, which helps avoid late fees. By automating, I don’t have to think about it and it becomes a habit. I’m also less likely to spend the money that should go into savings, since it’s automatically moved to a separate account.
Using Cashback and Reward Programs
I’ve started taking full advantage of cashback apps and reward programs. Every time I make a purchase, I use apps like Rakuten or check for any store-specific loyalty programs that offer points or discounts. While it might seem like small savings here and there, they add up over time. Plus, using rewards cards that offer cashback on certain purchases helps me earn money back for things I was going to buy anyway.
Consolidating Subscriptions
I took a close look at all of my subscription services—magazines, streaming platforms, apps, and memberships—and realized I was paying for some things I rarely used. I canceled subscriptions I didn’t need and consolidated services. For example, instead of having multiple streaming accounts, I now share a family plan with friends, which cuts my monthly expenses. Being aware of where my money is going has helped me avoid unnecessary spending.
Buying Secondhand
For items like clothes, furniture, and even electronics, I’ve started shopping secondhand. Thrift stores, online marketplaces, and yard sales are gold mines for quality items at a fraction of the cost of buying new. Not only does this save me money, but it also reduces waste and supports sustainable living. I’ve found that many items are still in great condition, and it’s become a fun challenge to find treasures!
Using Energy-Efficient Appliances
Switching to energy-efficient appliances has lowered my utility bills each month. I’ve replaced old light bulbs with LED ones, invested in a smart thermostat to regulate heating and cooling, and ensured all appliances are energy-efficient. These changes might require an initial investment, but the long-term savings are definitely worth it. I’ve noticed a significant drop in my energy consumption, which has saved me money month after month.
Eliminating Unnecessary Fees
I’ve become more mindful of fees that can sneak up on you, like ATM fees, late payment fees, or bank account maintenance fees. I’ve switched to a bank that offers no-fee accounts and now make sure to avoid using out-of-network ATMs. I also track my bills closely to avoid late payments, which can rack up penalties. By eliminating these little charges, I’m saving quite a bit each month.
Negotiating Bills and Services
Whenever I get a bill that seems high, I make it a habit to call and ask for a better rate. Whether it’s my internet service, insurance premiums, or even a medical bill, I’ve successfully negotiated lower rates or received discounts by simply asking. Many companies are willing to offer better deals to keep customers, and taking the time to negotiate can lead to significant savings.
