5 Ways To Keep More Money In Your Pocket
Who doesn’t want more money in their pocket? I think we can all agree that the majority of us do. We’re used to spending, but saving comes a little harder for some of us.
Think about your money habits and how it affects your life. Awareness is the first step to doing something about it. See five ways to keep more money in your pocket and a smile on your face.
Establish your Budget
Become friends with making a budget. This means budgeting for everything, on all aspects of your life. Assuming and guessing is a slippery slope. If you aren’t sure where to start, go online and do some research into budget templates. Doing a budget will provide you with a snapshot of where your money’s going and where there’s room to cut back.
Cook at Home
One of the smartest ways to cut back and save is to cook at home. Start cooking your meals and eating at home. You’ll be shocked at how much you’ll save over time. It’s a lifestyle change, so be sure to account for time you’ll need to cook and make your lunch. It’ll also require you going to the grocery store more often. Find the cheapest grocery store in the neighborhood and save even more. Plan your meals ahead of time and go to the grocery store with a list.
Shop Consignment Stores
There’s no need to always shop at the fanciest and most expensive stores. Change it up and do some of your shopping at discounted or consignment stores. They have a lot of really great options for decent prices. No one will even be able to tell when you wear the clothes. They also sell designer items so you can keep looking stylish. Cutting back excessive shopping habits, in general, will also help you save money.
Buy A Used Car
If you’re in the market for a new car, but don’t want to spend a lot of money, then consider buying used cars for sale from safe and assured car dealerships. This is a smart way to purchase a car without breaking your bank, and you’ll save more money than if you were to buy a brand new car. Another way to save on gas and wear and tear is to carpool, take public transportation or walk. Think about your lifestyle and where you live and work, then start outlining where to cut back on transportation costs. You may just surprise yourself.
Find Inexpensive Hobbies
There are a lot of options out there when it comes to entertainment and hobbies. Take a look at what you’re currently doing and how much you’re spending. This is an area many people forget to analyze when they want to save money. A few inexpensive activities that come to mind are gardening, walking, running, reading and playing informal sports. These are just a few ideas, but there are many other hobbies out there to consider and try.
We all like money, and we all like to spend our earnings, but it also feels good to save. Don’t let your expenses get the best of you. Use these five ways to dial back your spending and keep more money in your pocket.