8 Simple Ways to Save Money: You can save money every day, in small ways and large, without really having to try. This list of eight easy ways to save money will help you learn how to manage your daily life more efficiently and effectively so that you have more money at the end of each month to do what you want with it.
8 Simple Ways to Save Money in your Everyday Life
Implementing just one or two of these tactics will make a big difference over time, and before long, you’ll have saved up enough to invest in something fun or go on an amazing vacation with your family and friends! Take a look at these eight easy ways to save money today!
Meal prep. Meal-prepping is a great way to save time and money. Spend an hour on a Sunday organizing your meals for that week and you’ll be surprised at how much money you’ll save by not eating out as often. Also, if you pack up your lunch for work, instead of ordering delivery or spending too much on fast food, you’ll end up saving even more! If you are going to eat out, take advantage of happy hours and other specials.
If you have some cash leftover after buying groceries each week, set it aside until payday so that it can grow into a nice little nest egg. Finally, make sure to pay off your credit card balance every month—it may seem like common sense but people tend to forget about interest charges when they get busy with life.
1) Use Canva instead of Photoshop
While there’s no shame in being a Canva novice, many professionals like to mock it for being much less sophisticated than Photoshop. While that might be true, there are just as many benefits to using Canva. The service is completely free, and you don’t need any design experience whatsoever. All you need is a Google account.
If you do have experience with Photoshop or other image-editing software, it might take some time to get used to how things work on Canva. It can be helpful to spend about an hour playing around with Canva before you actually use it for something important so that you get a good feel for how it works and what all of its capabilities are.
You may also want to play around with different designs until you find one that fits well into your brand guidelines. Remember: You can always go back and edit images after publishing them. Once you’ve created a design, click Download and save it locally on your computer (or tablet or phone). Then upload it to Facebook from within Canva by clicking Upload Image From Computer.
2) Order the lunch special
The lunch special is one of those phrases that always makes you pause, isn’t it? It sounds so official and corporate, which means it must be fancy and expensive. However, as author Peter Shankman writes in his book The Best Yes: Breakthrough Techniques for Workplace Negotiations, the lunch special is just a way for restaurants to move inventory that would have gone bad had they not sold it. It’s also a great way to save money at lunchtime — or really any time.
If a restaurant or cafe offers a special meal on certain days (it will usually be posted somewhere near their menu), don’t hesitate to take advantage of it! You can almost always find something delicious for less than $10 and sometimes even less than $5. And if you’re looking to splurge on a big dinner out, check out Groupon for discount deals at some of your favorite restaurants. You might even find yourself with enough leftover cash to treat yourself to dessert!
3) Buy used furniture
Instead of buying expensive new furniture for every room, you can save a ton of money by shopping at used furniture stores. Not only are you getting quality furniture, but it is also cheaper than paying full price at a big box store. Additionally, you will be supporting local businesses and ensuring that used items don’t end up in landfills.
If shopping at a brick-and-mortar store isn’t an option for you, check out websites like Craigslist or Facebook Marketplace to find great deals on pre-owned products. Just make sure to inspect each item carefully before purchasing.
It’s also important to remember that while having debt isn’t necessarily bad (in fact, sometimes debt can help spur innovation), keeping high levels of debt could prevent you from being able to put away money for emergencies or retirement savings down the road. Buy Used Furniture. There are many online sites where you can buy used furniture. If you have a little time, search for local Facebook groups that sell second-hand items. You’ll find a lot of good deals and you’ll be supporting local businesses at the same time.
Get Rid of Unused Items. Go through your house and get rid of any unused items. This is a great way to declutter and save money at the same time! 3) Turn Off Your Lights and Appliances When Not In Use. It’s tempting to leave on lights or appliances when they aren’t being used, but it can add up over time.
4) Use Your Student ID
If you’re a student, use your ID for discounts and freebies. Also take advantage of student discounts from companies like Amazon, Apple, Dell, and Nintendo. If you have a library card from anywhere (college libraries offer these as well), get started on Hoopla now!
You can read or listen to ebooks and audiobooks absolutely free—and it’s only available to students. Plus, there are so many other ways to save money using your student ID. For example, if you live near a college campus, sign up for Groupon deals in that area. They often feature local restaurants and stores that offer special discounts just for students with valid IDs.
5) Ask People Instead of Google
The trick to traveling on a budget is finding a way to have fun without breaking your bank. The easiest way I’ve found to do that is by traveling with other people! Instead of splitting hotel and travel costs, you can split gas money or groceries (if you’re carpooling) and spend most of your time exploring rather than finding hotels or restaurants.
It doesn’t matter if you have zero friends who want to go on vacation; there are a million websites dedicated to helping strangers find travel buddies. If you’d prefer a more guided trip, tour companies like Worldpackers offer volunteer-placement programs that let travelers work and explore their destination while paying $1-$10 per day. There’s no rule saying travel has to be expensive; it just takes some creativity!
6) Reuse/Repurpose Items
From refillable bottles and refillable containers to reusing plastic bags, you can save a ton of money by keeping single-use items out of landfills. Not only is it better for the environment, but it’s also far more cost-effective! For example, use a cloth napkin instead of paper napkins each day. That saves $1.50 per week or $75 per year! Over time, those small changes really add up.
When you start being creative with your repurposing and reuse skills, you’ll quickly find that saving money isn’t just about avoiding large purchases—it’s about taking a look at everything you own and determining whether it’s necessary or replaceable. You might be surprised how much extra cash you have lying around when you’re done.
And if you’re looking for even more ideas on how to save money, check out our list of 100+ ways to save money every month. It includes easy tips like checking Groupon before going out to eat and planning meals based on what you already have in your pantry (or freezer).
7) Travel With a Buddy/Group
Carpooling or riding with a friend or family member is one of my favorite ways to save money on transportation. The cost of gas these days can add up quickly and be quite a bit more expensive than it is worth. Try splitting those costs with someone you know and enjoy traveling with, not only will you get to travel more but you will also reduce expenses along the way!
For example, if you live on campus, try carpooling off campus with other students so that each person isn’t paying for parking every day! Or even better, sign up for community carpools where multiple people can split an Uber/Lyft pool while only paying $1-$3 per person depending on how far they are traveling! Community carpools are especially great for long commutes like from home to work or vice versa.
8) Use Common Sense
For most Americans, saving money seems like a complete mystery. It’s not—the answer is actually pretty simple: be aware of what you spend your money on and keep track of it. If you do that, you can make sure that everything is as cheap as possible; if you don’t, then it will seem like a constant battle against hidden costs.
Of course, there are dozens of other strategies out there—ways to get free food at restaurants or store coupons—but they all rely on one basic principle: know how much things cost before you buy them. If that sounds obvious, it’s because it is; keeping track of where every penny goes (and which pennies belong to whom) helps us allocate our resources efficiently and smartly. In short, use common sense when spending money!
Saving money is a good skill to have. Whether you’re saving for a goal, planning a vacation, or wanting to buy something on sale, saving money can help you pay for it.
It’s important to always stay on top of saving money since you never know when an emergency will come up. Here are some simple ways that you can save some cash in your everyday life.