5 Ways to Save Money This Week

9:16 AM

Whether you live on a single income or you and your spouse both work, saving money can be tricky. Finding ways to minimize your spending isn't always simple and learning to cut corners can honestly kinda suck, but there are many ways you can reduce your spending and start saving.

Remember that even if you only save $5 a week, that's an extra $20 per month you didn't have before. Yeah, it doesn't seem like a lot, but it adds up over time. No matter what your personal goals might be for saving, take some time this week to consider how you can save money and start to reduce your overall expenses.

Right now, my husband and I both work, but we still look for ways to reduce our spending. We primarily want to save so we can travel. Even abroad, traveling isn't always cheap, especially when you have kids! (Many backpackers stay in hostels or crash on couches while they travel the world. This isn't an option when you have two children!)

If you're looking for simple ways to save this week that don't involve a lot of stress or work, here are five easy ways you can cut costs.

1. Stop drinking
Whether your vice is coffee, alcohol, or soda, stop! Save those pennies this week. Even if you're making vending machine purchases at work, those can quickly add up.

2. Plan ahead
What are you going to eat each day? Plan ahead and either bring snacks or coupons to minimize what you're spending on lunch.

3. Walk instead
Save that gas and walk to nearby places like the grocery store or convenience store.

4. Wait on the purchases
Do you really need to buy that today? This week? Why not wait a few weeks? Sometimes when you postpone a purchase, you find that you don't really need it or miss it.

5. Quit shopping online 
For me, shopping online is addictive. Take a break this week! You might be surprised at how many impulse purchases you make when you take just a short break from Internet shopping.

What other steps are you taking to save money this week? Leave me a comment or drop by my Facebook page to let me know!

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  1. Great tips! I couldn't believe how much we were spending on alcohol! Going out for a drink here and there a few times a month really adds up! I also find planning ahead for everything I can really helpful particularly with the grocery bill. You are so right on #4, if I wait the impulse to buy almost always passes, or I find something else I already have will make do.

    1. Same here! It amazes me how much we can spend on drinks - even things like juice and soda - without even noticing.