There are many ways to make extra money out there, but sometimes there is nothing is more efficient than spending less to have more. It doesn’t have to be painfully hard as it seems, as there are some ways to do it with little action and no regrets. Here are 5 good ways to save some money without much extra work.

#5 Control Spending And Automate Savings

Many of the financial tasks you perform can be tracked and controlled in different ways. You could use a software or app to keep track of your spending, and different tools to manage your budget through spreadsheets records. It is important to stick to a plan if you want to have control of your money and make a good use of it.

Automate your bank to deposit a certain amount to your savings account every month. Since you don’t even have access to the money, there is no risk on spending it in the first place. You may also consider to adopt “no spending days” in your routine, at least once a week and see how much you can benefit from it.

[MakeUseOf] [Wise Bread] [The Huffington Post UK] [I Will Teach You To Be Rich]

#4 Cut Down Or Cancel Unnecessary Services

You might be surprise by how much you could save with unnecessary services, starting with website and magazine subscriptions that you no longer use. You can also work on cutting costs, like lowering your internet speed with a cheaper plan, but that doesn’t affect you in any way. These changes may also apply for mobile plans.

Still paying for the gym that you no longer go? Just cancel it. If it is for the lack of time, you might as well go with home exercises. You can try to negotiate lower rates with the credit card company, TV cable services or even your car insurance to save a little more.

[Financial Post] [POPSUGAR] [So Over This] [I Will Teach You To Be Rich]

#3 Reduce Housing Expenses

You can prevent extra expenses by focusing on behavior changes and more efficient use of resources. I know this doesn’t seem to be an easy way, which contradicts to what this whole post is about. But the thing is, when it comes to behavior change, you have to take one step (and a bill) at a time, usually something that doesn’t affect you and it may seem like a no brainer, but you’re still not doing it for some reason.

Using electronics consciously may have a huge impact on your bill at the end of the month. Consider spending less time in the shower, and even setting it to a low flow state for an extra benefit. Avoid spending energy unnecessary with outdoor and indoor illumination. For the thermostat, you can adjust it in accordance to your needs or even use a programmable one for that.

[The Boston Globe] [Gun And Camera] [Reader’s Digest]

#2 Change Your Buying Mindset

Consider investing on used books, or digital books for an even better choice, which are usually cheaper than their printed counterparts, saving you not only money, but also space. You can save more just buying used stuff, ranging from furniture to car. Buying online also have its benefits, allowing you to do your research to find the best options and save both on product and shipping price.

Buying with credit cards is kind of like cheating your brain, since it doesn’t give you the impression of actually losing something. This is even worse when in debt, because you are basically spending money that is not yours, but you will have to pay somehow in the future, with rates. Before buying something, think for a moment “Do I really need this?” or “Will this purchase still be valuable for me one month from now?”. Trendy clothes that you will only use a couple of times? Nah… A new iPhone every year? Really?

[StyleCaster] [TheSimpleDollar] [Greatist]

#1 Saving Money On Groceries

You can save a lot of money by just buying mindfully on groceries. Remember to make your list first to avoid buying unnecessary things later. Do your research, since for certain types of products, like cleaning, there are far cheaper alternatives to choose from. Use coupons whenever you can and watch for sales prices. One good thing is buying in bulk, just be careful to what you’re going to buy, since items like perishable goods require a special attention.

Buying from brand names can be really tempting, but may ruin the whole plan if you’re not attentive enough. All options are easily available for you in the same section, so you only have to look and make your choice based on your budget and what is essential from the product. There is one more thing to add that might change this whole strategy, which is cooking. If you want another option besides eating snacks and eating out, learning how to cook brings a lot of benefits for eat at home, making you save even more.

[TIME] [The Huffington Post] [POPSUGAR] [Care2] [he Penny Hoarder]


These are very good tips to start saving money. You can find many more from the referenced links or out there on the internet. For debt problems, I recommend the book I Will Teach You To Be Rich by Ramit Sethi. You might even think “What the heck! What kind of title is that?”, but don’t hesitate. This book might actually help you get out of debt, manage your finances and automate your savings. And no, this is not an affiliate link to give me money. I actually read it and I know what I’m talking about.

photo credit: Pink Piggy Bank via Public Domain Pictures

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