Saving money isn’t just about getting a great deal on a big purchase or putting a percentage of each paycheck into a rainy day fund. Make saving money a daily habit with some of these small steps:
- Change the time when you normally go out. Happy hour and movie matinees cost less than dinner or evening showings.
- Find out what your library has to offer. You know about the books already, but your local library may also have a multitude of movies, magazines, CDs, museum passes, and even a “library of things” (think kitchen or gardening tools) you can check out for free.
- Make double batches of dinner for next-day leftovers or freeze the extra for nights when you might otherwise get take-out.
- Choose fabric over paper. Keep a stash of cloth rags in the kitchen to use instead of paper towels. Use cloth napkins instead of paper ones.
- Shop secondhand. Browse local thrift stores, garage sales, or check out online auction sites like Ebid.net.
- Set up an auto-transfer to savings accounts or IRAs. An automated bank transfer will help build your savings with zero stress. Even a small amount, bi-weekly or weekly, is better than nothing.
- Eat more veggies. Meat generally costs more, so swap it out for more vegetables. Beans, for instance, are filling and crammed with nutrients.