10 Easy and Effortless Ways to Save Money

Saving money is a huge and painful task for many. No matter what they do, they simply cannot get around do saving more money. They desperately ask “how can I save money?” Depositing money into your saving account each month isn’t enough. For some people, they do not have money to save some in the first place.

Fortunately, there are some smarter ways to save money without giving up on your favourite things. If you are one of those people who are looking for simple and effortless ways to save money, here are some tips for you. Some may work for you and some may not. Read them anyway and tell someone who might benefit from them:

Delay that purchase

How can I save money when I need so many things? This is the question most people ask when it comes to saving money. Advertisements are so persuasive that you immediately want to buy that thing even if you don’t need it. This instant gratification is unfortunately the reality of the present time. So, all you need to do is delay buying things just because you want or feel the urge. Wait for a few days, week or even a month. After that if you still want it then go for it. It so happens that when you delay buying things you realise that you don’t need them. This realisation will help you save money on expensive buying.


Sometimes DIYs can work wonders. Try making gifts at home instead of buying them from the store. There are plenty of cool videos online that will teach you to make gifts at home that too without spending money. You can make cookies or cards at home and make it personal so that the person you are gifting feels like you have made an effort. The next time you think”how can I save money on expensive gifts?” Think DIY.

Homemade foods are the best

Why eat all the junk outside when you can make simple and healthy food at home and feel just as great? Start packing your own lunch or cook dinner at home, and you will see a remarkable difference in just a few days. If you think you don’t have time you can do batch cooking for the whole week. This way you will not only stay healthy you will also save plenty of money.

Sell things online

There are plenty of things lying around in your home that you no longer need like your old clothes, books, CDs and DVDs, furniture, gadgets and other stuff. You can sell them online on websites like eBay that sell used products and earn some extra cash. Or you can barter them for other things you need with people who are selling things they don’t need.

Avoid Credit Card Debt

Paying debt is one of the painful tasks that people have to do when they don’t have money and use the credit card. Quit using the credit card for a while. The additional debt isn’t helping anyone. To remove the temptation, just leave the card at home when you are going out. One of the biggest reasons for the mounting debts for people is the credit card. It gives you the buying power, but it takes away so much more.

Buy online at cheaper deals

How can I save money on online shopping? One of the best things about shopping online is that you can compare rates and buy the same stuff at cheaper rates. Also, online stores are always offering things on sale and at discount prices. You can take advantage of the online offers and buy things you want at cheaper rates.

Cancel unused subscription and membership

With the automated deduction of money from their account people may forget they are spending money on unused subscriptions and memberships. If you have a gym membership but you barely go there, cancel it. Likewise, make a list of things that you have subscribed to like a magazine or TV channel and cancel them if you don’t use them often.

Put Up reminders

If you have the habit of forgetting how much money you owe on the debt, then you need to put on a visual reminder to help you remember things. A post-it note, a reminder from the app on your mobile, a visual board – any of these things can serve the purpose of reminding you about your impending debt.

Review before you buy

Before you buy that new clothes or shoes from the store make sure that you have gone through your closet. This will help you determine whether you really need new clothes or shoes. Often people forget how many clothes they have at home. Some of the clothing items may remain at the back of the closet unused for all those months.

Travel smart

One of the daily expenses for people is travelling. Try public transport for a change instead of taking your own car. This might help you save a few bucks on the gas money. You can carpool with your friends and family when going to the same destination. Travel smart and save money.

These are some of the easy tips that can help you address the question how I can save money. These are some of the simplest and effortless ways to cut down the cost and save money.

Try some of these tricks now.

Simple Money Saving Habits That Works

The biggest obstacle to saving money is actually getting started. The rest is a cakewalk. Most people get overwhelmed at the prospect of saving money. How do they start? How much is enough to save? What saving account to choose.

These are some of the questions that make people hesitate when they think of saving money. They start thinking if they save will they be able to meet their current financial needs? The simple answer is yes. Even saving at just $50 every month is an investment.

You can simplify the money-saving tasks so that it does not feel overwhelming.

Start Small

Start saving money with a small amount. Think of any amount you are comfortable with. It can be just 1% of your salary for now. For most people, this will be a very comfortable situation. When you have built a habit of saving, you will gain more confidence and gradually you can increase the saving amount.

Know where you are spending your money

Keep track of your expenditure so that you can weed out the unnecessary expenses. Record the expenses in an excel sheet. Include everything like from small to big expenses – coffee, debts, daily snacks, magazines and everything worth mentioning. This will help you get a picture of what your expenses look like. You can always cut down on that coffee and start saving that money. Small cutbacks will motivate you to save more.

Differentiate between needs and wants

It is important to be aware of what you actually need and want. Your monthly budget should be divided into needs and wants. Paying rent is a need, buying extra clothes is a want. Pay attention to things you actually need and refrain from spending money on unnecessary things you want to buy on impulse. This will make a huge difference to your money saving capabilities.

Give yourself a purpose to save

Whether it’s the house that you want to buy or want to save for your retirement, choose a cause and you will feel more motivated towards saving money. Star saving money with a strong purpose in your head – emergency fund, retirement savings, buying a car, paying the loans and etc. Having a purpose also gives you an idea as to how much you need to pay each month to reach your goals. Setting goals keep you on tracks.

Make it automatic

One of the simplest ways to make saving easy and effortless is to automate deduction from your account. This takes away the burden off you to deposit the money on your own. Automating also keeps you on track. You don’t have to remember it to do, so you don’t have to worry about it. This also reduces the chances of you getting sidetracked by a temptation to use that money on other kinds of stuff.

Check Progress

After you have started saving money you need to check every once in a while to see how much you have saved. This is very important since it boosts your confidence seeing how far you have come. Once you see how much you have saved, you will be encouraged to save more for the future.

What’s next?

Now that you have started saving money and have got pretty good at it, you need to take the next step. You can start planning your saving based on your needs.

  • Daily Savings

This is essential for taking care of your daily needs. Every day you need something for your home, office or lifestyle. Keep track of things you are buying and at the end of the day empty your pockets and wallets and see how much you saved today. You can put change into a jar or somewhere and when you have reached a decent amount you can save the money in your account or use it to buy things next month. Every penny counts when it comes to daily savings.

  • Monthly Saving goals

Monthly expenses may include your rent, payments toward loans and bills like electricity and internet. See if you can reduce the expenses in these areas. For instance, you can cut down on the internet bill by signing up for a more budget-friendly package. Likewise, you can also try to reduce the payment towards your loan payment like the student or car loan.

  • Long Term Saving Goals

Long-term savings include your retirement fund or emergency fund. You can start saving money for your long-term goals. This should be on your list when you have crossed the age of 30 or are at a very comfortable position in your career. Remember, the earlier you start the better. But don’t feel the pressure to save. Always focus on your present financial situation and adjust your saving accordingly.


There is no right time to start saving money. Start whenever you can. Start saving as much you can. Start small and move gradually towards the larger saving goals so that you don’t feel overwhelmed. The point is started no matter where you are financial.

Start saving now.