8 easy ways to save money

8 Easy Ways To Save Money And Enjoy Life At The Same Time

But let's face it, it is almost impossible to save money when you do not have a big salary.


We have been raised with the idea of how important it is to save money for the future, for travel, for an emergency, for buying a new car or house. Saving money is essential to achieve many of our goals. Having an active saving account is proof that we are organized and good planers.

But let's face it, it is almost impossible to save money when you do not have a big salary. Sometimes, even having a good income, it is difficult to spare. You will not read in this article that you should save ten percent of your income, or about an exclusive investment bank account. I only want to share with you some tips I always use to have some extra money.

1. Homemade meals.


I know how hard it is to make three meals every day. Like you, I am too lazy for it. The worst is sometimes my food does not taste good. It is easier to buy food which is already cooked (by an expert). The truth is cooking can help you to save a lot of money. For example, buying one meal can cost over $10; think about three per day. On the other hand, if you make your food, you can spend less than $3 per meal. You can save 60% of your budget from food.

2. A single per day.


Here is an idea. If you keep $1 per day, in one year, you will save $365. It is not a significant amount, but it is enough to have a short trip, or a special weekend, or an expensive concert. Easy, no?

3. A cup of coffee.


Every time I need to save money, I start with the coffee. I love coffee; most importantly, I love the cup of coffee I do not make. However, we can increase our saving accounts with homemade coffee or tea. With some math, a cup of coffee can cost over $3; if you buy coffee four times per week, you spend $624 per year. Who wants to make some coffee now?

4. No credit cards in the wallet.


A right way I do not spend money is by keeping my credit cards at home. The temptation is significant when you have a plastic card with the capacity of paying for almost anything you want. With my credit card away I save money and I keep my credit score high.

5. Don’t buy what you don’t need.


I love to buy clothes. Even though I always buy when there is a clearance or sale, the truth is I get a lot of pieces of clothes I do not need, or I already have. It happens all the time; you want to buy a pair of shoes you do not need. Take that money and deposit it in your saving account. You can do the same with your subscriptions. If you are not watching your cable, going to the gym, or reading those magazines, just cancel them.

6. Saving one kind of bill.


I have a friend who keeps all the $5 bills he gets. Let me tell you, at the end of a year he saved around $500. You can do the same with singles or $10 bills. It could work.

7.  An inaccessible saving account.


The only way I can withdraw some money from my saving account is going to the bank office or the ATM. My debit card does not work in a point of sales; then, the way to access my money is difficult. I am more lazy than wasteful or spending.

8. Parting with a budget.


Even though we want to save money, we want to enjoy life. It is healthy, and parting and hanging out with our friends are part of the diversion, but they do not have to be expensive. You should start having a budget. In my case, I only go with the money I want to spend in cash. There is a way not to spend more than I plan. Also, you don't need to go to eat, drink and dance, all in the same day. You can eat at home, drink something (only if are not going to drive), and only enjoy the dancing with a couple of drinks (to enjoy the night, you do not need to get drunk either).

There are some tips. Of course, the main ones are always to have a budget and not to buy unnecessary stuff.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Taylar Banks

May 25, 2020: the day that will forever be remembered as the day George Floyd lost his life at the hands of cops.

The day that systematic racism again reared its head at full force in 2020.

Keep Reading... Show less

These 17 Black-Owned Businesses Ship Baked Goods, Rosé, And Even Fried Chicken Nationwide

Eat your way through this country's greatest food — from your couch.

Call it the easily bored Gemini in me, but I'm constantly looking for new food to try. Usually, travel quenches my taste for new and exciting cuisines, but given the fact that international travel is not always a possibility, I've begun exploring alternatives.

In the interest of wanting to support the Black community and Black-owned businesses, and also wanting to try some of the country's greatest food without having to get off my couch, I started off (pessimistically) doing research, only to find that the options were vast.

Keep Reading... Show less

24 Beauty And Style Brands Donating To The Fight To End Police Brutality Against Black People

From small, boutique brands to legacy fashion brands.

The worlds of beauty and fashion often collide, whether for good or bad. In both, underrepresentation has always been, and remains to be, a major unresolved issue. After the recent killing of George Floyd, many people are rightfully enraged, compounded by the fact his death in police custody wasn't an isolated incident.

Police brutality against Black people is not new, and isn't going away till we start dedicating resources to fighting it. Many of us, as individuals, have only begun in the last week scratching the surface of what it means to educate ourselves on race, historical race relations, and how to be an ally to the Black community.

Keep Reading... Show less
Health and Wellness

Feel A Lil' Better: Because You Can Still Connect While Disconnecting From Social Media

Your weekly wellness boost from Odyssey.

No matter how good (or bad) you'd describe your health, one thing is for sure: a little boost is ALWAYS a good idea. Whether that's reading a new, motivating book, or listening to a song that speaks to your soul, there are plenty of resources to help your health thrive on any given day.

I don't know if you've heard, but there's a lot going on right now, particularly in relation to George Floyd's death, Black Lives Matter, and public protest of racial injustice in the United States. While we can all agree that this deserves conversations, change, and actionable good, social media arguments with Great Aunt Linda are not where social change begins and ends. Spending too much time scrolling through your phone has never been healthy, but now it's even more addicting — what does that one person from my hometown say about this? How can I further education within discussions? Am I posting enough?

Keep Reading... Show less

I don't know about you, but reading is at the top of my to-do list this summer... especially with all the social distancing I'll still be doing. If, like me, you're hoping to pick up a romantic page-turner (or a couple dozen), here are 23 romance novels by Black authors you'll absolutely LOVE reading.

Keep Reading... Show less

22 Black-Owned Etsy Shops With The Perfect Gifts For Everyone In Your Life — Including You

Treat yourself and your loved ones while supporting Black creatives and artisans.

R-KI-TEKT, Pontie Wax, Lovely Earthlings, and blade + bloom on Etsy

The world is taking action against the injustices and under-representation plaguing Black lives, and one small but impactful thing you can do to actively make a difference is support Black-owned businesses.

Etsy is likely one of your go-to sites for gift-buying, but have you ever paid attention to which independent artists and sellers you're buying from?

Keep Reading... Show less
Health and Wellness

True Self-Care Is HARD, That Face Mask Isn't Actually Going To Solve Your Problems

There's a line between self-care and self-destruction.

Anyone who hasn't been living under a rock for the past few years has seen something somewhere about self-care whether it was on Facebook, Twitter, or their Instagram feed. Oftentimes it's pictures of celebrities or influencers sipping green smoothies or slathering on mud masks with #selfcare. It's posts like these that made me realize that "self-care" has become the ultimate buzz word, soaring in popularity but in the process, it's lost most of its original meaning. It's time to set the record straight and reclaim the term.

Although self-care has been around for quite some time, within the past few years it's been misconstrued and commodified as our capitalist society tends to do with things it thinks can be profited off. Self-care is now being peddled as something that can be bought and sold on the shelf at Target rather than something that takes real work to achieve. This fake self-care movement is not only enabling people to over-indulge themselves, but it has created a crutch for people to avoid the responsibility of taking true care of themselves. Instead of doing the work that needs to be done, many people fall into the trap of rewarding themselves for doing nothing at all — this can quickly become an unhealthy coping mechanism, especially with corporations cheering us on (to buy their next product). Long, hard day at work? Just grab your third iced coffee of the day! Fight with your SO? Buy that 50-dollar face mask, it'll make you feel better! This is how self-care becomes self-sabotage and self-destructive.

Keep Reading... Show less

Minorities are consistently under-represented in our day-to-day lives, notably in the world of fashion. It's likely you're looking for a way to support black artists. Whether that's the case or you're just a fashion-lover in general, these brands aren't just some of the best black-owned fashion brands — they're some of the most innovative brands of our time, period.

From luxury staples to fun accessories and loungewear, these brands aren't just stunning names you should definitely be following on Instagram, each honors the founder's roots in unique ways with the power of storytelling through artistic expression that manifests in pieces we can't wait to wear.

Keep Reading... Show less
Facebook Comments