Money-Saving Hacks to Give You Some Extra Cash
Take advantage of these money-saving hacks and watch your bank account grow!
Looking for a side-hustle to gain a little extra cash?
We’ve rounded up 4 of the greatest money-saving hacks that even the busiest of bodies can incorporate into their routines.
The pandemic hit most of us pretty severely in the financial department. If you're still reeling, try incorporating these money-saving hacks into your life. These simple techniques are ones that everyone can accomplish, and overtime they’ll help your relationship with money in general.
Get ready for a Spring full of savings with these helpful hacks!
Make your savings automatic
If you have problems sticking to savings goals or if the whole savings topic gives you anxiety because you don’t even know where to start, automatic savings are for you! Look into having your bank or direct deposit put a certain amount of money into a savings account each time you get paid! Apps like Qoins round up every purchase you make and put that money into a separate savings account so you can save money without even thinking about it.
Purge your home and sell your things
One man's trash is another man's treasure. Well, not actual trash, but that old lamp that's been gathering dust in your basement or that sweater you haven’t worn all year might just be exactly what someone else is looking to purchase. You can actually make money from cleaning your home and purging the things you’re not using anymore. Apps like Poshmark, Depop, and OfferUp offer quick and easy ways to get rid of your stuff for whatever price you choose. This is a great way to make (and save) extra money while also promoting sustainability by reusing items and giving them new life (rather than simply throwing them away).
Watch how you’re eating
Eating out is one of the biggest money-drainers of them all! We waste thousands of dollars a year on takeout, lunch, fast food, fancy dinners, morning coffees, and other totally avoidable meals and drinks that we could have just made or eaten at home. Less eating out will allow you to save more money. It all comes down to being prepared and committing to eating more meals at home.
Another food-related way to cut down on spending and to ultimately save more money is to opt for no-name alternatives while grocery shopping instead of buying name brand options for every product you purchase. Most times, the no-name brand is the exact same product as the branded option, and the only difference is the money they spend on the actual branding and advertising (that makes you think it's the better option.) The price difference and the amount you can save by making this simple switch will blow your mind!
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