Financial Tips

Financial TipsSaving money and budgeting can look almost impossible when everywhere we go there seems to be some type of expense. Are people actually doing it? How are they staying committed? Well, budgeting can actually be fairly simple. That is,when you’re truly committed.


These ten budgeting and savings tips can be used starting today to bring you a steady financial future. We’re not going to ask you to only eat one meal a day and or sell all your possessions. These are realistic and achievable saving techniques that you’ll certainly want to oblige to if you’re saving or strategizing a budget.


  1. Sit Down With Your Money 

Have weekly updates with yourself on spending. Have you spent more than you desired on food or entertainment? Are there unexpected costs that you didn’t factor? Updating yourself on your weekly financial state will help your budget stay on track. A lot your spending based on a mapped out, goal-oriented course.

  1. Cut Out Cable

There are several low-cost streaming services available, such as Netflix, Hulu, or Amazon Prime, making cable look like an extra expense you could live without. Cable costs are only increasing and likely to rise to an average of $123 per month or $1,476 per year. That’s quite an amount of money that could be saved.

  1. Save On Food

Food is an indispensable need so you can’t cut it out. Although what you should cut is your spending. There are many ways to save on food costs that you just probably hadn’t considered or really committed to. For example, plan your weekly cook at home, have a potluck with friends in place of going out, or make your own coffee. Quick bites here and there can really eat up your dollars, so it’s all about strategy. 

  1. Travel Financially Smart

Modern leverage lodging rental websites like Airbnb, Travelmob, or Housetrip, allow you to find a place to stay for vacation at a fraction of hotel costs. Plus these places often have kitchens you could cook in (to save more money) and you at the same time you could rent out your place (more money!).

  1. Work More 

This one looks evident, but if your job lets you, be sure to do it. If not, you can get a side job or freelance. This also decreases time for spending. 

  1. Wait 48 Hours Before You Click “Buy”

Don’t buy items on a whim. Particularly in the era of online shopping, wait at least 48 hours before purchasing. If you still need it and can afford it, buy it. If not, then don’t click “buy.”

  1. DIY

You can find a multitude of “do it yourself” instructionals online to help you either fix things, create unique presents, make household beauty treatments, and more. Save money while learning a lifelong skill.

  1. Impress Yourself, Not Others

Be impressed with your savings growth rather than attempting to keep up with other people’s spending behaviors. Simply because someone has an elaborate car or fancy purse doesn’t mean you need one. You can impress yourself with your money saving talents.

  1. Chill With Your FOMO

 The same idea applies with the “fear of missing out” or FOMO. Just because someone invites you out, doesn’t mean you have to go. You’ll end up happier with your savings achievements, and than if you went skipped out on dinner for one night.

  1. Don’t Get Discouraged

Your savings may not be increasing exponentially, but that doesn’t mean you should give up. Start by taking small steps and you’ll quickly make a habit and then a lifestyle out of budgeting. Saving one percent more is far better than doing nothing; so do your best and stick it out.