We all love quick ways to save money! So if you're wondering how to save money, rest assured that it's much easier than you might think. You just have to put a little effort into it. Below are my top 10 tips for how to save money that can help you start saving more and jumpstarting your savings or debt repayment.
"Saving money is easier than you think sometimes. All you need is a little effort."
1. How to save money on grocery shopping
When you go grocery shopping, the key to success is to make sure you go with a full stomach and a list! This way, you'll be less likely to deviate from your shopping plans and can avoid blowing your budget.
You should also review everything you plan to buy on your list in advance and consider buying generic or store brand for certain items. For many items, there really isn't much difference between the brand name and the generic item.
In addition, don't buy to stock up. Instead, just buy what you need for the week. This way, you'll reduce waste and avoid ending up with food you don't eat.
2. How to save money on car insurance
If you have a good driving record, have never had an accident or gotten points on your license, it might be worthwhile to contact your car insurance provider to see if you can get a better rate. In general, it's a good idea to compare car insurance rates with other companies as well to make sure you're getting the best deal out there.
3. How to save money on your cell phone plan
There's always a cell phone deal going on! Whether it's for more minutes, more data or for an overall better phone service package. Give your cell phone service provider a call and ask. Worst case scenario, you can threaten to cancel.
There's so much competition out there, they might just have a special retention offer available so they can keep your business.
4. Avoid monthly bank fees
If you are paying monthly checking or savings account fees to your bank, you need to switch banks immediately. Check out bankrate.com to find out about which banks offer free checking and savings accounts. Credit unions are a great place to bank when it comes to free accounts and more personalized customer service.
In addition, there are several online banking options—some of my favorites are Rize and Chime.
5. Declutter and sell things you don't use
De-cluttering is such a good feeling. And if you can make money while you're at it, why not? Some great places to start decluttering are your closet and your kitchen.
Find out where your local consignments shops are, ask your friends if they are interested in any of your items or set up an online account on a website like tradesy.com, etsy.com or ebay.com.
6. Take a break from shopping for non-essentials
Separate your wants from your needs and put your wants on the back burner. Hit pause on that handbag or shoe purchase for now. You'll be surprised how much money you save by only purchasing the things you really need.
This exercise will also give you an opportunity to become more aware of your spending and help you prioritize your finances.
7. Eat in
If you find yourself eating out several times a week, make a conscious effort to cut it down to only once or twice a week. Eating out adds up fast! So as an alternative, why not break out one of your cookbooks that's been sitting neglected on your kitchen shelf? Don't own a cookbook? Pinterest, Instagram, and Youtube have amazing visuals and recipes you can try out.
8. Do your own hair and nails to save money
Instead of going to your hairdresser or to the nail salon every week, you can save money by going every two weeks or once a month. Do your own hair and nails on your own during that time in between. Put those products you've stocked up on from the beauty supply store to work for you.
9. Stop using your credit cards / Cancel credit cards you no longer use
How to save money on those expensive interest payments? A sure-fire way is to stop spending on your credit cards. Take them out of your wallet, put them in the freezer, delete them from your online accounts and instead, focus on paying down debt.
10. Cancel that gym subscription
Instead of going to the gym, work out at home. There are loads of really great at-home fitness programs that you can purchase at a fraction of the cost of a gym membership. YouTube is also a great resource for online workout videos.
Even if you just pick a couple of the above 10 tips, they're a great start if you're wondering how to save money starting right now!
is the founder of Clever Girl Finance and she's passionate about helping women take control of their money so they can live life on their own terms.