4 Ways To Save Money That You Haven’t Thought Of

From a young age, most of us are taught that saving money is something we should all strive to do when we are older. And while most of us who are now adults know that, we have a hard time actually doing it and putting our money saving plans into action. This can be for a number of reasons such as low wages, forgetting to save, too many expenses, outlandish spending and more.

While many think simply spending less is the way to save, that is only one of many potential solutions that you can use. In reality, there are dozens of different ways you can save some cash. This article is going to take a closer look at four ways to save money that you likely haven’t thought of or utilized before.

Cut Down on Unneeded Subscriptions and Memberships

The things that can often impede your saving more than anything else is the automatic expenses you have every month. This can include everything from cable, to a gym membership, to Apple Music and everything in between. While many of these are nice to have, you might not really need them and/or their might be cheaper alternatives.

You need to take a look at all of your subscriptions and see which you need, and which you simply like having. By eliminating these recurring costs that you don’t need, you will be shocked at how much more money you have available each month.

Carpool on the Way to Work

Depending on how far you live from work, your commute can be not only take a lot of time, but also a lot of money. Gas is not cheap right now and it can be a significant cost, especially if you are driving half hour or more each way.

Saving money on carpooling can add money to your pocket in a way you wouldn’t believe. Simply ask a co-worker or a neighbor who may happen to work near you to see if they would be interested in carpooling with you to work every now and then. Could be a great way to not only save money, but bond with a coworker.

Use Technology To Your Advantage

Technology has helped make our lives more efficient in dozens and dozens of ways, including helping us to save money. There are a variety of pieces of software and apps out there with the goal of helping people save more money.

Some may make it easier to budget, some might help you find deals at the store and others might even allow you to save money or invest automatically. The best thing is, many of these apps are completely free to use as well, which is a nice added bonus.

Use the “48 Hour Rule”

This is a common tactic that people will use to help reduce spending too much money on unnecessary things. This rule involves writing the item down or making a mental note of it, and then waiting 48 hours.

If after waiting for 48 hours you still want to make the purchase, go ahead and do it. This helps reduce impulse buys and can save you a lot of money over time. This is only one of several different little tactics that you can utilize to help address your spending problem if that is something you have.

In conclusion, saving money isn’t always easy, but we hope that the tips included in this article can help you reach your financial goals quicker and easier. While they can help you succeed, your financial success ultimately comes down to you putting in the work and making an effort to save.

 

Join our newsletter

If you like Critical Financial, subscribe and get our latest content via email.

Powered by ConvertKit

Share this post:

Recent Posts

Leave a Comment

*

May the 4th Be with You: Star Wars Swag on Amazon

May the 4th Be With You: Star Wars Day Swag

It began as the punniest holiday ever but quickly grew into an earnest (if somewhat random) celebration of the long-running (and still... more →
People count the money to buy a house in future success.

Avoiding Mortgage Scams: Don’t Fall for Unreasonable Promises

If it sounds too good to be true, it probably is. That’s sound advice for almost all aspects of life, including the search for... more →
Eat for free for a whole month via the meal kit companies discounts for new customers.

How To Get a Month of Free Food: 9 Meal Kit Companies Offering Discounts to New Customers

Play your cards right and you might be able to line up a month’s worth of free meals if you were to try out all nine of the meal... more →
Generate extra cashflow -- here are 97 ways.

96 Awesome Ways to Generate Extra Cashflow

Who doesn’t want more money nowadays? We’ve got you covered on that front. Here comes a long list of different ideas on... more →
Valentine's Day gifts that won't destroy your budget

Valentine’s Day Crafts Are Romantic Rescue from Crazy Inflation

Fall for the hype this week and you’re out an average of $143.56 for Valentine’s Day. Crafts and other do-it-yourself tactics... more →

Ultimate Guide to Bitcoin — FREE Ebook!

Have we got something for you: a free ebook about bitcoin! more →
Get a flu vaccine.

Why You Need To Get a Flu Vaccine Right Now

Flu vaccines aren’t just for the elderly  anymore. Here are 25 reasons you should go get vaccinated. more →
Financially successful

Acquire the Trait All Financially Successful People Have

Financially successful people tend to all have a lot of self-discipline. Improving your discipline in one area of your life often spills... more →

What’s the Best Free Recipe App?

The Apple Store and Google Play together offer more digital cookbooks than you probably have room for on your mobile device. So which... more →
New tax law might slow down housing market.

What Will the New Tax Law Do to the Housing Market?

The new tax law will have a profound impact on the housing market, although in ways that go beyond the deductibility of mortgage interest... more →

4 in 5 Households Will Get a Tax Cut in 2018

Four out of five U.S. households will get a tax cut as a result of the legislation that President Donald Trump signed into law today. more →
Will bitcoin reach $100,000?

When Will Bitcoin Reach $100,000?

Bitcoin has accelerated its pace of appreciation in recent months, and if the current levels between $15,000 and $19,000 make you itch... more →
The Dow Jones topped 24,000 -- now what?

The Dow Jones Crossed the 24,000 Threshold. Now What?

Stocks appear to be increasing in volatility, yet the markets closed on Monday, December 4 with the Dow Jones Industrial Average is... more →
Peer mortgage

Should You Get a Peer-to-Peer Mortgage?

If you can’t get approved for a home loan from a bank, you might want to look into applying for a peer-to-peer mortgage. more →
Investment gifting is awesome.

4 Things To Know Before You Donate an Investment

While donations of any kind are appreciated, gifting investments benefits both the giver and the receiver. Here are four key things... more →
Are you wondering: What's the Relationship Between the Stock Market and Federal Debt?

What’s the Relationship Between the Stock Market and Federal Debt?

Wouldn’t it be wonderful if gains in the stock market could actually reduce U.S. government indebtedness? If that were true,... more →
20 Cheap (and Healthy!) Grocery Items to Stretch Your Budget, grocery shopping, food shopping, food budget

20 Cheap (and Healthy!) Grocery Items to Stretch Your Budget

Saving money on groceries interests me quite a lot! Probably because it’s something we all must do. On a weekly basis, we must decide... more →