Sunday, August 16, 2015

Ways How to Save Money Fast

We are now living in a very fast-paced world. I think our money savings habit should also join the trend. How do you save? Do you just save if you have something in mind that needs substantial amount or the moment you think you really need it? Well its not the end for you, you can save money fast by some simple ways.

Saving money is actually a long process but sometimes we really need to save money fast to earn more and easily meet our financial goals. Saving money is not a joke as we need to consider a lot of factors like our salary and expenses but in the end of the day all our hard works will be rewarded. How to save money fast? We want to save money as fast as we can, so how can we do it? I compile simple ways on how to save money fast. 

Ways How to Save Money Fast


1. Sell Things on eBay or Organize a Garage Sale

Look around your house and try to find stuff that you are not using anymore.I think its the best time to eliminate some and sell it on eBay so you can save money fast. If you have DVDs, DLSR, used clothings, game consoles or other things that will give you reasonable amount sell it on eBay or if you have time during weekend have a garage sale. You can also ask your family members or friends to join you so that you can make more money.

2. Automate your Savings

One way you can save money fast is by automating your savings. There are now couple of banks that are offering this kind of product to help you save easily without minding it at all. You can schedule the transfer bi-weekly or monthly and decide if how much of your salary will be going to your savings. By this kind of method you can save money fast without noticing it.

3. Make Small Changes

For some making changes is very easy but for others it is hard to make some small changes. The best example of this is when you go to coffee shop everyday it is better to do it every other day or thrice a week. You can save easily and the few savings a week will add up overtime which you can use for more important things. Imagine if you save $25 a week you can save $100 for one month which is a good amount at a reasonable time.

4. Do Some Freelancing Gigs

Improving your cash flow will makes saving more easier and fast. If you have some skills try to find additional gigs during your free time. You can do blogging or do some online jobs which requires few hours a week. You can also learn new skills so that when you find some gigs there's a big chance of landing one easily.

5. Moderate Smoking and Drinking

We all know that vices are so expensive like liquors and cigarettes. If you cant stop it then do it moderately like if you are smoking one box everyday then go for half of it. Overtime the savings will add up and not just your savings will become healthy but yours as well. Its like hitting to birds with one stone.

6. Stop going to the Movie Theaters

How often you go to movie theaters? If you always watch the latest movies I think its time to stop it to save more money. The alternative of this is to just ask your friends if they have DVDs so you can still watch the movies you want. Delaying gratitude is very useful to help you save money fast.

7. Stop Buying Gifts for Others

How to save money fast but stop buying gifts for others? I know almost every month there's a two or three who have birthday or anniversary. Not giving gifts means you don't care much  to them. You can just send or make a personalize greeting which I am sure that they will appreciate it more than having expensive gifts.

8. Save Money at Home

Lessening your electricity consumption will help you save money fast. Some of the very easy ways are by unplugging your appliances when you leave or when unused, turning down the thermostat, and other electric saving hacks. This is one of the easiest way to do.

9. Collecting you Excess Coins

Everyday we have excess coins in our bags or pockets try to collect it and put it in a jar then called it a save money fast jar. If there are other people in your house tell them to put their excess coins inside the jar.

10. Stop Eating Outside 

One way to save money fast is by limiting or if you can do stop eating outside. Aside from you will use your car going to restaurant that will cost you additional expense why not try to just cook your own foods. 

Photo Courtesy : Newton Free Library


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