Saving money can be tough sometimes, especially when you are young. The temptations of food, and other luxuries always seem to bring your wallet out of your pocket. Saving money was really hard for me at times, so I can up with some tips to help you save money, like it did me.
The most tempting thing that sucked my money away was food. I have friends everyday that text me and ask me if I want to get food. Five to ten dollars spent on food here and there doesn’t seem like much, but let me tell you, it really adds up. In one month I saw my bank account go from 150 dollars to almost nothing, all because of food. I really needed to cut back on how often I bought food, and that’s what I did. I only bought food when I really felt that I needed it, or there was no food at home.
Loose change is something we all love, it gives us some money to buy a drink or a slurpee at anytime. One thing I found really helpful in saving money was collecting this loose change in a jar rather than spending it on little things that are gone in five minutes. Over time the jar fills up all the way and after returning it, you end up with some real cash, cash that you can save.
One last thing I found really helpful while saving money was saving every 5 dollar bill I got. Every time I got a five dollar bill, no matter the circumstances, I put it in a glass jar and didn’t break it until it was full. At the end I broke it open to find that I had 100 dollars! 100 dollars in less than three months was really good, it was money that I worked hard to save and I got to spend it on something I could enjoy.
Do you have problems saving money like I do? Have you used some of the same methods I did to save money? What were some other methods you used to save money? What were some of the things you found yourself spending money on that you didn’t need to?