Are you looking for ways to save money? If so, you are in the right place!
Below you will find many ways to help you learn to save money and reach your money savings goals!
Some of these tips include affiliate links. If you purchase items through this link, Budget Chaos will receive a small commission at no extra cost to you. As always, I’d never recommend a product, service, or company that I personally don’t use or haven’t vetted myself.
100+ Ways to Save Money!
1. Order groceries through Walmart.com Pickup Service.
The absolute best way to save money habitually is using Walmart’s Grocery Service. Every time I go to Walmart for one item, I leave with five. The worst part is that I really didn’t need the other things! This is because Walmart and other retailers spend extremely large amounts of money studying customer behavior! They know your shopping patterns and can draw you to purchase additional items. Unfortunately, this service isn’t offered everywhere. But, if you are lucky enough to have it offered near you, I recommend you order your groceries here. Easily will save you $150 a month.
2. Bulk order common household products through Walmart.com.
We use Walmart.com regularly to get all of our common household goods shipped to our house at an extremely discounted rate. The key is to buy all of your common household items through bulk. The savings are enormous and most orders qualify for free 2-day shipping. Generally speaking, the difference between common household products is very small. Take advantage of the latest discounts from the different companies. We personally do this to save an average of $75 over two months.
3. Purchase all of your major items through Amazon.com.
The competition is fierce amongst companies on the internet. Nowadays, every company must have an online retail presence to stay competitive. That is why we do all of our major purchases through Amazon. You can easily so the prices across several companies for the same item and take advantage of the cheapest price. Additionally, a large number of people leave reviews on Amazon. You may find that the item you wanted to purchase is of poor quality and find a better product at a better price. We personally do this and have saved $100 or more on large, single item purchases.
4. Set a shopping budget for birthdays, holidays, and special occasions.
Again, when you are searching for specific items for birthdays, holidays, etc. it is best to go through Amazon.com. You can search across categories and find quality products that are in your budget. The most important part of this is to actually have a budget! We have been able to decrease our birthday and holiday spending by about 25% in the last year while still getting all of our family quality gifts for birthdays and holidays. This equates to about $100 savings during the holidays and about $50 annually on birthday gifts.
5. Prioritize Your Life.
You have 24 hours in a day – obviously. So you need to start structuring your day to accomplish everything you want to accomplish. You may realize you have the ability to start a side hustle to earn a little more money. When you increase your income, you are able to save more money! So cut off the TV and do something productive!
6. Reduce your cable service to more basic packages.
As Netflix and other TV and movie providers become more relevant, you can still get the premium channels without the premium price tags. We personally got rid of our movie channels because we weren’t watching movies enough to justify the additional costs. You can use Redbox to get new movies at a great low price! We save an average of $40 a month by going with the basic bundle.
7. Refinance your student loans.
When is the last time you checked to see if there are better student loan interest rates than what you currently have? I’m proud to say that I finally found a student loan comparison company that I can recommend for you to check out. LendEdu provides a free quote tool that shops amongst several companies for the absolute best rates and it only does a soft credit check. This means if won’t effect your credit score! You can find out more here. This can equate to annual savings of thousands of dollars.
8. Try a cash based spending plan.
According to the New York Times, buyers pay more attention to the cost of goods when they are using cash and are less likely to overspend. Amount saved will reflect in your ability to remain disciplined throughout the process.
9. Practice the 30-Day Rule!
Are you an impulsive buyer? I know I can be. When I decided to get serious about my finances, it helped me to institute the 30-Day Rule. The 30-Day Rule means that when you are looking to make a major purchase, wait 30 days before you pull the trigger. This will help you shop around to see if you can find a better deal, but more importantly, it will help solidify your decision to make the purchase in the first place. This was honestly my biggest financial struggle and once I started instituting this rule, has allowed me to make significant financial progress. If you are anything like me, this can save you hundreds of dollars on unnecessary purchases.
10. Consider a Reward Travel Credit Card.
Credit cards are not for everyone. But, if you can limit your expenses to budgeted items only and can pay off your credit card on a monthly basis then you may be able to take advantage of a reward credit card. Also, if you are in the military, you may be able to waive the annual costs. Check out my review on the elite Chase Sapphire Reserve Credit Card and the process I used to waive the annual fee of $450. We save over $1,000 on annual travel using these credit card benefits.
Ways to Save Money in Real Estate (Series)
I know the ups and downs that are associated with real estate. I compiled my best tips to help you with purchasing, renting, or selling real estate!
- 4 Easy Ways to Save Money on Your Next Home!
- 21 Things You Need to Consider on Your Next Rental
- How We Made $20,000 Selling Our First Home Without a Realtor
Do you have any money saving tips? Send me an email at: firstname.lastname@example.org and I’ll add it to the list! Let’s get to 100+ ways to save more money!
Want to learn more about making money? Check out my 100+ Best Money Making Tips!