If you chose a money-related New Year’s resolution, you probably chose one of two: put more money into savings or spend less money. But as the year pushes on you may have noticed that it’s not that easy! As with any challenging habit to break, making wise financial decisions requires willpower, having a little financial savvy, and a few money-saving hacks.
There are a few easy money-saving hacks like bringing your lunch to work or kicking your Starbucks habit. But these tips take that your resolution to a new level. Here are four impressive money-saving tips and tricks that will stretch your dollar further while letting you still live life.
Instead of using your willpower to restrict your spending at the register, automatically transfer a percentage of your income right to your savings account. You won’t miss what you didn’t have!
Automatically transfer at least $50 of your paycheck into a Savings Account and you’ll be pleasantly surprised by how fast your wealth grows.
Do you want to feel good about spending your money? Try matching bad spending with good spending.
For example, maybe you love going out on the weekends and spending money on dinner and a movie. For every dollar you spend going out, match it with the same amount deposited into your savings account. This allows you to continue to enjoy living your life and spending money on things you enjoy without feeling guilty.
This tip is not just a great money-saving hack, but it’s also a great way to improve your quality of life. Walking to places that you need to go may require a little more time, but it’s an excellent way to add exercise into your busy schedule, and to be outdoors. It’s been showed that those that spent more time outside were happier, so lace up those walking shoes and save your gas dollars.
Save Money from Home
If you want to really save the big dollars, check out ways to save money from home with Amazon. Try switching some spending habits with a few money-saving hacks.
Amazon Prime. It’s no secret that Amazon Prime is one of the most valuable memberships online. From free shipping to heavily discounted items, Amazon Prime is the way to go if you’re trying to save money.
Movies and TV. Check out the Amazon FireTV Enjoy thousands of channels, apps, movies and TV episodes from Netflix, Prime Video, Hulu, HBO, SHOWTIME, STARZ, and more.
Trade-In. Want to make a few extra bucks? Try using Amazon Trade-In to trade in gently used books, electronics, tools, video games, and more for Amazon gift cards.