Easiest Ways to Save Money

Easiest ways to save money to get out of debt and start living off the land include ways you might not expect. It's not so much giving up the big car payment or mortgage (although these can certain help), but rather examining and changing the little things. 

easiest ways to save money

Because it's the small things - that cup of coffee you buy every morning, or those movies you rent more often than you should, or that fast food you picked up on your way home - add up over time. 

It's those small purchases - as well as the large ones - that eat away at your funds to the point where you run out of money one week before payday. The good news is that with a little awareness and management, you can get those under control and save money. 

Budgeting is a lot like losing weight. You might lose weight in the short run by depriving yourself, but if you change what you eat and avoid those little snacks in between meals, then you will lose weight and keep it off over the long run. The same is true with your budget. 

By taking a good, hard look at what you spend your money on, you can change your habits and gradually cut back on spending, giving you enough money to last until the next payday and even pay off those debts.

Here are some ideas on how you can easily save more funds each month.

Looking at the Simpler Things

One of the best ways to save money is by looking at the smaller ways you are spending money every day. It's the little things we think don't matter that eat away at our funds in big ways.

Keep a Daily Expense Journal

Start by purchasing a small notebook with sufficient room to write down your daily expenses. Then every time you buy something, write it down. And yes, it's an absolute pain, but until you learn how you're spending your money, you won't have the know-how to change things.

Let's say your daily routine includes stopping by a nearby coffee shop for a frappuccino before heading to work. You also pick up a muffin while you're there. Then, around ten, you buy a snack from the vending machine.

You like to get away from the office on your lunch break, so you hit the fast food place with your friends. Then, for your afternoon break, you get a cookie from the snack bar downstairs for a quick pick-me-up. Because you worked overtime, you stop by the fast food place after work to pick up food for you and your spouse.

Your Expenditure List

So here's your expenses for the day:
    •    Frappuccino - $4
    •    Newspaper - $1.50
    •    Morning Snack - $1
    •    Lunch - $6
    •    Snack bar cookie - $1
    •    Dinner - $12

That frappuccino you buy five days a week costs you a whopping $1,040 per year, and the newspaper costs you an extra $390 per year. Then there are those snacks; they cost you a whopping $520 per year. Bring snacks to the office and you could save $400 per year or more. Get a newspaper subscription (usually about $40 a year), and you could save $350 a year.

Making Your Own

Even better, you can make your own frappuccino every morning before you head off to work and save more than $1,000 a year. Making it yourself is one of the easiest ways to save money.

Frappuccino Recipe

Here's my favorite recipe:
    •    1 cup of cold coffee
    •    3 tablespoons of sugar
    •    1 cup of milk
    •    2 cups of ice
    •    3 tablespoons of chocolate syrup
    •    Whipped topping

Put coffee, sugar, milk, ice and chocolate syrup in a blender and blend it on high speed until all the ice is crushed and your drink is smooth. Pour some into a glass and top with the whipped topping. This recipe makes two drinks.

Easiest Ways to Save Money

Saving Even More

One of the easiest ways to save money is to get back to the basics. That means making your own chocolate syrup once every few months. This easy recipe comes from Any Dacyczyn's awesome book, The Complete Tightwad Gazette:
    •    1/2 cup cocoa powder
    •    1 cup water
    •    2 cups sugar
    •    1/8 teaspoon salt
    •    1/4 teaspoon vanilla

Learn More Ways to Save Money

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About the Author

My name is Sue Merriam, and I began the journey of self-reliant living more than three decades ago, which enabled me to stay home with my children. Fifteen years ago, I founded Joyful Homesteading to help others save money and face the future without fear. My goal is to give you practical, honest advice so you can save money and experience the joy of simple living. I hope you join me.

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