Everyone wants to save money, but it’s often easier in theory than it is in practice simply because so many things require your hard-earned cash every month. Sometimes it’s difficult to figure out where all that money’s going, but once you realize what you’re spending, you can start saving more of it. It takes sacrifice, but sometimes making a different choice is all you need to do to put some of that cash back in your pocket.
Don’t Let Your Car Gobble Your Cash
Image via Flickr by Bruce Fingerhood
Cars are enormous money-suckers, but they’re also essential. That doesn’t mean you’re stuck in a losing situation, however. For starters, even though it seems more expensive, keep up on your car maintenance. Those oil changes and maintenance checks cost money at the time, but by making sure your vehicle runs smoothly, you avoid shelling out more money for bigger repairs in the future. Occasionally carpooling, using public transportation, or walking and biking to work are smart ways to save on gas money, as well.
Take Care of Your Mobile Devices
Mobile devices are everywhere. Almost everyone uses them. They allow us to communicate, pay bills, make purchases, and even play games. They’re entertaining, informative, and often essential. However, phones and tablets are also expensive. They’re initially expensive and they cost a lot to replace, as well. Avoid that by being smart – as smart as your smartphone itself.
Make sure you get a screen protector and apply it immediately. Screen protectors greatly reduce the risk of a cracked screen. Find a durable, heavy-duty case to protect the rest of the phone from scratches. Waterproof cases are also helpful since water damage is often a costly fix. Always get cellphone insurance, as well. Look up consumer opinions about insurance options, such as an Assurant review. Allowing your insurance to deal with damages is far less expensive than buying a new phone.
Check Your Entertainment Options
Entertainment is important. There’s no reason to sit at home all the time simply because you’re trying to save money. That being said, your monthly entertainment budget is the perfect place to start saving money. Look into the little things, such as the amount you spend eating out or going to the movies. You can save by cutting cable, planning game nights or movie nights at home, and re-evaluating your Internet bill.
Cut Everything You Don’t Need
Do you have any monthly subscriptions you never use? Check out every expensive. Maybe you’re paying for magazines, streaming services, newspapers, or apps that you never use. Get rid of them. They’re costing you money but providing no advantages.
It requires financial sacrifice, but you don’t have to completely change your life just because you want to start saving money. Small changes make a tremendous difference if you’re both diligent and serious, and as long as you remember to weigh initial costs against possible future payouts.