As Dave Ramsey says, “When you create a budget and stick to it, it will suddenly feel like you got a raise.”
If you think it’s impossible to save money, think of how a low income person can still come up with cigarettes.


Save on Food
Day to Day Expenses
Transportation
Entertainment
Household Expenses
Misc. Ideas


Save on Food:

  1. Snack on ramen noodles, or apples, or nuts.
  2. Eat rice and staples.
  3. Learn to cook and eat out much less.
  4. Make coffee and lattes at home.
  5. Use a water filter rather than buying bottled water.
  6. Shop at local farmer’s market.
  7. Use up your pantry before going to the store.
  8. Stock up on items you need (like staples) when you get a great deal.
  9. Quit or cut back on smoking.

Day to Day Expenses:

  1. Cancel credit card insurance.
  2. Get a no fee checking account.
  3. Raise the deductibles on your auto insurance.
  4. Avoid payday loans like the plague.
  5. Don’t buy too big of a house.
  6. Have an emergency fund of 3-6 months expenses.
  7. If you can manage, rent out a room or rent an apartment with a friend.
  8. Don’t play the lottery.
  9. Call up your creditors and see if you can get better terms.
  10. Go to a community college for your first two years of college.
  11. The best business books you need to read are at our bookstore.
  12. Pay off your mortgage off early. This will save you thousands!
  13. Avoid the business in a box and other get rich quick schemes like the plague.
  14. Don’t buy into newsletters and special reports that claim to have “little known secrets”, unless you check Seeking Alpha dot com, and Yahoo Finance first. Micro cap stocks usually burn.
  15. Don’t be rushed into any deal, from buying a home to selling collectibles on eBay. Don’t pressure or rush yourself, either. Think through the deal.
  16. Cancel some of your features or options on your cell phone.
  17. Use the Links section of this site before you spend big money on programs or classes or seminars.
  18. Ask for overdraft fees to be waived. The bank might do it once.
  19. Don’t vote for any candidates who want to confiscate precious metals or retirement accounts.
  20. Use Google Docs or Open Office rather than Microsoft Word.

Transportation:

  1. Buy a 2 or 3 year old car. One that a grandma owned.
  2. Work at home and save more gas.
  3. Avoid using AC in your car if you can help it.
  4. Make travel plans for the week, rather than the weekend.
  5. Vacation where the US Dollar (or your currency) is worth more.
  6. Get tires from wholesale clubs and Sears.
  7. In the summer, buy gas at night, when it’s cooler.

Entertainment:

  1. Join Amazon Prime, if you order from Amazon enough for Prime to be worth it.
  2. Go to matinees.
  3. Do power push ups before you spend on weights, videos, etc.
  4. You could replace cable TV with Hulu or Netflix or Roku or Sling TV.
  5. Don’t buy a DVD or video game unless you know you will watch it or play it many times.
  6. Buy the parts and assemble your own computer.
  7. Eliminate shopping and leisure time by working overtime.
  8. Don’t have expensive weddings or parties until you are rich.

Household Expenses:

  1. Turn your thermostat down a bit.
  2. Run the dishwasher only when full.
  3. Seal the drafts under your doors.
  4. Don’t leave the door open with the heat or AC on. (As Mom used to say)
  5. Use baking soda as a cleaner.
  6. Don’t use excessive amounts of detergents, cleaners, etc.
  7. Borrow, rather than buy, tools, etc.

Misc. Ideas:

  1. Sell toys (boats, cars, etc.) that you don’t use.
  2. Put your change into a coffee can and deposit it when it is full
  3. Limit donations to causes, candidates, etc.
  4. Do buy gold and silver at bargain prices.
  5. Check your credit report / credit score for free at CreditKarma.
  6. Don’t start smoking.
  7. Seek wisdom, because most human business, and personal decisions prove wrong. (Read the Bible.)
  8. Don’t go to places with your wallet where a drop of your IQ will be required. (There are many possible venues)
  9. Avoid MSG, the flavor enhancer. MSG makes you hungrier. MSG may cause cancer.
  10. If you use cash, you’ll probably spend less. Use a card, you’ll probably spend more.
  11. Look up do it yourself projects on You Tube.
  12. Talk of the End Times is no excuse to be a slacker.
  13. Avoid spending or investing any of your emergency fund. This prevents the need or desire to cash in investments.
  14. Buy shares, not status.
  15. You want cash and cash flowing assets more than good credit.
  16. Shop where cash discounts are offered.
  17. Don’t shell out more than you can afford to show you care.
  18. Avoid spending to self-medicate.
  19. You could use a “RoboAdvisor” service rather than a traditional financial planner.
  20. Investigate if attending college in a foreign country is a good idea.
  21. Learn to calculate interest. Consider interest when spending on credit. Consider what you won’t earn if you pay cash (or credit).
  22. Use your brain despite any type of fear.
  23. If you need 200 more ways to save money and/or plan how you’re going to repay debts or reach a savings goal, read How to Save $1000 Per Month on Kindle, for $2.00.