July 10, 2023 | Eul Basa

5 Creative Ways To Save Money With Little Effort


Our parents always told us that money doesn't grow on trees, but we never really understood what that meant until we became adults and were forced to fend for ourselves. For those who have some catching up to do, here are 5 creative ways to save money with little effort:

#1 Meal planning

It may seem like it's a lot of work, but meal planning is supposed to make your life easier. When you plan out your meals every day, not only will you better resist the urge to spend money on takeout, but you'll also save money on groceries since you'll be able to get into the habit of buying only the things you need. The more you stick to a meal plan, the more you'll be able to stay within your budget every week.

#2 Cut your cable

Let's face it—in a world of video streaming and network subscriptions, there really isn't a need for cable TV. Some households have opted for expensive TV packages and yet they don't even use all of the channels. Call your TV provider and see if you can downgrade to more basic packages, or even better, just ask them to cut your cable entirely. You can get your news and sports on the internet anyway.

#3 Bulk buying

A great way to save money is to buy in bulk. Most of the time, items that are sold in bulk are cheaper per unit, so paying extra for more of an item one time will help you save money in the long run. Of course, you're going to want to stick with just the non-perishables so you can store them for longer periods of time—think bottled water, paper plates, toilet paper, paper towels, etc.

#4 Use reward programs

Don't forget to use cashback, coupon apps, and credit card points. After all, they were made for saving money. Do some research on reward programs you can sign up for, whether it be for your local grocery store or your preferred gas station. Over time, the points will really build up and they can essentially serve as another resource for your monthly spending.

#5 Go on a spending hiatus

This one's going to take a little bit of willpower, but going on a spending hiatus will do wonders for you, especially if you find you've been struggling to save money. It's difficult to resist the temptation to spend, especially with all of the online shopping you can do nowadays, but if you can manage to last from one payday to the next without spending money on anything but the bare essentials, that one period of time off from spending will really help you financially in the short-term.


READ MORE

Wpthumb

Things Only Wealthy People Know Exist

There are a million things that money can buy—and a lot of them are things that most people don't even realize are an option. Here's a glimpse into the secret world that only the richest of the rich have access to.
May 21, 2024 Jamie Hayes
Industries That Millennials Are Killing

20 Industries That Millennials Are Killing

Discover the industries that millennials are impacting and why traditional businesses are struggling to adapt. Our in-depth analysis explores the changing consumer habits and values driving these shifts. From casual dining to traditional retail, see how the millennial mindset is reshaping the economy.
May 29, 2024 Peter Kinney

How Social Media Can Affect Your Job Search

Uncover 10 things people post on social media that employers consider red flags. Find out how employers are finding people, why they're looking, and what to avoid posting if you want to get a job.
April 30, 2024 Matthew Burke
Pbthumb

20 Billionaires Who Actually Started Off Poor

Most of the world's wealthiest people were born pretty darn wealthy to begin with. But the American Dream can come true—just ask any of these true self-made billionaires.
May 11, 2024 Jamie Hayes
Great Wealth Transfer Internal

The Great Wealth Transfer

Uncover the truth about The Great Wealth Transfer, dubbed "the greatest wealth transfer in history." Find out which generation will benefit the most from those before them, and what might happen to the money they inherit.
May 9, 2024 Sammy Tran
Homestead Budget Internal

How to Start a Homestead On A Budget

Uncover 10 steps to starting your homestead on a budget. Find out how you can get supplies, plants, and even animals basically for free, and how to maintain it all for next to nothing.
May 17, 2024 Allison Robertson



Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team