15+ Finance Bloggers Share Their Top Money Saving Tips (That Actually Work)

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Whether you’re trying to save money and build an emergency fund, start a travel savings fund, or pay off your student debt, you’re going to want to read every single one of these helpful money-saving tips from the pros.

Below are 15+ money-saving tips that actually work!

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1. Find ways to make extra money

My best money saving tip is to find ways to make extra money. Then, either save as much of the extra money you are making, throw it towards your debt, put it towards some financial goal that you have, and so on. And, before you tell me that you have no time – the average person watches around 35 hours of TV a week! 

Michelle SchroederMaking Sense of Cents

2. Share expenses

You could share wi-fi with a neighbor, get a roommate or even share a car. There are many arrangements that could work out and save you money in the end. 
Aja McClanahanPrinciples of Increase

3. Be patient

To be patient. For instance, if you wait to find all your home pieces at thrift stores or when they go on sale, you will save way more money than if you decide to furnish your entire apartment as soon as you move in. I once waited 4 months to get the car I wanted at the right price and then drove 4 hours away to get it. I saved $1500 and actually made money when I sold it a year later. 
Laurie DuncanMargo’s Money Map

4. Food

My best tip for saving money has everything to do with what you eat and drink. You’re never too good for generic store brand food! Avoiding name brand food can easily save you hundreds of dollars per year. And when you decide to eat out, ordering water saves you at least $2 every meal (and keeps you healthy). 
Jeff ProctorVTX Capital

5. Live below your means

So many people try to save money while also driving a new car or paying high rent or mortgage. I think it’s essential to try to live with less and lower your overall cost of living. Maybe live with a roommate for a while, downsize to a smaller place, get rid of your car if you can. Then, when you’re ahead, slowly reintroduce these things back at a level, you can comfortably afford.

Kristin HanesThe Wayward Home

6. Pay yourself first

I automatically have money taken out of my paycheck and deposited to my savings account and then whatever is left over is what I have to live on. I’ve saved a lot of money this way.

Cara PalmerCara Palmer

7. Program

The fastest way we save money without even consciously doing it is through a program we set up with our account manager at our bank. Every time we swipe our debit card, $1 goes into a particular account. At the end of the year each year we’ve done this, we’ve had enough for a fantastic family vacation! If you want real savings at the end of the year without feeling a pinch, I recommend this! If your bank can’t do it, use cash only and take all the change you are given every time you spend money and put it into a jar. 
Cat HolladayThe Compass Is Calling

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8. Strong budget

I believe the best way to save money is to limit yourself with a budget. If you use the envelope system for things like clothing, groceries, and little luxuries, it helps you to see how much you spend every month. Put your budgeted amount for each category in an envelope and when you’ve spent all the money in each envelope you know in order to stay on budget you can’t buy anything else. You could put a month’s worth of cash in each envelope or you could do it on a weekly basis. You may find that you can do without the thing you where going to buy or even find a cheaper idea so you don’t go over budget.
Patty RichmondFun Fam Living

9. Promotions

Every six months or so, call your internet, cable, and cell phone providers and ask for the latest promotion in pricing. This alone has lowered my bills or upgraded my service at no extra charge. I’ve saved a bundle doing this regularly! 
Stephanie SpillmannHealthy, Savvy & Wise

10. Free entertainment

The best tip I can recommend is to find free activities to do for entertainment. For us, this includes potlucks, game nights, visits to the dog park, and playing badminton in the backyard. The latter is a great workout, as well! 
Whitney OdoloWhitney Odolo

11. Cash back apps

Make sure to always use cash back apps whenever possible. My go-to app to save money is Ibotta. Ibotta lets you get cash back on hundreds of items, including groceries. You get $10 in your account when you sign up here Always pay in cash, and cut up your credit cards! If you’re downloading Ibotta on your phone, the app will ask if you have a referral code. Use my referral code: lwyxxrb and you’ll get $10 for signing up.

MelissaThis Blended Home of Mine

12. Use what you have

When money is tight, shop your kitchen first. That means checking through your cupboards, pantry, fridge, and freezer to see what you already have. This can help you out before pay day or when you want to cut back on your spending. Not to mention that it saves waste. 
Emma DrewEmma Drew.Info

13. Combine coupons

Combine a sales price with a coupon for the absolute lowest prices at the grocery store. You don’t have to be extreme to save a lot of money. Even if you don’t think you’ll use coupons, you can always use them for household items like toilet paper. I haven’t paid for a toothpaste for over five years because it’s frequently free with coupons! 

Cameron Tanner 

14. Fear

Fear would be my best money saving tip. If you fear to be homeless and destitute, then that will force anybody to save more money.

15. Bring lunch

You work 22 days per month, and if you can save a little every day, it will make a huge difference. After I switched from eating at my company’s canteen to bringing my food, I saved around 5$ per day. That is $110 a month. And not only that, when we cook, it’s not only for me but for my wife as well, so it’s a total of $220. Plus, we eat more healthy and the type of food we like.

Francisco AnesPassive Income Wise

16. Schedule payments

If you have credit cards with no balance, schedule the payment online for the last possible date (to avoid late fees and keep money in your account). For credit cards with debt, pay whatever you can as soon as you can so that you minimize the interest on the balance (as that is calculated on an average daily balance), even if that means paying in doses. 
Debbie GartnerThe Flooring Girl

17. Track money

Create a budget to know where your money is being spent. Cut out the fat and save the rest. Live well below your means.

Kelan & Brittany KlineThe Savvy Couple


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What are some of your favorite money-saving tips? Share in the comments! 

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