Saving a few bucks daily can amount to hundreds of dollars a month, or even thousands over a year depending on how aggressively you save.
I paid off $40,000 in debt and have been debt-free since I was 24. The feeling of financial freedom is so amazing, especially because I once thought it’d never be possible, but it is. You can do this.
Below are 50 ways you can save money each month.
1. Get cash back with Ibotta
Ibotta is a free app that gives you cash back for making purchases on things like groceries, clothes, toiletries, and much more, which can all be very helpful when traveling.
It’s silly not to use Ibotta if you’re a regular grocery shopper and also have to buy things like clothes, toiletries, and pretty much anything else you’d find at a store like Walmart or Amazon.
If you sign up now, you can get $10 in your account by using my link here.
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.
2. Walmart Grocery Pickup
My new favorite app is Walmart Grocery Pickup for 2 major reasons: 1) It’s a huge time-saver 2) Convenient, easy pickup. You don’t even get out of your car to get your groceries.
How to get started easily:
- Click here and get $10 off your first Walmart Grocery Pickup.
- Order groceries online.
- Schedule your pickup.
- No fees, no tips accepted, no subscription model. It is free to use Walmart Grocery Pickup.
If you’re new to Walmart Grocery Pickup, you get $10 off your first purchase here. That means you can get $50 worth of groceries for only $40.
I needed 1 substitution because they didn’t have the item I ordered, so they gave me an even better item for the same price as the original item I ordered. You also save money on groceries because you don’t even get the chance to impulse spend since you’re not in the store.
Bonus: Are you bad at picking fresh produce? Their grocery experts know exactly which to pick from for maximum freshness. If you aren’t satisfied with the freshness, you can get a refund.
Even better, once you fall in love with Walmart Grocery Pickup (which you will), you can start referring friends and family. Just get 5 friends to try out Walmart Grocery Pickup and you’ll get $50 toward groceries.
3. Billshark (I saved $290)
Billshark is a MUST for anyone who has a cell phone, cable, internet, or insurance bill and wants to lower their bill.
And trust me, it works because I’ve used it myself on 3 different bills and I’ve saved $290.
Here’s how Billshark works:
- Send copies of your bills to Billshark. (I did this by uploading an online PDF of each bill).
- Billshark negotiates all of the bills you send in.
- You get notified if Billshark was successful. If they are, they take 40% of the savings. Ex. Billshark saved me $290 over the course of 6 months, so I pay them $116. I can do this in a monthly payment plan or all at once.
It’s definitely worth the savings and it was such an easy process.
4. Move your money into a high-yield savings account
Are you still using a bank that is offering a 0.03% savings rate? Yep, that’s what my previous bank offers for savings rates, but Radius Bank is different.
Radius Bank offers a high-interest earning of 1.20%APY. You get benefits like:
- Free ATM’s worldwide
- No monthly service fees
- No minimum balance requirement after $100 to open
- The first order of checks on Radius Bank
Applying only takes 3 minutes. You can start saving with Radius Bank here.
If you have an emergency fund, why let it sit in a bank account offering 0.03%? My emergency fund is sitting in a high yield savings account and making me money every month.
If you’re not sure what your bank accounts savings rate is, contact your bank and ask. It’s worth it.
5. Plan your meals ahead of time
Prepping your meals ahead of time gives you the benefit of making sure you don’t run out to a restaurant last minute, which helps both your wallet and health.
$5 Meal Plan eliminates all of the meal planning and worrying and gives you everything you need to succeed.
Quick! Get this FREE money-saving meal plan template here by joining my free resource library filled with tons of printables to help save and make you money. Planning out your meals ahead of time saves you money AND time.
6. Switch cell phone plans
Are you overpaying for cell phone service? Probably.
After seeing ads for low-priced mobile plans for years, I decided to take the leap and try out a mobile plan that isn’t AT&T, T-Mobile, or Sprint. I tested out Tello Mobile for only $19 per month.
What I learned from testing out a new mobile plan: Just because you pay more doesn’t always mean you’re getting better service. T-Mobile charges me $80 per month while Tello Mobile charges me $19. I got the same coverage with both phones in my city. I went out to different locations in my town and tested both phone plans. They got the same exact service. This is why I recommend moving to a cheaper phone plan.
Why pay more for the same thing?
Most of us are going to have cell phone plans for forever. A savings of $100 a month can be roughly $1,200 a year.
In 10 years, you’d save $12,000.
In 20 years, you’d save $24,000.
Tello Mobile uses the SAME towers as Sprint to get service. Tello Mobile has NO contract and NO fees, with flexible plans starting $5 to $39. Yes, the most expensive plan is $39 per month. Tello has Nationwide 4GB LTE coverage Calls to Canada, Mexico, and China is even included.
If you’re hesitant on switching carriers, think about all the money you’ll save over the years to come. You can even test out Tello Mobile for 1 month before totally switching over.
7. Check your credit score
Do you know your credit score?
Get your free credit score here (and no it doesn’t hurt your credit score!).
You’ll also learn strategies to improve your credit score.
A high credit score will save you money when you purchase a car, rent or purchase a house, take out a loan, or when you apply for a credit card.
8. Learn How To Manage Your Finances
We get such little financial education in high school and college, which is why learning how to manage your finances is so important.
With the Master Your Money Super Bundle, you can feel awesome about your financial future and learn from CPA’s, Certified Financial Planners, financial coaches, and a former hedge fund manager.
For just $49, you get 45 books, courses and printables to pay off debt, budget like a boss, and reach your financial goals.
I bought this bundle myself and love it – I’m currently reading the Full-Time RV Finance: Learn How To Afford Your Full-Time RV Travel Dreams. We want to RV full-time sometime soon, so my boyfriend and I are getting so excited about this ebook.
Shown below is everything included in the Master Your Money Super Bundle. There is so much value here, and it’s worth checking out!
Would you like to pay off debt without even thinking about it? Stay with me for a sec because this isn’t some generic money-saving app.
Qoins helps you by using your spare change from everyday transactions to make an extra payment to your debt.
Let’s say you go to Starbucks and pay for a coffee that is $3.71. Qoins rounds up your payment to $4.00, meaning $.29 goes to your debt. This might not seem like a lot, but it definitely adds up over time. Qoins has helped users pay off $4.5+ million with this method, so it must be working.
10. Follow this travel savings plan
Save $1000 in 10 weeks with this travel savings plan!
11. Ditch the coffee spending habit
I recently wrote a post on how to save at Starbucks and found out how many people hate Starbucks, LOL.
Still, most people are going to coffee shops and spending around $4 a day on coffee.
12. Set goals
Setting goals and planning to succeed ensures that you won’t get off track.
For example, you can set a goal to save $500 this month, and then write down the steps to get you to that goal.
You can challenge yourself to only eat out once or twice a week, do a no spend challenge (no clothes spending or electronic spending), and track your progress throughout the month.
Telling a friend of the challenge can even inspire them to do the same, which adds some accountability!
Digit is a fun money-saving app that helps you save money for a particular goal.
Say you want to save up for a vacation, Digit will analyze your spending and automatically move money from your checking account to Digit when you can afford it.
Digit knows exactly how much to save, and allows unlimited withdrawals so you can access savings at any time, and even has a 1% savings bonus.
14. Refinance student loans
Refinancing student loans with Credible can lower your interest rate, saving you thousands in interest and allowing you to make monthly payments that pay off your loans even faster. When my boyfriend graduates, we are 100% refinancing his student loans, which will most likely save us thousands of dollars over the course of his loan.
Here are some of the options that may be available to you:
- Pay off loans faster
- Reduce your monthly payment
- Reduce interest charges and monthly payment
- Relieve your co-signer of their obligations
You can get started with Credible here. Sign up takes less than 5 minutes.
15. Compare apartments
Figure out what you want in a gym and then start comparing apartments.
Same with #12, an apartment complex with a bunch of extra stuff might sound amazing, but you’ll end up paying extra (usually).
I like to use Apartments.com to compare prices, amenities (a gym would save me money), washer and dryer in unit (so I don’t have to find quarters once a week to do laundry), and stuff like that.
Also, I make sure that the apartment complex has walking areas and a dog park so that I don’t have to drive every time I want to take my dog for a walk.
17. Free ways to entertain children
Use these ideas to entertain your children on a budget.
Having fun and teaching children shouldn’t be costly all the time. Some of the best things in life are free!
18. Set automatic transfers
Most banks will let you set automatic transfers so that you can transfer a certain amount of money every week (or whatever you set it to).
By making these transfers automated, you’re making sure that money gets put into your savings as we can be forgetful.
It also eliminates the painful part of putting money away into savings since it’s done for you without you thinking about it.
If you’ve been following my blog for a while, you know I’m a huge fan of Ibotta. What I haven’t been a fan of with Ibotta is having to upload receipts.
Drop is essentially Ibotta, but you don’t have to upload any receipts.
Your credit or debit card is linked to your Drop account, you automatically get points. You can get points from Uber, Walmart, HEB, Whole Foods, Instacart, and many others. You redeem points for gift cards. This makes saving money effortless.
20. Negotiate insurance rates
You’d be surprised by how much you can save when you tell your agent you’re looking at different insurance companies to see if you save money.
Mine, for instance, immediately told me that I could be saving money by taking off a few extra things that didn’t matter (why didn’t we do this sooner…?).
I ended up saving $20 a month.
Also, you can save by taking a good drivers class (it saved me a few bucks each month), and you can also get student discounts if you’re a good student.
Related: 20 Side Hustles Perfect For Moms
21. Learn how to take care of your car
Learning how to take care of your car is crucial in making sure it lasts a long time and doesn’t break.
22. Rent out a room
Do you have extra space in your house?
You should be renting out to Airbnb if you do have extra space.
A cool feature of Airbnb is them letting you know an approximate amount of what you’d get in your area if you rented out your room.
You get to meet cool people, host people from all over the world, and learn about different cultures without even leaving your house.
23. Use apps to save on gas
GasBuddy is a money-saving tool for people who want to save on gas.
It’ll tell you the cheapest gas in your area and will even reward you when you enter new gas prices in your area.
There have been so many times in my life when I’d drive down the road and see two different gas stations marked 40 cents apart, which can add up to a lot of savings if you have a 15-gallon car.
24. Get student discounts on the following
You can get student discounts on pretty much everything, whether it be electronics, car insurance, fast food, clothes, and more.
College is expensive, and you should try to get back every dollar you can!
If you’re a student, you can get access to the STA Travel Discount Card that includes over 160,000 discounts.
25. Use Uber pool
Uber Pool allows you to save money on rides by sharing the car with strangers.
If you use Uber a lot, it’s worth it as you can save hundreds of dollars over a year.
26. Programmable thermostat
A programmable thermostat saves you money and time.
Your AC or heat will turn off on a particular schedule and some can even be connected with WIFI, letting you
27. Ditch the bad habits
Bad habits can impact your life more than you know.
Smoking, drinking, and not sleeping can not only hurt your wallet but your health, too.
I quit smoking cold turkey (I believe it’s the best way, but everyone is different), and I also put a challenge on myself to not drink alcohol for a year.
28. Fight your hospital bill
Healthcare in the U.S. is always quite the topic (don’t get me started).
I had health insurance through one of my past employers and ended up with a hefty bill of a few thousand dollars.
I ended up fighting the hospital bill by showing proof of how much I made at the time, and how I was not going to be able to pay it.
They ended up waiving it 100%.
Now, I’m always afraid to go to the hospital or urgent care (I went to urgent care once and got charged $500 for my visit).
29. Save up for Christmas ahead of time
A Christmas savings plan can help you by making sure you save enough money ahead of time on gifts.
Or, you can talk to your friends or family about starting a secret Santa gift exchange every year.
Less clutter in your house with things you don’t need and less money to spend. Start new traditions.
30. Volunteer more
Volunteering has more perks than most people know.
For example, a huge well-known music festival in Texas offers volunteers free tickets to their music festival, and all you have to do is volunteer for a few hours every day.
Volunteering for your city cleanup program or animal shelter also gives you access to monthly parties and you’ll meet new friends.
Also, volunteering is free and can be a lot of fun!
31. Cancel subscriptions
Canceling subscriptions like Spotify or Hulu can save you a lot of money over the year.
I know of people who have Amazon Prime movies, Hulu, and Netflix, so if you’re trying to save money and have all of these in subscriptions in place, choose the one you like the most.
Monthly box subscriptions have become quite popular over the past year, too, giving people stuff they don’t need.
The monthly box companies try to make it sound like a good deal by getting all of this stuff, but most of the time, its things you don’t need.
32. Practice responsible driving
Driving responsibly not only avoids tickets or uncomfortable situations with cops, but you also save on gas, too.
Driving above the speed limit and braking often leads to you using more gas than you need to, and obviously, increases the risk of accidents and hurting others.
33. Read personal finance books
Personal finance books can educate and inform people about topics that might seem intimidating or foreign.
Having basic personal finance information is key to succeeding in life and getting control of your money.
34. Save on travel
There are so many ways to save on travel to make it more affordable and not just a once a year thing.
35. Start an emergency fund
An emergency fund helps you in unexpected situations such as a hospital visit, car problems, or something of that nature.
36. Refer a friend
All you have to do is share your referral link.
37. Make your own laundry detergent
This DIY homemade laundry detergent can save you a ton of money and you can see what is exactly going into your clothes that directly touch your skin.
Some detergents use chemicals that can be harmful to the body.
38. Use Groupon
I use Groupon for anything and everything.
The savings on Groupon are insane and extreme.
A few Groupons I’ve seen today are:
- $50 for an eye exam and eyeglasses
- $200 for a 2 day Carribean cruise
- Workout leggings for $10
- 90 Minute Massage for $45
Housesitting is an awesome way to travel and get an authentic experience of a city.
You watch someone’s house (and maybe take care of their pets or garden, too), while they are away on vacation.
You save money by not spending on accommodations, and you get to see what it’s like to live in a city that is foreign to you.
40. Au Pair
Becoming an au pair was one of the coolest experiences I’ve ever had in my life.
I lived in Bologna, Italy, and took care of a 5-year-old for a few hours a day.
In exchange, I lived with an Italian family, got my own room and cell phone, free groceries, and made many European friends that I’m still very close to today.
I was able to travel to other countries on a strict budget since my Italian family knew how to travel like a local.
41. Compare cell phone plans
Comparing cell phone plans and figuring out what you need is essential to saving money.
For example, since I travel often, I signed up for T-Mobile since their international plan is free and I don’t have to pay extra like I would with AT&T.
42. Learn how to cook fancy meals at home
Learning how to cook at home is essential for good health and saving money.
It’ll decrease the craving and urge to go out to a restaurant and allows you to see what ingredients are being put into your food (who knows what they put in there at restaurants!).
43. Plan your own party at home
Planning your own party at home instead of going out can save you a lot of money.
Here a few party ideas:
44. Use Hopper to save on flights
Hopper can tell you when’s the best time to buy a flight. It’s incredibly user-friendly and will get you the best flight for the cheapest price.
Related: 11 Ways To Save On Flights
45. Ditch the YOLO mentality
Ditching the YOLO mentality is key to saving money.
The “You Only Live Once” mentality makes people think it’s okay to spend a ridiculous amount of money on shoes or something that they really don’t need.
This kind of mentality does way more hurt than good since it can create bad spending habits.
46. Cut your own hair
Cutting your own hair can save you hundreds of dollars over the course of a year.
I used to do this for awhile but realized my thick hair could not be treated at home with someone who has no haircutting experience.
Do this at your own risk.
47. Save on pets
Before getting a pet, make sure you have money saved and are prepared to spend money.
Pets can get into unexpected accidents or get diagnosed with diseases. And always make sure to get your animal spayed or neutered to decrease the stray population.
I wrote a detailed post on how to save money on pets that you can check out here.
48. Refinance your student loans
Refinancing your student loans can save you hundreds of dollars over the years. Here is a detailed post on how to do it.
Are you about to be in school or currently in school? Make sure you apply for scholarships.
49. Join a clothing swap
Clothing swaps take place in most cities as a way to buy cheap clothing from other women or men in your area.
You can get great discounts on clothes people no longer want anymore, and make some money off your used clothing you no longer wear.
50. Learn how to DIY
Learning how to DIY items can save you a ton of money. Here is a list of 50 ways to save money with DIYs.
As you can see, there are so many ways to save car insurance premiums to pets.
You can only save so much – the next step is increasing your income.
Here are a few ways to make more money (both part-time and full-time jobs).
1. Facebook Ad Manager
Did you know you can become a Facebook Ad Manager for businesses and make an extra $1,000+ a month with just 1 client? Facebook Ad Managers are in charge of running ads for businesses to increase their customer base and income.
There are over 27 million businesses in the U.S. with over 500,000 new businesses starting every month. Out of 27 million businesses, all you need is 1-2 clients to make $1,000 a month. If you want to go all in on this side hustle, you can take on 5 clients, which can be roughly $5,000 a month.
You can learn how to become a Facebook Ads Manager in less than 28 days with the Facebook Side Hustle Course.
2. Start a blog
I started this blog in college and graduated my senior year making $80,000 a year. Blogging isn’t easy and takes a lot of hard work. It’s not for everyone. If you feel that you can help people with a blog and inspire others to live better lives, a blog is a great way to do that.
If your dream is to become a full-time blogger and start a blog, I recommend starting a blog with Bluehost. Bluehost has 24/7 support, a money-back guarantee, and makes it as easy as possible to start a blog. Start a blog today for just $2.95/month with my step-by-step tutorial here. It’s easy, painless, and takes less than 20 minutes to start a blog of your own. With my link, you get a discount from $7.99/month to $2.95/month.
If you need a little more help starting your blog, I even have a free How To Start A Successful Blog quick 5-day course that shows you step-by-step what to do AFTER you started your blog. This quick course is filled with a TON of value giving you everything you need to get started the best way.
Are you not sure where to start on creating a profitable blog? I recommend checking out this course roadmap to figure out where you should get started first!
A bookkeeper’s job is to keep records of financial transactions of a business. Bookkeepers can make between $30,000-$60,000 per year. Becoming a bookkeeper has several benefits, such as low startup costs, high profit, and the ability to work remotely.
If you’re eager to learn more about becoming a bookkeeper, check out this free training that will show you the quickest and easiest way to start and run a successful virtual bookkeeping business.
4. Teach English online with VIPKID
With over 600,000 students, VIPKID is the leading platform for teaching English online. Teaching English online is a great way to make income at home, while on your schedule.
VIPKID pays up to $25 per hour, and the entire curriculum is provided for you. Forbes even recognized VIPKID as one of the best places to work online. To meet VIPKID application requirements, you need to have a bachelor’s degree in any field, eligibility to work in the U.S. or Canada, and at least 1 year of teaching experience (includes tutoring, homeschooling, coaching, mentoring, and other life experiences).
5. Freelance writing
I had no idea what freelance writing was (or that you could make money from it) until I met my friend Holly. Holly makes six-figures with her freelance writing career; $225,000 a year to be exact. There are hundreds of freelance writing jobs out there, but getting those freelance jobs isn’t easy, which is why Holly created Earn More Writing.
Earn More Writing helped me get started freelance writing. I landed gigs on sites like GoBankingRates and many others. I went from charging $50 to $250 per article.
This work from home opportunity is legit, lucrative, and lets you work anywhere in the world. Holly travels (a ton!) and works all around the world.
In her free workshop, she shares her techniques she’s used to make six-figures freelance writing. You can check out her course and free workshop here.
6. Sell Etsy Printables
Julie from the blog Millennial Boss is killin’ it in the side hustle world by selling Etsy printables.
This side hustle is almost entirely passive, meaning you do the work in one sitting, and then get paid for it for months and years to come. With just a few hours of work, Julie’s made over $5,000 selling printables on Etsy.
Julie recently created Etsy Printables where she shows you exactly how to make money selling Etsy Printables. I’ve gone through it myself and plan on adding this as a side hustle myself because it’s one of the easiest ways to make passive income.
Are you wondering how to get started selling Etsy printables? This free guide here has a secret list of best-selling products by month and how to capitalize on seasonal trends to make sales. It’s a free download and SO good!
I did an AMAZING interview with Julie that you can check out here. She shares pictures of her printables, revenue dashboard, and exactly how you can get started.
7. Professional Proofreader
Transform your passion for words and reading by becoming a professional proofreader, and help people like me who are terrible at proofreading. I hire a proofreader for special projects which has been a must in my business. Proofreaders are a must for books, magazines, websites, and tons of other projects, so they’re always in demand.
Proofreaders can earn between $17-$30 per hour and offers competitive pay and flexible hours while working from home.
Here is a free workshop that will show you if proofreading is right for you.
8. Sell on Amazon
There are more than 100,000,000 (yes, million) Amazon Prime members. More than 50% of all Amazon sales come from third-party sellers. Selling on Amazon is a legit way to make great money and isn’t going away any time soon. And if you’re completely lost on how to even get started selling on Amazon, bear with me for a sec.
My friend Jessica and her husband have perfected the art of selling on Amazon and have made well over $100,000 profit (their first year in the biz).
Jessica even has a FREE 7-day course that tells you everything you need to know in a simplified way to get started selling on Amazon.
What do you do to save money each month?
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