Four Helpful Tips To Save Money In 2019

Nothing feels quite as good as saving money. Finding ways to spend less means that you will have more money left over at the end of each month. You can use that extra money in a number of different ways. Whether you decide to add it to your savings account, invest it, or spend it on other things, it is a great feeling to know that you saved.

In 2019, there are more ways than ever to cut back on your spending. Best of all, most of these tips and techniques don’t require a lot of sacrifice on your part. Read on for some helpful tips on simple ways that you can save:

Buy reusable products

Do you waste money on products that you just throw away? From plastic plates and paper towels to bottled water and napkins, you probably use a lot of products in your everyday life that wind up getting tossed in the trash. Imagine how much money you could save if you replace those items with reusable products.

For instance, instead of paper towels, you could invest in cotton rags or other cloths that can be used for everything from cleaning up messes to drying vegetables. Instead of buying bottled water, you could invest in a reusable water bottle and a water filter for your faucet. Sit down and brainstorm a list of all of the disposable products that you use on a regular basis. Then, see if you can come up with creative ways to replace them.

Stop paying for subscriptions that you don’t need

In the past, subscriptions were usually limited to items like magazines or newspapers. These days, however, there are subscriptions for just about everything. Television is a great example. Along with your monthly cable service, you may also subscribe to streaming TV packages, movie channels, or other extra services.

Monthly subscription boxes are also all the rage. These services send out everything from makeup to art supplies on a monthly basis. Although they may be fun to receive, they can do a real number on your budget.

Take a look at your current subscriptions to see if you really need them. Chances are, you can eliminate at least a few of the things that you subscribe to each month, which can wind up saving you a lot of money.

Track your spending

Have you ever found yourself wondering where all of your money goes? Along with obvious expenses like rent, gas, and food, there are hidden expenses that can chip away at your bank account until all of your money is gone.

Before you can get a handle on these expenses, you first have to identify what they are. The only way to do that is by tracking your spending. Try keeping tabs on all of the money that you spend for at least a couple of weeks. Even though it is a hassle, save all of your receipts. Separate all of your expenses into various categories including food, personal care, entertainment, healthcare, vehicle maintenance, home maintenance, etc.

At the end of your tracking period, take a look back to see if there are any expenses you can eliminate. For example, if you buy a soda every time you stopped to get gas, you could easily cut out that expense, saving you extra money each month. Eliminating all of these little expenses can really add up to big savings.

Pay cash for everything

Even though debit cards and credit cards are convenient, they make it easy to go overboard and spend more than you anticipated. By switching to cash, you are far less likely to buy extra things that you don’t need. Since you have a limited amount of money available in your wallet at any given time, you have a built-in budget that you can’t exceed. This makes it easy to keep from accidentally overspending anytime you visit the store.
If you are ready to start saving money in 2019, these tips can definitely help. Making even a small effort to save can have a huge impact on your budget. One of the best feelings in the world is having extra money left over by the time the end of the month rolls around.