Easy Tips to Start Saving Money

silver round coin on white ceramic pig coin bank

Today I will be telling you some straightforward tips you could use to save money. Without wasting much of your time, let’s begin. 

These money-saving tips would help you generate ideas about great ways to save money as you live your life typically. 

List of Simple Tips you could use to save money 

Get rid of all your debts 

If you need to save money by budgeting, but you have a very high amount of debt, you need to get your debt sorted out first before you can start saving up some money. If you are not convinced, think about how much you spend whenever you service any debt monthly. You would notice that it is these debts that are leaving you bankrupt and broke every time. 

The moment you are free from paying loads of interest on your debt, you will realize that these funds could be put in your savings quickly. Having a personal credit line is an option to consolidate your debt to end up being better off after payments of the debts are made. 

It would be best if you organized some saving goals. 

A great way you could save money is by visualizing all the things you are saving for. Whenever you want to motivate yourself, you need to set some saving targets and a great timeline. This makes things very simple to save. If you desire to purchase a house in 4 years with a fifteen percent discount down payment, you need to have a target already and know exactly how much you need to save monthly for your goals to be achieved. You could make use of regions savings calculators to check out all of your goals. 

Make sure you pay yourself first. 

It would help organize an automatic debit from checking your bank account to your account you make use of when saving. It might be fifty dollars after a fortnight or five hundred dollars. Make sure you do not cheat yourself out of a healthy savings plan that would work long term. 

It would be best if you let go of smoking. 

I know it is complicated to quit smoking. But if you keep smoking around two packs daily, this amounts to around three thousand dollars a year. You could realize this high amount of money if you quit. According to the center, which watches diseases and controls them, the percentage of Americans that smoke cigarettes has been less than twenty percent since the middle of -the 1960s. It would be awesome if you joined this fantastic club. 

My thoughts on these Easy tips to Saving money 

Having saved up funds is very important, and you would feel great at the end of the day knowing full well that you don’t owe anyone any funds and you have funds in case of a rainy day. Some people find it challenging to save. If you’re on this table, the list above was written for no one but you. 

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Money is an essential part of our everyday lives as it helps us buy or purchase items we need and want such as food, clothes, property, medications, electronics. It also aids us further our education. With that been said, it is important to save money for us not to run short of it preventing us from obtaining the various things it can get us. However, there are so many ways that have been provided for us to help us save  money and these include:


It is primarily important to have a budget when saving. This helps us prioritize level of spending allowing you to strike a balance between your spending and saving level throughout the year.

You can keep tabs on your spending by regularly checking your credit card statements, bills, bank statements, and receipts. It is very important to notice if you’re spending more than you earn as that could be a problem. Once you notice this is happening, you should know that it’s time to cut back on some excesses. While making a budget it is very important to needs before wants and sees the need to cut back on some excess wants in order to save money. It is also advisable to renew or update your budget list at least once a year or as frequently as you can depending on the crucial change in circumstances. For example, losing a job or having a baby.


Spending money on a lot of little things can do as much damage as spending money on big things. Both have their costly effect on your finances and this can get you into money trouble. Because of this, it is therefore essential for you to keep a day to day track on your spending in order for you not to go beyond what you earn. You bank statements help you keep tabs on your spending by telling you how much money comes in and goes out of your bank account. With this information, you can then compare it with your budget so you would know whether you’re going off track or not. You can then know or identify where you can cut down on your excesses and then save.


A savings account is an account where you can put all the amount of left over income after paying necessary personal things such as taxes. A savings account helps you to curtail any unnecessary spending or any temptation to spend out of your budget. By restricting access to your money, savings account can give you a higher interest rate than a basic transaction account.


Technology has made it very easy for you to go into excessive spending these days providing us with credit cards, ATMs and online shopping. This gives room for you to spend more on your wants rather than your needs. It makes it very easy for you to yield to temptations and reducing the ability to show self-control. Having a constant show of self-control or self-discipline when spending gives you room to save more as you wouldn’t see the need to spend excessively on wants especially rather than needs. Whenever you feel the need to spend more on wants, it is advisable for you to to wait at least a day or two before you buy it. This might help the urge disappear.

These are essential and very helpful ways to help you save money at any given time.

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Teaching Kids about Saving Money


We all know that teaching your beautiful young ones how to save us an essential aspect of securing your financial freedom and building wealth. Lots of us have learned the importance of saving funds using experience, trial and error, and watching our parents. 

This article would be talking about how you can teach the kids around you how they can save some money. Let’s carry on, shall we?

List of ways you can teach kids about Saving Money 

Start with a Piggy Bank 

This works wonders, trust me. This is an excellent way you can teach your child how to save some money. You can give them a straightforward way of doing this. The goal of making use of a Piggybank is for them to keep their coins and pillars. It would help if you illustrated that they need to keep saving till the Piggybank is complete, and there’s no more space to save anymore. Tell them the more they save, the more their money would grow.

Open up a bank account for your kids.

After they have filled their Piggy banks, take your kids to the bank and have them open a savings account. You should have them count how much funds would get deposited. Let them fully understand how much funds they have. Show them the total and then start teaching them about interest. 

Make them understand the idea of interest very well.

These days with the way the world is going, if you have kids that do not fully understand or get what interest does to them, the general aim of teaching them how to save using Piggy banks or using their bank accounts would go to waste. The general aim of saving is for your kids to grow the already saved Money into more Money. One of the ways your kids can do that is by investing in something they are passionate about. They could invest into you, their parents, into your business, and then you would pay them back using calculated interest rates. In these ways, when your kids notice that the amount of Money they are saving is increasing over time, they would want to save more because they have full-blown hopes that in the future, the amount of Money they would have would be relatively high. 

Teach them how to spend wisely 

Make sure they save up before they start spending because if they start spending from the complete amounts of their incomes, they wouldn’t want to save any amount of Money at the end of the day. Because it would be sad to save from the remnants after you have started spending from your income. Trust me. I’m speaking from experience. 

Different people have different ways they’ve learned how to save. Some people do not like the general idea of saving. They like to spend Money and consume it as soon as they get it. To be financially stable, one needs to save Money and build wealth in any way they can. 

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