Super Simple Ways to Save More Cash
For today’s post, I’m going to cut right to the chase. I’ve thought about a few super simple everyday things we can do to save more cash. Count how many of these practices you apply in your life or feel free to add your favourites in a comment below. Can you go 20/20?
- Avoid ATM and banking fees.
- Shop with a purpose. Make a list and only buy items on your list.
- Use coupons when you shop for groceries.
- Always look for sales before buying anything.
- Ask for discounts before purchasing any larger priced item (>$100).
- Take care of the products you purchase (i.e., make stuff last).
- Pay off high interest debt first every month (e.g., credit card debt).
- Limit dining out or take-out food.
- Take your lunch to work.
- Collaborate with neighbours and friends to buy in bulk (e.g. driveway sealing, landscaping supplies)
- Drink less booze.
- Stop smoking.
- Shop around for lower home and auto insurance.
- Use a cash-back or rewards credit card (as long as you pay it off every month).
- Avoid using your car when a bike, a walk or public transit will do.
- Negotiate your cable costs.
- Shop around to lower your cell phone plan/bills.
- Make lump sum mortgage payments to reduce your borrowing costs over time.
- Minimize your investment trading costs (i.e., keep them to about $10 per transaction, a few transactions per year).
Are there any other simple ideas out there to save more cash?