Simple and Great Ways to Save Money

We are all looking for ways to save money.  Some of us are looking for a way to save for a vacation or a large purchase we want to make.  Others are looking to invest more in their retirement account or just increase their overall net worth.  

Whatever your long or short-term goals are, the end game is the same; save money.  Saving money doesn’t have to be a chore, there are many ways to save money that won’t hurt your lifestyle but will fatten your bank account.  Let’s check out a couple of these ways.

Set a Goal

The most important thing you can do when embarking on a money-saving venture is set a goal. This could be saving up for a new home for sale. You can’t hit a target if you don’t know what you are after.  If you are saving for a dream vacation, calculate exactly how much money it will cost you, and pad a little bit more for extras, figure out when you want to travel and set your goal from there.  

If you are looking to increase your retirement fund, set a weekly, monthly, and yearly goal of what you hope to achieve with your savings.


Entertainment is expensive!  Going out to the movies and dinner can quickly add up.  Instead, host a video or game night at your house. For extra credit, cut the cord.  Many budget-conscious customers are going with streaming options because of the rising costs of cable.  

Many people reduce their monthly bills by as much as half price!  Just think of how quickly you can reach your financial goals by saving that much money. 


This is a big one.  One of the easiest ways to save is to reduce your food budget.  If you order out lunch most days, consider packing on or two of them.  If you go out for dinner every weekend, try cooking one of those nights.  

Cook a little bit extra and you will have lunch for the following day.  Your grocery shopping bill can be reduced too. Many grocery stores, like Lidl, have hugely discounted prices and even have an app.  You can use coupons to reduce your bill even further automatically.  Loyalty rewards are another great way to save on your grocery bill. 


There are so many areas of opportunity for saving money.  Once you begin to look for them, it can become almost addictive.  If you use credit cards and carry a balance, you can even call the credit card company and see if you can negotiate a lower interest rate to help save there.  

Of course, the best way to save on interest fees is not to carry a balance, but sometimes you have to.   Many cool apps can help streamline your savings plan. Some like, Acorns will even round up purchases you make with your check card and put the extra into your savings account.  You are literally saving money with every swipe of your card. Put your plan in place, stick to it, and happy saving!