- Start putting some money out of your reach
It’s a proven fact that when you have easily accessible cash in your pocket or in the bank, you tend to spend more on unnecessary things. So it's high time you start putting some money in an account that you can access in case of emergency, but which would require you to jump through hoops to withdraw any. This will help you spend money only when absolutely necessary.
- Use Coupons
Almost all businesses use coupons as a part of their marketing strategy. So, why not check for a coupon in the newspapers or on the Internet before you make your next purchase? Be it groceries, transportation, apparel, furniture or services like doctor’s appointment and electronics repair, coupons are available for anything nowadays. Just take a look at Discountrue.com and all the deals for such popular stores as Nordstrom or Target. If you are lucky enough, you might just hit the right coupon at the right time. Combine a coupon with a sale price, and you're really saving money!
- Do It Yourself
Start doing some simple things yourself, instead of paying others to do it. You can bake your own bread (here's one of my favorite recipes), grow some of your own food in a backyard garden, eat meals at home, and brew your own coffee instead of paying for that fancy coffee place. You can even make your own DIY beauty products! The possibilities are endless, as anyone who has ever visited Pinterest can tell you, and you'll be surprised how fast the savings add up.
- Join a Customer Rewards Program (or several)
If you happen to shop fairly regularly at any one particular store, don't forget to sign up for their loyalty rewards program. They keep on giving back in the form of credits and promo codes, which help you in cutting down the costs on your future purchases. Whenever there's an opportunity you need to take advantage of it.
It all boils down to this -
Whenever you spend, ask yourself if there’s an alternative which costs you less and provides the same benefits. And then save that difference in cost or apply it to your debt, and you will soon see an improvement in your financial situation. Just by doing these few simple things!