Be Thrifty In 2016 With These 10 Amazing Money-Saving Tips

by N/A, 7 years ago | 2 min read

Budgeting has never been easier.

Money saving finance Non-Premium

1. Get a digital piggy bank so you know exactly how much you have saved.

Get it here.

2. Add an increasing amount to your piggy bank each week.

Start the first week by adding $1 to the bank then add $2 the week after and $3 the following week. You'll have $1,405 by the end of the year.

3. Get a super cute piggy bank that you'll actually want to use.

Get it here.

4. Get a mortgage loan schedule, or amortization schedule, to help you pay back your loans plus principle each month.

5. Get paid to work out.

Download the Pact App which helps you earn money for eating healthy and working out.

6. Open different accounts for different expenses.

Keeping a separate account for saving, spending and bills. This way you won't spend more money than you have.

7. Hide your credit cards from yourself.

If you're a compulsive spender, give your cards to someone or freeze them in a block of ice. You can also force yourself to only use your credit card on the items that are most beneficial to you. If you earn a specific percentage back on gas or groceries, only use your card for those items.

8. Take out the amount of cash you need for the week, instead of using your card.

Only use the cash you've pulled out at the beginning of the week instead of cards. You'll be more aware of how much you spend each week.

9. Use cash instead of card whenever you can.

You'll be more mindful of your spending when you are physically losing money each time you spend.

10. Choose a note value and save each one that you get that month.

If you choose a 5, keep every $5 bill you receive that month instead of spending it.