Many times when we think of saving money, we think in terms of the biggest impact. This can be a good strategy. If you can find a way to save hundreds of dollars per month, say by paying off debt, you can get on top of your finances much faster. At the same time, we shouldn’t neglect the little things. They can really help you to save money and get ahead.
For example, if you spend just ten minutes each morning (or the night before) making homemade lunches, you can easily save $30 to $50 or more per week, which can add up to $200 per month. That $200 could help you pay down your mortgage early.
Another 30 minutes per week cutting coupons and planning out meals could save you another $50 to $100 per week for another $200 to $400 a month in savings.
I admit that some of these tasks aren’t fun, but you can take them slowly and in little chunks here and there. Take just 10 minutes to look through your cabinets, and you might find enough supplies to skip a week of grocery shopping. A ten minute tour of your closet or the playroom may find items that you can sell on Ebay or through consignment.
Another benefit of looking through your existing items is that you may find less of a need to spend additional money. For example, you might be inspired to update or combine existing outfits, or the kids may rediscover old toys that had been ticked away in a corner.
The point here is that every little thing that you do to save money can add up to help you reach your goals. Take each bit of that savings and either pay of debt or invest it. You’ll soon see a snowball effect take place and find yourself with more and more money as you do away with interest charges and find that you can comfortably live with less.
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