Skip to main content

10 Best Ways to Save Money in 2018



10 Best Ways to Save Money in 2018

HK 

 One of your goals this year might be to take control of your finances by spending less, paying off your debt, and saving more money. If saving is indeed one of your goals this year, then check out these 10 best ways to save money.
1. Track your spending.
The first step to saving your money is to figure out how much money you’re spending on a daily or monthly basis. This money saving tip is crucial. Indeed, it’s hard to know if you’re spending less or more if you don’t know where your money is going.
So, track all of your days to day expenses such as the $3 caffe latte you buy every morning, or every newspaper you buy on your way to work.
Once you have an idea where you spend your money, set a savings goal. Your savings goal can be short term or long term. A short-term goal is something you want to achieve within the next couple of years.
For example, the goal might be to pay off credit cards, go on vacation, or by a car. Whereas a long-term goal is something that you want to achieve in around 5 years or more. This could be buying a home or saving for retirement.
Whatever savings goal you may have, make sure it is as realistic as possible.
One of the best ways to save money is to put your money into a savings account where it will grow faster. High yield online savings accounts are a better choice because you can earn better interest on your savings.
4. Make saving automatically.
Saving money is easier said than done. That’s why it’s important to make saving automatic by having a portion of your paycheck be directly deposited into your savings account.
5.  Save money by taking surveys.
You might not have thought about it, but taking surveys is among the best ways to save money. You can earn an extra $500+ per month taking surveys. This extra cash can help paying off debts, and therefore save you money in the long run.
  • InboxDollars pays you in cash to watch fun videos and take surveys. They’ll also give you a $5 bonus for free just to give it a try. By spending just 5 to 10 minutes on your free time, you can earn $50 to $70 a month with InboxDollars.
  • Swagbucks. Just as Inbox Dollars, Swagbucks pay you to watch videos, shop online, take polls etc.. You get paid $5 as a sign-up bonus from Swagbucks.
  • Ebates (Earn up to $40 cash back)
  • PineCone Research (Earn minimum $3 per survey)
  • InboxDollars ($5 sign up bonus – has paid its members so far $40 million. Watch videos, take surveys, shop and more. 
  • Global Test Market (Earn $10/hour – Best International Paid Survey Sites)
  • YouGov (There is a registration bonus of $2 and you can easily earn $8 – $10 per hour.
  • MySurvey ($2 Sign up bonus +You make $5 per survey.)
  • MySoapBox. You can easily make $15/hour taking surveys. They even have a sign-up bonus of $2.
For a complete list of surveys sites that pay cash, see 15+Paid Survey Sites That Will Make You $500/Month.
6. Accountability.
Once you’ve determined what your goals are and have chosen your savings account, it’s a good idea to tell your friends and family members about your savings goal so they can hold you accountable.
7. Cut back on expenses
One of the best ways to save money and achieve your short-term savings goal is to cut back on your expenses, especially on the unnecessary items like Cable TV, memberships, magazine subscriptions, etc.
8. Save money by driving Uber and Lyft in your free time. 
If you need to save more money, why not drive for left or Uber. You won’t get rich doing this, but you will certainly make money to cover some of your expenses. You can easily make a few hundred or a few thousand dollars extra per month.
If you’re interested in starting a blog that makes money fast, I created a step-by-step guide that will help you start a blog of your own for cheap, starting at only $3.95 per month (this low price is only through my link) for blog hosting. In addition to this low price, you will receive a free blog domain (a $15 value through my Bluehost link if you purchase at least 12 months of blog hosting.
9. Set up an emergency fund.
Whatever your goals may be, it’s a good idea to put some money aside for emergencies. Keep this emergency fund separate from your savings. Try to save enough money to cover at least 3 to 6 months of your expenses. See this article for tips on how to create an emergency fund.
Looking for great savings account for your emergency fund? See this savings tool for top rates on savings accounts.
10. Save money by selling your expertise with JustAnswer.
We all have something that we are good at. Why not get paid for it? Sites like JustAnswer will actually pay you for the knowledge, experience that you already have by answering questions, offering advice or writing educational content.


Comments

Post a Comment

Popular posts from this blog

How to Make Money on YouTube, According to 3 People Who Do

Every day,  five billion YouTube videos  are watched around the world. And they're not just being watched -- they're being devoured. The average YouTube session by any one viewer is roughly 40 minutes, up 50% from the previous year, according to Omnicore. If only there was a way to make money off of a website people spend so much time on. As a matter of fact, there is! A few ways, actually, and the proof is in the people (and businesses) who've cashed in on their  video strategy . Free YouTube Course: Successful Strategies to Grow and Optimize Your YouTube Channel Who's making content worthy of a nearly hour-long visit to youtube.com? Well, YouTube isn't just for amateur filmmakers and people videotaping their zainy housepets anymore. Musicians, TV networks, small businesses, and the self-employed all find monetary value in posting their own amazing content on a YouTube channel. An active, entertaining YouTube channel -- which is free to make through a G...
Post a Comment
Read more

Have You Ever Tried to Make Money Online?

Do you see the internet as a way to earn extra cash? Do you view it as an alternative to a traditional job? Hakim Ahmed The internet seems to offer plenty of opportunities for teenagers to earn money: selling vintage clothes via Instagram; listing unwanted Magic and Pokémon cards on eBay; posting videos on YouTube and hoping they go viral. Have you ever tried to make money online? Were you successful? What happened? And if you’ve never made a dollar on the web, have you at least thought about it? What would you want to sell or do to try to earn cash on the internet? Do you think making money online is easier or harder for most teenagers than just getting a traditional job, like working in a store, a movie theater or a restaurant? Why? In “Here’s What’s Happening in the American Teenage Bedroom,” Taylor Lorenz writes about Rowan Winch, a 15-year-old who has had an unusual degree of success making money online: For years, Rowan Winch was nothing if not onl...
Post a Comment
Read more

Important Benefits Of Paying Back A Reduced Amount Over Paying Off Debts In Full

 If a family member, parent, friend, or someone else is willing to pay your debts off for you, should you let them? Most clients who we have spoken with after making this mistake have shared that they wished they had not paid back their unsecured debts in full. They often said, “It was the  worst mistake  I’ve made.” Read on to discover some very important information that could save you a considerable amount of frustration and money. Let’s say that you do come across that lump sum of cash needed to pay off your debts. Before you spend a dime of it, you must do a financial analysis of your situation. Let’s look at the financial analysis: Is This Money You Received Going To Be Ongoing? For example, let’s say you will now be receiving $50,000 extra every year in a bonus. Or, as another example, your new product is now selling in your business and you anticipate making a lot more each year than the debts you have. If this is the case then it woul...
Read more