How to Help You Save in the New Year

Hello 2022!! I do hope this year is kind to everyone.

What better way to start off the new year than trying to save yourself money? Below is a list of great tips to get you going.

Establish a budget

Set savings goals

Try the 52 week money challenge

(link will be in the bottom

of this post)

Save part of your paycheck; use the 50/20/30 budget.

50% of your check goes to essentials, 20% of your check

goes to savings and the 30% goes to personal needs.

Put your bills on autopay

Match your spending with saving; this is a great tip for

when you buy non essential items for example that

Starbucks latte. Whatever you spend on that non essential item,

put the same amount into your savings.

Choose your credit card wisely

Try different apps to help save you money

Upgrade your bank account; if you aren't getting much

interest from your savings, consider transferring the

balance to a high yield savings account.

Stick to your bank's ATM

Look for multi-policy insurance discounts

Buy household items in bulk

Prep and cook meals at home

Grow your own food

Stay inside instead of going out

Buy generic brand items

Always, always compare prices

Take advantage of shopping apps

Sell items you don't want or use

Evaluate subscriptions and memberships

Create your own home gym

Switch your light bulbs out and use LED

Unplug appliances that aren't in use

Shop around for gas on gas buddy

Change your car's air filter

Enjoy free activities vs paying for going out of the house.

52 Week Challenge Link