It can be frustrating when it comes to saving money because living on a budget isn’t always easy. A lot of people these days tend to consider their everyday luxuries as necessities. As vital as your daily brand-named coffee may seem, it can be replaced by a cheaper alternative. That is where the good news comes into play. There are quite a few simple ways to save money that don’t involve getting rid of your favorite things. Instead of looking at money-saving techniques as a restriction, try to consider it as a step towards an overall goal. Whether you are trying to save money to put away for an emergency, a new car, or a vacation, having a goal and set amount in mind can make budgeting a lot more doable … and even fun. Last Updated on January 14, 2020

Keep Track and Stay Focused

Saving money is difficult. If it was easy, there wouldn’t be as much debt in the world. Despite how frustrating it may feel at times, it’s important to stay focused on your ultimate savings goal. Keeping track of how much you are saving monthly can encourage you to keep going. If you ever feel defeated, reach out to a friend or family member for support. Having people around who are encouraging you to succeed can make the whole process much easier.

Switch Your Phone Plan

Cell Phone
Nowadays, some phone plans are more expensive than a car payment. Big companies get away with charging higher taxes and fees because they know people rely on their cellphones. One of the best ways to make sure you’re not overpaying for your cell service is by comparing prices with other competitors. You can also try switching your plan to a prepaid account so you know exactly what you are paying for.

Buy in Bulk

Retail stores like Sam’s Club, Costco, and BJ’s Whole Sale Club offer very competitive prices. One of the ways they are able to do this is because it costs their suppliers much less to distribute their product in bulk compared to small packaging. Customers benefit by paying a cheaper per-unit price for each item. Household items that don’t go bad like toilet paper, detergent, and toothpaste are all good products to stock up on.


Many people don’t realize that almost anything can be negotiable. All you have to do is ask. Unwanted fees are probably the easiest thing to get removed from your account. You can also try negotiating for lower interest rates and better cash rewards. Keep in mind you can also negotiate for a better benefits package at work, room rates at hotels, and even lower food costs at grocery stores.

Try GoodRX

The United States spent an estimated $325 billion on retail prescription drugs in 2015, according to the National Health Expenditures. An average American household spends thousands of dollars every year filling their medical prescriptions. Thankfully, one website is helping people save hundreds of dollars a year. GoodRX offers discount prices on prescription drugs at more than 60,000 U.S. pharmacies. Customers who use the site save an average of $355 a year.
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