How to Save Money (like a Pro)- My Favorite Money-Saving Tips

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Are you looking for the best ways to save money?

Look no further as I've compiled the absolute best ways to save money like a pro. I guarantee you'll find some of the most unique ideas you've never heard of.

There are so many easy ways to save money. I'm also continuously adding additional ways to save money so check back for updates!

You'll want to check out my favorite money-saving tools here as well to get you off to a great start on your money-saving journey!

Read below for my best money-saving tips to help you conquer your goals and achieve financial independence!

How to Save Money

There are so many great ways to save money!

If you are looking for some unique money-saving ideas, you'll want to check out my blog posts below!

Money tip: Sign up for a site like Rakuten that allows you to earn CASH BACK for your everyday purchases. It's an amazing way to earn an extra 2-20% back on purchases you already make! Plus, when you sign up with my link, you'll earn $30 cash right away after your first purchase. Read my full review on Rakuten here.

Bonus money tip: Use a company like Rocket Money to find and cancel subscriptions you didn't know you had. This helps people save hundreds of dollars without any effort!

How to Save Money at Home

Some of the easiest and best ways to save money is to look right within your household. Take a look at things you can cut out or change to save some extra cash.

One of the best ways to save money at home is to drastically decrease your cell phone bill by moving to Mint Mobile! This company offers cell phone plans for a fraction of the cost of our average cell phone carriers. It saved my family a bundle per month just by making this one change to Mint Mobile!

Here are some of my favorite ideas that have helped me to save thousands over the years!

How to Budget and Learn Smart Money Management

Financial stability is one of the biggest causes of stress in our world today. Mortgages, rent, car loans, student loans, and credit card debt can cause major stress.

However, having a plan set forth on how to budget and manage your money will completely change your life.

Not sure where to start?

Don't worry, I've got you!

I've shared my expense/budget trackers, debt trackers, emergency fund printables, and full financial organizers for FREE so you can create your own financial binder.

Each article includes step-by-step tutorials on how to budget your finances, get out of debt, and reach your goals quickly!

Money saving tip: Sign up for a high yield savings account today to start earning interest on your money that's probably earning 0% interest today. Your emergency fund should be collecting interest while it sits. HYSA's offer 16x more interest than a traditional bank account, are risk-free, and are super easy to start! My favorite HYSA that meets all of my criteria is linked here for you. Read my ultimate guide to HYSAs here.

How to Save Money through Investing

Investing my money wisely is one of my favorite ways to save (and make) money.

I aim to make investing easy by providing you with step-by-step guides that walk you through how to invest, when to invest, and why investing is important.

If you're interested in saving money through investing, you'll enjoy my posts below!

Money tip: Sign up for a brokerage account to start investing today. M1 Finance is a great brokerage for beginner investors.

How to Save Money Shopping

I firmly believe that saving money doesn't have to mean NOT enjoying life or NOT doing the things you want to do.

In fact, I believe saving money is ALL ABOUT still doing the things you want to do and buying the things you want to, but doing it in a cost-effective way. In fact, I pride myself on getting expensive items for cheap.

These days, I don't even want an item if it's not on sale. It's not fun to pay retail.

Here are some of my favorite ways to save money shopping:

Unique Ways to Save Money

I love coming up with creative ways to save money. In fact, one of the things I've become really good at is saving money on buying a new car from a car dealership.

I now negotiate deals for my friends and family for fun because my track record has become so good. I've shared my tips and my exact strategy to save money when buying a car in the posts below.

What is an Emergency Fund?

An emergency fund is an allotment of money preferably saved in a high-yield savings account that is saved for a rainy day. I typically say you should save 6 months of expenses in case of job loss, injuries, health incidents, etc.

Read my ultimate guide to emergency funds and get your free emergency fund printable here.

What is the 50/30/20 Budget Rule?

This budgeting rule states that you will divide your income into 50% needs, 30% wants, and 20% savings. This way, you are paying yourself through savings while also living and enjoying your life.

By doing this, you'll be ahead of the curve as the average houshold savings rate in 2022 in America was 5.1%.

What is the 30 Day Rule?

The 30 day rule is a money-saving strategy where you put off all impulse and non-essential purchases for 30 days. This is a way to get you back on track financially and help you catch up to your goals.

During that 30 days, think about those purchases and whether or not they are essential.

How to Save Money Summary

There are so many easy and creative ways to save money! The most important part is planning efficiently through good money management, debt payoff, and budgeting.

Another way to have more money in your bank account is to find creative ways to make money! I absolutely love coming up with ways to make money. In fact, I'd say it's one of my superpowers as my brain can't stop. (I literally think of ways to make money every single day without trying…and I add them to my website for you each week!)

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