Here Are 5 Clever Ways to Save Money This Month

The following are five ingenious ways to save money without having to change your current lifestyle too much. If you are saving up for something you’ve always wanted or just need to pay an extra bill, read on to find out how you can achieve this.

Cut Back on Subscriptions

If you love watching Netflix or just decided to subscribe to catch up on a series that you have missed episodes, ask yourself if you still need it. Most people who do this intend to cancel it once they have caught up on a series.

However, they often forget to do this. So make sure to check that you have canceled any subscriptions that you no longer need. You’ll be surprised how much money you’ll save in a year.

Reduce Coffee Intake

If you pay a visit to your local coffee shop and spend more than $5 on a coffee each day, consider cutting back. If you add up how much money you spend in a week on coffee, you’d be surprised at the amount.

Buying a coffee once each day for seven days adds up to $35 per week, which adds up to $1,825 a year. Surprising, it is not? If you really need your coffee, consider making it at home.

Cut Down on Buying Clothes

If you buy clothes out of necessity, then keep on. However, treating yourself to a designer outfit is something you need to reconsider if you want to save money.

Instead, why not consider visiting local markets or thrift stores? You’d be surprised at the money you’ll save. You can often find designer outfits at a fraction of the price in local markets.

Organize Clothing Swaps

How many times have you heard a friend say that they love your outfit and would like to wear it? Once you get bored with an outfit, why not organize a swap with all your friends?

This gives you clothes that you’ve never worn before without you having to spend a single dime. It’s a good way to update your closet with outfits that you can wear and mix and match with other outfits.