Saving Money Daily

www.lifethenfinance.com

Make it a Habit to Save Money on a

Daily Basis


Even on a daily basis, you can find ways to tuck

money away for a rainy day!


Strategies to help youget into the habitof saving money:


• Create a separate spot for savings• Remember: Small deposits add up quickly• Find bargains wherever possible• Use more cost-efficient solutions

Saving Money


Create a Separate Spot for Savings

• Set up automatic transfers from checking account to savings account

• Use a sock drawer or safe - $5 at a time

Tip:Out of sight, out of mind!


Small Deposits Add Up Quickly• By using an interest-bearing savings account,

you’ll allow the interest to add to the savings. • As the account grows, so too will the amount

you receive in interest.

Savings can snowball by

accruing interest.


Find Bargains Wherever PossibleKeep your eyes open for money-saving opportunities: • Sales• Coupons• Preferred customer discounts• Buying used• Online sales, coupon codes, and discounts• Research where you can find it cheaper• Sign up for the store’s email list.


Finding More Efficient Solutions

• Pack a lunch instead of buying one.• Buy a 24 pack of soda at the grocery store,

instead of going to the vending machine everyday. • Analyze your daily routine to discover how you

could do some of your normal activities in a more cost-efficient way.


Tip:Save the eating out for when

it’s important to you!


Self-Reflection Questions:• How much money do I have left over after a pay

period?• Do I have a place where I can stash the extra

cash?• What can I do to cut my spending and save more?


Action Tips:

• Decide on a place to stash away money. • Save money by bringing lunch from home or buying

your favorite snacks from the store, instead of using the vending machine.

• Have the bank automatically withdraw money into a savings account for you.

Documents

Saving Money Daily