Over the past several years of blizz-oging (a.k.a. blogging in cool slang), I’ve learned about and written posts on a bunch of money saving tips.
In an effort to make your life super easy (which is my main goal in life), I put together top posts with money saving tips for budgeting virgins and newbies.
So, let’s get into it.
If you want to repay debt or put more money in savings, check out my budgeting method. This is the method I used to pay off the final $4,000 of my student loan within six months after not making more than the minimum $100 monthly payment for several years.
Yea. I was that chick.
Learn my budgeting methods and if you want a zero sum budget workbook of this method… check out the workbook I created here.
Calling all my broke peeps! If you’re struggling to make ends meet or living paycheck-to-paycheck saving can be tough. But, it’s necessary because you need an emergency fund in case ish hits the fan.
Learn how to squeeze month for savings in that post.
One of my favorite ways to save money is with the Digit app. It’s an app that saves small amounts of money.
(Update: The Digit app used to be free. Now, they’re rolling out a $2.99 per month membership fee to use the app after a 100-day free trial. I’m reviewing another free savings automation tool as an alternative. So, hold tight!)
The automatic transfers move from your checking account to the Digit account. The transfers are from $5 to $50 and only if you have money to spare.
Wanna know how good it works?
Just last November I saved up over $600 in my Digit account over 5 months and we used it to go on a Thanksgiving cruise. Since then, I already have over $800 more dollars in the account that I’ll be using for airfare on a trip to St. Marteen in July.
So, moving on to where to put your savings…. A Digit account above is good to start building savings, but that account doesn’t earn interest.
You should transfer money to another savings account that does earn interest.
The four savings accounts that I listed in the post above offer boombastic amounts of interest and I explain why these accounts pay out more than your typical bank branch next door.
Lastly, cutting bills is a hugely important way to reduce your expenses so you can save money. I tell you how I was able to lower my Comcast bill and how you can reduce other reoccurring monthly bills in this post.
No worries. I created a e-workbook for you where I divulge my whole pocketbook of tricks. Pick that up here.
— This post or page may contain affiliate links. Don’t worry, though. I only promote products that I’ve used or truly believe in.