Money Saving Tips for Budgeting Virgins

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(Last Updated On: February 25, 2019)

 

Over the past several years on this blog, we’ve shared a bunch of money saving tips.

saving-money-tips
money-saving-tips

In an effort to make your life super easy (which is our goal), here are the top posts on money saving tips. Bloooop.

 

>> How to Repay a Massive Amount of Debt With a Zero-Sum Budget

If you want to repay debt or put more money in savings, check out this 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.

 

>> How to Save Money When You Feel Broke as Hell

Calling all my pre-rich people! 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 each month for savings in that post.

 

>> A Simple Way to Automate Your Savings

One of my favorite ways to save money is with the Digit app. It’s an app that saves small amounts of money for you automatically. It scans your bank account and looks for money you have to spare.

The automatic transfers move from your checking account to the Digit account. The transfers are typically from $5 to $50 and only if you have money to spare. Wanna know how good it works? Just last November I saved up money in the accounts for trips to the Caribbean. If interested in Digit, sign up here or read this read review. If you sign up with this link you get a bonus $5 to get your account started!

Digit app costs $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!)

 

>> 4 Online-Only Savings Accounts that Pay a Ginormous Amount of Interest

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 listed in the post above offer boombastic amounts of interest and the post explains why these accounts pay out more than your typical bank branch next door.

 

>> How to Lower Your Comcast Bill

Lastly, cutting bills is a hugely important way to reduce your expenses so you can save money. This post is a hack for lowering recurring bills.

Enjoy!

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