“Nothing will save as much money as always eating from home. If you dine in a restaurant in the U.S., $20 is not a $20 meal. There are tips, there are taxes, and there are drink fees,” shared one.
"For example, my wife and I could drive much nicer cars. But we’ve chosen to drive ‘below our means,’ which is a significant amount when you don’t have a car payment,” shared another.
“List your monthly expenses (rent, mortgage, utilities, insurance, gas, groceries) and deposit that into a separate bank account. Then, use that account to pay your bills,” one stated.
Deposit Money for Monthly Expenses in a Separate Account
One person volunteered, “Don’t have children until you are financially able. It might sound awful, but it can take upwards of $250,000 to raise a single child, and many people don’t think about it."
“The easiest way to save money without changing your lifestyle is to buy off-brand food. For example, why spend three dollars on cookies when you could purchase off-brand cookies for $1.50?"