12 Ways Almost Anyone Can Supercharge Their Saving

Living in Poor

In 2023, saving money, however possible, is at the forefront for millions of people daily. Thankfully, there are proven strategies that will undoubtedly lead to a larger bank account — and they’re more straightforward than you think to implement into your daily life.

Recently, sensible spenders met in an online discussion to reveal how the average person can supercharge their savings.

I wish I were still in my 20s so I could throw that around arrogantly toward my friends, but alas. The premise behind “Act Your Wage” is simple: You shouldn’t live above your means.

1. Act Your Wage

2. Shop at Secondhand Stores

Why would anyone buy brand-new items when refurbished and secondhand items are far more logical? “Buy secondhand before you buy brand new,” reveals one savvy consumer.

Whether it’s challenging a friend or significant other to a savings race or simply competing against yourself, I’ve found making financial wellness something that you can track and make a game out of it to be beneficial.

3. Make It a Competition

Although this may not be advice prospective parents want to hear, the reality is that having kids puts a severe damper on your financial prospects. If you choose to have children early in life, you’re more likely to face financial hardships.

4. Put Off Having Kids

Dining out at restaurants is one of the least-responsible ways to spend money — and everyone knows it. Therefore, the best way to save money is to learn how to cook at home.

5. Dine Out Less

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More posts:

Poverty Finance: 10 Extreme Things Only People Who’ve Truly Been Poor Have Done to Save Money

“Extreme Frugality is Toxic”: 12 Simple Ways to Save Money That Don’t Require Being a Tightwad