“You Don’t Have to Be A Tightwad”: 6 Simple Ways to Save Money That Don’t Require Extreme Frugality


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.

One of the most effective financial hacks is to save your raise. It is challenging to increase savings because doing so requires giving up something you have grown accustomed to.

Save Your Raise

Give Yourself Occasional Treats

The yearly price tag is eye-popping when you factor in the price of coffee and bagels in the morning, lunch at a nice restaurant, after-work drinks, and late-night clubbing.

Determine the cost of purchasing and replacing clothing, furniture, and accessories that are of poor quality or go out of style.

Buy Quality

The affluent acquire value for their money. They determine where it’s going and search for ways to reduce waste without sacrificing what’s essential.

Take A Cue From The Wealthy

You may be able to haggle down your cable, internet, and even insurance costs.

Negotiate Your Bills 

Putting money into your education, training, or personal growth can increase your earnings and employment opportunities down the road.

Invest In Yourself

Swipe up to continue reading!