4 Ways To Save Money In The New Year

Saving money can be a hard task when money makes it easier to get things done. According to Empower, travel ($155/mo) and fine dining ($138/mo) are the most expensive non-essentials respondents spend each month. This isn’t a monthly grocery bill, but fine dining. If you find that you are spending too much money on food or other things that don’t serve you, then this article may be worth reading.

Below you’ll find suggestions to help save money, create a budget, and cut back on spending on things that are convenient but aren’t necessarily conducive to your health and well-being.

If you really want to feel like an adult, create a budget, and even better, stick to it. Saving money is all about being fiscally responsible. By creating a budget, you’ll know your target range and how to stay within your limits when you go grocery shopping. Another way to make sure you stay under your budget is by getting generic brands. It’s the same ingredients, without the fancy wrappings.

Making food at home doesn’t have to be a daunting task, especially if you plan ahead. You could make Sunday’s the day that you plan out the meals for the week. You could even meal prep. And meal prep doesn’t have to be the same meal every day; you could make each meal different.

A sure-fire way to ensure that you don’t touch your savings is by opening a separate savings account (preferably at another bank). This has proven to work for me, as the other bank is further away, which means it’s not as accessible. I also do automotive savings, which is another recommendation if you want to create a system and stick to it. The money is automatically transferred, and you don’t have to lift a finger.

The convenience of fast food, dining out at restaurants, and delivery food services is hindering us in many aspects. Mostly in the pockets, but health-wise, we are becoming addicted to letting someone else cook for us, with no real awareness of what’s going into our bodies. Cutting back on all of these conveniences, making healthy meals at home, and eating fresher produce will prove to save money and health bills in the near future.