8 Ways to Save $50 Per Month Now (Part Two)

Note: This is part two. Please see post below for part one.

When your budget is tight, it can seem impossible to save $50. Here are eight ways to help you do it quickly and relatively easily. Give it a try. You might be surprised at how easy it can be.

 5. Groceries

Coupons can save you a fortune when matched with weekly sales, but it does take time that some people are not willing to spend. What if you could do it electronically? Several stores in the area, including Kroger, Tom Thumb and CVS give you the ability to upload manufacturer coupons directly to your store cards. That saves you both time and money. Check out http://shortcuts.com/stores or Proctor&Gamble Everyday Solutions. You can also sign up for free daily e-mails from Never Pay Retail Again, which tells you what coupons match sales at various grocery stores nationally. It also provides information on deals at other retailers.

 6. Entertainment

Movies and eating out add up quickly – especially if you have a family. Brown bagging your lunch just one or two days a week is all it takes to save $50. Or, instead of take-out, buy from the deli at your local super market. Often, you can get the same thing for half the price. Also, look for restaurant coupons in your local sale papers or at restaurant websites.

Movies are another big budget buster. You can rent three of four movies for the cost of seeing one movie at a movie theater. If you’re not willing to sacrifice the big screen, consider the matinee, which is significantly less expensive than regular price.

7. Jobs and Hobbies

If you have a job that offers overtime, working just one extra hour a day can really add up. If you do not work outside the home, consider which of your hobbies may earn you some extra money. Are you an excellent cook? Try selling your cooking services to busy families for a small fee once a week. Do you make jewelry? Sell your wares at a local boutique or on Ebay or Craigslist. Do you have children? Offer babysitting services in your home one day a week. Do you sew? People are always looking for a reliable seamstress. Which of your hobbies can you turn into a money maker?

8. Debt

Credit card or other revolving debt can take a serious bite out of your budget. If your credit is good, look for offers to transfer your balances to credit cards with lower interest rates. Just be sure to make your payments on time or that low rate will quickly rise to double digits. Refinancing a car or a mortgage could also save a bundle on monthly payments.

Comments

[Eriq S]

I had no idea you could electronically link coupons to your shopping cards - I'll definitely try this trick, thanks!

~Q~

[NCU Blog Team]

Eriq S: We're glad you picked up a tip that can help you. That's what this blog is all about out. Thanks for your comment. Make it a great day.

NCU Blog Team