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Military Saves Week What Can You Do - USAA Community.jpg

 

Saving money doesn’t have to be hard, and you don’t have to make a lot of money to save it. There are always ways to save, even if you aren’t physically putting money in the bank each month. Whether you are scoring online deals or just overall being more money-conscious with spending, you could potentially be savings hundreds – or even thousands a year!

 

If the thought of saving is hard for you, or perhaps you need a little help taking a deeper look at your spending/saving habits, financial readiness campaigns such as Military Saves helps to support and create awareness around saving money and reducing debt.

 

There are effortless ways to get started. Starting off small can be a terrific way to also get the entire family involved.

 

Ready to see what you can do right now to start saving?

 

Here are 13 simple tasks to help you save money that anyone can do, and even invite the whole family to participate.

 

  1. Take the Military Saves pledge. This can be your first step towards staying on track to building wealth.
  2. Start saving change in a jar or piggy bank. Empty out those pockets and have the whole family place all their spare change into a jar or piggy bank. It’s a great habit to get into daily – as the change does add up!
  3. Check out thrift stores. Before heading out to a major retailer, check with your local thrift store or consignment shop. Many times, they have brand new or gently used at half the price!
  4. Reduce your bills. It only takes a few moments to sit down and analyze what you need vs. what you want. Utility bills such as cable can be cut to save money – especially when you don’t use it often. Also, reach out to your utility, cell phone or car insurance company and inquire about rates as well as sales. Many times, they run specials that can save you quite a bit off your monthly bill. Don’t forget to ask if they give a military discount!
  5. Designate a “no spend day”. Grab a calendar and set certain days of the month where you are not allowed to spend anything. Designating these days on the weekend may be best, as this is the time we tend to spend most.
  6. Eat at home. Possibly one of the hardest, try and reduce the times you go out to eat. Eating at home is not only cheaper, but sometimes healthier.
  7. Grow your own produce and herbs. Why is it so expensive to eat healthy? Because produce is expensive! Grow your own and see the savings off your food bill.
  8. Shop smart for food. Buy brands based on sale prices, buy in bulk and even order your groceries online! Some services may have a fee for shopping or delivery, but shopping online keeps you aware of what you are adding to your cart, as well as the total. No more shocking totals at the checkout line.
  9. Purchase gas using rewards. Find grocery stores that partner with gas stations where you get a discount off gas for shopping at their store. Research prices as well as what kind of discounts and specials are being offered in your area.
  10. Utilize Groupon. For those nights that you want to get away to a movie or restaurant, check out Groupon.com for local specials. Many times, you can find discounts off food or even free passes to the movies.
  11. Use Your Local Library. As much as we want to add to our collection, borrowing books from your local library instead of purchasing them can help you save money.
  12. Don’t sacrifice quality. Saving money is also about spending it when needed. If your kids need new sneakers, don’t settle for a cheap brand that will only have you shopping again in a few months. Spring for excellent quality, and perhaps ones that are on sale so that they last and you spend less in the long run.
  13. Read finance blogs. Sometimes the best way to hold ourselves accountable is by reading and seeing what others are doing. Book mark some favorite finance or money related blogs, subscribe to their newsletters and keep learning about how you can save money.

    Some of my favorite finance blogs are:

Don’t forget that Military Saves week starts today, and runs all week; February 25 – March 2, have you taken the pledge yet?

 

How will you start saving? Did we miss anything else? Share with us in the comments below.

 

Related Posts:

Breaking the Cycle of Living Paycheck-to-Paycheck

5 Stay-At-Home Date Night Ideas

 

About the blogger:
Angela Caban is an Army National Guard spouse, published author and branding expert. In 2010, she founded the Homefront United Network, a military spouse and family support blog created to assist spouses who do not live near an installation, but also focusing on bridging the gap between National Guard, Reserve and Active Duty spouses. She has an extensive background in Human Resources and Communications, with her Bachelor’s in Business Administration and a Master’s in Human Resources. Angela resides in the beautiful Garden State of New Jersey with her husband and two children.