Have you been struggling lately with costs rising faster than paychecks? Saving money is challenging, but with some easy tips you can stash away extra cash and reach your financial goals. Forget extreme couponing or living on ramen noodles. You don't have to make huge sacrifices to your lifestyle to afford the things you want.
Simple changes to your daily habits can have a big impact without causing you much stress or hardship. Even if you only save 10 dollars a week, that adds up to hundreds over a year. In this blog post, we're going to give you some simple ways to change your spending habits and keep more money in your pocket each month. With the right money-saving mindset, your savings account will grow in no time!
Track Your Spending or Make a Budget
To start saving money, figure out where your money is going each month. Step 1 is to track your monthly payments by reviewing bank and credit card statements to check your major expenses. Then, make a budget to allocate your income to essential costs like:
- Medical or auto insurance (car insurance)
- Credit card or student loan debt
- Discretionary spending (entertainment, hobbies).
To make your budget work, you're going to need to stick to it. Check your statements regularly to catch errors or fraud quickly. If you do overspend in a certain area, look for another expense to work on to make up the difference. Review your budget each month and make revisions as needed based on changing income or expenses.
The important thing when saving money is changing your mindset and habits. While a budget seems quite restrictive at first, it will give you more freedom and control over your finances in the future. With some time and practice, saving money can become second nature. Stay motivated by keeping your big-picture goals in mind and reward yourself for milestones achieved along the way. If you make saving money a collaborative effort with family or friends, they will also help keep you accountable and make the process more exciting.
Can't find your perfect budget? Well, while it does ultimately depend on your lifestyle, a good rule of thumb is to spend below 50% of your money on needs and keep discretionary spending at no more than 30%. Once you have your budget, look for expenses to reduce or eliminate. Could you cancel unused subscriptions? Shop store-brand or in-bulk? Should you ask about a lower interest rate on credit cards or refinance high-interest debt?
With consistent tracking, budgeting, and adjustment, you'll be socking away more money in no time and gain greater financial security. Saving money is challenging but so worth the effort.
Meal Plan and Cook at Home
Once you've created your budget, what's next? Well -- now it's time to start implementing it. If you found that you were spending too much on food, an easy way to start reducing is by starting a meal plan, and obviously, cooking your food at home.
Take some time this Sunday and plan your meals for the week. Figure out what you already have in the pantry, cabinet, fridge, and freezer, then make a grocery list for anything else needed. Having a plan will save you from impulse buys and reduce food waste. Plus, you're bound to find recipes or flavours you might've never discovered before.
Cook food in bulk
When you do cook, make extra portions to have for lunches or freeze for later. Things such as soups, stews, chili, casseroles, and pasta sauce are perfect for bulk cooking. You'll save time and money, and have homemade food on hand whenever you need it.
Find cheap, healthy recipes
Search online for cheap, healthy meals. Some affordable options include:
- Rice and beans
- Omelets or scrambled eggs
- Lentil soup
- Vegetable curry over rice
Shop sales and use coupons
Buying ingredients when they're on sale and stocking up on non-perishables is another great idea. Use coupons when applicable to unlock the best deals on staples. Also, try going grocery shopping less frequently, switch to online shopping, or even move the money you need to shop to a different bank account and keep the rest in a separate savings account.
Saving Money? Get Yourself a FREE PHONE With EASY Wireless!
In the spirit of finding ways to save money, we thought we would introduce EASY Wireless' free phone & data plans -- offering eligible individuals access to a bunch of incredible connectivity benefits. Without your phone bill holding you back, hit your savings goals in no time!
Whether you just want some action in your savings accounts, you're trying to build an emergency fund, or you're getting close to paying interest on that personal loan you took out, we're here to help. So who's eligible to receive a free phone? Well, upon qualifying for government programs like Lifeline & ACP, you become eligible for our free phone benefits as well. Here's some info about those programs:
What Benefits Do You Receive With EASY Wireless?
Upon qualifying for one of the programs above with EASY Wireless, you will receive the following benefits:
EASY Wireless Unlimited Plan
- FREE Unlimited Data
- FREE Unlimited Talk
- FREE Unlimited Text
- FREE SIM Car Kit and Activation
- Choose to Keep Your Number or Get a New One
How do I Apply For EASY Wireless Benefits?
To get started with EASY Wireless, apply online by clicking the below:
Start Saving Today!
Or you can come to one of the EASY Wireless's retail stores, where our customer service agent will help you apply for the benefits.
Either way, the first step is to provide proof of identity with a government-issued ID. This is so you can confirm your participation in one of the qualifying programs or that you meet the household income requirement.
We accept the following U.S. Government Issued ID:
- U.S. Driver License
- Certificate of U.S. Citizenship
- Certificate of Naturalization
- U.S. Passport
- U.S. Government, State or Tribal issued-ID
- U.S. Military ID cards
- Permanent Resident Cards
- Permanent Resident Alien Cards
You can show the following documents to prove that you are taking part in a government assistance program or use them as proof of active benefits:
- Statement of benefits from a qualifying Program.
- Notice letter of participation, such as an award letter
- Program participation documents, such as a screenshot from an online account.
- In order to show income, you can provide any of the following proofs:
- Unemployment Documentation
- Copy of your State or Federal income tax return.
- Three months' worth of current pay stubs.
- Veterans Administration or SSI benefits letter.
- A divorce decree or child support document that states income.
- Retirement or pension statement.
Need More Than Just One Line of Service or an Additional Phone?
EASY Wireless is a full-service cellular store that cares about all of your communication needs. We have a wide range of pre-paid plans for every budget and usage requirement. Also, we offer a selection of brand-name phones that combine quality, reliability, and the latest technology.
That's not all – we also provide an array of amazing accessories to enhance your mobile experience. At EASY Wireless, we're dedicated to providing exceptional service and ensuring you find the perfect plan, phone, and accessories to suit your lifestyle and preferences.
Visit us for all your cell phone and wireless service needs today!