The ACP program is currently paused pending funding by Congress.

How to Start Saving Money This Month (No Excuses)

How to Start Saving Money This Month (No Excuses)

You know you should be saving money, but actually doing it is another story. From bills or student loans to rent or just wanting to actually enjoy life, saving money often seems impossible. The good news is, with some simple changes, you can start putting away cash each month without feeling like you’re denying yourself everything exciting.

Saving money doesn’t require some magic formula – it just takes making a plan and sticking to it. Even putting aside $50 or $60 a month goes a long way over time thanks to the power of compound interest. Ready to stop making excuses and start growing your savings account? In this blog post, we’re going to be exploring some easy money-saving tips while that allow you to keep the things that matter to you. With some time and discipline, you will be amazed at how much your small savings add up.

Make a Budget and Stick to It

Creating a budget is the first step to saving cash. Start by checking your bank or credit card statements to track spending habits from recent months. Note how much you spent on essentials like rent, utilities, loans or credit card debt, and grocery shopping versus discretionary items like dining at restaurants and online shopping.

Reduce Expenses Where Possible

Reduce Expenses Where Possible

Next — find ways to start reducing your expenses. Check for areas where you can save without too much sacrifice. Here’re some easy ways to save money each month:

Quit Cable

Cable TV packages are expensive, often $50-$100 a month or more. Switch to a streaming service like Netflix or Hulu for a fraction of the cost. You’re still going to have plenty to watch at a huge savings.

Cook More, Dine less

Cooking meals at home is so much more budget-friendly than dining out. Try making your coffee, lunches, snacks, and dinners at home during the week. Eating out is a treat, so save it for the weekends only. You can save $200-$500 a month or more by pushing back on takeout and restaurants.

Energy Efficiency

Simple habits like turning off lights and electronics when not in use and a programmable thermostat could lower your utility bills significantly. Unplug devices like phone chargers and laptops when not using them – they draw power even when idle.

Shop Store Brand Items

Food, toiletries, over-the-counter medicines, drinks – there’re lots of options to save by choosing the store brand. They work just as well as name brands but at a fraction of the cost.

Cancel Subscriptions

Check your monthly subscriptions like gym memberships or box delivery services and cancel any you’re not using. Even small $10 or $20 charges add up over time. Trim the fat in your budget and keep only what you truly value.

Making an effort to spend less on small things and make more cost-effective choices adds up to big savings over the course of a year. Reduce your living expenses where you can and you find yourself socking more money away in your savings accounts each month. The small sacrifices now will pay off down the road!

Find Ways to Earn Extra Income

Find Ways to Earn Extra Income

If you’ve reduced expenses as much as possible but still fall short, think about earning some additional income. There’s many side hustles and part-time jobs you can take on to generate more money for your savings fund.

Drive for a ridesharing service

If you have a reliable car, consider driving for Uber, Lyft, or another ridesharing service in your spare time. You could make $10 to $15 an hour after taking into account fuel and other expenses. The more you drive, the more you’re goin to earn. This is an easy way to make some cash on a flexible schedule.

Freelance Work

Freelance websites such as Upwork or Fiverr offer a variety of opportunities for freelance workers. You can find freelance jobs like virtual assistant, tutor, writer, designer, and more. Build your profile, set your rates, and start applying for jobs that interest you. Freelancing allows you to work from home on your own schedule. With effort, you could make $500 to $1,000 a month or more.

Start an online business

If you have a skill or product to sell, consider launching an online business. Build a website to promote your services or products and market to potential customers on social media. An online business takes work to get up and running but can provide ongoing passive income. You’re going to need to invest some money, but many resources are available for starting an online business on a budget.

The important is to find an extra income source that works with your skills. Start on the side until the opportunity grows enough to replace your main income. Any amount you earn goes straight into your savings fund. Keep looking for ways to increase your earnings over time through raises, bonuses, or taking on additional work.

Putting Your Savings in a High-Yield Savings Account

Putting Your Savings in a High-Yield Savings Account

So where should your savings go once you’ve stacked up decent amount? Well — in an emergency fund of course! A high-yield savings bank account helps earn more interest on the money you’re setting aside. Online banks typically offer higher interest rates than traditional brick-and-mortar banks because they have lower overhead costs.

Find a separate savings account with a competitive annual percentage yield (APY) and no monthly fees. Some of the top accounts offer APYs of 5% or more. Even earning 2% on $5,000 in savings would net you $100 in interest over the course of a year. Check your interest rate and balance at least once a year and shop around at different banks to make sure you’re earning a competitive return on your money.

Automatic Transfers

Link your high-yield savings account to your checking account to make simple transfers. Most online banks allow you to electronically transfer money between accounts for free, so you can automatically move part of each paycheck into your high-yield savings account. Set up recurring automatic transfers for the same day your paycheck is deposited to make saving money a habit.

Start Small

Start with a modest amount, like $10-$50 each paycheck, and increase the amount over time as your balance grows. The more you can set aside, the faster your money will grow. But saving anything is better than saving nothing.

Opening a high-yield savings account is an easy set-it-and-forget-it way to earn more on money you’re setting aside for important short-term savings goals like vacations, home repairs, or other expenses. Let your savings work for you by choosing an account with a high-paying interest rate and no fees. Start automating transfers today and watch your balance grow month after month.

Save Money With EASY Wireless’ FREE Phones!

Meeting your savings goal is no easy task. But EASY Wireless is here to help! What if we told you the average phone bill in America is $166? Or what if we told you we could help you save that money by offering FREE phones with unlimited data?!

That’s right — thanks to government programs like Lifeline& ACP, you could be eligible to receive some incredible benefits. Such as:

EASY Wireless Unlimited Plan

  • FREE Unlimited Data
  • FREE Unlimited Talk
  • FREE Unlimited Text
  • FREE SIM Card Kit and Activation
  • Choose to Keep Your Number or Get a New One

To start with EASY Wireless, apply online by clicking the below:

Start Saving Today!


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 your benefits.

Join the Tens of Thousands that have already signed up for FREE Lifeline and ACP Benefits.

Free Government-Smartphone EASY Wireless