25 Ways to Build Your Savings

Open your mind to the incredible possibilities that are waiting for you by establishing a habit of consistently saving your money. Use this checklist to start or beef up the amount of cash you save. Mark the suggestions you’ll put into action today or come up with some of your own methods to accumulate wealth. Every cent counts!

1. Deposit a $10 bill into your savings account each time you drive by your bank.
2. Drop your change into a jar or piggy bank at the end of the day.
3. Take on a seasonal part-time job, do odd-jobs, or freelance. Bank those earnings.
4. Use cash: agree on an amount of pocket money to carry each week.
5. Get familiar with how much money comes in and how much goes out each month.
6. Whittle excess spending and put the amount you avoided spending into savings.
7. Never pay full price: buy on sale or ask for discounts.
8. Take your lunch to work four out of five days a week.
9. Clean out your garage and sell what you don’t want.
10. Limit the number of times in a week that you or your family eats out.
11. Schedule automatic transfers to savings at your bank for each payday.
12. Lengthen the time between haircuts by one or two weeks.
13. Sell clothing you no longer wear.
14. Challenge yourself to buy only items that are on sale when grocery-shopping.
15. Use Smartphone apps to find the least expensive gasoline near you.
16. Before purchasing online, search for discount codes for the vendor you plan to use.
17. Purchase generic brands unless the name brand is on sale for less.
18. Buy from the “Clearance” racks.
19. Stock up on school and office supplies during the “back to school” sales.
20. Consolidate car trips so you can accomplish three or four errands in one trip.
21. Save on bank fees. Negotiate with your bank or change to a bank with free checking.
22. Check into local credit unions as they often do not charge members any account fees.
23. Buy food and sundry items in bulk at your local warehouse store.
24. Negotiate with your credit card company to reduce or remove fees.
25. Avoid paying interest on credit cards by paying your balance in full each month.