Cash, What are 10 Ways to Save Money?

If you need instant cash, the best option is to apply for a Loan. However, getting a loan is only a band-aid solution to a financial problem. In order to get out of a money rut you need to learn how to save cash. Unfortunately, saving is the ultimate challenge people face today especially right now most people are obsessed with material possessions. They buy things they don’t need and worse, they continue to shop even if they could not afford it. You wouldn’t believe how many people are willing to go into debt just so they can satisfy their wants. It seems foolish but this is the reality of millions of people. How can you save money? Where are you going to start? How are you going to do it?

Saving does not exist in many people’s vocabulary. People who don’t know how to save should not complain if they run out of money. If you want to put an end to your financial misery, you need to make little sacrifices. Don’t worry because the sacrifices you are making right now will eventually pay off in the long run.

To get you started, here are 10 ways to help you save cash.

Pay Off Your Debts

Paying off debts is probably the hardest thing to do but it’s a first step towards financial freedom. To clear your mind, we recommend you set a budget and slowly but surely pay off every debt you owe. You won’t be able to save if you still have a ton of debt lining up. You don’t have to pay all of them at once but you do need to pay for all of them especially debts that have high interest rates.

Set a Goal

One of the ways to motivate you to save is to set a goal. When you have a goal, saving money will be more meaningful to you. For example, you want to buy your very first signature bag. Instead of paying it straight out or swiping your credit, why don’t you set aside some cash every payday until you can afford it. In that way, you won’t owe anyone money. Set a target and focus on that goal.

Auto Debit Is Key To Saving

If you keep forgetting to save during payday we recommend you apply for an auto debit so that every month, part of your income from your checking account will go straight to your savings account. You probably won’t be able to appreciate it at the moment but it does have long-term benefits.

Quit Your Vices

Smoking and drinking will take a huge chunk of your savings without you realizing it. Do you know that if you purchase one pack and a half of cigarettes in a day you are actually spending a total of $3,000 a year? Imagine how much money you’ll be able to save if you don’t spend them on your vices. You’re not only saving cash but you’re also saving your health.

Appreciate Staycations

It can be tempting to hop on a plane and book a 5-day stay in your favorite resort to get away from the stress. Although you’re investing in memories, you can’t deny that these luxuries can be expensive. Instead of traversing the world and paying for outrageously costly airline tickets, why don’t you take a long drive to a nearby resort and enjoy staycations with your family and loved ones? You don’t have to go far or spend a fortune to make beautiful memories. You just have to do a bit of research and make the most of what’s available.


Saving can be tough, it can be uncomfortable and it can be extremely challenging but if you set your mind and heart into it, you can make it happen. Give it a few months and you’ll begin to appreciate the beauty of saving.