Ka-Ching! Look How Those Savings Add Up!

Take a minute to pat yourself on the back. We've been working on ways to save money for a little over a month now, and I hope you've found a few ideas that work for you.

Let's take a look at what those small changes can add up to.

Our October articles showed how we could save $90 or more a month by cutting everyday expenses, choosing free activities, asking for better prices, and getting rid of a service we don't use. 

We saved even more by borrowing instead of buying, avoiding late fees, and making small repairs instead of replacing things. Borrowing something that costs $50 increased the savings to $140 in just one month.

Just think of what you could save over a year by sticking with these habits!

Now, maybe you didn't try every suggestion. Maybe you saved $5 instead of $10, or avoided one expense but missed another. That's okay. Every dollar you put away counts. If you've managed to save even a little, you're making progress. Give yourself credit for that.

Your Savings Grace Assignment:

Keep going! Choose one savings idea to work on this week—fix, borrow, downgrade, or cancel. 

When you save money, add it to your savings envelope, jar, or account. Take a look at what you've collected and give yourself another pat on the back.

Saving money takes practice. Stick with it, encourage yourself, and remember that every dollar brings you a little closer to your goal.

Do you have a success story you’d like to share? Please tell us by commenting.