It may sound impossible, but I promise you, it’s not. With some strategic saving (and spending), you can have $10,000 in your bank account by the end of the year.
Pay your debts
A great first step in saving is to pay down your debt a bit. You don’t have to pay it all off if you aren’t able, but pay it down enough so that creditors aren’t calling you non-stop.
Start a Blog
Starting a blog is a great way to earn and save money! I started my blogging in hopes that it grows into a full-time income so I can stay-at-home with our new baby and things are looking up. No full-time income yet. But, your girl making more than pennies!
If you are interested in starting a blog of your own, I created a tutorial that will help you start a blog of your own for cheap, starting at only $3.95 per month (this low price is only through my link) for blog hosting. In addition to the low pricing, you will receive a free website domain (a $15 value) through my Bluehost link if you purchase, at least, 12 months of blog hosting.
Save your paper change
Get one dollar or five dollar bill back when making a purchase? Stash your paper (non-coin) change in a piggy bank or small safe. It will add up in no time!
Related articles on different ways you can make and save money:
- First Income and Traffic report One-Year Summary
- How to Save $10,000 This Year | Smart Money Advice
- 30+ Ways To Save Money Each Month
- 25+ Survey Sites That Will Help Add $500 Or More To Your Income
- Make Money At Home: 4 Ways To Make An Extra $1,000 This Month
Take Online Surveys
Survey companies I recommend include Nielsen Computer & Mobile Panel, Survey Junkie, E-Poll Surveys, VIP Voice, The Panel Station, OneOpinion, SurveyVoices, Opinion Outpost, Pinecone Research Survey Club, Vindale, MySurveys, iSay Survey Panel, and Harris Poll Online. They’re free to join and free to use! You get paid to answer surveys and to test products. It’s best to sign up for as many as you can as that way you can receive the most surveys and make the most money.
This is a great way to get a handle on how much money you are actually spending each month, and what you are spending it on. This will help you cut out frivolous items, thus saving money!
Pay with cash
Studies have shown that people who pay for items with cash spend less than those who pay with credit or debit cards.
Making automatic deposits
Set up your direct deposit to automatically deposit a set amount into your savings account each paycheck. You’ll barely miss the money, and you’ll see your savings grow each month.