When it comes to saving significant amounts of money for condo ownership, it’s the little things that count.
Check out these easy ways to save money every month.
8 Easy Ways to Save Money Each Month
- Find an app that works for you. There are a handful of free apps out there that are designed to help individuals save. Mint remains a popular choice. It connects with your bank and then automatically categorizes all of your expenses for you. Acorns is another fan favorite. The app keeps the change every time you swipe your linked credit card and then sends that change to an investment portfolio for you.
- Set simple limits. Intentional spending goes a long way. Consider implementing a cap on certain spending habits at the beginning of each month on regular expenses, like Uber rides or meals out.
- Collect those coupons. Be on the lookout for good deals anytime you shop. We highly suggest installing the honey web browser extension. It automatically applies the best eligible coupons to your online purchases.
- Resell items you don’t need. As you let go of things, consider getting cash back on those unwanted goods. OfferUp and Facebook Marketplace let you buy and sell almost anything locally. Other apps, such as Poshmark, allow users to list specific clothing items to people all around the country.
- Shop wisely. Whether you’re grocery shopping or retail shopping, the businesses you choose can significantly impact your total spending. As you’re trying to save money, make strategic choices as to where you shop. For example, if you’re grocery shopping, consider buying off-brand products or checking out spots known for affordable prices, like ALDI.
- Stick to a list. Continue your smart shopping by never entering a store without a list. This can help keep you focused and avoid spontaneous or unneeded purchases.
- Utilize online shopping. Shopping online also minimizes your chances of getting sidetracked by unnecessary items. This method may also save time and travel costs.
- Don’t underestimate small sacrifices. Forsaking purchases and avoiding splurging is a smart way to save. In those moments you’re craving a Starbucks, consider forgoing the pricey beverage for an at-home coffee.
As you strive to see your bank account grow, be sure to implement these easy ways to save every month. When you’ve saved up enough money to take the leap, contact Luxury Living Chicago Realty to help you find a great condo for your needs!
