1) Track your spending. It's annoying, but seriously, just do it. Start small, maybe just a category or two, and see what you spend, no judgement. We let our Costco membership expire a few months ago, but when we did, I committed to tracking potential savings. We didn't save the first month or so, but guess what? In the last few weeks, gas prices have skyrocketed. With Costco membership, I could have saved $3.00 a week on gas alone. And now we have two cars. So we renewed our membership and now know that we'll at least break even.
2) Look for discounts. We recently discovered that Verizon gives my employer a discount on cell phone plans. We save almost $20 a month by activating that offer. Now we are looking for other places our various affiliations might save us money.
3) Use grocery pickup. This might sound strange, but hear me out. I use the Wal-Mart grocery pickup app to order groceries each week. I use the app as a working grocery list throughout the week. I preload everything I want to buy, and then I look at the total. If I'm over the budget, I see what I can remove. This process has helped me realize how many times I overstock, or buy things when I really don't need them. Shopping via the app also helps reduce splurge buys.
Easy peasy? No. All these budget hacks take time, but they also save money. And time is money, so there's a trade off. Are these hacks right for you? I don't know. Maybe try them and see.
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Do you have any budget hacks to share? Please comment below.
