While recent graduates should be looking for ways to pinch pennies, the current economic climate has sparked interest in simple money-saving tips for many not-so-recent graduates. The truth is, saving money is not as painful as you think. In fact, there are dozens of ways that you can save yourself a sizable amount of money without even noticing it. Below are a few examples.
Bring Your Lunch to Work Once a Week
Let’s face it, no one likes to brown bag it. Once 11:30 rolls around and your co-workers are starting to get together a plan for lunch, it can be very hard to resist. However, the price difference between the $10 you would spend eating out versus the $3 bringing your own lunch would cost you should provide some incentive.
Monthly amount saved = $7.
Get a Subscription to Your Favorite Magazine
Getting a subscription to your favorite magazine rather than buying the new issue each month can save you some big bucks. For example, buying the newest issue of Vanity Fair will set you back $4.95, whereas a year subscription costs you $15 ($1.25 per monthly issue).
Monthly amount saved = $3.70.
Start Paying Your Bills Online
By paying your bills online you can save the cost of postage and late fees. For example, if you pay 5 bills each month it costs you around $2.10.
Monthly amount saved = $2.10.
Take-Away Lesson
These may seem like small amounts of money but they can add up to some pretty substantial savings without even breaking a sweat. Also, these are just a few examples off the top of my head that are intended to get you thinking about tiny little corners you can cut to start saving money.
