Ah, money problems. The bane of most everyone's existence, I'm sure. And while I know debt is a necessary part of life for most of us, I still want to try my best to keep it in check and work toward paying it off. The only thing is, aside from a few pieces of advice from the folks at my bank, I'm a little clueless about how to go about this.
I need help, and I feel like asking a broad audience is a good way to get it. So I'm turning to you guys and asking just how the heck do you save money, or at the very least, spend less? And what about making money? Should I have a yard sale? Sell my eggs? (I don't want to sell my eggs.)
While I wait patiently to hear your money-making and money-hoarding tips, I'm going to share with you all some parts of my plan of action...
Keep ALL Of The Change
If I see a nickel on the ground, I'm not just going to let it sit there. Nope. I have a coin jar at home and plenty of empty paper coin rollers and I know that one nickel is just another step closer to getting a roll worth $2. Dimes roll up to $5 and quarters, $10. We all have change jingling around and hiding in various places around the house. If you don't already have a designated spot for it, hop to it. It's the little things that make a difference!
Coupons and Points Cards
When it comes to necessities, I pick up a lot of things at Shoppers Drug Mart, a gigantic pharmacy chain here in Canada. Shoppers offers a points card program where you can accumulate points on everything you purchase, and they also remember the things you purchase most and send you emails with coupons attached for those items. It makes picking up things like detergent and contact lens solution a lot easier to plan out -- I can go buy those things when they're on sale or use one of my custom coupons to get them for cheaper. Plenty of drugstores and grocery stores offer programs like this. I actually just picked up a grocery store points card (for free) and I'm looking forward to accumulating points and getting free food. Everyone loves free food.
It's so easy to lose track of how much money you have (and how much of it you're spending) when you're debiting all of your purchases. I'm going to try to give myself a limit of cash I can spend for the week, and if it runs out, it runs out -- no withdrawing more or reaching for my debit card. Don't have money when my friends invite me out on Friday? Too bad. Stay in and work (and earn more). When I can actually see my cash physically disappear from my wallet, it gives me way more incentive to hang on to it.
Do these methods works for you? What other tips and tricks do you have for making money and keeping it? Help me!