Guest post from Katie of Along For The Journey
Do you have trouble saving money? I know, at times, I certainly do.
I set ambitious saving goals, only to have my ambition slowly dwindle down. However, I have learned that if you are determined to meet your savings goals, creativity can help you get there. Here are a few ideas to get you thinking:
1. Round up your purchases and save the change.
When you purchase something with a debit card, round up the purchase to the next dollar and transfer the extra change to your savings account. There are some banks that will automatically do this for you. If you use a cash system for purchases, then throw your change in a jar and let it add up.
2. Take surveys, read emails, and search the web.
I am currently saving all of my online earnings for Christmas. I have set a Christmas budget of $500 and a goal to earn that $500 online. By doing this, I will also be able to take advantage of great deals all year long.
Note from Crystal: Check out this list of Legitimate Survey Companies to Sign Up With, as well as my 15 Ways to Earn More Swagbucks series for more information on how you can earn money by taking surveys and searching the web.
3. Take on side jobs.
Find a way you can make some extra cash by doing something you already love doing. Here are a few ideas:
These, of course, are just generic ideas. We all have different talents and interests, recognize your talent and think about how you could utilize that talent to earn some extra money.
4. Automate your savings.
If at all possible, set up an electronic transfer from your paycheck or checking account to your savings account. It’s much easier to save money that you never see. Even if you can only afford to save $5 out of every paycheck, do it. Small amounts add up quite nicely over time!
Some of the things on this list may look insignificant, but it might surprise you how fast they add up. If you are having trouble saving money, remember to stay positive and think outside the box.
Katie is a mother of two beautiful girls. She currently works part-time as a bookkeeper and goes to college full-time pursuing an accounting degree. She enjoys blogging about personal finance at Along For The Journey.