Home Lifestyle 9 Extremely Clever Ways to Save More Money

9 Extremely Clever Ways to Save More Money

Zerxza.com may earn commission when you buy something through the links or banners on this page but we only feature brands or products we trust.

Readers' Picks

9 Reasons Why You Feel Tired Even After 8 Hours of Sleep

We all know how important sleep is, and we dutifully hit the sack to make sure we get the recommended 7 – 8 hours...

9 Reasons Why People Work Out (And Why You Should Too)

Now that the warm weather is finally here, there’s an increased focus on working out. It’s just so much easier to work out when...

Is Feminism Overrated? It Probably is and Here's Why

Feminism is a large movement, drawing all types of women to its helm. But there are lots of women who don’t want to label...

Stop Reading Horoscopes! Here's Why You Need to Stop

Horoscopes are tempting, no argument there. Often, we just can't help but open up that page and read what's written in the stars for...

Wearing Panty Liners: Are Panty Liners Healthy, Safe and Normal for Daily Use?

Maxi pads, panty liners, tampons, cups, and period panties. There’s a world of possibilities when it comes to feminine care products. Even though we’re all...

Why Your “OCD” is Probably Just Overthinking and Nothing Else

How many times have you heard someone blame their behaviors on OCD? It’s an all too common explanation for our fussiness and perfectionism. But unfortunately,...

Have you ever tried to save more money but end up completely broke anyway? Even if you think you’ve done so so well. Maybe you even think your house is haunted by money-hungry gremlins or your piggy bank has a hole in the bottom?

The truth is, saving money can be really tough. Even if you follow clever budgeting tips and use every single discount code out there, unexpected expenses might empty your piggy bank faster than it can grow.

But believe it or not, you can save money even if you’re really the worst with money. Below, we’ll give you 9 great ideas on how to save money more efficiently.

Subscribe & Save 20% On 20 Smoothies At SmoothieBox.com, no coupon needed!

1. 52-week challenge

This is the absolute most famous personal finance challenge out there.

The idea is simple: every week, you need to save a dollar more than the previous week. In the first week, you’ll save one dollar, next week two dollars, the third week three dollars, etc.

By the end of the 52nd week, you’ll have saved 1375 dollars!

It might not be the easiest challenge but it’s kind of fun to follow the weeks and see how you’ve saved over a thousand bucks by the end of the challenge!

2. Saving your change

Put your credit card away and start using cash. This challenge will change your piggy bank’s state!

Every time you use cash for buying, save the amount that’s between the bill and the next dollar. So, when you spent $5.20, put $0.80 to your piggy bank.

It’s a surprisingly easy way to save money!

If you don’t like to use cash, you can download the Acorns app that works on the exact same principle, but everything’s automated.

3. The 365-day challenge

This is similar to the 52-week one but instead of saving money every week, you have to do it every day.

Sounds frightening? Well, you don’t need to save one dollar at a time. Instead, you have to save a penny at a time.

The first day, you have to save a penny. The second day, two pennies. On the third day three pennies. By doing this every single day, you’ll have saved over 600 dollars by the end of the year!

Again, it might not be the biggest amount but it’s so ridiculously easy to save a few pennies every day.

4. Make purchases during “shopping holidays”

Sure, some purchases can’t be delayed. But some sure can. Don’t spend more than you need and if possible, wait until Black Friday or Cyber Monday. You can find insane deals for these shopping holidays with some discounts even going up to 80%.

Or if you feel you’d like to splurge a little on yourself, do it during Black Friday. This way, you won’t hit your piggy bank hard since you can grab one of those sweet discounts.

5. Save just one specific banknote

Choose whichever banknote you like the best, whether it’s a Jackson, Lincoln or a Washington. Every time you get one of those, put it in your piggy bank.

This is a great low-maintenance saving option for those who don’t want to follow certain timeframes or “saving schedules”. It’s a bit more liberal approach and leaves things up to fate, but it still adds up over time.

6. Food budget

Do you seem to eat away most of your money?


If so, then this approach might help. Set a specific daily food budget and never go over the limit. For example, you can set yourself a 5 dollar budget each day.

It might be hard at first but it challenges you to think outside the box and find more budget-friendly dinner ideas. And it’s definitely doable!

7. Spending-free week

Instead of saving money, you can avoid spending money.

This challenge is a simple one. You need to agree on a certain time frame where you won’t spend anything or won’t spend any money on going out (or making some unplanned expenses). So, for example, you can buy food and pay your bills but can’t go out or make any impulse-buys.

Nordstrom Rack Holiday Gift Guide

It’s a bit of a drastic measure but it can help you start controlling your financial habits a bit better.

8. Make a personal challenge

Do you have any unhealthy habits you’d like to quit? Like smoking or eating too much chocolate? And you discover time and time again how you’re spending way too much on that habit?

In that case, create a personal challenge. Quit that habit and save money each time you crave that habit. For example, if you quit smoking, save 5 bucks each time you’d like to grab a smoke. Instead of smoking, you’ll “take away” that money.

In a way, it’s like your personal “tax” for that habit.

Alyaka Beauty Advent Calendar Luxe 2020

9. Save every extra penny you earn

Have a weekend-job? Got a little bonus? Found money on the street? Make a promise to yourself: every time you get some extra money, save it.

This might not be the most efficient way to save money but it sure helps. After all, every penny counts!

Latest at Zerxza

9 Extremely Clever Ways to Save More Money

Have you ever tried to save more money but end up completely broke anyway? Even if you think you’ve done so so well. Maybe...

The Psychology of Money: Why Sometimes It Feels Great to Spend Money (and Sometimes It Makes You Feel Guilty)?

Whether it’s Cyber Monday, Black Friday, or some other shopping madness, consumer society is hunting the western world and showing its ugliest side. A frighteningly...

8 Powerful Winter Skincare Products for a Revitalized Skin

Wintertime is a real hazard on your skin. Cold wind and harsh temperatures do a number on you, starting from redness and ending with...

Are Your Friends Stopping You From Making Better Financial Decisions?

You should definitely buy that handbag, it’s meant for you… Hey, come out with us tonight! Please pay for the dinner this time, I promise it...

5 Ways to Improve Your Posture at Work

  Picture yourself at your office desk. What does your body look like? Are you hunched forward, typing away on a computer whose screen is...

6 Ways You’re Making a Fight Worse

I hate to break it to you, but you’re not going to make it through life without being in an argument or two. Fighting...

How to Raise a Smart Child

Parents want to raise happy and healthy children. But they also want their kids to be smart. It paves the way to academic and...

Related Articles

error: Content is protected !!