The Best (and Simple) Way to Save Money

Are you living pay check-to-pay check? It is stressful when there is no extra money for fun, like vacations, or emergencies, like car trouble. The truth is, most families could use more money. Unfortunately, it is hard to save when there is nothing left after bills and food. Families aren’t able to save like they used to, and about 1/5 of Americans don’t have any savings at all (businessinsider.com).

There are simple ways to save money! By establishing a few new habits, the money you save can go into a new savings account from Tech Credit Union.

• Get a side gig:Gigs are flexible and tend to fit around your work and family time. Gigs like delivery, babysitting, and even online teaching can bring in some extra cash. That new extra money can be saved and over the course of a few months, you will have a great start to savings.
• Sell your Stuff:You might be sitting on more assets than you think. Do you really need that set of skis in the attic? It is easy to sell things on websites like, Craigslist and Facebook, or hold a garage sale. Plus, it will feel great to have a clean, clutter-free home. Tuck your earnings into savings!
• Save on Food:With a little extra thought, you can save hundreds on food every week. Come up with a budget and stick to it. Meals like hot dogs, spaghetti, and eggs are simple and affordable, so it is good to have several cheap meals on dinner rotation. Also, coupons and stores like Aldi and Trader Joes allow you to get more bang for your buck. For lunch, take left-overs or sandwiches to work and school. This change isn’t easy, so be sure to reward yourself by allowing fast-food or a restaurant once a week.
• Save the Difference:Bargain shopping for necessities saves a lot of money. Sometimes, thrift shops will have sales on their already low-priced items. Be on the look out for sales at thrift stores and save what you would have spent at retail. Every time you save money, make it a habit to save the difference. Example, if you sacrifice your morning trip to Starbucks, take the money you would have spent and put it into savings.

A solid savings account doesn’t happen overnight, but you will be surprised how quickly little changes add up. Tech Credit Union can help you set up a savings account and invest in your future. Call us for more information at (219) 477-6805