How to Save Money Fast! {20 Genius Tips to Save $2200 this Month!}

Are you wondering how to Save Money Fast?  It’s easy when you start slashing expenses and adding these extra streams of income to your finances!

I’m going to show you how to drastically cut expenses and make extra money so you can learn how to Save Money Fast for a house, for a car, for a trip, for retirement, or to simply pay off debt fast!   These tips are also great for paying off your student loan debt fast!  Whether you are on a low income or just want to slay that debt quickly, these tips and tricks will jumpstart your savings and cash flow quickly!

After personally living through job losses and a lot of financial uncertainly, I’ve learned so many creative and unique ways to save money fast.  I want to share with you some clever ways to save money fast.  But I also want to show you how to save money every month!

Once you start saving, it gets contagious and you just want to find more ways to save.  Saving money is like investing in our future, so lets create the highest retirement savings rate possible!

The key is to take a hard look at everything you spend money on, and try to spend as little as possible.  Trust me… this will ignite your savings rate immediately!

Are you ready to start making your money work harder for you?  Or would you even love to retire early?  This HUGE list of money saving tips will help you learn how to save money each month!  Let’s get started…

Related: Fill up the tank with Free Gas Gift Cards and then do your online shopping with a Free Visa Gift Card!

How to Save Money Fast

#1: Cut Your Cable TV – save $65+/mo.

Want to know how to watch TV for free?  Start using my easy tips for Cutting Cable TV and you’ll wonder why you didn’t pull the plug on cable years ago!!

My local cable provider charges $64.99 per month for basic cable, and that’s just the promotional “deal” for the first 12 months.  After the first 12 months the price goes up!  Cutting Cable is seriously so liberating!

Get More Tips Here >> Cutting Cable TV Tips

#2: Slash your Food Bill – save $200+/mo.

Now, tackling your food bill is a biggie!  Slashing your food bill really is as simple as not eating out and cooking more at home.  The price difference for just one meal is significant, but if you skip eating out 2 times per week for a whole month, the savings really start adding up FAST!

I regularly make a Crockpot Chicken Dinner for $12 or less, including sides.  But to take my family of 4 to a typical chain restaurant, dinner can cost $37 or more, and that is excluding drinks, appetizers and sides.  That means eating at home on average will save me $25 per meal.  If I skip eating out just 8 times per month I will save $200 on that alone… and so can you!

Now if you already have cut back on eating out… let’s tackle that creeping Grocery Bill!  Grocery bills have a way of getting wildly out of control, don’t they?  But the good news is… they’re really easy to trim back, too!

Go check out these EASY and PAINLESS ways to cut your grocery bill in half!

Get More Tips Here >> How to Cut Your Grocery Bill in Half

Got spare change around the house?  Here’s another fun tip!  When shopping at the Grocery store, use your spare change to help pay for your groceries using the self checkout lines.  This is such an easy way to use up a lot of spare change all at one time, without paying those high Coinstar fees.

Now that you’ve got a plan to slash that grocery bill, you can save even MORE money when you grow your own food!  Check out these Vegetable Gardening Tips, and start eating straight from your backyard!

69 Best Vegetable Gardening Tips to Start Growing Your Own Food!

Then, to slash your food bill even more, be sure to also check out my tips for how to get Free Grocery Gift Cards and my Couponing for Beginners tips.

How to Get Free Grocery Gift Cards

#3: Cut your Clothing Budget – save $100+/mo.

Saving money on clothes for a short period of time is one of the very easiest ways to save money.  If you need to save money fast, simply don’t buy any new clothes this month.

Then, before you go clothes shopping again, take an inventory of what you already have at home.  This way you will know exactly what you need, and avoid buying items you already have.

Before you head out, be sure to follow some of these simple money saving tips:

• Buy items marked down at the end of the season.
• Avoid shopping right before Back-to-School and Christmas, as retailers will often mark up prices, making even sales prices higher than normal.
• Shop at discount stores like Ross, Marshall’s, TJ Maxx, Target, Walmart, Kohl’s, Old Navy, Nike Outlet, and online at Amazon and eBay.

Extreme Shopping Hacks to Save You More Money!

#4: Cancel your Home Security Contract – save $38+/mo.

My local name brand home security company charges $37.99 per month.  Save money fast when you cancel your Home Security Monitoring System contract and opt for these Home Security hacks instead!

Sometimes the best home security is simply making your home less convenient for potential burglars.  Are you ready to implement some simple deterrents to make your home more secure with these DIY Home Security Tricks?

#5: Cancel Amazon Prime – save $12.99/mo.

I know, I know… Amazon Prime has its benefits, but it’s costing you $12.99 per month!  I used to have Prime, but once I dropped it, it took just a few weeks for me to get over missing it.  Seriously… I never looked back!  Now I just know that shipping will often take longer, so I just plan my purchases accordingly.

Plus… it forced me to get creative, and now I’ve found all sorts of ways to shop on Amazon for FREE!  Check this out…

How to Earn Free Amazon Gift Cards

{10 Amazon Hacks To Save More Money!}

#6: Switch to Homemade Cleaners – save $15/mo.+

Use my 47 DIY Homemade Cleaners Recipes for easy cleaning recipes and cleaning tips.  Not only will you save money fast, but you’ll also know exactly what’s in your cleaners!

Here are some of my favorite homemade cleaners…

• Homemade Liquid Laundry Detergent
• Homemade Fabric Softener
• How to Save Money on Dryer Sheets
• DIY Wrinkle Release
• DIY Homemade Febreze
• Homemade Glass Cleaner
• Homemade 409 Cleaner

45+ Homemade Cleaners Recipes That Actually Work!

#7: Slash your Electric Bill – save $55/mo.+

There are so many creative ways to slash your electric bill!

Just for starters, installing a programmable thermostat can save you up to $15 per month.  Then, fixing air leaks by replacing door weather stripping and then caulking windows can save you another $40 per month.

That’s just the start.  Find even more money saving hacks with these simple ways to Save Money on Electricity!

45+ Ways to Save Money on Heating Costs and Electricity

#8: Cut your Water Bill – save $10/mo.+

Cut your water bill and start saving money right now!  First, inspect all of your outdoor hose bibs and if leaking, install an inexpensive Hose Cap with a rubber gasket to stop the leak.

Next, install Low Flow Shower Heads, threading them on with some Teflon Thread Seal Tape.  Low flow shower heads will save about 1 gallon of water per minute of usage, or 15 gallons of water for a 15 minute shower.

Swap out plants in your yard that require a lot of water with hardy, drought-resistant plants.

Fixing water leaks and reducing your water usage WILL save you money on your water bill.  But the more you do, the more you’ll save, so be sure to try all of these Ways to Conserve Water!

15 EASY Ways to Conserve Water

#9: Skip the Coffee Shop – save $60/mo.

Skip the Coffee Shop and make your own gourmet coffee drinks at home and watch the savings add up.

If I make my favorite Coffee Shop cold brew coffee at home, I save more than $2.00 per drink.  I drink at least one coffee a day, so that means I can save at least $60 a month by simply making my cold brew coffee at home!

Get more inspiration for making your coffee at home with these 17 Easy Coffee Recipes!

And… if you just can’t give up that Starbucks, check out these 14 popular Starbucks Money Saving Hacks!

#10: Pay off High Interest Credit Cards First – save up to $700/mo.

One of the easiest and fastest ways to cut your monthly expenses is by working to eliminate high interest rate debt as fast as possible.  If you carried a balance on any of your credit cards because of Christmas gifts and expenses, pay off the credit card with the highest rate first.

First, check your credit card statements and find the interest rate you are being charged.  Next, pay off the card with the highest interest rate first.  If Card X is charging you 15% and Card Y is charging you 26%, pay off Card Y with the 26% interest rate first!

Here is an example of how much you can save.  If you carry a $1000 balance on your Card X with the 15% APR, you could end up paying as much as $350 in interest!  But, if you carry that same $1000 balance on your Card Y with the 26% APR, you would end up paying as much as $1,050 in interest.  By paying off the highest interest rate card first, you could save as much as $700!

The best advice I can give you is to never have any debt to start with.  Always pay the full balance of your credit card each month and never spend more than you have in the bank right now.

One easy way to avoid credit card debt is by creating an emergency savings fund that will cover your average monthly expenses for 3-6 months.  I love having an emergency savings fund, it really takes the stress out of unexpected expenses.  If that “unexpected expense” does happen, I know I am already prepared and won’t need to use a credit card to pay the bill!

In addition to paying off your credit cards, I’ve got even more tips to help you get rid of your debt.  Check out my ideas for How to Snowball Your Debt in 5 easy steps!

Even better that getting out of debt is avoiding debt whenever possible.  So be sure to check out my tips for How to Borrow Money Wisely!  This article is all about what you need to know before you borrow.

#11: Lower Your Interest Rates! – save $200+/mo.

Interest is one of the biggest expenses that we often overlook.  But when you consider how much interest you’re paying on your home loan, automobile loans, credit cards, cell phones, and college loans, the numbers add up really fast.

Go check out these 8 Best Ways to Lower Your Interest Rates!  You may easily be able to save $200/month… if not more!

#12: Save on Hair Expenses – save $100/mo.+ {family of 4}

With the average price for haircuts ever increasing, the total cost of haircuts for your family can really add up.

For example, women’s haircuts average more than $40, men’s haircuts average more than $25, and hair coloring can cost on average more than $80.  These conservative price estimates don’t even include tips!  Then, don’t forget the kid haircuts at about $12 each!

When you color your own hair and cut your family’s hair, you can easily save more than $100 per month.  You’ll need to invest in some good quality haircutting products upfront, but they’ll pay themselves off so fast.  It’s incredible how much money you’ll start saving!

So I personally started cutting my kids’ hair from the time they were about 2 years old, and have been cutting it ever since.  I also cut my hubby’s hair, and yes… he cuts mine!  I know, I know… it was scary at first, but he does a great job, and I add in some quick layers when he’s done.

What You’ll Need to Get Started:

• Haircutting Scissors {I’ve used Goody Shears for years and LOVE them!}
• Hair Clippers with guards for the guys + a Comb
• Small Spray Bottle
• Hair Cutting Cape
• Optional: Hair Color {I’ve been using John Frieda Foaming Hair Color for several years now, and it’s my favorite!}

Now you’re ready to go!  If you haven’t cut hair before, I’d suggest watching a few youtube tutorials for tips, and then just jump in and start.  The more you cut it, the easier it will get, and the better your techniques will become.  Practice, practice, practice… and you’ll be AMAZED at how much money you’ll save each month!

I like to purchase my haircutting supplies and hair color on Amazon.

How to Earn Free Amazon Gift Cards

#13: Slash your Medical Insurance Bill – save $400/mo.+ {family of 4}

One of the best ways to save money fast on any kind of insurance, is to routinely shop around and get quotes from as many insurance companies as possible to get the best rate.

Open enrollment for medical insurance only comes one time a year.  That means this is your one chance to shop around for better medical insurance rates, so pay attention to your calendar.  If you miss open enrollment, you’ll most likely have to wait a full year to shop for health insurance again.  Open enrollment dates do change from year to year, but open enrollment usually falls sometime within the last 2 months of the year.

 

#14: Cut Your Gas Bill with These Genius Tips! – save $25/mo.

Prices at the pump can really pack a punch!  Learn how to save BIG the next time you fill up with these easy Ways to Save Money on Gasoline!  As a result, you just may save around $25+ per month!

#15: Cancel Your Gym Membership! – save $25/mo.

I cancelled my gym membership over a year ago, and never looked back!  I now have some weight machines and a treadmill that I use at home every day, in addition to long evening walks.  It’s actually so much more peaceful working out at home than at the gym!

Be sure to check Craigslist for used gym equipment, too.  I scored a great deal on a machine that was hardly used at all!

#16: Skip the Spa, and Pamper Yourself at Home! – save $55/mo.

Yes… spa days can be fun.  But so are spa days at home!  I’ve learned to take time to pamper myself on a dime by painting my own nails and toenails, doing luxurious foot soaks with Homemade Bath Salts, and using luscious homemade Sugar Scrubs and dreamy Whipped Body Butters!

22 Ways to Save on Beauty Treatments

#17: Give Homemade Christmas Gifts and Birthday Gifts! – save $40/mo.

So much of gift giving is about finding something sweet and thoughtful for the recipient.  It doesn’t have to be expensive, though!  Some of my favorite gifts I’ve ever received are the ones that have been homemade.  They just come with so much sweet sentimental value attached to them!

Check out these fun gift ideas for birthdays and Christmas, and you’ll save a bundle on the gift budget this month!

101 Gifts in a Jar Recipes

62 Homemade Christmas Gift Ideas

#18: Make Extra Money with Paid Surveys – earn $50/mo.+

Take online surveys in your spare time and get paid for your opinions with these Top Survey Sites!

You’ll earn points from each survey you take, points you can cash in for free gift cards.  Free gift card options include: Amazon, Visa Prepaid, PayPal Cash, eBay, Target, Walmart, Sephora, Starbucks and more.

The key is to sign up for as many of these Survey Companies as you can, so you have the most opportunities to earn money!

I love taking surveys to earn extra money on the side!

Just remember… the more companies you sign up with, the more opportunities to earn!

Get Started Here >> Top Survey Sites to Make Money Online

#19: Sell Items You No Longer Need! – earn $50+/mo.

It’s time to do an inventory of your home and garage to see what treasures are laying around that you no longer need or want.

1. Got an old smart phone?  Sell it online!
2. Have you found something valuable in your closet or garage?  Try selling it on eBay or Craigslist!
3. Got a whole pile of stuff cluttering up your house & garage?  Clear the clutter when you use these 30+ Garage Sale Tips and Tricks to make some money!

#20: When There is Nothing Left to Cut, Increase Your Income!

Starting your own blog has never been easier.  The tools available make blogging accessible to anyone, regardless of how you know or don’t know about blogging.  I love sharing creative ideas to help you live better with less money.  Would you love to share your own ideas?  Then it’s time to start your own blog and start making money from home…

How to Start a Blog

So I have even more Frugal Money Saving Tips to help you save money fast!  Spending less and keeping more cash in your wallet is fun, so let’s keep on saving money!

In addition to these Keys to Living a Debt Free Lifestyle, take a few minutes to check out more helpful tips and tricks to save money fast below…

How to Save Money on Your Cell Phone Bill {15 Easy Tricks}

When it comes to monthly bills, the cell phone bill can easily creep up and become one of your larger bills.  With costly plans, hidden fees, and data overage charges, it’s easy to see how it can spiral out of control!

Why You Should Start an Emergency Fund

You never know what financial surprises may come up, but you can rest easy when you have a nice stash of cash set aside in your emergency fund!

How to Save Money on a Tight Budget {10 Foolproof Tips}

Even if you don’t have a lot of extra cash to spare, today I’m going to show you how to save money on a tight budget!

7 Ways to Repair Your Credit This Year

Having a high credit score is the financial equivalent to learning how to swim.  It’s a life skill that you really can’t afford to live without!

How to Build Credit without a Credit Card

Are you wondering how to build credit without a credit card?  Use these 8 easy tips to get started!

Save Money Around The House – 333 Easy Ways to Save Big

If the money seems to be disappearing before your eyes… these brilliantly Easy Ways To Save Money Around The House are here to help!

How to Start a Blog Today and Make Money Blogging {+ Get a FREE Domain Name!}

Check out these insider tips and tricks for how to start a blog and make money blogging!  As a result, you may just find yourself ditching that commute and starting your dream job working from home!

So don’t miss out!  Catch all the latest fun Frugal Girls Tips, Recipes + more here…

So what are YOUR favorite ways to Save Money Fast?

Share with us in the comments below!