Tips on how to save money
By: Sam Mr - September 24, 2018
Sometimes the hardest thing about saving money is just getting started. This step-by-step guide on how to save money can help you develop a simple and realistic plan to save for goals, big or small.
Saving money begins with your mindset.
Avoid thinking of money-saving techniques as restrictive — although they can often feel that way. At NerdWallet, we think about a budget as a spending plan because saving money doesn’t mean you have to quit spending altogether. It just means you have to prioritize some financial goals over others.
- Record your expense
- Make a budget
- Plan on saving money
- Choose something to save for
- Make saving automatic
- Watch your savings grow