Probably one of the most annoying things about adult life is keeping track of what you can and can’t spend money on. We have to put so much money towards bills and debt, we start actually sweating when we see an Instagram ad for something we wanna buy.
Instead of coming up with some elaborate budgeting plan, take baby steps to save money easily without having to think much about it. Here are some things you can be doing:
- Use an app for your receipts – If you work from home or have job expenses, you can keep track of your receipts without holding onto physical copies.
- Look at your bank statements – Don’t listen to that voice in your head telling you to ignore them! Check your finances!
- Start marking direct deposit days on your calendar – You don’t want to forget that several hundred dollars of rent money is just going to spontaneously disappear every month.
- Use cash for “problem areas” – If there’s one thing you ALWAYS drop money on (looking at you, Grubhub), take out a certain amount of cash each week for it, and only use that cash to pay.
- Pay back debts little by little – You don’t want to ignore something that could be growing interest. Throw a little money at it when you can.
- Snowballing – Pay a little more than the minimum to your smallest loan until it goes away, and then start chipping away at larger ones.
- This is only the beginning. You can check out a full list of budget hacks HERE . Hugely helpful for people like my Facebook friends who have been bit by the homeowner bug at 24. But even for the renters and folks who live at their parents’ still – it’s never too early to start saving your hard-earned cash.