1. Get out of debt, and stay out of debt.
Staying out of debt allows people to keep their money. It allows people to avoid bondage and paying interest, according to daveramsey.com.
2. Save money
Having money on hand gives you options. It helps to be prepared for unplanned tragedies, and buying big-ticket items in cash can save you money, according to daveramsey.com.
3. Find your weak spots
For one month, keep track of all of your purchases. This can help illuminate frivolous spending and curb bad spending habits.
4. Write a budget for each month
Planning where your money goes can prevent impulse spending and can bring great rewards, according to daveramsey.com. But a plan is only as good as it is followed, so make a budget that you can realistically follow.
5. Pay attention
Keep track of your bank/checking account. Overdraft fees can pile up before your card is even declined, according to money.cnn.com.
6. Use cash
Handing the cashier $50 in cash is harder than handing a cashier a piece of plastic. Paying in cash helps us realize how much money we are spending.
7. Plan your shopping
Planning shopping trips can help you avoid reckless spending, according to cfinancialfreedom.com. And, when you’re at the store, looking at the price per unit can help you get the best deal.
Giving can help limit spending and can attract blessings, according to daveramsey.com. We have been promised in Malachi 3:10 that if we pay our tithing, blessings will come.
It is never too early to start saving money. Even saving pennies is better than nothing. Saving money and budgeting can be difficult, but it is worth the effort.
Following these eight tips and having self-control can help you save money.