Spending money is much, much easier than earning or saving. But you can learn to save money easily and fast today!, For a lot of people, spending money is one of the most enjoyable activities of their day, because there are literally thousands of fun ways for you to do so. Shopping, collecting, going on vacations, eating at high-end restaurants, travelling first class – all these spending ideas are fun, and extremely lucrative. 

However, unless you have a trust fund in your name or a 10-figure deposited to your account every month, saving is a good idea. Whether you want to save for a future emergency, a luxurious vacation or for something expensive, saving requires a lot of discipline and determination. You won’t be able to save much if you don’t know the right steps to follow; in fact, you might try to save money but end up spending more than you intended.

If you are looking for ways to save, here are 20 clever tricks to try. 

  • The first and the most important rule of saving is to follow the 50/30/20 rule. This rule recommends that you spend 50% of your earning on your necessities, 30% on your personal wants and the rest 20% as your savings. Necessities may include your rent or mortgages, food and medications, basic clothes, travel expenses, and other things you need to live; wants could be eating out or buying expensive clothes for social gatherings and work, or anything that interests you. The rest of your earnings should go forward to your savings, and you can use some of your saved money in the months you need a little extra. 
  • Here’s a way to save money quickly and fast save money easily and fast, Another idea would be to have multiple saving funds. You can leave a certain amount in your account when withdrawing money for your expenditures, and at the same time, another fund for all your changes at the end of the day. You can also have a separate fund to deposit a certain amount at the end of the day so that you always have some cash available at hand for spontaneous purchases. 
  • Always check your pantry before going grocery shopping, otherwise, you might end up buying something you already have in the house. There’s usually always something leftover from previous grocery shopping that you can skip buying, whether you do your shopping weekly or bi-weekly. 
  • Avoid shopping online, because it is much easy to shop online and we always end up spending more than we intended. If you need something, do it in person. When you think of travelling to the physical stores and carrying your purchases, you’ll realize whether you actually needing something. 
  • Minimize your credit cards and keep only one for emergencies. The more credit cards you have, the more options you have for spending and it is more difficult to limit yourself. 
  • You can also make smart choices in entertainment. Instead of buying DVDs or going to the movie theatre, a much smarter and affordable choice is to subscribe to viewing platforms like Netflix, Hulu or Amazon Prime. This way, you will always have something to watch on your television for a standard subscription fee instead of having to spend money for tickets-and-snacks at the theater or buy DVDs. 
  • It’s a good idea to give yourself a daily budget.  In this way, you can try and keep your lunch, commute and personal expenses in limit by just spending under the budget. If you have something left at the end of the day, it can go directly into your saving fund, or you can keep the amount in handy for days when you go above the budget. 
  • Being on a budget doesn’t mean that you can’t dine out or have fun with your friends. You can do everything like before if you just order smaller portions at restaurants. Order salads or simple pasta dishes instead of gourmet items or steaks, or the chef’s specials; order appetizers but skip out on dessert, or just order the main dish instead of the whole deal. Choose smaller, family-friendly delis instead of renowned restaurants.  
  • Choose free entertainment like the beach, a stroll in the park, museums or exhibitions on your days off instead of paying for everything. Sometimes, free entertainment can be more enjoyable than when you have to pay for them. 
  • Whenever you feel like buying something, make yourself wait at least a week. After a week, if you still want it, go for the purchase. If you feel the need diminishing, it means that it was just a temporary need and you’ve saved some money not buying it. 
  • Always, always, always keep a record of your expenses. This is a way to save money easily and fast, this way, at the end of the month, you’ll be able to pinpoint the sectors where you are unnecessary spending money. If you are serious about saving, you can be more careful about those particular sectors of expenditure. 
  • If you are a voracious reader, buy a Kindle or an eReader instead of hardcovers and paperbacks. It’ll save you space at home, and you can download eBooks for free or buy them at a fraction of the price of actual books. 
  •  Another step to take would be to stop going shopping when you don’t need anything in particular, especially clothes. Only head to the stores when you need something specific, and buy only that, instead of buying clothes and shoes whenever you like something. 
  • Avoid seasonal sales because that’s how you end up buying things you didn’t need or had no intention of buying, but end up doing so because there is a 50% sale on something. 
  • Alternatively, if you need to make a heavy purchase, wait for the seasonal sale or the annual clearance sale. If you can wait until a sale, you clearly need what you want to buy, and you can get it for a much lower price. 
  • Pay the important bills first. Your first actions after getting your salary would be to pay out your rent/mortgages and your other bills. This will make sure you know exactly how much you have to pay for your other necessities.
  • When bored or without any plans on your day off, stay home instead of going out. The more you leave your home, the more you’ll spend: either shopping or eating. Instead, stay home and find something to do that won’t cost you money, like cleaning your home, organizing your closet or watching television. 

Spending money is fun, and saving is just the opposite. However, we all need to have a little saving, even if it is for a vacation in the future. Long story short, saving is the practical thing to do when you have to think of the future, because at the end, it will only be a good practice for you! 

These were 20 ways to save money easily and fast!