25 Money Saving Tips

Whether you're saving for a specific expenditure or just want to cut down on spending, here are 25 money saving tips you can implement in order to help improve your cash flow:

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Avoid impulsive buying.

Follow the 7-day habit. Most likely, you may no longer want to purchase the item after 7 days. 

Use generic brands instead of branded items.

Honestly, not all popular brands are expensive because of quality. We sometimes just pay for the "brand" name itself. Unbranded products are cheaper. But do choose one that doesn't compromise quality to maintain a lower price. 

You don't need that new gadget. 

If your current mobile phone, game console and even games still work or you are still enjoying them, there's no need to jump onto the bandwagon of having the latest technology. FOMO or that Fear of Missing Out mentality won't pay the bills. 😛

Shop around for banks with better interest rates. 

Transfer your account if you have an existing one elsewhere. But do remember that quote, "do not put all your eggs in one basket." 

Avoid using credit cards if you can. 

It's definitely a hassle to bring cash all the time but don't over abuse the use of credit cards. Not all establishments accept credit card so do keep minimal cash nonetheless. 

If it can't be helped, be a responsible credit card owner. Don't overspend beyond the credit limit and beyond what you can actually repay when the billing statement comes. 

Borrowing money should be a last resort. 

If there are other options available to pay off something, then try it first before considering cash advancing or taking out a loan. Relying heavily on borrowed monetary funds may lead to a cycle of additional debt, where you borrow to pay a previous debt and so on. 

Pay on time. 

In relation to the previous tip, do your best to pay bills (particularly credit card) and utilities on time so you can avoid paying penalties and additional interests.

Register for rewards or rebates programs. 

There are such rewards or rebates offer from supermarkets, shopping sites, credit cards or banks, and from services that you already pay for. While most don't really amount to much in general, they still save you money nonetheless. 

Bring a list when grocery shopping. 

Make sure to stick to a prepared grocery list of home or personal supplies you need to purchase. Do not wander off and buy something else which may end up not only useless but also expensive.

Keep your hands clean. 

The habit of washing hands is not only more hygienic but helps you avoid illnesses caused by certain germs, bacteria or even viruses that are easily acquired just by touching something. 


When you are sick, you obviously spend money on medicines and worst, on hospital bills.

Dine in instead of dining out. 

Healthy home cooked meals are definitely better than heavily seasoned fast food dishes. So if you can spare time to cook, do so. Some people even plan and prepare their weekly meals ahead during weekends or days off. 

You can also invite friends or extended family members for potluck dinner or lunch for bonding and sharing culinary specialties. 

Drink more water. 

Water is is healthier and cheaper than carbonated drinks. 

Quit smoking, drink alcohol moderately and exercise. 

Vices are expensive and detrimental to health while exercise keeps you fit and healthier, avoiding medical related expenses. 

Turn off the lights and unplug appliances when not in use. 

You do not only save money by doing so, it is safer too. Electrical outlets and appliances may overheat when left unattended for an extended period of time and may even become fire hazards. 

Observe regular maintenance of appliances. 

This makes them more efficient in terms of functionality and electrical consumption. 

Use LED lights. 

They last longer, less glaring, and cheaper to maintain.

The Internet can be a supplement for free movie and TV shows. 

Netflix and other related service providers may actually replace your cable subscription. Movies and TV shows can be streamed. Not unless cable features a specific channel you religiously watch. 

Read online. 

There are sources for news over the web. Even major newspapers, magazines and related publications publish stories online. You can also read books online. There are many free eBooks’ sites you can exploit. 

A personal or home library may still be worth keeping if your house has space. The printed materials can be passed on to the next generation/s of your family as your legacy. 

Swap books, movie copies, games etc. 

Although reading ebooks online and watching movies through streaming was mentioned earlier, there are still those who want to physically collect book and movie copies. If you're one of those, swap copies with friends who also collect instead of buying a new one all the time. There are even online groups which exist for this purpose. 

The same applies to gamers. If you've completed a game or tired playing it, you can possibly sell it or swap with another gamer who has a game you haven't tried yet. 

Sell instead of collecting.  

Your trash maybe treasures for other people. Stop collecting if it is not worth it. Those who have funds and space to keep collections are obviously exempted. But if you're strapped for cash, a garage sale in your neighborhood or even online will definitely help free up space at home and earn money from it at the same time. 

Cancel inactive subscriptions and memberships.

If you're not even actively engaging in a club's activities whilst still paying the yearly fee, then it may be time to cancel. Gyms or fitness center usage may also be better off availed on a per session basis instead of through a regular membership if you don't really visit regularly. 

Make your own gift. 

If you're creative, this may be easy instead of buying new stuff; think: handmade arts and crafts, edited video clips, compiled music and so on. Some gifts need not be purchased too like time and affection. You can save the money for other purposes such as an emergency or contingency fund instead. 

Simple pleasures don't cost a thing. 

Encourage kids with simple yet entertaining pleasures instead of spending on big items which they will toss around after their attention span wander to new things. You also bond closer to them by doing so. 


The same simple pleasures that will not require spending apply to parents too. 

Learn new skills instead of hiring service providers. 

Who knows, you may probably be your own Internet or computer technician and of other Jack of All trades skills?! There are tutorials you can refer to online, such as YouTube videos or Wiki How and other related sources. But do assess the problem first, because not everything can be dealt with on a DIY basis. You may possibly make it worst, thereby, costing more money for professional repairs instead of saving. 

Try more do-it-yourself ideas.

This is somewhat related to the tip above but more for simple chores like making your own meal or minor repairs. There are countless random DIY videos on YouTube alone for all kinds of issues. 👍 

Yes, these are simple ideas but they can go a long way when it comes to saving money. 

Comments? Additional items to list? Let us know! Feel free to share too!