5 SPECIFIC Money-Saving Tips for 2024

**Correction: The interest is per YEAR not MONTH. I got a little excited and said the wrong word. I’m human. I apologize. The point is…avoid debt…**

Great advice

Modest changes ahead for me. Switching my cut/color from 5 to 6 weeks; already have my supplies for next Xmas (sewing waffle linen/cotton toweling I bought last year on sale, etc.) and thrifting some others); focusing on reducing waste; donating $ throughout the year rather than at year‘s end; and increasing retirement contribution from my part-time job.

You can eat the same quality or better for a price that will still not reduce your monthly savings minimum 10%.

Great Content

Just finished day 17 of no spend year! Thanks Kate from the Isle of Wight UK 🇬🇧 ❤❤

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This month we are staying home! It’s cold, we have subscriptions and workout equipment and new toys galore. We are skipping outings and staying in.

Impulsive buying

Doing a low-spend 1st Quarter, saving 10% of my take-home pay, and making extra car payments.

If at all possible, I do all my errands on an efficient route the same day I have an appointment in that direction.

I live very rural and have halved my gas expense by planning better and making do when I did not do so.

My January goal is to track every penny. Writing it down by hand in an accounting notebook

I’m a Joshua Becker fan girl also.

Love the ballet teacher analogy!

I love Everything Is Figureoutable!! Most excellent book.

8 started a bare bone budget. I found alot of wast.

Please pay attention to your comments. You liked a comment that said they saved 600k just in 3.5 years after college at 26. 😂 underneath it is full of scammers advertising an investment scam. No no nooo
People who are bad with money and come for advice may fall for that. These scammers use the trust your viewers have in you.

I am doing a couple of small challenges and am throwing as much as possible at my debt. I have over $1000 in an emergency fund already.

A few minutes in and the first two money saving tips are to save more money. 😂

Kate, you are wonderful. I just took this book out on my Libby Ap.

I' m listening to "12 Week Year" book...and ordered the workbook...SO FASCINATING!!! Change your mind...change your life! Thanks Kate for suggesting! Also will do your book club videos!!

What I'm doing this month cut down on debt is watch your channel, read the free PDF I downloaded of the book you mentioned while I listen to the free audio book of the same. Thanks for these great idea!

Im working hard to get back on track. I had a baby and took 5 months off. I had a decent amount in savings but had some big health issues after baby was born and was really struggling a lot. Ended up having to hire a nanny while also on maternity leave which sucked (financially but great for my needs). Im down to almost nothing in savings and have about $3k cc debt now. Im also a real estate agent so its taking me some time to get business back up and running. Im currently all no spend no spend no spend! Hopefully ill be able to get that debt paid off soon and back to beefing up my savings this spring!!!

Someone once said to me, "If you say yes to buying this thing, you are saying to no to a million other things." Think very carefully about what you are buying. Is there something you already own that could serve the same purpose? That question right there usually stops me in my tracks.

My one thing I'm doing this month is staying out of thrift stores. There's something about the mentality of being in a thrift store and finding a bargain that pulls the rug out from under me. It's a different thing than, say, seeing something on Amazon that looks like a good buy. In a thrift store, I'm also trapped by the feeling that it won't be there tomorrow if I don't snag it today. Plus the idea of "I'm here now and I don't know when I'll ever be back" trips me up. Just staying out of those places is my only recourse.

No spendJanuary

So happy to be participating in No Spend January! Had to catch myself a couple times but so far so good.

Nice tips 😊

Savings 10 to 20 percent

I'm doing No Spend January for a start, will probably keep it up through the year. Eating from our pantry to lower the grocery bill. Need to build our safety net back up as last year we had a lot of big expenses (braces on our eldest for one).

I need to work on ALL of these😂 but mostly #4.

Hey Kate, thanks for the video and information. I'm going to read Forleo's book. It looks like just what I need : ). I am not eating out or getting take outs this month. that by itself should save at least $100!

See if your local library like ours lets us order for free 2 books on them to borrow and read per mn.-books they do not carry that you want-so nice in our house that is 6 free books that we might otherwise order on Amazon for completely free-you have to ask-I found this out by mistake. I kept donating books, but they never kept, and they said we will order 2 books per mn. for you for free and we don't want your money, now we still donate yearly to our local library, our daughter reads over $5k per year for free from our local library

I watch for sales on produce. Recently I bought 10 pounds of Yukon Gold potatoes for $3.99. That gives me 2 potatoes a day for 18 days. I bought 10 pounds of onions for $2.77. That lasts me a month. I count my vegetables and portion them out. E.G. four prunes a serving. six brussels sprouts per serving. One carrot per serving. I eat two meals a day.

I use containers rather than baggies or saran wrap.

I make delicious baked beans from 1 cup of dry beans. Soak them overnight. Then cook low and slow until tender. About 2.5 hours on the stovetop. 1 cup of beans swells. It makes 5 servings at about 15 cents a serving.

One serving of kale is two large leaves, washed, cut, and cooked in boiling water for seven minutes or until tender. Drain. Save the pot liquor for a hot nutritious beverage

I have 30% of my check to get a month ahead on monthly bills and if I have money left over I put that extra on my credit card which is lookin good very close to getting my credit score back to 800 or more

im trying to get my 22 year old to stop CASH APPN the paystub. we went to the bank on purpose just so a bank teller could inform that THEY WILL NOT REPLACE ANY MONEY IF STOLE ON CASH APP. Now, lets get that money saved!!!

The hubby and I are working on saving 10% (minimum) of our take home pay. Working on our emergency fund and also not letting family influence us to use credit cards. We have family members who think we’re broke or struggling because we only have one credit card which we pay off completely 😂 They can’t fathom why we won’t get more credit cards. How sad is that?!

I used to work at Walmart for many years. They had an employee stock purchase plan that Walmart would add 15%up to a certain amount. I always maxed it out. It was like making 15% interest plus what ever the stock market did. They also used to have a profit sharing for employees.They also did a small 401k match. Even though Walmart was not the best employer I was able to retire at age 57.

Thank you for the video. Your math on the interest is a little off though. A $1,000 debt at 20% interest is $200 annually not monthly. Divide that by 12 and it comes out to about $16 per month.

I'm working extra on a weekend and cutting back on my spending on things such as clothes, make up, alcohol. I'm 2.5 years from being mortgage free, and car loan will be gone March. In 45.

These are really good tips.❤

Agree!

Great video! HNY🎉

eating from home more this month while using what i have in the pantry

I am trying to get back to focus on saving money-not making unnecessary purchases & tracking my expenses. Also focus on limiting food to avoid meat & minimal dairy products. Seems to work better for me b/c alot of food irritates my stomach. Still trying to adjust my spending with new job.

I too am a fan of Marie Forleo. I’m attending one of her “free “ workshops next week on time management. For my no spend trick I am doing MWF each week of no extra spending. So far so good, but it’s week one!

Made a new budget (realistic one) and plan to stick to it. Monitor where all every dollar goes. Also save extra $400 a month (me extra monthly income). Wish me luck😃

We save 30% of take home monthly