5 Tips To Save Money When You’re Living Paycheck to Paycheck

Sabrina Johnson
Build Your Wealth
Published in
6 min readApr 28, 2022

--

Nowadays, it seems like everyone is living paycheck to paycheck. If you are too and want some helpful tips on saving money, check out my five easy ways to put a little extra in your pocket each week and have a bit of an emergency fund at the same time!

Photo by Karolina Grabowska on Pexels

Top 5 Tips for Saving Money

1. Make a budget: This may seem obvious, but it’s essential to figure out where your money is going before starting to save. Track your spending for at least a month to see where you can cut back.

2. Set aside money each month: Once you have your budget figured out, make sure to set aside some money each month to put into savings. Even if it’s just $50, it will add up over time!

3. Automate your savings: If you have trouble sticking to a savings plan, automate it! You can have a certain amount of money transferred from your checking account to your savings account each month, so you don’t even have to think about it.

4. Cut back on unnecessary expenses: Take a close look at your spending and see where you can cut back. Do you really need that daily coffee? Are there cheaper options for your cell phone plan? Every little bit counts!

5. Boost your income: If you’re struggling to save on a tight budget, try boosting your income with a side…

--

--

Sabrina Johnson
Build Your Wealth

Full-time Program Manager, writer, business owner, & podcaster. I am happy to network & currently adding guests to my business podcast. connect to learn more.