If you want to fulfill your desires and wishes, then, the first step in that course is to learn the skill of saving the salary. While it’s a fact that some are blessed with a virtuous annual package, which easily covers all the dreams, desires, and daily expenses. However, there are some who need to cut down their bucket list items as they are barely left with anything after covering the monthly expenses.

Saving money might sound like a tedious and back-breaking task in the starting phase, but believe me, it will prove to be significant and valuable in the long run. By this blog, we are providing a list of saving tips that will help everyone to fulfill their bucket list both effectively and efficiently.

Pay off Debts First

The golden rule to start saving money is to make a budget and pay off the burden of the debt first. The reason behind the same is that if you consider paying your debts first, then after getting free from it you can easily put that amount in your savings. 

Set your Savings Goals

Another best way to save money is to visualize and set goals for which one is saving. That means a set saving target, together with the timeline will not only make it easier to save but provides motivation as well.

Pay for Yourself

One should never cheat himself/ herself out of a hale and hearty long term savings plan. That means irrespective of the amount one must establish an auto debit from his/ her checking account to the savings account.

Quit Smoking

We know that quitting smoking is not an easy work. However, if you first, try to reduce your stick count by increasing the duration in between two sticks, then, in that case, not only will you be able to save around $3000 in a year, but will be able to safeguard your health as well. 

Go for Staycation

The word staycation may sound interesting and trendy but has a solid reason behind it. Instead of choosing an expensive place by spending thousands on airline tickets, go to your backyard and enjoy your vacation by doing barbeque, campfire, and such other activities. By these ways, you will enjoy to the core but it will not pain your wallet.

Pay to Save

Let’s just accept this fact that over the time also the utility costs rarely go down. So, take a charge and list down the changes that are both of urgent and of significant nature. Also, invest in energy saving and high efficiency appliances to avoid the cost of future repairing.

Choose Utility Savings

One of the most effective saving methods is utility savings. In this method one needs to make changes in daily works, such as lower down the thermostat by 10 degrees Fahrenheit, increase the Temperature of Air Conditioner to 24 degree, install a tankless water heater, etc. by these methods one will up to save 10 to 12% of the monthly energy costs.  

Make Your Lunch

The most obvious manner of saving money every day is that instead of buying food at work or going out for lunch during break, prefer to cook and bring homemade food as it will secure both health and pocket. Also, by this course one can save the amount spend on lunch for the emergency fund, or for the retirement fund.

Open an Interest Bearing Account

Normally, keeping your savings account different from the regular checking account will help you in avoiding the habit of borrowing the amount from the savings account. Also, it shall be suggested that always go for high interest bearing accounts for better savings. 

Calculate your Spending

The last but most significant saving tip is to regularly analyse your weekly spending on snacks, vending machines. As by controlling this habit one can add a substantial amount to his/ her savings. 

You can also read : Top 10 Money Habits of Financially Successful People


In a nutshell, it is right to state that a bit of saving each day can add a substantial amount to your bank. However, in the starting these all tips must prove to be a tiring task but at the end will definitely give a fruitful result. 

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