Your financial health is something that you should pay close attention to as you age and work towards the things you want out of life. Especially in today’s economy, planning ahead is important.

That said, trying to figure out where you can cut down on expenses and save your hard-earned funds can be hard for those who are not accustomed to looking for ways to improve their finances. Do you want to start saving more and spending less? To help you get started, here are six easy ways to save money that anyone can do.


1. Be smart about how much energy you are using.

When we begin looking to save money, one of the first places we often look is at our bills. For example, some people may spend a substantial amount of money on their monthly utility bills, which may be due in part to the amount of electricity they are using throughout their day-to-day lives. The first thing that we can do to remedy this problem is to use less energy and find more efficient appliances that will help us accomplish this task. However, this may not be the only source of your high bills.

In some cases, you may be paying higher electric rates with one company than you would with other electric providers. If you know that your bill is too high and that you could be paying less, consider switching to a new company. To get started, visit to compare plans near you and find one that better suited for your current financial needs.

2. Cut down on recurring subscription services.

Monthly subscription services can easily build up over time, automatically taking money out of your account even if you are not actively using them. For those who have a large number of these services, you may be spending hundreds every month without even knowing it. Make sure to look at your bank statements and see if there are any charges for things you don’t use anymore. Then, cancel them and store that extra money away for emergency funds and savings.

3. Cultivate more awareness around what you are purchasing and why you are purchasing it

It can be hard to save money if we are not aware of our spending habits. Too often, we can purchase things without thinking about why we are purchasing them or whether or not we need them. Each time you go to spend money, ask yourself, is this essential? If not, ask yourself if you have room in your budget to pay for it or if it is better to go without it for now. Another great way to make sure you stop spending money unnecessarily is by creating a visual reminder of your budget that shows your current debt, the expenses that you must pay, and your total income. This way, you can see your financial health at a glance and use it as an incentive to save rather than spend.

4. Pay yourself first.

When you first get your paycheck, chances are that you use that money to spend on things you need, then store whatever may be leftover away. One way to potentially save more is by paying yourself first, then using what is left over to pay your bills and other expenses. While the amount you are able to save will depend entirely upon how much you make, this strategy may prevent you from making unnecessary purchases and help you save money along the way.

5. Consider refinancing if it will reduce your overall debt.

In some cases, refinancing your current loan may be a way to save money month-to-month and, if done right, reduce the overall amount you may have to pay. For example, let’s imagine that you have a car loan that is costing you a large sum of money monthly, which is putting more stress on you to scrape up the cash to pay your other bills.

If you are able to refinance, you may be able to find lower monthly car loan payment options that’ll allow you to save more money for other needs. One great way to see whether or not this is the right choice for you is to use a car finance calculator to see what your loan repayments would look like. Or, if you are in the market for a new car, you can use this calculator to find the best loan options for you. Either way, being smart about your loans is one way to make sure you are saving money.

6. Find an app that can do it for you.

For those who have a lot of trouble saving money, the good news is that there are apps available designed to automate the process. Whether that means setting aside a certain amount per month or saving a certain percentage of each of your purchases, using technology to help you save can be an excellent way to force yourself into the habit.

Saving is hard, especially for people who have not had to save in the past. However, that doesn’t mean that you can’t get into saving to provide yourself with a better financial future. If you want to save but don’t know how to get started, use the six tips above to start cutting down on expenses and saving money.