5 Simple Habits That Can Help You Save More Money Every Month

3 min readMar 2


Photo by Josh Appel on Unsplash

Saving money is an important part of building financial stability and security, but it can be challenging to make it a habit. Fortunately, there are several small changes you can make to your daily routine that can add up to significant savings over time.

In this blog post, we’ll explore five simple habits that can help you save more money every month.

1 — Track Your Spending

The first step to saving more money is to understand where your money is going.

Take some time to track your spending for a few weeks or a month. This can be as simple as writing down every purchase you make in a notebook or using a budgeting app to categorize your expenses.

Once you have a clear picture of where your money is going, you can identify areas where you may be overspending and make adjustments.

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2 — Automate Your Savings/Pay Yourself First

One of the easiest ways to save more money is to make it automatic.

If you are paying CPF, you are already doing this.

Additionally, you can set up an automatic transfer from your checking account to your savings account each month. Even if it’s just a small amount, like $25 or $50, it can add up over time.

3 — Avoid Impulse Purchases

Impulse purchases can be a major drain on your wallet, especially on e-commerce sites/apps since it is so easy to spend.

Before making a purchase, take a few minutes to ask yourself if it’s something you really need or if it’s just a want. If it’s a want, consider waiting a few days before making the purchase. Often, the impulse to buy something will pass, and you’ll be glad you didn’t spend the money.

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4 — Cook at Home

Eating out can be expensive, especially if you do it frequently.

Instead of eating out, try cooking at home. Not only is it usually cheaper, but it can also be healthier and more enjoyable. You can make meal planning and cooking a fun activity by involving your family or friends.

Or get a helper who can do both cooking and cleaning. The cost might be worthwhile compared to eating out.

5 — Shop for Deals

Finally, always be on the lookout for deals and discounts.

Before making a purchase, do some research to see if you can find a coupon code or a sale. There are also many cashback apps and websites that can help you earn money back on your purchases. By taking a few minutes to search for deals, you can save money on everything from groceries to clothing to travel.

Photo by Towfiqu barbhuiya on Unsplash

In conclusion, saving more money doesn’t have to be difficult.

By making small changes to your daily habits, you can build a strong financial foundation and work towards your financial goals. So, start tracking your spending, automate your savings, avoid impulse purchases, cook at home, and shop for deals.

Your wallet (and future self) will thank you!




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