Home Money 15 Effortless Ways To Save $20 A Day

15 Effortless Ways To Save $20 A Day

by Ambriel

Did you know that you could save thousands each year with just a few small adjustments to your spending? It’s true. By cutting back on your daily expenses, you’ll see tremendous savings over time. And while you may have to make a few sacrifices, you can still do all the things you enjoy without breaking the bank. Here are some simple changes you can make to save more money daily.

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1. Brew Your Coffee at Home

brewing coffee at home


Regularly buying a cup of coffee can end up costing you a lot. 

Instead of going for that expensive latte from Starbucks or Dunkin Donuts, brew your coffee at home. You can still get your caffeine kick in the morning, but you’ll save thousands of dollars in the long run.

2. Make Your Lunch

Much like coffee, spending on lunch every workday can end up costing you a ton. According to a Visa survey, Americans spend an average of $20 a week on lunch, which amounts to $1,040 per year. The total can be even higher if you spend big on lunch every day.

Instead, make your lunch at home. You can still make tasty sandwiches, lunch wraps, fruit bowls, and whatever else you like, but you’ll save big. Not only can you get lunch for cheaper, but you can also improve your health with nutritious meals.

3. Buy Cheaper Groceries

Groceries are another weekly cost that can end up costing you big time in the long run. Food that expires quickly, expensive brands, and buying more food you need can all put a hole in your wallet.

Make a list before you shop and price check everything. Look for store brands instead of big-name brands. Frozen fruit and meat cost less and last longer than fresh. Buying food like rice, pasta, sauces, and frozen chicken in bulk can help a lot with your finances. Keep in mind that buying less is better; you can always buy more if you need it.

4. Save on Your Energy Bill

Your electricity costs can also accumulate day by day. If you habitually leave on high-consumption appliances and electronics, then you might be surprised at how much you end up spending.

There are plenty of ways to save on energy. Switching to energy-saving light bulbs and appliances will save you more in the long run. Turn off your electronics and sockets for anything you’re not using, especially when you go out. Over time, you can save a bunch by focusing on spending less energy.

5. Drive Less

Driving more can end up costing you big over time. Not only will you need to cover gas costs, but you’ll also have to pay for maintenance when your car experiences problems. You’ll also be at a higher risk of accidents and reduce the value of your vehicle by increasing mileage.

When it’s viable, try to avoid driving. Walk short distances instead of driving and avoid taking drives to the store too often. It’s a simple change that can end up saving you a lot of money. As a bonus, it can also improve your fitness.

6. Think Twice About Any Purchase

Maybe you’ve seen a great jacket you’d love to buy or a shiny new television. You may be tempted to buy, but think twice. Then think again. Do you need it? Will it help your finances in the long term? Can you wait until it goes on sale?

Just spending more time thinking about your purchases can ensure you save more. You’ll be less inclined to make unnecessary impulse buys and save your money for the things you want.

7. Sell What You Don’t Need

Clutter can quickly build up around the house, especially for people who buy too much. However, it can result in a money-making opportunity.

If you have valuables like gadgets, games, and designer clothing, sell it online. You could make big bucks from sites like eBay and Craigslist. Alternatively, if you need to get rid of some small items such as toys, old clothes, and furniture, then have a yard sale or take it to a flea market. That way, you can get a fair amount of money back on your past purchases.

8. Look for Discounts

With couponing sites like Groupon, discount sites, and exclusive online offers, you can save a lot on your shopping. Before buying anything, take a quick look online to see if you can get any special discounts. Look around e-commerce websites to see what they offer regarding money-off codes. Sometimes you can save 10% to 50% just with a quick Google search.

9. Use Customer Loyalty Programs

Much like with discount codes, many online shops offer money-saving rewards to their customers. If you spend a lot at a particular store, make sure to check if they have a customer card or loyalty program.

For instance, if you shop at a particular grocery store each week, taking advantage of a loyalty program will save you a lot over time. You can build up your points, so they pay off later. Apply this to anywhere you buy, even if you don’t spend there frequently. But don’t be tempted to overspend merely to get points.

10. Find Cheap Ways to Entertain Yourself

woman watching movie at home to save money


Depending on what you like to do in your free time, you could end up spending a considerable portion of your funds on fun.

Going to the cinema, going out clubbing, and going to events can be some of the most crushing costs. If you’re looking to improve your bank balance, look for cheaper ways to entertain yourself. Invite friends around your house for cheap drinks.

Use NetFlix instead of buying movie tickets. Go to local gigs instead of major events. These things can help you save hundreds or even thousands.

Of course, if you have the money, feel free to spend it on enjoyable experiences. After all, that’s what making money is all about. Just don’t go overboard.

11. Cook Meals in Advance

Have you ever had those days where nothing looks good in the fridge, or you’re too lazy to cook and end up ordering a pizza? You could end up wasting what should be your grocery money to buy takeout.

Instead, plan out your meals and cook them in advance. For instance, you could buy chicken, rice, vegetables, and seasoning and put it in the crockpot in the morning. By the time you get home, you’ll have a cheap yet tasty meal waiting. Some people even cook all of their meals for the week on Sunday and freeze or refrigerate them.

12. Stay Healthy

Americans are particularly susceptible to high medical bills. If you get sick or injured, you may have to spend a lot to get better.

Eating healthier, exercising, and taking care of yourself can all result in better health. You’ll feel more fit and energetic and spend less time at the hospital. You’ll also be more productive at work, leading to even better financial gains.

13. Keep Money in Your Savings Account

Everyone should open a savings account as soon as possible and make good use of it. By putting a portion of your earnings straight into your account, you’ll be less tempted to spend. What’s more, the more you save the more APR you can earn on top of it.

If you don’t have a savings account already, then open one. You can start building up a nice fund, so you have money to spend when you genuinely need it.

14. Get a Side Job

If you have a lot of free time, you could end up spending more to entertain yourself. If you want to save money, be more productive, and even end up boosting your bank balance, find a side job.

There are tons of ways you can convert your extra time into money. You could try freelance writing or UI testing for sites like Freelancer. If you enjoy driving, become an Uber driver every other evening and taxi people around for cash. You’ll be less inclined to waste your money, and your funds will keep rising.

15. Change Your Insurance

Insurance costs can end up dwindling your funds fast. Make sure you only get the insurance you need. More importantly, make sure you’re not spending too much on it. Price compare online to check if you’re getting the best deal. 

Also, consider that insurance companies are often in competition with each other. If you tell one what you’re already spending, they might offer you a cheaper package on the spot.

All it takes is a few simple changes to save thousands each year. These tips will help you save on everything from your home costs to the food you eat. You’ll end up saving more money and even making more on top of it. Keep focusing on improving your finances, and you’ll be shocked at how much more you have in your bank after a year.

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