I want to save more money.
Who doesn’t? Every so often, I pause to take financial inventory. While I make every effort to save money, it doesn’t hurt to stop and ask, “What more could I be doing?”
Here’s the thing about saving money — sometimes, you have to get out of your comfort zone and make some sacrifices. Saving can at times mean giving up a habit, breaking routine or simply working harder.
It could be trying a less-expensive brand of your favorite product. Getting to work a different way. Eliminating costly little routines, like stopping at the convenience store every day on the way home. Or, it could be bigger things, like switching service providers, trading in a new model with a payment to an older model that’s payment free our putting off something big you’ve wanted to buy.
The thing is, while there are some fundamental ways we can all save, there are also changes we can make individually to impact our own situation.
What’s next for me? I’m moving things out of storage even if it means my home is more cramped, not renewing magazine subscriptions and checking in with providers of various services to see if there are discounts available.
What about you? Have you done a savings inventory lately? If you did one today, are there areas in which you could save a little bit (or a lot) more? What sacrifices have you made recently to improve your own situation?