There’s no doubt about it. Saving money is not easy. Something always comes up to deplete your nest egg. But’s that’s not a legitimate excuse to stop saving entirely.

Here are some tips to help you save at least $100 a month. Wouldn’t it be nice to have $1,200 bucks for Christmas each year?

Fun Ways to Save $100 a Month

  • Piggy Bank: Get in the habit of putting all your spare change in a jar or piggy bank. It’s better to use something that you can’t see inside. That way you’re not tempted to borrow.
  • Use Coupons: Many stores have online coupons you can print out at home. List the amount of savings when you redeem them and add that amount to your savings.
  • Receipt Savings: Your grocery receipt might say, “You saved X dollars.” Well you didn’t until you put the amount you saved into your savings account.
  • Save Your Raise: If you happen to get a raise in pay then keep living under your old income and commit the amount of the raise to savings.
  • Use the Net: There are many web sites that offer big savings for you. Click Here For Some of Them.
  • Cash Back Credit Cards: If you’re responsible with credit cards then use the ones that give you cash back. Look at NerdWallet and com.
  • Pay Yourself First: Every payday put 10% of your income into savings. Make it a bill you pay like any other. The upside is that it’s the one bill you pay where you get to keep the money rather than a creditor.
  • Drinking & Smoking: Neither is very good for you. Quit them if you can and you will easily save $100 a month.
  • Pay Yourself for Your Work: When you do laundry put a couple of bucks in your save jar.
  • Keep Paying: If you pay off your car or a credit card keep paying that bill into savings for a few months. You lived with a car payment — keep living with it. At least save half.

Some Final Thoughts

Just because you pay off a bill or win some cash doesn’t mean you have to spend it.

Suppose you had a million in cash. You could spend it, or invest it, and maybe get a four percent return.

You’d have $40,000 to spend, and $40,000 next year, and the year after that. And the million would still be there.

Are you getting the picture? Small savings now pays off big later.

Comments below

More From KMMS-KPRK 1450 AM