In 2014: 9 Easy Ways to Save $100 or More a Month

Photo (cc) by 401(K) 2013

Having a hard time saving money each month? Join the millions of individuals nationwide who face the same issue.

A survey by Bankrate.com indicated that 27 percent of Americans do not have an emergency fund in place — no rainy-day fund at all.

When it comes to saving, I’ve heard every excuse in the book. Some think they don’t make enough while others aren’t willing to give up the little luxuries they’ve grown to love over the years. And some have fallen so far behind on bills that they are robbing Peter to pay Paul each month just to survive.

Bottom line: It’s not how much you make, but how you spend it.

Here are nine simple tips to help you scrape up $100 or more per month:

1. Get an all-inclusive cellphone plan

Tired of paying $100 or more per month for your cellphone? Switch to an all-inclusive cellphone plan. Providers such as MetroPCS offer plans starting at only $40 per month that include unlimited talk, text and Internet. No longer do you have to worry about incurring fees for usage overages.

Monthly savings: $60.

2. Use the cash-back feature at the cash register

Each time you swipe your debit card at an out-of-network ATM, you’re probably accumulating a surcharge. According to Bankrate, the national average for this fee is $2.60. Make six withdrawals and you’ve just accumulated $15.60. To avoid this, select the cash-back option next time you are out shopping.

Monthly savings: $15.60.

3. Give yourself a mani and pedi

In my neck of the woods, manicure and pedicure combos cost anywhere from $25 to $30. It’s always nice to sit back and relax for an hour or so, but it can add up really quickly. Because of this, I recommend scaling back the number of visits per month and conducting an online search for ways to do it yourself. And, don’t forget about YouTube.

Monthly savings: $25 to $30.

4. Have girls/guys night in

As much as we could all use a break from time to time, a night out with the guys and gals can get costly. Even if you find restaurants with late-night specials, such as Applebee’s, you will still rack up a nice bill once you finish tacking on drinks and the tips. To avoid this expense, try a girls or guys night in. Have everyone bring a dish and pick up a movie from Redbox.

Monthly savings: $18.

5. Scrap the gym membership

Even if the membership is only $10 a month, like Youfit, search for free alternatives. Your local parks and recreation center may offer a variety of classes for you to take, free of charge. Not only will you save a few bucks, but you will meet new friends and spice up your workouts.

Monthly savings: $10 or more per month.

6. Pack your lunch twice a week

I am not going to go out on a limb and suggest that you pack your lunch every day, because it’s nice to step out of the office every now and then. However, if you spend an average of $10 a day on lunch, packing your lunch twice a week will result in a substantial amount of savings.

Monthly savings: $80.

7. Consign unwanted goods or have a yard sale

We all have those items sitting around the house collecting dust. If you’re looking to stash some money in an emergency fund, head on over to your local consignment shop. Some, such as Plato’s Closet, offer cash on the spot, while others make you wait until the item is sold to collect your cut. Either way, you create more room in your home while making money. Another alternative is to have a yard sale.

Monthly savings: varies.

8. Slash your grocery bill

Start by making small cuts to your grocery list and substituting generics for brand names. And never go to the store hungry, as this is a recipe for disaster. If you can shave off $10 a week, your wallet will thank you at the end of the month. See: “30 Tips to Save on Food.”

Monthly savings: $40.

9. Drop the cable

We all know that cable can be very costly. It is easy to spend $100 or more on the cable bill alone. However, there are cheaper alternatives, such as Netflix, Hulu and Redbox, that enable you to save a ton of money each month without missing out on your favorite shows and movies. Many of the networks also offer streaming after the fact on their websites.

Monthly savings: $50 or more.

Hopefully, you can use these tricks to start building up an emergency fund so your unexpected occurrences can stop turning into financial disasters.

What simple tips do you use to save money each month? Comment below or on our Facebook page.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Read Next
Here’s the Average Retirement Age in Your State
Here’s the Average Retirement Age in Your State

Are you on track to retire at the same age as most residents of your state?

5 Home Improvements That Help You ‘Age in Place’
5 Home Improvements That Help You ‘Age in Place’

These safety-conscious home upgrades can help retirees stay in their home.

This Chase Card Is Great for Groceries and Cash Back on Everything
This Chase Card Is Great for Groceries and Cash Back on Everything

You could earn more than $600 cash back in your first year just from grocery shopping.

How to Invest in Real Estate for as Little as $500
How to Invest in Real Estate for as Little as $500

If stock market volatility has you looking for other investment options, here’s a way to diversify — even if you don’t have tons of money.

25 Things You Should Never Buy — and What to Buy Instead
25 Things You Should Never Buy — and What to Buy Instead

If you really want to save money, become a more intentional shopper.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
9 Things You’ll Never See at Costco Again
9 Things You’ll Never See at Costco Again

The warehouse store offers an enormous selection, but these products aren’t coming back.

11 Things Retirees Should Always Buy at Costco
11 Things Retirees Should Always Buy at Costco

This leader in bulk shopping is a great place to find discounts in the fixed-income years.

Over 50? The CDC Says You Need These 4 Vaccines
Over 50? The CDC Says You Need These 4 Vaccines

Fall is the time to schedule vaccines that can keep you healthy — and even save your life.

The 15 Worst States for Retirees in 2020
The 15 Worst States for Retirees in 2020

Based on dozens of metrics tied to affordability, quality of life and health care, these are not ideal places to spend retirement.

11 Household Items That Go Bad — or Become Dangerous
11 Household Items That Go Bad — or Become Dangerous

When you get the impulse to stockpile these everyday items, pay close attention to their expiration dates.

8 Things You Can Get for Free at Pharmacies
8 Things You Can Get for Free at Pharmacies

In this age of higher-priced drugs and complex health care systems, a trip to the pharmacy can spark worry. Freebies sure do help.

7 Ways to Boost Your Credit Score Fast
7 Ways to Boost Your Credit Score Fast

Your financial security might soon depend upon the strength of your credit score.

The 10 Most Commonly Stolen Vehicles in America
The 10 Most Commonly Stolen Vehicles in America

A new model parks atop the list of vehicles that thieves love to pilfer.

These Are the 4 Best Medicare Advantage Plans for 2020
These Are the 4 Best Medicare Advantage Plans for 2020

Medicare Advantage customers themselves rate these plans highest.

This Is the Cheapest Place to Buy a Used Car
This Is the Cheapest Place to Buy a Used Car

Looking for a good deal on a set of wheels? This should be your first stop.

19 High-Paying Jobs You Can Get With a 2-Year Degree
19 High-Paying Jobs You Can Get With a 2-Year Degree

These jobs pay more than the typical job in the U.S. — and no bachelor’s degree is required.

10 Things the Pandemic Is Making Obsolete
10 Things the Pandemic Is Making Obsolete

Even if a COVID-19 vaccine is discovered tomorrow, it’s unlikely we will ever return to these ways of life.

5 Ways to Get Amazon Prime for Free
5 Ways to Get Amazon Prime for Free

Hesitant to drop $119 a year on an Amazon Prime membership? Here’s how to get it for free.

26 States That Do Not Tax Social Security Income
26 States That Do Not Tax Social Security Income

These states won’t tax any of your Social Security income — and in some cases, other types of retirement income.

5 Keys to Making Your Car Last for 200,000 Miles
5 Keys to Making Your Car Last for 200,000 Miles

Pushing your car to 200,000 miles — and beyond — can save you piles of cash. Here’s how to get there.

3 Ways to Get Microsoft Office for Free
3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

10 Reasons Why You Should Actually Retire at 62
10 Reasons Why You Should Actually Retire at 62

If you can, here are several good reasons to retire earlier than we’re told to.

5 Things That Make Life More Meaningful for Retirees
5 Things That Make Life More Meaningful for Retirees

Retirees agree: These are the things that give them purpose and fulfillment in their golden years.

7 Surprising Features That Boost Your Home Value
7 Surprising Features That Boost Your Home Value

You can add value to your home without hiring a contractor to do expensive renovations.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.