6 Clever Life Hacks to Amp up Your Savings Game

Raise your hand if you want to supercharge your savings account! (Now put them down; I can’t see them.) Everyone loves saving money, and thankfully, there are plenty of tips, tricks, and hacks to give anyone a healthy savings balance.

Recently, financially-savvy men and women met in an online discussion to reveal how they can save a few dollars consistently.

Let’s face it: We all spend too much money on soft drinks, alcohol, coffee, and other pricey beverages.

1. Drink More Water

When you’re broke, you save money and cut back on spending without giving it a second thought. One person suggests taking this concept one step further and training yourself to believe you’re broke.

2. Convince Yourself You’re Broke

Everybody knows that buying a new car is one of the most foolish financial situations a person can get into. Yet, each year, millions of men and women purchase new vehicles.

3. Stick To Used Cars

Incurring debt is the number one reason people struggle to maintain a healthy savings account, and falling into credit card debt is a trap that is difficult to dig out of.

4. Never Carry a Credit Card Balance

Exercising patience before making any impulse purchase is a time-honored way of saving money. You’d be surprised how little you want an item a few days — or even a few hours — later!

5. Use the “Wait It Out” Method

As someone who meticulously researches every purchase I make (big or small), I can attest to how much money this strategy can save a person!

6. Do Plenty of Research Before Making Decisions

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