6 Money-Saving Life Hacks

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Change These 6 Habits to Save $3,677 Each Year

(This is a sponsored post by PSECU, a Pennsylvania credit union. Please read my full disclosure policy for more information.)

We can all use a little more money.

Think of the possibilities of having an extra $3,677 each year. In one year you could have enough saved to go on a dream vacation. In five years, you could buy a brand-new car without taking out a loan. If you place it in a retirement account, in 25 years you will have over $230,000.

There are two ways to get this money: earn more or cut back on current spending. This infographic below created by PSECU focuses on six small lifestyle changes you can make that will help you save more money.

 

6 Money Saving Life Hacks from PSECU

Credit: PSECU

(Please note: Graphics shows money in U.S. dollars.)

How to Save More Money

None of these hacks require large changes.

Instead of picking up a latte at your local coffee shop, just make it at home. It only takes a few minutes to inflate your car tires. Instead of watching cable, switch to an online streaming service like Netflix or Amazon. Take a few extra minutes to line dry your clothes or drape them over an indoor drying rack. Instead of paying bills with a check or debit, get a cash back credit card. Just remember to pay back your credit card in full each month so you don’t get charged interest.

YOUR TURN: What are some other small habits you can change that would save you big bucks over a year?

About the Author

My Life, I Guess is a personal finance and lifestyle blog by Amanda, an older millennial from Ontario, Canada that strives to keep the "person" in personal finance by writing about money, mistakes, and making the most of whatever life throws at you.

 

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One thought on “6 Money-Saving Life Hacks

  1. Tara

    This is a nice infographic. I also have to give a shout-out to PSECU – my FIL works for the state of PA and my in-laws love that bank. My sis in law even uses them too. PSECU are good people (that also give fair rates on auto loans).

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