Spending wisely and saving more money as of today! – Meet Shaneek

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Some time ago I was not spending wisely at all. I find myself buying so many unnecessary things that I didn’t need.

It was such a bad habit to walk into a store for one thing and came out with five or eight other things! In fact, I wrote an article on it listing 9 things I stopped buying to save money, and it worked! My finances got better and I rid myself of that habit.

Money spending is a top priority and no one wants their money to be wasted. What would you do if you had some extra money after spending? Are you big on saving a few bucks here and there? When you’re all about spending wisely, you save more money that can be used for other things.

Related content:

Bad money habits to avoid

How to save money on low income

Spending wisely and saving more

In this post, you will find so many ways of spending wisely with money-saving tips and strategies you can use in your daily lives! In other words, you will:

Know the importance of spending money wisely

Get valuable resources and tips to help you spend less!

Why is spending money wisely important?

Learning how to spend your money wisely is critical to your financial health. Not spending wisely can hurt your finances, so you definitely don’t want that. We want to be smart spenders, so our money doesn’t go wasted or do a bunch of unnecessary things. In other words, we want to manage money wisely.

Wise spending is important as it can help you to:

Save money
Develop good money habits
Build wealth

Stick to a budget
Create room to do more

How can you spend money wisely ?

Use Cashback

Cashback is a great way to earn back a percentage of your money when you shop.

TopCashback is a website that gives you money back when you shop online using their site. They have over 20 million members who are saving hundreds of dollars. You’ll find a lot of your favorite stores as there are over 4,400 retailers to choose from.

You’ll shop normally on the site as you would from any other online store. Just search/select your retailer. Sign up now and start spending wisely.

Swagbucks is a website that allows you to earn by watching videos, searching the web, doing surveys, and earning cashback when you shop from some of your favorite stores (Amazon, Walmart, Best Buy, Home Depot, and more). You also receive a $5 bonus just for signing up for free .

2. Save money on groceries with Ibotta

Are you asking the question, how can I save $100 a month for groceries? It’s all about how to handle money wisely. There are numerous ways to save money when you go grocery shopping. Here’s how:

The Ibotta App allows you to earn cash back on your everyday items/essentials. You also get $5 when you sign up and make your first purchase. Also, you get a $20 welcome bonus when you sign up.

With Ibotta, you’re able to catch amazing deals, make purchases in-store, upload the receipt as proof and get cash back!

Ok let’s backtrack a little, TopCashback also allows you to save money on groceries through this link.

3. Eat out less

Learning how to spend money wisely is a good financial move and that’s going to be our lifestyle. I save so much money when I cook at home and so can you. If you don’t like cooking or you’re a busy bee, then a $5 Meal Plan might be good for you.

$5 Meal Plan gives you a delicious meal plan each week for you to use for only 5 per month. People are loving the service as it helps in saving time and money. It’s free to sign up, plus you can try it free for 14 days!

Another meal planning service you can try is Hello Fresh. Hello Fresh will deliver healthy recipes and groceries weekly for you to prepare the meals. They have flexible plans at different prices for you to choose from.

4. Save money on energy

We all want to save on energy. Energy Helpline assists persons with advice on the most affordable gas and electricity deals. You can get their help in comparing energy prices and saving money. It’s free, fast, and simple to get started. Therefore, cut some money spending where you can.

5. Save on mobile plans

Did you know you can save on your mobile plans with Tello Mobile and Mint Mobile?

–Tello Mobile offers crazy affordable mobile plans. There’s a feature where you can build your own plan or choose a ready-made one.

Plans range from $10 per month ($5 for the first month with this plan) to $39 per month ($19.50 for the first month).

Each plan has unique features and your choice should be what works best for you. Some benefits are:

You can start at $5

Able to make calls to 60+ countries
No charge to cancel at any time
No fees to upgrade or downgrade plans

Free unlimited text

–Mint Mobile is also a low-cost mobile service company. It has a free 7 day 100% money-back guarantee feature for you to test out their service and opt-out if you don’t like it.

Their plans range from$15 per month to $30 per month. All Mint Mobile plans include:

High-speed data
Unlimited talk & text

Free sim card
Wifi call & text
Free mobile hotspot

Free calls to Mexico & Canada

6. Save money on coffee

Coffee starts most of our day right? But do you make daily coffee runs? Buying coffee every day is something to reconsider when you want to spend wisely. How about free coffee from Starbucks?

You can get free Starbucks coffee when you sign up for Starbucks Rewards. It’s totally free and you earn points with numerous benefits and different ways to earn that’ll give you your cup of coffee or even food.

As a Rewards member, you also get a free treat on your birthday, notified in the app of happy hours where you can get BOGO. Savings savings savings!

7. Save money when you travel

Who doesn’t like good travel deals? Want to save on airline tickets? By signing up for airfarewatchdog (for free by the way), you will receive travel deals, discounts, and airfare alerts sent to your email.

Whenever airfare prices drop for what you’re looking to book, you get the alert and save money! Sign up for airfarewatchdogs and save.

8. Save money with Chime

Chime allows you to create a bank account that is solely online. It aims at providing an easy or simpler service than the traditional bank. It partners with regional banks and has millions of members.

Chime boasts no monthly fees, no overdraft fees, no low balance fees, access to 60,000+ fee-free ATMs across the country, high yield savings accounts, etc, in order to help you spend less and save more.

9. Save money on vision plan (insurance

Another way to save money when spending wisely is through VSP insurance coverage. For those who do not have access to vision care with their employer, this is for you.

Start now and save money on contacts, frames, lenses, etc. Get more info here.

10. Use free gift cards to make purchases

When you do simple surveys, watch videos, do a daily search, play games, etc, Inbox Dollars and Swagbucks have the gift card payment option that you can use at your favorite stores. Use these gift cards instead of spending the money in your wallet.

11. Cancel and save money on unused subscriptions

This can be a game-changer for your finances. Look at your active subscriptions and see which one(s) can go.

Research shows that thousands of Americans waste $348 a year on unused subscriptions. Is this you? What are you paying for and not using?

I save on cable by using purchased this amazing firestick and got apps like Cinema which has a whole lot of movies, tv shows, cartoons, and so on. Plus, I watch the cable channels on ustvgo.com. Spending wisely and saving money is a must!

12. Take lunch to work to save money

Another way to save money is to take lunch to work.

One thing that motivated me (as silly as it might sound), is that I bought a really cute lunch bag (trust me it works, hehe). Throw your nice home-cooked meal in the microwave at work and enjoy.

13. Know when to say no

In saving money, you have to know when to say no to things that are outside of your budget.

Of course, you ought to have fun. In fact, entertainment should be included in your budget. However, in spending wisely, try to be disciplined and committed to the financial boundaries you set for yourself. You have to learn how to control spending money.

Spending wisely and saving money

Talk about clever ways to save! Now that you’re enlightened on different ways you can save, how to manage your finances wisely, and tips on spending money, you may choose the best suitable action for yourself.

Spending wisely is about being smart with our money, saving here and there, sticking to a budget, and setting financial priorities.

FAQ

How to spend money wisely as a student

As a student, you can save money on books, use drive pooling/sharing, bring lunch to school, take advantage of your ‘school ID discounts’, minimize shopping (go to the mall less), don’t constantly upgrade new gadgets, etc. Also, you can have ‘not spending money days’.These are just a few ways how to use money wisely.

What do you call a person who spends money wisely?

This site calls such a person ‘frugal’, economical, conserving. A frugal person practices how to wisely spend money.