How to Easily Put Money in Savings Each Week

For most of us, in todays economy it is impossible to save any money. Here are some tips that will help you put away a few dollars each week, which over time will provide you with the means for a debt free vacation, a new appliance, pay off some bills or simply provide you with a little cushion in times of need.

Difficulty: Easy

Instructions

Things You'll Need:

• savings account
• store discount cards
• coupons
• online checking account

1. Bottles and cans: If you live in a state where a bottle deposit exists and drink soda, beer, wine or liquor then you have a source for savings. Save up your bottles and cans and return larger amounts at once. When you return them place that amount in your savings account.

2. When you grocery shop use coupons and store discount cards. Take the total amount saved each week and deposit it into your savings account. This can add up very quickly and it's an easy way to save money.
   
   Stop buying the newspaper and start reading it online. I save $20 per month doing this. Deposit that amount in your savings each month.
   
   If you normally buy a coffee each morning on the way to work, try making coffee at home, putting it in a travel mug and save on average $7.50 per week. Place this amount in your savings account each week.
   
   If you normally buy lunch each day at work, bring lunch from home. Sandwiches, soup, salads and leftover casseroles are easy to pack and will save you on average $25. per week.

3. Loose change adds up rapidly. Place a container in a convenient location and each day put your loose change in it. We average around $750 a year.
   
   Do family members give you cash for birthdays, anniversary's and holidays? I deposited $700 this year in savings from these events.
   
   Pay your bills online. We save a book of stamps each month by paying all of our bills including utilities online.
   
   Do you have a lot of items that are still good but you don't need any more? Place them on Craigs List. Listings are free and the cash adds up fast.
   
   Car pool or ride the bus rather than driving your own vehicle. Splitting the cost of gas or paying a bus fare will save you a lot over the course of a year. It also saves wear and maintenance on your vehicle. Place this into savings as well.
   
   Unplug appliances that use a lot of energy that you don't really need. I unplugged a chest freezer and reduced my electric bill by $20 per month which goes into savings.

Tips & Warnings

• Remember, no matter how big or little your deposit to your account is, over time it all adds up.
• Look for things you can trim out of your budget, determine how much you are saving and place that amount in your account.
• These are only a few tips for building your savings account. Every household is different and some of these tips may work for you and some may not. Look for ways within your own household to save at least a little each week without your family having to do without.

[respectfully]

on 10/15/2009 Great article! I did save change to buy my wedding dress. I like saving change, it adds up fast. Thank you for sharing all the ways of saving money each week. 5* recommend

[lighthouse1958]

on 6/23/2009 I couldn't believe i could save so much money by doing just simple like you wrote. my mom saves cans and gets alot of money this way but i didn't realize the other ones. thanks alot for the imformation. I'll try some of them.

[johnrapp]

on 5/19/2009 now there's no reason to say, "If I only knew how to easily put money in savings each week..." 5 stars!

[sonni57]

on 3/30/2009 Good ways to save money in a bad economy.

[hnatalieann]

on 2/25/2009 Great article!! 5*'s