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You've probably heard common financial advice like keeping a budget and trying not to spend more than you earn. But some other less well-known tips can help you save a lot of money and create a financially healthy life.
Here's what you need to know:
#1 Sometimes you have to spend more to save more
#2 Don't be too restrictive with your budget and don't try to change everything at once
#3 Beware of automatic payment methods by phone, computer, etc
#4 “Freeze” your savings instead of letting them sit in your checking account
#5 Pay attention to even the smallest purchases on your credit card statements
#6 Create a main investment account and another for short and medium term projects
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