10 Ways to Easily Save Thousands (Each One Takes Less Than 30 Minutes)

We want to earn more money. We want to retire at a reasonable age. We want to improve the relationship we have with our money. And we want to find ways to manage our money better and save as much of it as we possibly can.

Good money management practices are often a result of hard work, dedication, and an ongoing commitment to the long-term. But what it boils down to is simply taking initial action.

The best part is that each of these tips only takes anywhere from a few minutes to around half an hour to either start or complete.

1. Review and Compare Auto Insurance Quotes

One of the best ways of doing this was to do a quick Google search to find the best providers and to get a quote from multiple providers one at a time.

A financial plan is one of the best tools you can have available to you. Your plan is like the north star of your current and future financial picture, guiding you through your decision making and showing you the exact next steps you need to be taking.

2. Build a Free Financial Plan

3. Review Your Subscriptions and Memberships The bottom line here is that you really need to consider whether or not you’re getting your money’s worth. There’s a good chance you can find free alternatives that can easily save you another few hundred dollars of your well-earned money.

4. Eliminate Your High-Interest Debts and Loans Create an action plan for paying down your debts and stick to it. This plan will help you stay focused and committed to tackling your debts most effectively and freeing up cash flow so that you have more available cash to save and use in other areas.

An accountability partner also referred to as a success partner, is exactly what it sounds like. A person who’s there to hold you accountable for the decisions and actions in your financial life.

5. Get an Accountability Partner

6. Challenge a Friend to a No-Spend Challenge for 30 days

Keep in mind that it’s next to impossible to avoid spending entirely as you’ll have bills to pay, but pick one or two spending categories and challenge yourself with avoiding spending in those areas.

7. Freeze Your Credit Card(s) for One Month

By freezing your credit cards and keeping them completely out of sight, you’ll be resisting any urge you have of spending compulsively.

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