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Are you trying to save more money each day? Are you sick of living paycheck to paycheck? Living more frugally could be the answer to your problems and learning frugality from other people is a great way to find ways to start saving money. Learn 20 secrets to save money daily you should know.

Why you should save money daily

There are many reasons to save money everyday but I will list just a few below so you know there are more reasons to save money than you think.

I believe you already have some ideas and that is why you are reading this.

But if you are still skeptical about saving money, below are a few reasons you need to save money daily.

  1. Financial independence
  2. To buy a house
  3. For emergencies
  4. Retirement
  5. Vacations
  6. To get out of debt
  7. To have peace of mind
  8. Save for your children’s college
  9. …and many more

These are just a few reasons you should save money everyday. And I’m pretty sure you may have your own special reason for saving money, these ones are just a bit generic.

Everyone have their own particular reason for saving money.

Whatever your reason is for saving money, you clearly understand that it is important to save money everyday and you’re here to learn how to save money daily.

20 ways you can save money daily.

Below are 20 simple ways you can save money daily, use the saved money to get out of debt and live a financially free lifestyle.

Apply these simple tips and notice how light you will start to feel concerning money and your finances.

1. Have a weekly date with your finances

It’s important to look at your financials every week to see how you are spending your money, where to cut back, where you can make some adjustments and where you can cut off completely.

You can do this with your family if you want.

Grand Cardone does this every Sunday with his family.

Now, he is worth 1.2 Billion dollars but that doesn’t mean you can’t do what he does.

In fact, it is looking at your finances like this that will make you improve your financials.

Money is like your girlfriend, If you don’t pay attention to it (she), it (she) will leave you and go to someone who pays better attention to it.

Pay more attention to your money if you don’t want to be without it.

2. Plan out your meals for the week

Remember when you had no idea what you were going to eat for dinner, then you had to go out or order takeout?

This is because you didn’t plan your meal for the week.

Planing your meals throughout the week helps you manage your money and make sure you don’t spend money unnecessarily.

3. Cut out cable

You can now stream your favorite movies for a fraction of the amount you spend on your cable.

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This means you can now stop watching cable TV and do Netflix instead.

You will end up saving more money in the long run.

4. Brew your own coffee

$4 for a cup of coffee? Common now!

I don’t drink coffee but if I do, I know I’m gong to make my own at home.

Maybe it’s because I don’t see any reason buying something outside when I can make it myself.

I was hanging out with a lady friend one day when she said, “Maku, can you buy me a cup of coffee?”

I said, “sure, how much is it?”

She told me the price and I was like, “That amount for one cup of coffee? No!”

She was surprised.

I guess maybe the answer was a bit rash.

But it was at a fancy place and the amount was even more expensive than at Starbucks. My instinct kicked in, money-wise, and I just said, No!

I guess I could do this because I have been very selective of how I spend money and if it’s not adding anything meaningful to my life or making me money, I don’t spend much money on it.

Many people, guys especially, find it hard to say no to beautiful ladies and this has caused them to go broke because of what they think they can get from the lady. You know what I’m talking about fellas.

This inability to say no can make you go broke faster than you think.

5. Cook your own food

You will spend considerably less when you cook your own food than eating outside or ordering takeout.

If you are tight on cash, you can use the money you normally spend on takeout to eat a whole days meal.

That’s extreme saving.

If you can’t cook, invest in a cooking class.

You will save more money in the long run when you start cooking your own meals.

Plus, you can invite your friends to your home to eat for the night out you usually have.

This will save you, and your friends, some money.

6. Stay busy and active

Have you ever experienced this scenario before….?

You have nothing doing all day, you’re bored. You walk to the kitchen, open up the fridge and pick out a snack.

Ten minutes later you are back in the fridge looking for something to eat.

But when you are active and doing something productive, you sometimes even forget to eat.

You also don’t have to spend idle time going through Alibaba or Amazon.

7. Wait three days before you buy

If you feel you REALLY want something. Wait!

Notice I did not say NEED.

This is because your needs are a necessity for living like food, drink, clothes or shelter.

You don’t need that shoe because you have the same shoe in black and you think you need it in red to go with that outfit you bought last week on impulse.

Wait three days before you buy that thing you think you need. And if you still feel like you need that thing, then you probably need it.

But more often than not you won’t feel the urge to buy that thing again.

Sometimes, I actually forget what I wanted to buy in the first place.

Try it, you’ll see that it works.

8. Buy quality instead of quantity

Quality goods last.

It can be counter-intuitive to buy a cheap product because you want to save money when in reality that cheap product is going to cost you in the long run.

This is because a cheap product spoils fast and you will have to fix it over and over and later you will notice you have spent more than you would have if you just got the quality product.

9. Read a book/blog about improving your personal finance

If you are looking to be better at your personal finance, you should invest in personal finance books and blogs.

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There are many financial books out there that are genuine and can help you.

There are many scams out there but if you look well enough, you will find a lot of great personal finance books that will help you manage your finances better.

Below are some of the personal finance books I highly recommend you get;

  1. The Compound Effect by Darren Hardy
  2. Total Money Makeover by Dave Ramsey
  3. I Will Teach You to Be Rich by Ramit Sethi
  4. Master Your Money (Super Bundle)

I have read these books and I believe in them because they have helped me in my financial journey and I think they’ll help you too.

10. Stop trying to keep up with the Joneses

There’s nothing that will eat through your money faster than when you try to have the things you see on other people, especially your neighbors or people you consider to be your “rivals”.

Try to manage your money well and also talk to your family so they know your financial power.

Don’t break the bank to buy that diamond necklace for your lady just because she wants it when you know you can’t afford it.

It’s not worth it.

It’s hard to say no to someone you love but it is more painful to not have the money to get something you really need, like food.

11. Buy home essentials in bulk

It is essential to buy the things you always use at home in bulk.

It will reduce the number of trips you make to the grocery store saving you gas money and stopping you from spending more.

Plus when you buy in bulk you save money because you get discounts on goods you buy in bulk.

What do you use all the time at home, toiletries, canned food or tampons? Buy them in bulk.

12. Walk to save gas

If your place of work is close to your home. Walk it!

It doesn’t have to be a marathon though.

If you think you can walk to your destination without running out of breath, where you might not be able to perform your function, walk.

It saves helps you do two things;

  1. Save you gas money and
  2. Prevent high medical bills because you don’t exercise enough

13. Stash your change

At the end of the day you have a bunch of change in your pocket. Start a change jar and put that money in there.

Once the jar is full, take it to the bank and deposit it in your savings account.

Do this everyday to save money daily.

I know a man who told me that in his college years he always saved the change he has every day.

For instance, he doesn’t spend a dollar bill and below. He saves them and at the end of the semester he had enough to do whatever he wanted to do.

You could start doing that.

Save your small bills and at the end of the month, count what you have and you will notice you have saved up enough money that month without even trying.

14. Carry cash instead of credit cards when shopping

It is harder to spend cash than credit.

This means when you have to take some cash out of your wallet and give to a cashier, you’ll rethink that extra shirt you bought because you liked the color.

But when it comes to spending money through credit cards, it doesn’t feel like you’re spending money at all.

And this can lead you into debt faster than you think.

Start using cash to buy things instead of credit card and this will help you get your debt under control.

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15. Keep your money in large currencies (Carry large bills)

Large bills stops you from making impulse purchases.

Have you ever wanted to buy something small and you looked in your pocket just to find out you only have hundred dollar bills in them?

What did you do?

I usually just walk away.

This technique helps a lot when it comes to making impulse purchases.

What about buying something a little bigger than gum but can still be considered an impulse purchase?

Ask yourself, because you know you will spend all the money as soon as you break that large bill, if it is worth buying that thing.

Pay off debt. Budget like a boss. Reach your financial goals.

If it isn’t, walk.

16. Make a budget

Not having a budget is like walking in the dark without a flashlight. Even though you know where the door is you are bound to hit something.

That’s why you should have a budget that will guide your spending.

Have a weekly budget and a daily budget so you won’t over spend.

When going to the store, write down what you need and how much it will cost you.

Make a list of things you will buy and put their price on the right hand side of the things you want to buy.

Add the sum of all the items you want to buy and that is your budget for that shopping.

If you are disciplined enough, that budget will guide you when shopping and you won’t make any impulse buy.

17. Start a piggy bank

A piggy bank is a money box that is shaped like a pig.

It is mostly used by children and you don’t have to start a piggy bank for yourself if you have children, your savings accounts should serve as your adult piggy bank.

If you still want to start a piggy bank then you can put your small bills and change in there and at the end of the month, take them to the bank and deposit them in your savings account or emergency fund.

18. Go generic where you can

Buy generic goods instead of brands where you can.

I say where you can because there’s usually more trust in branded goods when it comes to some kind of goods.

But buying generic goods can save you a lot of money in the long run. Especially when you are tight on cash at the moment, generic goods can make your money be enough for what you need.

19. Cancel subscriptions you don’t use

There are times we subscribe to things we don’t need because of the perks we get for the initial sign up.

You get the free stuff and you don’t use the subscription again.

Take a look at all your subscriptions and see which ones you don’t use at all, then cancel them because you’re just throwing money away.

20. Learn how to do stuff yourself (DIY more)

Learn to cook your food instead of going out to eat.

Learn to wash your clothes instead of a dry cleaning service.

You can buy a washing machine and that will save you both time and money in the long run.

Also, learn to be handy with tools if you have the time so you will be able to fix anything that breaks around the house.

It is an added advantage to know how to do things yourself so you don’t have to pay a handy man or woman to do it.


Now that you have known how to save money daily, what are you going to do about it. When will you start saving money? I hope it’s today.

Which methods have you been using to save money that wasn’t mentioned above? Let’s hear in the comment section below.

Learn how you can save money daily. Save money everyday, live debt free and start enjoying your life. | Save money | side hustle | make money | debt free | budgeting | maku seun
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Manage Your Money Better

Below are some personal finance books I recommend to help you save more money. They have helped me a lot and I'm sure they'll help you in your journey to financial freedom.

  1. The Compound Effect by Darren Hardy
  2. Total Money Makeover by Dave Ramsey
  3. I Will Teach You to Be Rich by Ramit Sethi
  4. Master Your Money (Super Bundle)
  5. Need an extra $2,500? Get loans up to $5000
  6. Are you in debt? Get free debt consultation and find a solution to your debt
  7. Unshakable: Your financial freedom blueprint
  8. The New Money Masters
  9. Tools to make money in tough economic times

I have read about 5 out of the 7 books and I can boldly say they have helped me handle my finances better. I believe in them because they have helped me in my financial journey and I think they’ll help you too.

Categories: Save Money


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