How to save money at home.

Record your expenses.

The first step to start saving money is to figure out how much you spend. Keep track of all your expenses—that means every coffee, household item and cash tip.Once you have your data, organize the numbers by categories, such as gas, groceries and mortgage, and total each amount. Use your credit card and bank statements to make sure you’re accurate—and don’t forget any.



Budget for savings.

as much as you’d like, it might be time to cut back. Identify non essentials that you can spend less on, such as entertainment and dining out. Look for ways to save on your fixed monthly expenses like television and your cell phone, too.Here are some ideas for trimming everyday expenses:Use resources such as community event listings to find free or low-cost events to reduce entertainment spending.Cancel subscriptions and memberships you don’t use—especially if they renew automatically.

Find ways you can cut your spending.

Commit to eating out only once a month and trying places that fall into the “cheap eats” category.Give yourself a “cooling off period”: When tempted by a nonessential purchase, wait a few days. You may be glad you passed—or ready to save up for it.

Decide on your priorities.


Pick the right tools.
