You have to crawl before you walk and walk before you’re able to run.
Don’t dismiss the power of baby steps, whether you’re talking about a toddler or your finances.
Small money moves can add up to big savings.
Vow to go small and win big.
But before you dig in your heels and stick with your java jaunts, do the math.
“It sounds cliche but cut back on your daily runs.
Set it and forget it
Make it easy on yourself.
Have a specified amount taken from your paycheck deposited directly into your savings account.
Start with $50 a month and you’ll painlessly save $600 a year.
The following year increase the monthly to whatever is comfortable.
You’ll also save money by automating bill payments.
Rakuten or a credit card rewards program can give 1 to 5% cashback on your average spending.
Hit the pause button
Step back and thinkbefore you make a purchase.
“Do you really need it?
Would you go back to the store for that one thing?
If you would, get it.
Review subscriptions and memberships.
Those costs add up.
Woroch says apps likeTrimhelp you identify and cancel subscriptions you don’t use or want.
Stop wasting food
You know howexpensive a trip to a grocery storeis these days.
But that’s around $3,000 a year wasted that could be sitting in your bank account.
This should be an incentive for you to meal plan and shop with a list and stick to it.
Pay yourself first
This is one thing just about every financial planner will tell you to do.
Think of yourself as a bill.
The takeaway
It’s the little things.
Start small and actionable, and then grow into bigger strategies.”
