Small Resolutions That Could Save You Money

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It’s that time of year again. It’s the time when you assess the past twelve months and think of all the things you’d like to change for the better. If one of those things you’d like to change is your savings account, then you should make these small resolutions this New Year. They could save you lots of money.

Quit Smoking

Do you smoke cigarettes? Your smoking habit is burning a hole in your wallet. If you want to save money, you should make it your goal to quit smoking cigarettes this year — or even better, quit cigarettes forever.

Depending on the extent of your habit, you could save hundreds of dollars by the time the next New Year rolls around. For instance, if you smoke a pack of cigarettes per day, and that pack costs you $6, you could save over $2000 in a year.

Go to the Library

Do you empty your wallet at the bookstore? You can save money by borrowing books from your local library instead. And if you prefer to read e-books or listen to audiobooks, you can also use library apps to borrow them on your connected devices. You can read new books every single week without spending a cent.

Brew Your Coffee

Do you have a habit of buying a cup of coffee every day? Or maybe more than one cup of coffee every day? That habit will add up by the end of the year. Spending only $5 per day on coffee will cost you over $1800 in a year.

You could make a habit of brewing your own coffee at home instead of purchasing to-go cups at your favorite café or drive-thru every day. Leave the to-go coffees for special occasions.

Use Coupons

Stop paying full price for items at the checkout aisle. Start using coupons and discount codes whenever you shop — whether you’re shopping in-person or online.

Cook More

Do you order a lot of takeout? Do you go to restaurants on a regular basis? Then, cooking at home more often is a small resolution you should take on. It will save you money.

If you’re new to cooking and you find the whole process intimidating, don’t worry. You can start with a simple goal like making budget-friendly pasta dishes once or twice a week. As you get more comfortable in the kitchen, you can find more challenging recipes.

What to Do with All of These Savings?

Use these small resolutions to get more savings this year and then put those savings to good use. You could use those savings to pad your budget or fill out an emergency fund. Both of these options could help you manage any surprise expenses that come your way, like a car repair or an urgent trip to the dentist.

Without these extra savings, you might find it difficult to pay for a surprise expense right away. You might have to turn to an alternative payment method, like applying for an online flex loan. Find out what is an online flex loan to see how it could come in handy in an emergency. If you meet the flex loan’s qualifications, you can apply online and wait for the results. You might get approved!

While options like online flex loans are available in emergencies, you should only turn to them as alast resort. Your savings should be your primary safety net.

This year, take on these small resolutions. They’ll help you save big!