22 Money Saving Hacks You Need

money-saving hacks

Welcome to a world where saving money isn’t just a chore but an art form. A place where penny-pinching isn’t about deprivation but rather a means to achieving your financial goals. In this world, we’ll explore the vast array of money-saving hacks to help you stretch your dollars further and achieve financial freedom. Whether it’s finding creative ways to save on everyday expenses, looking for things to stop buying, or discovering new ways to increase your income, we’ve got you covered. So grab your notebook and get ready to learn the tips and tricks that will take your savings game to the next level. Get ready to become a master of money-saving hacks!

The Importance of Money-Saving Hacks

Money-saving hacks are crucial for anyone looking to improve their financial situation. These hacks are techniques, strategies, or tips that can help you save money creatively, often by reducing expenses or increasing your income. Here are some reasons why money-saving hacks are so important:

  1. Achieving financial goals: Whether it’s buying a home, starting a business, or saving for retirement, financial goals require money. Money-saving hacks can help you reach these goals faster by reducing unnecessary expenses and increasing your savings.

  2. Improving financial stability: Saving money can help you build an emergency fund, which provides a safety net in case of unexpected expenses or income loss. This can improve your financial stability and reduce financial stress.

  3. Reducing debt: Money-saving hacks can also help you pay off debt faster. By reducing expenses and increasing your income, you can allocate more money towards paying off debt, which can help you become debt-free sooner.

  4. Increasing wealth: By saving money, you can invest in assets that generate passive income, such as stocks, real estate, or businesses. Over time, these investments can grow and increase your wealth.

  5. Developing financial literacy: Money-saving hacks can also help you develop financial literacy. By learning about personal finance and applying money-saving strategies, you can become more knowledgeable about money management and make better financial decisions.

I think budgeting needs to be taught at a much younger age so that a person has time to grasp it before it becomes necessary in life. It would have helped me in my earlier adult years more than many other things I learned in middle school and high school. I`ve met many people in my life who don`t have or follow a budget, and I think every individual knows best for themselves. Personally, I do budget things, and I do follow a budget regularly. I`m very disciplined and strict with money, but I`ve also been paying for my younger adult spending mishaps for quite some time.
Throughout life, there have been many times when my husband and I need to `tighten up our budget` as I call it, simply meaning not to spend any more than needed. Needs, of course, change, but during the times when we`re looking to cut back on expenses, our needs shift. We start meal planning to save on groceries and buy ONLY what we need when grocery shopping. Having a plan/list BEFORE you grocery shop can save you a lot of money, and it takes a lot of the `guesswork` out of the shopping. Meal planning can definitely take up a chunk of your time, and I have heard that this is why many don`t do it, but if you CAN find the time, meal planning is usually very beneficial.

Teaching Money-Saving Hacks Younger

Teaching money-saving hacks at a young age can significantly impact a person’s financial well-being in the long run. Here are some potential benefits of teaching money-saving hacks to children and teenagers:

  1. Building good financial habits: By learning about money-saving strategies at a young age, children and teenagers can develop good financial habits that can last a lifetime. These habits can include budgeting, saving, and investing, which can help them achieve their financial goals and build wealth over time.

  2. Reducing financial stress: Learning how to save money can help children and teenagers avoid financial stress in the future. By developing a habit of saving and being mindful of expenses, they can avoid falling into debt or struggling to make ends meet.

  3. Increasing financial literacy: Teaching money-saving hacks can also increase financial literacy among younger generations. This can help them understand important concepts such as interest rates, credit scores, and taxes, which can be essential for making informed financial decisions.

  4. Providing a head start: By learning about money-saving hacks at a young age, children and teenagers can get a head start on building their financial future. This can include saving for college, starting a business, or investing in assets that generate passive income.

  5. Encouraging responsible behavior: Learning how to save money can also encourage responsible behavior in other areas of life. By teaching children and teenagers the importance of being mindful of expenses and setting financial goals, they can develop a sense of responsibility and discipline that can benefit them in other areas of life as well.

Money-Saving Hacks To Consider:

  1. Examine your phone bill and notice what you’re actually paying for. This can be a great way to save money. In the past, I have found charges that didn`t make sense and didn`t belong there. I also found things I was being charged for that I did not need. For example, extensive long-distance plans, internet usage, etc.) Understanding exactly what you are paying for can be eye-opening and help you see where to save money. This is a great money-saving hack to ponder!

 2. Cable is another area that you can change/cancel to save money. This money-saving hack can save you a ton! And, with all the streaming services available for a significantly lower price than traditional cable, why not plunge into the no-cable life?

Canceling cable is a popular money-saving hack that can help you save significant money each year. Here are some reasons why canceling cable can be an effective money-saving strategy:

  • Lower monthly bills: Cable bills can be expensive, especially when you factor in the cost of premium channels and add-ons. Canceling cable can significantly lower your monthly bills, freeing up more money for other expenses or savings. Hello, money-saving hacks that actually save you money!

  • Access to streaming services: With the rise of streaming services like Netflix, Hulu, and Amazon Prime Video, you can still enjoy your favorite TV shows and movies without a cable subscription. These services are often much cheaper than cable and offer a wider range of content.

  • More control over what you watch: With cable, you’re often limited to the channels and programming offered by your provider. With streaming services, you have more control over what you watch and can choose from a wider range of options.

  • Flexibility: With streaming services, you can watch your favorite shows and movies on multiple devices, including your phone, tablet, or smart TV. This gives you more flexibility and convenience than traditional cable TV.

  • No contracts or equipment fees: Many cable providers require you to sign a contract and charge fees for equipment such as cable boxes and remote controls. With streaming services, there are no contracts or equipment fees, making it a more affordable and flexible option.

You can look into different plans and service providers or cut it out of your budget completely.

money saving hacks

3. Downgrade your internet plan. Internet is something that I do find would be difficult to live without, but the cost of it is ASTOUNDING. When we have to save some money, we down-graded our plan, but then, of course, our wireless devices slow down, so that is one we try not to do.

4. Another area to save money in is hydro/heat. Making it a habit to turn lights off that you don`t need on and unplugging appliances when they are not being used are simple ways to cut costs. You can also lower your thermostat even just 1-2 degrees and use an extra blanket to see a difference in your heating costs.

Reducing electric costs during the winter can be a challenge, but there are several steps you can take to help lower your electricity bills. Here are some tips:

  • Lower your thermostat: Lowering your thermostat by just a few degrees can significantly reduce your heating costs. Aim for a temperature of around 68°F during the day and lower it further at night or when you’re away from home.

  • Use a programmable thermostat: A programmable thermostat can help you save money by automatically adjusting the temperature based on your schedule. Set it to lower the temperature when you’re sleeping or away from home, and raise it when you’re awake and at home.

  • Seal air leaks: Air leaks around doors, windows, and other areas can allow cold air to enter your home, causing your heating system to work harder. Seal these leaks with weather stripping or caulking to keep your home warmer and more energy-efficient.

  • Use natural sunlight: Open curtains and blinds during the day to let in natural sunlight, which can help warm your home and reduce the need for artificial lighting.

  • Use a space heater: If you spend most of your time in one room, consider using a space heater instead of heating the entire house. Just be sure to follow safety guidelines and never leave a space heater unattended.

  • Insulate your home: Insulating your home can help prevent heat from escaping, keeping your home warmer and reducing your heating costs.

 5. Collect rainwater from eavestroughs to use to water your lawn and gardens. 

Collecting rainwater to water your garden can reduce water bills and conserve resources. Here are some tips for collecting and using rainwater:

  • Set up a rain barrel: A rain barrel is a large container that collects rainwater from your roof. You can buy pre-made rain barrels or make your own with a large plastic or metal container. (I recommend this rain barrel.)

  • Position the rain barrel under a downspout: To collect the most rainwater, position the rain barrel under a downspout that carries water from your roof.

  • Use a screen to filter debris: Use a screen to cover the top of your rain barrel to prevent debris and insects from getting inside. (I found a rain barrel screen for you guys. Click the screen word to visit.)

  • Use the collected rainwater to water your garden: Use a watering can or hose to water your plants with the collected rainwater. The water collected from rain barrels is typically free of chemicals and minerals found in tap water, which can benefit plants.

  • Be mindful of rainfall patterns: Depending on where you live, rainfall patterns may be inconsistent. Be mindful of the weather and adjust your watering schedule accordingly.

  • Cover your rain barrel during dry spells: Covering your rain barrel during dry spells can prevent evaporation and keep your stored water clean.

Doing this can save you money on your water bill.

6.  Cover your windows and check your door cracks for drafts. Doing this can help keep the warm air inside, saving you on heating costs.

Eliminating air drafts in a home is important in improving energy efficiency and reducing energy costs. Here are some reasons why:

  • Improved comfort: Drafts can make a home feel uncomfortable and cold, even when the heating system runs. Eliminating drafts can help maintain a consistent temperature throughout the home, making it more comfortable to live in.

  • Reduced energy costs: Drafts can allow warm air to escape from a home, so the heating system must work harder to maintain a comfortable temperature. Eliminating drafts can help reduce energy costs by allowing the heating system to work more efficiently.

  • Improved indoor air quality: Drafts can allow outdoor air to enter a home, bringing with it allergens, pollutants, and other contaminants.

7. Shop around for insurance to find the best rate.

8. Borrow books, movies, and music from the library instead of buying them.

9. Use public transportation or carpool instead of driving alone to save on gas and maintenance costs. (Unfortunately, this money-saving hack isn’t ideal for everyone. Personally, where we live, there isn’t even public transportation!) Public transportation or carpooling can offer several benefits for individuals and the environment. One of the most significant advantages is that it can help reduce traffic congestion and air pollution, improving overall air quality and reducing transportation’s carbon footprint. Additionally, public transportation can save individuals money on fuel, maintenance, and parking costs, while carpooling can reduce fuel expenses and vehicle wear and tear. By sharing rides, individuals can also reduce their stress levels, as they are not solely responsible for driving. Finally, using public transportation or carpooling can provide opportunities for socialization, networking, and meeting new people, making the commute more enjoyable and fulfilling.

10. Buy in bulk for items you use frequently

11. Cut back on alcohol and dining out to save money.

12. Use cashback apps like Ibotta or Rakuten when making purchases. 

Here is a list of popular cashback apps:

  • Ibotta
  • Rakuten (formerly Ebates)
  • Honey
  • Fetch Rewards
  • Dosh
  • Swagbucks
  • Shopkick
  • Drop
  • Receipt Hog
  • TopCashback
  • Checkout 51
  • BeFrugal
  • MyPoints
  • ShopAtHome.

13. Buy IN-SEASON produce is another way to save on groceries. When you buy IN-SEASON, they tend to be less expensive. In Canada, in-season produce in October includes cranberries, apples, pears, cabbage, carrots, cauliflower, pumpkin, potatoes, and much more. Buying in-season produce means purchasing fruits and vegetables currently being harvested and readily available at local markets and grocery stores. When produce is in season, it is typically fresher, more flavorful, and less expensive than when it is out of season and has to be imported from other regions or countries. This is because in-season produce requires less transportation and storage time and is usually produced in larger quantities, making it easier for farmers to sell it at a lower cost. Buying in-season produce not only supports local farmers but also helps to reduce the carbon footprint associated with food transportation. Additionally, in-season produce is often more nutritious since it can ripen naturally and is typically harvested at the peak of its nutritional value.

14. Checking your account statement for automatic debits can be a great way to understand where your money is going.

Doing this can help you narrow doing which expenses can be eliminated. For example, magazine subscriptions, gym memberships, box subscriptions, etc.

15. Look at your bank account and what type you have.

If you are paying for depositing cheques every month, which is not a feature you need, then maybe look into changing account types. From my experience some account packages charge for e-transfers, deposits, withdrawals, etc. Ensure you aren`t paying for a whole bunch of features you never use.

16. Be cautious of all the extra coffees you purchase as well. All those small expenses add up, and they can lead to a total that is very surprising.

17. Couponing. Though I`ve never gotten into couponing, I`ve read and heard that many people save a ton of money doing this. It`s been on my list of things to learn for a long time. 

Here’s a list of where to find coupons:

  • Newspapers and magazines: Check your local newspaper and popular magazines for coupon inserts.

  • Online coupon websites: There are many websites that offer free printable coupons and digital coupon codes, such as, RetailMeNot, and SmartSource.

  • Store websites and apps: Many stores have their own websites and apps where you can find exclusive coupons and promotions.

  • Social media: Follow your favorite brands and stores on social media platforms like Facebook, Twitter, and Instagram to find out about their latest deals and promotions.

  • Coupon books: Look for coupon books available for purchase at your local grocery store or online.

  • Manufacturer websites: Visit the websites of your favorite brands to see if they offer any printable coupons or exclusive promotions.

  • Loyalty programs: Join loyalty programs at your favorite stores to receive exclusive coupons and discounts.

  • In-store flyers: Look for coupons in weekly store flyers or in-store advertisements.

  • Cashback apps: Use cashback apps like Ibotta, Rakuten, and Checkout 51 to save money on groceries, clothing, and other everyday purchases.

  • Email newsletters: Sign up for email newsletters from your favorite brands and stores to receive exclusive coupons and promotions directly in your inbox.


18. Shopping second-hand can save you money too. Shopping second-hand is a great way to save money on clothing, furniture, and other household items. One of the best money-saving hacks for shopping second-hand is to be patient and persistent. Don’t expect to find exactly what you’re looking for on your first trip to the thrift store or consignment shop. Instead, visit these stores regularly to browse their changing inventory and be open to unexpected finds. Additionally, try to shop out of season or during sales to get even better deals. Finally, consider trading or swapping items with friends or participating in online marketplaces to get gently used items for free or at a lower cost. By implementing these money-saving hacks, you can enjoy the thrill of finding a great bargain while keeping your budget intact. You can often find clothes, toys, books, etc. This is better for your wallet and for the world.

19. Take advantage of free entertainment options like parks and museums.

20. Buy generic instead of brand-name products.

21. Shop for groceries with a list and avoid impulse purchases.

22. Use online price comparison tools to find the best deals.


Making money is hard, and keeping it is even harder. Life costs a lot of money, and there are so many hidden expenses that we forget about. and it constantly feels like you can`t get ahead, or at least that`s how it feels for me. I`ve made plenty of mistakes, and I`ve learned so much. These are just a few tips I`ve picked up along the way. What are your best money-saving hacks?

Love always, natasha



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  1. Minifoxychicky

    Great tips, buying second hand is great for the wallet, the environment and you can get some awesome bargains. Hubby and I recently got our kitchen hand, saved us hundreds.

  2. Jess

    Great tips! I always try to buy in season & secondhand for budgeting and then the environment too! x

  3. Beth Gray

    Great reminder of all the little ways that money “leaks”… and how to stop the leaks!

  4. Rosie

    It sounds silly but not buying lunch and prepping everything at home is such a good and simple way of saving money!
    Great tips!

    1. admin

      Definitely!! Thanks for stopping in!!?


    Good advice!

    1. admin

      Thanks! Thanks for reading and commenting ?

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