Benjamin Franklin said it best, “A penny saved is a penny earned.” But with inflation, a penny doesn’t go near as far as it used to. Of course it would be awesome if you could save a grand from your expenses each month and maybe for some it is possible. But even if you can’t manage to save up $1000 in a month, freeing up some cash flow can go a long way toward easing the strain on a tight budget. So here are 5 easy ways to save money that can get you started on the right foot.
1. Stop Making Car Payments
The average car payment is roughly $450-500 so not having a car payment can save you quite a bit each month. Maybe you are within 12 months of paying off that car so it might be best to keep it running, drive it for a few
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