61 Money Saving Tips for the New Year

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Are you looking for money saving tips for the new year? In this post, I’m sharing 61 tips to help you save more money this year!

The new year is here! It’s time to make those new year’s resolutions and a plan to stick with them!

Are you wanting to save more money in the new year? What other finance goals are you making?

Typically, there are some sort of money goals in everyone’s list of new year’s resolutions. Maybe you want to get out of debt, pay off a loan, increase your savings, build an emergency fund, or just do better with your budget.

Use these money saving tips for the new year to help you save more money and reach your goals!

Make a simple budget that is easy to stick to.

Related Post: How to Make a Budget for the New Year + FREE Budget Planner
Use a goal planner to set money goals.

Make goals to save more, pay off debt, and other financial goals.

Related Post: Goal Planning for the New Year + FREE Goal Planner Workbook
Stay home more.

Enjoy your home and avoid impulse purchases. This is such a simple tip that can really help your budget.
Shop secondhand.

Try to buy secondhand for clothes, furniture, cars, and more.
Make a plan to achieve your goals and dreams.

Think about your goals and dreams and make a plan to achieve them. You’ll clearly see what’s important to you.
Try shopping at a different grocery store like Aldi.

Related Post: My Favorite Things to Buy at Aldi
Make cheap meals as much as you can.

Related Post: 12 $2 Per Person Meal Ideas
Pick up a side job.

Find a second job or something you can do at home to make extra money.

Related Post: 20 Ways to Make Money From Home + Earn Extra Cash!
Try meal planning.

Plan your meals for the week ahead so you know exactly what to buy at the grocery.
Try freezer cooking.

Avoid the drive thru by making freezer meals. These are a life saver on busy nights when you don’t have much time to cook.
Make a grocery list and stick to it.
Cut cable.

Try Netflix instead for less than $10/month. We also have been loving YouTube TV.
Decorate your home with things you already have.
Buy meat in bulk and freeze.

Shop mark downs, sales, or find a place to buy meat in bulk to save on grocery costs. Divide the meat into perfect portions for your family and freeze.
DIY as much as you can.

Find DIY home decor ideas and try DIY home improvement projects to save money.
Set up 4 bank accounts.

Set up different bank accounts to organize and manage your money.

Related Post: The 4 Bank Accounts You Need
Set up auto transfers to your savings account.
Use auto pay to pay your bills so you never have a late fee.

Set up a checking account just to pay bills, and have the bills auto drafted from that account. This is also just a sanity saver!
Pay a little extra (or double) on your mortgage payments.

Related Post: 20 Tips to Pay Your Mortgage Off Early
Shop at dollar stores.

Changing where you shop will help you save money with little effort. Dollar Tree has so many great items for just $1.

Related Post: 37 Things You Should Always Buy at Dollar Tree
Pack your lunch everyday.

Change your daily routine to save money. These small changes will add up. Eating a packed lunch can help you save more than $30 a week!
Grow your own vegetables and herbs.

Enjoy eating out of your own garden and save money. This can take quite a bit of time, so it may not be perfect for everyone.
Keep up with your debt and track how much you’ve paid off.

Related Post: FREE Debt Payoff Tracker Printables
Cut coupons only for items you are going to buy anyway.

Coupons are great, but only use them for items you were going to buy anyway. You can get coupons online or in the newspaper.
Switch brands to save money.

A simple switch of brands will help you save money with little effort. Try the store brand.
When shopping online, check for a coupon code or cash back before check out.

Use the honey app, Ibotta, Ebates, or Retail Me Not for this.

Always make sure to use Ibotta and Ebates when shopping to get free cash back! It’s so easy to use!

Sign up for Ibotta here and get $5 when you upload your first receipt!

Sign up for Ebates here and get a free $10 welcome bonus.
Never pay full price.

Try to never pay full price whatever you are buying. Always look for ways to save.
Buy used cars.

Buying used cars is a great way to save money in a big way.
Don’t throw food away.

Only buy what you’re sure you will eat.
Freeze food before it ruins.

If you have food or leftovers you won’t be able to eat, stick them in the freezer for later.
Stay organized.

Try not to lose things. Return items that don’t work. Keep track of bills. Staying organized will help you save money more than you would realize.
Drink water.

It’s free and good for you! This is something I am trying to work at.
Eat almost all your meals at home.

Eating out will wreck your budget quickly. Be determined to eat at home almost every meal.
Plan frugal date nights.

You don’t have to eliminate having fun when you want to save money. Just opt for more frugal fun!
Schedule budget meetings with your spouse.

Just check in from time to time to see how you are doing and how you can improve. Set goals together and work towards your big dreams and goals as a team.

Related Post: How to Make a Budget for the New Year + FREE Budget Planner
Cook from scratch when you can.

Cooking from scratch and avoiding convenience foods will help you save money. Buy basic ingredients and make homemade food.
Avoid the drive thru at all costs.

The drive thru is so convenient, but the small costs can really add up. Pack snacks when you are running errands to avoid temptations.
Don’t go window shopping or browsing.

Find other ways to spend your free time that won’t tempt you to spend money.
Look for markdowns at the grocery store on meat, produce, and bread.

Some grocery stores have mark downs on food that is close to expiring. Look for these deals and plan to eat them right away or freeze for later.
Shop at yard sales.

Yard sales are great for finding things you need at a great deal. I love looking for furniture to fix up.
Do your own home renovations.

Not everyone is skilled in the DIY department, but with a little research you may be able to complete small projects on your own.
Don’t hire anyone to do something you can do yourself.

Mow your own yard, clean your house, paint your nails.
Invite friends over for a movie or game night instead of going out.
Cancel any subscriptions that aren’t necessary.

Related Post: 27 Things To Stop Spending Money On Right Now
Ask for practical gifts.

We love asking for practical gifts for Christmas that we will use and need. People love to get you something you actually need, and it definitely helps your budget!
When debating a purchase, ask yourself if it is a need or a want.

Related Post: 4 Things To Check Before You Make a Purchase
Think about large purchases for a week before you make a decision.
Consider whether you would be able to get your money back if you decide to sell an item you are debating purchasing.
Clean out your home each season and sell what you can.

Related Post: 77 Things to Declutter and Sell to Make Money
Use everything up before you throw it away.
Make a different meal out of leftovers.

Leftovers can be used in a different way to make another meal. Take leftovers for lunch or make a new dinner.
Go for experiences instead of material items.

Use your money to make memories instead of just stacking up material possessions.
Don’t be afraid of hard work.

Saving money, paying off debt, and getting control of your finances is hard work. Don’t be afraid to work hard to become financially successful.
Read books, blogs, and articles to stay inspired and motivated to live frugally.

Related Post: 11 Books to Help You Save Money (And Make Money)
Share with friends that you are wanting to live a more frugal lifestyle.

They may be relieved to hear you want to plan more frugal outings, too.
Find an accountability partner to keep you in check.

Look for a friend or in your spouse to find accountability. Share your goals, dreams, what you are working on, and what areas you can improve in.
Listen to podcasts about frugal living, budgeting, and goal setting.

Hearing other people’s stories about what works for them is motivating and inspiring.

Related Post: 11 Books to Help You Save Money (And Make Money)
Use the cash envelope system.

Try making your budget and putting cash in envelopes for each category. When the cash is gone, you can’t spend any more in that category.
Try to live a simple lifestyle, and don’t try to keep up with the Jones’.

Don’t compare what you have with others. Focus on your own financial success and what is best for you.
Do without if you can’t afford it.

If you can’t afford something right now, do without until you can. Save your money and focus on your big goals.
Remember your big dreams when you get discouraged with frugal living.

You may have to give up little things to get the big things you really want. Focus on those big goals and work towards those.