Top 10 Ways To Save Money In 2022

Top 10 Ways To Save Money In 2022
Written by Benny Koteeni

Do you want to find out top 10 ways to save money in 2022? let’s get to it.

Have you ever asked yourself why some people are better at managing their finances and you’re not even though you earn more than they do?

The truth is, it’s not really about how much you make, it is more about being intentional in managing, saving, and investing your money. You don’t need to be extremely financially buoyant nor do you need everything to be all perfect before you start saving.

Times right now are rough, things are getting tougher and prices are climbing more on the high side for you to not be caught unawares by financial instability, you need to debunk the thought that there will always be a right time to save. Spoiler alert! The right time will never show up because the right time is now.

The good part is that there are plenty of ways that you can save money but in this article, we will be listing out 10 insanely easy ways to save money now and even beyond.

First, let’s tackle some of the reasons why it seems impossible to save money. You need to take note of these reasons, trust me.

Reason Why You Cannot Save

Top 10 Ways To Save Money In 2022

Having No Financial Goals

When you don’t have any financial plans or goals it is very easy for you to jump at any financial commitment even when it is not necessary.

Inability To Prioritize Needs

Prioritizing your need helps you know what needs to attend to immediately and those that can be attended to later. When you don’t prioritize you find yourself using up your money just trying to settle needs and not saving in the end.

Living Beyond Your Earnings

Lots of people find themselves in this category. This is detrimental to any financial status and if not careful one can incur debts way beyond his/her financial capacity.

Not Seeing The Need To Save

As funny as this sounds, this is the situation many people find themselves in. They believe money is supposed to be spent. In as much as this is a bit correct, there should always be a reservoir that can suffice in time of need.

These reasons have been carefully listed out and explained for you to identify the areas you need to deal with in order to be able to save money with ease.

The aim of this article is to change your mindset and habit toward saving money and to make it much more fun and easy.

You’re going to enjoy reading this but first, let’s give a rundown on the top 10 ways to save money.

Top 10 Ways To Save Money

Top 10 Ways To Save Money

● Change your Mindset about saving
● Be honest about your bad habits toward saving
● Take note of your expenses and record them
● Make a budget
● Include savings in your budget
● Automate your savings with an app
● Cancel Unnecessary membership and subscription
● Do a list of what you need and what you want
● Set saving goals
● Seek a financial advisor if necessary

1. Change Your Mindset About Saving Money

I know you think putting money aside without spending it is difficult, trust me it is much easier than you think.

All you need to do is to make up your mind and if possible save towards a particular goal. You can start with simple achievable goals that don’t cost much and over time you will derive joy in being able to achieve your financial goals without breaking the bank or sweating.

2. Be Honest About Your Bad Habits Toward Saving

Sometimes all it takes to be able to save is accepting that you’re not so great at saving. The moment you realize this it will help you be more aware of possible habits that hinder you from saving and consciously do away with them.

3. Take Note Of Your Expenses and Record Them

This is one major step to start saving money. It is only when you are aware of your expenses that you can easily identify the areas where you need to cut down on spending.

Recording your expenses boils down to everything you spend on including groceries, monthly subscriptions and membership, monthly bills, tips, and so on.

To achieve this, you can make use of free online spending trackers, jotters, easy spreadsheets, etc, and organize them in various categories either alphabetically or numerically for you to trace them easily.

4. Make A Budget

Budgeting is like being on a diet, honestly, it sucks sometimes but it will not only help you plan your spending, it will also help you know when you have exceeded your spending limit.

This does not necessarily mean limiting yourself and spending only on essentials, it means properly allocating your money in a way that makes sense for you.

5 easy steps to make a budget are;

● Calculating your monthly income
● Track your spending also known as recording your expenses as listed above
● Prioritizing your needs
● Set spending limits
● Drawing an expenditure plan for those needs also known as designing your budget

5. Include Saving In Your Budget

Your budget shows what your expenses are in relation to your earnings. When creating your monthly budget don’t hesitate to include savings, also factor in an amount that feels comfortable to you at the initial stage. Over time you can increase the amount as you please.

6. Automate Your Saving App

There are many saving apps that make it easy to save. These apps are designed to deduct an amount of money at a stipulated time on your behalf so that you are saving money without struggling.

7. Cancel Unnecessary Subscription and Membership

For you to be an effective saver, this might hurt but you need to cancel all unnecessary subscriptions and memberships.

It is possible that you must have signed up for some services during their promotional period for free or even a gym membership that you no longer use.

Go through your monthly expense statement, identify things you’ve signed up for but are no longer in use, cancel it and put that money in your savings.

You must be smiling ear to ear now. You’re welcome!

8. Make A List Of What You Need and What You Want

Let’s be honest, we all like things that make us appear expensive and glamorous but is it really necessary?

As much as you have been advised to draw a budget plan, you might still be tempted to include expenses that are not necessary. Create a list of what you need and what you want.

Needs are what you can’t do without whereas wants are expenses we can do without like getting an overly expensive dress or jewelry, ordering Pizza ( Yeah! ) buying coffee every morning when you can simply make it at home, etc.

When you create a list, focus on what you need first and if there are any extras left you can either save it or use it to settle your wants as much as it can carry.

9. Set Saving Goals

This was mentioned in the first point where we talked about changing your mindset about saving. For example, you can set a goal to save for a vacation or to get a new gadget or your house rent, and so on. Set the amount you want to save up and why you need to do so.

The need to set goals for saving cannot be overemphasized, having a clear goal for saving will help you stay motivated especially when you begin to see the money you have saved in bulk.

10. Seek A Financial Advisor

If you feel the need to do so please do not hesitate. If you have a bulk of money or you just started seeing more money than you used to, you might get overwhelmed with the numerous saving plans or options.

It is advisable to seek the help of a financial advisor that will help you identify the best saving option depending on your financial goals.


Saving money is not easy as it requires a lot of discipline but the moment you adopt the habit of saving, you will meet your financial goals and achieve a whole lot more than you imagine.

Also find out about how to make over $2000 monthly. Then you should have some funds to spend and save as well.

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