A study showed that in 2022, 61% of Americans live paycheck to paycheck. The two fundamental ways to get out of the paycheck to paycheck cycle is to make more money and spend less money.
Saving money is a vital function of having healthy financial picture. This starts with paying down high interest debt, such as your credit cards.
Having cash available prevents you from having to swipe your credit card for unexpected expenses.
An emergency fund is a place that you store extra money for unplanned expenses. Emergency funds are generally best kept in a high-interest savings account, which are often found at online banks.
Clean Cut Finance has many resources to teach you how to save money better. This, in turn, will get you to your financial goals quicker and more effectively.
You might want to buy a house, pay off debt, travel, or simply retire more comfortably and at a younger age.
Here are our top articles about saving money.
Saving Money on Everyday Expenses
- 80 Cheap Foods To Buy To Save On Groceries
- Top Tips for Lowering Your Electric Bill
- 12 Cheap Ways to Heat Your Home and Lower Your Heating Bill
- 44 Ways To Lower Monthly Expenses and Save Money
- 16 Simple Ways to Save Money on a Hotel Room
- 8 Ways to Save Money for Travel
Strategies for Saving Money
- 13 Strategies to Help You Stop Living Paycheck to Paycheck
- 10 Ways To Save $10,000 In A Year
- How To Save $1,000 For An Emergency Fund
- 14 Effective Ways To Live Below Your Means
- 19 Good Money Habits to Make
- 8 Steps to Take When You Have No Savings
- 15 Interesting Ways To Make Saving Money Fun
- 15 Ways To Save Money on a Low Income Fast
- 10 Ways To Save Money When You’re Broke
- 9 Ways To Save for a House Down Payment
- 7 Ways to Save for a House While Renting
Learn More About How To Save Money
- 10 Ways To Stop Impulse Buying
- How To Automate Your Finances to Save Time and Money
- What’s the Difference Between Needs and Wants
- Is Playing the Lottery Worth It?
- 14 Reasons Why Saving Money is Important