Cosmo Money: A 4-Step Easy Guide to Save More Money FAST!

Cosmo gives you a few valuable lessons in how to save money long-term!

Most Popular
Advertisement - Continue Reading Below

1. Differentiate your spending:  A Cosmo girl needs to understand the difference between essential and non- essential spending on her route to saving the greenbucks! For example, your rent and your electricity need to be paid for without fail. Your WiFi connection, on the other hand, is a non-essential expense. Use the Internet connection at work for most of your to-dos. List all your monthly expenditures and label each as essential and non-essential.

Most Popular

2. Rank non-essential expenses: Based on how important each is to you, take a long, hard look at your non-essential spending. For example If you're shelling out megabucks for a yoga class that you rarely find time to attend, cancel it ASAP. Whenever you feel the need for a physical pep-up, go for a walk instead. Get rid of as many expenditures as you can that are unnecessary and that you can actually do without.

3. Learn to be a smart shopper: Your food budget is a perfect place to evaluate when you are looking at saving money fast. Stop eating out every other night and start cooking. Replace expensive olive oil with a good brand of refined oil. Learn to rustle up one dish meals that are healthy and wholesome. Besides groceries, learn to shop smarter all around. Try hitting sales and flea markets for fashionable clothing. Mix and match what you have and come up with unique DIY ideas for your outfits. Don't rate quality by price alone.

4. Cut Your Costs on Essentials:  Once you've trimmed away unnecessary drains on your budget, it's time to check where you can cut corners on the expenses you've held on to. For instance, is there a cheaper cable package than the one you're currently using? Do you pay for both a landline and a cellphone—could you get rid of the landline? Is it possible for you to cut back on your cellphone plan and pay less per month? These tips help you save a sizeable amount every month.

What do you think?

Life
Share
THIS Is How Many Calories You Should Consume In a Day to Lose Weight
Cos starving was never the answer.
apple cider vinegar
Life
Share
10 Apple Cider Vinegar Myths You Should Stop Believing ASAP
Sorry, but a daily spoonful of vinegar will not help with weight loss.
Life
Share
This Part-Funny Part-Scary Video Shows the Difference Between White People Vs the World
Um. Wow.
Life
Share
15 Fascinating Facts You've Never Heard About August-Born Babies
Whether you're an August baby yourself or you're about to have one, these things may surprise you.
Life
Share
6 Daily Hacks That'll Melt Away Your Belly Fat
#3 lets you indulge and lose calories! #lifegoals
Life
Share
Millennials Choose Pizza As Their Favorite Post-Sex Food
Be careful how you eat it, though.
Life
Share
6 'Fattening' Foods That Are Actually Good For You
Here's a list of super healthy foods that can help you lose weight when eaten the right way.
Life
Share
Here's What This Victoria's Secret Model Actually Eats in a Day...
...to make sure she always stays in shape.
Life
Share
Science Says an Ingredient in French Fries Could Actually Burn Fat!
BRB, rushing to the nearest McDonalds.
Life
Share
16 Common Household Items That Could Kill You
You've definitely used at least one today.