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10 Habits to Pick Up to Grow Your Money On a Small Salary

kristinabyas profile picture
Kristina ByasGuest Blogger
August 13, 2016 · 1.8k Views

People say that money doesn't buy happiness, and while that may be true, it does buy a lot of things that people need. People spend money on various items every day, but what they fail to realize is that they should be saving it, too.

Anyone who has ever had a few extra bucks in their pockets knows how easy it is to go out and buy everything that you can. During this time, saving this extra money probably doesn't cross your mind. Saving money is just as important as spending it. Of course, you purchase the things you needs, and maybe things you simply want, but when you do this, you should be thinking of ways to grow your money. This isn't always easy, especially if you are on a small salary, but it is possible.


  1. Plan better. If you know how much money you are going to spend on things like clothes, groceries, and entertainment, then you will be able to save more money. This doesn't necessarily mean that you have to create a budget, but you do want to plan better and be more aware of how much you should and shouldn't be spending.

    Source: US News - Money
  2. Avoid dining out. Every city has a variety of restaurants to choose from when dining out or ordering in. Knowing this, people are very tempted to order food instead of making something at home because it is easier and faster. However, it is not the cheapest option. Save your money and cook at home.
    Related news: 19 Tasty Lunches You Can Make for Under $2

    Source: The Federalist
  3. Use coupons. Whether you are buying clothes, groceries, shoes, and more, it is possible for you to find coupons that will lower the price of these items. Before you make a purchase, you should visit DealsPlus or check local sales papers for coupons.
    Related news: A Beginner's Guide to Stacking Coupons

    Source: DealsPlus
  4. Take advantage of sales. Just because you can't find coupons doesn't mean you won't be able to find sales on the items you need. When planning your shopping trip, remember to look into what sales promotions they may be having and plan to buy what you need then.
     Check out our Back to School Round Up of all the best sales and deals to get you and your students ready for the new year.

    Source: WigWam
  5. Consider getting a second job. If you have a small salary a second job may be a good idea. With this money, you can be sure you'll have the funds to purchase the things you need, but also be able to put money aside every week or month and grow both your savings and the money in your pocket.
    Related news: 8 Work from Home Jobs With an A+ Rating

    Source: Alabama Today
  6. Sell items you don't use. Everyone has items in their home that they don't use. Take a day and gather these items to see if they could have any value to someone else. Your trash could become someone else's treasure and earn you a couple extra bucks.
    Related news: 3 Ways to Buy & Sell Locally That Don't Involve Craigslist

    Source: Essy Page
  7. Go green. Going green can keep a lot of money in your pocket. If you make a few changes, you can see a significant change in the amount of money you spend. For example, changing the type of light bulbs you use or walking or biking to work are easy changes that can allow you to grow your money no matter how big or small your salary is.
    Related news: How to Save the Most Money on Your Daily Commute

    Source: Huffington Post
  8. Kick unnecessary habits. Enjoying a drink every night or smoking a pack a cigarettes every day may seem like a good idea, but when you sit down and take a look at how much you are spending, you may change your mind. You may not have to kick the habit completely, although that would be ideal, but cutting back will definitely benefit you and your pockets.

    Source: No Camels
  9. Pay off your full credit card balance. People often pay the minimum balance on their credits every month. Paying $25 may seem more manageable than paying the full balance, but in the long run, it will cost you more money. Even if you have to make two separate payments, aim to pay off your full balance every month instead of the minimum.

    Source: Credit Sesame
  10. Set goals. Most people who have gotten good at saving are able to set aside quite a bit every month. With you just starting out, you'll want to start small and set a goal that is realistic and attainable. Even if you are only saving $25 a week, it is better than not growing your money at all.

    Source: Chalene Johnson


kristinabyas profile picture
Kristina Byas is a Milwaukee native who has written for Female Intel, Shepherd Express, Scandalous Women and more. She suffers from a severe case of wanderlust and has difficulty purchasing items at full price. You can learn more about her by following her on Twitter: @KristinaByas

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