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StitcherWe all want to save as fast as we can but fast is relative. For some, it’s going to take months, for others, years. Either way, one isn’t better than the other because life moves differently for us all. Jen and Jill have been there, and now they’re sharing five easy steps to make your version of “fast” feel like the speed of light.
The best way to save money is to spend time making it.
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- Rebate apps, coupons, and cash back programs. Yes, all 3. For just the low investment of 10 hours a week of your time you can save hundreds of dollars a year. But should that not be enough, you could always try not buying as much. If you want an easy place to track your spending try our mobile optimized! It has over 20 tabs, including an Annual Dashboard, 12 Monthly Budget Tabs, Bill Calendar, Savings Goals Tracker, Debt Snowball Tracker, and our favorites the Opportunity Cost Calculator so you can see in real time how small choices impact long-term goals. Check it out and get a code for 30% off.
5 Steps to Saving $10k fast
- Set Your Timeline + Savings Target. Make a realistic savings goal and a clear deadline so you don’t set yourself up for failure.
- Audit & Slash Your Big Expense. Get creative with how you can minimize or cut on the biggest expenses like food, transportation, and housing without depriving yourself of fun.
- Find the leaks in your spending. If you think you’ve cut everything down, try doing a 90-day transaction inventory to be sure.
- Increase Your Income. Try delivery gigs, freelancing, or selling unused stuff. For side hustle ideas, check out Side Hustle Nation, Tim Richard, and Frozen Pennies.
- Automate & Isolate Your Savings. Open a high-yield savings account, automate payday transfers, and stay consistent by knowing your why.
How to LOCK IN with Your Savings
We often think the hardest part is cutting back or downgrading, but Jen shares it’s actually when you’re making progress—then something comes up that forces you to spend what you’ve saved. It’s a tough spot, but she reminds us: your “why” is the foundation that keeps you going.
Nevertheless, don’t push yourself too hard because this is a long game.
What’s one convenience you would skip to save fast?
100% eating out for Jill because she loves food but she will say yes to convenience groceries. While Jen is willing to cut out daycare.
Bill of The Week
Thank you Dana for sharing your bill about 1200 euro compensation for cancelled flight (Eu261)!
Thanks so Much for Listening!
Thanks so much for listening. We love love love reading your kind reviews of our book Buy What You Love Without Going Broke and we especially loved this one from:
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The good advice continues!
I’ve been listening to the podcast for 2 years and I was looking forward to the book. I have enjoyed reading it and like the explanations- like what the radical middle is. Though I don’t understand all the references, since I am much older, I still think this book has much value for each generation.
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