How to Save $500 Every Month: Simple Budgeting Tips

Know where your money goes.

Track Spending

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Follow the 50/30/20 rule (needs/wants/savings).

Set a Budget

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Skip dining out, cancel subscriptions.

Cut Unnecessary Expenses

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Freelance, sell unused items, or pick up a side gig.

Increase Income

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Transfer savings automatically every payday.

Automate Savings

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Cook at home and shop smart.

Meal Plan

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Use public transit, carpool, or walk.

Reduce Transportation Costs

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Call providers to lower rates.

Negotiate Bills

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Avoid impulse purchases with a 24-hour rule.

Pause Before Buying

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Find free events, outdoor activities, or library resources.

Enjoy Free Entertainment

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