15 Tips to Save Your Way to $1 Million

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12. Don’t Waste Food

25% of America’s groceries are tossed into landfills. This is literally money that is being thrown away. Search your fridge once a week for produce that is soon to expire, and do the same monthly check of your freezer and pantry. Then, plan a few meals that will use up the items instead of letting them become garbage. If you need recipe inspiration check BigOven and Supercook.

You can also cut down your grocery bill by buying produce that’s in season. By checking seasonal calendars, you can save between 40% – 60% on produce.

13. Downsize Your Home Before You Retire

There’s no need to embrace the tiny house trend, but it could be time to downsize if you find yourself with a lot of space. Implementing this change could mean no more mortgage, or a much smaller one, along with smaller utilities and less upkeep. Instead, you can peddle all of these savings into your retirement fund.

14. Ditch Memberships You Don’t Use

Many of us get lured in by free trial periods and get caught out by monthly fees. If this sounds like you, it’s time to check all of your monthly outgoings and see which memberships you can ditch. Luckily, there is a free service that can do this for you – an app called Trim.

Trim figures out your recurring monthly charges and you can use the app to drop the ones you don’t use and keep the ones that you do. By dropping two monthly services you could saves hundreds of dollars. So, when was the last time you used that expensive gym membership?

15. Avoid Cellphone Overage Charges

If you are going over your limit on mobile data, at the end of the month your phone bill isn’t going to be cheap. For every gigabyte of data that breaches your limit, you can expect to pay $15. So, instead of going over your limit every month find a plan that works better for you.

If you don’t want to upgrade you can use a cell phone usage tracker tool instead. There are apps like My Data Manager you can use, that will send you alerts when you come close to running out. Once you receive one of these alerts turn off your mobile data and just use Wi-Fi instead.