7. Turn Those Canceled Deposits To Savings
When you finish paying off a loan or cancel a monthly subscription, continue making the same payment but redirect it to your savings account. By maintaining the same commitment, you can build substantial savings without feeling the loss of those canceled expenses.
8. Cancel Subscriptions
Take a critical look at your subscriptions and memberships. If you’re not getting value from them, it’s time to cancel. Let go of pricey gym memberships or unused subscriptions that are draining your wallet. Save that money instead and put it towards your financial goals.