The independent student news publication at Kansas State University

Kansas State Collegian

Kansas State Collegian

The independent student news publication at Kansas State University

Kansas State Collegian

New Year, New Savings: How to Save Money in 2024

As we approach the beginning of a new year, it’s normal for us to start thinking about ways we can embrace a fresh start and make some positive changes to our lives. While many of us immediately start thinking about shedding a few pounds or dreaming of hitting certain career goals, it also makes sense to start looking at your financial situation and step into 2024 with a stronger financial foothold than ever before.

In this post, we’ll explore some simple ways you can save yourself some money in 2024. Read on to find out more.

Shop Around For Car Insurance

One of the simplest ways you can save money in 2024 is by taking a closer look at those essentials and shopping around. Of course, we all know that the comparison of car insurance can feel like a bit of a slog, but when you use a reputable site and one that has access to exclusive deals, it makes perfect sense to spend some time reevaluating your monthly premiums.

This is also a good opportunity to see how you could bring down your premiums, either by driving a smaller, less powerful vehicle, parking your vehicle in a garage or well-lit area overnight, or even paying the full cost of your insurance in one go.

Cancel Your Subscriptions

Whether it’s streaming services, magazines, access to online publications, or monthly subscription boxes, we all spend a small fortune each year on these monthly treats. One simple way to cut back on your subscription costs is to reevaluate which one you still use.

Often, we sign up to have access to a particular film or tv series or even a free trial, but when the show is long finished or the free trial has ended, we forget to cancel the subscription. Have a look through which services you no longer need or want.

Buy Used

These days there are always savings to be had, so don’t be afraid to save money by buying used. This could be anything from used tools, baby clothes, and games to books, bikes and clothing, and accessories. If you don’t want to buy second-hand, consider renting or hiring these specific items and searching for the best price.

Keep A Note Of What You Have In The Cupboards

Many of us are familiar with the idea od saving money on food costs by writing lists and sticking to them. But, did you know that you could be purchasing duplicate items and contributing to your yearly food waste by not checking what you already have in the pantry? Whether it’s pasta, a tin of something particular, or herbs and spices needed for a recipe, as you write your shopping list, be sure to rummage through your kitchen cupboards to keep costs down. Keeping a running list of everything and asking family members to add items to the list as they run down is a good way to keep on track.

Final Thoughts…

By implementing these simple cost-saving ideas, you can start 2024 on a stronger financial footing. Which one will you try?

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