It’s Not Too Late To Save $700 This Year

Head into 2024 with more cash every month.

Ah, new year’s resolutions. Everyone ends up setting a few, and the topic of saving more money inevitably is one of the most popular, especially after the holiday spending madness. But how can you actually keep those well-intended resolutions?

We’ve laid out some easy, tangible money-saving hacks that will actually save you new money all through 2024. Pick one (or a few!) and see the cash start piling up.

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1. New Year Money-Saving Challenge

This is an easy concept to utilize for the new year to start saving more money. On January 1st, you’ll put a penny into a jar. January second, 2 cents, and so on. It’s a very doable money-saving trick—December 31 will only have you put away $3.66, which isn’t a huge amount. By the end of the year, you’ll be looking at an extra $671.61!

2. Start A Budget

I know, I know. This is one of the most boring resolutions to set, but it’s definitely one of the most practical. Creating a monthly budget will help you see how much money you actually spend every month and where you can cut out any excess. There are plenty of free online tools to help you create the perfect budget—just make sure you actually stick to it.

3. Plan Your Traveling Early

It’s always fun having something to look forward to, so if you’re already thinking about spring break 2024, now is the time to start saving. Putting away smaller amounts early will help in the long run since you aren’t taking out one big chunk of change at once. January is also a great time to start booking flights and hotels, too.

4. Utilize Discount Codes

While you’re probably always looking for a discount when you go shopping, make it a goal to be really intentional about it this year. With plenty of plugins and apps like Honey around, it’s never been easier to save money. And don’t forget to use Student Beans to save even more!

5. Start A Side Hustle

If you have the time, starting a side hustle is a great way to pad out your income a little bit every month. The benefit of a side hustle as opposed to a part-time job is that you have more flexibility with your hours. You can commit as much (or as little) as you want. So go ahead and open that online shop and start making some $$$!

6. Cook At Home More

Eating out is a huge expense, so why not try cooking at home more in the new year? You can still go out for a meal on those special occasions (or when you’re just feeling extra drained), but make it the exception, not the rule. You’ll be amazed at how much money you’ll save.

Get serious about saving money when you use Student Beans

Really looking to pad out your bank account? Find out how you can make $10,000 by watching the Super Bowl!