How to easily save $5K this year

There are many things you can do with $5000. Saving is not an easy task, but with these tips, it’s possible. So let’s dig in and explore  how to save $5000 this year with my 52-week money challenge.

Create A Budget

A budget helps you spend your money and live within your means. It  allows you to create a monthly income surplus and deposit them in your  savings account.

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Increase Your Insurance Deductible

One way to save money is to lower your spending. An easy way to save $5000 this year is to increase your insurance deductibles.

Cancel Your Unused Gym Membership

Why pay membership fees for something you don’t use. So canceling an  unused membership is a useful option to add more money to your saving  basket.

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Cancel Unnecessary Subscription Services

A study reported that you might spend $200+ on monthly subscriptions. Think video streaming, photo editing apps, and more.

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