ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

How Do I Save Up To 500 Dollars Or More In A Month

Updated on January 20, 2012

Saving Money Is Easy

Do you wish you could save a little more money each month? If so, you should be looking to make the simple cuts that could save you some big money. Things like your cable bill, eating habits and cell phone usage are some things you can cut right away. Where else can you trim? Read some more to find out.

Easy Cuts

The first thing you need to do is look at your budget and find out where you can cut from it. There are a million little things that you pay for that you do not need, or may not even use. Among these things are:

Gym Membership

Instead of going to the gym, and paying 50 dollars for a service you might not use, why not just get some dumbbells? Save yourself 50 bucks a month and buy something you might actually use to accomplish the same purpose.

Eating Habits

Don't go out more than once a week, if that. Instead, learn to cook your own food and save money that way. Why pay 5 dollars for a drink when you can buy it cheaper at the store, or 10 dollars for some chicken when you can buy a whole weeks worth of food for 10 dollars at the grocery store.

Cell Phone

Do you actually use your data plan? If not, downgrade to a smaller data plan, or just use a regular phone. If you don't text, or you have an app for texts, you can get rid of your texting plan. That can save you at least 20 dollars a month.

If you want some more great ideas to cut some fat out of your budget, you can find great ideas and suggestions here.

Long Term Cuts

Not all cuts are easy, and not all cuts are going to pay off right away. However, that doesn't mean a long term savings has to be hard on you. Here are some costs you can cut for the long run, but you don't have to work hard for. Some options include:

Credit Card Balance Transfer

Save a lot of money on your credit cards by going to a lower interest credit card. Your monthly payment could be cut by 10 percent or more each month.

Refinance A Loan

Take out a second mortgage, or redo your auto loan. This can save you money on interest costs, or you can stretch out the payments on your loan and make your payment lower.

Make A Savings Plan

Deposit a few dollars a week into your savings account, or into an investment plan. This will grow your income long term and allow you to save money as well. Saving 125 dollars a week will save you 500 bucks a month that can go into your bank account right away.

No Two Savings Plans Are Alike

As the above shows, there are different was to save money each month. Whether you decide to cut out spending from your budget, or save more of the money you bring in, there are great ways to save money without having to go to great lengths to do so.

Different people will have different savings needs and financial resources available to them. It might not be possible to save money each week, nor might it be possible to cut back on bills. However you decide to save money, you should be focused on just going ahead and doing so.

The best course of action is to take actions that can be sustained over the long term, even if the savings is realized up front. If you can save 500 dollars a month for 12 months, it will help your savings level and add up to 6000 dollars saved in a single year.



    0 of 8192 characters used
    Post Comment

    • azarmyguy1981 profile image

      azarmyguy1981 6 years ago from Phoenix, Arizona

      Loved your ideas! I know from previous employment in the banking sector you have to be careful with credit card balance transfers; some of them have time limits and then the interest rate on the balance transfer jumps really high!


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: ""

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. (Privacy Policy)
    CloudflareThis is used to quickly and efficiently deliver files such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisements has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)