Frugal Tips from your Apartments on Lady Bird Lake

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Did you set ambitious financial goals for 2018? We want to help residents of our East Riverside apartments be as financially responsible as possible, so we’ve created a list of tips to help y’all out. Whether you’re saving for a vacation in Mexico or you just want to see more digits in your checking account every time you check, the advice in this week’s blog will help you make the most of your money.


In the post below, we’ll be talking about how you can save more and spend less. Short of changing jobs or getting a promotion, it’s pretty hard to increase your income. That means the only way to accumulate more money is to spend less. One of the best ways to spend less is to set aside money right after you get your paycheck, as you’ll see below.


Check out the list of tips, and be sure to share the link to this post with your friends and neighbors at your community of apartments on East Riverside!


Transfer funds from every paycheck


If you’re not already automatically moving some of your paycheck from your checking to your savings, you should start. Once you do that, try to increase the amount you move every month. It doesn’t matter whether you increase the amount by $5 or $50 — all that matters is that you’re slowly increasing the amount you save. Before you know it, you’ll be saving tons of money each month. You won’t be struggling to survive off the leftover money either, because you’ll have increased the amount slowly. When you slowly increase your savings, you’re able to adapt to the changing amount of money that you have leftover each month.


Eat out for a week at work, then do the opposite


Sometimes, you have to jolt yourself into the habit of saving. Way too many people spend way too much money eating out every day at work, but they often do so without realizing how much they're spending. Lunch doesn’t seem expensive when you spend $10 every time you go out, but that can add up quickly. If you want to see how quickly, eat out every day for a week and save all your receipts. Add the money up at the end of the week, and then multiply it by 52 to see just how much money you’ve been wasting. The reality might be harsh, but it could be the wake up call you need.


The next week, make lunch at home every day. You’ll have spent $0 eating out, and you might notice that your credit card bill looks a lot better than it did the week before.  


Use cash more often


Yes, credit cards help you out by giving you cash back on purchases. No, they don’t help you spend less money. You don’t feel the pain of losing money when you swipe a credit card, and that pain is what stops you from overspending. Try to use cash more often this month, and see if that doesn’t help you resist the urge to make impulse purchases.

With that, we’ve reached the end of our list of money-saving tips! We’d like to thank those of you that have been coming back to this page week after week to read the latest blogs. We’ll be back soon with more posts, so go ahead and bookmark this page so you can check it again next month! While you wait for the next blog to go live, you can stay informed about everything happening at your apartments on Lady Bird Lake by following Mesh on social media!

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