3 little-known ways to save money in March 2024

Are you feeling confident about your personal finances these days? only To cover your bills, it’s a good idea to try to save every month. But if you’re currently spending most of your paycheck, you might think you won’t be able to save much in March. However, these measures can result in a stronger savings account balance by the end of the month.

1. Perform service and subscription audits

Do you know how much services and subscriptions you are currently paying for? maybe. A recent Motley Fool study found that 47% of respondents spend more than $30 a month on video streaming services. And 46% of respondents subscribe to more video streaming services now than they did a year ago.

If you’re currently spending $35 on a streaming service you don’t really use, why not cancel ASAP and avoid losing that money this month? And while you’re at it, cancel your subscriptions to online magazines you don’t actually read and that box of dog toys you subscribe to every month. Perhaps your pup will be happy with the following: just one box (uh, destroy) to play with.

2. Shop for your own food instead of using meal kits

Meal kits are often touted as a cheaper alternative to restaurants or takeout. And that might be true. However, it can still be much cheaper to buy groceries directly. This is especially true if you frequent discount grocery stores like Aldi or shop at stores like Sam’s Club or Costco to strategically purchase bulk groceries.

Now you’ll love the convenience of having your meal kit delivered to you with all the ingredients you need in a single box. But its convenience can be easily imitated.

Find some basic recipes for the week online, create a concise shopping list, and stick to it. If you want to save time without going to the store, order ingredients to be delivered. Even if you pay an additional fee, it can still be cheaper than using a meal kit.

3. Rethink your kids’ spring activities

In the coming weeks, you may be asked to enroll your child in a variety of spring sports and activities. But if you don’t say yes to every request, you can save a lot of money.

Data shows that youth sports alone cost the average American family nearly $900 annually. ouch. Then maybe you won’t need to sign your kids up for baseball this spring. and soccer and lacrosse. Maybe they can focus on one sport at a time. Doing so can do wonders for your schedule as well as your wallet.

Most months, by the time you’ve paid off all your bills, you may have little money left to save. But you can increase your cash reserves in March by auditing your subscriptions and canceling those you don’t need, ditching meal kits, and limiting the spring activities your kids sign up for.

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