Skip to main content

3 Money-Saving Tips To Get You Through the Pandemic

People have likely sought out money-saving tips since the first iteration of a monetary system in history. Yet thanks to this period of economic uncertainty which has been brought on by the novel coronavirus pandemic, incorporating these money-saving tips into our lives is more important than ever.
Those of us who are living in the United States are certainly getting some much-needed assistance from expanded unemployment benefits as well as the stimulus checks which have been going out for a number of weeks. However, these solutions have their limitations. The extra $600 a week which has been tacked onto unemployment during the COVID crisis expires on July 31st if it is not extended. And while a second stimulus check may be approved during the House’s vote on the Heroes Act, nothing is certain yet.
For the majority of Americans, this economic uncertainty means one thing: we need to be particularly frugal with our money for a while. If you are trying to navigate this economic slowdown but could use some extra money-saving tips, use this guide.

Tip #1: Remove Unnecessary Expenses

This is a pretty intuitive tip, but it’s one that is easier said than done. When it comes down to it, few people are actually willing to sit down and take the time to locate all the expenses that they could cut out.
Forgotten subscriptions are a huge money drain for many people. Yet just a little extra effort can remove these unnecessary expenses for good. These days, there are a variety of subscription management applications that can make this process incredibly easy.
Oftentimes, we can save money where we would least expect to. For example, when you replace the fluid in your compressor, the vast majority of the fluid -- over 99% -- can be used again. Expanding your knowledge of these types of money-saving tips can really add up in the long run.

Tip #2: Increase Your 401k Contributions

This one may sound a bit paradoxical; if we’re trying to save our money, why would we increase the amount that we’re investing? The answer is simple: right now it is an excellent time to buy.
At the first sign of a bear market, many investors run for the hills. This is understandable -- if you know that the market is going to be highly volatile for an extended period of time, you’re going to want to mitigate risk and keep your money out of it for a while. However, this is where that old investing adage, “Buy the dip,” comes into play.
If you are at or near the bottom of the market’s tumble, there is nowhere to go but up. Investors who bought stocks during the 2008/2009 recession enjoyed a decade-long bull run afterwards. All you need to do is take a look at the 10-year chart to see how powerful investing in the midst of an economic downturn can be.

Tip #3: Choose Long-Term Savings

They say you have to spend money to make money -- often, you have to spend money to save money as well. This money-saving tip means that, when you have the choice between a cheap and a more expensive version of a given product, the more expensive one will often end up saving you money.
For example, you can throw a new roof on your house for a comparatively cheap price. However, a well-built, properly ventilated roof can last you over 20 years. If your cheaper roof has issues several times in that same span, you’re going to end up paying more money in the long run.
Even hefty purchases such as buying a 3D printer can end up saving you money. This is because these devices remove the need to buy any object that can be 3D printed. Instead, you just have to buy low-cost spools of 3D printing thread. This technology is constantly improving as well -- models such as the LulzBot 3D printing line can manufacture bridge segments that fit together without the need for any adhesive. While buying a 3D printer is not a common money-saving tip, it is an approach that can be highly effective.
This pandemic won’t last forever. If we stay diligent with our money-saving tips and tricks, we can come out of the crisis with a stable financial position.


  1. This comment has been removed by the author.

  2. It was always really important to find a good resource to make money effectively. I faced with which is a trusted platform if you want to make money fast and easy. On this platform you can get in touch with trusted methods to make money effectively, comparing prices on stocks etc.

  3. Thanks for these tips on how you can save money. I think this is very important, because I get a lot of stress when I know that I don't have savings for a rainy day. Recently a friend of mine advised me to read the reviews on and I thought I might ask them for advice in order to decide what is the best thing to do with the money I managed to save up. I think that professionals in their field will be able to tell me the best solution.


Post a Comment

Popular posts from this blog

Copycat Boston Pizza's Bandera Bread

Have you ever had a craving for something but then once you looked at it you realized, I can make that myself for next to nothing? That's how I felt last night I thought about ordering in some food but then realized I really don't want to spend any money. I really wanted pizza bread from Boston Pizza. So I recreated it and oh my goodness was it ever good. Try some of these great recipes too!  Pizza Bread Dough 1 cup warm water 1 tsp instant yeast 1 tsp sugar 2 cups flour  Seasoning 1 tbsp melted butter 1 tsp garlic powder 1 tsp onion salt 1 tsp parsley 1 tsp rosemary 1 tsp basil 1 tsp oregano 1/2 tsp sugar 1. Combine the water, yeast, and 1 tsp of sugar in the mixing bowl and let stand for 5 minutes. Add the flour and salt and mix until a ball of dough forms. Roll ball onto a floured counter top and knead for a couple minutes.  2. Put dough in an oiled bowl and let rise for 30 mins in a warm place with a clean cloth draped over top. While your doug

Affordable Ways To Make Your Home Look Luxurious

How do they do it? Professional designers seem to pull it off so effortlessly, but how will you make your home look more luxurious? You could just employ a professional or you can personally undertake the task of transforming your home into a place of luxury on a budget. In order to save money on your purchases, be creative and vigilant in your pursuit for the perfect style. Follow our budget-friendly ways for making your home a vision of luxury. Think it through, choose a style Luxury look isn’t enough to go on, so before you start shopping and wasting your money on furniture and decorations you might not even use in the end, first do some research. Go online and do some window shopping and find which style is more to your liking . An elegant Victorian style or something more modern and chic? Don’t get me wrong, you may want to mix and match, but before you commit by buying anything, consider what look you are going for. White is the color of elegance Choosing white as yo

DIY Table Revamp

I wanted to share a little DIY with you guys that involves duct tape! A few months ago my daughter's little chair that goes with her table she sits at every day tore and she made it worse by pulling all of the stuffing out of the seat! What started out as a quick fix turned into a great idea. She loved her seat so much that she has now decided that her table has look cool too so being the smarty pants that she is, she tore her table!