It can be extremely challenging for some people to save money, whether we are in a pandemic or not. With ongoing company layoffs, less work in general in the service industry and just overall fewer households having disposable income, it can feel impossible to save money. But there are some ways to save a little bit even during this time of uncertainty, here are some ways to save up money.  

Unfollow and Cancel Subscriptions: The thing about following companies you like on Instagram that you are at one point or another going to buy something from them, it’s inevitable. 

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Especially in the case of clothing, you see something you like, their website is conveniently located on their page, and before you can even think about it logically, you have just made an impulse purchase. It happens to the best of us, but if you find that this is really tanking your savings, unfollowing these companies can help you eliminate that need to purchase. 

Record Your Purchases: This is all about keeping yourself accountable and noticing your spending habits.

If you spend money on a coffee every day at around $3 a day that adds up.  By keeping that recorded (whether it’s just notes on your phone or physically writing it down) you can see how much of your money is going to your coffee purchases.

Same can be said for that gym membership you are not really using, or clothing you buy because it’s cute but wont wear because who is wearing anything else than sweatpants these days, or take away food, which is delicious at the moment but can really add up. 

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Make Goals for Yourself: This can be as simple as throwing $5 into a savings account after every paycheque. If you are saving for something or just wanting a security net for the next time job loss is a big part of our economy, then making little goals to save money is how you can achieve that.

Reward yourself every time you put some money into a savings account and give yourself an achievable number to get to by the end of the year, this will make saving your money more satisfying.