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From couponing to meal prep, here are ways Manitobans can save money

From couponing to meal prep, here are ways Manitobans can save money

CTV
Saturday, August 03, 2024 02:29:15 PM UTC

With the cost of living skyrocketing to new heights, it may seem impossible to save money right now.

With the cost of living skyrocketing to new heights, it may seem impossible to save money right now.

However, whether it’s searching for coupons, shopping seasonal produce, or cutting back on takeout, there are some ways you can start bringing in some extra cash and get your finances in order.

Jessica Moorhouse, financial educator and host of the More Money Podcast, said the best way to start saving money is by determining the source of the problem.

She suggests taking a look at your past three to six months of expenses to identify patterns.

Moorhouse also recommends putting everything into a spreadsheet.

“You’ll start seeing some patterns, like ‘Oh wow, I’m going to this coffee shop all the time or I’m doing a lot of online shopping on the weekend. Maybe I need a different activity,’” she said. “So seeing some of those recurring patterns.”

Carrie Hayes, a budgeting and personal finance coach, also suggests getting all your financial details into one spot and taking inventory.

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