5 Easy Ways to Save $100 This Month

5 easy ways to save a hundred bucks this month

Could your emergency fund use a little boost? Use one or more of these 5 easy ways to save $100 this month and give your bank account the shot in the arm it needs.

1. Declutter

You probably have $100 worth of extra stuff just waiting to be turned into cold, hard cash. Walk around your home and pick out two or three things you can get rid of from each room. (Even broken jewelry can net you some cash if it’s gold or silver.) Look in closets and drawers, and anywhere else you may have stashed odds and ends. Don’t worry if none of the items seem to be worth a whole lot. Ten $5 items get you halfway there. Or you may luck out and find a guitar stashed in your closet that you’d forgotten all about, like I did. Pop those on Craigslist and get them sold.

2. Put a hold on it

Chances are you pay for a number of monthly services — things like cable, premium channels, cell service, Netflix, Spotify, satellite radio, the gym, etc. Cancel or put a hold on one or more of them temporarily (say, for a month) to free up some cash. Just be sure to find out whether any fees are involved with canceling or restarting. If you have a contract, this may extend it by a month — but meanwhile you’ll have the money now. Putting a temporary hold on things will also give you a taste of how often (or little) you really use the services. Who knows, you may decide to make it a permanent change.

3. Do the discount dance

Not convinced you can make it without a certain service for a month? At least see what discounts may be available to you. Literally call up your providers and explain that you’re looking to pay less for your ______ service. Then say this, followed by silence: “How can you help me out?”. They’ll probably suggest something that will save you a little money.

If the answer is somehow that they can’t (which is unlikely), then follow up with “Who could I talk to that might be able to?” — and repeat your request to them. We had a service provider swear up and down that there was absolutely nothing they could do about a “standard” fee. Their supervisor said the same thing, repeatedly. But after a silence on our end that seemed to stretch forever, they cut the fee. 10 seconds of silence could save you a lot.

4. Start a buy one, save one program

Unless you’re diligent about tracking your spending, you probably spend more money than you realize. So take advantage of that. Whenever you buy something that isn’t a fixed recurring monthly bill or on your grocery list, put an equal amount into savings. It’ll add up faster than you think, and you might rethink a few purchases in the process.

5. Go earn it

Remember when you were a little kid, and you wanted to make some extra money? You probably did some manual labor, or watched the neighbor’s kids or pets. Well, there’s no reason you can’t do that as an adult.

Of course, as an adult you also have more options. You may be able to put in overtime, substitute teach, or take a temp job that lasts a day or two. Not sure what you could do? Ask your friends and coworkers what they would love to have help with. You can also check out my book, 101 Ways to Make Extra Money in Your Spare Time. In fact, if you want a copy for free, just do at least one of the suggestions listed in this article, email me describing what you did and how it went, and let me know you’d like a copy of the book. I’ll shoot you the PDF version in return.

So what are you waiting for? Get saving :)


  • 4 and 5 are my favorite though I have never tried 4 before. But I like the notion of spending money and saving just as much. Will hold you accountable it you spend 100 you need to save 100. Growing up if I wanted the Jordan 6’s then I better go find a way to pay for them. I think a lot more people should go back to the old way of thinking.

  • I’m a big fan of earning it and cutting expenses that just aren’t worth it. Two-three evenings of babysitting or 5 days of petsitting is a simple way of earning $100.

  • Great tips! One way we save on groceries is that my husband does all the grocery shopping. He sticks to the list 100%! I’m not nearly as good at that. If you have the person who is best at sticking to the list do the shopping, you can really save a lot! Thy it for yourself & see.