{"id":134490,"date":"2021-08-02T00:00:00","date_gmt":"2021-08-02T00:00:00","guid":{"rendered":"https:\/\/trybeem.com\/blog\/6-easy-ways-to-save-10000-in-a-year\/"},"modified":"2023-11-24T11:25:04","modified_gmt":"2023-11-24T11:25:04","slug":"6-easy-ways-to-save-10000-in-a-year","status":"publish","type":"post","link":"https:\/\/trybeem.com\/blog\/6-easy-ways-to-save-10000-in-a-year\/","title":{"rendered":"6 Easy Ways to Save $10,000 in a Year"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><strong>Know what your $10,000 breaks down to and save every month accordingly.<\/strong><\/li>\n\n\n\n<li><strong>Go over your expenses and see where you can cut down to save every month<\/strong>.<\/li>\n\n\n\n<li><strong>Pick up a side hustle, it can bring $200-$1,100 a month easily.<\/strong><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Saving $10,000 in a year, as lovely as it sounds, is it a possibility?&nbsp;<\/p>\n\n\n\n<p>It is hard but it\u2019s not impossible. Just imagine how $10,000 this year could help you? Sounds dreamy right? So, don&#8217;t dismiss it yet.<\/p>\n\n\n\n<p>Yes, money can\u2019t buy happiness, but it does give you a whole lot of freedom\u2014and $10,000 even more so.<\/p>\n\n\n\n<p>So, what if we told you that with some hard work and financial resiliency, you can save $10,000 in a year? Here are 6 ways to do just that.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Break it down&nbsp;<\/h2>\n\n\n\n<p>Set a plan in motion\u2014do the math. Know what your $10,000 breaks down to and what it looks like. The idea of having cold hard numbers will motivate you to save more money. That way you\u2019re either saving it, or you aren\u2019t\u2014and there\u2019s no in-between. But honestly, it boils down to saving $833 every month.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Save on your bills<\/h2>\n\n\n\n<p>Sit down, go over your expenses and see where you can cut down to save $833 every month.&nbsp;<\/p>\n\n\n\n<p>Now is your time for negotiations. Is there a service on your cell phone bill you\u2019re not using? Are your insurance coverages too much? Are you only paying for what you need?<\/p>\n\n\n\n<p>The biggest expense is usually rent. See if&nbsp;you can get a roommate. <\/p>\n\n\n\n<p>Some other expenses include unnecessary subscriptions. Unsubscribe to services you don\u2019t use, or cut down on multiple subscriptions for the same service.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cook in instead of eating out<\/h2>\n\n\n\n<p>Eat more meals at home, it\u2019s the fastest way to save $10,000 in a year\u2014simple right?<\/p>\n\n\n\n<p>Americans love eating out and people spend thousands a year doing so, but this year resist the urge of eating at a fancy restaurant every week.&nbsp;<\/p>\n\n\n\n<p>If the money factor doesn\u2019t persuade you to cook and eat more at home, think of the calories you\u2019ll be adding to your waistline if you dine out! <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Less entertainment, more savings<\/h2>\n\n\n\n<p>If you\u2019re a social butterfly and you tend to spend a few hundred on outings, brunches, happy hours and more\u2014that will easily cost you $300. But here\u2019s something more fun you can do with it\u2014save!&nbsp;<\/p>\n\n\n\n<p>No, we\u2019re not saying you have to cancel your plans, find some budget-friendly stuff to do at home like potlucks and game nights. That\u2019s like hitting two birds with one stone, you get to have fun with your friends while also saving money!<\/p>\n\n\n\n<p>also know about: <a href=\"https:\/\/trybeem.com\/blog\/how-much-income-tax-to-pay-on-salary-of-100000-per-year\/\">$100000 After Tax &#8211; Would You Know What It Costs?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">More ways to earn and hit the $10,000 target<\/h2>\n\n\n\n<p>Saving $833 a month seems like a lot. We know. It\u2019s a sacrifice to cut from your monthly expenses. That is a fact! So, here\u2019s a thought, look for ways to earn more.<\/p>\n\n\n\n<p>Asking for a raise\u00a0can help you reach your $10,000 mark in a year, but it\u2019s a variable! Your employer may or may not be up for it. So instead, you can consider starting a side hustle. In fact, the\u00a0average side hustle can bring $200-$1,100 a month!\u00a0We live in a gig economy take advantage of it!<\/p>\n\n\n\n<p>also know about: <a href=\"https:\/\/trybeem.com\/blog\/how-much-income-tax-to-pay-on-salary-of-10000-per-year\/\">How Much Income Tax to Pay on Salary of $10000 per Year?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Remind yourself why you want to save $10,000<\/h2>\n\n\n\n<p>Remember why you started your goal of saving $10,000 in a year. Was it to travel? Buy a car? Max out your retirement? Or achieve financial independence faster?<\/p>\n\n\n\n<p>Whatever your reason is, remember you are worth it. It\u2019s okay to put your needs first.&nbsp;<\/p>\n\n\n\n<p><em>Subscribe to Beem. You can save as little as $5 and enter a chance to win up to $100000 with Lucky by Beem. If you haven\u2019t,&nbsp;<a href=\"https:\/\/trybeem.com\/#subscribe\">subscribe now!<\/a>&nbsp;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saving $10,000 in a year, as lovely as it sounds, is it a possibility?&nbsp; It is hard but it\u2019s not impossible. Just imagine how $10,000 this year could help you? Sounds dreamy right? So, don&#8217;t dismiss it yet. Yes, money can\u2019t buy happiness, but it does give you a whole lot of freedom\u2014and $10,000 even [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3106],"tags":[107,170,191,337,216],"edited-by":[],"class_list":["post-134490","post","type-post","status-publish","format-standard","hentry","category-save","tag-financial-planning","tag-money-saving-tips","tag-personal-finance","tag-save","tag-save-money"],"acf":[],"_links":{"self":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts\/134490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/comments?post=134490"}],"version-history":[{"count":0,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts\/134490\/revisions"}],"wp:attachment":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/media?parent=134490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/categories?post=134490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/tags?post=134490"},{"taxonomy":"edited-by","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/edited-by?post=134490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}