As a recent graduate, I have been looking for jobs but haven’t found anything yet. I am on the verge of being broke and need to figure out how to save money when I don’t have a job.
There are many ways to save money when you have no job. One of the best ways is by not spending your paycheck and instead of waiting until you’ve saved up enough for an emergency fund. You can also start a blog and use it as a way to make some passive income or even turn it into your full-time job!
Here are 10 Tips on Save Money When You Have No Job:
1. Learn to cook at home
With one in five Americans living below the poverty line, cooking at home is an important way to save money. Cooking your own meals means not only do you know what goes into every dish that leaves your kitchen but also can control portion sizes and ingredients used which helps prevent overeating or buying more than necessary when shopping for groceries.
With alarming numbers of American citizens struggling financially due to unemployment rates reaching a high near 20% and two-thirds of income coming from wages, it’s understandable why many are looking towards saving on food expenses as well with “learn how” tutorials like this! With just a little time spent learning some simple recipes that use common household staples such as rice, eggs, beans/lentils, etc., anyone can learn how
2. Pack your lunch for work
You don’t need to spend all your money on lunch because it’s the most important meal of the day, so instead prepare something ahead and save some cash.
Pack lunches in advance for work will help you save a lot of time when working through those busy days at the office. Stop paying high prices just to have a quick bite during either morning or afternoon break times where everyone is hungry! Instead, pack yourself an inexpensive sandwich with bread that can be bought from any grocery store nearby along with fruit like apples which only cost $1 per pound if not cheaper depending on variety purchased at local produce markets nearby as well as drink water throughout your shift without having to worry about adding extra beverages such as sodas or juices into this expense category yet still
3. Cut down on the number of times you go out to eat per week
Eating out is a great way to enjoy the company of friends and family but it can also be expensive. Saving money shouldn’t have to mean you miss out on enjoying yourself so try these tips next time you’re thinking about going out:
– Make plans with your loved ones in advance, this will help coordinate when everyone’s free as well as set expectations for who pays what (or if someone else should take care of the bill).
You’ll get better deals because restaurants are more likely to discount their prices during slower periods like at lunch compared to in peak hours such as dinner or after dark. It could even make sense economically just eat there sooner rather than later! This means that making reservations early may not always work best since they
4. Use coupons and shop sales more often
Spend less by using coupons, ads, and sales more often.
I was so excited to find a coupon for the store I usually go shopping in right before my trip there! It’s been a while since I’ve found anything on sale that wasn’t expired but last week they had some of my favorite cereal at half off.
Now, every time I need something new to buy or just want an excuse not to cook dinner tonight it sounds good again.
5. Find a side hustle or freelance gig
Instead of sitting on your couch this weekend and watching Netflix again, find a side hustle or freelance gig to do! You’ll have more money in the end for that vacation you’ve been dreaming about.
Once you have a steady job it can be easy to slide into the routine of working and spending, but having your own side hustle or freelance gig is an excellent way of making some extra money.
There are many different ways someone may make their living on top of another career path in order to supplement income; these include things like driving for Uber (or participating in other task sharing apps), dog walking services, providing tutoring/teaching assistance over Skype or through online classes, etc.
Think about what skills you already possess that might give yourself opportunities beyond just getting by with your 9-to-5!
6. Get creative with how you spend money
Being creative with how you spend money is just as important for your budget and savings goals, as well. You can go the traditional route of cutting back on food or entertainment expenses to save more each month.
Or if you’re feeling bolder than usual, be a little unconventional by developing an itemized list of items that are necessities for living comfortably in order to find ways where most spending falls outside this category – such as clothes instead of groceries!
One way I like saving extra cash without sacrificing my quality-of-life too much is having friends over at least once per week (and making them bring their own snacks!). This not only saves me from eating out while entertaining others but it also allows us all time together that doesn’t involve work or
7. Cut back on your bills- cancel cable, downgrade your phone plan, and find cheaper car insurance
Cut back on your bills- cancel cable, downgrade your phone plan, and find cheaper car insurance. You can save money by doing these things!
Too many of us get caught up in paying for the newest iPhone or using Netflix every night when we don’t have to.
8. Sell some of the things you don’t use anymore (eBay)
When you’re short on cash, it can be hard to find ways of making some spare change. Just by selling things that are just taking up space in your home! You might have old clothes or shoes that don’t fit anymore and could sell them for a profit online.
If there’s anything from around the house like furniture or items with sentimental value, look into donating those instead as they will often fetch more money than if you were trying to make quick cash off eBay (and no risk of being disappointed when someone bids lower then what you wanted).
Sell any unneeded electronics too- whether it’s an extra phone charger, laptop battery pack, or game console controller – these all hold weight in today’s marketplace.
9. Find free entertainment like walking in nature or cooking with friends
Do you find yourself feeling bored or restless? Try to use your free time wisely by finding fun, creative activities. For example, try taking a walk through nature and stop at the park for some jumping on the playground equipment! If cooking is more up your alley than exercise – get together with friends in order to cook meals all day long while listening to podcasts about what’s going on in popular culture (or even just make dinner). You’ll save money when you go without work because these are inexpensive ways of entertaining yourself as well as socializing with others.
10. Spend less time on social media and more time meeting people in person
In the age of social media, it’s easy to get hooked on scrolling through your newsfeed and not actually interacting with others.
In a recent study by Pew Research Center, they found that more than half (54%) of American adults use Facebook at least once per day. And for millennials aged 18-29 years old? That number jumps up to 72%. This may seem harmless enough if you happen to have money in your bank account or are gainfully employed; but what about those people who don’t currently meet either criterion? In these instances, spending less time online is an excellent way for people without jobs or resources can save some cash when looking forward into their futures where self-care might be harder to come by because there will be no buffer against