Looking to save more money this year? Check out these tips for How to Beat Inflation!
With rising costs all around, there has never been a better time to revaluate your finances. Luckily, these tips for How to Beat Inflation will keep you ahead of the curve!
In the post, we’ll cover several great ways that will help you save money and make money. Doing one or a more of these tricks will allow you to simultaneously reduce your expenses and increase your income. By both reducing expenses and making more money, you may even get ahead financially!
Overall, a little creative thinking goes a long ways. So, are you ready to get started? Keep reading to find out more…
Save More Money
#1: Create a Budget
I know creating a budget may sound kind of boring, but it’s absolutely necessary if you want to beat inflation! First off, by tracking your expenses, you can see exactly where your money is going. By seeing where your money is going, you can identify where inflation is eating away at your savings. Then you can take actionable steps to save money on those areas.
Things like gas, groceries, and big-ticket items like cars and houses are very commonly susceptible to inflation, especially now.
#2: Save Money on Groceries
If you’re wondering, “How can I beat inflation at the grocery store?’, you’re in luck! There are many great ways to save big while shopping for groceries, including some less commonly known tricks.
Some of my favorite tricks include:
- Buying store-brand ingredients
- Buying seasonings in bulk
- Shopping after-holiday sales
- … and more!
This comprehensive list of Saving Money on Groceries will show you 21 actionable steps you can take today to reduce your monthly food bill.
#3: Save Money on Gas
Saving money on gas may seem a bit tricky right now, but it’s possible. There are several tricks I personally use that are effective, and would absolutely recommend. These include:
- Get a Sam’s Club Membership, and get discounted gas.
- Shop for groceries at Kroger/Fry’s/Fred Meyer, and get gas discounts from purchasing groceries.
- Get free gas gift cards online.
Doing one or more of these hacks will absolutely help you reduce your gas expenses.
#4: Save Money Shopping at Your Favorite Stores
Saving money at stores you already shop at is another great way to beat inflation. Besides earning free gift cards, which is arguably the easiest way to save, every store has their own discounts and deals worth checking out. You can check out several store savings tips here:
- How to Get Free Walmart Gift Cards (+Shopping Hacks)
- Free Sam’s Club Gift Card Deal (Easy Money Saving Trick)
- Target Money Saving Hacks
- Bed Bath and Beyond Hacks
- Cabela’s Shopping Hacks
- Best Buy Shopping Hacks
- Lowe’s Shopping Hacks
- Free Home Depot Gift Card
#5: Save Money Eating Out at Your Favorite Restaurants
If you enjoy eating out, there’s no need to cut back on that. You can earn free restaurant gift cards for all of your favorite places to eat, plus find even more ways to save money!
Some great restaurants include:
- Burger King Hacks
- Free Cheesecake Factory Gift Card + Ordering Hacks
- Cold Stone Money Saving Tips
- Domino’s Pizza Hacks
- Free Dunkin’ Donuts Gift Card
- Olive Garden Money Saving Hacks
- Panera Money Saving Tips
- Free Starbucks Gift Card
Make more money
#6: Side Hustles
Side hustles are an excellent way to monetize your talents! With a little hard work, you can put yourself out there and reap the benefits. Side hustles are arguably the most fun way to make extra money.
Some interesting freelance ideas include:
- Photography
- Translation
- Writing
- Proofreading
- …etc.
Just identify where your talents, skills, and interests are, and go from there. From then on, it’s a matter of getting on sites like Fiver and putting yourself out there. Good luck!
Related: 15 Best Side Hustle Ideas
#7: Drive for UberEats
Driving for Uber Eats is an excellent way to beat inflation! As you’ve probably guessed, you’ll essentially be delivering customer’s orders from the restaurant to their houses or apartments.
Overall, I absolutely would recommend doing UberEats if you’re looking to pay down debt, fund a trip, or beat inflation!
#8: Drive for Doordash
I’ve personally driven for Doordash, and have been able to make decent money doing so. The first trick to make good money is to ‘dash’ from 5:00 – 9:00 PM Monday through Friday, and from 12:00 PM – 10:00 PM Saturday and Sunday. At least where I live, these are the times with the most orders.
Secondly, it would be advantageous driving somewhere with lots of stores and restaurants, like a big mall area or downtown. This will also increase the quantity of your orders.
#9: Second Job
A second job is an excellent way to increase your income, even if you don’t do it long term! Working in the evenings and/or weekends is a great way to save up some money to counter inflation. With the extra money you earn, you could use it towards funding large purchases, or even paying down debt or investing. In any case, you have options!
#10: Start a Blog
Blogging is by and far one of the best ways to beat inflation! After learning how to start a blog, you can begin to make money with affiliate marketing, ads, and more. I’ve done blogging for several years, and it’s a great way to make a passive income in addition to your main job or career.
Go check out this guide for How to Begin a Blog Today to get started.
So, looking for even more great ways to save money and make more money? Keep reading to find out more…
Best Side Hustle Ideas
Whether you to want to earn some extra cash, pay off debt, or save for a trip or dream home, these best side hustles will have you stashing away extra cash in no time! Plus, one of the best parts is… these side hustle ideas require little or no money to get started!
Making Money From Home
Did you know that there are several ridiculously easy ways for making money from home? Having extra cash on hand is always a good thing! Here is the important part to remember. The more companies you sign up with for surveys, the more opportunities you’ll have to earn money. So I suggest signing up for as many of these survey companies as possible as possible to increase your earning potential!
Free Restaurant Gift Cards
Searching for some easy ways to save money eating out? I have an easy trick for earning free restaurant gift cards to some of your favorite restaurants! When you sign up with swagbucks, you can start earning free gift cards right away. You can earn gift cards for restaurants like Starbucks, Olive Garden, Panera, Krispy Kreme, and so many more!
Cheap Flight Hacks
So whether you’re dreaming of a bucket list trip or travel frequently for work, there’s no need to overpay for airfare. In fact, these cheap flight hacks will show you exactly how to start drastically reducing the cost of your flights today!
So now that you’ve seen all of these tips to beat inflation, don’t miss out on anything else! Follow along with Never Ending Journeys for more fun Travel Inspiration and Ideas!
So what are your favorite ways to beat inflation?
Leave a comment & share!
Michelle says
Such great tips, and very on point especially in today’s economic climate!
Never Ending Journeys says
Thank you so much, Michelle!
Danielle says
Oh boy, we can all use these tips right now, can’t we!
Never Ending Journeys says
Thank you, Danielle – I agree!
Healthy World Cuisine says
Love this timely post. Especially after yesterdays announcement of the Feds raising the interest rates. Going to have to check in on some of those in store savings bonus points and cards.
Never Ending Journeys says
Thank you so much – hopefully these tips can be of use. 🙂
delphine says
Merci pour tes conseils, la vie est vraiment trop chère de nos jours
Bises
Never Ending Journeys says
Je suis d’accord avec toi. Merci beaucoup. 🙂