A sizable percentage of Americans live paycheck to paycheck. As such, many of us have little to no money in the bank, thereby ensuring financial ruin in the case of sudden job loss or medical emergency. Fortunately, building your personal savings isn’t nearly as daunting as you may think. Even if you think your monthly living expenses can’t be stretched any further, you may be surprised to learn how much money a little bit of outside-the-box thinking can save you each month.


If rent eats up a substantial portion of your living expenses, downsizing can be a cost-effective endeavor. For example, if you live by yourself, there’s no sense in renting a place with multiple bedrooms – unless, of course, you have above-average storage needs. In recent years, studio apartments have become increasingly popular options for singles, students and young professionals. A good studio apartment provides just the right amount of living space for a single resident and is considerably cheaper to rent than a standard one or two-bedroom place. By giving up bedrooms, you can cut your monthly rent costs in half. Renters in the Cornhusker State will be pleased to learn that there are a wide range of affordable studio apartments in Omaha, NE.

Limit Restaurant Visits

Consistently eating out can make your monthly living expenses vanish before you know it. Without even realizing it, many young adults spend hundreds of dollars a month on restaurant visits. While eating out is often a less stressful alternative to preparing one’s own meals, this convenience comes at a high cost. With this in mind, place strict limits on the amount of money you allow yourself to spend at restaurants each month. As an added bonus, if eating out is something you only do a few times a month, each restaurant visit will give you something to savor and look forward to. Preparing your own meals and bringing your own lunches to work stands to save you a small fortune every month, which can help ease the pain of limiting the time you spend at restaurants.

Get Rid of Cable

As recently as 10 years ago, most people would balk at the idea of cutting their cable. However, now that online streaming services are quickly overtaking traditional television, a rapidly growing number of Americans are bidding farewell to cable. With nothing more than a high-speed internet connection and subscriptions to the hottest streaming platforms, you can enjoy your favorite shows and movies whenever you want – and for a fraction of the cost of a comprehensive cable package.

When you live paycheck to paycheck, every penny counts. By the time payday rolls around, many Americans are virtually bereft of personal funds. If this describes your situation, you’ll be pleased to learn that overcoming financial uncertainty is well within your abilities. Putting the previously discussed pointers into practice can help you build your savings, ensuring that you’ll have money to fall back on whenever an unforeseen emergency rears its head.