A lot of people spend hours trying to figure out how to save money. But it’s not that complicated.

So let’s get started.

1. Understand where your money goes

Most people don’t know exactly how much they spend on everything. This includes food, rent, gas, utilities, car repairs, insurance, and all of the other expenses that we incur every month.

But you don’t need a budget to start saving money.

2. Start by looking at your monthly expenses

When you’re looking at your monthly expenses, look at everything that you spend money on. Then add up all of the costs and divide it by the number of days in the month. For example, if your monthly costs total $300 and you have 30 days in the month, then your monthly expenses are about $10 per day.

You can also use this method to figure out how much you spend per hour.

3. Figure out your spending habits

Once you’ve figured out your monthly spending, take a look at your spending habits. Do you eat out at restaurants several times a week? Or do you only go to one restaurant per month?

Is it cheaper to buy groceries online or go to the grocery store? Do you buy a lot of items at a specific store, or do you shop at different stores?

Do you drive to work every day? Do you drive to work at least twice a week?

4. Find ways to cut down on your expenses

Once you know where your money goes and your spending habits, it’s time to find ways to reduce your spending.

First, look at your monthly expenses and decide which ones you can eliminate. This could be as easy as cutting back on your cell phone bill or as difficult as canceling your gym membership.

Then, start looking for ways to reduce your spending on other things.

5. Look for ways to save more money

After you’ve found ways to reduce your spending, it’s time to look for ways to save more money.

This could mean reducing your cable bill or finding a new way to pay for your gym membership. It might even mean reducing your daily Starbucks coffee habit.

Whatever it is that you need to cut, start with the easiest ones first. Then look for ways to make it easier to stick to your budget.

6. Be patient

If you’ve been struggling to save money, it’s normal to get discouraged.

But saving money is a long-term process.

It will take months or years to save enough money to cover your monthly expenses.

And even after you’ve saved enough, it won’t happen overnight.

So be patient.

7. Look for ways to earn more money

If you want to save money, you’ll need to earn more money.

But you don’t have to stop working to become a millionaire.

You can still earn money while you’re trying to save money.

Here are some ideas to consider:

• Sell your old clothes and furniture on eBay or Craigslist.

• Do odd jobs around your neighborhood.

• Take on side projects.

8. Have fun with your money

Saving money is a lot more fun when you have a plan and you’re seeing results.

So make sure that you enjoy your journey.

When you have fun, you’ll be more likely to stick to your budget.

9. Start a savings account

A savings account is the best way to save money because it’s free money.

If you open a savings account, you can deposit any amount of money and earn interest on it.

10. Learn about investing

Investing is another way to earn money without having to work.

And it’s the best way to grow your savings.

Investing isn’t difficult to learn.

You can start by opening an account with your local bank or a robo-advisor.

11. Find ways to automate your savings

Automating your savings can help you save more money.

For example, you can automatically transfer a certain amount of money from your checking account into your savings account each month.

12. Use rewards programs

Using reward programs can help you save money.

For example, many banks and credit cards offer cash back or airline miles for each purchase.

You can also earn points when you shop online.

13. Pay off your debt

Debt is one of the most common reasons why people don’t save money.

If you have debt, then it’s important to pay it off as quickly as possible.

14. Don’t be afraid to ask for help

If you’re feeling overwhelmed, it’s okay to ask for help.

Saving money is a very personal thing, so you’ll feel more comfortable asking for help if you know that you can trust someone.

15. Focus on your goals

Once you’ve started saving money, you’ll need to focus on your goals.

If you want to travel more, then you’ll need to save enough money to fund your trips.

If you want to retire early, then you’ll need to save enough money to fund your retirement.

16. Make your finances a priority

When you’re busy with work and life, it’s easy to put your finances on the back burner.

But you need to take care of your finances if you want to save money.

Set aside time in your schedule to review your bills and your budget.

17. Set realistic goals

If you want to save money, it’s important to set realistic goals.

Don’t set a goal to save $500 in your first month, start with a smaller amount.