🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 148 (from laksa154)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa148.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.bankrate.com/banking/savings/how-to-save-money-fast/\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.bankrate.com/banking/savings/how-to-save-money-fast/\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.bankrate.com\/banking\/savings\/how-to-save-money-fast\/","crawl_time":1776396490,"first_indexed_time":1513639639,"http_code":200,"src_unparsed":"com,bankrate!www,\/banking\/savings\/how-to-save-money-fast\/ s443","src_root_hash":"16841441868536461148","history_drop_reason":null,"meta_title":"How To Save Money Fast: 25 Ways | Bankrate","meta_descriptions":["Discover tips to save money fast, from creating a budget to automating savings, that can help boost your emergency fund in no time.","Discover tips to save money fast, from creating a budget to automating savings, that can help boost your emergency fund in no time."],"attrs_boilerpipe_text":"Key takeaways\nMaking even minor adjustments to your finances, such as canceling subscriptions or paying with cash, can add up quickly.\nConsider automating your savings and bill payments to keep your budget in check.\nRegularly evaluate your spending, from bank fees to energy consumption, to uncover opportunities for quick wins.\nAccording to \nBankrate’s latest emergency savings report\n, 27 percent of U.S. adults don’t have emergency savings and 59 percent feel uneasy about their current savings amount. Having an \nemergency fund\n, ideally equivalent to three to six months’ worth of living expenses, and regularly saving money, can help you break free from the cycle of living paycheck to paycheck. \nWhether you want to learn how to save money fast to get peace of mind for unexpected bills or reap the benefits of putting more money into a high-yield savings account, we’ve compiled a list of\n \n25 tips to help you save money fast.\n1.\nAssess your current financial habits\nBefore you can make quick financial adjustments, it’s essential to understand your current financial habits. Consider tracking your expenses for a period of 30 days to identify unnecessary costs. Divide spending into\nfixed and variable costs\n. Fixed costs are rent, insurance premiums and car payments that don’t change monthly. Variable costs include grocery bills, gas, dining out, entertainment and other fluctuating expenses.\n2. Create a budget\nBudgeting\nisn’t just about tracking expenses — it’s about taking control of your money. You can budget with pen and paper to tally up daily expenses or use paid or free budgeting tools or apps. Apps like You Need A Budget (YNAB) or Monarch can help you track spending, set financial goals and save more effectively. Knowing where your money goes allows you to\nmake smarter spending decisions\nand cut out miscellaneous costs to help you save money fast.\n3.\nWork on paying down debt\nHigh-interest debt\n, particularly credit card balances, can erode your financial progress. Paying off these debts quickly reduces the amount you lose to interest, allowing you to redirect more money into savings. Using the debt snowball or avalanche method can help you stay focused on repayment.\n4.\nConsider alternate forms of transportation\nAccording to a recent research study by the Bureau of Transportation Statistics,\n52 percent\nof all trips are less than three miles, and 28 percent are less than one mile. Walking or biking instead of driving can significantly cut gas, maintenance and insurance costs. If public transit is an option, compare costs to see if you can save money by commuting differently.\n5. Examine your subscriptions\nMany people unknowingly spend money on unused subscriptions. Review your credit card and bank statements to identify and cancel services you no longer need.\nApps that track your subscriptions\n, such as Rocket Money and Bobby, can help you manage recurring expenses.\n6. Automate your savings\nMany online banks and apps like Qapital allow you to \nautomate your savings\nby regularly rounding up your purchases or transferring small amounts into your savings account. Automation ensures you are consistently putting money away without manual intervention.\n7. Set up automatic bill payments\nLate fees from missed manual payments can add up quickly. Avoid these costly fees by automating bill payments so you never miss an important due date. Just ensure your account has sufficient funds to prevent\noverdraft fees\n.\n8. Switch banks for better interest rates and fewer fees\nTraditional banks may charge fees that chip away at your savings. Consider switching to an\nonline-only bank\n, many of which offer fee-free checking and higher-interest savings accounts.\nOnline banks can offer savings accounts with\nannual percentage yields (APYs)\nof more than 4 percent, compared with less than 1 percent at traditional banks.\nExplore:\nBest high-yield savings accounts\n9. Open a short-term certificate of deposit (CD)\nA certificate of deposit (CD) is a great way to grow your savings if you can afford to lock away some money temporarily.\nThey offer a fixed interest rate\n, often higher than savings accounts.\nCurrently,\none-year CDs\ncan yield over 4 percent APY, a solid return on your money.\nRead more:\nBest CD rates\n10. Use rewards and loyalty programs\nJoining rewards programs at grocery stores, pharmacies or retail chains can be an easy way to maximize your budget. Loyalty programs can save households hundreds of dollars annually, especially with coupons and special offers. With that said, be wary of promotional offers that tempt you into spending more than you had planned.\n11. Pay with cash or set spending limits\nPsychologically, it’s harder to part with physical cash than to swipe a card, so paying with cash for everyday expenses can curb impulse purchases like that new game or the next round of drinks.\nOn the other hand, if a credit card fits your lifestyle better, you can take advantage of some safety nets. For example, many banks allow you to set spending limits or alerts on your credit cards, which help you control your spending and avoid losing money.\n12. Stop paying for convenience services\nAmericans spend a lot on convenience services — over \n$400 per month\non delivery alone. To start recouping some of that money, stop outsourcing your services and “insource” instead. Cooking at home or doing minor household repairs can add up to significant, fast savings.\n13. Earn cash back on everyday purchases\nIf you need to use credit, make sure you’re rewarded. Apps like Rakuten and Ibotta provide additional savings when shopping online or in-store. \nCash back credit cards\noften offer up to 5 percent cash back on various categories such as groceries, dining and online shopping. Just remember to pay off the balance each month to avoid interest charges.\n14. Buy in bulk\nBuying in bulk from stores like Costco or Sam’s Club can save you a lot of money in the long term, particularly for non-perishable items. Bulk buying can reduce your shopping costs significantly, especially if you’re carefully watching the cost per unit (CPU).\nHowever, be cautious — buying perishable goods in bulk could lead to food waste. Make sure to store items properly to maximize shelf life.\n15. Clip coupons\nSites like Honey and RetailMeNot make finding and applying digital coupons at checkout easy. According to \nCouponFollow\n, a leading coupon company, households that use coupons can save as much as $1,465 annually.\nPair coupon usage with in-store promotions for deeper discounts and automate your coupon clippings by installing a mobile app or browser extension that automatically finds and applies coupons at checkout.\n16. Refinance loans to get lower rates\nRefinancing\nreplaces your current loan with one that has better terms, such as a lower interest rate. This usually means lower payments every month. It also helps you pay off the loan faster and spend less on interest over time. Even a small drop in interest can lead to significant savings.\nHowever, refinancing isn’t free. According to Freddie Mac, switching a mortgage often costs about\n3 percent to 6 percent\nof the new loan amount, depending on your loan and where you live. Always compare offers from different lenders to find the best rate.\n17. Shop for better insurance rates\nMany people stick with the same insurance provider for years, not realizing they could save hundreds by switching. Shop around and compare quotes on\ncar\n,\nhome\nor\nrenters\ninsurance.\nYou can also consider\nbundling your home and car insurance\nfor the best deals.\n18. Use a no-fee credit card\nIf your credit card charges an annual fee, consider downgrading to a no-fee option. Many companies, such as Citi or American Express, offer \nno-annual-fee credit card alternatives\nthat still provide rewards without the added cost.\n19. Plan no-spend days\nNo-spend challenges\nare an effective way to reset your budget and become more mindful of unnecessary expenses. Challenge yourself to go without spending money on anything outside of essential costs like groceries, bills and transportation for a set period, like one day per week or one week per month.\n20. Eliminate one spending habit\nEliminating one costly habit — whether it’s your daily coffee, subscription boxes or online shopping sprees — can save hundreds, if not thousands, annually. Identify a habit and commit to reducing or eliminating it to free up extra cash for savings.\n21. Buy secondhand or get used items for free \nOnline platforms such as Poshmark, Depop and ThredUp offer gently used clothing and household goods at a fraction of their original price.\nBuying secondhand can save you a significant amount of money compared to buying new. For example, purchasing used clothing can save about \n$900\na year. Big-ticket items such as furniture, electronics and home improvement tools are often available in excellent condition at consignment shops or on online platforms such as Craigslist and Facebook Marketplace.\n22. Embrace DIY projects\nThe do-it-yourself, or DIY, movement continues to grow thanks to countless online resources created to help you complete projects at home for a fraction of the cost of hiring professionals. Painting your own home, for example, could save between \n$500 and $5,000\n.\nSimple DIY tasks such as painting, landscaping or sewing can cut expenses while adding a personal touch to your space or wardrobe. Platforms such as YouTube offer tutorials to help you learn basic car maintenance or home repairs, saving money over time by allowing you to handle small fixes yourself.\n23. Reduce your energy bills\nSmall changes and\nenergy-efficient home upgrades\n, such as installing a programmable thermostat, adding weather stripping to doors and windows or switching to energy-efficient appliances, can reduce utility bills month after month. \nAccording to the U.S. Department of Energy, setting your thermostat back 7 to 10 degrees Fahrenheit for eight hours a day can save up to\n10 percent\non annual energy bills. Many energy companies also provide rebates and tax incentives for eco-friendly home improvements, boosting your savings even more.\n24. Take advantage of credit card rewards \nGetting the most out of your\ncredit card rewards\ncan require a slight learning curve, but it can be worth the effort when done right. Before you make any large purchases, check which card gives you the best return on spending. Shop around for credit cards with introductory offers that give you extra points or miles just for signing up.\n25. Improve your credit score\nRaising your credit score can save you thousands on everything from credit cards to\nhomeowners insurance\n. Regularly review your credit reports from Experian, Equifax and TransUnion to catch errors or signs of fraud. If you find any mistakes,\ndispute them\nwith the appropriate credit reporting agency.\nTo\nimprove your score\n, focus on making payments on time and reducing your\ncredit utilization ratio\n. Avoid applying for new accounts too frequently, as each application triggers a hard inquiry that can temporarily lower your score.\nThe bottom line\nSaving money fast isn’t just about cutting expenses — it’s about making smarter financial choices. By reassessing spending habits, leveraging cash-back rewards and automating savings, you can create financial breathing room and adjust your finances quickly.\nWhether you’re building an emergency fund, tackling debt or saving for a major purchase, implementing even just a few of these tips can help you make meaningful progress.\nDid you find this page helpful?\nInfo Icon\nHelp us improve our content","attrs_markdown":"[Skip to Main Content](https:\/\/www.bankrate.com\/banking\/savings\/how-to-save-money-fast\/#main-content)\n\n{closeNav(); \\$refs.siteNavMenuButton.focus();}\"\\>\n\n- [Banking](https:\/\/www.bankrate.com\/banking\/)\n  All\n  \n  Banking\n  \n  Checking & savings\n  \n  CDs\n  \n  Money market\n  \n  Banks\n  \n  [Explore all banking resources](https:\/\/www.bankrate.com\/banking\/)\n  \n  Banking\n  \n  Compare accounts\n  \n  - [Best high-yield savings accounts](https:\/\/www.bankrate.com\/banking\/savings\/best-high-yield-interests-savings-accounts\/)\n  - [Best checking accounts](https:\/\/www.bankrate.com\/banking\/checking\/best-checking-accounts\/)\n  - [Best free checking accounts](https:\/\/www.bankrate.com\/banking\/checking\/best-free-checking-accounts\/)\n  \n  Get guidance\n  \n  - [Savings calculator](https:\/\/www.bankrate.com\/banking\/savings\/simple-savings-calculator\/)\n  - [All savings calculators](https:\/\/www.bankrate.com\/banking\/calculators\/)\n  - [Savings rate trends](https:\/\/www.bankrate.com\/banking\/savings\/average-savings-interest-rates\/)\n  - [Savings resources](https:\/\/www.bankrate.com\/banking\/savings\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/6efbd0a01f\/savings-basics.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Savings basics 5 min read](https:\/\/www.bankrate.com\/banking\/savings\/how-to-open-a-savings-account\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/4c26764452\/how-to-start-saving.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to start saving 4 min read](https:\/\/www.bankrate.com\/banking\/savings\/start-saving-from-scratch\/)\n  \n  Compare accounts\n  \n  - [Best CD rates](https:\/\/www.bankrate.com\/banking\/cds\/cd-rates\/)\n  - [Best 6-month CD rates](https:\/\/www.bankrate.com\/banking\/cds\/best-6-month-cd-rates\/)\n  - [Best 1-year CD rates](https:\/\/www.bankrate.com\/banking\/cds\/best-1-year-cd-rates\/)\n  - [Best 5-year CD rates](https:\/\/www.bankrate.com\/banking\/cds\/best-5-year-cd-rates\/)\n  \n  Get guidance\n  \n  - [CD calculator](https:\/\/www.bankrate.com\/banking\/cds\/cd-calculator\/)\n  - [CD ladder calculator](https:\/\/www.bankrate.com\/banking\/cds\/cd-ladder-calculator\/)\n  - [CD resources](https:\/\/www.bankrate.com\/banking\/cds\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/a7b9c5207a\/cd-basics.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) CD basics 7 min read](https:\/\/www.bankrate.com\/banking\/cds\/what-is-a-cd\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/4b0ced533f\/how-to-invest-with-cds.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to invest with CDs 6 min read](https:\/\/www.bankrate.com\/banking\/cds\/how-to-invest-in-cds\/)\n  \n  Money market accounts\n  \n  Money market accounts are similar to savings accounts, but offer some checking features as well.\n  \n  [View MMA rates](https:\/\/www.bankrate.com\/banking\/money-market\/rates\/)\n  \n  Get guidance\n  \n  - [Money market basics](https:\/\/www.bankrate.com\/banking\/mma\/what-is-a-money-market-account\/)\n  - [Money market vs savings accounts](https:\/\/www.bankrate.com\/banking\/money-market-account-vs-savings-account\/)\n  - [How to open an MMA](https:\/\/www.bankrate.com\/banking\/mma\/how-to-open-a-money-market-account\/)\n  - [MMA resources](https:\/\/www.bankrate.com\/banking\/mma\/)\n  \n  Banking\n  \n  Unlock financial rewards by signing up for a savings or checking account with a bonus offer.\n  \n  [Best bank bonuses](https:\/\/www.bankrate.com\/banking\/best-bank-account-bonuses-and-promotions\/)\n  \n  Get guidance\n  \n  - [Best online banks](https:\/\/www.bankrate.com\/banking\/best-online-banks\/)\n  - [Best credit unions](https:\/\/www.bankrate.com\/banking\/best-credit-unions\/)\n  - [Bank reviews](https:\/\/www.bankrate.com\/banking\/reviews\/)\n  - [Federal Reserve news](https:\/\/www.bankrate.com\/banking\/federal-reserve\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/d50369eb56\/capital-one-review.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Capital One review Our take on Capital One Bank](https:\/\/www.bankrate.com\/banking\/reviews\/capital-one\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/d121fa8bad\/marcus-review.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Marcus review Our take on Marcus by Goldman Sachs](https:\/\/www.bankrate.com\/banking\/reviews\/marcus\/)\n  \n  [Explore all banking resources](https:\/\/www.bankrate.com\/banking\/)\n- [Mortgages](https:\/\/www.bankrate.com\/mortgages\/)\n  All\n  \n  Mortgages\n  \n  Purchase\n  \n  Refinance\n  \n  Real estate\n  \n  [Explore all mortgages resources](https:\/\/www.bankrate.com\/mortgages\/)\n  \n  Mortgages\n  \n  Compare rates\n  \n  - [Mortgage rates](https:\/\/www.bankrate.com\/mortgages\/mortgage-rates\/)\n  - [30-year mortgage rates](https:\/\/www.bankrate.com\/mortgages\/30-year-mortgage-rates\/?disablePre=1)\n  - [15-year mortgage rates](https:\/\/www.bankrate.com\/mortgages\/15-year-mortgage-rates\/?disablePre=1)\n  - [VA loan rates](https:\/\/www.bankrate.com\/mortgages\/va-loan-rates\/)\n  \n  Get guidance\n  \n  - [Mortgage calculator](https:\/\/www.bankrate.com\/mortgages\/mortgage-calculator\/)\n  - [Amortization calculator](https:\/\/www.bankrate.com\/mortgages\/amortization-calculator\/)\n  - [Mortgage rate news](https:\/\/www.bankrate.com\/mortgages\/analysis\/)\n  - [Daily mortgage rates archive](https:\/\/www.bankrate.com\/mortgages\/todays-rates\/)\n  - [Read lender reviews](https:\/\/www.bankrate.com\/mortgages\/reviews\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/4037e1299d\/how-to-get-a-mortgage.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to get a mortgage 11 min read](https:\/\/www.bankrate.com\/mortgages\/how-to-get-a-mortgage\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/8889d553d1\/best-mortgage-lenders-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) First-time homebuyer programs 11 min read](https:\/\/www.bankrate.com\/mortgages\/first-time-homebuyer-loans-and-programs\/)\n  \n  Compare rates\n  \n  - [Refinance rates](https:\/\/www.bankrate.com\/mortgages\/refinance-rates\/)\n  - [Cash-out refinance rates](https:\/\/www.bankrate.com\/mortgages\/cash-out-refinance-rates\/)\n  - [30-year refinance rates](https:\/\/www.bankrate.com\/mortgages\/30-year-refinance-rates\/?disablePre=1)\n  - [15-year refinance rates](https:\/\/www.bankrate.com\/mortgages\/15-year-refinance-rates\/?disablePre=1)\n  \n  Get guidance\n  \n  - [Mortgage refinance calculator](https:\/\/www.bankrate.com\/mortgages\/refinance-calculator\/)\n  - [Best refinance lenders](https:\/\/www.bankrate.com\/mortgages\/best-lenders\/refinance-mortgage-lenders\/)\n  - [Best cash-out refinance lenders](https:\/\/www.bankrate.com\/mortgages\/best-lenders\/cash-out-refinance-lenders\/)\n  - [Mortgage refinance resources](https:\/\/www.bankrate.com\/mortgages\/refinancing\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1442x1440\/d475e14a0e\/home-equity-lender-reviews-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to refinance your mortgage 12 min read](https:\/\/www.bankrate.com\/mortgages\/how-does-refinancing-a-mortgage-work\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/e9e92b7729\/home-equity-heloc-guide-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Cash-out refinancing guide 9 min read](https:\/\/www.bankrate.com\/mortgages\/cash-out-refinancing\/)\n  \n  Buying & selling\n  \n  Knowing what to look for in a real estate agent is critical. Here's how to choose the best fit for your needs.\n  \n  [Choosing an agent](https:\/\/www.bankrate.com\/mortgages\/finding-best-real-estate-agent\/)\n  \n  Get guidance\n  \n  - [Home affordability calculator](https:\/\/www.bankrate.com\/mortgages\/home-affordability-calculator\/)\n  - [Cost of living calculator](https:\/\/www.bankrate.com\/personal-finance\/cost-of-living-calculator\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/08fb8be334\/buying-a-home.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Buying a home 12 min read](https:\/\/www.bankrate.com\/mortgages\/how-to-buy-a-house\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/3b255b330e\/selling-a-home-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Selling a home 10 min read](https:\/\/www.bankrate.com\/mortgages\/how-to-sell-your-house\/)\n  \n  [Explore all mortgages resources](https:\/\/www.bankrate.com\/mortgages\/)\n- [Investing](https:\/\/www.bankrate.com\/investing\/)\n  All\n  \n  Investing\n  \n  Investing\n  \n  Retirement\n  \n  Financial advising\n  \n  [Explore all investing resources](https:\/\/www.bankrate.com\/investing\/)\n  \n  Investing\n  \n  Compare investments\n  \n  - [Best investments](https:\/\/www.bankrate.com\/investing\/best-investments\/)\n  - [Best index funds](https:\/\/www.bankrate.com\/investing\/best-index-funds\/)\n  - [Best long-term investments](https:\/\/www.bankrate.com\/investing\/best-long-term-investments\/)\n  - [Best short-term investments](https:\/\/www.bankrate.com\/investing\/best-short-term-investments\/)\n  \n  Get guidance\n  \n  - [All investing calculators](https:\/\/www.bankrate.com\/investing\/calculators\/)\n  - [Brokerage reviews](https:\/\/www.bankrate.com\/investing\/brokerage-reviews\/)\n  - [Robo-advisor reviews](https:\/\/www.bankrate.com\/investing\/roboadvisor-reviews\/)\n  - [Low risk investments](https:\/\/www.bankrate.com\/investing\/low-risk-investments\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/3cfd293f15\/passive-income-ideas-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Passive income ideas 26 min read](https:\/\/www.bankrate.com\/investing\/passive-income-ideas\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/3d6f458d84\/how-to-start-investing-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to start investing 7 min read](https:\/\/www.bankrate.com\/investing\/how-to-start-investing\/)\n  \n  Compare plans\n  \n  - [Best retirement plans](https:\/\/www.bankrate.com\/retirement\/best-retirement-plans\/)\n  - [Best IRA accounts](https:\/\/www.bankrate.com\/retirement\/best-ira-accounts\/)\n  - [Best Roth IRA accounts](https:\/\/www.bankrate.com\/investing\/best-roth-ira\/)\n  - [Best 401(k) rollover options](https:\/\/www.bankrate.com\/retirement\/best-places-to-rollover-401k\/)\n  \n  Get guidance\n  \n  - [401(k) calculator](https:\/\/www.bankrate.com\/retirement\/401-k-calculator\/)\n  - [Retirement plan calculator](https:\/\/www.bankrate.com\/retirement\/retirement-plan-calculator\/)\n  - [Roth IRA calculator](https:\/\/www.bankrate.com\/retirement\/roth-ira-plan-calculator\/)\n  - [All retirement calculators](https:\/\/www.bankrate.com\/retirement\/calculators\/)\n  - [Retirement resources](https:\/\/www.bankrate.com\/retirement\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/59a3f533a8\/best-worst-states-for-retirement-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Best & worst states for retirement 6 min read](https:\/\/www.bankrate.com\/retirement\/best-and-worst-states-for-retirement\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/a6b1dc15ca\/how-to-save-for-retirement-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to save for retirement 15 min read](https:\/\/www.bankrate.com\/retirement\/how-to-save-for-retirement\/)\n  \n  Finding an advisor\n  \n  - [Find a financial advisor](https:\/\/www.bankrate.com\/investing\/financial-advisors\/financial-advisor-matching\/)\n  - [Best financial advisors](https:\/\/www.bankrate.com\/investing\/financial-advisors\/best-financial-advisors\/)\n  - [How to choose a financial advisor](https:\/\/www.bankrate.com\/investing\/financial-advisors\/how-to-choose-a-financial-advisor\/)\n  - [Financial planner vs advisor](https:\/\/www.bankrate.com\/investing\/financial-advisors\/financial-advisor-vs-financial-planner\/)\n  \n  Get guidance\n  \n  - [What is financial planning?](https:\/\/www.bankrate.com\/investing\/financial-advisors\/what-is-financial-planning\/)\n  - [What is a fiduciary?](https:\/\/www.bankrate.com\/investing\/financial-advisors\/what-is-a-fiduciary\/)\n  - [What is a CFP?](https:\/\/www.bankrate.com\/investing\/financial-advisors\/what-is-a-certified-financial-planner\/)\n  - [What is wealth management?](https:\/\/www.bankrate.com\/investing\/financial-advisors\/what-is-wealth-management\/)\n  - [Financial advisor resources](https:\/\/www.bankrate.com\/investing\/financial-advisors\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/1cdbf65950\/what-is-wealth-management-s.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) When to get an advisor 4 min read](https:\/\/www.bankrate.com\/investing\/financial-advisors\/when-to-get-a-financial-advisor\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/38750a2d5a\/what-is-a-certified-financial-planner-s.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Pros & cons of financial advising 7 min read](https:\/\/www.bankrate.com\/investing\/financial-advisors\/pros-cons-financial-advisor\/)\n  \n  [Explore all investing resources](https:\/\/www.bankrate.com\/investing\/)\n- [Credit cards](https:\/\/www.bankrate.com\/credit-cards\/)\n  All\n  \n  Credit cards\n  \n  Cards by category\n  \n  Cards by credit\n  \n  Tools & reviews\n  \n  Guides & resources\n  \n  [Explore all credit cards resources](https:\/\/www.bankrate.com\/credit-cards\/)\n  \n  Credit cards\n  \n  Compare cards\n  \n  - [Best cards of 2026](https:\/\/www.bankrate.com\/credit-cards\/best-credit-cards\/)\n  - [Best cash back cards](https:\/\/www.bankrate.com\/credit-cards\/cash-back\/best-cash-back-cards\/)\n  - [Best balance transfer cards](https:\/\/www.bankrate.com\/credit-cards\/balance-transfer\/best-balance-transfer-cards\/)\n  - [Best 0% APR cards](https:\/\/www.bankrate.com\/credit-cards\/zero-interest\/best-zero-interest-cards\/)\n  - [Best travel cards](https:\/\/www.bankrate.com\/credit-cards\/travel\/best-travel-cards\/)\n  - [Best rewards cards](https:\/\/www.bankrate.com\/credit-cards\/rewards\/best-rewards-cards\/)\n  - [Best business cards](https:\/\/www.bankrate.com\/credit-cards\/business\/best-business-cards\/)\n  - [Best sign up bonus cards](https:\/\/www.bankrate.com\/credit-cards\/rewards\/best-bonus-offer-cards\/)\n  \n  Find my matches\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/4f02ac6944\/cardmatch-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) CardMatch™ Get personalized card recommendations](https:\/\/www.bankrate.com\/credit-cards\/tools\/cardmatch\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/10ad7295ae\/card-comparison-tool-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Card comparison tool Compare credit cards side-by-side](https:\/\/www.bankrate.com\/credit-cards\/tools\/compare\/)\n  \n  See your card matches\n  \n  Answer a few quick questions and we’ll show you your top credit card options.\n  \n  [Find my matches](https:\/\/www.bankrate.com\/credit-cards\/tools\/cardmatch\/)\n  \n  Compare cards\n  \n  - [Excellent credit](https:\/\/www.bankrate.com\/credit-cards\/rewards\/best-for-excellent-credit\/)\n  - [Good credit](https:\/\/www.bankrate.com\/credit-cards\/building-credit\/best-for-good-credit\/)\n  - [Fair credit](https:\/\/www.bankrate.com\/credit-cards\/building-credit\/best-for-fair-credit\/)\n  - [Bad credit](https:\/\/www.bankrate.com\/credit-cards\/bad-credit\/best-for-bad-credit\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/2e8651b174\/how-to-build-credit-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to build credit 7 min read](https:\/\/www.bankrate.com\/personal-finance\/credit\/how-to-build-credit-fast\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/5a53191033\/best-cards-for-building-credit-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Best cards for building credit Find out which credit cards could help](https:\/\/www.bankrate.com\/credit-cards\/building-credit\/best-for-no-credit-history\/)\n  \n  See what the experts say\n  \n  Read in-depth credit card reviews to find out which cards have the best perks and more.\n  \n  [Read card reviews](https:\/\/www.bankrate.com\/credit-cards\/reviews\/)\n  \n  Get guidance\n  \n  - [Credit card payoff calculator](https:\/\/www.bankrate.com\/credit-cards\/tools\/credit-card-payoff-calculator\/)\n  - [Balance transfer calculator](https:\/\/www.bankrate.com\/credit-cards\/tools\/credit-card-balance-transfer-calculator\/)\n  - [Credit utilization calculator](https:\/\/www.bankrate.com\/credit-cards\/tools\/credit-utilization-calculator\/)\n  - [Points and miles calculator](https:\/\/www.bankrate.com\/credit-cards\/tools\/points-and-miles-calculator\/)\n  - [All credit card calculators](https:\/\/www.bankrate.com\/credit-cards\/tools\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/43548bf9cd\/spender-type-tool-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Spender type tool Find cards that fit your needs](https:\/\/www.bankrate.com\/credit-cards\/tools\/spender-type-tool\/)\n  \n  Get advice\n  \n  - [Credit cards 101](https:\/\/www.bankrate.com\/credit-cards\/advice\/)\n  - [Balance transfer advice](https:\/\/www.bankrate.com\/credit-cards\/balance-transfer\/)\n  - [Zero interest credit cards](https:\/\/www.bankrate.com\/credit-cards\/zero-interest\/)\n  - [Rewards credit card advice](https:\/\/www.bankrate.com\/credit-cards\/rewards\/)\n  - [Cash back credit card advice](https:\/\/www.bankrate.com\/credit-cards\/cash-back\/)\n  - [Travel credit card advice](https:\/\/www.bankrate.com\/credit-cards\/travel\/)\n  - [Business credit card advice](https:\/\/www.bankrate.com\/credit-cards\/business\/)\n  \n  Build credit\n  \n  - [Advice for bad credit](https:\/\/www.bankrate.com\/credit-cards\/bad-credit\/)\n  - [Rebuilding credit score](https:\/\/www.bankrate.com\/credit-cards\/building-credit\/)\n  \n  [Explore all credit cards resources](https:\/\/www.bankrate.com\/credit-cards\/)\n- [Loans](https:\/\/www.bankrate.com\/loans\/)\n  All\n  \n  Loans\n  \n  Personal loans\n  \n  Auto loans\n  \n  Student loans\n  \n  Small business loans\n  \n  [Explore all loans resources](https:\/\/www.bankrate.com\/loans\/)\n  \n  Loans\n  \n  Compare lenders\n  \n  - [Best personal loans](https:\/\/www.bankrate.com\/loans\/personal-loans\/rates\/)\n  - [Best personal loans for bad credit](https:\/\/www.bankrate.com\/loans\/personal-loans\/bad-credit-loans\/)\n  - [Best debt consolidation loans](https:\/\/www.bankrate.com\/loans\/personal-loans\/debt-consolidation-loans\/)\n  - [Best home improvement loans](https:\/\/www.bankrate.com\/loans\/home-improvement\/rates\/)\n  \n  Get guidance\n  \n  - [Personal loan resources](https:\/\/www.bankrate.com\/loans\/personal-loans\/)\n  - [Personal loan lender reviews](https:\/\/www.bankrate.com\/loans\/personal-loans\/reviews\/)\n  - [Personal loans calculator](https:\/\/www.bankrate.com\/loans\/personal-loans\/personal-loan-calculator\/)\n  - [Average personal loan interest rates](https:\/\/www.bankrate.com\/loans\/personal-loans\/average-personal-loan-rates\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/38750a2d5a\/what-is-a-certified-financial-planner-s.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Personal loan basics 9 min read](https:\/\/www.bankrate.com\/loans\/personal-loans\/what-is-a-personal-loan\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/4c26764452\/how-to-start-saving.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to get a personal loan 11 min read](https:\/\/www.bankrate.com\/loans\/personal-loans\/how-to-get-personal-loan\/)\n  \n  Compare lenders\n  \n  - [Best auto loans](https:\/\/www.bankrate.com\/loans\/auto-loans\/rates\/)\n  - [Best auto loan refinance rates](https:\/\/www.bankrate.com\/loans\/auto-loans\/refinance-rates\/)\n  - [Best car loans for bad credit](https:\/\/www.bankrate.com\/loans\/auto-loans\/bad-credit-loans\/)\n  \n  Get guidance\n  \n  - [Auto loan resources](https:\/\/www.bankrate.com\/loans\/auto-loans\/)\n  - [Auto loan lender reviews](https:\/\/www.bankrate.com\/loans\/auto-loans\/reviews\/)\n  - [Auto loan calculator](https:\/\/www.bankrate.com\/loans\/auto-loans\/auto-loan-calculator\/)\n  - [Auto loan refinancing guide](https:\/\/www.bankrate.com\/loans\/auto-loans\/how-to-refinance-car-loan\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/d1a328a134\/auto-loan-refinancing-guide-nav.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to get the best auto loan rate 10 min read](https:\/\/www.bankrate.com\/loans\/auto-loans\/how-to-get-the-best-auto-loan-rate\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/720x720\/c481afa0d2\/auto-loan-refinancing-guide-s.jpg\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Auto loan basics 5 min read](https:\/\/www.bankrate.com\/loans\/auto-loans\/what-is-an-auto-loan\/)\n  \n  Compare lenders\n  \n  - [Student loan rates](https:\/\/www.bankrate.com\/loans\/student-loans\/rates\/)\n  - [Student loan refinancing rates](https:\/\/www.bankrate.com\/loans\/student-loans\/refinance-rates\/)\n  - [Best bad credit student loans](https:\/\/www.bankrate.com\/loans\/student-loans\/bad-credit-loans\/)\n  \n  Get guidance\n  \n  - [Student loan resources](https:\/\/www.bankrate.com\/loans\/student-loans\/)\n  - [Student loan lender reviews](https:\/\/www.bankrate.com\/loans\/student-loans\/reviews\/)\n  - [Student loan calculator](https:\/\/www.bankrate.com\/loans\/student-loans\/student-loan-calculator\/)\n  - [Student loan refinance calculator](https:\/\/www.bankrate.com\/loans\/student-loans\/student-loan-refinance-calculator\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/3d6f458d84\/how-to-start-investing-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Private student loan basics 10 min read](https:\/\/www.bankrate.com\/loans\/student-loans\/private-student-loans-guide\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/4c26764452\/how-to-start-saving.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to get a student loan 11 min read](https:\/\/www.bankrate.com\/loans\/student-loans\/how-to-get-student-loan\/)\n  \n  Compare lenders\n  \n  - [Best small business loans](https:\/\/www.bankrate.com\/loans\/small-business\/best-small-business-loans\/)\n  - [Bad credit small business loans](https:\/\/www.bankrate.com\/loans\/small-business\/bad-credit-business-loans\/)\n  - [Business lines of credit](https:\/\/www.bankrate.com\/loans\/small-business\/business-line-of-credit\/)\n  - [Small business loan banks](https:\/\/www.bankrate.com\/loans\/small-business\/best-banks-for-small-business-loans\/)\n  \n  Get guidance\n  \n  - [Small business loans resources](https:\/\/www.bankrate.com\/loans\/small-business\/)\n  - [Small business loan reviews](https:\/\/www.bankrate.com\/loans\/small-business\/reviews\/)\n  - [Small business loan calculator](https:\/\/www.bankrate.com\/loans\/small-business\/business-loan-calculator\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/4c26764452\/how-to-start-saving.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How small business loans work 9 min read](https:\/\/www.bankrate.com\/loans\/small-business\/how-do-small-business-loans-work\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/38750a2d5a\/what-is-a-certified-financial-planner-s.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to get a business loan 9 min read](https:\/\/www.bankrate.com\/loans\/small-business\/how-to-get-a-business-loan\/)\n  \n  [Explore all loans resources](https:\/\/www.bankrate.com\/loans\/)\n- [Home equity](https:\/\/www.bankrate.com\/home-equity\/)\n  All\n  \n  Home equity\n  \n  HELOC\n  \n  Home equity loans\n  \n  [Explore all home equity resources](https:\/\/www.bankrate.com\/home-equity\/)\n  \n  Home equity\n  \n  HELOC\n  \n  A HELOC is a variable-rate line of credit that lets you borrow funds for a set period and repay them later.\n  \n  [HELOC Rates](https:\/\/www.bankrate.com\/home-equity\/heloc-rates\/)\n  \n  Home equity basics\n  \n  - [Best HELOC lenders](https:\/\/www.bankrate.com\/home-equity\/heloc-lenders\/)\n  - [HELOC calculator](https:\/\/www.bankrate.com\/home-equity\/heloc-calculator\/)\n  - [What is a HELOC?](https:\/\/www.bankrate.com\/home-equity\/what-is-heloc\/)\n  - [Pros and cons of HELOCs](https:\/\/www.bankrate.com\/home-equity\/pros-cons-of-home-equity-lines\/)\n  - [Home equity lender reviews](https:\/\/www.bankrate.com\/home-equity\/reviews\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/e9e92b7729\/home-equity-heloc-guide-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) What is home equity? 8 min read](https:\/\/www.bankrate.com\/home-equity\/what-is-home-equity\/)\n  - [![Home purchase](https:\/\/www.bankrate.com\/f\/102997\/1280x720\/98576f9f53\/home-purchase.jpeg\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How to calculate home equity 6 min read](https:\/\/www.bankrate.com\/home-equity\/how-to-calculate-equity-in-your-home\/)\n  \n  Home equity loans\n  \n  Home equity loans let you borrow a lump sum at a fixed rate, based on how much of the home you own outright.\n  \n  [Home equity loan rates](https:\/\/www.bankrate.com\/home-equity\/home-equity-loan-rates\/)\n  \n  Get guidance\n  \n  - [What is a home equity loan?](https:\/\/www.bankrate.com\/home-equity\/what-is-home-equity-loan\/)\n  - [Home equity loan pros and cons](https:\/\/www.bankrate.com\/home-equity\/pros-cons-home-equity-loan\/)\n  - [Home equity loan requirements](https:\/\/www.bankrate.com\/home-equity\/requirements-to-borrow-from-home-equity\/)\n  - [HELOC vs home equity loan](https:\/\/www.bankrate.com\/home-equity\/home-equity-loan-vs-line-of-credit\/)\n  - [How to build home equity](https:\/\/www.bankrate.com\/home-equity\/how-to-build-equity-in-your-home\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/721x720\/bad3fd8f56\/heloc-lender-reviews-s.jpg\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Best home equity loan lenders Compare top home equity lenders](https:\/\/www.bankrate.com\/home-equity\/home-equity-loan-lenders\/)\n  - [![CD Rates](https:\/\/www.bankrate.com\/f\/102997\/1920x1080\/2654611691\/cd-rates.jpeg\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Home equity calculator Calculate how much you can borrow](https:\/\/www.bankrate.com\/home-equity\/home-equity-calculator\/)\n  \n  [Explore all home equity resources](https:\/\/www.bankrate.com\/home-equity\/)\n- [Insurance](https:\/\/www.bankrate.com\/insurance\/)\n  All\n  \n  Insurance\n  \n  Auto insurance\n  \n  Home insurance\n  \n  Tools & reviews\n  \n  [Explore all insurance resources](https:\/\/www.bankrate.com\/insurance\/)\n  \n  Insurance\n  \n  Compare rates\n  \n  - [Car insurance quotes](https:\/\/www.bankrate.com\/insurance\/car\/car-insurance-quotes\/)\n  - [Best car insurance companies](https:\/\/www.bankrate.com\/insurance\/car\/best-car-insurance-companies\/)\n  - [Cheapest car insurance companies](https:\/\/www.bankrate.com\/insurance\/car\/cheap-car-insurance-companies\/)\n  - [Compare car insurance rates](https:\/\/www.bankrate.com\/insurance\/car\/average-cost-of-car-insurance\/)\n  \n  Popular states\n  \n  - [California](https:\/\/www.bankrate.com\/insurance\/car\/california\/)\n  - [Florida](https:\/\/www.bankrate.com\/insurance\/car\/florida\/)\n  - [Texas](https:\/\/www.bankrate.com\/insurance\/car\/texas\/)\n  - [Ohio](https:\/\/www.bankrate.com\/insurance\/car\/ohio\/)\n  - [Auto insurance by state](https:\/\/www.bankrate.com\/insurance\/car\/states\/)\n  \n  - [![Person smiling while sitting in car](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/5bfb00cc0b\/auto-insurance-by-state.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) How much is car insurance? Average cost of car insurance](https:\/\/www.bankrate.com\/insurance\/car\/average-cost-of-car-insurance\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/20e5cbc3e7\/how-much-is-car-insurance-nav.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Car insurance resources Learn more about car insurance](https:\/\/www.bankrate.com\/insurance\/car\/)\n  \n  Compare rates\n  \n  - [Home insurance quotes](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/home-insurance-quotes\/)\n  - [Best home insurance companies](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/best-home-insurance-companies\/)\n  - [Cheapest home insurance companies](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/cheap-homeowners-insurance\/)\n  - [Best home and auto bundles](https:\/\/www.bankrate.com\/insurance\/car-and-home-insurance-bundle\/)\n  \n  Popular states\n  \n  - [California](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/california\/)\n  - [Florida](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/florida\/)\n  - [Texas](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/texas\/)\n  - [New Jersey](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/new-jersey\/)\n  - [Home insurance by state](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/states\/)\n  \n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/8af9dfc8a2\/home-insurance-by-state-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Home insurance cost Average cost of home insurance](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/homeowners-insurance-cost\/)\n  - [![](https:\/\/www.bankrate.com\/f\/102997\/1440x1440\/e85a91b40b\/how-much-is-home-insurance-nav-imagery.png\/m\/50x50\/filters:quality\$90\$:format\$webp\$) Home insurance resources Learn more about home insurance](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/)\n  \n  Calculators\n  \n  - [Car insurance calculator](https:\/\/www.bankrate.com\/insurance\/car\/car-insurance-calculator\/)\n  - [Home insurance calculator](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/home-insurance-calculator\/)\n  \n  Get guidance\n  \n  - [Allstate insurance review](https:\/\/www.bankrate.com\/insurance\/reviews\/allstate\/)\n  - [Progressive insurance review](https:\/\/www.bankrate.com\/insurance\/reviews\/progressive\/)\n  - [State Farm insurance review](https:\/\/www.bankrate.com\/insurance\/reviews\/state-farm\/)\n  - [Travelers insurance review](https:\/\/www.bankrate.com\/insurance\/reviews\/travelers\/)\n  - [Lemonade insurance review](https:\/\/www.bankrate.com\/insurance\/reviews\/lemonade\/)\n  \n  - [![Design element two people looking at a car](https:\/\/www.bankrate.com\/f\/102997\/475x270\/8e81cf93f6\/insurance_best_car_insurance_companies.webp\/m\/50x50\/filters:quality\$90\$:format\$webp\$) All insurance company reviews Browse insurance carrier reviews](https:\/\/www.bankrate.com\/insurance\/reviews\/)\n  \n  [Explore all insurance resources](https:\/\/www.bankrate.com\/insurance\/)\n\n{ closeNav(); closeSearch(); }\" :class=\"{ 'is-active': isNavOpen \\|\\| (\\$el.dataset.showOnSearch === '1' && isSearchOpen) }\"\\>\n\n{ closeNav(); closeSearch(); }\" :class=\"{ 'is-active': isNavOpen \\|\\| (\\$el.dataset.showOnSearch === '1' && isSearchOpen) }\"\\>\n\n0; } } catch (error) { this.searchSuggestions = \\[\\]; this.showSearchAutocomplete = false; } } }\" data-beam-element-viewed data-type=\"drawer\" data-location=\"site-nav\" data-name=\"search flyout\" data-position=\"top\" data-text=\"open search flyout\" data-outcome=\"open search flyout container\"\\>\n\n**Popular searches**\n\n- [Mortgage rates](https:\/\/www.bankrate.com\/mortgages\/mortgage-rates\/)\n- [Balance transfer credit cards](https:\/\/www.bankrate.com\/credit-cards\/balance-transfer\/best-balance-transfer-cards\/)\n- [Car insurance quotes](https:\/\/www.bankrate.com\/insurance\/car\/car-insurance-quotes\/)\n\n**Tools**\n\n- [Mortgage calculator](https:\/\/www.bankrate.com\/mortgages\/mortgage-calculator\/)\n- [Loan calculator](https:\/\/www.bankrate.com\/loans\/loan-calculator\/)\n- [CD calculator](https:\/\/www.bankrate.com\/banking\/cds\/cd-calculator\/)\n\n1. [Banking](https:\/\/www.bankrate.com\/banking\/)  ›\n2. [Savings](https:\/\/www.bankrate.com\/banking\/savings\/)  ›\n3. How to save money fast: 25 ways\n\nAdvertiser Disclosure\n\n# How to save money fast: 25 ways\n![Matthew Goldberg](https:\/\/www.bankrate.com\/2019\/02\/26150227\/Matt-2019-Headshot-275x275.jpg?auto=webp&quality=85&width=24&height=24&fit=cover&enable=upscale&crop=1:1,smart) ![Cindy Perman](https:\/\/www.bankrate.com\/brp\/2024\/11\/26130520\/Cindy-Perman-headshot-1.jpg?auto=webp&quality=85&width=24&height=24&fit=cover&enable=upscale&crop=1:1,smart)\n\nWritten by\n\nMatthew Goldberg\n\n,\n\n![](https:\/\/www.bankrate.com\/2019\/02\/26150227\/Matt-2019-Headshot-275x275.jpg?auto=webp&quality=85&width=64&height=64&fit=cover&enable=upscale&crop=1:1,smart)\n\n[Matthew Goldberg](https:\/\/www.bankrate.com\/authors\/matthew-goldberg\/)\n\nFormer Senior Consumer Banking Reporter\n\nCredentials\n\n- •  Property (Colorado)\n- •  Life (Colorado)\n\nExpertise\n\n- •  Consumer banking\n- •  Savings accounts and CDs\n\n26 Years of experience\n\nMatthew Goldberg is an award-winning writer who has been in financial services for more than 14 years. He uses his banking experience to help inform readers as they make important personal finance decisions.\n\n[Read more](https:\/\/www.bankrate.com\/authors\/matthew-goldberg\/)\n\n- [Connect with Matthew Goldberg on Twitter](https:\/\/twitter.com\/@mattatbankrate)\n- [Connect with Matthew Goldberg on LinkedIn](https:\/\/www.linkedin.com\/in\/mattgoldberg\/)\n- [Get in contact with Matthew Goldberg via Email](mailto:matthew.goldberg@bankrate.com)\n\nClose\n\n[Matthew Goldberg](https:\/\/www.bankrate.com\/authors\/matthew-goldberg\/),\n\nEdited by\n\nCindy Perman\n\n![](https:\/\/www.bankrate.com\/brp\/2024\/11\/26130520\/Cindy-Perman-headshot-1.jpg?auto=webp&quality=85&width=64&height=64&fit=cover&enable=upscale&crop=1:1,smart)\n\n[Cindy Perman](https:\/\/www.bankrate.com\/authors\/cindy-perman\/)\n\nEditor\n\nCindy Perman is a contributing editor for Bankrate. Previously, she was a news editor and writer for CNBC and WSJ.com.\n\n[Read more](https:\/\/www.bankrate.com\/authors\/cindy-perman\/)\n\n- [Connect with Cindy Perman on LinkedIn](https:\/\/www.linkedin.com\/in\/cindyperman)\n\nClose\n\n[Cindy Perman](https:\/\/www.bankrate.com\/authors\/cindy-perman\/)\n\nPublished on April 10, 2025 \\| 7 min read\n\nBankrate is always editorially independent. While we adhere to strict editorial integrity , this post may contain references to products from our partners. Here's an explanation for how we make money . Our Bankrate promise is to ensure everything we publish is objective, accurate and trustworthy.\n\n![Side view of father cooking food while daughter having apple in kitchen](https:\/\/www.bankrate.com\/2020\/02\/10184532\/How-to-save-money-fast.jpeg?auto=webp&optimize=high&crop=16:9)\n\nMaskot\/Getty Images\n\n## Key takeaways\n- Making even minor adjustments to your finances, such as canceling subscriptions or paying with cash, can add up quickly.\n- Consider automating your savings and bill payments to keep your budget in check.\n- Regularly evaluate your spending, from bank fees to energy consumption, to uncover opportunities for quick wins.\n\nAccording to [Bankrate’s latest emergency savings report](https:\/\/www.bankrate.com\/banking\/savings\/emergency-savings-report\/#no-emergency-savings), 27 percent of U.S. adults don’t have emergency savings and 59 percent feel uneasy about their current savings amount. Having an [emergency fund](https:\/\/www.bankrate.com\/banking\/savings\/starting-an-emergency-fund\/), ideally equivalent to three to six months’ worth of living expenses, and regularly saving money, can help you break free from the cycle of living paycheck to paycheck.\n\nWhether you want to learn how to save money fast to get peace of mind for unexpected bills or reap the benefits of putting more money into a high-yield savings account, we’ve compiled a list of25 tips to help you save money fast.\n\n## 1\\. **Assess your current financial habits**\nBefore you can make quick financial adjustments, it’s essential to understand your current financial habits. Consider tracking your expenses for a period of 30 days to identify unnecessary costs. Divide spending into [fixed and variable costs](https:\/\/www.bankrate.com\/personal-finance\/fixed-expenses-vs-variable-expenses\/). Fixed costs are rent, insurance premiums and car payments that don’t change monthly. Variable costs include grocery bills, gas, dining out, entertainment and other fluctuating expenses.\n\n## 2\\. Create a budget\n[Budgeting](https:\/\/www.bankrate.com\/banking\/how-to-make-a-monthly-budget\/) isn’t just about tracking expenses — it’s about taking control of your money. You can budget with pen and paper to tally up daily expenses or use paid or free budgeting tools or apps. Apps like You Need A Budget (YNAB) or Monarch can help you track spending, set financial goals and save more effectively. Knowing where your money goes allows you to [make smarter spending decisions](https:\/\/www.bankrate.com\/banking\/savings\/ways-to-save-money-on-a-tight-budget\/) and cut out miscellaneous costs to help you save money fast.\n\n## 3\\. **Work on paying down debt**\n[High-interest debt](https:\/\/www.bankrate.com\/loans\/personal-loans\/how-interest-rates-affect-debt\/), particularly credit card balances, can erode your financial progress. Paying off these debts quickly reduces the amount you lose to interest, allowing you to redirect more money into savings. Using the debt snowball or avalanche method can help you stay focused on repayment.\n\n## 4\\. **Consider alternate forms of transportation**\nAccording to a recent research study by the Bureau of Transportation Statistics, [52 percent](https:\/\/www.energy.gov\/eere\/vehicles\/articles\/fotw-1230-march-21-2022-more-half-all-daily-trips-were-less-three-miles-2021) of all trips are less than three miles, and 28 percent are less than one mile. Walking or biking instead of driving can significantly cut gas, maintenance and insurance costs. If public transit is an option, compare costs to see if you can save money by commuting differently.\n\n## 5\\. Examine your subscriptions\nMany people unknowingly spend money on unused subscriptions. Review your credit card and bank statements to identify and cancel services you no longer need. [Apps that track your subscriptions](https:\/\/www.bankrate.com\/banking\/savings\/best-apps-to-manage-subscriptions\/), such as Rocket Money and Bobby, can help you manage recurring expenses.\n\nPro tip\n\nIf you can afford it, opt for annual payment plans for the services you use most often. These often provide 10 percent to 20 percent discounts compared to monthly billing.\n## 6\\. Automate your savings\nMany online banks and apps like Qapital allow you to [automate your savings](https:\/\/www.bankrate.com\/banking\/savings\/grow-your-savings-with-automatic-transfers\/#what-it-means) by regularly rounding up your purchases or transferring small amounts into your savings account. Automation ensures you are consistently putting money away without manual intervention.\n\n## 7\\. Set up automatic bill payments\nLate fees from missed manual payments can add up quickly. Avoid these costly fees by automating bill payments so you never miss an important due date. Just ensure your account has sufficient funds to prevent [overdraft fees](https:\/\/www.bankrate.com\/banking\/checking\/what-is-an-overdraft-fee\/).\n\n## 8\\. Switch banks for better interest rates and fewer fees\nTraditional banks may charge fees that chip away at your savings. Consider switching to an [online-only bank](https:\/\/www.bankrate.com\/banking\/best-online-banks\/), many of which offer fee-free checking and higher-interest savings accounts.\n\nOnline banks can offer savings accounts with [annual percentage yields (APYs)](https:\/\/www.bankrate.com\/banking\/savings\/what-is-apy\/) of more than 4 percent, compared with less than 1 percent at traditional banks.\n\n**Explore: [Best high-yield savings accounts](https:\/\/www.bankrate.com\/banking\/savings\/best-high-yield-interests-savings-accounts\/)**\n\nPro tip\n\nLook for promotional bonuses — many banks offer [cash incentives](https:\/\/www.bankrate.com\/banking\/best-bank-account-bonuses\/) of up to \\$3,000 for opening new accounts.\n## 9\\. Open a short-term certificate of deposit (CD)\nA certificate of deposit (CD) is a great way to grow your savings if you can afford to lock away some money temporarily. [They offer a fixed interest rate](https:\/\/www.bankrate.com\/banking\/cds\/what-is-a-cd\/), often higher than savings accounts.\n\nCurrently, [one-year CDs](https:\/\/www.bankrate.com\/banking\/cds\/best-1-year-cd-rates\/) can yield over 4 percent APY, a solid return on your money.\n\n**Read more: [Best CD rates](https:\/\/www.bankrate.com\/banking\/cds\/cd-rates\/)**\n\n## 10\\. Use rewards and loyalty programs\nJoining rewards programs at grocery stores, pharmacies or retail chains can be an easy way to maximize your budget. Loyalty programs can save households hundreds of dollars annually, especially with coupons and special offers. With that said, be wary of promotional offers that tempt you into spending more than you had planned.\n\nPro tip\n\nChoose a [credit card rewards program](https:\/\/www.bankrate.com\/credit-cards\/rewards\/best-credit-card-rewards-programs\/#boa) that aligns with your lifestyle. For example, if you love to travel, consider a credit card that offers free stays as part of its reward structure.\n## 11\\. Pay with cash or set spending limits\nPsychologically, it’s harder to part with physical cash than to swipe a card, so paying with cash for everyday expenses can curb impulse purchases like that new game or the next round of drinks.\n\nOn the other hand, if a credit card fits your lifestyle better, you can take advantage of some safety nets. For example, many banks allow you to set spending limits or alerts on your credit cards, which help you control your spending and avoid losing money.\n\n## 12\\. Stop paying for convenience services\nAmericans spend a lot on convenience services — over [\\$400 per month](https:\/\/www.usatoday.com\/story\/money\/personalfinance\/2023\/09\/28\/americans-spending-big-amazon-doordash-delivery\/70985566007\/) on delivery alone. To start recouping some of that money, stop outsourcing your services and “insource” instead. Cooking at home or doing minor household repairs can add up to significant, fast savings.\n\nPro tip\n\nUse meal-planning apps like Mealime or Yummly to plan affordable meals at home. Pair these with batch cooking sessions to maximize your time and reduce midweek stress.\n## 13\\. Earn cash back on everyday purchases\nIf you need to use credit, make sure you’re rewarded. Apps like Rakuten and Ibotta provide additional savings when shopping online or in-store. [Cash back credit cards](https:\/\/www.bankrate.com\/credit-cards\/cash-back\/best-cash-back-cards\/) often offer up to 5 percent cash back on various categories such as groceries, dining and online shopping. Just remember to pay off the balance each month to avoid interest charges.\n\n## 14\\. Buy in bulk\nBuying in bulk from stores like Costco or Sam’s Club can save you a lot of money in the long term, particularly for non-perishable items. Bulk buying can reduce your shopping costs significantly, especially if you’re carefully watching the cost per unit (CPU).\n\nHowever, be cautious — buying perishable goods in bulk could lead to food waste. Make sure to store items properly to maximize shelf life.\n\n## 15\\. Clip coupons\nSites like Honey and RetailMeNot make finding and applying digital coupons at checkout easy. According to [CouponFollow](https:\/\/couponfollow.com\/research\/coupon-data-study), a leading coupon company, households that use coupons can save as much as \\$1,465 annually.\n\nPair coupon usage with in-store promotions for deeper discounts and automate your coupon clippings by installing a mobile app or browser extension that automatically finds and applies coupons at checkout.\n\nPro tip\n\nSign up for newsletters or join social media groups where coupon deals are shared regularly.\n## 16\\. Refinance loans to get lower rates\n[Refinancing](https:\/\/www.bankrate.com\/mortgages\/refinance-rates\/) replaces your current loan with one that has better terms, such as a lower interest rate. This usually means lower payments every month. It also helps you pay off the loan faster and spend less on interest over time. Even a small drop in interest can lead to significant savings.\n\nHowever, refinancing isn’t free. According to Freddie Mac, switching a mortgage often costs about [3 percent to 6 percent](https:\/\/myhome.freddiemac.com\/refinancing\/planning-to-refinance#:~:text=You%20can%20expect%20to%20spend,lender%20or%20a%20new%20lender.) of the new loan amount, depending on your loan and where you live. Always compare offers from different lenders to find the best rate.\n\n## 17\\. Shop for better insurance rates\nMany people stick with the same insurance provider for years, not realizing they could save hundreds by switching. Shop around and compare quotes on [car](https:\/\/www.bankrate.com\/insurance\/car\/), [home](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/cheap-homeowners-insurance\/) or [renters](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/best-renters-insurance-companies\/#do-i-need-renters-insurance) insurance.\n\nYou can also consider [bundling your home and car insurance](https:\/\/www.bankrate.com\/insurance\/car-and-home-insurance-bundle\/) for the best deals.\n\n## 18\\. Use a no-fee credit card\nIf your credit card charges an annual fee, consider downgrading to a no-fee option. Many companies, such as Citi or American Express, offer [no-annual-fee credit card alternatives](https:\/\/www.bankrate.com\/credit-cards\/rewards\/best-no-annual-fee-cards\/) that still provide rewards without the added cost.\n\n## 19\\. Plan no-spend days\n[No-spend challenges](https:\/\/www.bankrate.com\/personal-finance\/no-spend-challenge\/) are an effective way to reset your budget and become more mindful of unnecessary expenses. Challenge yourself to go without spending money on anything outside of essential costs like groceries, bills and transportation for a set period, like one day per week or one week per month.\n\n## 20\\. Eliminate one spending habit\nEliminating one costly habit — whether it’s your daily coffee, subscription boxes or online shopping sprees — can save hundreds, if not thousands, annually. Identify a habit and commit to reducing or eliminating it to free up extra cash for savings.\n\n## 21\\. Buy secondhand or get used items for free\nOnline platforms such as Poshmark, Depop and ThredUp offer gently used clothing and household goods at a fraction of their original price.\n\nBuying secondhand can save you a significant amount of money compared to buying new. For example, purchasing used clothing can save about [\\$900](https:\/\/www.thecommons.earth\/blog\/the-myth-and-potential-of-sustainable-fashion#:~:text=Annual%20estimated%20cost%20savings%3A%20$900,upwards%20of%20$900%20per%20year.) a year. Big-ticket items such as furniture, electronics and home improvement tools are often available in excellent condition at consignment shops or on online platforms such as Craigslist and Facebook Marketplace.\n\n## 22\\. Embrace DIY projects\nThe do-it-yourself, or DIY, movement continues to grow thanks to countless online resources created to help you complete projects at home for a fraction of the cost of hiring professionals. Painting your own home, for example, could save between [\\$500 and \\$5,000](https:\/\/www.bankrate.com\/homeownership\/how-much-does-it-cost-to-paint-a-house\/).\n\nSimple DIY tasks such as painting, landscaping or sewing can cut expenses while adding a personal touch to your space or wardrobe. Platforms such as YouTube offer tutorials to help you learn basic car maintenance or home repairs, saving money over time by allowing you to handle small fixes yourself.\n\n## 23\\. Reduce your energy bills\nSmall changes and [energy-efficient home upgrades](https:\/\/www.bankrate.com\/homeownership\/low-cost-eco-friendly-home-upgrades\/), such as installing a programmable thermostat, adding weather stripping to doors and windows or switching to energy-efficient appliances, can reduce utility bills month after month.\n\nAccording to the U.S. Department of Energy, setting your thermostat back 7 to 10 degrees Fahrenheit for eight hours a day can save up to [10 percent](https:\/\/www.energy.gov\/energysaver\/programmable-thermostats#:~:text=You%20can%20save%20as%20much,those%20in%20more%20severe%20climates.) on annual energy bills. Many energy companies also provide rebates and tax incentives for eco-friendly home improvements, boosting your savings even more.\n\n## 24\\. Take advantage of credit card rewards\nGetting the most out of your [credit card rewards](https:\/\/www.bankrate.com\/credit-cards\/rewards\/best-rewards-cards\/) can require a slight learning curve, but it can be worth the effort when done right. Before you make any large purchases, check which card gives you the best return on spending. Shop around for credit cards with introductory offers that give you extra points or miles just for signing up.\n\n## 25\\. Improve your credit score\nRaising your credit score can save you thousands on everything from credit cards to [homeowners insurance](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/does-credit-score-affect-home-insurance\/). Regularly review your credit reports from Experian, Equifax and TransUnion to catch errors or signs of fraud. If you find any mistakes, [dispute them](https:\/\/www.bankrate.com\/personal-finance\/credit\/how-to-clean-up-a-credit-report\/) with the appropriate credit reporting agency.\n\nTo [improve your score](https:\/\/www.bankrate.com\/personal-finance\/credit\/how-to-build-credit-fast\/), focus on making payments on time and reducing your [credit utilization ratio](https:\/\/www.bankrate.com\/credit-cards\/advice\/credit-utilization-ratio\/). Avoid applying for new accounts too frequently, as each application triggers a hard inquiry that can temporarily lower your score.\n\n## The bottom line\nSaving money fast isn’t just about cutting expenses — it’s about making smarter financial choices. By reassessing spending habits, leveraging cash-back rewards and automating savings, you can create financial breathing room and adjust your finances quickly.\n\nWhether you’re building an emergency fund, tackling debt or saving for a major purchase, implementing even just a few of these tips can help you make meaningful progress.\n\nDid you find this page helpful?\n\n**Why we ask for feedback** Your feedback helps us improve our content and services. It takes less than a minute to complete.\n\nYour responses are anonymous and will only be used for improving our website.\n\nHelp us improve our content\n\nYes\n\nNo\n\nThank you for your feedback\\!\n\nYour input helps us improve our content and services.\n\nCite us\n\nShare this article\n\nShare this article\n\nClose\n\n![](https:\/\/www.bankrate.com\/2019\/02\/26150227\/Matt-2019-Headshot-275x275.jpg?auto=webp&quality=85&width=96&height=96&fit=cover&enable=upscale&crop=1:1,smart)\n\nWritten by\n\n[Matthew Goldberg](https:\/\/www.bankrate.com\/authors\/matthew-goldberg\/)\n\nFormer Senior Consumer Banking Reporter\n\n- [Connect with Matthew Goldberg on Twitter](https:\/\/twitter.com\/@mattatbankrate)\n- [Connect with Matthew Goldberg on LinkedIn](https:\/\/www.linkedin.com\/in\/mattgoldberg\/)\n- [Get in contact with Matthew Goldberg via Email](mailto:matthew.goldberg@bankrate.com)\n\n[Read more from Matthew](https:\/\/www.bankrate.com\/authors\/matthew-goldberg\/)\n\nMatthew Goldberg is an award-winning writer who has been in financial services for more than 14 years. He uses his banking experience to help inform readers as they make important personal finance decisions.\n\n![Side view of father cooking food while daughter having apple in kitchen](https:\/\/www.bankrate.com\/2020\/02\/10184532\/How-to-save-money-fast.jpeg?auto=webp&optimize=high&crop=16:9)\n\nMaskot\/Getty Images\n\nBankrate is always editorially independent. While we adhere to strict editorial integrity , this post may contain references to products from our partners. Here's an explanation for how we make money . Our Bankrate promise is to ensure everything we publish is objective, accurate and trustworthy.\n\n## You may also like\n![Business colleagues having a conversation](https:\/\/www.bankrate.com\/2024\/03\/25181838\/places-to-save-your-extra-money.jpeg)\n\n[7 places to save your extra money](https:\/\/www.bankrate.com\/banking\/savings\/places-to-save-your-extra-money\/)\n\nSavings\n\nBy [Karen Bennett](https:\/\/www.bankrate.com\/authors\/karen-bennett\/)\n\n5 min read\n\n![Happy woman reacting to news from her laptop](https:\/\/www.bankrate.com\/2023\/06\/06174250\/GettyImages-1306153899.jpeg)\n\n[5 ways to grow your savings with automatic transfers](https:\/\/www.bankrate.com\/banking\/savings\/grow-your-savings-with-automatic-transfers\/)\n\nSavings\n\nBy [René Bennett](https:\/\/www.bankrate.com\/authors\/rene-bennett\/)\n\n3 min read\n\n![A woman reading the label on a food item while out shopping for groceries in her local supermarket.](https:\/\/www.bankrate.com\/brp\/2024\/10\/14170448\/how-to-save-money-on-everyday-purchases-300x169.jpg)\n\n[How to save money on everyday purchases](https:\/\/www.bankrate.com\/personal-finance\/save-on-everyday-purchases\/)\n\nPersonal Finance\n\nBy [Karen Bennett](https:\/\/www.bankrate.com\/authors\/karen-bennett\/)\n\n7 min read\n\n![](https:\/\/www.bankrate.com\/brp\/2025\/01\/04134522\/Deposits-14-easy-tips-to-help-you-save-money-without-going-to-a-lot-of-effort-300x169.jpg)\n\n[How to save money: 14 easy tips](https:\/\/www.bankrate.com\/banking\/savings\/how-to-save-money\/)\n\nSavings\n\nBy [Karen Bennett](https:\/\/www.bankrate.com\/authors\/karen-bennett\/)\n\n7 min read\n\n## [Bankrate logo](https:\/\/www.bankrate.com\/)\n### About\n- [About us](https:\/\/www.bankrate.com\/about\/)\n- [Leadership](https:\/\/www.bankrate.com\/leadership\/)\n- [Press room](https:\/\/www.bankrate.com\/press-releases\/)\n- [Bankrate Data Center](https:\/\/www.bankrate.com\/data-center\/)\n- [Careers](https:\/\/www.bankrate.com\/careers\/)\n- [Site map](https:\/\/www.bankrate.com\/corporate\/site-map\/)\n\n### Help\n- [Compare rates](https:\/\/www.bankrate.com\/compare-rates\/)\n- [Latest news](https:\/\/www.bankrate.com\/news\/)\n- [Popular topics](https:\/\/www.bankrate.com\/popular-finance-topics\/)\n- [Advertise with us](https:\/\/www.bankrate.com\/media-kit\/)\n\n### Legal\n- [Privacy policy](https:\/\/www.bankrate.com\/privacy\/)\n- Cookie settings\n- [Do Not Sell or Share My Personal Information](https:\/\/www.bankrate.com\/do-not-sell-or-share-my-personal-information\/)\n- [Consumer Health Information Privacy Policy](https:\/\/www.bankrate.com\/consumer-health-information-privacy-policy\/)\n- [Understanding Bankrate’s averages](https:\/\/www.bankrate.com\/understanding-bankrates-rate-averages\/)\n- [Terms of use](https:\/\/www.bankrate.com\/terms\/)\n- [GLBA annual notice](https:\/\/www.bankrate.com\/glba-notice\/)\n- [California Consumer Financial Privacy Notice](https:\/\/www.bankrate.com\/2022\/02\/15094901\/california-notice.pdf)\n- [Licenses](https:\/\/www.bankrate.com\/licenses\/)\n\n### How we make money\nBankrate.com is an independent, advertising-supported publisher and comparison service. Our websites may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened. Therefore, this compensation may impact what products appear and how, where, and in what order they appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service.\n\nBankrate, LLC NMLS ID\\# 1427381 \\| [NMLS Consumer Access](http:\/\/www.nmlsconsumeraccess.org\/EntityDetails.aspx\/COMPANY\/1427381)  \n BR Tech Services, Inc. NMLS ID \\#1743443 \\| [NMLS Consumer Access](http:\/\/www.nmlsconsumeraccess.org\/EntityDetails.aspx\/COMPANY\/1743443)\n\n© 2026 Bankrate, LLC. A Red Ventures company. All Rights Reserved.","attrs_readable_markdown":"## Key takeaways\n- Making even minor adjustments to your finances, such as canceling subscriptions or paying with cash, can add up quickly.\n- Consider automating your savings and bill payments to keep your budget in check.\n- Regularly evaluate your spending, from bank fees to energy consumption, to uncover opportunities for quick wins.\n\nAccording to [Bankrate’s latest emergency savings report](https:\/\/www.bankrate.com\/banking\/savings\/emergency-savings-report\/#no-emergency-savings), 27 percent of U.S. adults don’t have emergency savings and 59 percent feel uneasy about their current savings amount. Having an [emergency fund](https:\/\/www.bankrate.com\/banking\/savings\/starting-an-emergency-fund\/), ideally equivalent to three to six months’ worth of living expenses, and regularly saving money, can help you break free from the cycle of living paycheck to paycheck.\n\nWhether you want to learn how to save money fast to get peace of mind for unexpected bills or reap the benefits of putting more money into a high-yield savings account, we’ve compiled a list of25 tips to help you save money fast.\n\n## 1\\. **Assess your current financial habits**\nBefore you can make quick financial adjustments, it’s essential to understand your current financial habits. Consider tracking your expenses for a period of 30 days to identify unnecessary costs. Divide spending into [fixed and variable costs](https:\/\/www.bankrate.com\/personal-finance\/fixed-expenses-vs-variable-expenses\/). Fixed costs are rent, insurance premiums and car payments that don’t change monthly. Variable costs include grocery bills, gas, dining out, entertainment and other fluctuating expenses.\n\n## 2\\. Create a budget\n[Budgeting](https:\/\/www.bankrate.com\/banking\/how-to-make-a-monthly-budget\/) isn’t just about tracking expenses — it’s about taking control of your money. You can budget with pen and paper to tally up daily expenses or use paid or free budgeting tools or apps. Apps like You Need A Budget (YNAB) or Monarch can help you track spending, set financial goals and save more effectively. Knowing where your money goes allows you to [make smarter spending decisions](https:\/\/www.bankrate.com\/banking\/savings\/ways-to-save-money-on-a-tight-budget\/) and cut out miscellaneous costs to help you save money fast.\n\n## 3\\. **Work on paying down debt**\n[High-interest debt](https:\/\/www.bankrate.com\/loans\/personal-loans\/how-interest-rates-affect-debt\/), particularly credit card balances, can erode your financial progress. Paying off these debts quickly reduces the amount you lose to interest, allowing you to redirect more money into savings. Using the debt snowball or avalanche method can help you stay focused on repayment.\n\n## 4\\. **Consider alternate forms of transportation**\nAccording to a recent research study by the Bureau of Transportation Statistics, [52 percent](https:\/\/www.energy.gov\/eere\/vehicles\/articles\/fotw-1230-march-21-2022-more-half-all-daily-trips-were-less-three-miles-2021) of all trips are less than three miles, and 28 percent are less than one mile. Walking or biking instead of driving can significantly cut gas, maintenance and insurance costs. If public transit is an option, compare costs to see if you can save money by commuting differently.\n\n## 5\\. Examine your subscriptions\nMany people unknowingly spend money on unused subscriptions. Review your credit card and bank statements to identify and cancel services you no longer need. [Apps that track your subscriptions](https:\/\/www.bankrate.com\/banking\/savings\/best-apps-to-manage-subscriptions\/), such as Rocket Money and Bobby, can help you manage recurring expenses.\n\n## 6\\. Automate your savings\nMany online banks and apps like Qapital allow you to [automate your savings](https:\/\/www.bankrate.com\/banking\/savings\/grow-your-savings-with-automatic-transfers\/#what-it-means) by regularly rounding up your purchases or transferring small amounts into your savings account. Automation ensures you are consistently putting money away without manual intervention.\n\n## 7\\. Set up automatic bill payments\nLate fees from missed manual payments can add up quickly. Avoid these costly fees by automating bill payments so you never miss an important due date. Just ensure your account has sufficient funds to prevent [overdraft fees](https:\/\/www.bankrate.com\/banking\/checking\/what-is-an-overdraft-fee\/).\n\n## 8\\. Switch banks for better interest rates and fewer fees\nTraditional banks may charge fees that chip away at your savings. Consider switching to an [online-only bank](https:\/\/www.bankrate.com\/banking\/best-online-banks\/), many of which offer fee-free checking and higher-interest savings accounts.\n\nOnline banks can offer savings accounts with [annual percentage yields (APYs)](https:\/\/www.bankrate.com\/banking\/savings\/what-is-apy\/) of more than 4 percent, compared with less than 1 percent at traditional banks.\n\n**Explore: [Best high-yield savings accounts](https:\/\/www.bankrate.com\/banking\/savings\/best-high-yield-interests-savings-accounts\/)**\n\n## 9\\. Open a short-term certificate of deposit (CD)\nA certificate of deposit (CD) is a great way to grow your savings if you can afford to lock away some money temporarily. [They offer a fixed interest rate](https:\/\/www.bankrate.com\/banking\/cds\/what-is-a-cd\/), often higher than savings accounts.\n\nCurrently, [one-year CDs](https:\/\/www.bankrate.com\/banking\/cds\/best-1-year-cd-rates\/) can yield over 4 percent APY, a solid return on your money.\n\n**Read more: [Best CD rates](https:\/\/www.bankrate.com\/banking\/cds\/cd-rates\/)**\n\n## 10\\. Use rewards and loyalty programs\nJoining rewards programs at grocery stores, pharmacies or retail chains can be an easy way to maximize your budget. Loyalty programs can save households hundreds of dollars annually, especially with coupons and special offers. With that said, be wary of promotional offers that tempt you into spending more than you had planned.\n\n## 11\\. Pay with cash or set spending limits\nPsychologically, it’s harder to part with physical cash than to swipe a card, so paying with cash for everyday expenses can curb impulse purchases like that new game or the next round of drinks.\n\nOn the other hand, if a credit card fits your lifestyle better, you can take advantage of some safety nets. For example, many banks allow you to set spending limits or alerts on your credit cards, which help you control your spending and avoid losing money.\n\n## 12\\. Stop paying for convenience services\nAmericans spend a lot on convenience services — over [\\$400 per month](https:\/\/www.usatoday.com\/story\/money\/personalfinance\/2023\/09\/28\/americans-spending-big-amazon-doordash-delivery\/70985566007\/) on delivery alone. To start recouping some of that money, stop outsourcing your services and “insource” instead. Cooking at home or doing minor household repairs can add up to significant, fast savings.\n\n## 13\\. Earn cash back on everyday purchases\nIf you need to use credit, make sure you’re rewarded. Apps like Rakuten and Ibotta provide additional savings when shopping online or in-store. [Cash back credit cards](https:\/\/www.bankrate.com\/credit-cards\/cash-back\/best-cash-back-cards\/) often offer up to 5 percent cash back on various categories such as groceries, dining and online shopping. Just remember to pay off the balance each month to avoid interest charges.\n\n## 14\\. Buy in bulk\nBuying in bulk from stores like Costco or Sam’s Club can save you a lot of money in the long term, particularly for non-perishable items. Bulk buying can reduce your shopping costs significantly, especially if you’re carefully watching the cost per unit (CPU).\n\nHowever, be cautious — buying perishable goods in bulk could lead to food waste. Make sure to store items properly to maximize shelf life.\n\n## 15\\. Clip coupons\nSites like Honey and RetailMeNot make finding and applying digital coupons at checkout easy. According to [CouponFollow](https:\/\/couponfollow.com\/research\/coupon-data-study), a leading coupon company, households that use coupons can save as much as \\$1,465 annually.\n\nPair coupon usage with in-store promotions for deeper discounts and automate your coupon clippings by installing a mobile app or browser extension that automatically finds and applies coupons at checkout.\n\n## 16\\. Refinance loans to get lower rates\n[Refinancing](https:\/\/www.bankrate.com\/mortgages\/refinance-rates\/) replaces your current loan with one that has better terms, such as a lower interest rate. This usually means lower payments every month. It also helps you pay off the loan faster and spend less on interest over time. Even a small drop in interest can lead to significant savings.\n\nHowever, refinancing isn’t free. According to Freddie Mac, switching a mortgage often costs about [3 percent to 6 percent](https:\/\/myhome.freddiemac.com\/refinancing\/planning-to-refinance#:~:text=You%20can%20expect%20to%20spend,lender%20or%20a%20new%20lender.) of the new loan amount, depending on your loan and where you live. Always compare offers from different lenders to find the best rate.\n\n## 17\\. Shop for better insurance rates\nMany people stick with the same insurance provider for years, not realizing they could save hundreds by switching. Shop around and compare quotes on [car](https:\/\/www.bankrate.com\/insurance\/car\/), [home](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/cheap-homeowners-insurance\/) or [renters](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/best-renters-insurance-companies\/#do-i-need-renters-insurance) insurance.\n\nYou can also consider [bundling your home and car insurance](https:\/\/www.bankrate.com\/insurance\/car-and-home-insurance-bundle\/) for the best deals.\n\n## 18\\. Use a no-fee credit card\nIf your credit card charges an annual fee, consider downgrading to a no-fee option. Many companies, such as Citi or American Express, offer [no-annual-fee credit card alternatives](https:\/\/www.bankrate.com\/credit-cards\/rewards\/best-no-annual-fee-cards\/) that still provide rewards without the added cost.\n\n## 19\\. Plan no-spend days\n[No-spend challenges](https:\/\/www.bankrate.com\/personal-finance\/no-spend-challenge\/) are an effective way to reset your budget and become more mindful of unnecessary expenses. Challenge yourself to go without spending money on anything outside of essential costs like groceries, bills and transportation for a set period, like one day per week or one week per month.\n\n## 20\\. Eliminate one spending habit\nEliminating one costly habit — whether it’s your daily coffee, subscription boxes or online shopping sprees — can save hundreds, if not thousands, annually. Identify a habit and commit to reducing or eliminating it to free up extra cash for savings.\n\n## 21\\. Buy secondhand or get used items for free\nOnline platforms such as Poshmark, Depop and ThredUp offer gently used clothing and household goods at a fraction of their original price.\n\nBuying secondhand can save you a significant amount of money compared to buying new. For example, purchasing used clothing can save about [\\$900](https:\/\/www.thecommons.earth\/blog\/the-myth-and-potential-of-sustainable-fashion#:~:text=Annual%20estimated%20cost%20savings%3A%20$900,upwards%20of%20$900%20per%20year.) a year. Big-ticket items such as furniture, electronics and home improvement tools are often available in excellent condition at consignment shops or on online platforms such as Craigslist and Facebook Marketplace.\n\n## 22\\. Embrace DIY projects\nThe do-it-yourself, or DIY, movement continues to grow thanks to countless online resources created to help you complete projects at home for a fraction of the cost of hiring professionals. Painting your own home, for example, could save between [\\$500 and \\$5,000](https:\/\/www.bankrate.com\/homeownership\/how-much-does-it-cost-to-paint-a-house\/).\n\nSimple DIY tasks such as painting, landscaping or sewing can cut expenses while adding a personal touch to your space or wardrobe. Platforms such as YouTube offer tutorials to help you learn basic car maintenance or home repairs, saving money over time by allowing you to handle small fixes yourself.\n\n## 23\\. Reduce your energy bills\nSmall changes and [energy-efficient home upgrades](https:\/\/www.bankrate.com\/homeownership\/low-cost-eco-friendly-home-upgrades\/), such as installing a programmable thermostat, adding weather stripping to doors and windows or switching to energy-efficient appliances, can reduce utility bills month after month.\n\nAccording to the U.S. Department of Energy, setting your thermostat back 7 to 10 degrees Fahrenheit for eight hours a day can save up to [10 percent](https:\/\/www.energy.gov\/energysaver\/programmable-thermostats#:~:text=You%20can%20save%20as%20much,those%20in%20more%20severe%20climates.) on annual energy bills. Many energy companies also provide rebates and tax incentives for eco-friendly home improvements, boosting your savings even more.\n\n## 24\\. Take advantage of credit card rewards\nGetting the most out of your [credit card rewards](https:\/\/www.bankrate.com\/credit-cards\/rewards\/best-rewards-cards\/) can require a slight learning curve, but it can be worth the effort when done right. Before you make any large purchases, check which card gives you the best return on spending. Shop around for credit cards with introductory offers that give you extra points or miles just for signing up.\n\n## 25\\. Improve your credit score\nRaising your credit score can save you thousands on everything from credit cards to [homeowners insurance](https:\/\/www.bankrate.com\/insurance\/homeowners-insurance\/does-credit-score-affect-home-insurance\/). Regularly review your credit reports from Experian, Equifax and TransUnion to catch errors or signs of fraud. If you find any mistakes, [dispute them](https:\/\/www.bankrate.com\/personal-finance\/credit\/how-to-clean-up-a-credit-report\/) with the appropriate credit reporting agency.\n\nTo [improve your score](https:\/\/www.bankrate.com\/personal-finance\/credit\/how-to-build-credit-fast\/), focus on making payments on time and reducing your [credit utilization ratio](https:\/\/www.bankrate.com\/credit-cards\/advice\/credit-utilization-ratio\/). Avoid applying for new accounts too frequently, as each application triggers a hard inquiry that can temporarily lower your score.\n\n## The bottom line\nSaving money fast isn’t just about cutting expenses — it’s about making smarter financial choices. By reassessing spending habits, leveraging cash-back rewards and automating savings, you can create financial breathing room and adjust your finances quickly.\n\nWhether you’re building an emergency fund, tackling debt or saving for a major purchase, implementing even just a few of these tips can help you make meaningful progress.\n\nDid you find this page helpful?\n\nHelp us improve our content","meta_canonical":null}

3. Robots.txt Check

Query:

Response:

4. Spam/Ban Check

Query:

Response:

5. Seen Status Check

ℹ️ Skipped - page is already crawled

📄

INDEXABLE

✅

CRAWLED

12 hours ago

🤖

ROBOTS ALLOWED

Page Info Filters

Filter	Status	Condition	Details
HTTP status	PASS	`download_http_code = 200`	HTTP 200
Age cutoff	PASS	`download_stamp > now() - 6 MONTH`	0 months ago
History drop	PASS	`isNull(history_drop_reason)`	No drop reason
Spam/ban	PASS	`fh_dont_index != 1 AND ml_spam_score = 0`	ml_spam_score=0
Canonical	PASS	`meta_canonical IS NULL OR = '' OR = src_unparsed`	Not set

Page Details

Property	Value
URL	https://www.bankrate.com/banking/savings/how-to-save-money-fast/
Last Crawled	2026-04-17 03:28:10 (12 hours ago)
First Indexed	2017-12-18 23:27:19 (8 years ago)
HTTP Status Code	200
Meta Title	How To Save Money Fast: 25 Ways \| Bankrate
Meta Description	Discover tips to save money fast, from creating a budget to automating savings, that can help boost your emergency fund in no time., Discover tips to save money fast, from creating a budget to automating savings, that can help boost your emergency fund in no time.
Meta Canonical	null
Boilerpipe Text	Key takeaways Making even minor adjustments to your finances, such as canceling subscriptions or paying with cash, can add up quickly. Consider automating your savings and bill payments to keep your budget in check. Regularly evaluate your spending, from bank fees to energy consumption, to uncover opportunities for quick wins. According to Bankrate’s latest emergency savings report , 27 percent of U.S. adults don’t have emergency savings and 59 percent feel uneasy about their current savings amount. Having an emergency fund , ideally equivalent to three to six months’ worth of living expenses, and regularly saving money, can help you break free from the cycle of living paycheck to paycheck. Whether you want to learn how to save money fast to get peace of mind for unexpected bills or reap the benefits of putting more money into a high-yield savings account, we’ve compiled a list of 25 tips to help you save money fast. 1. Assess your current financial habits Before you can make quick financial adjustments, it’s essential to understand your current financial habits. Consider tracking your expenses for a period of 30 days to identify unnecessary costs. Divide spending into fixed and variable costs . Fixed costs are rent, insurance premiums and car payments that don’t change monthly. Variable costs include grocery bills, gas, dining out, entertainment and other fluctuating expenses. 2. Create a budget Budgeting isn’t just about tracking expenses — it’s about taking control of your money. You can budget with pen and paper to tally up daily expenses or use paid or free budgeting tools or apps. Apps like You Need A Budget (YNAB) or Monarch can help you track spending, set financial goals and save more effectively. Knowing where your money goes allows you to make smarter spending decisions and cut out miscellaneous costs to help you save money fast. 3. Work on paying down debt High-interest debt , particularly credit card balances, can erode your financial progress. Paying off these debts quickly reduces the amount you lose to interest, allowing you to redirect more money into savings. Using the debt snowball or avalanche method can help you stay focused on repayment. 4. Consider alternate forms of transportation According to a recent research study by the Bureau of Transportation Statistics, 52 percent of all trips are less than three miles, and 28 percent are less than one mile. Walking or biking instead of driving can significantly cut gas, maintenance and insurance costs. If public transit is an option, compare costs to see if you can save money by commuting differently. 5. Examine your subscriptions Many people unknowingly spend money on unused subscriptions. Review your credit card and bank statements to identify and cancel services you no longer need. Apps that track your subscriptions , such as Rocket Money and Bobby, can help you manage recurring expenses. 6. Automate your savings Many online banks and apps like Qapital allow you to automate your savings by regularly rounding up your purchases or transferring small amounts into your savings account. Automation ensures you are consistently putting money away without manual intervention. 7. Set up automatic bill payments Late fees from missed manual payments can add up quickly. Avoid these costly fees by automating bill payments so you never miss an important due date. Just ensure your account has sufficient funds to prevent overdraft fees . 8. Switch banks for better interest rates and fewer fees Traditional banks may charge fees that chip away at your savings. Consider switching to an online-only bank , many of which offer fee-free checking and higher-interest savings accounts. Online banks can offer savings accounts with annual percentage yields (APYs) of more than 4 percent, compared with less than 1 percent at traditional banks. Explore: Best high-yield savings accounts 9. Open a short-term certificate of deposit (CD) A certificate of deposit (CD) is a great way to grow your savings if you can afford to lock away some money temporarily. They offer a fixed interest rate , often higher than savings accounts. Currently, one-year CDs can yield over 4 percent APY, a solid return on your money. Read more: Best CD rates 10. Use rewards and loyalty programs Joining rewards programs at grocery stores, pharmacies or retail chains can be an easy way to maximize your budget. Loyalty programs can save households hundreds of dollars annually, especially with coupons and special offers. With that said, be wary of promotional offers that tempt you into spending more than you had planned. 11. Pay with cash or set spending limits Psychologically, it’s harder to part with physical cash than to swipe a card, so paying with cash for everyday expenses can curb impulse purchases like that new game or the next round of drinks. On the other hand, if a credit card fits your lifestyle better, you can take advantage of some safety nets. For example, many banks allow you to set spending limits or alerts on your credit cards, which help you control your spending and avoid losing money. 12. Stop paying for convenience services Americans spend a lot on convenience services — over $400 per month on delivery alone. To start recouping some of that money, stop outsourcing your services and “insource” instead. Cooking at home or doing minor household repairs can add up to significant, fast savings. 13. Earn cash back on everyday purchases If you need to use credit, make sure you’re rewarded. Apps like Rakuten and Ibotta provide additional savings when shopping online or in-store. Cash back credit cards often offer up to 5 percent cash back on various categories such as groceries, dining and online shopping. Just remember to pay off the balance each month to avoid interest charges. 14. Buy in bulk Buying in bulk from stores like Costco or Sam’s Club can save you a lot of money in the long term, particularly for non-perishable items. Bulk buying can reduce your shopping costs significantly, especially if you’re carefully watching the cost per unit (CPU). However, be cautious — buying perishable goods in bulk could lead to food waste. Make sure to store items properly to maximize shelf life. 15. Clip coupons Sites like Honey and RetailMeNot make finding and applying digital coupons at checkout easy. According to CouponFollow , a leading coupon company, households that use coupons can save as much as $1,465 annually. Pair coupon usage with in-store promotions for deeper discounts and automate your coupon clippings by installing a mobile app or browser extension that automatically finds and applies coupons at checkout. 16. Refinance loans to get lower rates Refinancing replaces your current loan with one that has better terms, such as a lower interest rate. This usually means lower payments every month. It also helps you pay off the loan faster and spend less on interest over time. Even a small drop in interest can lead to significant savings. However, refinancing isn’t free. According to Freddie Mac, switching a mortgage often costs about 3 percent to 6 percent of the new loan amount, depending on your loan and where you live. Always compare offers from different lenders to find the best rate. 17. Shop for better insurance rates Many people stick with the same insurance provider for years, not realizing they could save hundreds by switching. Shop around and compare quotes on car , home or renters insurance. You can also consider bundling your home and car insurance for the best deals. 18. Use a no-fee credit card If your credit card charges an annual fee, consider downgrading to a no-fee option. Many companies, such as Citi or American Express, offer no-annual-fee credit card alternatives that still provide rewards without the added cost. 19. Plan no-spend days No-spend challenges are an effective way to reset your budget and become more mindful of unnecessary expenses. Challenge yourself to go without spending money on anything outside of essential costs like groceries, bills and transportation for a set period, like one day per week or one week per month. 20. Eliminate one spending habit Eliminating one costly habit — whether it’s your daily coffee, subscription boxes or online shopping sprees — can save hundreds, if not thousands, annually. Identify a habit and commit to reducing or eliminating it to free up extra cash for savings. 21. Buy secondhand or get used items for free Online platforms such as Poshmark, Depop and ThredUp offer gently used clothing and household goods at a fraction of their original price. Buying secondhand can save you a significant amount of money compared to buying new. For example, purchasing used clothing can save about $900 a year. Big-ticket items such as furniture, electronics and home improvement tools are often available in excellent condition at consignment shops or on online platforms such as Craigslist and Facebook Marketplace. 22. Embrace DIY projects The do-it-yourself, or DIY, movement continues to grow thanks to countless online resources created to help you complete projects at home for a fraction of the cost of hiring professionals. Painting your own home, for example, could save between $500 and $5,000 . Simple DIY tasks such as painting, landscaping or sewing can cut expenses while adding a personal touch to your space or wardrobe. Platforms such as YouTube offer tutorials to help you learn basic car maintenance or home repairs, saving money over time by allowing you to handle small fixes yourself. 23. Reduce your energy bills Small changes and energy-efficient home upgrades , such as installing a programmable thermostat, adding weather stripping to doors and windows or switching to energy-efficient appliances, can reduce utility bills month after month. According to the U.S. Department of Energy, setting your thermostat back 7 to 10 degrees Fahrenheit for eight hours a day can save up to 10 percent on annual energy bills. Many energy companies also provide rebates and tax incentives for eco-friendly home improvements, boosting your savings even more. 24. Take advantage of credit card rewards Getting the most out of your credit card rewards can require a slight learning curve, but it can be worth the effort when done right. Before you make any large purchases, check which card gives you the best return on spending. Shop around for credit cards with introductory offers that give you extra points or miles just for signing up. 25. Improve your credit score Raising your credit score can save you thousands on everything from credit cards to homeowners insurance . Regularly review your credit reports from Experian, Equifax and TransUnion to catch errors or signs of fraud. If you find any mistakes, dispute them with the appropriate credit reporting agency. To improve your score , focus on making payments on time and reducing your credit utilization ratio . Avoid applying for new accounts too frequently, as each application triggers a hard inquiry that can temporarily lower your score. The bottom line Saving money fast isn’t just about cutting expenses — it’s about making smarter financial choices. By reassessing spending habits, leveraging cash-back rewards and automating savings, you can create financial breathing room and adjust your finances quickly. Whether you’re building an emergency fund, tackling debt or saving for a major purchase, implementing even just a few of these tips can help you make meaningful progress. Did you find this page helpful? Info Icon Help us improve our content
Markdown	[Skip to Main Content](https://www.bankrate.com/banking/savings/how-to-save-money-fast/#main-content) {closeNav(); \$refs.siteNavMenuButton.focus();}"\> - [Banking](https://www.bankrate.com/banking/) All Banking Checking & savings CDs Money market Banks [Explore all banking resources](https://www.bankrate.com/banking/) Banking Compare accounts - [Best high-yield savings accounts](https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/) - [Best checking accounts](https://www.bankrate.com/banking/checking/best-checking-accounts/) - [Best free checking accounts](https://www.bankrate.com/banking/checking/best-free-checking-accounts/) Get guidance - [Savings calculator](https://www.bankrate.com/banking/savings/simple-savings-calculator/) - [All savings calculators](https://www.bankrate.com/banking/calculators/) - [Savings rate trends](https://www.bankrate.com/banking/savings/average-savings-interest-rates/) - [Savings resources](https://www.bankrate.com/banking/savings/) - [![](https://www.bankrate.com/f/102997/1440x1440/6efbd0a01f/savings-basics.png/m/50x50/filters:quality$90$:format$webp$) Savings basics 5 min read](https://www.bankrate.com/banking/savings/how-to-open-a-savings-account/) - [![](https://www.bankrate.com/f/102997/1440x1440/4c26764452/how-to-start-saving.png/m/50x50/filters:quality$90$:format$webp$) How to start saving 4 min read](https://www.bankrate.com/banking/savings/start-saving-from-scratch/) Compare accounts - [Best CD rates](https://www.bankrate.com/banking/cds/cd-rates/) - [Best 6-month CD rates](https://www.bankrate.com/banking/cds/best-6-month-cd-rates/) - [Best 1-year CD rates](https://www.bankrate.com/banking/cds/best-1-year-cd-rates/) - [Best 5-year CD rates](https://www.bankrate.com/banking/cds/best-5-year-cd-rates/) Get guidance - [CD calculator](https://www.bankrate.com/banking/cds/cd-calculator/) - [CD ladder calculator](https://www.bankrate.com/banking/cds/cd-ladder-calculator/) - [CD resources](https://www.bankrate.com/banking/cds/) - [![](https://www.bankrate.com/f/102997/1440x1440/a7b9c5207a/cd-basics.png/m/50x50/filters:quality$90$:format$webp$) CD basics 7 min read](https://www.bankrate.com/banking/cds/what-is-a-cd/) - [![](https://www.bankrate.com/f/102997/1440x1440/4b0ced533f/how-to-invest-with-cds.png/m/50x50/filters:quality$90$:format$webp$) How to invest with CDs 6 min read](https://www.bankrate.com/banking/cds/how-to-invest-in-cds/) Money market accounts Money market accounts are similar to savings accounts, but offer some checking features as well. [View MMA rates](https://www.bankrate.com/banking/money-market/rates/) Get guidance - [Money market basics](https://www.bankrate.com/banking/mma/what-is-a-money-market-account/) - [Money market vs savings accounts](https://www.bankrate.com/banking/money-market-account-vs-savings-account/) - [How to open an MMA](https://www.bankrate.com/banking/mma/how-to-open-a-money-market-account/) - [MMA resources](https://www.bankrate.com/banking/mma/) Banking Unlock financial rewards by signing up for a savings or checking account with a bonus offer. [Best bank bonuses](https://www.bankrate.com/banking/best-bank-account-bonuses-and-promotions/) Get guidance - [Best online banks](https://www.bankrate.com/banking/best-online-banks/) - [Best credit unions](https://www.bankrate.com/banking/best-credit-unions/) - [Bank reviews](https://www.bankrate.com/banking/reviews/) - [Federal Reserve news](https://www.bankrate.com/banking/federal-reserve/) - [![](https://www.bankrate.com/f/102997/1440x1440/d50369eb56/capital-one-review.png/m/50x50/filters:quality$90$:format$webp$) Capital One review Our take on Capital One Bank](https://www.bankrate.com/banking/reviews/capital-one/) - [![](https://www.bankrate.com/f/102997/1440x1440/d121fa8bad/marcus-review.png/m/50x50/filters:quality$90$:format$webp$) Marcus review Our take on Marcus by Goldman Sachs](https://www.bankrate.com/banking/reviews/marcus/) [Explore all banking resources](https://www.bankrate.com/banking/) - [Mortgages](https://www.bankrate.com/mortgages/) All Mortgages Purchase Refinance Real estate [Explore all mortgages resources](https://www.bankrate.com/mortgages/) Mortgages Compare rates - [Mortgage rates](https://www.bankrate.com/mortgages/mortgage-rates/) - [30-year mortgage rates](https://www.bankrate.com/mortgages/30-year-mortgage-rates/?disablePre=1) - [15-year mortgage rates](https://www.bankrate.com/mortgages/15-year-mortgage-rates/?disablePre=1) - [VA loan rates](https://www.bankrate.com/mortgages/va-loan-rates/) Get guidance - [Mortgage calculator](https://www.bankrate.com/mortgages/mortgage-calculator/) - [Amortization calculator](https://www.bankrate.com/mortgages/amortization-calculator/) - [Mortgage rate news](https://www.bankrate.com/mortgages/analysis/) - [Daily mortgage rates archive](https://www.bankrate.com/mortgages/todays-rates/) - [Read lender reviews](https://www.bankrate.com/mortgages/reviews/) - [![](https://www.bankrate.com/f/102997/1440x1440/4037e1299d/how-to-get-a-mortgage.png/m/50x50/filters:quality$90$:format$webp$) How to get a mortgage 11 min read](https://www.bankrate.com/mortgages/how-to-get-a-mortgage/) - [![](https://www.bankrate.com/f/102997/1440x1440/8889d553d1/best-mortgage-lenders-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) First-time homebuyer programs 11 min read](https://www.bankrate.com/mortgages/first-time-homebuyer-loans-and-programs/) Compare rates - [Refinance rates](https://www.bankrate.com/mortgages/refinance-rates/) - [Cash-out refinance rates](https://www.bankrate.com/mortgages/cash-out-refinance-rates/) - [30-year refinance rates](https://www.bankrate.com/mortgages/30-year-refinance-rates/?disablePre=1) - [15-year refinance rates](https://www.bankrate.com/mortgages/15-year-refinance-rates/?disablePre=1) Get guidance - [Mortgage refinance calculator](https://www.bankrate.com/mortgages/refinance-calculator/) - [Best refinance lenders](https://www.bankrate.com/mortgages/best-lenders/refinance-mortgage-lenders/) - [Best cash-out refinance lenders](https://www.bankrate.com/mortgages/best-lenders/cash-out-refinance-lenders/) - [Mortgage refinance resources](https://www.bankrate.com/mortgages/refinancing/) - [![](https://www.bankrate.com/f/102997/1442x1440/d475e14a0e/home-equity-lender-reviews-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) How to refinance your mortgage 12 min read](https://www.bankrate.com/mortgages/how-does-refinancing-a-mortgage-work/) - [![](https://www.bankrate.com/f/102997/1440x1440/e9e92b7729/home-equity-heloc-guide-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) Cash-out refinancing guide 9 min read](https://www.bankrate.com/mortgages/cash-out-refinancing/) Buying & selling Knowing what to look for in a real estate agent is critical. Here's how to choose the best fit for your needs. [Choosing an agent](https://www.bankrate.com/mortgages/finding-best-real-estate-agent/) Get guidance - [Home affordability calculator](https://www.bankrate.com/mortgages/home-affordability-calculator/) - [Cost of living calculator](https://www.bankrate.com/personal-finance/cost-of-living-calculator/) - [![](https://www.bankrate.com/f/102997/1440x1440/08fb8be334/buying-a-home.png/m/50x50/filters:quality$90$:format$webp$) Buying a home 12 min read](https://www.bankrate.com/mortgages/how-to-buy-a-house/) - [![](https://www.bankrate.com/f/102997/1440x1440/3b255b330e/selling-a-home-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) Selling a home 10 min read](https://www.bankrate.com/mortgages/how-to-sell-your-house/) [Explore all mortgages resources](https://www.bankrate.com/mortgages/) - [Investing](https://www.bankrate.com/investing/) All Investing Investing Retirement Financial advising [Explore all investing resources](https://www.bankrate.com/investing/) Investing Compare investments - [Best investments](https://www.bankrate.com/investing/best-investments/) - [Best index funds](https://www.bankrate.com/investing/best-index-funds/) - [Best long-term investments](https://www.bankrate.com/investing/best-long-term-investments/) - [Best short-term investments](https://www.bankrate.com/investing/best-short-term-investments/) Get guidance - [All investing calculators](https://www.bankrate.com/investing/calculators/) - [Brokerage reviews](https://www.bankrate.com/investing/brokerage-reviews/) - [Robo-advisor reviews](https://www.bankrate.com/investing/roboadvisor-reviews/) - [Low risk investments](https://www.bankrate.com/investing/low-risk-investments/) - [![](https://www.bankrate.com/f/102997/1440x1440/3cfd293f15/passive-income-ideas-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) Passive income ideas 26 min read](https://www.bankrate.com/investing/passive-income-ideas/) - [![](https://www.bankrate.com/f/102997/1440x1440/3d6f458d84/how-to-start-investing-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) How to start investing 7 min read](https://www.bankrate.com/investing/how-to-start-investing/) Compare plans - [Best retirement plans](https://www.bankrate.com/retirement/best-retirement-plans/) - [Best IRA accounts](https://www.bankrate.com/retirement/best-ira-accounts/) - [Best Roth IRA accounts](https://www.bankrate.com/investing/best-roth-ira/) - [Best 401(k) rollover options](https://www.bankrate.com/retirement/best-places-to-rollover-401k/) Get guidance - [401(k) calculator](https://www.bankrate.com/retirement/401-k-calculator/) - [Retirement plan calculator](https://www.bankrate.com/retirement/retirement-plan-calculator/) - [Roth IRA calculator](https://www.bankrate.com/retirement/roth-ira-plan-calculator/) - [All retirement calculators](https://www.bankrate.com/retirement/calculators/) - [Retirement resources](https://www.bankrate.com/retirement/) - [![](https://www.bankrate.com/f/102997/1440x1440/59a3f533a8/best-worst-states-for-retirement-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) Best & worst states for retirement 6 min read](https://www.bankrate.com/retirement/best-and-worst-states-for-retirement/) - [![](https://www.bankrate.com/f/102997/1440x1440/a6b1dc15ca/how-to-save-for-retirement-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) How to save for retirement 15 min read](https://www.bankrate.com/retirement/how-to-save-for-retirement/) Finding an advisor - [Find a financial advisor](https://www.bankrate.com/investing/financial-advisors/financial-advisor-matching/) - [Best financial advisors](https://www.bankrate.com/investing/financial-advisors/best-financial-advisors/) - [How to choose a financial advisor](https://www.bankrate.com/investing/financial-advisors/how-to-choose-a-financial-advisor/) - [Financial planner vs advisor](https://www.bankrate.com/investing/financial-advisors/financial-advisor-vs-financial-planner/) Get guidance - [What is financial planning?](https://www.bankrate.com/investing/financial-advisors/what-is-financial-planning/) - [What is a fiduciary?](https://www.bankrate.com/investing/financial-advisors/what-is-a-fiduciary/) - [What is a CFP?](https://www.bankrate.com/investing/financial-advisors/what-is-a-certified-financial-planner/) - [What is wealth management?](https://www.bankrate.com/investing/financial-advisors/what-is-wealth-management/) - [Financial advisor resources](https://www.bankrate.com/investing/financial-advisors/) - [![](https://www.bankrate.com/f/102997/1440x1440/1cdbf65950/what-is-wealth-management-s.png/m/50x50/filters:quality$90$:format$webp$) When to get an advisor 4 min read](https://www.bankrate.com/investing/financial-advisors/when-to-get-a-financial-advisor/) - [![](https://www.bankrate.com/f/102997/1440x1440/38750a2d5a/what-is-a-certified-financial-planner-s.png/m/50x50/filters:quality$90$:format$webp$) Pros & cons of financial advising 7 min read](https://www.bankrate.com/investing/financial-advisors/pros-cons-financial-advisor/) [Explore all investing resources](https://www.bankrate.com/investing/) - [Credit cards](https://www.bankrate.com/credit-cards/) All Credit cards Cards by category Cards by credit Tools & reviews Guides & resources [Explore all credit cards resources](https://www.bankrate.com/credit-cards/) Credit cards Compare cards - [Best cards of 2026](https://www.bankrate.com/credit-cards/best-credit-cards/) - [Best cash back cards](https://www.bankrate.com/credit-cards/cash-back/best-cash-back-cards/) - [Best balance transfer cards](https://www.bankrate.com/credit-cards/balance-transfer/best-balance-transfer-cards/) - [Best 0% APR cards](https://www.bankrate.com/credit-cards/zero-interest/best-zero-interest-cards/) - [Best travel cards](https://www.bankrate.com/credit-cards/travel/best-travel-cards/) - [Best rewards cards](https://www.bankrate.com/credit-cards/rewards/best-rewards-cards/) - [Best business cards](https://www.bankrate.com/credit-cards/business/best-business-cards/) - [Best sign up bonus cards](https://www.bankrate.com/credit-cards/rewards/best-bonus-offer-cards/) Find my matches - [![](https://www.bankrate.com/f/102997/1440x1440/4f02ac6944/cardmatch-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) CardMatch™ Get personalized card recommendations](https://www.bankrate.com/credit-cards/tools/cardmatch/) - [![](https://www.bankrate.com/f/102997/1440x1440/10ad7295ae/card-comparison-tool-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) Card comparison tool Compare credit cards side-by-side](https://www.bankrate.com/credit-cards/tools/compare/) See your card matches Answer a few quick questions and we’ll show you your top credit card options. [Find my matches](https://www.bankrate.com/credit-cards/tools/cardmatch/) Compare cards - [Excellent credit](https://www.bankrate.com/credit-cards/rewards/best-for-excellent-credit/) - [Good credit](https://www.bankrate.com/credit-cards/building-credit/best-for-good-credit/) - [Fair credit](https://www.bankrate.com/credit-cards/building-credit/best-for-fair-credit/) - [Bad credit](https://www.bankrate.com/credit-cards/bad-credit/best-for-bad-credit/) - [![](https://www.bankrate.com/f/102997/1440x1440/2e8651b174/how-to-build-credit-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) How to build credit 7 min read](https://www.bankrate.com/personal-finance/credit/how-to-build-credit-fast/) - [![](https://www.bankrate.com/f/102997/1440x1440/5a53191033/best-cards-for-building-credit-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) Best cards for building credit Find out which credit cards could help](https://www.bankrate.com/credit-cards/building-credit/best-for-no-credit-history/) See what the experts say Read in-depth credit card reviews to find out which cards have the best perks and more. [Read card reviews](https://www.bankrate.com/credit-cards/reviews/) Get guidance - [Credit card payoff calculator](https://www.bankrate.com/credit-cards/tools/credit-card-payoff-calculator/) - [Balance transfer calculator](https://www.bankrate.com/credit-cards/tools/credit-card-balance-transfer-calculator/) - [Credit utilization calculator](https://www.bankrate.com/credit-cards/tools/credit-utilization-calculator/) - [Points and miles calculator](https://www.bankrate.com/credit-cards/tools/points-and-miles-calculator/) - [All credit card calculators](https://www.bankrate.com/credit-cards/tools/) - [![](https://www.bankrate.com/f/102997/1440x1440/43548bf9cd/spender-type-tool-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) Spender type tool Find cards that fit your needs](https://www.bankrate.com/credit-cards/tools/spender-type-tool/) Get advice - [Credit cards 101](https://www.bankrate.com/credit-cards/advice/) - [Balance transfer advice](https://www.bankrate.com/credit-cards/balance-transfer/) - [Zero interest credit cards](https://www.bankrate.com/credit-cards/zero-interest/) - [Rewards credit card advice](https://www.bankrate.com/credit-cards/rewards/) - [Cash back credit card advice](https://www.bankrate.com/credit-cards/cash-back/) - [Travel credit card advice](https://www.bankrate.com/credit-cards/travel/) - [Business credit card advice](https://www.bankrate.com/credit-cards/business/) Build credit - [Advice for bad credit](https://www.bankrate.com/credit-cards/bad-credit/) - [Rebuilding credit score](https://www.bankrate.com/credit-cards/building-credit/) [Explore all credit cards resources](https://www.bankrate.com/credit-cards/) - [Loans](https://www.bankrate.com/loans/) All Loans Personal loans Auto loans Student loans Small business loans [Explore all loans resources](https://www.bankrate.com/loans/) Loans Compare lenders - [Best personal loans](https://www.bankrate.com/loans/personal-loans/rates/) - [Best personal loans for bad credit](https://www.bankrate.com/loans/personal-loans/bad-credit-loans/) - [Best debt consolidation loans](https://www.bankrate.com/loans/personal-loans/debt-consolidation-loans/) - [Best home improvement loans](https://www.bankrate.com/loans/home-improvement/rates/) Get guidance - [Personal loan resources](https://www.bankrate.com/loans/personal-loans/) - [Personal loan lender reviews](https://www.bankrate.com/loans/personal-loans/reviews/) - [Personal loans calculator](https://www.bankrate.com/loans/personal-loans/personal-loan-calculator/) - [Average personal loan interest rates](https://www.bankrate.com/loans/personal-loans/average-personal-loan-rates/) - [![](https://www.bankrate.com/f/102997/1440x1440/38750a2d5a/what-is-a-certified-financial-planner-s.png/m/50x50/filters:quality$90$:format$webp$) Personal loan basics 9 min read](https://www.bankrate.com/loans/personal-loans/what-is-a-personal-loan/) - [![](https://www.bankrate.com/f/102997/1440x1440/4c26764452/how-to-start-saving.png/m/50x50/filters:quality$90$:format$webp$) How to get a personal loan 11 min read](https://www.bankrate.com/loans/personal-loans/how-to-get-personal-loan/) Compare lenders - [Best auto loans](https://www.bankrate.com/loans/auto-loans/rates/) - [Best auto loan refinance rates](https://www.bankrate.com/loans/auto-loans/refinance-rates/) - [Best car loans for bad credit](https://www.bankrate.com/loans/auto-loans/bad-credit-loans/) Get guidance - [Auto loan resources](https://www.bankrate.com/loans/auto-loans/) - [Auto loan lender reviews](https://www.bankrate.com/loans/auto-loans/reviews/) - [Auto loan calculator](https://www.bankrate.com/loans/auto-loans/auto-loan-calculator/) - [Auto loan refinancing guide](https://www.bankrate.com/loans/auto-loans/how-to-refinance-car-loan/) - [![](https://www.bankrate.com/f/102997/1440x1440/d1a328a134/auto-loan-refinancing-guide-nav.png/m/50x50/filters:quality$90$:format$webp$) How to get the best auto loan rate 10 min read](https://www.bankrate.com/loans/auto-loans/how-to-get-the-best-auto-loan-rate/) - [![](https://www.bankrate.com/f/102997/720x720/c481afa0d2/auto-loan-refinancing-guide-s.jpg/m/50x50/filters:quality$90$:format$webp$) Auto loan basics 5 min read](https://www.bankrate.com/loans/auto-loans/what-is-an-auto-loan/) Compare lenders - [Student loan rates](https://www.bankrate.com/loans/student-loans/rates/) - [Student loan refinancing rates](https://www.bankrate.com/loans/student-loans/refinance-rates/) - [Best bad credit student loans](https://www.bankrate.com/loans/student-loans/bad-credit-loans/) Get guidance - [Student loan resources](https://www.bankrate.com/loans/student-loans/) - [Student loan lender reviews](https://www.bankrate.com/loans/student-loans/reviews/) - [Student loan calculator](https://www.bankrate.com/loans/student-loans/student-loan-calculator/) - [Student loan refinance calculator](https://www.bankrate.com/loans/student-loans/student-loan-refinance-calculator/) - [![](https://www.bankrate.com/f/102997/1440x1440/3d6f458d84/how-to-start-investing-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) Private student loan basics 10 min read](https://www.bankrate.com/loans/student-loans/private-student-loans-guide/) - [![](https://www.bankrate.com/f/102997/1440x1440/4c26764452/how-to-start-saving.png/m/50x50/filters:quality$90$:format$webp$) How to get a student loan 11 min read](https://www.bankrate.com/loans/student-loans/how-to-get-student-loan/) Compare lenders - [Best small business loans](https://www.bankrate.com/loans/small-business/best-small-business-loans/) - [Bad credit small business loans](https://www.bankrate.com/loans/small-business/bad-credit-business-loans/) - [Business lines of credit](https://www.bankrate.com/loans/small-business/business-line-of-credit/) - [Small business loan banks](https://www.bankrate.com/loans/small-business/best-banks-for-small-business-loans/) Get guidance - [Small business loans resources](https://www.bankrate.com/loans/small-business/) - [Small business loan reviews](https://www.bankrate.com/loans/small-business/reviews/) - [Small business loan calculator](https://www.bankrate.com/loans/small-business/business-loan-calculator/) - [![](https://www.bankrate.com/f/102997/1440x1440/4c26764452/how-to-start-saving.png/m/50x50/filters:quality$90$:format$webp$) How small business loans work 9 min read](https://www.bankrate.com/loans/small-business/how-do-small-business-loans-work/) - [![](https://www.bankrate.com/f/102997/1440x1440/38750a2d5a/what-is-a-certified-financial-planner-s.png/m/50x50/filters:quality$90$:format$webp$) How to get a business loan 9 min read](https://www.bankrate.com/loans/small-business/how-to-get-a-business-loan/) [Explore all loans resources](https://www.bankrate.com/loans/) - [Home equity](https://www.bankrate.com/home-equity/) All Home equity HELOC Home equity loans [Explore all home equity resources](https://www.bankrate.com/home-equity/) Home equity HELOC A HELOC is a variable-rate line of credit that lets you borrow funds for a set period and repay them later. [HELOC Rates](https://www.bankrate.com/home-equity/heloc-rates/) Home equity basics - [Best HELOC lenders](https://www.bankrate.com/home-equity/heloc-lenders/) - [HELOC calculator](https://www.bankrate.com/home-equity/heloc-calculator/) - [What is a HELOC?](https://www.bankrate.com/home-equity/what-is-heloc/) - [Pros and cons of HELOCs](https://www.bankrate.com/home-equity/pros-cons-of-home-equity-lines/) - [Home equity lender reviews](https://www.bankrate.com/home-equity/reviews/) - [![](https://www.bankrate.com/f/102997/1440x1440/e9e92b7729/home-equity-heloc-guide-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) What is home equity? 8 min read](https://www.bankrate.com/home-equity/what-is-home-equity/) - [![Home purchase](https://www.bankrate.com/f/102997/1280x720/98576f9f53/home-purchase.jpeg/m/50x50/filters:quality$90$:format$webp$) How to calculate home equity 6 min read](https://www.bankrate.com/home-equity/how-to-calculate-equity-in-your-home/) Home equity loans Home equity loans let you borrow a lump sum at a fixed rate, based on how much of the home you own outright. [Home equity loan rates](https://www.bankrate.com/home-equity/home-equity-loan-rates/) Get guidance - [What is a home equity loan?](https://www.bankrate.com/home-equity/what-is-home-equity-loan/) - [Home equity loan pros and cons](https://www.bankrate.com/home-equity/pros-cons-home-equity-loan/) - [Home equity loan requirements](https://www.bankrate.com/home-equity/requirements-to-borrow-from-home-equity/) - [HELOC vs home equity loan](https://www.bankrate.com/home-equity/home-equity-loan-vs-line-of-credit/) - [How to build home equity](https://www.bankrate.com/home-equity/how-to-build-equity-in-your-home/) - [![](https://www.bankrate.com/f/102997/721x720/bad3fd8f56/heloc-lender-reviews-s.jpg/m/50x50/filters:quality$90$:format$webp$) Best home equity loan lenders Compare top home equity lenders](https://www.bankrate.com/home-equity/home-equity-loan-lenders/) - [![CD Rates](https://www.bankrate.com/f/102997/1920x1080/2654611691/cd-rates.jpeg/m/50x50/filters:quality$90$:format$webp$) Home equity calculator Calculate how much you can borrow](https://www.bankrate.com/home-equity/home-equity-calculator/) [Explore all home equity resources](https://www.bankrate.com/home-equity/) - [Insurance](https://www.bankrate.com/insurance/) All Insurance Auto insurance Home insurance Tools & reviews [Explore all insurance resources](https://www.bankrate.com/insurance/) Insurance Compare rates - [Car insurance quotes](https://www.bankrate.com/insurance/car/car-insurance-quotes/) - [Best car insurance companies](https://www.bankrate.com/insurance/car/best-car-insurance-companies/) - [Cheapest car insurance companies](https://www.bankrate.com/insurance/car/cheap-car-insurance-companies/) - [Compare car insurance rates](https://www.bankrate.com/insurance/car/average-cost-of-car-insurance/) Popular states - [California](https://www.bankrate.com/insurance/car/california/) - [Florida](https://www.bankrate.com/insurance/car/florida/) - [Texas](https://www.bankrate.com/insurance/car/texas/) - [Ohio](https://www.bankrate.com/insurance/car/ohio/) - [Auto insurance by state](https://www.bankrate.com/insurance/car/states/) - [![Person smiling while sitting in car](https://www.bankrate.com/f/102997/1440x1440/5bfb00cc0b/auto-insurance-by-state.png/m/50x50/filters:quality$90$:format$webp$) How much is car insurance? Average cost of car insurance](https://www.bankrate.com/insurance/car/average-cost-of-car-insurance/) - [![](https://www.bankrate.com/f/102997/1440x1440/20e5cbc3e7/how-much-is-car-insurance-nav.png/m/50x50/filters:quality$90$:format$webp$) Car insurance resources Learn more about car insurance](https://www.bankrate.com/insurance/car/) Compare rates - [Home insurance quotes](https://www.bankrate.com/insurance/homeowners-insurance/home-insurance-quotes/) - [Best home insurance companies](https://www.bankrate.com/insurance/homeowners-insurance/best-home-insurance-companies/) - [Cheapest home insurance companies](https://www.bankrate.com/insurance/homeowners-insurance/cheap-homeowners-insurance/) - [Best home and auto bundles](https://www.bankrate.com/insurance/car-and-home-insurance-bundle/) Popular states - [California](https://www.bankrate.com/insurance/homeowners-insurance/california/) - [Florida](https://www.bankrate.com/insurance/homeowners-insurance/florida/) - [Texas](https://www.bankrate.com/insurance/homeowners-insurance/texas/) - [New Jersey](https://www.bankrate.com/insurance/homeowners-insurance/new-jersey/) - [Home insurance by state](https://www.bankrate.com/insurance/homeowners-insurance/states/) - [![](https://www.bankrate.com/f/102997/1440x1440/8af9dfc8a2/home-insurance-by-state-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) Home insurance cost Average cost of home insurance](https://www.bankrate.com/insurance/homeowners-insurance/homeowners-insurance-cost/) - [![](https://www.bankrate.com/f/102997/1440x1440/e85a91b40b/how-much-is-home-insurance-nav-imagery.png/m/50x50/filters:quality$90$:format$webp$) Home insurance resources Learn more about home insurance](https://www.bankrate.com/insurance/homeowners-insurance/) Calculators - [Car insurance calculator](https://www.bankrate.com/insurance/car/car-insurance-calculator/) - [Home insurance calculator](https://www.bankrate.com/insurance/homeowners-insurance/home-insurance-calculator/) Get guidance - [Allstate insurance review](https://www.bankrate.com/insurance/reviews/allstate/) - [Progressive insurance review](https://www.bankrate.com/insurance/reviews/progressive/) - [State Farm insurance review](https://www.bankrate.com/insurance/reviews/state-farm/) - [Travelers insurance review](https://www.bankrate.com/insurance/reviews/travelers/) - [Lemonade insurance review](https://www.bankrate.com/insurance/reviews/lemonade/) - [![Design element two people looking at a car](https://www.bankrate.com/f/102997/475x270/8e81cf93f6/insurance_best_car_insurance_companies.webp/m/50x50/filters:quality$90$:format$webp$) All insurance company reviews Browse insurance carrier reviews](https://www.bankrate.com/insurance/reviews/) [Explore all insurance resources](https://www.bankrate.com/insurance/) { closeNav(); closeSearch(); }" :class="{ 'is-active': isNavOpen \\|\\| (\$el.dataset.showOnSearch === '1' && isSearchOpen) }"\> { closeNav(); closeSearch(); }" :class="{ 'is-active': isNavOpen \\|\\| (\$el.dataset.showOnSearch === '1' && isSearchOpen) }"\> 0; } } catch (error) { this.searchSuggestions = \[\]; this.showSearchAutocomplete = false; } } }" data-beam-element-viewed data-type="drawer" data-location="site-nav" data-name="search flyout" data-position="top" data-text="open search flyout" data-outcome="open search flyout container"\> Popular searches - [Mortgage rates](https://www.bankrate.com/mortgages/mortgage-rates/) - [Balance transfer credit cards](https://www.bankrate.com/credit-cards/balance-transfer/best-balance-transfer-cards/) - [Car insurance quotes](https://www.bankrate.com/insurance/car/car-insurance-quotes/) Tools - [Mortgage calculator](https://www.bankrate.com/mortgages/mortgage-calculator/) - [Loan calculator](https://www.bankrate.com/loans/loan-calculator/) - [CD calculator](https://www.bankrate.com/banking/cds/cd-calculator/) 1. [Banking](https://www.bankrate.com/banking/) › 2. [Savings](https://www.bankrate.com/banking/savings/) › 3. How to save money fast: 25 ways Advertiser Disclosure # How to save money fast: 25 ways ![Matthew Goldberg](https://www.bankrate.com/2019/02/26150227/Matt-2019-Headshot-275x275.jpg?auto=webp&quality=85&width=24&height=24&fit=cover&enable=upscale&crop=1:1,smart) ![Cindy Perman](https://www.bankrate.com/brp/2024/11/26130520/Cindy-Perman-headshot-1.jpg?auto=webp&quality=85&width=24&height=24&fit=cover&enable=upscale&crop=1:1,smart) Written by Matthew Goldberg , ![](https://www.bankrate.com/2019/02/26150227/Matt-2019-Headshot-275x275.jpg?auto=webp&quality=85&width=64&height=64&fit=cover&enable=upscale&crop=1:1,smart) [Matthew Goldberg](https://www.bankrate.com/authors/matthew-goldberg/) Former Senior Consumer Banking Reporter Credentials - • Property (Colorado) - • Life (Colorado) Expertise - • Consumer banking - • Savings accounts and CDs 26 Years of experience Matthew Goldberg is an award-winning writer who has been in financial services for more than 14 years. He uses his banking experience to help inform readers as they make important personal finance decisions. [Read more](https://www.bankrate.com/authors/matthew-goldberg/) - [Connect with Matthew Goldberg on Twitter](https://twitter.com/@mattatbankrate) - [Connect with Matthew Goldberg on LinkedIn](https://www.linkedin.com/in/mattgoldberg/) - [Get in contact with Matthew Goldberg via Email](mailto:matthew.goldberg@bankrate.com) Close [Matthew Goldberg](https://www.bankrate.com/authors/matthew-goldberg/), Edited by Cindy Perman ![](https://www.bankrate.com/brp/2024/11/26130520/Cindy-Perman-headshot-1.jpg?auto=webp&quality=85&width=64&height=64&fit=cover&enable=upscale&crop=1:1,smart) [Cindy Perman](https://www.bankrate.com/authors/cindy-perman/) Editor Cindy Perman is a contributing editor for Bankrate. Previously, she was a news editor and writer for CNBC and WSJ.com. [Read more](https://www.bankrate.com/authors/cindy-perman/) - [Connect with Cindy Perman on LinkedIn](https://www.linkedin.com/in/cindyperman) Close [Cindy Perman](https://www.bankrate.com/authors/cindy-perman/) Published on April 10, 2025 \\| 7 min read Bankrate is always editorially independent. While we adhere to strict editorial integrity , this post may contain references to products from our partners. Here's an explanation for how we make money . Our Bankrate promise is to ensure everything we publish is objective, accurate and trustworthy. ![Side view of father cooking food while daughter having apple in kitchen](https://www.bankrate.com/2020/02/10184532/How-to-save-money-fast.jpeg?auto=webp&optimize=high&crop=16:9) Maskot/Getty Images ## Key takeaways - Making even minor adjustments to your finances, such as canceling subscriptions or paying with cash, can add up quickly. - Consider automating your savings and bill payments to keep your budget in check. - Regularly evaluate your spending, from bank fees to energy consumption, to uncover opportunities for quick wins. According to [Bankrate’s latest emergency savings report](https://www.bankrate.com/banking/savings/emergency-savings-report/#no-emergency-savings), 27 percent of U.S. adults don’t have emergency savings and 59 percent feel uneasy about their current savings amount. Having an [emergency fund](https://www.bankrate.com/banking/savings/starting-an-emergency-fund/), ideally equivalent to three to six months’ worth of living expenses, and regularly saving money, can help you break free from the cycle of living paycheck to paycheck. Whether you want to learn how to save money fast to get peace of mind for unexpected bills or reap the benefits of putting more money into a high-yield savings account, we’ve compiled a list of25 tips to help you save money fast. ## 1\. Assess your current financial habits Before you can make quick financial adjustments, it’s essential to understand your current financial habits. Consider tracking your expenses for a period of 30 days to identify unnecessary costs. Divide spending into [fixed and variable costs](https://www.bankrate.com/personal-finance/fixed-expenses-vs-variable-expenses/). Fixed costs are rent, insurance premiums and car payments that don’t change monthly. Variable costs include grocery bills, gas, dining out, entertainment and other fluctuating expenses. ## 2\. Create a budget [Budgeting](https://www.bankrate.com/banking/how-to-make-a-monthly-budget/) isn’t just about tracking expenses — it’s about taking control of your money. You can budget with pen and paper to tally up daily expenses or use paid or free budgeting tools or apps. Apps like You Need A Budget (YNAB) or Monarch can help you track spending, set financial goals and save more effectively. Knowing where your money goes allows you to [make smarter spending decisions](https://www.bankrate.com/banking/savings/ways-to-save-money-on-a-tight-budget/) and cut out miscellaneous costs to help you save money fast. ## 3\. Work on paying down debt [High-interest debt](https://www.bankrate.com/loans/personal-loans/how-interest-rates-affect-debt/), particularly credit card balances, can erode your financial progress. Paying off these debts quickly reduces the amount you lose to interest, allowing you to redirect more money into savings. Using the debt snowball or avalanche method can help you stay focused on repayment. ## 4\. Consider alternate forms of transportation According to a recent research study by the Bureau of Transportation Statistics, [52 percent](https://www.energy.gov/eere/vehicles/articles/fotw-1230-march-21-2022-more-half-all-daily-trips-were-less-three-miles-2021) of all trips are less than three miles, and 28 percent are less than one mile. Walking or biking instead of driving can significantly cut gas, maintenance and insurance costs. If public transit is an option, compare costs to see if you can save money by commuting differently. ## 5\. Examine your subscriptions Many people unknowingly spend money on unused subscriptions. Review your credit card and bank statements to identify and cancel services you no longer need. [Apps that track your subscriptions](https://www.bankrate.com/banking/savings/best-apps-to-manage-subscriptions/), such as Rocket Money and Bobby, can help you manage recurring expenses. Pro tip If you can afford it, opt for annual payment plans for the services you use most often. These often provide 10 percent to 20 percent discounts compared to monthly billing. ## 6\. Automate your savings Many online banks and apps like Qapital allow you to [automate your savings](https://www.bankrate.com/banking/savings/grow-your-savings-with-automatic-transfers/#what-it-means) by regularly rounding up your purchases or transferring small amounts into your savings account. Automation ensures you are consistently putting money away without manual intervention. ## 7\. Set up automatic bill payments Late fees from missed manual payments can add up quickly. Avoid these costly fees by automating bill payments so you never miss an important due date. Just ensure your account has sufficient funds to prevent [overdraft fees](https://www.bankrate.com/banking/checking/what-is-an-overdraft-fee/). ## 8\. Switch banks for better interest rates and fewer fees Traditional banks may charge fees that chip away at your savings. Consider switching to an [online-only bank](https://www.bankrate.com/banking/best-online-banks/), many of which offer fee-free checking and higher-interest savings accounts. Online banks can offer savings accounts with [annual percentage yields (APYs)](https://www.bankrate.com/banking/savings/what-is-apy/) of more than 4 percent, compared with less than 1 percent at traditional banks. Explore: [Best high-yield savings accounts](https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/) Pro tip Look for promotional bonuses — many banks offer [cash incentives](https://www.bankrate.com/banking/best-bank-account-bonuses/) of up to \$3,000 for opening new accounts. ## 9\. Open a short-term certificate of deposit (CD) A certificate of deposit (CD) is a great way to grow your savings if you can afford to lock away some money temporarily. [They offer a fixed interest rate](https://www.bankrate.com/banking/cds/what-is-a-cd/), often higher than savings accounts. Currently, [one-year CDs](https://www.bankrate.com/banking/cds/best-1-year-cd-rates/) can yield over 4 percent APY, a solid return on your money. Read more: [Best CD rates](https://www.bankrate.com/banking/cds/cd-rates/) ## 10\. Use rewards and loyalty programs Joining rewards programs at grocery stores, pharmacies or retail chains can be an easy way to maximize your budget. Loyalty programs can save households hundreds of dollars annually, especially with coupons and special offers. With that said, be wary of promotional offers that tempt you into spending more than you had planned. Pro tip Choose a [credit card rewards program](https://www.bankrate.com/credit-cards/rewards/best-credit-card-rewards-programs/#boa) that aligns with your lifestyle. For example, if you love to travel, consider a credit card that offers free stays as part of its reward structure. ## 11\. Pay with cash or set spending limits Psychologically, it’s harder to part with physical cash than to swipe a card, so paying with cash for everyday expenses can curb impulse purchases like that new game or the next round of drinks. On the other hand, if a credit card fits your lifestyle better, you can take advantage of some safety nets. For example, many banks allow you to set spending limits or alerts on your credit cards, which help you control your spending and avoid losing money. ## 12\. Stop paying for convenience services Americans spend a lot on convenience services — over [\$400 per month](https://www.usatoday.com/story/money/personalfinance/2023/09/28/americans-spending-big-amazon-doordash-delivery/70985566007/) on delivery alone. To start recouping some of that money, stop outsourcing your services and “insource” instead. Cooking at home or doing minor household repairs can add up to significant, fast savings. Pro tip Use meal-planning apps like Mealime or Yummly to plan affordable meals at home. Pair these with batch cooking sessions to maximize your time and reduce midweek stress. ## 13\. Earn cash back on everyday purchases If you need to use credit, make sure you’re rewarded. Apps like Rakuten and Ibotta provide additional savings when shopping online or in-store. [Cash back credit cards](https://www.bankrate.com/credit-cards/cash-back/best-cash-back-cards/) often offer up to 5 percent cash back on various categories such as groceries, dining and online shopping. Just remember to pay off the balance each month to avoid interest charges. ## 14\. Buy in bulk Buying in bulk from stores like Costco or Sam’s Club can save you a lot of money in the long term, particularly for non-perishable items. Bulk buying can reduce your shopping costs significantly, especially if you’re carefully watching the cost per unit (CPU). However, be cautious — buying perishable goods in bulk could lead to food waste. Make sure to store items properly to maximize shelf life. ## 15\. Clip coupons Sites like Honey and RetailMeNot make finding and applying digital coupons at checkout easy. According to [CouponFollow](https://couponfollow.com/research/coupon-data-study), a leading coupon company, households that use coupons can save as much as \$1,465 annually. Pair coupon usage with in-store promotions for deeper discounts and automate your coupon clippings by installing a mobile app or browser extension that automatically finds and applies coupons at checkout. Pro tip Sign up for newsletters or join social media groups where coupon deals are shared regularly. ## 16\. Refinance loans to get lower rates [Refinancing](https://www.bankrate.com/mortgages/refinance-rates/) replaces your current loan with one that has better terms, such as a lower interest rate. This usually means lower payments every month. It also helps you pay off the loan faster and spend less on interest over time. Even a small drop in interest can lead to significant savings. However, refinancing isn’t free. According to Freddie Mac, switching a mortgage often costs about [3 percent to 6 percent](https://myhome.freddiemac.com/refinancing/planning-to-refinance#:~:text=You%20can%20expect%20to%20spend,lender%20or%20a%20new%20lender.) of the new loan amount, depending on your loan and where you live. Always compare offers from different lenders to find the best rate. ## 17\. Shop for better insurance rates Many people stick with the same insurance provider for years, not realizing they could save hundreds by switching. Shop around and compare quotes on [car](https://www.bankrate.com/insurance/car/), [home](https://www.bankrate.com/insurance/homeowners-insurance/cheap-homeowners-insurance/) or [renters](https://www.bankrate.com/insurance/homeowners-insurance/best-renters-insurance-companies/#do-i-need-renters-insurance) insurance. You can also consider [bundling your home and car insurance](https://www.bankrate.com/insurance/car-and-home-insurance-bundle/) for the best deals. ## 18\. Use a no-fee credit card If your credit card charges an annual fee, consider downgrading to a no-fee option. Many companies, such as Citi or American Express, offer [no-annual-fee credit card alternatives](https://www.bankrate.com/credit-cards/rewards/best-no-annual-fee-cards/) that still provide rewards without the added cost. ## 19\. Plan no-spend days [No-spend challenges](https://www.bankrate.com/personal-finance/no-spend-challenge/) are an effective way to reset your budget and become more mindful of unnecessary expenses. Challenge yourself to go without spending money on anything outside of essential costs like groceries, bills and transportation for a set period, like one day per week or one week per month. ## 20\. Eliminate one spending habit Eliminating one costly habit — whether it’s your daily coffee, subscription boxes or online shopping sprees — can save hundreds, if not thousands, annually. Identify a habit and commit to reducing or eliminating it to free up extra cash for savings. ## 21\. Buy secondhand or get used items for free Online platforms such as Poshmark, Depop and ThredUp offer gently used clothing and household goods at a fraction of their original price. Buying secondhand can save you a significant amount of money compared to buying new. For example, purchasing used clothing can save about [\$900](https://www.thecommons.earth/blog/the-myth-and-potential-of-sustainable-fashion#:~:text=Annual%20estimated%20cost%20savings%3A%20$900,upwards%20of%20$900%20per%20year.) a year. Big-ticket items such as furniture, electronics and home improvement tools are often available in excellent condition at consignment shops or on online platforms such as Craigslist and Facebook Marketplace. ## 22\. Embrace DIY projects The do-it-yourself, or DIY, movement continues to grow thanks to countless online resources created to help you complete projects at home for a fraction of the cost of hiring professionals. Painting your own home, for example, could save between [\$500 and \$5,000](https://www.bankrate.com/homeownership/how-much-does-it-cost-to-paint-a-house/). Simple DIY tasks such as painting, landscaping or sewing can cut expenses while adding a personal touch to your space or wardrobe. Platforms such as YouTube offer tutorials to help you learn basic car maintenance or home repairs, saving money over time by allowing you to handle small fixes yourself. ## 23\. Reduce your energy bills Small changes and [energy-efficient home upgrades](https://www.bankrate.com/homeownership/low-cost-eco-friendly-home-upgrades/), such as installing a programmable thermostat, adding weather stripping to doors and windows or switching to energy-efficient appliances, can reduce utility bills month after month. According to the U.S. Department of Energy, setting your thermostat back 7 to 10 degrees Fahrenheit for eight hours a day can save up to [10 percent](https://www.energy.gov/energysaver/programmable-thermostats#:~:text=You%20can%20save%20as%20much,those%20in%20more%20severe%20climates.) on annual energy bills. Many energy companies also provide rebates and tax incentives for eco-friendly home improvements, boosting your savings even more. ## 24\. Take advantage of credit card rewards Getting the most out of your [credit card rewards](https://www.bankrate.com/credit-cards/rewards/best-rewards-cards/) can require a slight learning curve, but it can be worth the effort when done right. Before you make any large purchases, check which card gives you the best return on spending. Shop around for credit cards with introductory offers that give you extra points or miles just for signing up. ## 25\. Improve your credit score Raising your credit score can save you thousands on everything from credit cards to [homeowners insurance](https://www.bankrate.com/insurance/homeowners-insurance/does-credit-score-affect-home-insurance/). Regularly review your credit reports from Experian, Equifax and TransUnion to catch errors or signs of fraud. If you find any mistakes, [dispute them](https://www.bankrate.com/personal-finance/credit/how-to-clean-up-a-credit-report/) with the appropriate credit reporting agency. To [improve your score](https://www.bankrate.com/personal-finance/credit/how-to-build-credit-fast/), focus on making payments on time and reducing your [credit utilization ratio](https://www.bankrate.com/credit-cards/advice/credit-utilization-ratio/). Avoid applying for new accounts too frequently, as each application triggers a hard inquiry that can temporarily lower your score. ## The bottom line Saving money fast isn’t just about cutting expenses — it’s about making smarter financial choices. By reassessing spending habits, leveraging cash-back rewards and automating savings, you can create financial breathing room and adjust your finances quickly. Whether you’re building an emergency fund, tackling debt or saving for a major purchase, implementing even just a few of these tips can help you make meaningful progress. Did you find this page helpful? Why we ask for feedback Your feedback helps us improve our content and services. It takes less than a minute to complete. Your responses are anonymous and will only be used for improving our website. Help us improve our content Yes No Thank you for your feedback\! Your input helps us improve our content and services. Cite us Share this article Share this article Close ![](https://www.bankrate.com/2019/02/26150227/Matt-2019-Headshot-275x275.jpg?auto=webp&quality=85&width=96&height=96&fit=cover&enable=upscale&crop=1:1,smart) Written by [Matthew Goldberg](https://www.bankrate.com/authors/matthew-goldberg/) Former Senior Consumer Banking Reporter - [Connect with Matthew Goldberg on Twitter](https://twitter.com/@mattatbankrate) - [Connect with Matthew Goldberg on LinkedIn](https://www.linkedin.com/in/mattgoldberg/) - [Get in contact with Matthew Goldberg via Email](mailto:matthew.goldberg@bankrate.com) [Read more from Matthew](https://www.bankrate.com/authors/matthew-goldberg/) Matthew Goldberg is an award-winning writer who has been in financial services for more than 14 years. He uses his banking experience to help inform readers as they make important personal finance decisions. ![Side view of father cooking food while daughter having apple in kitchen](https://www.bankrate.com/2020/02/10184532/How-to-save-money-fast.jpeg?auto=webp&optimize=high&crop=16:9) Maskot/Getty Images Bankrate is always editorially independent. While we adhere to strict editorial integrity , this post may contain references to products from our partners. Here's an explanation for how we make money . Our Bankrate promise is to ensure everything we publish is objective, accurate and trustworthy. ## You may also like ![Business colleagues having a conversation](https://www.bankrate.com/2024/03/25181838/places-to-save-your-extra-money.jpeg) [7 places to save your extra money](https://www.bankrate.com/banking/savings/places-to-save-your-extra-money/) Savings By [Karen Bennett](https://www.bankrate.com/authors/karen-bennett/) 5 min read ![Happy woman reacting to news from her laptop](https://www.bankrate.com/2023/06/06174250/GettyImages-1306153899.jpeg) [5 ways to grow your savings with automatic transfers](https://www.bankrate.com/banking/savings/grow-your-savings-with-automatic-transfers/) Savings By [René Bennett](https://www.bankrate.com/authors/rene-bennett/) 3 min read ![A woman reading the label on a food item while out shopping for groceries in her local supermarket.](https://www.bankrate.com/brp/2024/10/14170448/how-to-save-money-on-everyday-purchases-300x169.jpg) [How to save money on everyday purchases](https://www.bankrate.com/personal-finance/save-on-everyday-purchases/) Personal Finance By [Karen Bennett](https://www.bankrate.com/authors/karen-bennett/) 7 min read ![](https://www.bankrate.com/brp/2025/01/04134522/Deposits-14-easy-tips-to-help-you-save-money-without-going-to-a-lot-of-effort-300x169.jpg) [How to save money: 14 easy tips](https://www.bankrate.com/banking/savings/how-to-save-money/) Savings By [Karen Bennett](https://www.bankrate.com/authors/karen-bennett/) 7 min read ## [Bankrate logo](https://www.bankrate.com/) ### About - [About us](https://www.bankrate.com/about/) - [Leadership](https://www.bankrate.com/leadership/) - [Press room](https://www.bankrate.com/press-releases/) - [Bankrate Data Center](https://www.bankrate.com/data-center/) - [Careers](https://www.bankrate.com/careers/) - [Site map](https://www.bankrate.com/corporate/site-map/) ### Help - [Compare rates](https://www.bankrate.com/compare-rates/) - [Latest news](https://www.bankrate.com/news/) - [Popular topics](https://www.bankrate.com/popular-finance-topics/) - [Advertise with us](https://www.bankrate.com/media-kit/) ### Legal - [Privacy policy](https://www.bankrate.com/privacy/) - Cookie settings - [Do Not Sell or Share My Personal Information](https://www.bankrate.com/do-not-sell-or-share-my-personal-information/) - [Consumer Health Information Privacy Policy](https://www.bankrate.com/consumer-health-information-privacy-policy/) - [Understanding Bankrate’s averages](https://www.bankrate.com/understanding-bankrates-rate-averages/) - [Terms of use](https://www.bankrate.com/terms/) - [GLBA annual notice](https://www.bankrate.com/glba-notice/) - [California Consumer Financial Privacy Notice](https://www.bankrate.com/2022/02/15094901/california-notice.pdf) - [Licenses](https://www.bankrate.com/licenses/) ### How we make money Bankrate.com is an independent, advertising-supported publisher and comparison service. Our websites may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened. Therefore, this compensation may impact what products appear and how, where, and in what order they appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. Bankrate, LLC NMLS ID\# 1427381 \\| [NMLS Consumer Access](http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1427381) BR Tech Services, Inc. NMLS ID \#1743443 \\| [NMLS Consumer Access](http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1743443) © 2026 Bankrate, LLC. A Red Ventures company. All Rights Reserved.
Readable Markdown	## Key takeaways - Making even minor adjustments to your finances, such as canceling subscriptions or paying with cash, can add up quickly. - Consider automating your savings and bill payments to keep your budget in check. - Regularly evaluate your spending, from bank fees to energy consumption, to uncover opportunities for quick wins. According to [Bankrate’s latest emergency savings report](https://www.bankrate.com/banking/savings/emergency-savings-report/#no-emergency-savings), 27 percent of U.S. adults don’t have emergency savings and 59 percent feel uneasy about their current savings amount. Having an [emergency fund](https://www.bankrate.com/banking/savings/starting-an-emergency-fund/), ideally equivalent to three to six months’ worth of living expenses, and regularly saving money, can help you break free from the cycle of living paycheck to paycheck. Whether you want to learn how to save money fast to get peace of mind for unexpected bills or reap the benefits of putting more money into a high-yield savings account, we’ve compiled a list of25 tips to help you save money fast. ## 1\. Assess your current financial habits Before you can make quick financial adjustments, it’s essential to understand your current financial habits. Consider tracking your expenses for a period of 30 days to identify unnecessary costs. Divide spending into [fixed and variable costs](https://www.bankrate.com/personal-finance/fixed-expenses-vs-variable-expenses/). Fixed costs are rent, insurance premiums and car payments that don’t change monthly. Variable costs include grocery bills, gas, dining out, entertainment and other fluctuating expenses. ## 2\. Create a budget [Budgeting](https://www.bankrate.com/banking/how-to-make-a-monthly-budget/) isn’t just about tracking expenses — it’s about taking control of your money. You can budget with pen and paper to tally up daily expenses or use paid or free budgeting tools or apps. Apps like You Need A Budget (YNAB) or Monarch can help you track spending, set financial goals and save more effectively. Knowing where your money goes allows you to [make smarter spending decisions](https://www.bankrate.com/banking/savings/ways-to-save-money-on-a-tight-budget/) and cut out miscellaneous costs to help you save money fast. ## 3\. Work on paying down debt [High-interest debt](https://www.bankrate.com/loans/personal-loans/how-interest-rates-affect-debt/), particularly credit card balances, can erode your financial progress. Paying off these debts quickly reduces the amount you lose to interest, allowing you to redirect more money into savings. Using the debt snowball or avalanche method can help you stay focused on repayment. ## 4\. Consider alternate forms of transportation According to a recent research study by the Bureau of Transportation Statistics, [52 percent](https://www.energy.gov/eere/vehicles/articles/fotw-1230-march-21-2022-more-half-all-daily-trips-were-less-three-miles-2021) of all trips are less than three miles, and 28 percent are less than one mile. Walking or biking instead of driving can significantly cut gas, maintenance and insurance costs. If public transit is an option, compare costs to see if you can save money by commuting differently. ## 5\. Examine your subscriptions Many people unknowingly spend money on unused subscriptions. Review your credit card and bank statements to identify and cancel services you no longer need. [Apps that track your subscriptions](https://www.bankrate.com/banking/savings/best-apps-to-manage-subscriptions/), such as Rocket Money and Bobby, can help you manage recurring expenses. ## 6\. Automate your savings Many online banks and apps like Qapital allow you to [automate your savings](https://www.bankrate.com/banking/savings/grow-your-savings-with-automatic-transfers/#what-it-means) by regularly rounding up your purchases or transferring small amounts into your savings account. Automation ensures you are consistently putting money away without manual intervention. ## 7\. Set up automatic bill payments Late fees from missed manual payments can add up quickly. Avoid these costly fees by automating bill payments so you never miss an important due date. Just ensure your account has sufficient funds to prevent [overdraft fees](https://www.bankrate.com/banking/checking/what-is-an-overdraft-fee/). ## 8\. Switch banks for better interest rates and fewer fees Traditional banks may charge fees that chip away at your savings. Consider switching to an [online-only bank](https://www.bankrate.com/banking/best-online-banks/), many of which offer fee-free checking and higher-interest savings accounts. Online banks can offer savings accounts with [annual percentage yields (APYs)](https://www.bankrate.com/banking/savings/what-is-apy/) of more than 4 percent, compared with less than 1 percent at traditional banks. Explore: [Best high-yield savings accounts](https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/) ## 9\. Open a short-term certificate of deposit (CD) A certificate of deposit (CD) is a great way to grow your savings if you can afford to lock away some money temporarily. [They offer a fixed interest rate](https://www.bankrate.com/banking/cds/what-is-a-cd/), often higher than savings accounts. Currently, [one-year CDs](https://www.bankrate.com/banking/cds/best-1-year-cd-rates/) can yield over 4 percent APY, a solid return on your money. Read more: [Best CD rates](https://www.bankrate.com/banking/cds/cd-rates/) ## 10\. Use rewards and loyalty programs Joining rewards programs at grocery stores, pharmacies or retail chains can be an easy way to maximize your budget. Loyalty programs can save households hundreds of dollars annually, especially with coupons and special offers. With that said, be wary of promotional offers that tempt you into spending more than you had planned. ## 11\. Pay with cash or set spending limits Psychologically, it’s harder to part with physical cash than to swipe a card, so paying with cash for everyday expenses can curb impulse purchases like that new game or the next round of drinks. On the other hand, if a credit card fits your lifestyle better, you can take advantage of some safety nets. For example, many banks allow you to set spending limits or alerts on your credit cards, which help you control your spending and avoid losing money. ## 12\. Stop paying for convenience services Americans spend a lot on convenience services — over [\$400 per month](https://www.usatoday.com/story/money/personalfinance/2023/09/28/americans-spending-big-amazon-doordash-delivery/70985566007/) on delivery alone. To start recouping some of that money, stop outsourcing your services and “insource” instead. Cooking at home or doing minor household repairs can add up to significant, fast savings. ## 13\. Earn cash back on everyday purchases If you need to use credit, make sure you’re rewarded. Apps like Rakuten and Ibotta provide additional savings when shopping online or in-store. [Cash back credit cards](https://www.bankrate.com/credit-cards/cash-back/best-cash-back-cards/) often offer up to 5 percent cash back on various categories such as groceries, dining and online shopping. Just remember to pay off the balance each month to avoid interest charges. ## 14\. Buy in bulk Buying in bulk from stores like Costco or Sam’s Club can save you a lot of money in the long term, particularly for non-perishable items. Bulk buying can reduce your shopping costs significantly, especially if you’re carefully watching the cost per unit (CPU). However, be cautious — buying perishable goods in bulk could lead to food waste. Make sure to store items properly to maximize shelf life. ## 15\. Clip coupons Sites like Honey and RetailMeNot make finding and applying digital coupons at checkout easy. According to [CouponFollow](https://couponfollow.com/research/coupon-data-study), a leading coupon company, households that use coupons can save as much as \$1,465 annually. Pair coupon usage with in-store promotions for deeper discounts and automate your coupon clippings by installing a mobile app or browser extension that automatically finds and applies coupons at checkout. ## 16\. Refinance loans to get lower rates [Refinancing](https://www.bankrate.com/mortgages/refinance-rates/) replaces your current loan with one that has better terms, such as a lower interest rate. This usually means lower payments every month. It also helps you pay off the loan faster and spend less on interest over time. Even a small drop in interest can lead to significant savings. However, refinancing isn’t free. According to Freddie Mac, switching a mortgage often costs about [3 percent to 6 percent](https://myhome.freddiemac.com/refinancing/planning-to-refinance#:~:text=You%20can%20expect%20to%20spend,lender%20or%20a%20new%20lender.) of the new loan amount, depending on your loan and where you live. Always compare offers from different lenders to find the best rate. ## 17\. Shop for better insurance rates Many people stick with the same insurance provider for years, not realizing they could save hundreds by switching. Shop around and compare quotes on [car](https://www.bankrate.com/insurance/car/), [home](https://www.bankrate.com/insurance/homeowners-insurance/cheap-homeowners-insurance/) or [renters](https://www.bankrate.com/insurance/homeowners-insurance/best-renters-insurance-companies/#do-i-need-renters-insurance) insurance. You can also consider [bundling your home and car insurance](https://www.bankrate.com/insurance/car-and-home-insurance-bundle/) for the best deals. ## 18\. Use a no-fee credit card If your credit card charges an annual fee, consider downgrading to a no-fee option. Many companies, such as Citi or American Express, offer [no-annual-fee credit card alternatives](https://www.bankrate.com/credit-cards/rewards/best-no-annual-fee-cards/) that still provide rewards without the added cost. ## 19\. Plan no-spend days [No-spend challenges](https://www.bankrate.com/personal-finance/no-spend-challenge/) are an effective way to reset your budget and become more mindful of unnecessary expenses. Challenge yourself to go without spending money on anything outside of essential costs like groceries, bills and transportation for a set period, like one day per week or one week per month. ## 20\. Eliminate one spending habit Eliminating one costly habit — whether it’s your daily coffee, subscription boxes or online shopping sprees — can save hundreds, if not thousands, annually. Identify a habit and commit to reducing or eliminating it to free up extra cash for savings. ## 21\. Buy secondhand or get used items for free Online platforms such as Poshmark, Depop and ThredUp offer gently used clothing and household goods at a fraction of their original price. Buying secondhand can save you a significant amount of money compared to buying new. For example, purchasing used clothing can save about [\$900](https://www.thecommons.earth/blog/the-myth-and-potential-of-sustainable-fashion#:~:text=Annual%20estimated%20cost%20savings%3A%20$900,upwards%20of%20$900%20per%20year.) a year. Big-ticket items such as furniture, electronics and home improvement tools are often available in excellent condition at consignment shops or on online platforms such as Craigslist and Facebook Marketplace. ## 22\. Embrace DIY projects The do-it-yourself, or DIY, movement continues to grow thanks to countless online resources created to help you complete projects at home for a fraction of the cost of hiring professionals. Painting your own home, for example, could save between [\$500 and \$5,000](https://www.bankrate.com/homeownership/how-much-does-it-cost-to-paint-a-house/). Simple DIY tasks such as painting, landscaping or sewing can cut expenses while adding a personal touch to your space or wardrobe. Platforms such as YouTube offer tutorials to help you learn basic car maintenance or home repairs, saving money over time by allowing you to handle small fixes yourself. ## 23\. Reduce your energy bills Small changes and [energy-efficient home upgrades](https://www.bankrate.com/homeownership/low-cost-eco-friendly-home-upgrades/), such as installing a programmable thermostat, adding weather stripping to doors and windows or switching to energy-efficient appliances, can reduce utility bills month after month. According to the U.S. Department of Energy, setting your thermostat back 7 to 10 degrees Fahrenheit for eight hours a day can save up to [10 percent](https://www.energy.gov/energysaver/programmable-thermostats#:~:text=You%20can%20save%20as%20much,those%20in%20more%20severe%20climates.) on annual energy bills. Many energy companies also provide rebates and tax incentives for eco-friendly home improvements, boosting your savings even more. ## 24\. Take advantage of credit card rewards Getting the most out of your [credit card rewards](https://www.bankrate.com/credit-cards/rewards/best-rewards-cards/) can require a slight learning curve, but it can be worth the effort when done right. Before you make any large purchases, check which card gives you the best return on spending. Shop around for credit cards with introductory offers that give you extra points or miles just for signing up. ## 25\. Improve your credit score Raising your credit score can save you thousands on everything from credit cards to [homeowners insurance](https://www.bankrate.com/insurance/homeowners-insurance/does-credit-score-affect-home-insurance/). Regularly review your credit reports from Experian, Equifax and TransUnion to catch errors or signs of fraud. If you find any mistakes, [dispute them](https://www.bankrate.com/personal-finance/credit/how-to-clean-up-a-credit-report/) with the appropriate credit reporting agency. To [improve your score](https://www.bankrate.com/personal-finance/credit/how-to-build-credit-fast/), focus on making payments on time and reducing your [credit utilization ratio](https://www.bankrate.com/credit-cards/advice/credit-utilization-ratio/). Avoid applying for new accounts too frequently, as each application triggers a hard inquiry that can temporarily lower your score. ## The bottom line Saving money fast isn’t just about cutting expenses — it’s about making smarter financial choices. By reassessing spending habits, leveraging cash-back rewards and automating savings, you can create financial breathing room and adjust your finances quickly. Whether you’re building an emergency fund, tackling debt or saving for a major purchase, implementing even just a few of these tips can help you make meaningful progress. Did you find this page helpful? Help us improve our content
Shard	148 (laksa)
Root Hash	16841441868536461148
Unparsed URL	com,bankrate!www,/banking/savings/how-to-save-money-fast/ s443