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Dollars cash money on copy space white background with note written SPEND LESS SAVE MORE, financial planning to achieve financial independence by spend less than earning.

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This includes cost of living expenses, such as food, housing, transportation and health care.

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There is hope on the horizon, with dollar bills remaining comfortably in your wallet and bank account.

Mobile is easy switch from your overpriced provider to a budget-friendly provider, like Mint Mobile, Bodge added.

Cable is another target.

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This switch could save you at least $50 a month, Bodge explained.

Put Money in Your Savings

As the saying goes: a penny saved is a penny earned.

Open a high-yield savings account and set up automatic withdrawals that work for your budget, Bodge said.

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Some credit cardsoffer cash back or points when you make purchases in select categories, Bodge explained.

You want to create a balance between enjoying life and saving money, Bodge said.

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