1. Rent Out a Room (Part-Time or Full-Time) When I was single, I always rented out at least one bedroom. My housemate covered at least 70% of my mortgage payment. They covered their portion of utilities, lowering those costs as well. And nearly every housemate I ever had went on to become a close friend.
1. Review your spending habits If you want to determine how to save money, you need to figure out how to spend less of it. Many bank statements incorporate categorized spending reports. These can 01 of 05 20 Ways to Save on Food Joos Mind / Taxi / Getty Images Cook your meals at home. Shop with a list. Use a meal planning service to plan your meals. Eat leftovers for lunches or pack a lunch from home. Cook all your meals once a week or once a month to make eating at home easier. Use coupons and shop the sales at your grocery store. 16LDW3H.