How To Save Money (When You Don’t Have Any)


Want to know how to save money even if you feel like you don’t make enough, or are flat-out broke?

Here’s what to do:

Depending on your financial situation, setting up a workable Conscious Spending Plan may seem out of reach for you.

Some people have already cut their spending to the bone and still don’t have any extra money.

For me to suggest that they put away 10 percent for retirement is, frankly, insulting. How can they be expected to contribute 10 percent toward long-term savings when they don’t have enough to fill the car with gas?

Sometimes this is reality, and sometimes it’s perception.

Many of the people who’ve written me saying they live paycheck to paycheck actually have more wiggle room in their budgets than they think (cooking instead of eating out, for example, or not buying a new cell phone every year).

They just don’t want to change their spending.

However, it’s true that many people really cannot afford to cut more spending and really are living check to check.

If you simply can’t cut more out of your budget, this spending plan may be a useful theoretical guide, but you have more important concerns: making more money.

There’s a limit to how much you can cut, but no limit to how much you can earn. Once you increase your earnings, you can use the Conscious Spending Plan as your guide.

Until then, here are three strategies you can use to earn more.

Method #1: Negotiate a Raise (So ​​You Can Save More Money)

If you already have a job, it’s a no-brainer to negotiate for a raise.

The Society for Human Resource Management (SHRM) notes that the average cost per hire is $4,425. If they’ve already spent nearly $5,000 recruiting you, and thousands more training you, would they really want to lose you?

Asking for a raise takes careful planning. I even wrote an article on how to negotiate your salary.

Don’t do what my friend Jamie did.

When he realized he was being…



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