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15 Simple Lifestyle Changes to Help You Save Money

15 Simple Lifestyle Changes to Help You Save Money

There are plenty of lifestyle changes you can make to help you save more money.

Saving money is something we all try to do, but sometimes you don’t think about all the little things you can do to help.

Today I’ll be sharing some simple lifestyle changes to help you save money that I’ve implemented into my own life!

Everyone has different lifestyles and finance situations, and I’ve made sure to incorporate lifestyle changes almost everyone can make.

Here are lifestyle changes that will help you save money in the long run.

Boxcar Social Harbourfront, Toronto

1. Cut your own hair

Unless you’re doing something completely different like going from long hair to a bob, trimming and cutting your own hair is a heck lot easier than it seems.

One of my previous hairdressers charged me $60 to trim literally one inch off of my hair, when I easily could’ve just done it myself.

Grab a pair of scissors and find a YouTube tutorial, then sit in front of a mirror and just go for it.

I personally use my kitchen scissors, but you can grab an actual pair of haircutting scissors.


2. Use a menstrual cup

Honestly, I had a menstrual cup for at least a year before I was brave enough to actually use it.

It’s much more environmentally-friendly than pads and tampons, and it’s also a lot more cost-effective!

You also change it a lot less often than pads and tampons, and you can wear it overnight.

I use the Life Brand menstrual cup from Shoppers Drug Mart.


Homemade poké bowls are an easy lunch idea to make at home!

3. Cook more often

Eating out or ordering takeout/delivery often becomes a habit, and I know it’s really hard to break.

When I started freelancing several months ago, I put forth the effort to begin cooking more.

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Now that I’ve been cooking for quite a bit, I have my staple dishes that I can whip up super quickly.

I’ve also realized how many quick and easy recipes are out there!

Pretty much every morning, Adam has cereal and I have oatmeal for breakfast.

We usually buy a bulk pack of chicken breast and some veggies for let’s say, around $35, and it lasts us 5 meals.

That’s $3.50 a person for 5 meals, when eating out or getting takeout/delivery can be anywhere from $10-25 a person.


Homemade cold brew

4. Make your own coffee or tea

I know the routine of grabbing a coffee before getting to the office or with your coworkers.

Instead of buying $5 lattes everyday, make coffee or tea at home before you leave or at the office.

This way, it’ll also be a treat when you do decide to go out and buy that latte.

A jar of instant coffee costs around the same as a takeout coffee at Starbucks, and it can last you for months!

You can even spice up your day by making some dalgona coffee!


5. Buy everyday items in bulk when they go on sale

I know I need my Cetaphil body lotion every single day (#eczemaprobz), so I buy it in multiples when it goes on sale.

It’s almost $20 for a single bottle, and I’ve bought bottles around $10 each when on sale.

Instead of buying one product and having to repurchase for the full price if it happens to not be on sale when you run out, buy multiples and save money in the long run.

Literally almost everything goes on sale, whether it’s canned food, snacks, or even toothpaste.


6. Shop less fashion and clothing

Adam used to be a big sneakerhead and I used to buy a lot of clothes, but now we only buy things we really love or need.

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Our recent purchases include hiking shoes for the both of us, because we hike a lot when we travel.

Here are a few more tips on how to save money when it comes to shopping:

  • Try to only shop during sales, because almost every clothing and fashion store goes on sale. If you have the time to, check both online and in-store because the sale prices can be better in one vs. the other sometimes.
  • You can use Ebates to get cash back at some stores when you shop online.
  • Try thrift or vintage shopping. If you’re in Toronto, check out some of my fave Toronto vintage clothing stores!
  • Sell your gently used clothing or shoes to other people or to buy/sell/trade shops.

By buying less clothes, you’re also helping to contribute to the sustainable fashion movement!


7. Live below your means

I know with the world of Instagram and social media, it’s hard to not want to have the latest trends or newest gadgets.

But, you should be living smarter, not spending money you don’t have or should be saving.

I know plenty of people who complain they’ll never own a home, which I know is in large part because of the wild Toronto housing market (life in Toronto is very expensive).

At the same time, a lot of these people go out and buy expensive designer clothing or constantly order takeout or delivery.

Living below your means allows you to save money in the long run, which will help you to have a financially secure future where you may one day be able to spend a little more on what you want.

I have a blog post all about good financial habits to make if you’re interested!

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8. Compare prices before purchasing

From electric toothbrushes to instant pots, you’ll find the same products and brands on many different websites and retailers.

It might be half off on one retailer and full price on another, so do a quick check before purchasing anything.

Shop smarter, not impulsively!


9. Cancel extra subscription services

While Ipsy was a fun little surprise to receive every month in my mailbox, I didn’t even touch most of the beauty products I received.

Which is why I canceled my subscription sometime last year.

For most of the time I had a gym membership in 2018, I didn’t even use it.

If you don’t need it, cancel it!

I personally subscribe to Amazon Prime, Spotify, and some services for this blog because those are things I actually use on a daily or weekly basis.


10. Share subscription services

Ain’t no shame in sharing, my friends.

My family has a shared Netflix account, and I know a lot of other families do as well.

Spotify and Apple Music both have family plans.

What’s the point in paying individually for services if you can share it with no problems?


11. Workout at home

Gym and fitness memberships really add up, especially if you don’t end up using them that much.

For all the time I’ve paid for gym memberships, I’ve probably only actually gone to the gym half that time!

There are so many great online workouts you can do at home, and you can even buy an exercise mat and weights to use at home.

Also, if you live in an apartment or condo with its own gym, you might as well use it instead of paying for a separate gym membership!


12. Use public transit instead of ride-sharing

If it’s easy for you to get from A to B by walking or taking public transit, do those things instead of using Uber or Lyft.

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Save money, gain some exercise.

Obvious exceptions include when you’re running late or it’s -20 outside.

I have a blog post all about how to make your daily commute more enjoyable!


Holiday charcuterie board

13. Spend more time in than going out

Instead of going out every weekend with your friends and buying $10 cocktails each, have a cozy night in with a $10 bottle of wine everyone can share.

Instead of going out to the movies every weekend with your partner, spend a nice date night at home cooking a nice meal together and watching a movie on Netflix.

You don’t have to go out to have fun!

If you’re in need of some inspo, I’ve got a blog post all about date ideas to do at home.


14. Open a savings account

If you have trouble saving money when it’s in your chequing account, perhaps you might want to open a separate savings one.

This way, you won’t be able to touch your money as easily, and you might be able to earn a little bit of interest on it.

Some people just get tempted by seeing money in their bank account, but this is a way to help prevent that!


15. Put funds into TFSAs or RRSPs

Not enough people talk about TFSAs and RRSPs.

Once you’re a little more educated on investing, I definitely think it’s more beneficial to put money into TFSAs and RRSPs instead of savings accounts.

The Tax-Free Savings Account (TFSA) is an account Canadians can get where you don’t have to pay taxes on any contributions, interest earned, dividends, or capital gains, and you can withdraw it completely tax-free.

The Registered Retirement Savings Plan (RRSP) is a retirement savings account for working people in Canada, where you can grow your savings tax-free until you withdraw it, and it’ll be taxed at the marginal rate.

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You can create and start putting funds in both of these accounts once you turn 18.

You can contribute a max of $6,000 annually to your TFSA, and your max RRSP contribution depends on your income from the previous year.

Even contributing as small as $50 a month in each of these accounts will make the world of a difference when you retire in 30-40 years because of all the savings you would’ve accumulated over time, as well as compound interest.


Lifestyle changes to help you save money:

  1. Cut your own hair
  2. Use a menstrual cup
  3. Cook more often
  4. Make your own coffee or tea
  5. Buy everyday items in bulk when they go on sale
  6. Shop less fashion and clothing
  7. Live below your means
  8. Compare prices before purchasing
  9. Cancel extra subscription services
  10. Share subscription services
  11. Workout at home
  12. Use public transit instead of ride-sharing
  13. Spend more time in than going out
  14. Open a savings account
  15. Put funds into TFSAs or RRSPs

Saving money is different according to everyone’s lifestyle and budget, and I’ve listed things in here that are hopefully easy for everyone to implement into their lifestyles.

The more you’re able to save towards your future, the less you’ll have to stress about when you’re older.

Are there any lifestyle changes you’ve made to help you save money? What are some of your tips on saving money? I’d love to know in the comments!

P.S. if you liked this post, you might like this post on ways to make an extra side income online, or any of my other posts on career and finance tips.

Be sure to keep up with me on InstagramFacebookTwitter, and Pinterest if you aren’t already!

Jessica Lam | Toronto lifestyle, fashion, beauty, and travel blogger | Diary of a Toronto Girl, a Canadian lifestyle blog

Thinking about the future? Here are simple and easy lifestyle changes you can make to help you save money in the long run!