How to Save More than $100 a Month While Working from Home

Everyone is still getting used to the "new normal." The Covid-19 pandemic continues to wreak havoc across the globe, but it's essential to find ways to make sure that things fall into place. While the situation looks grim, there are a few silver linings. For one, you should consider yourself lucky when you're able to work from home during this pandemic. You're still able to earn money and put food on the table. And you have to admit that working from home offers plenty of perks.

As you try to find things to do during your free time at home, you should think about the many things you can do to save more than $100 a month.

1) No more wardrobe updates

When a new season rolls in, it's common for office employees to update their wardrobes. This might have developed into a habit that you don't even think about how much you spend on new office clothes. But since you're working from home, there's no need to buy that fancy blazer or a new pair of shoes. You can wear a professional-looking top when joining conference calls, and the people at the other end wouldn't know that you're wearing shorts or slippers. And if you're the type who buys new clothes each month, then you're quickly saving at least $30 during this quarantine period.

2) Lower car insurance

Many people don't realize that they can get a lower premium on their car insurance during the Covid-19 pandemic, especially drivers in California. Just inform your insurance provider that you'll be working from home and, thus, wouldn't use your car as much. Your insurance won't go down by a lot. Expect to save between $10 to $20, which could increase depending on your commute, car, and record. This doesn't sound much, but imagine how much you can save in a year.

3) Wiser shopping habits

Remember the early days of the quarantine when people panicked and shopped like crazy? It's hard to blame them since there was just so much uncertainty about what could happen. Today, things have eased up a bit, with grocery stores more able to cope up with demand. Other than shopping at your local store to stock up on supplies and essentials, you've probably tried shopping online as well. Online shopping shouldn't only be done out of convenience. By using coupons, you can also make the most out of it to help you keep even more money in your pocket.

4) Reevaluate your spending habits and savings goal

As a work-from-home employee, you no longer have to struggle with daily commutes, co-workers continually urging you to hang out, and not having enough energy to do other things due to exhaustion. Maximize your newfound time by reevaluating your spending habits and plan your savings goal. You have to be wiser with your money now more than ever, so dedicate time to track your budget and expenses at least once a week.

You can even turn to the good old pen and paper to feel more involved in the process instead of letting an app do all the work for you. By keeping your spending habits in check, you can see whether they align with your savings goals and allot more money toward your financial priorities.