Happy March, friends! I love March. We’re starting to get the feeling spring is right around the corner. Also, March is my birthday month! I believe in celebrating for the whole month – which does not have to equal spending money. March is also a great month for saving money! In this post I’m going to tell you 5 things you can do to save money in March.
5 Things you can do to Save Money in March
If your New Year’s resolution (or goal for the year) was to save more money and you’re not doing so hot with it so far, March is a great time to turn that around!
These 5 ideas for saving money in March a great place to get started.
You can pick one idea from the list, or try all 5!
1. Spending Freeze
There are no big holidays this month. (Of course, St. Patrick’s Day is always fun, but you don’t really need to buy anything for that.) So, it’s the perfect month to try a spending freeze!
If you’re not familiar with the idea of a spending freeze, it is basically a spending freeze is a period of time in which you’re not spending any money at all.
This no-spend challenge is a great way to save money quickly to help you get ahead, pay off debt, or save for a specific goal.
If you haven’t tried a spending freeze before, March is the month to do it!
And if you have tried it and didn’t love it, switch it up! Spending freezes are so flexible, you can really make them work for you.
2. Prep for the Spring
Plan ahead for a frugal season.
Take a few minutes, sit down with a cup of tea (or a glass of vino – no judgement!), and a notebook.
Actually write down what you want to focus on over the next few months and specifically in March.
What will make the biggest difference for you and your family?
Do you need to set and stick to grocery budget so you stop wasting all your money on food? Learn how to do that here.
Maybe you’re spending all your money on entertaining your family. Spend some time mapping out FREE entertainment and free up those dollars for another purpose.
Whatever your specific issue is, decide to be intentional about it this month.
3. Get your Tax Refund
Do you think you’ll have money coming back to you this year?
If so, don’t wait for the last minute. Get started on it now!
For simple refunds, you can probably do it yourself using simple online software like Turbo Tax.
Of course, if you don’t feel comfortable with that, consult a professional.
My husband and I generally have a professional accountant do our taxes.
But my mother has a very simple tax return and every year I help her to file it using Turbo Tax online and it’s super easy and affordable (sometimes even free).
If you think you’ll have to owe money this year, just go ahead and put it off until April. (just kidding!)
4. Sell something
While you’re spring cleaning and going through all that stuff you haven’t used in months (or years) put aside some things to sell.
What can you sell?
Almost anything of value.
Old GPS? Sell it.
Old designer shoes/outfit/handbag? Sell it.
Old calculator from high school? SELL IT!
You’ll be surprised at how much someone else is willing to pay for your old junk.
Where do you sell it?
Facebook Marketplace, Poshmark, Amazon (yes, you can sell stuff on Amazon!). And of course, eBay is still a thing, too.
Whatever it is, wherever you sell it, it’ll be so much better as money in your pocket than taking up space in your home.
5. Turn down your heat
Warmer weather is on it’s way! It’s time to let that sunshine in and turn down that thermostat.
Dropping your heat by even one degree will have a huge impact on your heating costs!
Put a sweater and a pair of cozy sock and bundle up under a blanket.
Get ready for longer, warmer days coming soon!
Spring officially starts on March 21st! And Daylight Savings is on March 10th, so set a reminder and get ready to Spring ahead.
Here are more tips for saving money on home heating costs.
Start Saving!
Try these 5 things you can do to save money this March. Set yourself up for a smooth month of March and a stress-free financial season ahead by taking some time to plan for savings. Try a spending freeze. Get your tax refund. Sell your old stuff and make some cash. And turn down your heat. These 5 simple steps will leave you in a better place at the end of the month.
Psst… Do you want more money saving tips and insights that I just don’t share anywhere else? Hop on my email list here and let me help you refocus and work towards you goals each week.
Want more? Here are some of my best posts:
7 Frugal Habits that will Save you Thousands
3 Tips to cut your Electric Bill in Half
5 Easy ways Moms can get Free Baby Stuff
How to Set and Stick to a Grocery Budget
This information has been very helpful thanks for sharing this post.
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Thanks Holly!