You’ve probably heard that money doesn’t grow on trees. However, if you watch what you spend, you’ll likely see more money in your account each month. Southern Bank in Greenville, NC has 10 tips to help you keep a little extra money in your pocket for the future.

10 Ways to Save Money

1. Open a savings account.

You’ll save more money in an interest-earning account than in your sock drawer. A savings account can help you get a handle on your finances and have an emergency fund, just in case.

2. Create a budget.

People often overspend without knowing it. With a budget, you’ll know exactly how much and what you can afford to spend every month.

3. Save a little at a time.

Set a little money aside every week. It’s easier to save $20 from every paycheck than it is to save a larger sum at the end of the month.

4. Think before spending.

Give yourself 24 hours before making a major purchase. You’ll have time to think about it and weigh the pros and cons of spending the money.

5. Cut out unnecessary expenses.

Those small monthly services add up over time. If you don’t need that music or movie-streaming account, cancel it. By cutting out a $10/month service, you’ll have an extra $120 at the end of the year.

6. Avoid temptations.

Don’t go on buying sprees when you can’t afford it. If you get marketing emails, unsubscribe from them to prevent spending money when you should be saving it.

7. Buy generic.

There’s hardly any difference between brand name and generic products. Buying generic food items and medicines will save you extra cash.

8. Use less water and electricity.

Turn off the lights when you’re not in a room, and cut down on your shower time. Preserving electricity and water will lower your monthly utility costs, saving you money.

9. Comparison shop.

Stores compete for your business, so take advantage of that! Shop around before you buy. You might find a better deal elsewhere, or a lower price that your favorite store will match.

10. Weatherproof your house.

Cracks and crevices can cause a high utilities bill. Caulk around windows and doors, and seal up any areas where heating and cooling could escape. Weatherproofing your home will cut your monthly costs and keep more cash in the bank.

Start Your Savings Account Today

The sooner you open an account, the sooner you can start saving your money. Stop in at your local Southern Bank in Greenville, NC to open an account and to start getting a handle on your financial future.

Help Center

  • Lost or Stolen Debit or ATM Card

    1.855.ASK.SBANK (1.855.275.7226)

  • Lost or Stolen Credit Card


  • 24-Hour Emergency Roadside Assistance

    Lock your keys in your car? Car won’t start? Call 1.833.278.1576. It’s free to use up to $80 in service charges. (For GOLD accounts with BaZing Only.)

  • Reorder Checks

    Click Here. Safe & Secure check ordering through Deluxe, our preferred check printer.

  • Customer Care Center

    1.855.ASK.SBANK (1.855.275.7226)
    Mon-Fri 8am-7pm
    Sat 9am-1pm
    Treasury Services Support available Mon-Fri 8am-5:30pm Closed Sun & federal holidays

Online Banking

Don’t have Online Banking? Sign Up