A new year is a second chance to improve personal finances and start saving money. 

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A new year marks a new opportunity to fulfill resolutions and commitments. For millions of Americans, this can mean getting back into shape, taking on a new hobby, or just generally improving your health and wellness.

It can also be a second chance to improve personal finances and start saving money. With that being said, it’s not always easy to save money, particularly during periods of high inflation. As the cost of living and weekly food shopping increases, it can be difficult to make ends meet, let alone save some extra money.

Fortunately, there are a series of ways consumers can start saving now, without having to touch their paychecks. It may not be quick – and it may take some research – but if you’re committed you can start saving money today.

How to save more money in 2023

Whether you’re looking to fulfill your 2023 resolution – or just want to keep some money in your pocket – consider these three ways to start saving money now. 

Review insurance policies for savings

Don’t get too comfortable with your current insurance providers. It’s possible that you could be paying less for the same (or even more) coverage. You’ll need to do your homework and shop around to see where you can potentially save.

There are strategies you can use to get cheap life insurance, travel insurance or pet insurance. You can (and should) also look into any eligible discounts you may qualify for. Don’t forget to look into your current home insurance policy, too, as you may be paying for coverage you don’t need (or if you live in a building, coverage that the landlord or owner already has).

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