The WIRED Gear Team’s Tips on Ways to Save Money
The WIRED Gear Team and financial experts offer practical advice for saving money during economically turbulent times, emphasizing budgeting, cutting unnecessary expenses, and leveraging tools like credit card rewards, refurbished goods, and smart technology. They recommend analyzing spending habits, building emergency funds, and automating savings to stay on track with financial goals. Strategies include using apps like Libby and Too Good to Go, buying used or refurbished items, reducing energy use with smart thermostats, and substituting car trips with biking or public transit. The focus is on actionable, sustainable steps to reduce financial stress and increase savings.
Full article excerpt tap to expand
Julian ChokkattuGearApr 24, 2026 5:00 AMThe WIRED Gear Team’s Tips on Ways to Save MoneyWe pooled advice from our team—and a few financial experts—so you can worry less and save more in these turbulent times.Photograph: Bloomberg/Getty ImagesCommentLoaderSave StorySave this storyCommentLoaderSave StorySave this storyThe Iran war has spiked gas prices. The RAM crisis has spiked prices on electronics. A wide swath of imported goods costs more than before due to Trump's tariffs. Right now, your wallet is likely feeling the squeeze.It's a tumultuous time, and the constant media barrage of doom and gloom doesn't help ease anxieties. It's also hard to figure out when things will get better, so you're stuck in a rut of worrying about finances. It's OK. Take a breath. The first thing to remember, according to “The Budgetnista” Tiffany Aliche, is that the economy is cyclical.“I've lived long enough to see many ‘worst times,’” Aliche says. She's a financial educator and author of The New York Times Best Seller Get Good with Money. "Well, if it is the worst time, what the hell can I do about it? Sometimes you have to take the apps off your phone. I took Instagram off my phone, and I allow myself to check it on my laptop, which is far less addictive.”Constrict your doomscrolling so you won't feel the constant anxieties from the day's news. Now, how can you actually find ways to conserve and save money? First, look at tightening your spending as much as possible. Aliche says you should analyze your credit card statements and see exactly where your money is going. Is there any wiggle room? Can you cut a few subscriptions to save a few bucks every month? She calls it the ramen noodle budget.Once you make those adjustments, it's worth thinking about bigger changes. It might be that those plans never have to come to fruition—like moving in with parents or getting a roommate to save money on housing. “Make the doomsday plan,” she says. “You don't have to act on it now, but what is that plan if things really get rough, and start having those conversations.”WIRED Ways to SavePhotograph: Megan Varner/Getty ImagesAirfare Keeps Going Up. Here Are Some Tricks to Finding Cheap(er) Tickets5 Reasons to Think Twice Before Using ChatGPT—or Any Chatbot—for Financial Advice7 Apps to Help You Trim Down Subscriptions—and Save MoneySean Pyles, producer and host of NerdWallet's Smart Money podcast (also a certified financial planner), echoed Aliche's sentiment of starting with your most recent spending to see where your money is going, and see if it aligns with your values and goals. Do you really need to Uber everywhere? He's also a fan of keeping a level head and avoiding rash decisions, especially when there's a lot of volatility in the stock market. Focus on your time horizon instead, and ignore the swings in the market.“The wiser step is to ignore it as noise and realize that this is someone else's problem, not mine right now,” he says. “Focus on what you can control. Maybe you have a financial goal to save for a vacation or a wedding, or it is your retirement you're investing for now—do what you can to make sure you're on track to meet those goals.”It's prudent to build up an emergency fund. Aliche recommends saving up ideally six months of your noodle budget, which you'd typically spend on necessities like rent, mortgage, and utilities. Both Aliche and Pyles suggested automating your finances as much as you can. Set it up so that you have some cash—maybe…
This excerpt is published under fair use for community discussion. Read the full article at WIRED.