Saving money is a good habit and it can keep you financially healthy. You need to cultivate the desire to compile good savings advice from credible sources and implement them on a consistent basis.

This can save you from financial disaster even during the worst crises. Here are three simple but effective tips to help you save money on a daily basis.

1. Switch from plastic to paper

Your credit card is one of your biggest enemies when it comes to saving money. The ease of purchasing with a card can make you buy things that you do not really need. You can also easily lose track of the amount that you have spent when you use a card.

Switch to paying cash for all your purchases. If you hate carrying money, switch to a debit card instead. It would give you the convenience of purchasing with a card, and at the same time allow you to pay for your purchase from your current cash reserves. This will effectively prevent you from overspending, and help you to spend your money more judiciously.

2. Stop buying lunch at work

If you are in the habit of buying lunch at work every day, you need to consider the option of taking a bag lunch to work instead. Or if you always pick up a drink or snack on your way to work, try preparing the same at home.

Apart from being a more healthy option, this practice can help you save at least $1300 to $1500 dollars every year. You can spend that money on something more useful, or add it to your savings account.

3. Cultivate the habit of saving

Saving a few dollars every day can quickly add up to a large amount. Keep this money in your savings account to be used only in case of an emergency. If you have a huge expense like repairing your car or a leaking roof in your home, you can dip into your savings instead of using your credit card.

Since your credit card can get you into debt very easily, always maintain a cash reserve that you can fall back on during emergencies. If required, store your credit card in a place that is quite difficult and cumbersome to access quickly. Lock it away in a chest in your basement or attic. Or wrap it in a plastic cover and keep it in your freezer. Do everything you can to make you dislike the very idea of reaching out for your credit card.

Following good savings advice will gradually change your attitude towards debt. Most Americans feel that it is okay to buy things on credit, without realizing that this is the major cause that gets them neck deep in debt. Instead of delaying a purchase to a later date when they can afford it, they look for instant gratification.

If you wish to avoid getting into debt, first of all change your attitude towards debt. Resist it like the plague. That is probably the best savings advice you can get.

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