In today's world everyone needs a little extra cash. There are two ways to grow your savings - by reducing the amount you spend or by increasing income. In my opinion it is much easier to cut back on expenses than to take on a part time job.
Here are 10 simple ways to save some cash.

1. Write up a budget. It does not matter how much money you bring home. Knowing where your money goes is well worth the time spent in sitting down and figuring it out. The first thing you should do is determine your monthly income. Then list all your monthly expenses, including bills, mortgage, rent, loans, etc. Subtract your expenses from your income and this will tell you how much is left over for the nonessentials.

2. Have your paycheck deposited directly into your checking account. Having your check deposited directly prevents you from taking a few bucks out when you cash it.

3. Max out retirement savings at work. Contributions to a 401(k) are free from state and federal tax until the funds are withdrawn. Also, many employers match the money that you put in. By not participating in this program you are basically throwing money down the drain.

4. Set-up and contribute to an IRA.
The current limit is $5,000.00 a year for age 49 and below. The limit for 50 and above is $6,000.00 a year.

5. Establish an automatic investment plan with a mutual fund.
Have a preset amount deducted from your checking every month and put into a mutual fund. You can't spend what you can't see.

6. Limit your use of ATM's.
They sure are handy but, they can lead to trouble. Set a weekly cash budget and take it out for the week. When it's gone, it's gone.

7. Restrain from buying on impulse.
Only go shopping with a list. Do not get taken in by sales or deals. Stick to the list.

8. Adjust your eating habits.
Instead of going out to eat or eating at the company cafeteria, brown-bag it. Instead of buying a soda, bring water. Water is also a lot healthier for you.

9. Don't spend unexpected money.
Whether it's a gift, tax refund, a bonus or lottery win. Save it and put it into a investment of your choice.

10. Redirect any spending shortfalls into savings
Did you budget $2000.00 for a vacation and only spend $1700.00? Instead of spending the leftovers on non-essentials, put it into savings.