405: How To Save Money On A Low Income (Realistic Strategies That Work)
The Clever Girls Know Podcast With Bola Sokunbi
Bola Sokunbi
4.8 • 931 Ratings
🗓️ 3 March 2026
⏱️ 15 minutes
🧾️ Download transcript
Summary
New Book - Clever Girl Millionaire;
If you've ever thought, "How am I supposed to save money when I barely make enough to cover my bills?", this podcast episode is for you.
Saving money on a low income can feel impossible. Rent, groceries, debt, childcare — it adds up fast. But here's the truth: you can start building savings, even if it's just $5 at a time.
On this episode, I'm walking you through realistic, practical ways to save money on a tight budget, without shame, without skipping meals, and without feeling deprived.
YOU'LL LEARN:
- How to start an emergency fund on a low income
- How to automate tiny savings transfers
- How to save money when living paycheck to paycheck
- Simple ways to cut expenses without extreme restriction
- How to create extra income with micro side hustles
- How to stay motivated when savings feel slow
Building financial security isn't about big deposits. It's about consistency and strategy. Even small amounts saved can create real peace of mind.
More Clever Girl Finance Resources:
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❤ Get the best-selling Clever Girl Finance Books: clevergirlfinance.com/books
❤ Get access to 30+ free courses, worksheets, savings challenges, and our favorite banking resources: clevergirlfinance.com/course-packages
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Transcript
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| 0:00.0 | So let's be honest, saving money when you feel like every dollar is accounted for can be difficult, right? |
| 0:05.9 | You have bills to pay, you have childcare costs to pay, you have utilities, housing, transportation costs to pay. |
| 0:13.2 | And then someone tells you to save and you're like, with what money? |
| 0:16.1 | But here's the truth. |
| 0:17.4 | Even on a low income, it is possible to save without the guilt, without the shame, |
| 0:21.6 | and without skipping meals. It's all about setting intention. So I'm going to walk you through |
| 0:26.3 | realistic and doable strategies that can help you save even if your dollars feel super tight right now. |
| 0:31.6 | Because building a financial cushion isn't just about having money in the bank. It's about |
| 0:36.6 | having peace of mind. So let's talk about |
| 0:39.0 | some strategies you can use to save even if you're earning a low income right now. |
| 0:43.2 | Hello everyone and welcome to the Clever Girls Know podcast. This is Bola Shokombi. I'm the founder |
| 0:49.1 | and CEO of Clever Girl Finance. The Clever Girls No Podcast is a podcast for women offering a space for conversations around |
| 0:56.9 | personal finance, business, life, and living. |
| 1:00.4 | I'd love for you to subscribe to this podcast, and you can do that everywhere you listen to |
| 1:04.4 | your podcast episodes. |
| 1:06.1 | And if you love what you're listening to, be sure to leave a review so that other amazing |
| 1:10.2 | women just like you |
| 1:11.1 | can find this podcast too. Also, don't forget to stop by Clevergirlfinance.com forward slash |
| 1:17.4 | subscribe and sign up for our weekly newsletter. It's a great way to get motivation and accountability |
| 1:23.0 | sent straight to your inbox as you work on achieving your financial goals. |
| 1:32.4 | We also have over 30 plus completely free courses to help you on your financial journey. |
| 1:35.8 | And if you haven't already, check out our YouTube channel. |
... |
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