5 things you can do with an extra five dollars per day

Saving money can seem impossible if you are living paycheck to paycheck. But by setting small goals, saving money can be easier than you think. Here are five things you can do by putting aside just five dollars a day.

If you save $5 per day for a week, you can treat yourself to a nice dinner out on Saturday night. Thirty-five dollars can get you an entrée and a glass of wine at a moderate restaurant. If you are careful about spending during the week, having something like a nice dinner to look forward to can be great reward.

If you save $5 per day for a full month, you'll have enough money to buy yourself a new outfit. $150 can buy you a new pair of jeans and a nice shirt or sweater. Or you could buy a new pair of shoes or a jacket or coat that you've been eyeing. It might seem like a splurge to spend a lot of money on clothes all at once, but when you put away just $5 a day it feels like you've earned it.

By saving $5 per day for six months, you can purchase a new computer or tablet. Things like this are great to have, but it can be hard to budget for them when you have so many other expenses. By setting aside $5 per day, you can save up for big expenses like this without having them add stress to your financial situation.

If you save $5 per day for an entire year, you can afford to take a week-long dream vacation to a destination of your choice. With $1,825, you can afford a flight and accommodations for a week in an exotic place like France, Turkey, Brazil or other locations you've always dreamt of going to. Many people find it hard to spend money on travel and vacation but if you just think of it as $5 a day, or the cost of a latte or beer, you can easily save up the money to take the trip of your dreams.