Trying to save money can be a difficult task. Being strapped for cash can make things difficult, and the thought of setting aside some cash for an emergency might bring apprehension.
In order to aid you in your money saving endeavors, we’ve brought together some of the top money saving tips we could muster. Follow these great money saving tips and even with the smallest of incomes, you’ll find your bank account start to look better and better each week!
For some of the best money saving tips you won’t ever wont to forget, continue reading:
21 Ways to Save Money To Never Forget
1. Check Competing Grocers To Get The Best Deals
Keep a close eye on how much you are spending on common items when you are out grocery shopping and then check at competing stores at a later date to ensure you are paying the smallest amount. You’ll be surprised to find that often times similar items are offered at a fraction of the cost at different stores.
2. Pack Your Own Lunch
Instead of dining out for lunch every day, bring your own lunch to work or school. Eating out for lunch every day really racks up in just a little amount of time. When you cook and bring your own lunch to work every day, you’ll find you end better at money saving As an additional benefit, you’ll likely begin to eat healthier foods as well.
3. Be Your Own Repair Man
Plenty of resources are available to you with instruction on how to complete a variety of repairs all by yourself! The next time something breaks, consider researching online to see if it is a task that you are capable of completing. Not only will you end up better at money saving, but it is especially satisfying to know that you can fix something if it breaks.
4. Opt For Store Brand Or Generics
Consider purchasing a store brand or generic merchandise over the name brand for your everyday use items. A lot of the time, these are much cheaper and are of similar quality to that of the much more expensive name brand items.
5. Keep Up On Your Auto’s Air Filter Maintenance
If you aren’t already cleaning and replacing your own auto’s air filter yourself, consider learning how and starting now! For just a small fee, you can increase the mileage and efficiency of your car by meaningful amounts, which can net you some decent money saving over the course of a year!
6. Don’t Throw Out Your Leftovers
If you’ve already made the decision to cook your meals at home, that’s great! Don’t waste your leftovers, though. Leftover food gives you the opportunity to eat for cheap the next day, and with little extra effort on your part! Whether you eat them as is, or transform them into a new dish completely, using your leftovers is a great opportunity to save some dough.
7. Skim Your Local Weekly Fliers
Each week, most grocers send out fliers with their most up to date sales and deals. If you aren’t reading these over before setting out to shop for your week’s food, consider starting now! Knowing what’s on sale ahead of time makes it easy to plan your grocery list around what’s cheapest and will enable you to save some extra money.
8. Cook Your Own Meals
If you are like a lot of people nowadays and find yourself eating out more than not, consider making the change to home-cooked meals! Preparing and eating your own food is a great way to save a lot of money and will likely enable you to eat much healthier. Cooking at home can also be therapeutic and is something everyone should make the time for!
9. Gift Homemade Items
If you have a birthday or holiday coming up and will be needing to provide gifts, consider crafting them yourself this year! Gifting handmade or crafted items is a great way to show you really care, and in the process, can be a great money saving opportunity! Taking the time to craft a gift yourself is a way to add a real personal touch to the gifts you hand out.
10. Double Up On Your Casseroles
If you find yourself preparing casseroles regularly, consider doubling or even tripling the recipe next time! For little extra effort on your part, you’ll have lots of extra prepared food that you can freeze in order to make for quick and convenient meals at a later date! Doing this also allows you to shop in bulk which makes for even more money savings!
11. Empty Out Your Closets
Take a look through your closets and consider getting rid of any items that you don’t use or wear any longer. But don’t just throw it in the garbage. Try selling your old stuff on eBay or Craigslist, or consider a garage sale in order to get some money back.
12. Stay Away From Fast Food And Convenience Foods While Travelling
If you travel a lot, it’s likely you get a lot of your meals from fast food establishments or convenience stores. This ends up costing a lot of money in little time, though. So consider shopping ahead of time and providing yourself with some healthy alternatives such as nuts, trail mix, or jerky.
13. Stop Smoking Now
If you still smoke, stop it right away! Not only is it terrible for your health, but it is a huge money sink. If you smoke, then quitting is likely one of the single largest improvements you can make to your health, and also your bottom line!
14. Opt For Water
If you’re spending lots of money on sweet sodas or other beverages, consider making the switch to cheap and healthy water! Drinking water offers your body numerous health benefits, while also saving you lots of dough in the process. Another benefit of this is that when you maintaining adequate hydration, you are much less likely to overeat, which is another great way of saving money!
15. Switch Out Old Light Bulbs For More Energy Efficient Options
If your lamps and light fixtures are currently fitted with older, energy hog light bulbs, consider switching them out for LED or CFL light bulbs instead. These newer technology light bulbs are much more energy efficient, and as your electricity use goes down, your cash savings will go up!
16. Shop Around For Better Banking Establishments
If you are currently paying a yearly or even monthly fee for the use of a bank, simply for them to hold onto your money, think about looking around for cheaper alternatives. Banking is extremely competitive and you’ll be surprised to find that there are many great banks out there that won’t charge you a thing!
17. Get Rid Of Your Old Collections
If you fancied yourself a collector at one time, consider ridding yourself of the burden of these unnecessary items. If you are no longer passionate or interested in the collection in question, then why hold on to it? Despite what you may think, most collections do not ever appreciate in value, and they end up just costing you in mental energy, and if you’re paying to store them, real money as well. If you’re lucky, you may even find someone who’s interested in purchasing your old collections off of you, so you’re able to regain some of the losses you may have incurred.
18. Be Your Own Tailor
If you are the type of person that throws away clothes at the earliest signs of wear, consider being more frugal and making repairs to your clothing in order to hold onto them longer! A small rip or tear is a surprisingly cheap and easy repair to make, and it is a real shame to get rid of an article of clothing that you love when with just a little time, you can bring it back to near brand new condition! Tailoring or clothing repair is easy to learn and can even develop into a very interesting hobby if you fancy it to be.
19. Close Out Unused Club Memberships
If you are a member of a country club, gym, or another club that requires a monthly or yearly fee, and you aren’t utilizing its benefits to the fullest, consider canceling. If you aren’t taking advantage of all that these clubs and services have to offer, they’re just a money sink, and you’re better off canceling the membership and utilizing the money saved elsewhere. If you decide later on that you actually do want to use these club’s services, you can always sign back on later.
20. Try Buying Used Over New
Plenty of items can be bought for mere pennies when purchased used, and a lot of the times you won’t even be able to notice a difference over the brand new article. Consider shopping around at consignment shops, garage sales, or thrift stores once in a while and you’ll be surprised to find some great deals for pennies on the dollar. Buying used is a great way to save a boatload of cash, and ends up benefiting the seller, as well as the environment!
21. Use Your Own Bank’s ATMs
Don’t waste your money on ATM fees for the sake of convenience. If you need to withdraw money, go straight to your bank’s own ATM machines in order to avoid paying a fee for nothing. It may seem like little is lost when you pay a fee here and there, but over time these costs can really rack up.
FINAL THOUGHTS ON MONEY SAVING
There are plenty of ways to make money-saving achievable. After reading through this list, you should be armed with plenty of great money saving tips that you can begin to employ in your daily life right away!