I’m sure everyone reading this would love to save some money for one reason or another. Whether it’s to afford a new purchase such as a new car or house, or save for retirement or Christmas, saving money by changing little habits in your every day life can go a long ways towards achieving your goals and being able to afford things that you’re not currently able to. Like the old saying goes, a penny saved is a penny earned. Here’s ten ways that you can save money.
1.) Re-use your coffee filters – Now I know not everyone out there is a coffee drinker, but if you can stretch your filters out for a couple of more days use, you can save yourself 10 to 15 cents a day.
2.) Rent a movie instead of going to the theater – Usually when one is looking to shave their spending, entertainment is the first budget to be cut. Instead of taking the family out to the movies and spending $30 to $50 on tickets and another $20 to $30 on concessions, why not just check out the local Blockbuster and pick-up a DVD and a couple bags of popcorn all for under $8?
3.) Bring your lunch to work – Now this is a big spending habit that I’m more than guilty of. Normally I spend anywhere between $5 to $8 a day going out for lunch while I’m at work. If you opt to instead just bring a bagged lunch from home, you can more than cut your spending in half every day saving you $15 a week or more.
4.) Repair your old shoes or boots instead of buying a new pair – Something that is really starting to take off is shoe and boot repair. I know just here in my small little hometown two new repair shops have opened up in the past year.
5.) Carpool – One of the first things that pop into people’s minds when they’re looking to save money is to carpool on their drives to and from work with their co-workers. You can all rotate who drives which day and save tons of money on gas while helping the environment at the same time!
6.) Quit smoking (or at least cut down) – This is if you even smoke to begin with, and if you don’t, please don’t start. Smoking is not only a nasty habit, it’s an expensive one as well. The average smoker spends over $100 a month. If you can cut down how much you smoke by half, or even better, quit altogether, that would be a nice amount of extra change in your pocket no doubt.
7.) Review your bills – Whether it’s your cell phone, cable, or internet bill look over and see exactly what you’re paying for and what kind of extra luxuries you could do without. Take for example that unlimited text message package on your phone, or the premium movie channels you pay for on your cable bill. If you’re really not utilizing those things, why not just get them cut off?
8.) Shop at thrift stores – I take advantage of this tip myself. I usually purchase my work khakis whenever I’m needing a few new pairs at my local thrift store for $2 or $3 a piece when if I went to Wal-Mart and bought the cheapest new pair of khakis they sell I’d be spending $15 a pair. But this really applies to any kind of clothes, not just work outfits. If you dig through the clutter you can find some really nice apparel as well as all kinds of other stuff at thrift stores that you’d pay as much as 10 times the amount of money for new at department stores.
9.) Cut coupons – Whether it’s groceries, fast food, or many other things, you can find coupons for them in your mailbox or in the Sunday paper. Coupons are a great way to save money.
10.) Watch your electricity use – By turning off the lights when not in a room and unplugging appliances when not in use you can save more than you would imagine on your dreaded electricity bills while going “green” and helping the environment by conserving energy as well.