Prudent Penny: 20 Quickie Saves
People are always saying it's too hard to save money. Baloney! With ketchup on it!
We haven't done a Prudent Penny post in a while. I think we're overdue, so I've compiled a list of twenty (mostly) easy things you can do to save a few bucks.
Ready?
For More Prudent Penny posts go here.
We haven't done a Prudent Penny post in a while. I think we're overdue, so I've compiled a list of twenty (mostly) easy things you can do to save a few bucks.
Ready?
- Trade down. Instead of that sporty new desktop computer, take the time to discuss with your local geek what exactly you need for your purposes.
- The Joneses: Fuggetaboutit. You're not minion. Make your own rules.
- Make your own food. Start a garden. Don't have a lot of time? Pick out one or two veggies or herbs that are the MOST expensive in the grocery store and just grow those.
- YARD SALE: Have one. Get that nice clean feeling of getting rid of your clutter. Believe me, it's cathartic.
- YARD SALES: Go to 'em. You've seen pictures of my house. I've bought 70% of my furniture and almost all my knick-knacks from yard sales. Bet I spent less on my stuff than you did on yours. And I have a cute home. Yard sales work.
- Nothing New: Buy nothing new for ONE month. You can do it!
- Bag It: Brown bag your work lunch and eat dinner at home for an entire week. Want an incentive? Add up what it costs you to eat out for a week. Don't forget to include that coffee and donuts. Yeah, it's that much.
- Pay in cash. I do this all the time. If I don't have the cash, I don't buy it. Keeps me from overspending or splurging.
- Negotiate in cash. Nothing says sold like negotiating in cash. This works at flea markets, appliance stores and car dealers.
- Speaking of car dealers: Wave the guy off if he asks you how much you want to pay a month. Ask him, what the total price is--then ask him to lower it. Do your homework. Don't let the dealer tell you the price.
- Addictions: When I was at the gas station, they were selling cigarettes for 50 bucks a box. A box!! I can do a lot with 50 bucks, can't you? Besides, you know it's bad for you.
- Bottled Water: Got this from Greg. He always refills his water bottles with filtered water from home. Pennies instead of dollars.
- Chickens! A good layer will lay once every other day. A great layer will lay everyday. You don't need a rooster either.
- Turn it off. If you're not watching the tv, turn it off. Same goes for lights, A/C and heating. There's a reason your father went from room to room shutting off lights.
- Cook several meals at once. Our biggest expenditures happen when I don't plan ahead. A lot of times we're working on a project that is dirty, draining, and down right hard. The last thing I want to do is cook after I've quit for the day. If I have a few meals already prepared, all I have to do is stick it in the oven.
- Go to the library. They have books, CDs, and DVDs. All you need is a library card.
- Research potential discounts. Before you buy anything expensive, Google it thusly: Item, coupon --or-- Item, discount.
- Have a book addiction? Consider an e-reader. Many books are cheaper as an e-book. If you add up what you normally spend on print books, an e-reader quickly becomes a more cost-efficient means to feeding a (good) addiction.
- Keep a change jar. Toss in any loose change or bills into the jar.
- Try the $50 Rule. This is what Greg and I did to buy and pay off two of the three houses we've owned. It works.
For More Prudent Penny posts go here.
Comments
I think 1 and 2 are the main reasons people can't save money. It's a mindset, once you break that, saving is easy.
But credit cards are too easy to use. Cash keeps me honest. :grin:
We need to stop comparing our lives to others. It's not a competition.
Planning ahead is huge too...I'm like you Maria in that some of our worst over spending happens when we don't plan, be that meals at home or a trip to the movies as a family.
Great post!
My meals are very simple. And while I dislike cooking, I dislike being poor more. LOL! My need to save outweighs my contempt for cooking.
Ref: yard sales
That's too bad. We've had very good luck in the past. Though now that we live in the boonies, I don't think we'll do as well. We just don't have the traffic for it.
But your way still saves money. You can deduct it on your taxes when you give to charities.
Loved this post Maria! :)
That said, I've never been a big fan of reselling to bookstores. They give you very little for that book. I prefer to donate to women's shelters. That way, not only does it do someone good, but it's also deductible.
#19 as do not use "green money" but our checks and debit card when too lazy to write a check or just pumping gas no change jar anymore{Money is a no no because the DH is liable to need a candy bar and soda and waste it}
I did a very long drawn out comment hours back on each and every point, will not do so again but did link and post it on my blog so people may stop by from that, I hope!!!
jackie b central texas
Ref: comment
I've seen comments delayed for as long as a day, so maybe it'll show up later.
If it does, I'll shoot you an email.
jackie
What am I going to do with you?
Two things I do (and try to have the BF do) to at least keep track of the money we're spending:
- Collect all the receipts and, once a week, sit down to see how much you spent and on what.
- Give yourself pocket money. This may sound strange, but it works. Really. Each month, give yourself a specific amount (for me, it's something like 50,-€, which should be a little more than 50,-) I can spend on my fancy stuff - books, coffee (or dinner) with friends, fun things I want to do. Just as back when I was a teenager. When the money's spent, it's spent. (Clothes and stuff don't go in this category, since I work at an embassy and need to look presentable. But I'm not good at clothes/shoe shopping anyway, I hate it.) And if I want to buy something expensive, I'll have to save for it.
Good job! We used to give ourselves spending money back when we were young, but that's not necessary anymore. We're well trained. LOL!
But collecting receipts reminded me of something else we do every couple of years.
Every 2-3 years, we collect every receipt for every item we buy. At the end of the year I add them all up and sort them by category. It gives us a snapshot of what we're spending.
Good tips, D!
Love paying in cash, especially when grocery shopping (it adds up quickly).
Glad I found your blog.
I've put you on my reader and have made myself a follower of your blog.
Thanks for stopping by!