Are you looking for ways to save money for a rainy day? How about your child’s college fund? Maybe even a down payment on your first house or 3 months rent? There are so many important reasons to save money but it could be extremely hard if you’re living paycheck to paycheck and have a family to take care of. After you’ve analyzed your living expenses and you are sure you’ve cut out any extra expenses, try these following shameless methods to cut your spending costs to start saving money.
Ways to Save Money
Skipping out on having cable is a good option to save some extra money. For the longest time, I was catching up with my favorite shows just from a simple search on google. A lot of my guilty pleasure shows are normally streaming on some random website. If it’s NFL or NBA season, make it a bonding time for your friends or family by inviting yourself over with some snacks.
If you love perfume or shoes and they’re a high-end brand, chances are you may be able to find a similar/replicated style for half the price. I’m not a big perfume girl, but for shoes, I noticed I can find the same styles I see at Nordstrom’s at Ross or TJ Maxx.
Plant Your Own Vegetables
I’m so excited to start my vegetable garden this summer. Not only is it a good activity to do with your little one, you’ll be cutting out produce expenses on your grocery bill. I’m not too sure about the success rate of growing fruits and veggies from seeds, like growing avocados from the avocado seed you bought from the store, but it’s worth giving it a shot!
Getting Help With your electric bill
In the state of California, we have a program called CARE/FERA that helps reduce the monthly bill if you qualify. California Alternate Rates for Energy (CARE) reduces energy bills for eligible customers by about 30%. Family Electric Rate Assistance (FERA) reduces electric bills for qualified households by 12%. If you don’t live in California, check with your local electric bill company for information about a similar program.
Dollar Tree and Other Value Stores
Books, cleaning products, birthday cards, decorations, snacks, beauty products you name it! I save so much money buying my school supplies and my things for my daughter’s activities at the dollar tree. Don’t go too crazy shopping for everything at the dollar tree. There’s a lot of things that aren’t too cost effective at the dollar tree so you should always compare the price to the size of the item.
Make a Pot of Soup or Beans
We’re a newly vegetarian/vegan-ish household and it didn’t dawn on me how much money we save eating beans. My mom invested in an instant pot and we make everything from lentil soup, black beans, chili and curry chickpeas. I always opt for a bag of dried beans over canned beans because not only are they healthier, they’re cheaper and taste better too.
Groupon, Iobotta, Inbox Dollars, Ebates
Although I’m anti-online shopping especially since I’m a recovering shopaholic, I really like these programs to save money.
Buy Your Glasses Online for Half the Price
For all the people who need glasses, I feel your pain. Glasses and contacts are expensive. Luckily there are a lot of websites where you can get glasses for as little as $50.
Some people don’t believe the hype that you can find good things in a Goodwill, especially since it’s used, but for those who don’t mind used items, it’s a great way to save money. When I was in high school, thrifting was a hobby of mine and I would sometimes resell the items I found on poshmark. Maybe I should write about reselling one of these days!
Shop End of Season Sales
End of season sales have become my favorite time to shop for my baby’s clothes. I have a lot of things that took a year for her to fit in and it’s the same style that is full price right now. For the winter sale at Walmart, I bought some pajamas, undershirts, and pants for $2 both in her current size, 3T and 4T depending on the fit. Not only am I saving money, I’m already collecting her wardrobe for the end of this year.
There are a ton of DIY projects on Pinterest and Youtube. I’m currently getting my daughter prepared for preschool and I’ve made a lot of learning projects for her for free 99!
Stretch Out Your Lotion
Lotion is expensive, ok! My lotion always lasts because I only lotion the places that are exposed when I go outside. Yes, I’m shameless. Lol.
Buy in Bulk
If you don’t have a membership to Costco, there is a great company called Boxed where you can purchase items in bulk. I love that their prices are comparable and they carry a lot of organic brands.
Get a Piggy Bank
My daughter and I have our own piggy banks, so any loose change or dollar bills go immediately in the piggy bank for safe keeping. It’s a simple way to save money.
Use Cash for All Purchases (Except Bills)
Having a set budget for shopping with actual cash in your hand will definitely keep you from overspending. I can attest to this theory that when you only have $50 in your purse, you know wassup. Whether you get paid monthly, weekly, or bi-weekly, try cashing your check and dividing the money up into envelopes for gas, groceries, or miscellaneous items and figure out a way to put some money into your savings and or set aside for bills.
Do you have any saving money tips that work for you? Let us know in the comments section below!