A penny saved is a penny earned, so why not make an effort to double your earnings by cutting back on a few simple things and stretch your dollars as far as you can with a few simple tricks?
Penny pinchers and financial experts alike will all agree that with a few small lifestyle changes, you’ll be well on your way to a savings account worth bragging about.
The first step to take is to examine what you do in your daily life. Do you run the dishwasher or washing machine almost daily? Are you always running low on paper towels? Can you afford to cut back on your daily routines?
The answer is yes – with the help of a few quick tips.
Clip a Few Coupons
Have you ever heard of extreme couponers and the way they would all too often end up with carts full of food while paying as little as a few cents? It’s not impossible to reach that point yourself with enough dedication.
Hit the sales, check out buy-one-get-one (BOGO) deals that switch up every week, and combine sweet deals with coupons to save as much money as possible at your local grocer. You can also save money by stocking up on certain ingredients you’ll need later while their prices are low. There’s nothing better than buying in bulk.
Grow Your Own Food
Even if your harvests are few and far between in the beginning, growing your own food can prove to be both great for saving money and beneficial to your health!
Fresh fruits and vegetables are expensive, depending on what you buy and when you buy them, so give home-grown veggies and berries a shot.
Even if you’re living in the city without a garden or yard, you can easily grow your own peas or strawberries in a pot by a window, and save on snacks until you work up to saving on ingredients for entire meals.
Save the horrified gasps for your cable bill. Cutting out cable TV isn’t as bad as you might think. Paying hundreds of dollars a month for hundreds of channels that you don’t watch is nothing more than a sure-fire way to burn money.
With so many streaming options available today and the ability to get the news at the tap of a screen, there really isn’t any need to keep cable around. That’s especially true when your providers try to raise their prices every month.
Give free streaming services a try, or hit the library once a week to fill the void left by cutting the cord. Your wallet will thank you.
Skip Driving When You Can
Gas prices can be outrageous, so if you’re looking to save a few extra dollars a month, you should consider not driving at all some days.
Try biking if your town or city has the proper lanes and sidewalks, and consider taking public transport for longer distances. Getting a metro card or a bus pass is a much wiser financial move than maintaining both your car’s upkeep and gas tank.
While biking can mean having to wake up earlier and spend more time traveling, it can be worth the sacrifice if it means spending less money on overpriced gasoline.
Skip the Dryer
Electric dryers can consume up to 6 kilowatts of electricity per hour, and can end up costing the average homeowner nearly 60 cents per load to dry.
Because the average American family washes roughly 300 loads of laundry per year, you’re looking at an estimated extra 170 dollars on top of your existing yearly electric bill.
Save yourself a dollar (or two) and leave your clothes to dry on a clothesline instead of tossing them in the dryer next time you finish up a load of clothes.
Give Thrifting a Try
Whether you’re on the lookout for a new pair of jeans or a dress for an upcoming wedding, thrift stores are the perfect places to search for something both stylish and affordable.
You can redo your wardrobe for cheap in so many places, and can even have luck with furniture shopping — if you know where to look. Flea markets, garage sales, and thrift stores can be a great place to secure gifts around the holidays, too!
To Pinch in a Cinch
As you can see, there are plenty of ways to save on your bills and stretch your dollars, and it’s so easy. Get started today!
Do you have any tips or tricks of your own you want to share? Leave us a comment and let us know!