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15 Easy Ways You And Your Roommate Can Save Money

15 Easy Ways You And Your Roommate Can Save Money

Do you and your roommate want to reduce your living costs? As prices in pretty much everything seem to be on the rise, many people are struggling to pay the bills and have enough money left over at the end of the month for themselves. Check out these 15 simple tricks and tips to make yours and your roommates lives cheaper!

1. Close your closet

Every winter comes with the internal heating debate – should you put the heating on now, and pay expensive bills later, or put on another sweater and keep the bills low?

A handy way to make sure you get the most out of your heating is to try shutting your wardrobes and closet. They needlessly suck up heating, as no one spends time in the closet anyway. Close the doors so the heat stays where you are!

    2. Buy everything in bulk

    While bulk buying sounds pretty boring, it means you get a lot more for your money. Try going halves with your roommates on essentials like toilet paper, butter and coffee. This way you will have supplies to last you months, instead of picking up overpriced milk from 24-hour stores during the week.

      3. Bring your hobbies home

      Whether your hobby is yoga, dancing or painting, doing it at home will probably save you some money. Buy a yoga DVD, invite your friends around, and have a blast. Often hobbies come with added expenses and paying for classes, or a studio, can add up. This cuts some of the costs down, without cutting out your hobby or the socializing that comes with it!

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        4. Embrace natural light

        Switching off the lights and opening the curtains during the daytime is one of the easiest ways to save some money. Natural light will keep your house cheerful and bright during the daytime, and has the added bonus of keeping your house a little warmer. After an expensive December, this is a handy tip to help cut down on the upcoming electricity bills.

          5. Eat at home

          After a long, hard day at work, most people can’t face up to the effort of getting in the kitchen and cooking up a meal. It is much easier to just pick up the phone and order something delicious. Takeout can be a drain on your funds, especially if you are looking to save some money.

          A good alternative is for you and your roommate to buy some easy to cook meals and take turns cooking for each other. For every meal you make, you get a night off with a cooked meal – and some more savings in the bank!

            6. Buy all of your snacks with your weekly shopping trip

            Sometimes you crave something quick – preferably something sugary, salty or cheesy. However, buying your snacks from the nearest convenience store often means you end up paying more than you would at the supermarket. Try stocking up at the beginning of the week, and watch the spare change in your wallet grow!

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              7. DIY your laundry

              If you are trying to cut costs down, try doing as much as you can yourself. Paying someone else to do your laundry might be the only routine you know, but going to the laundromat instead can save you some serious money. Ask yourself – is it essential, or is it a luxury?

                8. DIY your furniture

                Although this is similar to the last point, DIY ideas are great for roommates looking to save money. If you and your roommate dislike your table and chairs, try painting them a new, fresh color. Painting old furniture often makes the piece look brand new – but it’s a lot cheaper than actually buying new furniture!

                  9. Make plans with your roommates

                  Lack of planning can end in reckless spending, as the easiest thing for you and your roommate to do would be to go out for a drink – or seven. But there are always cheaper alternatives, like movie nights, pamper sessions and game nights.

                  Try making plans at the beginning of the week, and you could have a great night watching Mad Men with your roommates – without reaching into your wallet.

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                    10. Start a household coin jar

                    Start a money jar for everyone in the house to put change into. Every few months, you and your roommates can cash the jar in and use the money for anything, from groceries to the expensive winter bills.

                      11. Become baristas

                      If you and your roommates love coffee and buy a cup most days, start buying flavored coffees and cinnamon so you can create them at home instead. Every drink you make instead of buying will be much cheaper – so get some great syrup and see what you can create yourself.

                        12. Rethink cable

                        Everyone loves a lazy evening spent on the sofa, watching marathons of your favorite TV shows. But are you paying more than you have to for your down time? Cable is often expensive, and you might find yourself paying for extra channels you never use.

                        Consider a cheaper way to catch up on TV, such as Netflix or Hulu. Although both are cheaper than cable, they still come with hundreds of recent movies and TV shows.

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                          13. Pack your lunch together on Sunday

                          Even though it is much easier to pick up lunch during the day, it could be one of your biggest expenses of the week. There are other downfalls – store-bought lunches are often unhealthy, and picking up lunch becomes a chore you need to do before you go to work.

                          Try to make lunch with your roommate the night before work. This means you get some time to chat to your roommate, eat healthier, and all while saving some money – bonus!

                            14. Scratch each other’s backs

                            While this tip sounds a little odd, it just means you can help them with jobs they would normally pay someone else to do, and they can do the same for you. It is likely that you have skills your housemate doesn’t and vice versa. If you are handy with a sewing kit, help them patch up some torn clothes. In exchange, let your housemate do your nails instead of paying a nail technician.

                            This way you don’t have to cut down on luxuries – you just stop paying for them!

                              15. Get green fingers

                              If you want to save a little money every week, go halves with your roommate on some seeds to start a container garden. Often, money saving tips require time and effort, but growing your own herbs and vegetables require very little time or effort, as well as being much cheaper than buying herbs and vegetables at the store. Just plant the seeds, take turns to water them, and then feast on your home-grown food!

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                                Last Updated on August 15, 2018

                                30 Fun Things You Can Do This Summer Without Spending Much

                                30 Fun Things You Can Do This Summer Without Spending Much

                                Summertime can be a real strain on your wallet. The sun is out, there are people to see, places to be; it’s no wonder you might be short of funds during these sunny months. Not everything has to cost you an arm and a leg.

                                Take some time to go through this list of 20 cheap summer activities and make some realistic goals to complete as many as you can.

                                Video Summary

                                1. Visit a strawberry festival

                                Summer is prime time for tasting strawberries. More often than not, an area that grows strawberries will have a strawberry festival. Indulge yourself in strawberry pies, jams, cakes and more!

                                2. Have a picnic

                                Take your partner or your family to the local park and enjoy a relaxing picnic. Designate each person to bring one food item of their choice to add to the fun.

                                3. Camp in your back yard

                                  The summer heat can sometimes make it hard to sleep. Why not enjoy the heat outside in the yard? Pitch a tent or gaze into the night sky.

                                  4. Take long walks

                                  Discover something new where you live. Take the afternoon off from your chores and go for a long walk. You may be surprised by what you discover.

                                  5. Break a world record

                                  Breaking a world record doesn’t have to be time-consuming. You could even break one on your lunch hour. Give it a go!

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                                  6. Go on a bike ride

                                  The number of bike paths on roads in big cities has increased dramatically over the years. Take advantage, and enjoy the summer breeze.

                                  7. Join a gym class

                                    The gym is not everyone’s idea of a good time, but why not go with a friend a join a class? Spinning, yoga and step classes are always more fun with friends, and a lot of gyms allow you to pay-as-you-go.

                                    8. Find a new hobby

                                    The summer is the perfect time to find a new hobby. Serotonin (our body’s natural “happy” hormone) is produced by the sunshine and will be at a yearly high, which is great for when we want to tackle something new.

                                    9. Join a sports team

                                    Not all sports teams are competitive and require huge amounts of your time. Join in the fun with like-minded people, get fit, stay healthy and make some friends along the way.

                                    10. Make a slip ‘n slide

                                      Gather your friends, some plastic sheeting, a hose, washing up liquid if desired, and make a huge slip ‘n slide just like these guys. Granted, yours won’t be as big, but you get the idea… it’s fun!

                                      11. Make a treasure hunt for your kids

                                      Today’s digital world sees our children more often than not playing inside than outside. Why not create a sense of adventure by making a treasure hunt? Only rule? It has to be outside.

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                                      12. Visit a free festival

                                      Towns and cities are awash with free festivals, with themes from film to science. Scout your local area and discover something new.

                                      13. Visit the zoo

                                        Let’s face it: we love animals. While browsing news websites and social media networks you’re bound to come across a few pictures of cats. Take a trip to your local zoo for a better experience.

                                        14. Take a road trip

                                        Enjoy the open road with a few friends and take a road trip somewhere–anywhere. Just go out and enjoy the sunshine!

                                        15. Play ultimate frisbee in the park

                                          Frisbee is always great fun down the park, but why not turn it into more of a competitive sport by playing ultimate frisbee?

                                          16. Make your own ice cream

                                          Ice cream is a very versatile dessert. Make a sandwich, enjoy a cone, or simply just enjoy a bowl full. Better yet, making your own ice cream allows you to create any flavor you want.

                                          17. Invite your neighbors over for a BBQ

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                                            When was the last time you invited your neighbors over? Do you even know them? Now’s your chance. Just ask each person to bring a food item so costs don’t mount up for you.

                                            18. Get a summer job

                                            For many students, summer is the time for relaxation and fun. But who said earning money and being productive isn’t fun? You only get out what you put into a situation.

                                            19. Attend a charity event

                                            Attending a charity event is a great way to raise funds and awareness for a cause, meet new people, and generally have a good time. Search for your local charity event today.

                                            20. Visit a national park

                                            National parks are a great way to explore nature and learn something new. You could even volunteer and make a difference in helping restore natural habitats.

                                            21. Visit your local comedy club

                                              Local comedy clubs are extremely underrated. They are cheap to attend and no doubt you’ll have a barrel of laughs.

                                              22. Make your own hammock

                                                Hammocks are very relaxing, are perfect for summer afternoons and are surprisingly easy to make.

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                                                23. Read in your new hammock

                                                Now you have your very own hammock, the only thing left to do is enjoy it. Grab your favorite book and read to your heart’s content.

                                                24. Watch a movie outside

                                                Movies are great. Relaxing outside in the evening is great. Put them together and you’ve got a perfect combination. In D.C, Maryland and Virginia this summer, for example, you can enjoy a huge number of movies outside.

                                                25. Take a hike

                                                  Hikes are a great way to keep fit and see more of Mother Nature. There are countless trails available for you to explore. Why not try some this summer?

                                                  26. Learn how to fly a kite

                                                  As a child, you probably had a kite and haven’t touched it since. Why not dust it off and attempt to fly it? It’s tricky, but well worth the challenge.

                                                  27. Work out at the park

                                                  American cities are full of parks with ample space for a work out session. No doubt you’ll be happier to work out in the sun rather than a crowded gym.

                                                  28. Take your dog to the beach

                                                    One of the many joys of owning a dog is taking him or her for long walks during the summertime. This joy is enhanced when visiting the beach, for both you and your dog.

                                                    29. Make a summer smoothie

                                                    Healthy, delicious and perfect for the summer. Not only that, there are countless recipes ready for you to try.

                                                    30. Attend a free yoga session at the beach

                                                    No experience needed and all skill levels are welcome. Take yourself and a buddy down to the beach and try some yoga. You’ve got nothing to lose!

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