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50 Quick & Easy Ways to Save Money

50 Quick & Easy Ways to Save Money

If you think that budgeting and saving money is hard, think again! These days, there are so many easy ways to save a buck or two. Whether you’re using the best websites to score great deals or simply being more money-conscious, you can easily slash hundreds—if not thousands—of dollars from your yearly expenses by learning a few of the tricks and tips we’ve listed below.

1. Start a piggy bank. Emptying your pockets into a piggy bank every day is a great habit to get into to save money. Sure it may seem childish, but storing your change away can really add up.

2. Get savvy with coupons. Coupons are a great way to save money on grocery and everyday items. Start clipping them from the insert in your Sunday paper or go to a website like www.Coupons.com and print them out.

3. Carpool to work with a friend. Carpooling saves tons of money in gas, and it’s also good for the environment.

4. Eat a few vegetarian meals every week. Chicken and ground beef are expensive to buy. Try cooking spaghetti without the meat, or make a vegetarian lasagna, and save a few bucks along the way.

5. Call your car insurance agent. It only takes a few minutes to give your car insurance company a call. When you do, you can ask them about any current sales or deals. Many of them have discounts for seemingly small reasons that you can take advantage of.

6. Turn off your lights. We as a society have become much better at conserving energy, but it’s always helpful to have a reminder to turn off the kitchen lights when you’re in your bedroom and vice versa.

7. Shop at thrift stores. Thrift stores are great places to purchase clothing, luggage, and even furniture for less. You’d be surprised at the high quality of items that people donate.

8. Learn how to refinish furniture. If you learn how to refinish furniture, then you’ll be able to give all of your pieces a fresh, new look without spending a fortune decorating.

9. Buy designer clothes on Ebay. If you love designer clothes but still want to save some money, start searching for them on Ebay. There are tons of auctions on there every day, and you can get great deals on very nice clothing.

10. Get a roommate. It doesn’t matter how old you are, getting a roommate is a great way to save significant money on your expenses. If you’re worried about sharing your space, be sure to rent to someone who is mature and will respect your belongings.

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11. Grow a vegetable garden. Growing your own vegetables means less money spent at the grocery!

12. Avoid going out to eat. This might be hard to avoid altogether, but it’s been proven time and time again that cooking at home saves you significant money in the long run.

13. Buy used cars. Buying a car that’s only one or two years old is a much better investment than a brand new one. They don’t depreciate as quickly.

14. Use your own herbs. Small herb gardens are easy to grow, and you can keep them inside you home or in a windowsill. This can save you several dollars throughout the year, and fresh herbs taste better too!

15. Shop Etsy.com for handmade gifts. Etsy is a great online marketplace where crafters go to sell their goods. You can find beautiful pieces of jewelry and accessories for affordable prices.

16. Give up alcohol. A glass of wine can definitely be nice at the end of a long workday, but alcohol is quite expensive, and going without it can save some people thousands throughout the year.

17. Sign up for a gas rewards card. Many grocery stores partner with gas stations to get you discounts on gas for every hundred dollars you spend at the grocery. Be sure to research the stores in your area so you don’t miss out on these great opportunities.

18. Try having a “no spend” day. You’d be surprised how hard it is to go an entire day without spending money. Give it a shot and see how well you do!

19. Dye your hair back to your natural color. If you spend a considerable amount of money dyeing your hair or getting highlights every few weeks, try going back to your natural color to save significant bucks.

20. Check out Groupon. Groupon.com and other deal sites are a great way to save money in your area whether your find a restaurant coupon or a free movie pass.

21. Order water at a restaurant. Some restaurants charge exorbitant amounts for cokes, let alone mixed drinks. By just ordering tap water and making it a habit, you can save a lot of money throughout the year.

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22. Learn how to sew curtains. If you learn how to sew curtains, you can save hundred of dollars furnishing your home.

23. Buy in bulk. Buying your canned goods in bulk is a great way to save money over the long term.

24. Print pictures at home. Instead of using gas to drive to a print shop, print your pictures at home using your own ink cartridges. The cartridges are expensive, but you can get a lot of use out of them.

25. Borrow from the library. Why buy books when you can borrow them from your local library for free?

26. Consume all of your milk. There’s nothing worse than wasting food, especially milk. Make sure to only buy a half-gallon if you don’t use it frequently or use a lot of recipes that require it that week.

27. Use generic prescriptions. So many prescriptions come in generic form now. You can save a bundle by using them—just check with your doctor first.

28. Try e-books. You don’t have to have an e-reader to benefit from e-books; you can download the programs onto your computer for free and read them right there. They are significantly cheaper than paper books if you are buying, and you can still get them for free from the library at most locations.

29. Upgrade to first class if you have a lot of luggage. Luggage and overweight fees on airlines these days can cost even more than a first class upgrade. When you ride first class, you often get to take 70lbs of luggage and 3+ bags free of charge, so it’s a better deal.

30. Repair versus buying new. Sometimes it’s less expensive to replace a part on an item instead of buying a new one. For example, buying a new watch battery is much cheaper than buying a new watch.

31. Buy a water filter. Filtering your own water is so much more cost effective and eco-friendly than buying water bottles.

32. Get the flu shot. Getting the flu shot is very inexpensive, and preventing the illness can save you from taking too many days off work.

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33. Train your dog. Training your dog is relatively simple and just takes a little bit of time every day. A trained dog won’t ruin furniture, shoes, or your floor, thus saving you money.

34. Buy quality not quantity. A nice, quality pair of shoes can last you 10 years whereas a cheap pair will break easily and cost you more in the long run.

35. Learn to say “no.” Telling yourself no regularly is the best way to save money. Simply passing on the candy bar you want in the checkout line at the store can save you a few dollars, and doing this regularly can save you hundreds over the course of a year.

36. Use a clothesline. Drying your clothes on a clothesline instead of your dryer is a great way to save money on electricity.

37. Protect your assets. It’s easy and cheap to buy a surge protector and a bike lock. These inexpensive items protect more costly items and can save you significant dollars in the long run.

38. Use a pre-paid phone. There are many pre-paid phone plans that are significantly less expensive that the contract plans. Plus, they don’t come with all the strings attached. For example, Wal-Mart just announced they will be selling the iPhone pre-paid plans for half the price of regular stores.

39. Buy refurbished products. Many refurbished products, like computers, come with warranties so they are less expensive and safe to buy.

40. Learn how to hem pants. Hemming pants doesn’t require a sewing machine. You can actually do it by hand, and save a lot of money that you would have spent at the tailor.

41. Hand deliver notes. If you know you’re going to see your mom or best friend, hand them a thank-you note in person instead of purchasing a stamp.

42. Use hand-me-downs. Hand-me-downs aren’t just for kids: get a group of your friends together to trade clothes and accessories they don’t want anymore, so everyone can exchange them to get new things for free.

43. Make homemade pizza. For the cost of one delivered pizza, you can make several homemade pizzas and use them for a few meals.

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44. Get a cash-back credit card. This type of credit card will give you a percentage of your purchases back in cash.

45. Buy neutral clothing. Wearing black, white, and gray clothes means that you can mix and match easier without having too many different outfits. (Hint: Make them stand out with fun, bright accessories, which are more affordable than a bunch of new clothes.)

46. Exercise regularly. Staying healthy means fewer doctor’s bills.

47. Go on a picnic. Or, take a walk on the beach. There are likely dozens of free activities you can do in your city that don’t cost a dime.

48. Buy Forever Stamps. Buying Forever Stamps means that you can use those stamps without having to pay extra when the price of stamps goes up.

49. Use frequent flier miles. If you save up enough frequent flier miles, you can get flights for free.

50. Read several personal finance blogs. Google “personal finance blogs” to find a list of great bloggers who share their thoughts on a variety of different financial topics, including even more tips on saving money!

I hope this list helps you save a significant amount of cash this year. Please let us know in the comment section if there’s anything we missed!

 

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Catherine Alford

Catherine is the go to personal finance expert for educated, aspirational moms who want to recapture their life passions.

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Last Updated on March 29, 2021

Life Insurance: A Secure Way To Protect Your Future.

Life Insurance: A Secure Way To Protect Your Future.

Life is a journey full of ups and downs. No one can actually predict what might happen the next moment; there are times where the happiest moments do not even take a second to turn into the gravest. Planning for your future can help you face such unwelcomed but irrepressible situations with much ease. We all want to make every memorable event of our life more special and to cherish all those moments happily and worry less, you must financially plan your future. But no one has control over life and death. Who would wish to see his family suffer in his absence? Insurance hands over the financial jeopardy of life’s happenings to an insurance company.

Importance of getting a life insurance

No one has control over life and death. Nobody would like to see their family suffering in an absence, and that’s why many people recommend life insurance. A life insurance plan is one of the best ways to secure the future of your family, even against those financial troubles after an untimely demise. These plans are safe and credible, and you could trust them for your family’s better future.

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On the other hand, a life insurance policy is a contract between a company (insurance provider) and policyholder in which the insurance provider ensures to pay a certain amount of money to the nominated beneficiary in case of the policyholder’s death during the term of the agreement. There are different types of insurance plans, and it is important for you to know the benefits of those plans such as a funeral, medical or some life expenses provided they are mentioned in the agreement.

Choosing the right insurance plan

If you’re about to select an insurance plan, you should consider some important factors:

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  • The time at which you start investing in a program and the number of family members you want to get insured. Obviously, a married man with two children has different needs compared to a single one. The number of persons who are dependent on an individual also varies from person to person.
  • The next thing you need to consider is you and your family needs. What are your child’s dream, your retirement plans, for how long would your dependents need financial support, any personal injury, etc. And do not forget those events or situations that will surely demand a huge sum of money.
  • The next thing one must consider is your current income. You should preferably choose a plan which you can afford.

Now you must be having a pretty clear idea of how to choose the best plan for you. Further, you should also compare various plans offered by different companies and numerous sites available online that help will you to compare them.

Differences between life insurance plans

Here’s a short brief of some plan categories you can choose according to your needs:

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  • Term Insurance Plan – You have to pay once, and your nominee gets the paid money under your misfortune demise. It ensures a person for a fixed time. If you survive the policy period, you do not get your premiums back.
  • Whole Life Policy – This plan continues for your lifetime. Under this, the policyholder has to pay regular premiums, until their death.
  • Endowment Policy –  In case the individual dies during the tenure, the beneficiary gets the amount assured. If the person survives the policy tenure, they gets back the premiums paid with other investment returns along with several other benefits.
  • Money Back Policy – In this a portion of the money invested is returned to the investor at regular intervals. If you survive the insurance term you get the entire amount back; else the beneficiary receives the entire sum assured.
  • ULIPs – These are the life insurance plans that offer you future security plus wealth creation options.

Many people do not opt for whole life policy and endowment policy because of the high amount of money you need to pay, while others may prefer to opt for these if they have a high life expectancy. Surely you will find the best one for you.

So what are you waiting for? Plan for your future and live a happier and carefree life today.

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Featured photo credit: aryehsampson.com via aryehsampson.com

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