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55 Practical Ways To Save Money Efficiently

55 Practical Ways To Save Money Efficiently

There are many ways to save money and as you start discovering more ways to save money, you will find that it becomes easier as the days pass. If you are efficient and wise with your money, you can probably save thousands each year.

Saving money does not have to be hard. I was able to save my money and pay off around $40,000 in student loan debt. You can save money to lower your budget, pay off debt, and increase your savings too.  Here are a few practical ways to save money efficiently.

Ways to Save Money on Food

1. Buy groceries in bulk. You may be able to save per item this way.

2. Bulk cook your meals. This can save you money because you are less likely to waste ingredients.

3. Make your food at home.

4. Know which grocery stores have the cheaper items.

5. If you eat out, bring a coupon.

6. Create a menu plan before you go grocery shopping.

Ways to Save Money on Insurance

7. Ask if you can qualify for any further discounts.

8. Shop around for the best insurance rates.

9. If you are confident that you can save money, raise your deductibles. You can raise it from $500 to $1,000 and save some money. I’ve seen some people have $0 deductibles who are wasting a lot of money.

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Ways to Save Money on Transportation

10. Know when to buy airfare. Certain days are cheaper, and flying on certain days are cheaper.

11. Do you really need all of that car insurance coverage? When you have car insurance, there are usually a lot of extras in there, such as towing, rentals and so on.

12. Determine how many cars you really need. Cutting out one car can lower your transportation expenses significantly.

13. Know where to buy gas. Near my house there is a gas station that is almost always 20 cents cheaper than everywhere else. It’s not a large savings, but I don’t even have to go out of my way to go to this gas station, so I might as well go there.

14. Get your tires rotated. Tire rotations are cheap and can really extend the life of your tires.

15. Get an oil change. You might not need one every 3,000 miles though.

16. Clean out your car. Extra weight can mean worse gas mileage.

17. Buy a better air filter. Some air filters have a lifetime warranty and can also improve your gas mileage.

18. Know when to buy a car. There are good and bad times to buy.

19. Use public transportation to save even more money.

20. Ride your bike. If you already have the bike, then everything else after this is nearly free (except for bike maintenance of course).

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Ways to Save Money on Personal Items

21. Ask for generic drugs.

22. Buy store brand. When it comes to medications, store brand is almost always identical to name brand.

23. Buy clothing when it is on sale. Clothes almost always go on sale.

24. Buy second hand. There are many second hand stores that carry the latest styles.

25. Take care of the clothing that you buy. Washing something incorrectly can cost you money because you may have to buy the same item again.

Ways to Save Money on Your Home

26. Keep your furnace in good condition. Have someone check it if you do not know how.

27. Buy efficient windows if yours are no longer efficient. If you have old windows, then you may just be throwing money away because cold air is just flowing right inside.

28. Buy the house that you need. Do you really need 8 bedrooms when there are only the two of you?

29. Shop around for the best interest rate.  1% difference in an interest rate can be a big difference for your monthly mortgage payment.

30. Before you buy, know what the property taxes will be like. There were many homes that we were thinking about buying until we saw how much there property taxes were. A similar house at the same price would only have taxes of around $3,000 per year, but some houses that we found at the same exact price had taxes of nearly $7,000 or $8,000 each year.

Miscellaneous Ways to Save Money

31. Keep track of what you spend. If you are not good with your budget and always spend more than you make, then you need to closely keep track of what you are spending.

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32. Start a budget. Make it realistic and know exactly what you are spending in each category. You will probably be surprised.

33. Little amounts add up. If saving an amount such as $200 per month seems too high for you, aim for something such as $50 per week. A different mindset can help a lot.

34. Don’t spend money on interest. Remember to pay your bills.

35. Avoid ATM fees. Look online to see where you can use an ATM for free.

36. Check to see if you are allowed any discounts. If you belong to any organizations, then you may be able to get a discount on certain items. We receive a 20% discount on our AT&T bill, which is nice and it only took 5 minutes to do, and that was over 5 years ago.

37. Save your coins. Throw all of your coins into a jar and empty it out after it is full.

38. Before you buy something, think about how long you have to work in order to actually buy it. Is that $100 dress worth hours of your time?

39. If you are a bad credit card spender, then leave your credit card at home and only carry cash.

40. Round up. Each time you spend an amount such as $1.33, round up to $2.00 and save the rest.

41. Before you buy something, put it down and think about it while you are shopping for other things on your list. If you still want to go back to it, then maybe you should buy it.

Ways to Save Money when Having Fun

42. Find a coupon before you go out. There are entertainment books available in most cities with many coupons.

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43. Look for free festivals in your area. In many cities and towns, there are plenty of them.

44. Go for a bike ride.

45. Camp out instead of staying at a hotel.

46. Use Netflix instead of cable.

47. Visit the library. You can borrow books and even the latest movies at some libraries.

48. Look for free tickets. For many events, you can find free tickets being handed out.

49. Do a secret Santa this year instead of exchanging gifts with everyone. Buying just one present instead of 10 can easily save you money.

50. Have dinner at a friends instead of going out to eat.

51. If you go out, drink during happy hour.

52. Watch amateur sporting events instead of professional ones.

53. Watch a movie early in the day instead of at night.

54. Have a babysitting group if you had children.

55. Buy season passes. Yes, the upfront cost may be high, but you may be able to save a lot of money as well.

More by this author

Michelle Schroeder

Michelle is a personal finance expert. She earns $1 million per year while sailing.

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Last Updated on February 11, 2021

Want to Get Free Product Samples Like Bloggers and Beauty Gurus Do? Read This.

Want to Get Free Product Samples Like Bloggers and Beauty Gurus Do? Read This.

Imagine receiving a regular supply of free samples through your letterbox?

These free samples by mail could include things such as cleaning products, cosmetics and packaged food.

Free samples are a great way to try out some of the latest products. One week you may have a new toothpaste to try – the next week you may be snacking on a delicious chocolate cookie sample.

As the saying goes, variety is the spice of life. And by requesting free samples by mail (I’ll show you how shortly), you’ll have not just variety – but fun too!

Tell Me More About Getting Free Samples Sent to My Door!

So, it looks like I’ve caught your interest. That’s great news!

Just before I introduce you to 10 places where you can get free samples by mail, let me clarify a couple of things.

Firstly, all the places I’ll talk about are currently active in sending out free samples to consumers. (In other words, no links to out-of-date or dead pages!)

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Secondly, location is key. If you live in North America, then you’ll have a wide selection of places to sign up to. In other locations (for example, Africa, Asia and Europe), you’ll have fewer choices – but free samples by mail are still a possibility.

Lastly, to whet your appetite for the freebies, here’s a short list of product examples:

  • Pet food.
  • Beauty products.
  • T-shirts.
  • Greeting cards.
  • Wallets.
  • Snack bars.
  • Vitamins.

Free Samples by Mail… Tell Me Where to Get Them!

It’s now time to share my recommendations for the best sites to claim free samples from.

Let’s start with…

#1 SampleSource

    This company sends out boxes of 6-12 free samples about four times a year. Products include baby wipes, cereals and tissues. Register with SampleSource to be notified of the availability of their free samples. (Canada and U.S. only.)

    #2 Influenster

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      As their name suggests, Influenster wants to send free samples to you in exchange for you sharing about the products on your social media accounts. Once you’ve become a member (join for free!), they’ll send you a box of free goodies every few months. The more you share pictures and reviews of the products – the more free samples they’ll send you! (All major territories.)

      #3 PINCHme

        This organization will send you free samples in the hope that you’ll then go out and buy the equivalent full-size products. To receive regular boxes of free food, drink and cosmetic samples (and sometimes coupons), then sign up and create your profile. (U.S. only.)

        #4 House Party

          Thinking of throwing a house party? If yes, then be sure to sign up with this company. They’ll send you a box of ‘themed’ products and services that you can hand out at your party. Register with House Party. Wait for the fun freebies to be mailed to you. And then start sending out your party invites! (Worldwide.)

          #5 YoFreeSamples

            This site is a great resource for a whole host of free samples that can be mailed directly to your door (with no survey requirements!). You’ll find anything from books to perfume, with new offers listed daily. Head over to their site to see what’s currently available. (Mostly U.S., with occasional offers for other countries.)

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            #6 Magic Freebies

              The U.K.’s most popular freebie site. Register for their email newsletter, and they’ll send you a daily email with eight free sample offers. These include products such as disposable razors, dog bowls, and even fake tan! So, what are you waiting for? (U.K. only.)

              #7 SweetFreeStuff

                Since 2002, this simple site has been linking to the best free sample offers currently available. To get started, sign up to their daily email newsletter, which contains links to the latest offers. As well as free samples, SweetFreeStuff also gives information on coupons and deals. (Worldwide.)

                #8 Sample A Day

                  Would you like to receive a notification of a new free sample every day? Well, that’s the promise from this site. They claim to thoroughly research all offers, ensuring there are no catches or hidden surveys! From baby products to socks, this site is sure to have something for you. Registration is super-easy. Simply enter your email address. (Australia, Canada, U.K. and U.S. only.)

                  #9 Pretty Thrifty

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                    This site specializes in free beauty products, but also lets you claim free samples such as energy drinks, snack bars, and even magazine subscriptions. Pretty Thrifty has more than 85,000 followers on social media, so clearly knows how to attract free sample hunters. One thing that makes Pretty Thrifty stand out from most of their competitors, is that their email newsletter is available in daily, weekly and monthly formats. (Mostly U.S., with occasional offers for other countries.)

                    #10 CrazyFree

                      My final tip for getting the best free samples by mail, is Australian company CrazyFree. Their funky website offers big brand free sample offers, which currently include items such as Dolce & Gabbana perfume, Coke Zero, and Happy Dog pet food. To claim the offers, select the free samples you would like, and then complete their registration form. (Australia, U.K. and U.S. only.)

                      Receiving regular free samples by mail is a fabulous way of testing out the latest products on the market (and some that aren’t even on the market yet!)

                      You’ll impress your friends and family with all the free stuff you’ll be receiving. And take it from me… it’s a fun, free and rewarding hobby.

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