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7 Money-Saving Hacks For Book Lovers

7 Money-Saving Hacks For Book Lovers

As a voracious reader and tremendous book lover, you probably frown at the end of the month when you look at your grand total spent on books. Reading is an awesome habit, but sadly books don’t come for free (though I believe they should!). However, by following these 7 hacks you can drastically cut down your book expenses at no time!

1.  Sign up for loyalty programs and memberships

These days most big name bookstores (regular and online) offer special significant discounts and other perks to their loyalty program members. For instance, Barnes and Nobles membership card that costs $25 per year gives you the next cool benefits:

  • 40% off listed price for bestseller books
  • You are eligible for Everyday Member discount, so you can grab new discounted books and other products every day.
  • Free express shipping (1-3 days)
  • $50 worth of coupons, special deals and discounts
  • Permanent extra discount of 10% for all items on sale and everything else.

Also, you get 10% discount for all foods and drinks at their coffee shop and unlimited free wi-fi access. Your card pays off after about fourth shipping, so it’s a terrific value for money deal.

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BAM (Books a Million) also have a great membership program that includes free shipping, 10% in-store discount, $100 in coupons and special deals, free unlimited wi-fi at their store and much more for just $25 per year.

If you prefer reading online, get a membership with Discount Book Sale. For about $20 per month you get unlimited online access to thousands of books, free shipping and up to 30% discounts.

2. Master couponing and never pay full price again

Why you should pay full price when you can pay less if you browse around the web a bit? There are numerous coupons and discount codes available for book purchases out there. Check out sites like Discontrue, BeFrugal and Coupon Chief to score some major discounts and even get cash backs for the books you’ve bought (so you could buy even more books, obviously!).

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3. Organize a book swap

If you’d like to declutter your house and get new books to read for free – a book swap is the best way to do it! You can either ask your friends, co-workers and family to take part and swap or trade books or reach out to other book lovers out there through the web. TitleTrader allows you to swap books and DVDs with other users. You earn points when you give away something and spend them for getting something new instead. PaperBackSwap allows you to swap books by mail. For each book you send (postage is for you to cover), you earn credit to receive a book.

4. Visit the local library

I think of public libraries as hugely underestimated caves of wonders where you can get your hands onto glossy Taschen books you couldn’t afford or flip pages of really rare editions that could only be found at flee markets (if you get lucky).

In France, even small cities have one or two public Médiathèques as they are now called where you can get a free membership to take books, magazines and movies home or just spend the whole day in a cozy chair reading for free. Some even have free wi-fi and vending machines with snacks. You can find all sorts of books there in different languages including English, Spanish, German and others.

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5. Buy directly from the author

Nowadays, most authors run their personal blogs or websites where they typically sell newly released books for lower price compared to those you can find at regular bookstores or online. Most authors even offer special discounts and additional bonuses if you connect with them.

For instance, Jeff Goins offered a special price and extra audio version of his new book to his newsletter subscribers. A lot of authors host giveways you can enter by tweeting about it or posting it on Facebook and get the book for half price or even free!

6. Find the classics online for free

I know for some of us it sounds cool to have hard copy editions of Shakespeare or Dickens proudly standing on the book shelve. But for a frugal type like me, who also happens to move pretty often, having a huge home library full of classics isn’t an option at all. That was when I discovered Project Gutenberg – a public domain library with over 46.000 ebooks to download for free. Good old classics mainly published before 1923, meaning the copyright law protecting them has expired.

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Another great website to get free books from is DailyLit. Each day they’ll send you bite-sized parts of books right into your inbox to read during your coffee break or morning commute. Just set up an account and choose books from a rather extensive library. Most books are free, while the newest editions may cost you a few dollars.

7. Make mindful purchases

Isn’t it a bit frustrating when you read a professionally written book description and plot summary, feel all so giddy with excitement and pay the full price for the book, to later realize the author has a damned great copywriter, but his own text are rather disappointing? You not only waste money, but your time!

To avoid this happening, I typically visit Amazon and pre-read a few pages (for free), screen the reviews there and on Goodreads. Also, if the author runs a blog, you can typically download a chapter or few for free.

Also, loads of authors host read meetings, webinars and interviews (online and offline) where they talk about their new book and often read or quote some parts. Attending all of them is another great way to have a free sneak-peak inside the book and connect with the author. Typically, if I like how the person speaks and expresses their opinion, their writing turns to be highly delightful as well.

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Elena Prokopets

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Last Updated on April 3, 2019

How to Nix Your Credit Card Debt in Less Than 3 Years

How to Nix Your Credit Card Debt in Less Than 3 Years

Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

Hint: there are ways that are easier than you think.

1. Consider Consolidating Multiple Credit Cards If Possible

This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

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Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

2. Try to Pay the Full Balance You Spent Each Month at the Very Least

You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

3. Pay Extra When You Can – Every Small Amount Counts

This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

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It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

4. Create a Plan on How to Pay Extra

Back to the main point, having this plan is giving you one less thing to think about.

This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

5. Cut out Costs for Services You Do Not Use

If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

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6. Get Aggressive About It

Consider these points:

Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

7. Reevaluate Your Progress at Set Intervals

Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

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Finally (and most importantly)…

8. Keep Trying

Do not get discouraged. Pushing it off will make it worse. Just keep trying.

Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

Start Knocking out Your Debt Today

The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

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Featured photo credit: Pexels via pexels.com

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