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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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Published on September 17, 2018

How Being Smart With Your Money Leads to Financial Success

How Being Smart With Your Money Leads to Financial Success

Achieving financial success is not something that just happens. Maybe if you win the lottery or something, but for the average person like you or me, it comes from a series of small steps you take over a long period of time.

With each step, you form a new smart money habit. And with each smart money habit, you build towards financial independence.

So what sort of habits can you form to get on that path? Let’s take a look at smart money habits you can start today to get you closer to a financially independent future.

1. Avoid being “penny wise but pound foolish”

It’s tempting to try saving a couple cents here and there when buying small items. However, that’s not where the real money is saved. You’re putting in extra effort for something that doesn’t move the needle.

You get the most bang when you’re able to cut down on your bigger bills. For example, finding a lower interest rate for your mortgage could save you $50+ per month. And cutting your transportation bill by purchasing a cheaper car or taking public transportation can provide large gains as well.

So, look at your recurring expenses such as housing, transportation, and insurance, and see where there’s wiggle room. It’s a much better use of your time than trying to pinch pennies here and there on smaller purchases.

2. When you want something big, wait

Impulsivity can get you in trouble in most aspects of life. Finances are no different.

It’s human nature to see something and want it right then and there. It starts as a kid in the checkout line at the grocery store, and it continues on through adulthood.

We get an idea in our head of something we want, and it’s hard not to go out and get it right then.

A good example is wanting a new car. Perhaps you’ve had your car for several years. It’s crossed the 100k mile mark. Maybe maintenance is due, and you’re annoyed that you need to replace the timing belt or purchase new tires.

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So, you get the itch.

You start digging around online, and you realize you could trade in your current car for something newer and more exciting… all for a few hundred bucks a month. Then you get obsessed.

Here’s where you have to take a step back.

Your newfound obsession is clouding your judgement. Rather than giving into the impulse, wait it out.

Set a timeframe for yourself. Maybe you come back to the decision three months down the road. See if the obsession lasts.

It might, but often, a funny thing happens. Often, you forget about it. And often, you find that the new car wasn’t a need at all.

The impulse faded. And you just saved yourself a ton of money.

3. Live smaller than you can afford

You finally get that big raise. And you want to celebrate – and why not?

You’ve been looking forward to this forever. And after all, it was all due to your hard work.

That’s fine, splurge a little. However, make it a one-time deal and be done.

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Don’t get caught in the trap that just because you’re now making more money, you should spend more.

Too often, people get more money and feel like they that gives them the means to buy a bigger house, a bigger car… you know the drill. Resist.

The fact is that living smaller than what you can afford is one of the fastest ways to build savings.

But if you constantly upgrade as you begin to make more, then you’ll never get ahead. You’ll just build up more debt along the way and have just as little wiggle room as before.

4. Practice smart grocery shopping

Food… it’s one of the biggest portions of any budget. And if you’re not careful, it can be one of the biggest drains on your wallet.

But luckily, there are a few things you can do to ensure that you stay smart with your money when buying groceries.

Create a grocery budget

Set a strict weekly grocery budget. When you know how much you can spend on groceries, you can then plan your weekly menu around it.

Once you know what all you need, you can go shopping and keep a running tally as you shop to ensure you’re on track.

I tend to do this in my head, rounding for each item. However, writing it down as you go would probably work best for most people.

Make a list… and never deviate

Never go to the grocery store without a list. If you go to the store with a ballpark idea in mind, you don’t have a true ide of what you need.

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You’re not well-researched. You don’t know what the sales are. As a result, you’re going to make decisions on the fly.

These impulse decisions will lead to overspending, which will derail your grocery budget.

Eat before going grocery shopping

It’s also important to eat prior to going to the grocery store. Hunger is a powerful force.

If you’re shopping on an empty stomach, everything is going to look good. In particular, you may find a lot of ready-made, processed snacks will look enticing.

After all, you’re hungry now and that food is easily available. So subconsciously, you may lean towards those items.

Unfortunately, not only are those items typically less healthy, but they’re likely more expensive. You pay for convenience.

However, when you eat prior to shopping, then you’ll shop with a clear mind. Your hunger won’t cloud your judgement, influencing you to make poor decisions like a cartoon devil resting on your shoulder whispering in your ear.

This makes it much easier to stick to your grocery plan.

5. Cancel your gym membership

Now that you’re all set on your food, it’s time to get smart about managing your budget in terms of physical fitness. And let’s begin by avoiding the gym. The gym bill, that is.

The average gym membership costs around $60 per month. That’s $720 a year.

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Yet, two out of three gym memberships go unused. That means two-thirds of people who have a gym membership are literally giving away almost a thousand bucks a year. It’s crazy!

I recommend seeking an alternative. One good alternative is to look into fitness streaming services.

Streaming services allow you to stream hundreds of workouts like Insanity and p90x, right in your own home for around $10-20 a month. That’s $40-50 less a month than the average gym membership.

Of course, then there’s the free option. The internet is full of free workouts that you can do on your own with minimal or no equipment.

For example, there’s the Couch to 5K program, that I personally used a decade ago to ease myself from couch potato to running my first 5K race. If I could do it, anyone could.

Then there are free resources like reddit that have limitless information on workouts. The Fitness subreddit has done all the research for you, populating workout tips and detailed workout routines for anyone to use in their wiki.

There are several routines that require no equipment. And you can join in on the subreddit to become part of the community, making it easier for those seeking comraderie and encouragement in their fitness goals. All for free.

It’s baby steps… And baby steps can start now!

I’ve never met anyone that can’t stand to be a bit smarter with their money. And on the flip side, anyone can get smarter with their money. But remember, it doesn’t happen all at once.

Begin by fighting your impulses. Prepare for the week and be smart at the store. And cut monthly expenses like gym memberships that are overpriced and you probably aren’t getting your money’s worth out of anyway.

The devil is in the details. And the details can change your lifestyle and prep you for a financially independent future.

Featured photo credit: Unsplash via unsplash.com

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