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These 10 Tips Have Helped Me Save Thousands On My Household

These 10 Tips Have Helped Me Save Thousands On My Household

Whether you are living alone, with a roommate or a significant other, managing household costs should be a priority if you want to be able to get out of debt and live a fairly comfortable life. It’s nice to know that you have some money on your account that can help you cover emergency costs, as well as a little extra saved up for a few important luxuries like travel, home renovations and so on. However, in order to achieve a certain level of financial stability you need to make sure that you are being efficient with your monthly budget, and there are plenty of simple ways to save money without making it seem like you are punishing yourself.

What we will be looking at in this article are money-saving tips that are practical and sustainable, i.e. things that will help you out in the long run and that can become second nature. I’ve managed to drastically improve my budget using these tips – by spending less on basic everyday things, I have actually allowed my family to spend more on some of the finer things in life, and so can you.

1. Stop buying disposable razors and expensive shaving gels

Electric shaver

    I’ve always admired my old man’s ability to keep his face clean shaven every single day for decades using an old straight razor that his father left him and shaving soap. I on the other hand, have been wasting money on disposable razors and fancy-looking shaving gels until I realized just how much they were costing me.

    Yeah, they’re cheap, but you can go through a bunch of them each month. Since a straight razor takes time and skill to use and has to be maintained, a better solution for the busy modern man or woman would be a safety razor or an electrical shaver. Modern electric shavers give a good shave in a third of the time it takes to shave with safety or disposable razors, they work for women as well as men, and you only need to replace the head every few months. You can also whip up a very good shaving cream at home with a minimal investment. Switching to an electric shaver and making your own shaving cream will save you 20-30% depending on how often you shave.

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    2. Switch to a healthier diet and do some walking

    Many people are under the wrong impression that eating healthy costs more than eating junk food. For one, a healthy diet means cutting back on the calories to shed some of the extra pounds, and less food means less money spent. Second, as long as you don’t go full on organic, you’ll find that fruit and vegetables can be quite cheap and filling. You can even buy frozen vegetables in bulk and keep them in the freezer for months.

    Eggs are quite cheap as well, and you can get chicken, beef and veal relatively cheap when buying in bulk. As long as you go for a brisk walk, say 60-90 minutes each day, do a few workouts here and there, and eat healthy your health will improve and your medical bills will go down. A healthier lifestyle and smart grocery shopping can save you around 20% and save you a trip to the doctor.

    3. Work on your gardening and cooking skills

    Gardening at home

      If you want to take your healthy lifestyle savings to the next level you can grow your own fruit and veggies in the garden or even inside the house, and cook your own food instead of dinning out all the time. There are plenty of fruits and vegetables that don’t take up a lot of space, they give you free and fresh organic ingredients and some, like cherries and almonds, are extremely beautiful when they flower.

      You have access to thousands of recipes online and free cooking videos, and you can prepare meals for the next few days and keep them in plastic containers, and bring them to work. Growing your own fruit and vegetables, and cooking more can save you an extra 10% on your grocery bills.

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      4. Be on the lookout for great bargains, even if you don’t need anything right now

      Shopping for something only when you absolutely need it doesn’t leave you with a lot of options. For example, buying a big warm jacket during the winter means you’ll have to pay the full price, while you can buy one in the summer for half price. This is why you should always be on the lookout for great deals when you are running errands around town or going to get some coffee on your lunch break.

      Sometimes an exceptional opportunity presents itself, and the money you spend now saves you a lot more down the road. Depending on the discount or special offer involved, hunting for good deals can save you anywhere between 15% and 50% on a variety of items.

      5. Educate yourself about hygiene products, clothes and gadgets, so you can buy cost-effective items

      Informed customers

        To boost your savings even further you need to become a well-informed consumer. A higher price doesn’t necessarily mean better quality, and sometimes all you are paying for beyond a certain point is the privilege to become a walking billboard for a big company. With hygiene products like shampoos, tooth pastes and soaps in particular, there is no noticeable difference between reasonably priced and top of the line products, apart from packaging and marketing.

        The more you know about phones, cameras, fashion and other areas, the better you will be able to judge whether a product is worth the price tag or not. By being an informed shopper, on top of looking for bargains, you can save another 5-15% while getting the same quality goods.

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        6. Try to ditch some of those bad habits

        About 18% of American adults are smokers and over a third are obese, and the numbers aren’t quite clear on the number of people who drink regularly. Bad habits like smoking, emotional eating, excessive drinking, impulsive shopping and even excessive coffee consumption can take a big bite out of your budget. It takes a strong will and patience to make a positive lifestyle change, but it really pays off. Not only can ditching bad habits do wonders for your overall mental and physical health, which means spending less on medical bills, but it can help you cut your spending by another 10-30%.

        7. Consider switching to a wood-burning stove

        classic wood burning stove

          The heating bill is usually one of the biggest hit to everyone’s budget. When winter comes you don’t have much of a choice than to keep the house warm by any means available. However, even though some DIY insulation solutions can help you keep the place warmer, a wood-burning stove is a very cheap heating solutions and will last for decadences. Getting quality firewood will keep the fire going for a long time and isn’t expensive, but will require some work to chop up and store properly. A stove will require an initial investment, but will quickly pay for itself, as it keeps you warm winter after winter, and will save you up to 20% on your heating bill.

          8. Don’t walk around the house in a t-shirt and shorts during the winter

          You can save on your heating during the coldest months even further if you dress for the season. Most people like to feel warm and cozy, but if you want to walk around the home wearing as little clothes as possible, like you do in the summer, then you will need to heat the home up to summertime temperatures, which is not very energy efficient. A simple solution is to wear warm socks and slippers, and layered clothing, so that you can keep the temperature a bit lower and still stay warm enough. This can cut another 3-5% from your bills.

          9. Learn to limit your water usage during everyday tasks like showers and dish washing

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          Conserving water while washing dishes

            I like to imagine that I am in a dessert environment and that water is very precious and the supply limited – an idea I got from a summer vacation where we had to make do a set amount of water each week. You’d be surprised at how much you’ll save on your water bill if you start turning it off while you brush your teeth or soap up during a shower, use a low flow to quickly rinse the dishes and turning it off until you’ve applied detergent and scrubbed them off and so on. You can also get more efficient shower heads and faucets. This can save you a nice 5-8% on your bills, depending how many people you have in your household.

            10. Hit the library

            Buying books can be expensive, while joining a library costs very little. However, not a lot of people spend plenty of money on books, but they do sometimes need a quiet place to work or do some research, and while coffee shops are a good option, they tend to be pricey. Public libraries offer a calm workspace which doesn’t cost you anything, and as an added bonus, those few hours you spend at the library are a few hours during which you are not actively using electricity at home, so you save a tiny bit on your energy bill as well. Depending on how much time you spend at the library, you can save some 5-10% on coffee shop bills.

            All in all, following these simple and effective cost-cutting measures will allow you to shave a fifth or fourth off your monthly spending. This money can go towards paying off your debt, straight into an emergency fund or into a savings account.

            Featured photo credit: Kitchen via shutterstock.com

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            Last Updated on August 7, 2018

            How to Make Money with a Blog (According to 23 Successful Bloggers)

            How to Make Money with a Blog (According to 23 Successful Bloggers)

            Not too long ago, you believed that making money with a blog was impossible. But after seeing dozens of income reports from other bloggers, you became hooked. Now you’re left wondering if you could achieve similar results.

            In this article, I’ll consolidate the lessons learned from some successful bloggers and get you the advice on how to make money with a blog.

            How to monetize your blog the right way

            A blog is more than a website with words, it’s a brand that solves a problem. When you’re first starting off it’s difficult to make any money. Why? Because no one trusts your brand.

            The solution is simple, provide engaging content to build a large audience. Once your blog’s traffic and subscribers have grown, here are the most effective ways you can monetize your blog.

            1. Affiliate Marketing[1]
            2. Selling Courses[2]
            3. Coaching[3]

            “Get rich quick” schemes rarely work

            Some believe that bloggers had their success handed to them, but this is far from the truth. Their success required sacrifice, discipline and courage to work. And this is where most people run into trouble because they’re unwilling to put in the work.

            Your first step to building income through your blog is to stop believing it will be easy to achieve. The trick is to only listen to a few bloggers who are at the position you’d like to be and take massive action.

            It can take months or even years before you start earning income.

            And when the going gets tough, keep going. Don’t stop. Learn to love the journey more than the outcome and you’ll build a profitable blog.

            Executing the right advice leads to success

            You need to learn from bloggers with diverse backgrounds.

            What motivates someone to build an online business may not inspire you. But there’re strategies some bloggers will share that you’ll resonate with.

            So what’s the next step? To start taking action.

            How to make money with a blog: Lessons learned from 23 successful bloggers

            Browse the list of some of the most influential and down to earth bloggers in today’s time. Chances are that you’ll resonate with a few of them. Take their practical lessons and apply them to your blog.

            These bloggers may spark light bulb moments for you and change your life forever.

            1. Gary Vaynerchuck – Down to earth entrepreneur who’ll transform your life

              Gary is a proud “D” student who helped his dad grow his wine liquor store into a 60 million business. He left the wine business to start his own digital agency, which now generates over $100 million.

              Today, he inspires entrepreneurs of all ages through his blog, vlog, and Podcast to take full control of their lives doing what they love.

              Lesson: Have the patience to build a successful business.

              2. Pat Flynn – Online Jedi who’s fearless to try new ideas

                Pat built several sites, is an author of many books and has launched many podcasts. His blog is one of the most popular sites on the web for beginner and experienced entrepreneurs. Despite Pat’s success, he’s still humble and willing to help others.

                Lesson: Don’t let fear stop you from stepping out of your comfort zone.

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                3. John Lee Dumas – Entrepreneur on fire, inspiring others through his voice

                  John is the host of EOFire, an award-winning business podcast, interviewing top entrepreneurs. He’s interviewed successful entrepreneurs such as Gary Vaynerchuk, Tony Robbins and many more. John is also the author of the #1 ranked book for Podcasting in Amazon. He’s an excellent example of what happens when you chase your dreams and remain committed.

                  Lesson: Follow one course until success (FOCUS).

                  4. J Money – Rockstar money expert who injects “cool” into finance

                    J Money is an award-winning personal finance blogger, company advisor and money rockstar. He injects a “fun” personality in his blog, adding a sense of “coolness” to personal finance. He’s the founder of RockstarFinance, a personal finance directory filled with useful resources.

                    The fresh perspectives J shares about money will leave you pondering for days.

                    Lesson: Have fun with your blog to stand out and create engaging content.

                    5. Mr. Money Mustache – Badass blogger who’ll transform your financial lifestyle

                      Mr.MM’s goal is to help you live a “badass” life. He has unique money saving ideas up his sleeve, such as cutting your grocery bill in half, and DIY solar panels. There are no “generic” articles in his blog, only thorough and well-thought ideas.

                      Mr.MM is financially independent and willing to share his secrets if you dare to listen.

                      Lesson: Focus on your needs and wants to live your dream lifestyle.

                      6. Sam – Thoughtful blogger sharing smart insights

                        Sam is a blogger and a real estate investor. His blog has received millions of views and featured in Forbes, Lifehacker, CNBC, and many more. Sam dives deep into topics like real estate, retirement planning, and career strategies. Read his blog and discover why it’s “bookmark-worthy”.

                        Lesson: Keep investing in yourself to be better prepared for the future.

                        7. Joshua Dorkin – The persistent entrepreneur who never lost hope

                          Joshua is a well-known entrepreneur and speaker who’s featured in major publications. He’s built the nation’s largest real estate investing blog and co-host of the BiggerPockets podcast.

                          He’s the ultimate example of what’s attainable when you pursue your dreams. His blog is one of the only few you’ll need to reach financial independence with real estate.

                          Lesson: Keep working towards your goal despite who tries to stop you.

                          8. Ramit Sethi – That “cool” teacher who’ll help you reach your next level

                            Ramit is a New York Times Bestselling author. He prides himself on being different, which is why he loves giving away 98% of his material for free. His content is binge-worthy and will bring out the awesome out of you.

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                            If you’re ready to master your inner psychology or finance, then stop by Ramit’s blog.

                            Lesson: There’s always a way to get what you want as long as you’re willing to put in the work.

                            9. Paula Pant – The entrepreneur who took an enormous risk chasing freedom

                              Paula is a writer, speaker and freedom enthusiast. It didn’t take long after landing her “dream” job to know it wouldn’t offer the freedom she’d craved.

                              Today, Paula has reached financial independence by building many income streams. Her writing style is engaging will leave you questioning your limiting beliefs.

                              Lesson: It’s worth risking the odds to live your desired lifestyle.

                              10. Steve – Early retiree, fearless to take a stance

                                Steve reached financial independence 30 years earlier than the typical American. You can find his work in major sites such as Forbes, Business Insider, and many more.

                                Currently, Steve writes detailed content on his blog helping readers achieve financial independence. If you’re looking to save money, or retire early, you’ll love Steve’s blog.

                                Lesson: Plan ahead to reach your desired goals.

                                11. Robert Farrington – Millennial Sensei for college students

                                  Robert is a consultant, and a writer dubbed as America’s Millennial money expert. His passion for managing money at a young age led him to create The College Investor. In his blog, you’ll find great resources to crush student loan debt and invest your money.

                                  Lesson: Be open-minded with how you can express your passion.

                                  12. Joe Udo – The writer who took the road less taken

                                    Taking risks ain’t easy, but there are always a few people who take it anyways. Joe is a blogger, investor and a great example of what risk takers do. He retired before turning 40, after leaving a job he’d been working for over a decade.

                                    Joe’s blog shares proven ways to building passive income, and managing your money.

                                    Lesson: Taking risks becomes easier when you prepare daily.

                                    13. Elle Martinez – The financial superwoman for struggling couples

                                      Elle has a passion for money, so much that she’s been writing about personal finance for over a decade. She enjoys helping couples build their finances together, and live on one income.

                                      Elle’s blog helps you avoid money fights, boosts your savings, and much more.

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                                      Lesson: Find ways to solve the problems you’re obsessed about.

                                      14. Len Penzo – Creative blogger who makes personal finance entertaining

                                        Len’s blog has received over 9 million visitors. He’s featured in major publications such as the NY Times, Forbes, and many more.

                                        Len transforms boring money subjects into engaging content that hook readers for more. If you want to make smarter financial decisions, his blog is a must-read.

                                        Lesson: Create engaging content to build a large audience.

                                        15. Farnoosh Torabi – Finance expert, inspiring women to unleash their full potential

                                          Farnoosh used to borrow clothes and eat $5 Footlongs until she climbed out of debt. Today she’s a journalist, author, TV personality, and financial expert. Farnoosh is the host of SO Money, one of iTunes’s top financial Podcasts. She’s a leader and inspiration to other women.

                                          Lesson: View your shortcomings as gifts and use them to stand out.

                                          16. Michelle Schroeder-Gardner – Young entrepreneur achieving success on the road

                                            Michelle started blogging in 2011 with hopes of improving her finances. Today, her blog is one of the most popular personal finance blogs you’ll find. There’s a slim chance you might catch her on the road, as she’s touring around the US with her husband. Her blog contains advice for growing your income and living a better lifestyle.

                                            Lesson: Be transparent about your struggles to build a supportive audience.

                                            17. Phillip Talyor – Money expert who knows how to throw a finance party

                                              Phillip Taylor or “PT” is a blogger, CPA, and a finance enthusiast. At one point, he’d accumulated a ton of debt and was in need of financial wisdom. He created his blog to document his financial wins, and collaborate with others.

                                              Because of Phillip’s passion for finance, he created FinCon. Today, Fincon is the go-to conference where influencers and financial brands meet.

                                              Lesson: Hard work is more important than experience to achieve your goals.

                                              18. Stefanie O’Connell – The financial role model every woman needs

                                                Stefanie started blogging around 2008, at a time when most of America was in a financial crisis. Despite this, she went from living on less than $500 a week to dubbed as a Millennial money expert.

                                                Stefanie spends her time helping ambitious women adopt “rich” habits. Join Stefanie’s tribe and start feeling empowered with your finances.

                                                Lesson: You can be a role model for others if you’re brave enough to face your fears

                                                19. J.D. Roth – Finance enthusiast who’ll leave you thinking smarter

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                                                  J.D. was a contributor of the “Your Money” column for Entrepreneur magazine. His blog is one of the best personal finance blogs on the web and has received millions of visitors. You’ll find in-depth articles that will leave you making smarter money decisions.

                                                  Lesson: No matter how big your problems are, there’s always a solution.

                                                  20. Catherine Alford – Entrepreneur mom, inspiring women to chase their dreams

                                                    Catherine is a speaker, writer, and a proud mom of 2 twins. She’s an inspiration for women looking to spend more time with their families. Catherine became best Contributor/Freelancer for personal finance in 2014.

                                                    Discover why you don’t need to choose between your career and family at Catherine’s blog.

                                                    Lesson: Your story can become the inspiration many are searching for.

                                                    21. Natalie Bacon – Life coach and entrepreneur inspiring women to design their dream lives

                                                      Natalie is an inspiration for those looking to pursue their passion. She’s featured in major sites like The Huffington Post, Forbes, and many others. Natalie follows her dreams and isn’t afraid of hard work. Her blog contains quality content that will inspire you to take action.

                                                      Lesson: Don’t be afraid to change course because you’ll be one step closer to finding your dream life.

                                                      22. Crystal Paine – Inspirational entrepreneur who loves to give back

                                                        Crystal is a personal finance blogger who’s been writing since 2006. Her site has creative ways to save money on groceries, clothes, toys, and much more. Crystal donates a percentage of her blog’s income towards life-impacting ministries.

                                                        Her blog will not only teach you how to save money but also how to live an abundant lifestyle.

                                                        Lesson: Focus on helping others first and you’ll build massive wealth.

                                                        23. Liz – Frugal expert who’ll transform your bad spending habits

                                                          Liz is an author, writer and a frugal expert who enjoys helping others save money. She’s featured in NPR, Forbes, Liz’s blog contains creative ways to save money and reach financial independence.

                                                          Lesson: Be bold enough to prioritize your opinion above others’.

                                                          Start your blog and achieve jaw-dropping results

                                                          Imagine waking in your pajamas and opening your laptop. You notice a few hundred dollars were deposited to your Paypal account. This money didn’t fall from the sky, it came from your blog.

                                                          Not too long ago you believed making money from a blog was impossible, but now you’ve finally achieved it. Amazing isn’t it?

                                                          This can be your reality if you learn from these successful bloggers. Go through this list and pick your top three bloggers. Take a look at their content (Blog, Podcast, Video), and break your bad habits.

                                                          The time has come to transform yourself into the blogger you’d like to become. You’re not someone who only wants to accumulate a ton of cash. You want to live your dream life and impact others doing what you love.

                                                          What’s stopping you now?

                                                          Featured photo credit: Pexels via pexels.com

                                                          Reference

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