Money Saving Tips Everyone Can Use Part 1 of 5

by Justin Weinger on March 25, 2013

There are always people who will find interesting and different ways to save money. Many of these techniques are being used all over the country and some of them aren’t because well, they’re kind of weird. But, what one person thinks is weird another person may think is an excellent idea. And, no matter what, everyone is always keen on saving a little extra money. With that in mind, we put together a very long list of some of the best money-saving ideas that we have heard of over the years. Some of them you might’ve heard of before, some of them might be new to you, and some of them might make you wince just a little but don’t be too judgmental and use what you can. If you can find 10 to 15 that you can use on a regular basis it will have been worth the 10 minutes it takes you to read this. Enjoy.

  1. Take a very close look at your bank and do some comparison shopping to find the bank that’s cheapest for your needs.
  2. Take a long, hard look at your collections. Are you collecting something that will be valuable someday or is it just a bit of a waste? Determining this and whether it brings you real joy will help you make up your mind.
  3. Turn off that TV more often. The simple fact is that when you’re watching TV you’re not accomplishing anything in most cases. Turn it off and find another way to earn money if you need it.
  4. Give a homemade gift. Yes, going to a store is going to be a lot more time efficient but making something at home may save you enough money to make it worthwhile.
  5. Make a grocery shopping list every time you go grocery shopping, use the list, don’t deviate from the list and you will spend less every time.
  6. Start using the 30 day rule. This rule states simply that when you’re ready to make a big purchase, or even a medium-sized purchase, you wait 30 days before making a decision once you have chosen what you want to purchase. At the end of that 30 day period if you still want the item enough then purchase it. Oftentimes that will not be the case and you will have saved money on something that you might not have actually used.
  7. Instead of going out to dinner with friends invite them over to your home and entertain them they are instead. The fact is you can purchase enough alcohol for a small party for the same price that if you mixed drinks will go for in most restaurants. Food costs are also much cheaper.
  8. Rather than throw out something that is damaged try to repair it instead of buying a new one.
  9. Children love boxes.  Keep this in mind when you’re buying huge, colorful and expensive presents that may not entertain them nearly as much.
  10. If you want to eat less food drink more water. This has a number of extra benefits including helping you watch your weight and drinking water, one of the most important liquids on earth and something that few people drink enough of.
  11. Sell some of your old, unused, unwanted or unnecessary stuff online using eBay or Craigslist. Frankly you’d be amazed how much you can get for some stuff that’s just sitting in your garage or attic collecting dust.
  12. Talk to your credit card company and ask them to reduce your interest rates. If you are a good customer, has been paying your bills on time, and have no negative marks on your credit report in most cases they will oblige you. If you don’t get satisfaction with the person that you speak to first ask to speak to a supervisor.

There’s a dozen excellent money-saving tips to get you started. Please come back and join us soon for Parts 2 through 5. In the meantime start using these tips to save money wherever you can. If your diligent, and put some effort into it you might be amazed at how much you can save. Best of luck and we’ll see you back here soon.

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