Money Saving Tips for Everyone
Do you like to save money? As it turns out, I think the majority of us would yes! Using these money saving tips can help you do just that. Whether it’s on groceries, online shopping, insurance, or even clothes, these tips will help you live more frugally!
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There are a bunch of great grocery rebate apps that you can download onto your phone for free, check out this article for the specific details! The short version of that article a list of rebate apps like Ibotta, Checkout51, Fetch Rewards, and a few others that can save you money every time you go to the store.
Another rebate website that dedicates it’s time to saving you money is Ebates.
Here you receive money back on your online shopping. It can save you so much money especially around the holidays where you are most likely doing a lot of online shopping. Here is another article to check out on a couple of different ways to save you money when you shop online.
2.Shopping Around on Life/Car/Home insurance
When it comes to insurances, yes you want to have them, but sometimes it’s important to shop around and find the best deal. It can add up to huge savings in the long run. At the end of the day, they are providing you with a service and you have the right to find the best deal.
When my husband and I first bought a house, we were naive. We thought that all home insurances are equal, so we settled with the first one we found. It wasn’t until at the advice of my mother-in-law that we go through a broker to find us a better deal on our car and home insurance. I figured it might save us a few dollars, but what I didn’t realize was that we ended up getting a policy for HALF the cost of what we were paying at the time which ended up saving us over $1000.
Coupons are a great way to save money but some people roll their eyes when they see coupons. I get it, it takes longer, and you may receive a few grumbles from customers behind you in line, but in all honesty you can be saving TONS just by using coupons.
The best/worst are Enfamil/Similac checks. They are coupons, but unfortunately have to be entered in like a check which causes a lot more time than scanning them in. This is where I often times decide it’s not worth the hassle, but then it’s like you are giving up on $5. That $5 every time you buy formula can seriously add up over the span of your child’s life of drinking formula, plus formula is expensive.
There are a few different kinds of coupons, some are printable, some are from a newspaper, and some are digital. Depending on where you shop, they will most likely take both printable and coupons you would receive in a newspaper, but digital coupons are more store-specific.
The simplified version of how National Consumer Panel works is that you scan in your groceries each time you buy something at the store, and they reward you with points. Also, they have short surveys you can take to receive more points. The points can then be redeemed for giftcards and also some really cool items. While it does take a little extra time, it is by far one of my favorite money saving tips!
5.Make a list before shopping
When you go shopping, make a list or at the very least have a game plan. When you go in prepared, you are less likely to splurge on items that you really don’t need. The one exception would be if it is something that you buy regularly that goes on sale.
I don’t know how many times I bought too much of things that I really didn’t need or randomly went down every aisle because I didn’t make a list. While going down every aisle is ideal for the store, it’s not great when you are trying to save money and should be limiting your trip to only the things you need.
6.Stock up during sales
This might seem like a given, but it’s still worth noting that stocking up on essentials like laundry soap, toilet paper, soap, shampoo, and other non-perishable goods during sales can save you too! Just don’t go overboard, because while it is nice to have a good stockpile, stockpiles take up a lot of space.
7.Shop the clearance racks
When you are trying to save money, the word clearance is like a million bucks. I love buying things that are on clearance because this means they have marked it down quite a bit and are trying to get it off their shelves.
I used to work in retail, so when a product has been in the store for too long, or they are needing to make room for a newer item, they will usually clearance items at huge discounts. This means huge savings, but just make sure that you look at expiration dates. ( One time I purchased a package of formula for $3.00 and I thought this is such a bargain only to find out it was like 3 months expired).
8.Don’t shop when you are hungry
Have you ever noticed that when you shop for groceries while you are hungry, you buy more? This is because you are shopping with your stomach instead of your brain. Next time you are going to shop for groceries, make sure to go on a full stomach.
9.Stop Eating out
Fast food, and eating out add up. While it might not seem like a lot of money at the time, it can certainly add up over time. If it’s unavoidable, one money saving tip would be to get a water instead of a soda. Not only is it healthier, but also cheaper!
10.Price match when you can
Price match is another one of those things not a lot of people do, and roll their eyes when they see others do. The crazy fact is, price matching can save you so much money. Just be aware of the store’s policy on price matching as some retailers only price match their online store.
11.If you buy a new car…NEVER pay sticker price
I honestly thought everyone knew this, and almost didn’t write it. Then, I had a family member buy a car and they told me that they paid sticker price. If you aren’t in the market to be buying new cars then feel free to skip to the next money saving tip, but this one is kind of a big deal.
Sticker price at a car dealership is subject to change and you should NEVER pay sticker price. They want to get a sale, so they are willing to wiggle on price, but only if you are willing to walk.
12.Adjust your thermostat
While it might not seem like it could save you money, adjusting your thermostat even a degree or two can make a big deal. When you aren’t home, set the air conditioner to run a little warmer than if you were home (and same with the heater only don’t have it set as hot).
13.Invest in high-efficiency
More and more things nowadays have gone the way of high-efficiency. While it may cost more upfront, it can save you tenfold over time. Some of your biggest electrical users (air conditioning, refrigerator, washer/dryer) would be what you need to consider.
If you have the money to invest, you can also change out your lightbulbs with LED bulbs. Again though, this does get pricey!
14.Wait until a movie comes out on redbox or netflix
Going to the movie theatre is expensive. From the ticket price, to the refreshments, everything as a movie theatre is over-priced. If you do still decide to enjoy a trip to the movie theatre, at the very least…take your own snacks/drinks.
15.Buy store brands
Buying name brands can get expensive, especially with a store brand has just as good of a quality as the name brand. I do this especially for ziploc bags. I honestly never notice a difference and they can sometimes be half the price of the Ziploc brand.
16.Shop gently used, second-hand
This is another one that has a stigma…shopping at thrift stores. While shopping at a thrift store might seem tacky, it can actually save you a bunch. Not only that, no one is going to know unless you tell them where you bought it.
One place to find gently used name brand clothes is by shopping at Thredup. Thredup is like an online thrift store that sells clothes, shoes, and purses. They have women’s clothing, baby clothing, and also maternity clothes. Check them out and see what you think!
Thredup also is extremely pick, in a good way, about the quality of items they accept to resale. This is wonderful if you decide to buy something from them.
17. Buy off brand printer ink online
Ink is expensive! I used to use my printer to print photos off with, but realized it’s actually cheaper to just buy the photos at Walgreens, shutterfly, or walmart photo. With that being said, I still use my printer quite often, but what I have found is that if you purchase the ink that has been refurbished from brands like ValueToner, you can save $15+ each time you need to buy ink. It still lasts just as long as the name brand ink, and you really wouldn’t know the difference.
That being said, I’m not sure how well it does on printing photos. Like I said earlier though, I have decided it is just so much cheaper to get my photos from someone else.
18. Avoid running major appliances all at the same time
While there are certainly times where you can’t avoid it, it will save you money. Here why: running large wattage appliances at the same time can push your electricity bill into a higher usage bracket. Most electricity companies base how much they charge you off of the bracket you fall under for the month. For instance, run the dryer at a different time than you would run your oven.
19. Blackout Curtains
Another little-known money saving tip is to invest in blackout curtains. These help cut out the amount of heat that your window lets in, thus making your air conditioner work less often. Also, they help hold the heat in during the winter months if you don’t have well-insulated windows or patio doors.
Well, these 19 money saving tips are sure to help you start living more frugally. I will continue to update this article when I can think up more tips to save you money, so be sure to pin this for later! What ways do you save money? Leave me a comment below, and let me know.