I don’t think there is anyone I know that doesn’t enjoy saving money. Whether we need to or want to, finding quick and easy money saving tips that can make a difference that can be seen and felt in your pocketbook is always a good thing. I have learned many money saving tips over the past few years through hard knocks, but I also enjoy scouting down a deal and savings before I buy too. Here are some of my favorites.
Quick Money Saving Tips That Will Make a Difference
* Start with your biggest expenses and identify where you can trim some fat. If it is housing, start looking at cheaper places, or loan re-modifications. It doesn’t have to be today, but keeping your eye out for good values will bring one your way eventually.
* Food is another huge expenditure. Check out the article on 12 Top Tips to Save on Your Food Bill for some great tips to save on your food bill. Also our post on Tips for Finding Great Deals When Shopping at a Dollar Store can help you save too.
* Insurance is a big expense for many, depending on housing and vehicles that you own. Do a check on your coverage. Many people are either way under insured or way over insured, which will cost you a lot of money. Raise your deductible for immediate savings. Use only one company for all policies for a bigger savings. Understand what each part of your coverage means so you have your insurance allocated the proper way.
* Utilities are a big chunk of a budget. Make sure you use your thermostat settings to turn off your a/c or heat when not at home or set it to proper levels. Where I live, one degree warmer on the thermostat for a/c can save me 5% on my bill over the month. That can add up! Also change the filter monthly!
Other things you can do is lower your water heater temp, wash in cold water, cut yard watering times, run washers and dryers later in the evening or early morning only. Look for different phone plans, cable or satellite deals. Combining them may save you money depending on the provider.
* Track every expense for an eye opening experience. Often there is a lot of waste that can be trimmed when you start to write down what you are spending. We deserve to treat ourselves every so often, but it can get out of hand quickly if we do not track outgoing money.
We suggest purchasing the Organized Mom Budget Book. Monthly bill organizer. Bill tracker. Budget journal. Accounts book to keep track of personal finances. Pretty and sturdy budget organizer with pages to track home expenses and pockets to store receipts.
These 5 money saving tips tips will help your budget. I use them in my home. Hopefully you can use some of them too. What are your favorite money saving tips?
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These are all good tips for saving money. The important thing is to identify the problem and keep an eye out for possible solutions. If you are not sure about it you can always try it temporarily. I was able to cut the TV?internet bill in half and am very happy about that,
It’s amazing how quickly the money goes out. We all need to take a good look at how we are spending money. I understand what the other reviewers are talking about. My husband is very good with the money but he doesn’t realize expenses. He used to make breakfast for his coworkers every weekend. One day he was wanting me to buy the “good” butter and bacon again. I went to the store and wrote out what the prices of the items he wanted were. He didn’t realize and now has the coworkers share in the cooking and bringing things in. Mom daughter clips coupons, searches online, and diligently goes through the ads. Our grocery is amazing about fuel saver and it really helps us. Another tip at the store is to bring a calculator. The biggest package or the two pack isn’t always the best deal.
I as interested to see that other commenters are in the same boat as I am–I work hard to run a frugal household, but my spouse has no concept of what a budget is or why we need one, and since he’s the only one with an income in the family, I don’t feel I can nag him for spending what he earns. Oh, well, at least I know one of us keeps an eye on the bottom line!
I try to help out at home with being in charge of the menu and grocery list and discovering the best deals, but my husband is the money maker and holder of the money, and he is rather foolish with money and there is little I can do about that. I am very frustrated, but this is life, and I at least can help with the food part of the deal.
I totally understand that. My hubby is terrible with it too and we have struggled and paid dearly for foolish mistakes in the younger years. He is finally seeing the light!
My biggest tip is STAY OUT OF STORES! Of course, I hate shopping so that’s easy for me to say, but always shop with a list and stick to it.
I agree Sarah!That is a great way to sve
I think most people spend way too much on food or at least that is one area people can work on to spend less. I found the best deal at the dollar store the other day (what I call the 99 cent store since they round up to a dollar now, ha!) They had one pound containers of CocoaWell organic cocoa supplement beverage powder that retails online for over $30 each. I bought a dozen! I did leave two on the shelf so not to be a piggy but what a score for a gluten-free, soy-free, non gmo product. I have cut way down on coffee too so this should help and is good for me without the high price. Yes I love to save money!
LOL I do the same thing when I see a hot savings like that. Awesome score!
Great money saving ideas thanks for sharing. Let’s see I stopped buying coffee everyday through those trendy coffee stands. I was spending almost $4.00 per day on a stupid cup of coffee that adds up quick! Also I stopped renting movies that was getting way out of hand now I only rent occasionally. Also shut off the cell phone but I do want to get maybe a disposable phone only for emergency use in the car. I try to cut coupons whenever I can every little bit helps.