Obviously, we all would love for more money to come in. There are a few ways to do that, including: ask for a raise, get a second job, or sell items that you no longer need.
But most people focus on how much money is going out and find ways to reduce that instead. Some require more time than others, but they all can keep some money in your wallet!
- Check your insurance rates at least every other year.
- Thrift Shops: you can find great deals!
- Pack your lunch (see ideas in the 11/3/14 post).
- Shop for better cable and internet rates at least every other year.
- Use coupons (more on this in the next few weeks)
- Collectibles: do you really need to spend all that $ on yet another _________?
- Find a bank that doesn't charge ridiculous fees.
- Sign up for rewards cards—at restaurants, grocery stores, department stores, etc.
- Stop buying “convenience foods” such as Lunchables and pudding cups. Make your own!
- Cancel magazine subscriptions.
- Make big batches for the freezer (watch for a post on freezer meals later this week).
- Yard Sales---shop at them for great bargains, or sell your own items.
- Take care of your appliances, carpet, car, etc. so that they last longer.
- Utilize free things in the community: library, parks, parades, etc.
If you look around your home, I’m sure you’ll find some ways to cut back on the spending. It may not be easy, especially in our society that emphasizes instant gratification and convenience. But if you truly want to pinch some pennies, I’ll bet that there are ways for you to do so.
Here's a great blog with a lot of useful money-saving tips, definitely worth the read: http://www.thesimpledollar.com/little-steps-100-great-tips-for-saving-money-for-those-just-getting-started/