I recently moved from Mississippi to Florida. We quickly realized that it costs more in every sense of the word to live in our new state, so I have had to get creative with ways to save money every month while also decreasing our spending. Sometimes finding ways to save is just as important as finding ways to earn! Check out my 10 easy ways to save money this month and start saving today!
1.) Don’t spend if you can’t pay: This seems like a no brainer, but a surprising amount of folks struggle with this one. In our house, we don’t make big purchases on our credit card unless we can pay them in full when the bill comes due. If we can’t, then we just do without. Sure I would love to buy new furniture for my house, but it’s currently not in the budget, so right now we have no bar stools. The month will come, but this month just isn’t it. So we just stand around in the kitchen when we eat. I kid, we have a table!
2.) Unplug/electricity: Did you know that even when your stuff isn’t on, but it’s still plugged in…it’s using electricity? I have tried to get in the habit of unplugging things like my phone charger and laptop when they aren’t being used. The two main lamps we use in the living room are on an extension cord we just unplug instead of turning on and off the lamps. It’s the little things that add up!
3.) Monthly subscriptions: How many of you get 27,000 magazine subscriptions every month? How many do you actually read? I have cut back and no longer get monthly magazines (I used to get about 4-5!) The magazines would stack up and mock me and I felt guilty for not opening them. A sad situation. Now I save money and don’t feel pressured.
4.) Stop being grocery brand loyal: Confession: I rarely used to check the prices of items against their competitors in the store, I just bought my favorite brands. I know right? Huge mistake. Not only because a lot of times a competitor may be on sale, but quite frankly for a lot (not all) grocery related items, you can’t really tell the difference in the store brand or name brand. I have saved a lot of money by price checking and using coupons before I throw something into my cart and buy.
5.) Buy consignment: People are constantly asking me where I get Emma Kate’s adorable clothes. Truth is, rarely do I buy her clothes new. If I do get something new, it’s from a pre sale Facebook group where I pay for things months in advance in order to get them super cheap. I can buy a second hand church dress for EK for a fraction of the cost at a consignment shop, and no one can tell it isn’t brand new. I started doing the same with furniture as well. I bought an old wooden dresser for $75 on Facebook, put a fresh coat of white paint on it and repurposed it as our new TV stand in our home. For under $100 we have a great piece of furniture that would have cost us hundreds at a store. I have totally gotten over the need to have everything “new”. You can find some great deals on second hand items if you take the time to research and are willing to put in a little elbow grease.
Would you have ever guessed we bought this dress at a consignment shop? Nope!
6.) Eat out of your freezer and pantry: Before we moved, we ate out of our freezer and pantry for a couple of weeks to clean them both out, and I was amazed at the meals I could come up with. I also felt a little ashamed that we had so much food but yet I bought more and more every week. I have decided to make it a new thing where for one week every couple of months we eat out of what we already have at home. Don’t let that food expire and go to waste!
7.) Stick to your list: This is a big pitfall for me, especially when it comes to a little store called Target and a little girl named Emma Kate. The dollar spot in particular is a weakness of mine because “it’s just $1.00” or “it’s just $3.00” but if I buy 5 items that is easily and quickly between $10 and $15! I create a list before I shop now and don’t stray from it. My kid really doesn’t need more toys and I don’t need more junky things to clutter up the house. Stop the impulse buying!
8.) Close the curtains: We moved into a bigger house which means a bigger electric bill. Did you know that windows are where most of the cold and heat comes into your house? I have started to close the blinds/curtains for rooms I’m not in during the day to help save on electricity. If I change rooms for an extended period of time, I just open up blinds/curtains in the new room, and close in the old room. No biggie.
9.) Cheaper phone plan: Bobby and I recently were able to save around $40 a month on our cell phone bill by switching our plan. We had an unlimited plan, but after looking at the past few months of data history, we realized we never even came close to reaching what the data limit would be on a plan that would have been way cheaper. If you have unlimited data, call your phone company and have them tell you how much data you are averaging a month. If it’s below one of the cheaper plan limits, switch!
10.) Sell items online: Not only do I buy furniture, clothing, and the like online…but I sell it, too. I am a member of several local Facebook yard sale groups, and have made a good amount of money selling everything from baby clothes and toys to furniture and electronics. It’s great for spring cleaning! Just make sure you take well lit photos and give good descriptions. Remember people like to haggle, so start your item at a price you are ok negotiating with. If you choose to do this, always meet in a public place in the daytime, and ask for cash only.
QOTD: What is your best tip for saving money?