Small Ways to Save Money that Really Add Up

Posted on February 28 2013

Many people want to save money, but that is always easier said than done. Good intentions usually get thrown aside for old habits. Instead of making huge lifestyle changes, make these small changes and you may be surprised to see how much money you can save.

Buy Cheaper Gas – Gas seems to be getting more and more expensive as the days progress. One easy way to save money is to shop around for the cheapest gas before you fill up. Pay attention as you drive past gas stations on your way to work. Which ones have the lowest prices? Fill up there instead of the one a block from your house that is 4 cents more per gallon. It may not seem like a lot, but it will really add up. Consider downloading an app like GasBuddy which will help you find the lowest gas prices across the country.

Cut the Landline – Let’s be honest, how much do you actually use your family’s landline anymore. Most people use their cell phones as their main number. Instead of spending money every month on a phone that rarely gets used, get rid of the expense of the landline.

Bundle Services – If you must have the landline, consider bundling your services. Most service providers give discounts for purchasing cable, internet and phone together. Take advantage of the lower prices.

Go the Library – If you are an avid reader or movie watcher, you should really think about getting a library card. Save all of the money that you would usually spend on movie rentals and purchasing books-library cards are usually free!

Limit Dining Out – If you and your family eat breakfast, lunch or dinner at a restaurant on a regular basis, you may want to make a goal to cut back. Save money by preparing your food on the weekends for the upcoming week instead of relying on swinging by the local pizza place.

Switch to Generic – You don’t have to switch everything to generic brands, but make a conscious effort to use more generic products. This can include prescriptions, food, toiletries, cleaning products and more. You will learn over time which ones you can splurge on and which ones will save you a few bucks.

Line Dry Your Clothes – This may seem old school, but it will not only keep your clothes in better condition longer, but you will save money on energy costs from running the dryer.

Transportation – Walk, ride your bike or carpool. This will save you money on gas, as well as wear and tear of your vehicle. Bonus points if you regularly rotate your tires. Regularly rotating your tires gives them a longer lifespan.

Shop Second-Hand – Check out consignment stores, thrift shops, estate sales and other bargain hunting places for unique items and better deals.

Use the 48 Hour Rule – If you love to shop for things like clothes, shoes, sporting equipment, movie tickets and other frivolous purchases, adopt the 48 hour rule. If you find something that you really want to buy, don’t purchase it until 48 hours later. If you still want it after 2 days, it isn’t an impulse purchase anymore.

Shop Online – Online shopping can sometimes save you a lot of money. Often times there are free shipping codes and special online sales to take advantage of. Online shopping is also great for comparing prices on items without having to leave your house. Find the best deal instead of guessing.

These are just a few small things that you can do to help you save money. If it seems like a lot, choose just a few or take on the challenge and start following all of these guidelines. Either way, you will begin to save money without much effort.

Photo Courtesy of StockMonkeys.com/Flickr