Today I am sharing 10 simple ways we save money.
This morning I was talking to my husband while he was packing his lunch. I asked him, “do you all pack your lunch and eat together?” He said “NO”. Telling me that everyone he works with goes out to lunch everyday. He is the only one who brings his lunch! This is when I decided to share 10 of my simple tips on how to save money.
First of all, I love to save money! Don’t worry these tips can work for you. Even if you don’t love saving, because they are really simple.
BRING YOUR LUNCH
If you bring your lunch you will save money. Now that I am a stay at home mom this still applies. I always pack everyone a lunch no matter where we go. You will save money on the actual food that you aren’t buying and you will save gas money too. When I use to work a 9 to 5 job I brought my lunch and it only took me 30 minutes to eat. We had a mandatory one hour lunch break, so for my other 30 minutes I either went for a walk or I would read a book. All my coworkers who bought there lunch spent that extra 30 minutes driving around trying to find something to eat. Do this simple calculation!
$amount of lunch
x days in week
x weeks in year
x years you have gone out
= amount you spend
This simple calculation showed me that we have saved about $22,000 per person in the last 11 years, by not going out to lunch on work days! That is a lot of money!
Making coffee at home saves so much money. The average coffee costs at least $3 or more dollars. For a fancy coffee it is more like $8 to $10! If you get a large bag of coffee it is relatively cheap and can usually make 100 or more cups of coffee. Plus coffee is so easy to make and you can take it on the road with you.
DON’T BUY WATER
Water is free (where we live) so why would you buy it? I never understood this, but for a long time I was convinced I needed to buy water! The water companies make you think you need their “clean” water. I will let you in on a secret I didn’t know about until recently. Most of the bottled water is the same water that comes out of our taps! All they do is run it through a filter (which you can do yourself) and they put it in a plastic bottle. P.S. the plastic bottles are not good for you either.
DON’T BUY DRINKS
If you really want to save money skip the soda and juice. We don’t need either of these drinks to survive and a lot of health sources say its really bad for you. I stopped drinking juice when I was a teenager. Consuming a ton of extra calories for no reason was not the best idea. I stopped drinking soda and my mysterious stomach problems completely went away. So I can save money and it will make me healthier? Yay!
NO SNACK PACKS
I choose to pack up our snacks myself. I understand a lot of people don’t have the time to do this, but if you do, you will save. Look at the cost of those individual packs of apple sauce and compare it to the cost of a jar. There is a huge difference! If you stop buying packaged food you will end up saving a lot of money over time.
We finally cut the cable! I was so afraid that I was going to miss my SHOWS! I kept thinking how will I know what is happening on HGTV? Well after 2 years of no cable it turns out we are fine! We have Netflix, the basic free news channels, and we have the internet. I still know everything that is going on and we are saving $60. a month. That is a grand savings of $1440 for doing nothing but cutting cable.
MAKE SIDE INCOME
I am not going to lie and say “it’s so easy to make extra money”, but for us it wasn’t that hard either. The first thing we did was tell everyone that we were looking to make some extra money. My husband told his boss and he has been offered quite a few weekend jobs. I cleaned my grandpa’s house! If you look you can usually find some way to make some extra money here and there. It all adds up!
You could start a YouTube channel! (this is something that can take a long time before you make money). I started a minimalist channel and after a year and a half of making videos I am finally starting to make a little money. So it takes time, but it is worth it because now I have a way to make extra money without having to rely on anyone else (besides YouTube LOL).
DIRECT DEPOSIT MONEY
Make sure you are saving this extra money. I have found it is easy to spend this extra money, so you want to make sure you are actually saving it! I opened a savings account and every month there is a direct deposit from my checking to my savings. Decide how much you can save each month and set up the deposit so you don’t accidentally spend your savings.
USE THINGS UP
Use the stuff you have before you buy more. For years I would buy shampoo and soap without completely using up what I already had. It is always fun to start with the new product, but I found I never went back to use up the old stuff. Eventually I would throw out the old stuff and that was a waste. So now I only buy a replacement after everything is completely used up.
YES TO CREDIT CARDS
I say YES to credit cards. This will only allow you to save if you are on a strict budget and YOU PAY OFF THE CREDIT CARD IN FULL EVERY MONTH. All of our monthly charges go on our credit card. We don’t use the card as credit. Only buy what you need and instead of using cash use the card and at the end of every month pay it off in full. This way the money in your bank makes interest and you get cash back at the end of the year from your credit card. I only suggest this system if you never buy anything you can’t afford.
I hope some of these tips help you to grow your savings account!