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ideas on saving money

does anyone have any ideas/tips on saving money? we aren't struggling or anything, but i would still like to save a lot more than we do....thanks!

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britthoch2010

Asked by britthoch2010 at 5:02 PM on Nov. 30, 2010 in Money & Work

Level 6 (147 Credits)
Answers (6)
  • Here is what we did... I printed out our bank statements and we went through and highlighted everything that was "wasteful spending." Just by doing that we noticed that we were spending most of our money on fast food, dvds and other useless crap! So we decided to make an excel spreadsheet and make our monthly budget plan. We made sure to include a savings column as well as a misc/emerg. and even allowances for ourselves. It sounds silly but when you make a point to pay yourself, and set money aside as if you were paying bills, you end up having a little fun money while paying all your bills and on time! We just started doing this for the 1st of November and we know it will take awhile to get a good savings but so far it is working great for us! No late fees for bills this month!! Start clipping coupons and looking for good deals!! I hope this helps :)
    TsMommy428

    Answer by TsMommy428 at 5:05 PM on Nov. 30, 2010

  • You can try things like hanging up your clothes on a drying rack instead of drying them in the dryer. You can get engery efficent light bulbs, don't go out to eat as much, make a list for when you are in town and that way you don't have to drive multiple times, it's winter now but you can start palnning for a garden if space allows that saves a lot on the food budget. Look at your wants and needs list and only get the needs. Try not to go to the movies you can rent from Netflix or off of the Pay per view alot cheaper. Look at your cable cell phone plans and see if things can be trimmed. Look at all your monthy expenses. See if you can change your car insurance to something more reasonable.
    Moms_Angels1960

    Answer by Moms_Angels1960 at 5:11 PM on Nov. 30, 2010

  • I make homemade laundry detergent, one batch lasts SIX MONTHS and costs about $3.25! I make my own cleaners, hang laundry inside thelaundry room and only do towels and sheets for 5-10 minutes, cook meals from scratch, unplug appliances, computers, tv's and such when not in use, use balance billing with my gas bill, I re-use water when running the faucets trying to get hot water (i use it for watering plants boiling pasta or rice, etc, etc. Buy gifts, clothes and household items used on ebay, thrift stores, craigslist & yard sales.

    Feel free to join the cafemom group Frugalistas, we are a great bunch of ladies who post LOTS of ways to be frugal
    Mom2Jack04

    Answer by Mom2Jack04 at 5:32 PM on Nov. 30, 2010

  • Go back to t he old fashioned way. Take 10% of your income and bank it and pretend that it does not exist. In addition I tithe to my church which has some spiritual connections to saving.
    GailTravel

    Answer by GailTravel at 7:16 PM on Nov. 30, 2010

  • All GOOD ideas. Also, cancel extra comcast expenses. It's a killer!
    jeanclaudia

    Answer by jeanclaudia at 11:12 PM on Nov. 30, 2010

  • Make sure you have a budget so you know everything expense you have versus how much income is coming in. Cut out any extra expensive. Cut coupons. Don't buy anything you don't need and take advantage of sales when you do buy. Buy generic when you can, but never buy paper products generic. They are inferior quality and you'll just end up using more. Weather proof your house. There are lots more, but that's all I can think of at the moment.
    HotMama330

    Answer by HotMama330 at 5:53 PM on Dec. 1, 2010

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