3 Ways to Save Money Starting Immediately

Ways to save money

Ways to save money seems like something everyone is looking for, and while it seems the economy has started to take a bit of a turn around. Have you noticed gas prices lately? It still doesn’t make sense that people would stop wanting to save money. If your house is like mine any penny you can save is cause for celebration. So it would make sense that finding ways to save a dollar is on everyone’s mind. Here are 3 ways you can start saving today.

Forget the Coupons

Every conversation you hear about saving money will undoubtedly touch on coupon clipping. It seems that the coupon craze has been slowing down a bit. And it has been said that people aren’t using coupons like they have in the past. That does not mean that we aren’t out there hunting for deals though!

So if we aren’t clipping coupons as much as before what ARE we doing to save money? Having spent my fair share of time trying to learn how to “Extreme Coupon” like the people I see on TLC, I found other ways to save money around the house. Here are the top 5 ways we have cut our spending.

Sell the Car – The most unpopular ways to save money

I work from home; I don’t commute to a job everyday. The truck that I had drooled over for years and frankly LOVED often sat unused in the garage. Just because it is expected for us to have two vehicles because we have a two-car garage is not a good enough reason to continue to throw money down the drain.

We have been without a second vehicle for about 7 months now. While my husband and I do have to communicate more about doctor’s appointments and other errands, I rarely miss having a second vehicle. In fact I quite like the extra storage space in the garage.

SAVINGS:

Around $500.00 per year. While we got a multi-car discount, it wasn’t as cheap as eliminating the second vehicle all together. Taxes, tags, car washes and maintenance expenses added up quickly.

Do Things Yourself

From planting your own seeds instead of buying annuals, to making your own body butter, as moms we have tons of ways to save money. The bonus of making your own  luxury lotion is spending more time with our kids. The benefit of starting from scratch with seeds is that you also are able to get a bit of physical activity. Just because the world has everything ready made doesn’t mean that we have to buy it. Some times it makes more financial, and common sense to do things yourself.

Making your own cleaners is one of my favorite ‘from scratch’ activities. My absolute favorite is making my own laundry detergent. I had to try a few different recipes to get what worked for me. If you are able to let allow yourself to relax and enjoy the process, you will find the time you spend working out the kinks is time well spent.

SAVINGS:

Around $72.00 per year. That is on laundry detergent alone! Using store bought detergent you spend about .20 cents per load. By making your own detergent on average you spend about .02 cents per load. Your savings goes up with each item you choose to rethink and start from scratch.

Shop around to Save Money

We can save money by being more conscious of what we buy – and where we buy it. Simply buying items from a discount store doesn’t mean that you are going to save money. I have noticed that most time those stores round to the nearest dollar, while other places such as Wal-Mart are a few pennies cheaper.

Grocery G app is my favorite app to use to comparison shop. Your first go round in a store will take a bit longer (my first trip took about 30 minutes longer than average), but the pay off will be worth it.

Don’t laugh at pennies, they add up quickly. We save our pennies in a jar and then spend one evening rolling them. Once we have rolled the pennies we trade in the rolls at our local bank. Then the kids decide what we do. Maybe our pennies turn into pizza and a movie night. Maybe they turn into bowling night with the family. My kids will trip you trying to pick up a penny to put in our “Mystery Jar”

SAVINGS:

Around $66.00 per year. This is assuming you save .03 cents per item on average by comparing prices – and your shopping is similar to my families. On average our household buys about 85 items every two weeks. That number includes groceries and household items.

Forget the Joneses

Our emotions lead us in so many ways. Money is no different. When those around us up their game (or increase their debt) and start coming home in new cars, having swimming pools installed, and about 100 other things that you want but can’t afford – ignore it! The only person you need to keep up with is you!

Emotional spending is often the hardest to curtail. We spend money for so many reasons, and most of the time it isn’t because we have a need. Buying a new outfit makes us feel better, but it doesn’t cure whatever it is that was bothering us. Do yourself a favor before you spend $$ ask yourself why you need whatever it is you are planning to buy.

We all know that saving money is something we could probably do better. The bottom line is the best way to save is to fold your money in half, and put it back in your pocket. It is not always possible to do that, so try to look at saving money as a challenge.

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Born in Kentucky, I am a wife and mom to 1 son and 2 daughters . I have an ink pen obsession, as well as a love for all things planner. I have been married for 10 years to my high school crush. I am a member of the church of Jesus Christ of Latter Day Saints.

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7 thoughts on “3 Ways to Save Money Starting Immediately

  1. Hub has a work van that’s all paid off and just sits in the driveway because he works from home. We have my vehicle only that I use for work and when we do things together. I do clip coupons and use a rebate app, but not as extreme as those on that tv show. I just clip only what we need and keep an eye out for in-store ones so I can ‘stack’ them. We buy bulk meats at Restaurant Depot and other goods at Costco, which doesn’t leave much for me to need to have to go to the grocery store weekly.

    1. Sounds like you were already doing this 🙂 I actually do one BIG monthly shop and just go every other week for perishables. Fresh fruit, veggies etc.

  2. We are, luckily, a one real vehicle family. The Mister has a work truck, from the company, that with the way things work, he gets up and leaves the house with that vehicle, and then comes home in said vehicle. So our truck is actually our truck (and what I was driving to and from work when I was working) and while it does often sit for a few days without going anywhere, there is no need for a second vehicle (one for him and one for me). We do have a motorcycle, though, because boys like toys that can get them places! Luckily, motorcycle insurance is actually very cheap, as well as the actual motorcycle loan payments!
    I tried couponing early last year. I ended up buying more things than we normally would have, and more random things (things we would eat, sure, but not necessarily things we would have anyway). Yes it was saving money, but it was more work trying to find the coupons to match to sales than it was worth. Now, I try and buy things when they are on sale or when there are store coupons and stock up. That way we’ve only got things we normally would. And luckily our grocery store has sales on a 4-6 week repeat. Also, store brands. Much cheaper. When I was able to do our grocery shopping at WalMart (as we had a “neighborhood market” WalMart just down the street from our old aparment) I used their savings catcher app and saved quite a money doing that. But now it’s too far to go to WalMart, and any possible savings would be eaten by the gas money to get back and forth, so I no longer shop there.

  3. I do most of these things, except the car. I wish we could go down to one car, but I am the chauffeur for after school activities and my husband doesn’t work close enough to our house.
    We save our coins too. We take them to Coinstar to get gift cards in exchange for our coins. We use these gift cards to treat our family to restaurants, Amazon purchases, etc.
    I particularly agree with not keeping up with the Joneses. We prefer to spend our money on experiences and not on things. I have been teaching my daughters about not needing special items like Uggs and it seems to be getting through to them.

    1. I love that you are very aware of what will work for your family and what won’t. Being able to pinpoint what is not an option frees you to find out what is.

  4. I don’t comment very often but i love your website so here goes. I’m a single mom and have been for about 15 years. I’ve learned to do a lot of stuff by myself and its really paid off. From electricity, plumbing, leveling floors to fixing washing machines, I’ve done it all. My latest project is siding our garage (spent about $1000.00 on rental of tools and supplies, estimates started at $3500.00) .
    Don’t be afraid! At least watch a video to see how much you think you can do. You’d be surprised.
    The handyman at my Church was surprised the first time I asked how to fix my washer. He said he’d have to check his calendar to see when he could stop by. I asked basic questions asked on scale of 1-10 how hard it would be, he gave me easy run through. I went home fixed it myself. Next day he called with a time to come over. I said no need i fixed it. Now when i ask questions, he just does a run down on what it will take and lets me make a decision on whether I can handle it.
    My next project is my dining room, need new ceiling and flooring. Estimates started at $2500. I’m hoping to get it under $1000.00.
    By the way, I’m 55 years old and stand 5’5″ in case you thought i was an Amazon.

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