Creative ways to save money in your household will help jump start staying on budget. If you are one that has always been on a budget, finding new ways to save money is refreshing and also helps encourage you to keep staying on track.
If you don’t have a budget, I HIGHLY encourage you to start a budget. A simple budget to start out with will be eye opening and will show you where you are investing you money. I bet you will be surprised how much money is being spent on things that really don’t matter.
Make a goal this year to try one or two strategies to save money. I can almost guarantee that if you try it, you will enjoy the challenge and will start looking for other ways to save money.
Here are a few suggestions for being creative in saving money.
- Do your own manicures. By a kit at the beauty supply store and start doing your own at home. This is a $30 savings every 4-6 weeks if you do this on a consistent basis. That is $270 savings a year.
- Shop Craigslist, consignment sales, yard sales and Ebay first for children’s clothes and like new toys. Kids grow out of their clothes so fast and the toy get passed on so fast that why not buy them gently used from a second hand option. Based on your spending habits, this could be a HUGE savings on your budget.
- Borrow items from a friend. Do you need special outfit that you will only wear once? Find a friend that is your same size and see if they have an outfit that would fit for the occasion. Special outfits could be priced as high as $150 or more if you go to the department store to purchase.
- Tools. Have a special project around the house that needs a tool that you don’t have. Think before you run to Home Depot. Do you have a friend that you borrow the tool from? Don’t feel like you need to stock up your tools especially if you are like us and it will not be used but maybe once in a blue moon.
- Kids Eat Free Nights. Eating out is VERY expensive. Eating out for your budget needs to become a treat and not a normal occurrence but even as a treat, find places that does Kids Eat FREE to frequent. Usually if they have a kids eat free menu, it is also a place that kids enjoy eating. Win Win, kids are happy and budget is happy.
- Avoid the high price coffee shops. Brew your own coffee or try McDonald’s coffee. It is just $1 and I think it is excellent. Medium coffee with 3 creams….. that is my regular thanks to my friend Cindy on getting hooked on it.
This is just a few suggestions that I challenge myself with and it helps keep my budget in line.
Start out with a budget and be responsible on managing your money and resources. Who knows you might find that you have money that could help others in need that you didn’t even know you had.