Let’s save some money! Here are 104 ways to save money.
Why save money? Well, so you can afford your future. So you won’t have to rely on credit to get you by. So you can do some fun things. There are lots of reasons to do it.
Why 104? Because it’s double my other list, 52 Ways to Make Extra Money and I like a challenge. Okay, let’s get started with the savings…
104 Ways to Save Money
1. Get a Piggy Bank – Put up a piggy bank at your home. This creates a visual reminder to capture those little handfuls of change you come home with. At the end of the year, you’ll have a nice little savings fund for a fun purchase, or even to fund a real savings account. Start saving quickly with your own Internet savings account from Aurora Bank.
2. Use Open Source Software – Utilize free, open-source software like OpenOffice (like MS Office) and Firefox Internet browser.
3. Get Cash Back for Your Online Purchases – Use a website like Ebates.com to shop online. They will give you a percentage back on the money you spend online at hundreds of popular stores. Combine that with one of the best cash back credit cards and you’ll really be saving money.
4. Use CFL Bulbs – Compact florescent lamps (CFLs) cost more on the front-end, but they will save you money and energy in the long-run.
5. Combine Coupons with Local Sales – Save up coupons and use them in conjunction with sales at local markets. You can end up with items either being free or at a greatly discounted price.
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6. Drive Your Car Until it Dies – No car payments or big cash outlays. Lower car insurance. Plus, you get the satisfaction of knowing you used this depreciating asset to it’s fullest potential.
7. DIY Greeting Cards – Design and print your own greeting cards. You can design and print a greeting card for around .50/card, which is a good price compared to $3.99 cards.
8. Use Cash for Better Negotiations – Larger ticket items definitely benefit from you waving around cash. You’re able to negotiate great deals when they see you’re a serious buyer. My wife was able to knock $200 of her recent road bike purchase by showing the money and asking.
9. Consider the Reviews – Do your research before you buy an expensive item (or even a not so expensive item). Check reviews on Amazon (i.e. Amazon Kindle Reviews), look up reviews online, check a few forums, look up prices at different stores…you can easily save money and you might even find out the item you thought you wanted isn’t so great. – Free From Broke
10. Reuse Work Clothes – Reuse clothes that did not get dirty during the day, this cuts my laundry down, water, and electric bill.
11. Consider a Movie Subscription Service – If you currently spend a lot of money on entertainment at the theater or at the movie rental store from month to month, consider saving time, gas, and money by subscribing to an online movie service like Netflix.
12. Clip Coupons – Find the best coupons in the Sunday paper every week for grocery and other household items.
13. Monthly Spending Review – Write down all the expenses you make in a month. Review the list and try to eliminate the unnecessary expenditures. Consider using a budgeting tool like You Need a Budget to take your review efforts to a new level.
14. Avoid Financing at All Costs – Delaying instant gratification by saving for purchases before buying will hone patience and aid in bringing wealth and piece of mind to all who are exercised thereby. This element of self-discipline may be one of the oldest, simplest, and most base elements of financial success… but regrettably, it has also become a lost art in our common culture. Avoid financing and save for things before you buy them. Period. – Debt Free Adventure
15. No Restaurant Challenge – Take a week out of the month, or better yet, a month out of the year and commit to dining inside your home only. No dining out. See how much you can save by following this.
16. Do Free Activities – This is one of my favorite ways to save money. Find free stuff to do. For example on Sunday mornings go to a big book store and read books in the store without having to pay for them.
17. Keep Larger Bills – Never break down your large bills. You’ll be less likely to spend it. Smaller bills get spent quicker.
18. No Second Thoughts – Only buy things that you really need. Avoid buying things that you have second thoughts about or aren’t sure you’ll need.
19. Dine Out for Special Occasions Only – Only dine out for special occasions. You could get a week’s worth of food at the grocery store for the same amount that you pay for a single dinner out for one person. When you do dine out, use a coupon from Restaurant.com.
20. Consider Quality – Buy things of high quality even if it costs a bit more up front. Look back at all of the things you skimped on over the years and ended up having to replace earlier than you expected. Suddenly that big sale or off-brand item doesn’t seem like such a good idea. This doesn’t mean everything that is more expensive is better, but use your smarts and know when to spend to find the best bang for your buck instead of looking for the absolute lowest price on something. “You get what you pay for” still holds true for many things. – Generation X Finance