It really isn’t all that hard to figure out how to save money around the house. Small changes here and there (with just a few large changes) can add up to real savings. Save some cash in the bank by fitting in these easy money-saving ways.
Do It Yourself
Paying others to do jobs around the house constitutes a large chunk of the money spent in renovating your home. Doing these jobs yourself, from minor repairs to installing windows is a great way of saving money. There are some jobs that might require some skill, but you can save a considerable amount of money. For the budding do-it-yourself enthusiast, the Internet is a fantastic place to find a lot of resources. You could also get some books from the library. If the project is going to be complicated, then attend a workshop at a home improvement store or at a local education center. The cost of attending the workshop is small and adds to the savings in the long run.
Learn how to change your heater and air-conditioner filters. Clean out the gutters in the spring. Replace shower heads and faucets. Change the air and oil filters in your car regularly.
Repair – Don’t Replace
The tendency for most people is to throw away things that break. But instead of immediately throwing out the broken item, try practicing frugal living by attempting to repair the item. For instance, a small sewing kit can be used to repair lost button on clothing, torn knees and ripped hems. A few nails and some wood glue can take care of a broken chair leg. If the item that is broken is something that you yourself cannot repair, find out if your neighbor or a friend has the necessary skills to fix it.
Repay the labor with another service that you can do
For example, you can offer to do several hours of babysitting in exchange for fixing your car by a mechanically-inclined friend. It’s a win-win for both of you.
Figure out what you can do without
You can, of course, simply try to live without something that costs too much money. The idea may seem a little odd at first, but you will find that there are many items you think are “necessary” but later on find that you can live without it.
Combine the ride
Your car is usually the second most expensive item aside from the house. Some families have found that sharing car rides with a neighbor is a great way to save money, and there is less maintenance to keep up with.
Move to a smaller home
Just because you can afford it, does not mean you have to spend all your money on a large house. This doesn’t mean frugal living equals living in a small closet, just that a larger house may not be necessary. If you’re renting, take into account the cost of insurance and maintenance when buying your first home. Make sure it’s a sound investment first, and whether you’ll be able to continue saving money even after the bills are paid.
Dine out less, eat at home more
You have probably heard of this one before, but maybe you don’t realize how expensive it really is to eat out all the time. Think about it, the average salad (even at a fast food restaurant) costs about $5, but the average bag of salad at the grocery store is $2.50. Grow your own? Now we’re talking pennies. So really consider this one carefully. A simple home-cooked meal is easy and way cheaper.
Go ahead, change the way you think about living a more frugal lifestyle. Then let the savings begin!