So many people think that saving money is hard, but it doesn’t have to be. There are so many little things that you can implement right now that will easily have you saving money.
We’re going to share five simple tips that will have you slashing hundreds – or even thousands of dollars off your expenses that won’t cause you pain.
#1. Check Flyers, Make a Grocery List and Use Coupons
Ok. I know you’ve probably heard this before, but this simple strategy works! Don’t pooh pooh it. Take the time to check flyers to see what’s on sale, make a list of the items you need before you get to the grocery store and check online for any coupons that may be available for those items.
First things first. Check your cupboards and make a list of the items you need. Next, check the local flyers to see if any of your items are on sale. I use a great app called reebee to look at the flyers for my area. It is available for both iPhone and androids.
Take a look at 7 Great Places For Canadians To Find Coupons where you will find sites that you can download all kinds of coupons for grocery items. Sometimes people get the urge to print all kinds of coupons that aren’t on their list, but make sure you print only the coupons you need–don’t buy extra items just because they’re on sale. Stick to your list. (That’s why it’s important to make your list first!)
Folks always say to me “But it takes so much time to do this.” But think about it. For every minute you spend making your list and checking for coupons online, you’ll save time while you’re actually in the store because you’ll be heading directly to items you need.
It’s been proven time and time again that a grocery list directly cuts down on impulse buys. You know what you need, so you aren’t tempted to purchase unnecessary things. Coupons allow you to become more deliberate and if you’ve checked your flyers you may get a double bonus of finding the item on sale and discounting it with a coupon!
#2. Get and Use Rewards Cards
Oh my gosh, I have saved thousands of dollars using my reward cards! This is so simple and takes no time at all. Make sure you are taking advantage of these programs.
Many grocery stores have their own program that let you accumulate points and then redeem them for groceries. Oftentimes their reward cards also allow you to accrue points at their gas stations so don’t overlook that.
Airmiles partners with many retail outlets, grocery stores as well as with travel and entertainment organizations. Accumulate your points and use them! I’ve used my Airmiles for hotel rooms, car rentals, household items and have gotten gift cards that I gave as presents.
I use my credit card (and make sure to pay it off monthly) which earns me flight miles. I’ve booked flights to Hawaii, all over the States and Italy. I have saved over ten thousand dollars in flights! Here’s the exciting part about this. I get double points lots of times because I pay with my credit card AND I also use the stores reward card! So simple and awesome for my pocket book!
There are so many retail stores that have their own reward programs. I use my reward program at my local pharmacy and get my expensive face moisturizer for free. I’ve also bought a Rebel Cannon Camera, bathroom scale, health items, other beauty products and lots of other things. Be sure to research the stores in your area so you don’t miss out on these great opportunities.
Here’s a handy tip: I gathered all my reward cards, punched a hole in the top left hand corner and put them all on separate key-chain. Now they’re not taking up space in my wallet and I can easily find them in my purse.
#3. Switch to LED Light Bulbs and Turn Off The Lights
LED bulbs have come down in price but are still more expensive up front, but the reduced energy use and much longer replacement cycle of LED bulbs make up the difference. Incandescent bulbs have an expected lifespan of 1.5 to 2.7 years, compared with 10 years for the new 60W-equivalent LED bulbs. What’s more, the estimated energy cost of using the 60-watt incandescent bulb is seven times higher compared to the LED bulb. So it’s definitely worth paying a little more upfront now so you can save money in the long run.
You are going to save money by simply turning off the lights in rooms you are not in. Where I live, electric costs are huge and this one little thing saves me a bunch of money each month.
#4. Get Pumped
You can improve your gas mileage by up to 3% by keeping your tires inflated to the proper pressure. And properly inflated tires are safer and last longer.
Your car is designed to run with your tires inflated to the recommended pressure in your car’s manual. But over time, your tires lose air which gradually deflates them. As your tires deflate, they create more contact with the road, which means that it requires more force to move your car forward. In other words, having deflated tires causes you to burn more gas. And with the cost of gas these days, this can be costing you lots of money.
All you need to do is get a simple tire gauge – you can find inexpensive ones at your local hardware store – and keep it in your glove compartment. Check your car’s owner manual to figure out the recommended maximum pressure. When you’re at a gas station with free air, drive on over to the air pump and measure the air in your tires using the tire gauge. If a tire has lower than the maximum amount, fill it up to the maximum.
#5: Create an Exchange Group for Your Kids Clothes
Here’s the understatement of the year – kids grow out of stuff fast! But here is a way you can keep growing children from shrinking your bank account.
Create a group where you trade the clothes that your kids have grown out of. There are lots of moms and dads out there that have the same problem as you. Why not get a circle of friends together and each month you can meet as a group, bringing the clothes you want to trade. It’s such a simple thing to do that can save you thousands of dollars.
So there you have it. Five simple and easy things you can implement right away to start saving money. We’d love to hear your success stories. Leave a comment below and tell us about them.