15 Ways You Can Save Money (Part I)

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Money is one of the things that can bring a lot of stress, particularly when there’s a shortage of it, or if there are expenses looming ahead. You might suddenly need money for a medical emergency, or to buy a gift for an anniversary or birthday you forgot about. Short of using your credit cards or taking a loan from the bank, there are a number of ways you can save money to help you better prepare for the future, or for emergency expenses. Here’s a handy dandy list of the things you can do to save money every day.

MoneyHero_Blog_Surprising Ways to Save Money

Food and Drink

1. “Rummage and Cook” using the items you find in your pantry and fridge. Look through Google and refer various recipe apps and websites to find a recipe that uses the ingredients you find. This helps you save money since you won’t have to order food delivery or eat out. It also helps you consume everything in your pantry before they expire.

2. If you should opt for takeout, eat out instead of having food delivered to your home. This lessens the cost by removing the delivery fee (as well as the tip!) from the total food cost. Try walking to a nearby restaurant instead of taking the car or the transit to go to a fancy restaurant across town to save even more.

3. Happy hour is the best hour to save money when drinking! If you’re on an even tighter budget, try looking for dive bars in your area for cheap drinks but great company.

Entertainment

4. Swap DVDs, books, designer items, and even music CDs with friends and family. Join communities where swapping, lending, or even trading of these items are encouraged. You’ll save money from buying them yourself, and you’ll get great recommendations and make new friends in the process.

5. Stop magazine and newspaper subscriptions that you don’t read anymore. They not only take up space on your coffee table, but they also cost money that you could save instead.

6. Watching movies, theatre productions, and musicals as a large group on weekdays can also help save you money. Weekday shows usually cost less, and coming in as a group can give you a large discount as well.

Around the House

7. Unplug everything before you leave the house! When you’re no longer using the TV, your phone charger, or the computer, unplug these items so you don’t incur phantom electricity charges that will fatten up your electricity bill every month.

8. Don’t let the faucet running when washing dishes! Spray the dirty dishes with a bit of water first before scrubbing them down, and only turn the water again when you’re going to rinse. This saves you a lot of money on your water bill, plus you’re helping save the environment by saving water as well!

9. Clean up your closet! Organise your clothes and sell the pieces you don’t wear anymore. You’ll be saving closet space as well as earning money!

There will be the part II of 15 Surprising Ways You Can Save Money next Wednesday. Don’t miss it if you want to learn more about saving your money!