Thursday, September 27, 2012

Strategies for Saving Money This Fall

With the chilly weather comes increased electric bills and future holiday spending.  However, there are several ways you can save money this season as outlined by the following tips:

• Cook at home and create a list of meals that you can prepare to prevent too many eating out splurges.  This could save you a lot if you eat out four or more times per week.

• Eliminate the old and bring in the new by having a clothes swap party.  Invite all of your friends and have them bring clothes that they no longer want.  This gives you a chance to get rid of unwanted clothing, while picking up a few new things without the extra expense!  You could also have a neighborhood flea market and find low cost items such as tools, sunglasses, wall paintings, while getting rid of some of your own.

• Replace your gym membership with outdoor walking, running or join a walking group.  Use exercise videos to replace your gym workouts and consider signing up for a walk-a-thon or marathon as a way to enjoy what is left of the sunny and brisk outdoor weather.

• Reduce transportation costs by riding a bike when you can.  Especially, if bike riding is a hobby of yours, take advantage of the good weather while it lasts.

• Reuse and recycle where you can.  Reuse plastic storage bags to save money on buying more or use plastic grocery bags for trash as opposed to buying a separate box.

• Reduce your cable bill by cancelling the more expensive channels and watching TV online instead.  You can find movies and even shows that have already aired on the internet for free. 

• Resolve to buy things only after you have given yourself at least 48 hours to think about it and decide if it’s something you really need.  Also, assess if you have room to store the item(s) prior to making any new purchases.

There are many ways to save money as the fall season approaches.  Whenever you have the impulse to purchase something that you could use from a recycled item or substitute cooking for eating out, write it down and replace the thought with a different strategy you could use to save money in that case.  The more you get into the habit of looking for ways to reduce costs, recycle more and eat at home more frequently, the more you will save this fall for any emergencies that may arise.

For more information on this topic, visit this link

No comments:

Post a Comment