Sometimes, we just need to pull our belts in immediately.
We might get a big unexpected bill, or Christmas is coming up and there isn’t much surplus cash, a member of your family could have been ill — there are a number of reasons. SAHM compiled a few awesome but highly doable tips on how to save money today, right now!
1. Think Before You Bin!
Don’t throw out your old egg cartons, milk containers, or plastic cups etc. Save them for a rainy day and they can be used for craft activities for the kids. Craft items can be really expensive to buy and often, items at home are just as good. A simple google search of kids’ craft activities and your recycled items could provide hours of completely free fun.
2. Put Off a Haircut and Colour for a Week
If you put off a haircut for a week or two (if you can) every time, you can save the cost of up to two haircuts and colours a year. That’s a saving of up to $300!
3. Extend Your Food Shopping by ONE Day
Very similar to the haircut suggestion. If you put off your food shopping by a single day every week, after seven weeks, you will have the equivalent of a week’s shop in surplus in your account. This would be perfect to use for something special for Christmas or even better, add it to your mortgage! For example, if you shop weekly and say you went on a Monday this week, stretch it out 8 days until Tuesday next week, then Wednesday the week after etc. Use whatever you have left in the fridge and pantry to make your meals, get the kids to use toilet paper if you’ve run out of tissues and bulk up the dig’s dinner with the last of the getting-stale bread instead of dashing out to buy biscuits.
4. Have a Progressive Dinner
Got a special birthday or occasion coming up? Rather than going out to an expensive restaurant, why not have a progressive dinner! It’s great fun to do and can save a fortune. If you all wanted to have a drink or two, make sure the local Maxi Taxi knows about what’s going on, or better yet, plan your progressive dinner with friends who live within walking distance or ask a couple of partners to be designated drivers as a gift to you. So if you have a friend that makes wonderful entrees, have entrees at their house and make sure to leave desserts for the one who loves to bake.
5. Start a Money Box
Either wash out a two-litre bottle or invest in a cheap money box (the $2 stores quite often have them) and start putting all your extra change or even your gold coins in the money box EVERY TIME. Decide beforehand what the money is to be spent on and write it on the bottle or tin for inspiration. You would be surprised how quickly it adds up! Two litres of Coke bottles make for a great money box and if you only add $2 coins, it can hold a whopping $5,000 worth!
6. Clean Out Your Junk
Get a few neighbours together and have a garage sale at the same time. It saves on costs plus you have more hands to help, and a larger selection to choose from for your customers. Remember that someone’s trash is another person’s treasure!
7. Plan Your Travel
Try and get all your errands done in the car on the one day or even the one trip, if you can. If you’re in and out all the time, not only are there petrol costs, but wear and tear on your vehicle.
8. Use Less
Use a third less dish washing powder, washing up liquid, washing powder, shampoo, toothpaste, whatever, just use less. Quite often, you get just as good a result! Another great tip is to tip your empty shampoo and conditioner bottles upside down, you would be surprised how many washes you can get out of an empty bottle!
9. Use Generic Brands
Rice is rice, sugar is sugar, does it matter that it doesn’t have a brand name? Generic brands are quite often up to 40% cheaper than their overpriced counterparts. Find a generic brand that you know and trust and stick to it! The savings are substantial!
10. Stock up on Staples
Having a well stocked pantry means you never go hungry! If the supermarket is having a sale on an item that you use regularly, that will last and that you have the room for – stock up! Items like tinned tomatoes are a perfect example! Please check out our free downloadable Staples List.