1. Identify and cut those expenses that are “leaky holes”,
things like magazine or movie subscriptions or even the health club if you
don’t use it.
2. Don’t dine or snack out. Bag your lunch and if you must
snack, pack drinks and munchies in your bag or car.
3. Avoid large impulse purchases. Anything that costs over $100
should be put off for 1-2 weeks to determine if you REALLY need it.
4. Don’t upgrade anything electronic to the latest and greatest
unless it’s necessary.
5. Spend less on gifts at the stores and more time making
cards, writing poems or songs and expressing your feelings without spending
money on your loved ones.
6. When you go to the grocery store or any store for that
matter, buy what’s on your list and then LEAVE.
7. Use the library instead of buying books online or for your
e-reader. Trade books with friends and family, too!
8. Buy used stuff, especially cars.
9. Drive less. Consolidate your trips. Drive slower to save
gas. Better yet, take a bike, a walk or just stay put.
10. Get re-interested in learning, in enjoying what you already
have and your family. Play games, be creative, keep up with friends, write in
your journal. The more time we spend not spending is money saved and a life
well-lived.
I love the idea behind this blog. In school, no one ever taught me about interest rate accrual or how to balance a checkbook, so those first several years after school I built up more than a little debt.
ReplyDeleteWe've been doing #7 and #10 more lately. Not only does it save money, but we have been enjoying the library outings and game nights. :)
All the best on your new blog!