Whatever your financial goals are, every little way you use to save money can help. Even the smallest savings add up over a few months or years, which is why putting the following ideas into practice will make your bank account thank you.
Unplug Your Electric Devices
Even if you are diligent about turning off electronic items when you’re not using them, you’re missing out on savings if you leave them plugged in. Plug electronics like video game consoles and televisions into power strips, and unplug the power strips before you go to bed each night. The impact it makes on your power bill might surprise you, since a lot of these devices still use energy to keep the power light on, and go into a “hibernation” mode instead being entirely turned off.
Perform Routine Maintenance on Your Car
Keeping your tires properly inflated and driving gently helps increase your gas mileage. Also, make sure you check the owner’s manual for guidance on how often to get the oil changed. Many newer cars, post 2003 do not require an oil change every 3,000 miles; they can go for 5,000 between changes without any problem.
Keep an Eye Out for Reward Programs
It seems like every store has a rewards program. The constant stream of emails and promotional offers can get old, but they come in handy when you need to buy something. Know how each rewards program works and plan your shopping around special offers. To stay organized by creating a separate email address just for promotional material.
Stick to Your Grocery List (and Don’t Shop Hungry)
Another little step on your way to big savings is the good old shopping list trick. Make a list before you go into any store, and do not buy anything that is not on the list, no matter how tempting it is. Try writing the list around what the deals that you find in a store’s ads so you do not miss out on the best bargains.
Have Potlucks Instead Of Dining Out
Going out for dinner, drinks, and a movie with friends can make you wince when you look at what is left in your bank account the following day. Instead, invite your friends over to your place. You can cook the main dish, and your friends can supply things like side dishes, drinks and entertainment. Everyone will save money, and you will still have a great time.
Purchase a Fuel-Efficient Car
If you have an old gas-guzzling beast of a vehicle that requires constant repair, the time is probably right to find a replacement. Research fuel-efficient, reliable vehicles that meet the needs of your family, and then scope out prices. The savings on maintenance and repair will show up in a big way within a couple of years.
To get the best deal on your new car, download the True Car app. It lets you see what other people are paying for the car you want, and certified True Car dealers will work with you to get you the best price. You can score a sweet new ride at thousands of dollars below MSRP
Drink More Water Before Meals (To Help Eat Less)
Especially if you have a big family, the monthly food bill can get out of control. Drinking a glass of water before every meal will make you eat less. Save more money by bottling your own filtered water, the upfront costs of a water filter will pay for it-self over time, over buying retail bottled water.
Switching to LED Bulbs
LED bulbs do cost a bit more than your traditional incandescent light bulbs, however they only use about 20% as much energy. When you switch your whole house from incandescent to LED bulbs, they’ll quickly pay for themselves and you’ll save a good amount of money on your monthly electricity bills. And you won’t need to replace them nearly as often, since they last up to 50 times longer than traditional light bulbs.
Keep Better Notes of Your Priorities
Forgot to pick up the mail at the post office and now have to drive all the way back there? Oops! Keeping a to-do list either on your phone or on paper helps you make more efficient use of your time and your resources. It can save you money on fuel, and it can remind you to stop at the store and take advantage of that 24-hour sale before prices go back up.
Some of the above suggestions will give you minimal savings, but in the long run, you will appreciate all the dollars and cents they add up to keep in your pocket.