The Earn that Buck community is full of money-making tips. And that’s cool, but to be truly financially independent, you also need to know how to save money. I don’t know about you, but it seems like it’s becoming harder and harder to save money these days, what with all the monthly expenses that can’t be put off.
I decided to write this post, which will compile some of my top tips for saving money at home. Some of these tips may be pretty basic, but they work. And, hey, some of us could use some reminding. Here are my top methods for saving money at home:
Buy Groceries in Bulk
When you buy in bulk, the cost might be greater initially, but you’ll save money in the long run. And when you look at home much you end up paying per unit, it’s way cheaper than if you had bought those items individually.
Unplug Appliances When in Use
I read somewhere that appliances continue to draw energy even when they’re switched off, as long as they’re still plugged in. And that’s why I’ve decided to always unplug appliances that I don’t always need to use, such as my TV, microwave oven, air conditioner, and phone chargers. I still keep the fridge plugged in for obvious reasons! In addition to the savings, I like the fact that I’m not freaking out about a random appliances short-circuiting my home.
Plant Your Own Herbs and (if possible) Veggies
Okay, growing your own food is a definite way to save a good amount of money. But not everyone has the space to do that. Don’t worry, you don’t need a lot of space to grow certain veggies and herbs. I live in a small studio apartment and I have some basil, mint, and random herbs by windowsill. People call this “urban gardening” or “urban farming” and it’s a great way to save some money. Granted, my own savings aren’t that great, since I only grow small plants. But hey, every bit of savings counts, right?
Keep Tabs on When Local Stores Go on Sale
The best time to do your major shopping, of course, is when the shops and groceries go on sale. I noticed that while shops don’t announce incoming sales until a week or so in advance, you can “predict” when these sales will happen based on past sales. My local mall usually holds sales during paydays every other month. That’s when I try to buy major items like furniture and appliances.
I decided to write this post, which will compile some of my top tips for saving money at home. Some of these tips may be pretty basic, but they work. And, hey, some of us could use some reminding. Here are my top methods for saving money at home:
Buy Groceries in Bulk
When you buy in bulk, the cost might be greater initially, but you’ll save money in the long run. And when you look at home much you end up paying per unit, it’s way cheaper than if you had bought those items individually.
Unplug Appliances When in Use
I read somewhere that appliances continue to draw energy even when they’re switched off, as long as they’re still plugged in. And that’s why I’ve decided to always unplug appliances that I don’t always need to use, such as my TV, microwave oven, air conditioner, and phone chargers. I still keep the fridge plugged in for obvious reasons! In addition to the savings, I like the fact that I’m not freaking out about a random appliances short-circuiting my home.
Plant Your Own Herbs and (if possible) Veggies
Okay, growing your own food is a definite way to save a good amount of money. But not everyone has the space to do that. Don’t worry, you don’t need a lot of space to grow certain veggies and herbs. I live in a small studio apartment and I have some basil, mint, and random herbs by windowsill. People call this “urban gardening” or “urban farming” and it’s a great way to save some money. Granted, my own savings aren’t that great, since I only grow small plants. But hey, every bit of savings counts, right?
Keep Tabs on When Local Stores Go on Sale
The best time to do your major shopping, of course, is when the shops and groceries go on sale. I noticed that while shops don’t announce incoming sales until a week or so in advance, you can “predict” when these sales will happen based on past sales. My local mall usually holds sales during paydays every other month. That’s when I try to buy major items like furniture and appliances.