Ways to save money this year is easier than you think.
It really doesn’t matter if you are at the starting gate of saving for retirement, or close to the finish line, we all need to be prepared. No matter where you are in life or what your circumstance is, no one needs to be just throwing money away.
Here are some great and super simple tips anyone can do to help save this year.
- Install LED Lights where you can: LED is the way to go. They cost a little more upfront but last for years without having to replace them. Slowly change as the old ones burn out. The savings will be big, plus the headache of changing a burned-out light will be gone for at least 5 years.
- Make a grocery list before shopping: Don’t count on your memory and for heaven sake’s don’t shop hungry. I am personally guilty of this. I need everything when I am hungry. With a list, you will stick to what you really need rather than dumping unneeded items in your cart.
- Buy in bulk when you can: I say when you can because be smart about purchasing in bulk. If your kids have moved out and it’s just one or two of you, usually it only makes sense to buy nonperishables in large quantities. You will end up tossing your savings out in spoiled or expired items before you can use them. If you are sure you can use it in a large quantity, you will be rewarded with big savings.
- Starbucks and Dutch Brothers gotta go: We all love our coffee, but come on. Have you ever actually added up what you are spending? At at least $5 a pop, say three times a week, plus tip. You are looking at close to $100 a month on coffee. I can think of a dozen better places for that money. Try making your favorite drink at home for a fraction of the price.
- Try Grilling instead of the oven: Especially here in Arizona, that oven costs us buy gobbling up the cool air. If you have a grill or smoker, use it.
- Quit smoking: If you are still a smoker, you are literally burning money every time that cigarette is lit. Most insurance companies offer free help and aids for those trying to quit. Take advantage of it and save big.
- Never pay full price to eat out: With constant deals and happy hours, why pay full price out to eat..EVER?
Related: More saving tips