Continuing on with our discussion of ways to save money, here are some more ideas:
Save on vehicle costs
To save on gas, oil, and wear and tear on your vehicle, plan your trips. Make each trip count double. For example, if you need to take your kids to sports practice and you also need a few groceries, stop at a store that’s on the route you take to practice. You just saved an extra trip to the store because you combined it with the trip to practice. Even if the store is a few blocks off your regular route, you have still saved money and time.
Save on clothing
When you are purchasing new clothes, do your best to avoid paying full price. Wait until the item goes on sale or, better yet, on clearance. The best deals in clothing stores are on the racks at the back of the store so head there first.
The way to save the most on clothing costs is, of course, to shop at second hand stores and garage sales. Even teenagers can be convinced to shop here if they realize that some folks hardly wear their clothes before they give them away. Some really great deals can be found in second hand stores and at garage sales. I’ve even seen designer clothes with the original price tag still on them for sale in second hand stores.
Some folks, though, have a hard time buying clothes in those venues. So here’s an alternative: Invite your friends and family to a clothing exchange party. Everyone brings clothes and accessories they no longer wear. Guests could also bring food and drink to share.
Make a fashion show out of it. At the end of the party, everyone has “new” clothes to take home without cost. Any leftover clothing could be donated to a charity. Extra bonus is having a fun time with your friends and family without spending any money.
For more saving ideas, check out this blog from April 2015: https://crystalfinancialplanneromaha.com/new-habits-save-money-give-other-benefits/
What actions do you take to save money?
Judith Ackland has more than 26 years of experience in accountancy and financial planning, including seventeen years as a CFO of a diverse business. She started Crystal Financial in 2010 to help a wide array of individuals, families, and business owners better understand their finances and how good financial management could help them achieve their goals. Judith has an MA in Professional Accountancy from the University of Nebraska at Lincoln as well as a Certified Public Accountant Certificate and a Certified Financial Planner designation.