Monday, October 13, 2008

Five Easy Budget Savers

The economy is in the tank and we are all struggling. I have been searching for as many cost savings tactics that I can successfully implement into my own household.

Today I share 5 easy cost-savings steps that you can put into effect in your own household to help get through these difficult times. I am always searching for more, so if you have any ideas, add them down in the comments section for others.

Dump the Dry-Cleaning

Until recently I was spending 40 - 50 dollars per week on dry-cleaning. I sent all of my work clothes out to be laundered. When the economic crunch hit, this was one of the first things I cut back on. Now, I am laundering all my work clothes at home. I have started ironing while I watch television and it isn't so bad. One of my biggest worries when I started doing my own laundry was wrinkles, I love heavy starch in my shirts and can't stand wrinkles. A friend told me about a great product, Downy Wrinkle Releaser, it really works and gives the clothes a nice fresh smell as well.

Weekly Savings $40

Yearly Savings: $2,080


Save Your Change

For years I have saved change. I don't ever spend it under any circumstance, I only spend bills. At the end of the day I have a large jar I put the change in. I average at least $1.00 per day in change. During the Spring I emptied the jar because it was full, imagine my surprise when I had $1,368.49 in change saved!


Weekly Savings $7
Yearly Savings $365


Internet Coupons

We all know about coupons in the newspaper, but in today's culture one of the most important marketing tools any company has is their website. Before I go to the grocery I make my shopping list and then check out websites. Product websites often feature coupons that you won't find anywhere else, check it out, on my last visit to the grocery I had $12 in Internet coupons, I am a single person household so I don't buy as frequently as most, you can do much better than $12.


Weekly Savings $12

Yearly Savings $624

Hang It

As a child I loved the smell of sheets that had been hung out to dry on the line. I have reinstated the clothes line tradition in my own backyard. I am fortunate this time of year it is still warm in south Florida, so I can hang year round, but whenever available I highly recommend it, a clothesline is a great cost cutter and it is good for the environment as well! As in the last hint, remember I am a single person household so my cost may be lower than yours, I usually do 5 loads of laundry per week total, I know people who do that many per day, but if you save just 50 cents per load, that comes to $2.50 per week.





Weekly Savings $2.50

Yearly Savings $130


Brown Bag It

One of the best cost savings tools you can do on a day to day basis is brown bag your lunch. I have started cooking roast and turkey breast that can be extended through the week, this helps keep lunch interesting and tasty. I can't brown bag it every day, but I am doing 4 days per week, I usually spend 8 - 12 dollars per day on lunch. Over 4 days at just $8 that is $32 per week, brown bag it and eat in a nearby park, you get some exercise walking to the park and save money in the process!



Weekly Savings $32

Yearly Savings (Based on 50 Weeks) $1600

Those are some easy cost cutting tools that have a big pay-off. Any idea how much we just saved with those 5 easy tips?

$4,799!!!

And that is how you live on a budget and reap the rewards, Home Made Easy!