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My Top Tips To Save Money Quick
You try to save money. You try to follow a budget. I understand! Thankfully I have discovered 5 creative ways to save money, quickly!
In this quick article, you’ll discover:
- 5 ways to cut back on spending
- Alternate places to purchase expensive items for cheap!
- Multiple sources for additional ways to save money
Before diving in, we just wanted to give a shout out to all of our new visitors!
Now, while you’re here, be sure to download your FREE workbook to help you learn to budget, make goals, and stay motivated throughout your financial journey!!
1. Children’s Clothes
If you have a child or grandchild, then you know that they grow fast. Not just that, but kids are expensive altogether. So, why not save significant cash on one of their most expensive items?
You can find children’s clothes almost anywhere. I’ve listed a few alternate ways to buy clothes and save some serious cash!
- Request hand-me-downs from your siblings, coworkers, friends, neighbors, or other family.
- Go to garage sales! All it takes is one deep washing to make the clothes like-new!
- Inexpensive online stores can offer great options for cheap prices.
- Discount stores such as Goodwill or TJMaxx
Ready to start your financial journey? Check out my favorite app to easily track your spending, and save money while you’re at it!
2. Cars
Have you ever listened to Dave Ramsey? One of his popular pieces of advice include only buying cars that are used, and there is a good reason for it!
You’ve heard it before, and you’ll hear it again: Cars depreciate significantly the moment you drive it off the lot.
Sure, it may be nice to have the status of owning a new car, but if you are drowning in debt already, why try to look rich?
The next time you go shopping for a car, be sure to look into used vehicles. Even if you’re financially free, the amount of money you can save on a slightly used car is ridiculous!
3. Books and Textbooks
One of my favorite ways to save cash on everyday purchases is to never buy books at full price!
Sounds simple enough, but let’s just go through a quick example:
Let’s say you’re interested in starting your financial journey and want good advice from popular financial books. If you go to a bookstore to buy one new book every month, you would spend approximately $250 in the year.
If you go through an online store like Amazon, and spend half the price per book, you’d spend approximately $120 on those new books.
If you buy your books used, you could spend about $60 on a year’s worth of books. That’s a huge savings compared to going to a bookstore and buying full price!
If you like to read but still want to save money, there are other options like ebooks or audiobooks that are a great alternative!
Or, the best way is to rent from a library. It’s free! Plus, many libraries have digital options, allowing you to read through a app for free!
And, a tip for younger adults: Never buy new textbooks.
You can find significantly cheaper books through Chegg or Amazon. You can even rent textbooks for up to 90% off!
4. Exercise Equipment
This is a unique way to save money, but extremely important to consider!
Many home gyms cost a good penny. You can find yourself spending thousands on a fancy treadmill or weight training equipment.
But, before you get excited and spend all of your budgeted cash, check out what you can buy used! You’ll be amazed at what you can find on Facebook Marketplace, Ebay, or a website like Craigslist!
And, no worries, you can still find new options through these alternative sources! You just have to look around – it is definitely worth saving the cash!
5. Furniture
Some people are really picky about having used furniture, so we’ve compiled a few options to save tons of money, while getting the product you want!
What’s so unique about furniture is that it has a huge markup in price. For example, you don’t have to spend $3000 for a couch. There are plenty of other options that are much more budget-friendly!
When you’re on a budget, and tracking your spending, it would be much more wise to seek other ways to spend on such expensive items!
Other places to find cheaper or like-new furniture include:
- Online stores like Amazon
- Discount stores like WayFair
- Facebook Marketplace
- Ebay
- Craigslist
- People you know like friends or coworkers
But, we’ve discovered a gold mine to save cash on furniture: Consignment stores.
At these stores, you get to walk in, try out the furniture, and could even bargain for a cheaper price. They usually have furniture that is a season old (brand new!) or gently used. You can save tons of money, without anyone knowing how little you spent!
Ready for More?
If you’re looking for more ways to save money, check out these popular articles!
- How to Pay off All Your Debt by Blogging
- The Envelope Trick That Will Save You Thousands Each Year
- How Millennials Can Start Rental Investing
- How to Invest When You Have No Money
