4 Ways to Save Money in the New Year

The following is a guest post by  our friend Nikki. If you are interested in writing a guest post at Club Thrifty, please see our guest posting guidelines.

 

4 Ways to Save Money in the New YearIf one of your New Year’s resolutions is to save more money this year, you might still be struggling with exactly how to do it. Like the old cliché says, it’s easier said than done. Start small. Choose a few things at a time. Here are four ways to save money in the new year to help you get started.

 

1. Reusable Products

One of the easiest ways to save money is to use products more than once when you can. Cleaning supplies, for example, can be used more than once, and not just until they look grungy. Microfiber towels are great for dusting, washing the car and cleaning up spills. Throw them in the washing machine when they get dirty to make their cleaning powers last longer. You can buy one microfiber towel for the same price as two rolls of paper towels. They last a lot longer, so you’ll save money. Reusable latex gloves are another great example. Use them to clean the oven or the bathroom. They’re also helpful for all kinds of chores when you have sensitive skin on your hands that you want to protect.

 

2. Entertaining

Throwing a party is always fun, but it can get expensive. You don’t have to stop having friends over, you just need to find a more frugal way to do it. For children’s birthday parties and surprise parties, buy cheap party supplies. They add greatly to the festive atmosphere, but you’ll only need them for a few hours, so buy cheap party supplies. Another alternative is if people ask you if they can bring anything, say yes. Ask them to bring an appetizer or a dessert. This will save you money while making a friend feel useful. You might also get some tasty new recipes in the process. Opt for hosting get-togethers in mid-afternoon or after dinner. This prevents you from having to spend money on entrees and more expensive foods. Light refreshments are quite socially acceptable as long as you don’t plan the get-together during traditional meal times.

 

3. Buy In Bulk

Buying in bulk can save a lot of money in the long run. Purchasing discount store products in bulk online can reduce the number of trips you make to the store. They also cost less per unit price, so it makes more sense. The trick to buying in bulk is to only buy the things that you use regularly or that you truly need. While it’s easy to get caught up in the great savings, finding a great bargain on wire scrubbing brushes won’t be very helpful if all of your kitchen pans are made from non-stick materials.

 

4. Cleaning Products

Although Holly recently blogged about the idea of being unfrugal and hiring someone else to do the heavy cleaning at home, there are still ways to save money on cleaning the kitchen and bathroom, as well as doing the laundry. Buy cleaning supplies from a discount store, where name brands cost less than they do at the grocery store. While you can’t skimp on cleaning the dishes, you can skimp on the amount of money you spend for the dish detergent and sponges or dishrags. Clothes baskets and deodorizers can cost as much as 75 percent more at the grocer’s and drugstore.

 

If you’re trying to keep up with your New Year’s resolution, consider these four quick tips on ways to save money. The money you save on everyday living expenses adds up over time. You can use that extra money to pay bills or to be able to afford more important “luxuries” that you can’t bear to live without.

 

 

 

Comments

  1. Nice tips.

    I make my cleaning products using largely vinegar for cleaning kitchen surfaces and a special concoction for clothes. It saves me a fortune every year!
    James @ Free in Ten Years recently posted..How to stop impulse buyingMy Profile

  2. We used to entertain quite a bit and you are right, it does get really expensive!

    We try to do a rotation thing now where 1 person hosts it each month and then someone different the next time. It seems to work much better for us now.
    Glen @ Monster Piggy Bank recently posted..Recipe: Lemon Meringue PieMy Profile

  3. Really solid tips. Saving money is definitely one of our goals in the new year. We did good last year, but now it’s a matter of implementing more strategies like buying in bulk.
    DC @ Young Adult Money recently posted..How to Save Money on a DateMy Profile

  4. Good tips. We do many of them, especially buying in bulk. But, you have to be careful about doing that as well. As long as we know that we’ll use the product and that it genuinely is cheaper on a per unit basis then we have no problem buying the product in bulk.
    John S @ Frugal Rules recently posted..Three Ways Advertising Companies Tempt You to Forsake FrugalityMy Profile

  5. Good tips on party timing. I’ve found that if you are serving dinner, a theme can make it much cheaper (and simpler). We had a lot of success with “Grilled Cheese and Wine” parties where people bring whatever wine they want to drink and we supply a variety of grilled cheese options. Cheap, and surprisingly fun!
    Alex recently posted..Weekly Update on my GoalsMy Profile

  6. Buying cheap party supplies is always best. You most likely won’t be having a ton of parties, so save some money in that area!
    Michelle recently posted..$940 in Extra Income, Life Updates and 2013 GoalsMy Profile

  7. When it comes to buying in bulk, that money is sometimes better left spent elsewhere, especially in lean times. If you have a very limited budget for whatever reason, what would money be better spent on: a lifetime supply of toilet paper or the electric bill? just because the unit prices may come down, doesn’t mean that it’s necessary to spend the money now on stuff for 10 years down the road.

    And, with the discount/club stores, items may not always be cheaper. Many don’t have BOGO sales or accept coupons, which if timed right will make the national drugstore or your local supermarket even cheaper than these places.
    Eric J. Nisall – DollarVersity recently posted..TurboTax Reviewed From an Accountant’s ViewMy Profile

  8. I try to make an effort to dry out and re-use things like paper towels and sandwich baggies, etc. It just seems so wasteful to keep throwing them away after only one use. And buying in bulk is a wonderful solution as long as it will all be used!
    Jennifer Lynn @ Broke-Ass Mommy recently posted..Where does time dwindle away to?My Profile

  9. I actually love the Dollar Tree. It’s great for five year old entertainment. Give them $2 and tell them to pick out two things. It is pretty fun and a cheap way to kill an hour.
    Kim@Eyesonthedollar recently posted..Improve Your Attitude: Turn Negatives Into PositivesMy Profile

  10. Pot lucks are the way to go in party planning. Nobody expects the host to cook everything themselves (well, nobody we’d have as friends!).
    AverageJoe recently posted..Expected Family Contribution: Digging For (and Finding!) Financial AidMy Profile

  11. Nice tips, especially buying in bulk. We do that with grains, mostly with things like brown rice because we use a ton of it!
    Mackenzie recently posted..What Happened to My Allowance?My Profile

  12. Great tips! I do most of this and like James do clean with vinegar my windows and kitchen surfaces, it is easy and cheap.
    Pauline recently posted..13 money resolutions for 2013: #7 Make more money!My Profile

  13. Great tip on the reusable products. This is something that I want to start doing, but my wife is reluctant. Maybe I will tell her to read this article.
    Debt Roundup recently posted..The Day My Personal and Financial Life ChangedMy Profile

  14. Last year I committed to using rags (old tshirts etc) when cleaning, rather than paper towel and it’s made a big difference, we hardly ever buy/use paper towel anymore!
    Catherine recently posted..Money Mistake #1 and Lessons LearnedMy Profile

  15. I definitely agree with buying cheap party supplies–I love to entertain and shop for bargains, and I would never be opposed to shopping in a discount store for these kinds of things!
    The Happy Homeowner recently posted..Yes, My Boyfriend is Paying Me RentMy Profile

  16. I am always trying to lower my expenses! Good tips! Funny how sometimes buying in bulk is no cheaper than go to a discount store like Target. The cost per item can be the same as a warehouse store (Costco).
    krantcents recently posted..There Is Always Something!My Profile

  17. We use all homemade cleaning products which saves a bundle. We also make a lot of our party supplies. As far as entertainment goes we do a lot of stuff at home. We have potlucks, play games, watch shows etc. Or we go for walks, go play raquetball, or read outside. We have a lot of fun without spending a dime.
    Miss T @ Prairie Eco-Thrifter recently posted..How To Recover From A Home FireMy Profile

  18. Always always always buy store brands instead of name brands (at the grocery).
    Thad recently posted..3 Things: Things That Can Cause You StressMy Profile

  19. Using reusable products is a great way to save money. We switched from using swiffer dust cloths to microfiber ones and have noticed a difference in our grocery budget. They cloths are a little difficult to keep lint free, but the money savings is worth the extra elbow grease.
    Justin@TheFrugalPath recently posted..Which Debt Would You Pay Off First?My Profile

  20. Love this! We had my daughter’s second birthday between lunch and dinner. It was perfect, no meal and they were gone for dinner time!:) I will be using some of these ideas for sure!

Trackbacks

  1. [...] Guest Writer for Club Thrifty gives 4 Ways to Save Money in the New Year!<—Simple ideas to do around the home that will help you [...]

Speak Your Mind

*

CommentLuv badge