4 Ways to Save Money at Home

electric slideWhen the going gets tough, some extra thought and creativity can help you come up with unconventional ways to save. Whether it’s for paying bills, saving for a well-earned trip, or even saving for food and supplies, some of us need to think outside the box to ensure that we’re still able to live the dream. So, if you’re strapped for cash or are just looking for a little bit of mad money, don’t despair.  Here are four ways to save money from the comfort of your own home:

Sell Your Stuff

I absolutely love walking through my home and finding stuff to sell.  Recently I decided to sell my Kitchen Aid mixer after realizing that I only used it twice, and both times were just to make mashed potatoes.  If you want to sell your stuff locally, try throwing an ad up on Craigslist or even Facebook.  You can also set up an online store where you can manage and sell your junk under your own terms. The beauty of this is that you can create and design a page that fits your personality. If you’re interested in hosting your own online garage sale, build your Shopify website here.

Save on Utilities

Utility bills are the silent killer that can takes us by surprise when we least expect it, especially during those harsh winter months. Fortunately, there are several ways to monitor and cut down on your usage, which will hopefully cause your high bills to plummet. Installing a water meter will force you to confront your water usage whether you like it or not. When it comes to hearing your home, try using inexpensive weather-proofing materials that can be found at your local home improvement store.  And throw on a sweater, wimp.  Laura Ingalls Wilder grew up in a log cabin in the wilderness, am I right?

Cut the Cord to Cable

Let me be the world’s biggest hypocrite for a second.  Do you really need hundreds of TV channels? How many of them do you actually watch? Consider changing your provider or cancelling your cable subscription altogether.  There are many inexpensive alternatives to cable now, which makes it that much easier to give Comcast the old heave-ho.  They don’t deserve your money anyway.

Hang Out at Home Instead of Going Out

Bars and restaurants provide a place to unwind in and chill out in after a hard day’s work. However, they’re expensive and usually filled with depressed and lonely souls who would rather be anywhere but their own home.  Why not cut costs by inviting friends over for some drinks and food instead?  An added bonus: you won’t have to watch five hours of hockey or see people who should not be dancing do the electric slide.

What is your favorite way to save money at home? 

 
About Holly

Holly Johnson is a wife, mother of two, and frugal lifestyle enthusiast. She is the co-founder of Club Thrifty and a staff writer at Get Rich Slowly, Frugal Travel Guy, and U.S. News and World Report's "My Money Blog." Holly has been featured in the Wall Street Journal, Kiplinger Personal Finance, Fox Business, and Daily Finance.

Comments

  1. I’ve saved money on all these things except cable. I just can’t give it up – yet : ) I would consider giving it a try but right now our renter shares our cable so we don’t have much motivation. We write off 1/3 of internet and cable for now, but that still pales in comparison to what we could be saving by cutting it altogether. We have some friends coming over tomorrow tonight instead of going out. Should save each couple about $20-25!

  2. We haven’t gotten rid of cable yet, but have been debating it. I think many of the things that we watch would not be available on Hulu, but I need to look into this more.

  3. Part of the fun stuff when we moved was selling all our old things. There was nothing like people coming in and handing you money. They got good bargains and we made bank. We stored a little stuff. The rest we donated to Goodwill. We are still living off the money we got from selling our cars! Number 4 is my favorite of all. We save so much money by eating in, my husband has been cooking since he was a kid, and his food is better than a whole lot of restaurants. Hope the weather is good and you guys are set to take off! Have fun…

  4. Cutting out satellite TV was one of the best things we ever did. Watching mindless TV=brain rot. Now that it isn’t blaring all the time, I get much more done and make money online instead of being distracted by TV!

  5. Another one is turn off the lights if you aren’t in the room. Also when I bake using the oven I always leave it open when I’m done to add some heat to the house.

  6. My favorite way was to cut the cord. I think that has saved me the most money.

  7. Cutting the cord cable has been on my list this year. I’m under a contract with Verizon Fios but that ends in October and I’m considering it.

  8. I need to investigate this online garage sale! I always get wary of trying to sell things on Craigslist because it creeps me out to have someone come into my own and check out my belongings…but I know it’s a good way to make some quick pocket money. I also like taking clothes to a consignment shop or a Plato’s Closet type store to get some money for them.

  9. I save the most money through grocery shopping: I plan a week’s worth of meals (primarily dinners with a few basic supplies thrown in for breakfasts and lunches) and place an “express lane” pick-up order. I never go into the store so impulse buys are off the table. And I always buy store-brand items if possible. I have reduced my weekly grocery bill by a full half this way while keeping the cupboards supplied.

  10. Does that mean I shouldn’t be doing the electric slide at home?

  11. Similar to hanging out at home…but more specifically…cooking at home. Sometimes I have a hard time paying for food at the restaurant because I’m always thinking I can make this at home at $X.XX but they’re charging $XX.XX at the restaurant!

  12. Lately, we both prefer to stay home instead of going out. I’m enjoying this because it is saving us so much MONEY! :)

  13. I definitely love the staying at home option. The main reason you go out is to see people you like, but if you can see them at home for less without loud bar noises or annoying people, then it makes so much more sense. And my biggest 2014 financial project is eliminating cable. I am there, my hubby is slowly joining in.

  14. We have not had cable for quite some time. We are also always trying to manage our utility bill by keeping the lights off in rooms we are not in, unplugging appliances and watching the heat.

  15. We don’t have a water meter, but we do our best to save water. We also try to keep the heat turned down a notch by dressing warmly and using our fireplace. We haven’t had cable in years, so that has helped.

  16. Holly,
    I’m too weak to give up on cable as I love my brain going to mush. We do stay home a lot now that we live in the suburbs away from the city.

  17. I’m an introvert, so I love staying at home. I’m on the computer a lot and enjoy watching tv on the couch. Simple and frugal things bring me a lot of happiness.

  18. I like that idea of selling junks online because I can customize design that can reflect to my personality. I have lots of stuffs here that were just used few times and I think I can sell them.

  19. I do all of those things! I think I need to explore using ebay more though because clothing items are one thing that I find hard to sell on CL.

  20. We have movie night, hamburger night, and game night at our house. We have found that this limits our travel outside the home. Plus our community has a nice little park and pool that works as a getaway.

  21. I really don’t see the importance of having a cable when you can stream for movies and live sports over the internet. Cutting up a cable can help save a lot.

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