One Hundred Ways To Save Money Part IX

For Tips 1-80 see here

81. Become a member of Birthday clubs – see if your local restaurants, coffee shops and ice cream parlours have free food on your birthday!

82.  Pay cash for everything! If you don’t have cash for a new sofa, make do with an old one!

83. Make do with one car between a couple or even no car! This is much harder in some areas than others, but with a little creativity there are ways to cut how much you drive, part of this may be limiting how many activities you do outside the home, which actually may be a blessing in disguise!

84.  When you get to the bottom of the soap, shampoo, conditioner, washing up liquid etc, add water! I can usually get another 5+ “servings” by doing this!

85. Cut out cable/tv. You can watch so much online now which is free :)

86. Seek priorities with your money - for example the priorities may be  your mortgage, insurances, utilities, a budget for food & petrol. Almost everything else is a LUXURY! I know a couple who are in proceedings for bankrupcy, they have not paid their mortgage in more than 2 years, yet in that time they have kept the internet, cable tv, three cell phones [including one for their 9 year old...], two cars, theme park passes, buying new clothing for their children, a gym membership and two kid in two extra-curricular activities. They honestly believe that all these things are needs, to me the need is to pay your mortgage, only AFTER paying that do you look at what is left and then prioritize. For example after all their bills are paid they may have $270 left which will not cover all their luxuries like cable, cell phones. Instead they have to say, with the $270 we have left what are the priorities, that might be one extra curricular activity for each child and basic second hand clothing from ebay. I will never believe the gym [for non-medical reasons], theme park passes, cell phones and cable tv are needs.

87. Be radical. I have been living on £500 a month, this allowed me to donate hundreds of pounds worth of supplies to children in desperate situations, give more to Haiti, sponsor children, save a bit, pay for room costs abroad for 3 weeks. It was only possible because I focused on my needs not my wants. My colleagues who bring home the same pay package as me, many of whom pay no rent or have two incomes have less left at the end of the month than I do. All admit spending more than £150 a week on stuff, eating out, lunch, the cinema, drinks, pub lunches, weekends away etc.

88. When you are exhausted and feel a need to splurge on a quick fix put yourself to bed early that night. Seriously it saves you money!

89. Organize a clothes swap with friends, family and colleagues. I tend to do it with a charity focus where everyone has to pay £1 for each item they take home, which then gets donated to charity, but even £1 for a new coat or skirt is pretty awesome ;)

90. Lay all your clothes, belts, underwear, shoes and jewelry out on your bed and just open your eyes and really see how much you have.  I have no more than 7 outfits (reusing some things)  in total and I even feel that is a lot. So many of my friends constantly talk about how they need more clothes and I look in their wardrobes and am just in awe at all that they have.  There are hundreds if not thousands of pounds worth of clothing, shoes and jewelry. Get perspective & admit what you’ve already spent and you’ll stop feeling the urge to spend more (hopefully!).

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About Frugal Trenches

I love the sweet nectar of life!
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11 Responses to One Hundred Ways To Save Money Part IX

  1. Incredibly well put! I can’t believe that about the family that you described. I run into a similar thing quite often with the soldiers who are transitioning out of the service. They’re used to the military covering their housing, uniforms, food, and health care—so they can pay $500 or more a month on a car payment and live lavishly. When I suggest paying off bills and saving too for a cushion, they tend to think I’ve gone batty. It makes me so nervous for so many of the young guys transitioning out though—they’re gonna have to learn REAL quick how to cover everything they’re not used to covering or rack up even more credit card debt.

    I’m interested to see what all else you’re going to offer as suggestions, and I’m totally proud of you for living on that income. Its tough at times I’m sure, but you’re doing a world of good–literally.

  2. Karen says:

    i love no. 88 :-) i am definitely going to try that.

    unfortunately, money has always burned a hole in my pocket. it burns hotter when i’m broke. i was never taught good money management skills.

    i’m telling myself this is the year, starting when i get my first paycheck of the year at the end of august. this is the year i stick to a budget. honestly, i can’t wait.

    i hear you on the clothes thing. in the last year, i have literally sold/donated huge boxes worth of clothes, shoes, bags, etc. and still …. i have WAY more than i need. more than 20 sweaters, for example. my, my. however, i am very soon donating two couches, a tv, a dvd player, all my dvd’s, tv stand, two chairs, a lamp … you see. only moving with the things that mean that most to me/the things i need.

    it is really so freeing for the mind. create physical space and you create mental space.

  3. Karen says:

    what is L500 (my computer can’t even make the pound sign lol) in american $$?

  4. Pingback: Things Happening Today « Notes From The Frugal Trenches – A Downshifting Journey

  5. Melaniesd says:

    Funny you should mention #90. Last night I cleared all of the clothing that I keep in my closet to move down to the basement temporarily. My father in law is going to make the opening to my closet bigger so I need to take all the clothes out.
    it was surprising to see all of the dress clothes that I have, but couldn’t see because my closet isn’t functional the way it is.
    I clearly DID see last night that I have no need for any more clothing.

    I’m starting to look at my goals differently. I really want to save more money. I really want to simplify life a little more. Slow down a little. Stay home more. I think the desire to stay home more is just because this past 2 weeks I have had a lot of errands to do after my work day ends and it’s been very humid here, making errands tiring.

    On the other hand, I really desire to build a home in the county. If we can save money to buy a piece of land and pay it off, then the mortgage on construction would be more attainable. I have had a modest dream home in mind for 10 years now and if we can make it happen, then I’d really like to figure out a way to do it. We have no debt aside from our mortgage, so it’s a matter of priorities with spending what’s left each month.

    Great tips FT! You have given food for thought to re-evaluate goals and lifestyle desires.

  6. GC says:

    I’ve been enjoying this series.
    The early to bed solution is a good one for me. It’s not as if I get enough sleep anyway.

  7. M says:

    This has been a fantastic series with so many good real life strategies to help change my choices. Thanks so much!

  8. Kathryn says:

    Can’t wait for the last installment. I have got so many ideas from these posts!

  9. Elizabeth says:

    I really like the idea of a clothing swap to raise money and have a good shop!

  10. Pingback: One Hundred Ways To Save Money Part IX « Notes From The Frugal Trenches – A Downshifting Journey | Conserving Money

  11. Pingback: One Hundred Ways To Save Money Part X « Notes From The Frugal Trenches – A Downshifting Journey | Conserving Money

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