What can I do to save money?
It’s the question we keep on asking ourselves, since there’s only this much we can earn (extra) and our living costs keep on rising. The best way to do well, financially speaking, is to try and earn more money, while also devising new strategies to increase savings.
We have gathered here not 10, not 50, but 100 WAYS TO SAVE MONEY, that should help you get into the right direction:
Housing & Utilities
1. Downsize your home
Living in a smaller space lowers your mortgage, property taxes, utility bills, and maintenance costs. It also means spending less time and money furnishing and cleaning your home. Downsizing is especially powerful during retirement or after children leave home. Evaluate resale value, moving costs, and long-term lifestyle fit before making the move.
2. Refinance your mortgage
Refinancing can cut your monthly payments or shorten your loan term, saving thousands in interest. This makes the most sense if you can secure a rate at least 1% lower than your current one. Factor in closing costs, appraisal fees, and your timeline for staying in the home to ensure it’s financially worth it.
3. Get a roommate
Sharing living expenses with a roommate can instantly halve your rent, utilities, and sometimes even groceries. This strategy works well for singles or retirees with extra space. Make sure to draft a clear agreement about bills and responsibilities to prevent conflicts.
4. Install a smart thermostat
Smart thermostats learn your schedule and automatically adjust heating and cooling for efficiency. You could save up to 10–15% annually on energy bills. They also let you monitor and control your HVAC remotely, which is handy when traveling or on irregular schedules.
5. Weatherproof your home
Drafty doors and windows lead to significant heat and cooling loss. Simple upgrades like weather stripping, caulking, or using thermal curtains can reduce your heating and cooling costs by as much as 20%. This is especially cost-effective for older homes.
6. Use energy-efficient bulbs
LEDs use at least 75% less energy and last 25 times longer than incandescent bulbs. Though more expensive upfront, they pay off quickly through reduced electricity usage and fewer replacements. Consider switching out the most-used lights in your home first to maximize savings.
7. Turn off unused electronics
Many devices draw power even when turned off—this is called phantom or standby power. Use power strips to shut down multiple electronics at once, especially in home offices and entertainment centers. This simple habit can shave 5–10% off your electricity bill over time.
8. Negotiate utility rates
In deregulated markets, you can shop around for lower energy, gas, or internet rates. Even in regulated areas, calling providers and asking for current promotions or loyalty discounts often leads to savings. Scripted negotiation calls and bill comparison services can help automate this.
9. Bundle home services
Combining services like internet, phone, and streaming through a single provider usually results in discounts or perks like free upgrades. Be sure to check the fine print for contract lengths and rate increases after promotional periods.
10. Track usage with a smart meter
Smart meters give real-time feedback on your electricity or water usage. Monitoring consumption helps you spot inefficiencies—like a leaky faucet or an old fridge that’s running up your bill. Some utility companies provide them free or offer rebates.
Groceries & Food
11. Make a meal plan
Planning meals in advance helps you shop with purpose, reduce food waste, and avoid last-minute takeout. Use a weekly planner or apps like Mealime or Paprika to map out meals based on what’s on sale or already in your pantry. Bonus: You’ll also eat healthier by default.
12. Buy in bulk
Buying staple items in bulk—like rice, pasta, canned goods, or toiletries—lowers the cost per unit and reduces the frequency of shopping trips. Just be cautious not to overbuy perishables. Warehouse stores like Costco or online bulk options are great for families or those with storage space.
13. Use grocery rebate apps
Apps like Ibotta, Fetch, or Rakuten offer cashback on everyday items. Scan your receipt after shopping or link your store account, and you’ll earn money back on qualifying purchases. It’s like stacking savings on top of coupons and sale prices.
14. Cook at home
Restaurant meals can cost 3–5 times more than the same dish made at home. By cooking yourself, you save on labor, markup, and taxes. Invest in a few cooking basics—sharp knives, quality pans, and spices—and even beginner chefs can make delicious, budget-friendly meals.
15. Limit takeout and delivery
Ordering food includes delivery fees, tips, and higher menu prices. Cutting back just one delivery per week could save over $1,000 annually. Try meal prepping or making quick “fakeout” versions of your favorite takeout at home for convenience without the cost.
16. Use store loyalty programs
Loyalty programs at your local grocery stores or online retailers often offer significant discounts, members-only promotions, and rewards points that can be redeemed for future purchases. Many supermarkets also offer digital coupons that you can stack with sales, amplifying your savings.
17. Grow your own herbs/veggies
Even a small garden or windowsill can save money on herbs, lettuce, and tomatoes. Planting basic herbs like basil, mint, and parsley can cut your grocery bill, especially if you cook frequently. Plus, gardening can be a therapeutic hobby with the added benefit of fresh, organic ingredients.
18. Avoid shopping when hungry
Going to the store on an empty stomach can lead to impulse purchases, especially junk food and non-essential items. Try shopping after a meal or snack to stay focused on your list. This can keep your cart more aligned with your meal plan and budget.
19. Stick to a grocery list
Before heading to the store, make a shopping list based on your meal plan and stick to it. This prevents the temptation to buy extra items that aren’t necessary and helps avoid wasting food. You can also group items by store section to make your trip more efficient.
20. Compare unit prices
Unit pricing (price per ounce, pound, etc.) can help you find the best deal when comparing similar products. This is particularly important for bulk purchases and when buying packaged vs. loose items. A bit of time spent reading labels can save you a substantial amount in the long run.
Transportation
21. Drive less
Carpooling, biking, or using public transit can reduce fuel costs, vehicle wear and tear, and insurance premiums. If possible, consider combining errands to minimize trips or using apps like Google Maps to optimize routes. Alternatively, walking or biking for short trips not only saves money but improves your health too.
22. Buy used vehicles
New cars depreciate quickly, losing 20–30% of their value in the first year alone. By purchasing a certified pre-owned or used vehicle, you avoid this immediate depreciation and can find a high-quality car at a significantly lower price. Be sure to check the vehicle’s maintenance history and have it inspected before purchasing.
23. Refinance your auto loan
If you have an existing car loan with a high interest rate, refinancing to a lower rate can reduce your monthly payment or shorten the loan term. Be sure to compare rates, understand fees, and consider the impact on your credit score before refinancing.
24. Shop around for auto insurance
Rates for auto insurance can vary dramatically between providers. It’s recommended to shop annually or when your policy is up for renewal to ensure you’re getting the best price. Look for discounts for bundling policies (home, auto, etc.), good driving records, and low mileage.
25. Perform regular maintenance
Routine maintenance like oil changes, tire rotations, and brake checks prevents costly repairs down the road and keeps your vehicle running efficiently. A well-maintained car consumes less fuel, and you’ll avoid more expensive repairs in the future, extending your vehicle’s lifespan.
26. Use gas rewards programs
Sign up for fuel rewards through grocery stores, credit cards, or apps like Shell Fuel Rewards or Exxon Mobil Rewards+. These programs offer discounts per gallon based on spending habits or purchases at partner stores. Over time, these savings can add up to hundreds annually—especially if you commute regularly.
27. Bundle insurance policies
Insurance providers often give multi-policy discounts when you bundle auto and home, renters, or even life insurance. By consolidating your policies under one provider, you simplify billing and potentially save 10–25% compared to keeping them separate. Always compare bundled rates to unbundled offers to ensure it’s truly a deal.
28. Inflate tires properly
Underinflated tires increase fuel consumption and wear unevenly, leading to earlier replacement. Keeping your tires at the manufacturer’s recommended PSI can improve fuel efficiency by up to 3% and extend tire life. Check pressure monthly using a $10 pressure gauge and refill at most gas stations for free or low cost.
29. Avoid premium fuel unless required
Many drivers pay extra for premium gas thinking it’s better, but unless your car specifically requires it, you’re likely wasting money. Most vehicles are engineered to run efficiently on regular unleaded. Check your owner’s manual—if premium is only “recommended,” you can safely stick with regular and save 20–40 cents per gallon.
30. Use apps to find cheap gas
Fuel price comparison apps like GasBuddy, Waze, or Upside help you locate the cheapest gas nearby, sometimes showing real-time prices. These apps also alert you to gas stations with loyalty discounts. Even a 10-cent difference per gallon adds up significantly over months, especially for frequent drivers.
Bills & Subscriptions
31. Cancel unused subscriptions
Monthly subscriptions for streaming services, magazines, apps, or gym memberships can add up quickly. Regularly review your subscriptions and cancel any that you don’t use or need. Many people are surprised at how much they’re spending on services they rarely access. Set a reminder to review them every few months.
32. Switch to a lower phone plan
Your phone plan may no longer be the best option for your usage. If you rarely use data or minutes, consider switching to a cheaper plan or a prepaid option. Providers also offer discounted plans for students, seniors, or low-income households. Track your usage to ensure you’re not overpaying.
33. Use Wi-Fi instead of cellular data
Using Wi-Fi instead of cellular data when possible can prevent overage charges. Many services, including public places like coffee shops and libraries, offer free Wi-Fi. By connecting to Wi-Fi for streaming, browsing, and messaging, you can reduce your monthly data usage significantly.
34. Negotiate cable and internet bills
Cable and internet providers often have promotions for new customers, but they may be willing to offer similar deals to existing customers if you ask. Call and negotiate for a better rate, and consider downgrading your package to only pay for what you truly need. If possible, switch to streaming services or bundle internet with other services.
35. Cut the cord
Cable TV subscriptions can be extremely expensive, but streaming platforms like Netflix, Hulu, and Amazon Prime offer affordable alternatives. You can also use free services like YouTube or ad-supported services like Peacock. With a streaming device (e.g., Roku or Apple TV), you can access a wide variety of content at a fraction of the cost.
36. Pause subscriptions when not in use
Many services—like streaming platforms, meal kits, or gym memberships—allow you to pause your account instead of canceling outright. If you’re traveling, busy with work, or just not using the service, pausing ensures you don’t pay for something you’re not using, while still retaining your account and preferences.
37. Pay bills on time
Late fees, penalty interest rates, and dings to your credit score all stem from missed or late bill payments. Avoid these unnecessary costs by setting calendar reminders or automating payments. Paying on time also keeps your credit utilization predictable, which can positively affect your credit score over time.
38. Set up automatic payments
Automating recurring bills—like utilities, loans, or credit cards—prevents late payments and gives peace of mind. Just make sure your account has enough funds to avoid overdrafts. Many providers even offer small discounts or incentives for using auto-pay, especially for student loans or insurance premiums.
39. Review your bank fees
Banks often charge for account maintenance, overdrafts, ATM usage, and more. Review your monthly statements and switch to a no-fee bank or credit union if needed. Online banks and fintech companies typically offer fee-free checking and savings accounts with better interest rates and fewer hidden costs.
40. Switch to online-only banks
Online banks like Ally, SoFi, or Capital One 360 have lower overhead costs and pass the savings to you via higher interest on savings, no maintenance fees, and better budgeting tools. Many also offer early direct deposit or cash-back debit cards, making them great low-cost alternatives to traditional banks.
Personal Finance & Habits
41. Automate savings
Automating your savings ensures that you pay yourself first, before spending on other things. Set up automatic transfers from your checking account to a savings or investment account each payday. This “out of sight, out of mind” method helps you save consistently without having to think about it. Consider using high-yield savings accounts or retirement accounts like IRAs to make your money work for you.
42. Track your spending
Being aware of where your money goes is one of the most effective ways to curb unnecessary spending. Use budgeting apps like Mint, YNAB (You Need A Budget), or even a simple spreadsheet to categorize your expenses and identify areas where you can cut back. This awareness can motivate you to find opportunities to save.
43. Set a budget
A budget is your roadmap to financial health. Allocate specific amounts for essentials (e.g., housing, utilities, groceries) and discretionary spending (e.g., entertainment, dining). Stick to your budget and adjust as needed. The 50/30/20 rule is a great place to start: 50% for needs, 30% for wants, and 20% for savings or debt repayment.
44. Use cash for discretionary spending
Using cash for discretionary purchases (like dining out or shopping) helps you stay within budget. Psychologically, people tend to spend less when using cash compared to credit or debit cards because it feels more “real.” By setting a weekly or monthly cash limit, you can curb impulse spending and stick to your financial goals.
45. Use a no-spend day/week
A no-spend challenge is a great way to reset your spending habits. Designate a day or week where you commit to not spending money on anything non-essential. This could be one day a week, or even an entire month. The goal is to build awareness and discipline around your finances and discover areas where you can make long-term changes.
Credit & Debt Management
46. Reward yourself only after saving
Train yourself to view saving as a prerequisite for spending. For example, commit to putting $100 into savings before treating yourself to a night out or a new gadget. This mindset builds discipline and creates a positive feedback loop—saving becomes a gateway to reward rather than a punishment or restriction.
47. Cut one expensive habit
Take a hard look at habits that eat into your finances—like smoking, excessive takeout, daily coffee shop visits, or impulse shopping. Cutting just one of these can free up hundreds, even thousands, annually. For example, brewing your own coffee instead of buying a $5 latte daily could save $1,200+ per year.
48. Read personal finance books
Financial literacy pays dividends. Books like The Millionaire Next Door, Your Money or Your Life, or I Will Teach You to Be Rich provide practical frameworks for budgeting, investing, and building wealth. A $15 book could easily lead to thousands in savings if the strategies are applied.
49. Use a financial coach or planner
If you’re unsure how to manage or grow your money, a certified financial planner (CFP) can offer guidance tailored to your situation. Many offer hourly or one-time planning services without requiring a percentage of your assets. A good advisor can help with debt strategy, retirement planning, insurance, and more.
50. Follow the 50/30/20 rule
This popular budgeting method allocates 50% of your after-tax income to needs (housing, food, utilities), 30% to wants (dining, entertainment), and 20% to savings or debt repayment. It’s a simple, flexible framework that keeps spending balanced while ensuring you’re progressing toward financial goals.
51. Pay off high-interest debt first
If you have multiple debts, focus on paying off high-interest debt, like credit card balances or payday loans, as quickly as possible. This saves you money on interest over time and accelerates your path to financial freedom. The “debt avalanche” method prioritizes paying off the highest-interest debt first, while the “debt snowball” method suggests paying off the smallest debt first to build momentum. Either method can help, but the avalanche method will save you more money in the long run.
52. Consolidate your debts
Debt consolidation combines multiple debts into a single loan with a lower interest rate. This can reduce your monthly payments and simplify your finances by having just one due date. Look into options like personal loans, balance transfer credit cards, or home equity loans, but be cautious about any fees or extended loan terms.
53. Avoid carrying credit card balances
Carrying a balance on your credit cards means you’re paying interest on your purchases, which can quickly spiral out of control. Aim to pay off your balance in full each month to avoid high interest rates and late fees. If you struggle to pay off your balance, consider transferring your debt to a 0% APR card for a promotional period.
54. Negotiate lower interest rates
If you have credit card debt, don’t hesitate to call your credit card company and ask for a lower interest rate, especially if you’ve been a loyal customer. Highlight your on-time payments or your competitive offers from other institutions. Even a small reduction in the interest rate can save you hundreds over time.
55. Transfer balances to 0% cards
If you have high-interest credit card debt, consider transferring your balances to a 0% APR credit card for an introductory period (usually 12–18 months). This gives you time to pay down the debt without accruing interest. Be mindful of balance transfer fees, and make sure you can pay off the balance before the promotional rate expires.
56. Use credit responsibly
Credit can be a powerful tool—or a financial trap. Use credit cards only if you can pay off the balance in full each month. Avoid using credit for non-essential purchases or to cover gaps in income. Responsible use builds your credit score, which can reduce borrowing costs later (like getting lower mortgage rates).
57. Review credit reports
Checking your credit reports regularly helps you catch errors or signs of identity theft early. You’re entitled to a free credit report annually from each of the three bureaus (Experian, Equifax, TransUnion). Dispute any inaccuracies to protect your credit score and financial reputation.
58. Build your credit score
Your credit score affects your ability to get loans, rent an apartment, and even land some jobs. Boost it by paying bills on time, keeping credit card balances low (ideally under 30% of your credit limit), and maintaining long-term credit accounts. Avoid opening multiple new lines of credit at once.
59. Avoid store credit cards
Retail cards often entice with discounts at checkout but carry very high interest rates (often 25%+). They also have lower limits, which can increase your credit utilization ratio and hurt your score. Unless you’re paying in full every month and maximizing rewards, they’re usually not worth it.
60. Use cash or debit when possible
Paying with cash or debit forces you to spend only what you have, helping avoid debt and interest. It also makes purchases feel more “real,” which can reduce impulse buys. This method is especially useful for discretionary spending like dining out, shopping, or entertainment.
Family & Lifestyle
61. Buy secondhand clothes and toys
Kids grow fast, and so do their needs. Buying secondhand—through thrift stores, Facebook Marketplace, consignment shops, or local swaps—can save 50–90% compared to buying new. Focus on essentials like jackets, shoes, and toys that are often gently used. The same applies to adult clothing and household goods.
62. Limit kids’ extracurriculars
While sports and arts programs are valuable, costs can add up quickly with uniforms, equipment, and travel. Prioritize one or two activities your child truly enjoys instead of overloading their schedule. Explore free or low-cost community programs, libraries, or school-sponsored options that still offer enrichment without the hefty price tag.
63. Plan free family outings
Fun doesn’t have to cost money. Parks, local hikes, free museum days, outdoor concerts, and community festivals offer bonding experiences at no cost. Planning regular free outings helps build traditions and memories without draining your wallet—and can be more rewarding than expensive trips.
64. Swap babysitting with friends
Instead of hiring a babysitter, coordinate with another family to trade childcare. You watch their kids one night, and they return the favor. It’s free, reliable, and helps build a trusted community support system—perfect for date nights or errand runs.
65. Use hand-me-downs
Whether it’s clothes, baby gear, or furniture, hand-me-downs are budget lifesavers—especially for growing kids. Accept gently used items from family and friends, and pass them along when you’re done. This circular economy reduces waste, saves money, and fosters a spirit of sharing.
66. Host potlucks instead of dining out
Instead of expensive restaurant meals or takeout, invite friends over for a potluck. Each guest brings a dish, so the cost and effort are shared. It’s a more affordable way to socialize, and often more fun. Plus, leftovers can stretch your food budget even further.
67. Create DIY gifts
Homemade gifts—like baked goods, photo albums, crafts, or personalized items—are thoughtful and budget-friendly. They often mean more to the recipient than store-bought items and can cost a fraction of the price. Use your skills or learn new ones (like knitting, painting, or woodworking) to turn creativity into savings.
68. Celebrate holidays simply
Focus on meaning, not materialism. Set spending limits, make decorations, draw names for gift exchanges, and avoid last-minute splurges. Planning ahead and keeping traditions centered on connection (not consumption) keeps holidays joyful—and your bank account intact.
69. Cancel expensive memberships
Evaluate monthly memberships (e.g. kids’ play zones, clubs, or gyms) and cancel any that aren’t getting regular use. Often, community centers or local programs offer similar experiences for free or much less. Redirect that money into savings or something more meaningful for your family.
70. Practice mindful spending as a family
Involve kids in the budgeting process to teach them smart money habits early. Let them help make grocery lists, track spending on outings, or set family saving goals (like a trip or big purchase). When kids see the value of money, they’re more likely to grow into financially responsible adults.
Work & Career
71. Negotiate your salary
Most employers expect candidates to negotiate, yet many don’t. Even a small increase—say, $5,000 more per year—can compound into tens of thousands over a career. Before negotiations, research your market value using tools like Glassdoor or Payscale, and be ready to highlight your achievements. A one-time conversation can yield long-term income gains.
72. Ask for remote work
Remote work can eliminate commuting costs, reduce meal expenses, and give you time back. Even working from home a few days a week can save hundreds on gas, parking, car wear, and eating out. Plus, you may be able to move to a lower-cost area without changing jobs.
73. Bring your lunch
Spending $10–$15 daily on lunch adds up to $2,500–$3,500 per year. Packing meals from home costs far less—often under $3 per meal—and allows you to eat healthier. Meal prepping in bulk on weekends can make weekday lunches nearly effortless and budget-friendly.
74. Use employer benefits
Many people miss out on valuable perks their company offers: commuter benefits, tuition reimbursement, wellness programs, discount portals, or Health Savings Accounts (HSAs). These can save you hundreds or even thousands annually. Review your HR portal or talk to your benefits manager to ensure you’re maximizing what’s available.
75. Seek out professional development
Workshops, certifications, or continuing education courses often come with costs—but they’re an investment in your earning power. Ask your employer to cover fees or use free/low-cost platforms like Coursera or LinkedIn Learning. Skill growth can lead to promotions, side income, or new career paths with better pay.
76. Use flexible spending accounts (FSAs)
FSAs let you set aside pre-tax dollars for eligible healthcare or dependent care expenses. That means you can pay for things like prescriptions, co-pays, or daycare with untaxed income—effectively saving 20–30% depending on your tax bracket. Just be sure to use the funds before they expire (usually by year-end or March of the following year).
77. Deduct eligible work expenses
If you’re self-employed or a contractor, you can deduct business-related expenses such as a home office, internet, equipment, and mileage. This lowers your taxable income and could lead to significant tax savings. Keep thorough records and consult a tax professional to maximize legal deductions.
78. Use company-provided devices
If your employer provides a phone, laptop, or software, don’t duplicate those expenses with personal subscriptions unless necessary. Consolidating work and personal tasks on company tools (where appropriate and allowed) avoids paying out of pocket for something already covered by your job.
79. Monitor work-related subscriptions
Many professionals sign up for newsletters, learning platforms, or memberships that go unused. Review these subscriptions regularly—especially auto-renewing ones—and cancel those you no longer need. This habit can save you hundreds annually and declutter your finances.
80. Pursue passive income streams
Start building sources of income that require little to no daily involvement—like dividend-paying investments, rental properties, or digital products (ebooks, online courses, printables). Passive income not only supplements your salary but also provides financial cushioning during job loss or life transitions.
Home & DIY
81. Do simple repairs yourself
Instead of hiring a professional for every household fix, learn to handle common tasks—like unclogging drains, patching drywall, or replacing faucets—yourself. YouTube, DIY blogs, and repair forums offer step-by-step guidance. A $5 part and 30 minutes of your time can save you a $100+ service call.
82. Borrow tools
For occasional projects, skip the hardware store and borrow tools from friends, neighbors, or tool libraries (yes, they exist!). This saves storage space and prevents you from spending hundreds on items you may only use once or twice.
83. DIY home improvements
Painting walls, installing shelves, or laying peel-and-stick flooring are all manageable with basic instruction. Doing these projects yourself can save thousands in labor costs while increasing your home’s value. Start small, learn as you go, and invest in quality tools you’ll reuse.
84. Maintain appliances
Regular maintenance—like cleaning lint filters, descaling coffee makers, and vacuuming refrigerator coils—can extend appliance lifespan and improve energy efficiency. Replacing a neglected appliance is expensive; simple upkeep costs little and helps you avoid big-ticket replacements sooner than necessary.
85. Make your own cleaning products
Vinegar, baking soda, lemon, and castile soap can clean almost anything for a fraction of store-bought cleaners’ cost. DIY products are non-toxic, environmentally friendly, and cost pennies per use. They also reduce clutter under your sink and let you ditch single-use plastic bottles.
86. Install water-saving devices
Low-flow showerheads, faucet aerators, and dual-flush toilets reduce water usage without sacrificing performance. These upgrades are inexpensive, easy to install, and can lower your monthly water bill significantly—especially for large households. Over time, the savings add up both on water and energy used to heat it.
87. Unplug unused appliances
Even when turned off, many electronics draw “phantom power” (also called vampire energy). Unplug chargers, microwaves, and entertainment systems when not in use, or use a power strip to switch off multiple items at once. You can save up to $100 per year with this simple habit.
88. Use ceiling fans
Ceiling fans cost a fraction of what air conditioning does. In warm months, set them to spin counterclockwise to create a breeze. In winter, reverse the direction to circulate warm air. This helps regulate temperature more efficiently, reducing the need for expensive climate control.
89. Compost food waste
Instead of throwing away food scraps, compost them. This reduces trash volume (which may lower your garbage bill if you pay per bin or weight) and provides nutrient-rich material for gardening, reducing fertilizer and soil costs. It’s also a sustainable way to cut waste.
90. Switch to LED holiday lights
LEDs use up to 80% less energy than traditional incandescent bulbs and last years longer. Switching all your holiday decor to LED can drastically cut your December electricity bill—and eliminate the need to replace broken strands every year.
Shopping & Entertainment
91. Use cashback websites
Websites like Rakuten (formerly Ebates), TopCashback, or Honey offer cashback or coupons when you shop online. These sites are free to use and allow you to earn a percentage of your purchase back, often on everyday items. Add these to your shopping routine to get a little back with each online purchase.
92. Wait 24 hours before buying
Impulse buying is a major budget killer. To curb this, implement a 24-hour waiting period before making non-essential purchases. This pause allows you to assess if you really need the item or if you’re just reacting to a temporary desire. Often, you’ll realize you can live without it, saving money.
93. Buy off-season
Seasonal items like clothing, outdoor furniture, and holiday decorations are much cheaper when purchased out of season. Winter clothes are often discounted in the summer, and holiday items are marked down after the holiday season. Stock up on off-season items and store them until you need them.
94. Use the library
Instead of buying books, movies, or even digital resources, utilize your local library. Many libraries offer free access to books, audiobooks, e-books, and even streaming services. Some even loan out tools, equipment, and local passes to museums or parks, saving you money while still enjoying a variety of entertainment.
95. Attend free events
Look for free community events, such as concerts, public lectures, art shows, or outdoor movie nights. These offer great entertainment without the high price tag. Local event websites, social media pages, and community boards are great resources to find free cultural activities that let you enjoy your city on a budget.
96. Cancel gym memberships
Gym memberships can be expensive, and many people don’t use them enough to justify the cost. Instead, try free or low-cost alternatives like home workouts, outdoor running, or following fitness apps that offer a range of workouts without the monthly commitment. There are plenty of ways to stay fit without a gym membership.
97. Use coupons and promo codes
Before making any online purchase, search for available coupons or promo codes. Websites like Honey or RetailMeNot gather up-to-date discounts that can be applied at checkout. Even in-store, check for local or manufacturer coupons. These small savings add up, especially on larger purchases.
98. Buy generic brands
Generic products often contain the same ingredients or materials as their brand-name counterparts but are significantly cheaper. Whether it’s food, medicine, or household goods, try switching to generics. You’ll often notice no difference in quality, but your bank account will certainly appreciate the savings.
99. Track prices and wait for sales
Using tools like Honey, CamelCamelCamel, or PriceBlink allows you to track product prices over time and alert you when they drop. Waiting for sales, or even better, Black Friday or seasonal promotions, can help you score items at a fraction of the price. Just be sure it’s something you need rather than buying impulsively during a sale.
100. Value experiences over things
In a consumer-driven world, it’s easy to get caught up in buying material possessions. However, focusing on experiences—like travel, cooking together, or exploring nature—often brings more lasting joy and memories. Plus, experiences can often be more affordable than buying new items and don’t contribute to clutter or future maintenance costs.
