Learning how to save money isn’t always the most exciting topic, but we’re going to change that. With a little help from our friends on Duck Dynasty, we’re bringing the fun back to personal finance. After all, these men always seem to have the best advice. Let the savings begin!
1.) Get crafty and make things yourself. Before shelling out a ton of money for something, see if there is a cheaper alternative or DIY instruction guide online. The internet is a great resource for (simple) DIY ideas.
Well, maybe not this creative. Hey, whatever works for you!
2.) Cook at home versus eating out. According to the Green Cheapskate, a family that commits to eating in can save $3,000 a year. Think of all the fun things you could do with that extra money!
We don’t recommend eating squirrel though. Unless you’re into that kind of thing.
3.) Wait until the last minute to buy tickets for big events. Discount ticket website, SeatGeek.com, sells unsold seats to sporting events and concerts at surprisingly low rates. Wait until a day or two before the game to purchase tickets; prices decrease between 30 and 40 percent. You’ll be shocked at how much you can save!
4.) Use free online tools to see where your money is going. Cutting costs is easier when you can see exactly where a majority of your money is spent. “Mint.com”: https://www.mint.com/ offers a free online finance tool that breaks down how much you’re spending and in what categories. Eliminate unnecessary bloating by adding automatic email alerts when you hit your spending budget.
Don’t worry, it’s not as confusing as it may sound.
5.) Enforce the twelve month rule. Chances are you have a ton of household appliances you never use. Go through your appliances and if you haven’t used it within the last twelve months, you don’t need it. These appliances just take up space and cause clutter; instead, sell them to someone who will actually use them. Craigslist and eBay are great places for selling your unused appliances and making some extra cash!
_I’m not too sure how reliable selling your appliances on “Greg’s List” would be.
Note: Do not try this at home_
6.) When entertaining, take advantage of dollar store deals. Hosting a party can get expensive fast. When you add up the cost food, drinks, and decorations you’ll be surprised how much money you actually spent. A majority of party expenses are spent on decorations and supplies; to cut costs purchase all your basic items at the dollar store (cups, plates, utensils, confetti, etc.). Doing so, can cut your party expenses by nearly 40 percent!
7.) Maximize on yard sales. While most of the time you will find junk, other times you can find some really great deals on quality items. To get a great deal, it’s important to know what to look for when you go. There are definitely some great bargains waiting to be had!
Another person’s trash is another person’s treasure?
8.) Say goodbye to your cable company. Cancelling your subscription to hundreds of premium cable channels is an extreme money saver. Eliminating that monthly $70+ bill can be a huge weight lifted off your shoulders. Plus, who has the time to watch that many channels and practically everything can be watched on demand? Not to mention, you’ll also be saving on your electricity bill.
_Dumb to pay for hundreds of premium channels that you don’t watch?
Yes, we would have to agree._
9.) Sign up for every free customer rewards program. Customer rewards programs have come a long way over the past few years. Having a rewards card will give you access to exclusive money-saving opportunities such as coupons, discounts, and free items. Check out the best and worst customer reward programs, here.
Show me the money!
10.) Don’t spend a ton of money entertaining your children. Children can be entertained by the most simple and inexpensive items, so make a game out of ordinary stuff around the house (cardboard boxes were my personal favorite). If you can’t think of anything, look for inspiration on Pinterest. This will save you money and require them to use their imagination.
Fishing is always a great second option.
After saving all that money…