18 Ways to save over $5,000; Outside the box ideas

All that hashtag YOLO and #TreatYoSelf will end up leaving you #Broke.

In one year, these 18 basic and quirky ideas have brought my bank account up from $600 to $7,800. Saving money starts with controlling your money. Many people think that you have to make more money to have a large savings account but you don’t. Think about what happens when you get a raise? Maybe new car, new phone, or shopping spree. All that equals larger payments.

Ask yourself: Do I need this to survive? Most likely the answer is no.

A lot of people use money saving apps such as Acorns or Digit which are great—but you’re not the one doing the leg work. When you are the one that physically goes over your finances you become more informed about where your money is being spent. Think of it like school, if you listen to a lecture and take notes you’re more likely to retain the information.

I truly believe that you will have much better results by sitting down once or twice a month to add up all of your expenses beyond your bills. You’ll be able to really see where you can cut back also it’ll make you much more motivated to save that money!

Start by listing out all of your expenses & incomes. Whether that be on paper, word, or excel; Calculate what you’re supposed to have left over after you pay all of your monthly bills. Take that number and divide it by 4, boom you now have your weekly allowance. Here is what my Excel document looks like:


Stop Paying for:

1. Cable! Get a Fire Stick or something similar ($103/month = $1,236/year)

2. Ipsy, barkbox, or whatever you subscribe to ($10/month = $120/year)

3. Skip the daily Starbucks or gas station coffee. Instead, BREW YOUR OWN ($3/day = $780/year)

4. Quit the $5 lunches and strive for dollar meals. A bag of frozen veggies is $1 (+healthy) ($4/day = $1,040/year)

Start:

5. A Savings account & transfer $50/week into that account ($2,600/year)

Just these five things alone equal Savings of $5,776 dollars ! ! ! !

That is easily Two All-Inclusive trips or 4 properly planned trips!


Basic ways to save:

6. Twice a year call all of your carriers (cell phone, car insurance, etc) to make sure you’re getting the lowest rate possible. Every little bit helps.

7. Make sure you’re getting money back for simply paying your bills or buying gas. Seek out a debit or credit card that earns you cash back.

8. Make sure your checking/savings account is paying you interest.

Charles Schwabb is highly recommended!! Plus NO ATM fees world wide!

9. Sell things you DO NOT use. I’m so guilty of holding onto things for way too long; Whenever flare jeans come back I’ll be set with my American Eagle jeans from 2002… Try Facebook marketplace, offer up, ebay, etc

10. Consider getting a second job. Look for something flexible, such as bartending, teaching English online, Upwork, or Fiverr. Bartending 8-10 concerts a year pays for all of my plane tickets.

Outside the Box ideas:

11. Swap out that nasty toilet bowl cleaner and use vinegar or cheap mouthwash instead. It’s cheaper and better for the environment. We call that a win/win.

12. Buy less meat! Try meatless Monday’s or only buy it when you’re dining out or having a nice Sunday roast.

13. Buy in bulk; If you know your family is absolutely going to consume 15lbs of Skippy Peanut Butter or 1,000 fish sticks consider getting a Costco membership.

Again, the goal is $1 lunches. Buy frozen vegetables, quinoa, and other foods that will last in bulk. Make meals go a long way for very little money.

14. Limit the mani/pedis! Ladies, seriously they’re so expensive! Trust me I feel the #TreatYoSelf moments. You’re beautiful the way you are so try and limit it to special events only.

15. Get a friend in every field. What does this mean? Instead of buying a brand new coffee pot every time it breaks, ask one of your friends and save on high hourly rates for repair costs.

16. Points!!!! Have a credit card that pays you with travel rewards. (Chase Sapphire is amazing)

17. Norwex ! ! Stop buying paper towels and new kitchen towels from Target every other month.

As a clean freak, I absolutely love the BAC (Basic Antibacterial Cloth) line; they’re threaded with silver. Which means they will NEVER ever get that nasty dishrag smell!!! Silver is the oldest antibacterial and it is still heavily used in health care today. Especially with patients who’re going through chemo therapy.  The tape around they’re IV sites are actually threaded with silver to prevent any possible infection. The drops newborns get in their eyes when they’re born have silver in them. If you’ve ever had a nasty burn, the cream they give you is silver-sulfadiazine.

Ok great, how do they save you money? No more buying chemicals to clean your home. Simply just add water and go to town! Since my puppy Porter loves to put his nose prints on literally everything the glass cleaner rag has become my favorite!! Plus no more buying Windex by the gallon!

18. Reduce, Reuse, Recycle. We all know the saying. Now stop and think of weird ways you can apply that to your life;

Quit buying disposable items: paper plates, cups, bowls. Bring back cloth napkins!

Skip buying plastic wrap, aluminum foil, and plastic baggies. Instead use Mason jars or Tupperware. All of my fancy containers come from Chopsticks! <My local Chinese spot>

Now, it may seem like cancelling everything in life that costs you money would be boring. But, I promise you will survive and still have plenty of #TreatYoSelf moments all while you stack that dough. There are so many great ways to save! Please feel free to share ideas in the comments.

If you’d like a copy of the Excel spreadsheet I use, send me an email.

“A penny saved is a penny earned”

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