The Simple Dollar has 100 Tips for Saving Money
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The Simple Dollar has 100 Tips for Saving Money

Posted on Wednesday, April 11th, 2018 at 7:00 am
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The Simple Dollar is an excellent website for people who are looking for ways to save money. They put together a blog post titled “How to Save Money: 100 Great Tips to Get You Started”. Here are just a few of those tips that sound extremely easy to do.

Turn off the TV
One way to save some money on your electric bill is to get into the habit of turning off your TV when you aren’t watching it. The best part of cutting down on the amount of TV you watch is that you won’t be watching ads. Many people allow ads to influence them to make purchases they don’t need. Less time spent watching TV means you can avoid the ads and save money.

Try the 30 Day Rule
All of us have made an “impulse buy” at one time or another. People who shop for emotional reasons (and not because they need something specific) are likely to buy things without thinking about whether or not they have the money for it. The Simple Dollar suggests that you use The 30 Day Rule. Don’t make that purchase today! Wait for 30 days. Your urge to buy that item will likely disappear.

Drink More Water
You can lower your grocery bill if you stop drinking a lot of soda, juice, and sugary tea. and start drinking more water. Bring a refillable water bottle with you when you are out and about. When you get thirsty, you won’t be as motivated to purchase a soda. This simple practice can save you money and help improve your health.

Turn Off the Lights
Your parents were right – leaving lights on in rooms that no one is in costs money. Get into the habit of turning off lights before you leave the house. Take it a step further and turn off lights in rooms that no one is in at the moment. During the day, you can open the curtains or blinds and let the sun shine light into your home.

Buy Used When You Can
Before you buy something brand new from an expensive store, take a look at the thrift stores in your area. You can buy used clothing – that looks as good as new – for a lot less money than if you bought a similar item from a retail store. Used book stores are excellent places to purchase books that are new-to-you. Some used book stores will give you store credit for books that you donate to them.

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.