Small cost cutting tips

September 29, 2008

The old saying goes, “When the going gets tough, the tough get going.”

Unfortunately, many individuals and families are in a financial situation where they have to toughen up their attitudes and tighten up on their finances. Sometimes tightening up the purse strings means saving every little penny possible.

Here are some very frugal ways to save money keeping in mind that every little bit helps and eventually adds up:

Reuse plastic baggies. If you buy plastic baggies to take sandwiches for lunch (hopefully you are taking your lunch to work instead of dining out), bring the baggie home, wash it and reuse it.

Buy a reusable lunch bag or better yet use leftover bags from shopping to take your lunch to work. The plastic bags you get at the grocery store have tons of uses.

Drastically reduce your electric consumption. Lower the temperature on your hot water tank. Wash your clothes in cold water and line dry them instead of using the dryer. Skip the dishwasher. Don’t leave lights on when you’re away. Don’t leave plugs in outlets with nothing attached, ex. a cell phone charger with no phone plugged in to it.

Conserve water as much as possible. Put a brick in the back of your toilet so it uses less water. Take short showers. You can get wet, turn the water off while you shampoo and soap up, and then turn the water back on to quickly rinse off.

Make your own cleaning products. Vinegar, lemon juice, rubbing alcohol and baking soda are just a few of the products you probably already have in your home that can be used for household cleaning.  Check out this article on The Dollar Stretcher with recipes to make your own household cleaners.

Start clipping coupons and only buy what’s on sale at the store.

Need clothing or a home item? Check out your local thrift shops or online sites like Freecycle.org where people list items they no longer have use for and want to give them away. And don’t forget to shop at your local dollar store.

What cost-cutting tips do you use? Please share your ideas.

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