My Personal Strategies for Saving – and How I’m Doing

8 Jun

If you were to ask people if they were wanting to save money, most would say, “yes.” But if you were to look into their bank accounts and see how much they’ve actually saved in the last month or two, it may not reflect that. I think the problem is we WANT to save, but we don’t decide HOW we’ll save. So several months ago I can up with some personal strategies that I wanted to try to save money. They were all either things I wasn’t doing, or wasn’t doing as faithfully as I wanted. Most of them are really small ways of saving, but every little bit counts! I thought I’d share them with you and also update you on how I’ve actually been doing on them.

  • Make a price book– I have it started, but haven’t finished it. The information I’ve already gathered has proved to be very helpful though!

    My jeans and belt and Gracia's jacket were all Goodwill purchases.

  • Shop more at thrift shops – I have been doing this more! And I’ve gotten some good, but cheap purchases!
  • Cook more with cheap ingredients – The only way I can think of that I’ve increased the amount of cheap ingredients we use, is that we eat oatmeal a lot for breakfast (and when I say “we” I really mean my husband and daughter. I only eat it about once a week, I prefer toast or a smoothie). A big container of oatmeal makes for some really frugal breakfasts, but since Cameron and Gracia are the ones that eat it the most, I guess they should get the credit! =)
  • Use up 99% of leftovers – Yeah, I think this is the area that I’ve failed the most in. Just yesterday I threw out a bunch of bad smelling beans from the fridge. =(
  • Learn how to not waste food “scraps”– This sounds similar to the last one, but what I mean by it is trying to come up with ways to use up things like veggie peelings and things that I normally toss without any thought. I keep the skins on potatoes for most recipes and the other day I cooked a whole chicken and made broth from it, and the only veggies I used were “scrap” pieces! I may post about it. I also made

    Cook with cheap ingredients

    some stir fry a couple days ago and decided to just scrub the carrots instead of peeling them.

  • Make and use postcards – Post cards can be fairly cheap to buy and are cheap to mail. I read in the Tightwad Gazette that you can even make your own using the front side of old cards. I’ve been really scared they wouldn’t let me mail a homemade postcard, but I finally asked the lady at the post office and she said I can. Just need to make sure it’s the right size and the picture can only be on one side….but I haven’t done it yet…
  • Make more gifts and buy less – I feel like I’ve done pretty good in this area. I still buy most of the gifts I give, but I have made several. I made 3 hats as Christmas gifts last year and recently made a baby blanket for my cousin’s new baby. Making gifts isn’t always cheaper, you have to be careful. But, for example, I’ve found a kind of yarn that is inexpensive, but still soft and comes in pretty colors for baby blankets, so I can make a baby blanket as a gift for about $6. It does take a lot of time, but I don’t mind that since I enjoy crocheting.
  • Save butter wrappers to grease baking pans– I’ve been doing this! When I use up a stick of butter I just fold the wrapper up and stick

    Homemade Salad Dressing

    it in the butter drawer until I need it! Works great!

  • Do more from scratch  (like: salad dressing, yogurt, dip, Bisquick, Worcestershire sauce) – I have made salad dressing, but have bought some too. I’ve only made yogurt once and that was quite a while ago. I’ve started making my own veggie dip with sour cream and it’s super easy, I need to share the recipe. I’ve made a Bisquick mix, but I haven’t attempted Worcestershire sauce and don’t know if I will. And me and hubby made some energy bars this weekend.
  • Buy no gift wrapping materials – I feel very successful in this area. The other day I was trying to remember when I last bought wrapping paper or gift bags, and I can’t remember. It’s probably been about a year. I reuse gift bags and tissue paper (or if I don’t have any tissue paper I just skip it).  And I still have wrapping paper from the last time I bought it. I’ve also used an old flight map to wrap a present.
  • Reuse aluminum foil – I’ve always reused ziploc bags, but only recently started reusing aluminum foil. If it’s a piece that’s small, torn or really hard to clean I toss it, but other than that I wipe it down, fold it up, and tuck it away for next time.
  • Rent less from Redbox – I’m a big fan of Redbox, it’s way cheaper than movie rental stores, but I figure we have plenty of other ways to entertain ourselves right now(netflix, games, hulu.com, etc…) . We used to go about 2-3 times a month, now it’s more like once.

NEW STRATEGIES (I thought I’d add to my money saving strategies)

  • Start trying to let Gracia take her naps without a diaper – Gracia wears 2 diapers a day (unless we’re traveling or something). She wears one at nap time and one at night. I’m gonna try to see if she can make it through nap time without one, she’s done it a few times and so far so good. This will cut our diaper use in half and at about 25 cents per diaper we could save $7.50 a month.
  • See how low I can get our grocery bill – This has it’s own strategies in and of it’s self. You can check out this post for them. And follow along on my grocery journey.
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2 Responses to “My Personal Strategies for Saving – and How I’m Doing”

  1. shortbreakscornwall June 8, 2011 at 8:26 am #

    Stick to trying to improve with your leftovers. I’ve made some fantastic sandwiches for work with the previous nights leftovers on so many seperate occasions now. Just be creative and remember, don’t let food go to waste.

    • purposelyfrugal June 8, 2011 at 8:35 am #

      I really do want to do better with my leftovers! Thanks for the advice!

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