Even when I’m home, I’m not safe from the ease of spending my hard-earned cash. My online shopping habit is constantly reinforced by the temptations of Amazon Prime, Zappos, and other online retailers. Not to mention, when I’m home I tend to leave every light on in the house and jack up the thermostat to keep myself comfortable. But avoiding my laptop and cutting back on my online time is not realistic. (Let’s be real people, it’s impossible!) So, how’s a girl to supposed to save money?
Well, come to find out, it’s not that hard. Even the simplest changes can make a difference in your monthly spending habits and bills. We suggest trying to establish these habits, so you can learn how to save money at home:
Save your change
Every penny counts! It may sound old-fashioned (I can hear my Granny Annie’s voice saying it over and over), but piggy banks and empty jars filled with change can really add up. NerdWallet suggests depositing the change straight into your savings - rather than checking - account.You can also use budgeting apps like Qapital and Mint to manage the money that's already in your accounts.
Be smart about food
Cooking at home is another smart money move. (Say goodbye to my Domino’s Pizza delivery.) Preparing dinners at home each night and bringing leftovers for lunch the next day will help you to avoid spending on overpriced mid-day meals. Added to that, take stock of the items you already have before heading to the grocery store. If you make a list before leaving, you'll be more likely to avoid unplanned and unnecessary purchases. Finally, make sure you shop at the most affordable grocery stores in the area.
Embrace your green thumb
Go green and start a garden to grow your own fruits, vegetables and herbs. Not only will they taste better, but you'll also save money on pricey produce at the grocery store.
Try the generic brands
Save a few bucks every time you need new socks, cereal, shampoo, cosmetics, cleaning products and other household supplies by trying the more affordable generic brand versions.
Be energy efficient
Wasting energy is bad for the environment, but it also takes a toll on your wallet. Simple habit changes and home adjustments can conserve energy
and lower your energy bills, such as unplugging electronics when they're not in use, insulating your home
, sealing air leaks and investing in ENERGY STAR appliances
. While you're at it, follow these tips for conserving water at home
and consider home improvements that can lower electric bills.
You could also save money in the long run by being prepared for unexpected costs. That’s why being prepared for home repair emergencies is always a good strategy. See how plans from HomeServe can help with the costs of covered repairs.
Cancel the unnecessary subscriptions
Take a hard look at all your monthly subscriptions and cancel the ones that are no longer necessary or of great value to you. For instance, if you aren't showing up at your gym more than once a week, consider canceling and trying at-home workouts instead. Also, if you rely on streaming services, consider cancelling your cable or bundling it with your internet to secure more monthly savings.
Regularly declutter your home and get rid of the items you no longer need. Organize your closets, garage and other storage spaces where unnecessary hoarding generally takes place. Then, you can have a yard sale or sell clothing at second-hand or consignment stores, as well as enjoy the tax refund from charitable donations.
Practice home maintenance
Take care of your appliances and home systems to avoid hefty repair and replacement costs. Create a schedule to stay on top of these tasks on a monthly and seasonal basis. Here are some guides, checklists and tips that can help you get started: