Comprehensive List of Simple Money Tips
If your looking for cost cutting tips or you need to start saving money on your household expenses; then you should read our list of comprehensive list of everyday saving methods below.
From frugal shopping tips to common sense spending habits, it’s all right here. I have scoured the net and racked my brain to come up with these simple money tips and cost cutting tips.
Simple Money Tips for Everyone!
These are very simple money tips for the frugal and the money conscious reader. They are not what I would call ‘Extreme Money Tips’ like ‘Eating out of the pan’.
1. Shorten the time you take in the shower.
2. Consider cancelling your home phone line and use your mobile phone.
3. Switch to basic cable TV package and get rid of the premium TV and sports channels.
4. Get Consider renting DVD’s and CD’s from your local library rather than renting or paying for premium film sites.
5. Talk to your partner and children and get them to ‘turn lights, game consoles and TV’s off’ when not in use.
6. Walk or ride a bike when where ever possible.
7. Cut and fertilize your own lawn.
8. Buy a water filter instead of bottled water.
9. Avoid car repairs at the dealer unless it’s under warranty.
10. Sell unwanted items on eBay or Craig’s list instead of throwing it away.
11. Trade baby sitting services with family and friends.
12. Use coupons wisely by only buying what you need.
13. Pack your lunch.
14. Be careful not to stock up on ‘2 for1’ deals at the supermarket if you don’t need the two items.
15. Eat before you go grocery shopping.
16. Don’t buy it just because it’s on sale.
17. Compare prices online rather than driving all over the place.
18. Turn down the central heating thermostat a couple degrees in the winter.
19. Turn up the central air thermostat a couple degrees in summer.
20. Look for store and generic brands as alternatives when shopping.
21. Use left-overs for lunch.
22. Avoid multiple trips out. Go to the store, bank etc. on your way from work.
23. Use public transportation where possible.
24. Avoid vending machines. Take snacks and drinks from home.
25. Try a family meeting as a cost cutting brainstorm session.
26. Check your insurance rates by requesting new quotes.
27. Consider a car share with work colleagues.
28. Close off part of your home if it’s rarely used.
29. Learn to budget. Only spend what is planned.
30. Buy and trade used books, CD’s and DVD’s.
31. Consider renting a bedroom which has tax free benefits up to £4750 pa.
32. Shop the dollar store for gifts.
33. Make your own birthday gifts.
34. Buy in bulk for common items like soaps, dog food and rock salt.
35. Make your own pizza.
36. Grow your own flowers.
37. Vacation in a nearby town this year.
38. Go to the park for entertainment.
39. Buy tickets way in advance.
40. Research eBayand Amazon alternatives before buying locally.
41. Don’t eat meat with every meal.
42. Drop extras on your home and cell phone bills.
43. Don’t let the water run when doing the dishes or shaving.
44. Purchase necessities before you leave for vacation.
45. Ask for discounts on large purchases.
46. Ask for lower interest rates on current loans.
47. Consider switching your credit cards to a zero interest rate or a lower interest rate on balance transfer and on purchases
48. Have a friend cut your hair.
49. Use rechargeable batteries.
50. Drive slower and less often.
51. Get dial-up internet service.
52. Avoid pawn shops and payday loans.
53. Balance your checkbook so you never bounce a check.
54. Avoid late payment fees by paying bills on time.
55. Read your newspaper free online.
56. Refinance your house if the interest rates are lower.
57. Buy a used car for cash rather than buying new or leasing.
58. Shop for groceries at lower-priced discount food stores like Aldi and Lidl supermarkets.
59. Wait 24 hours before making a large purchase so you can access whether you really need the purchase.
60. Pay off your credit card debt and never use them again.
61. Exercise at home and cancel your gym membership.
62. Cut bank charges by shopping for a cheaper bank.
63. Drop bank accounts that charge monthly or annual fees.
64. Share and discuss cost saving methods with your friends.
65. Replace burned light bulbs with compact fluorescent or halogen bulbs.
66. Consider replacing old central heating boilers for a new and efficient system .
67. Change your own car oil.
68. Withdraw money from your own bank to avoid cash machine fees.
69. Barter with friends. “You fix my car and I’ll do your taxes” kind of thing.
70. Get a second opinion from another mechanic before paying for car repairs.
71. Forget loyalty when it comes to local stores. Shop where it’s cheapest.
72. Take advantage of “Kids eat free” deals when eating out.
73. Try ‘buy it with a friend’ agreements. You both want to rent a DVD? Share the expense.
74. Minimize impulse buying by making a detailed shopping list.
75. Take advantage of employee benefits such as a credit union or corporate discounts.
76. Save pocket change for Christmas or birthday presents.
77. Leave your children and husband at home when shopping.
78. Wash your clothes in warm or cold water.
79. Keep your car’s tires inflated to the proper pressure.
80. When shopping stay away from isles & sections you don’t need.
81. Negotiate commissions when dealing with agents and brokers.
82. Quit smoking and drinking alcohol.
83. Freeze leftovers & extras and work it into another meal later.
84. Having the family over for dinner? Ask them to bring something.
85. Agree with other adults that ‘Gifts are for kids’ and buy a card.
86. Turn down your water heater thermostat.
87. Make a game out of ‘making a present’ with young children.
88. Go to a product’s website for online coupons to print.
89. Use Topcashback and Quidco for money-back schemes
90. Keep old cloths and towels as rags for the garage.
91. Read magazine articles online for free.
92. Share rental expenses such as a carpet shampooer and power sprayer with friends and family.
93. Let older children buy their own cloths and extras.
94. Check local farms and farmer’s markets for cheaper food.
95. Eat turkey even when it’s not Christmas or Thanksgiving.
96. Don’t buy sodas at restaurants, drink water. It’s cheaper and healthier.
97. Buy your pet’s toys at the pound shop.
98. Cover your windows with plastic film in the winter to help insulate your home if you don’t have double glazing.
99. Sell your clothes at the shops that buy used clothes for cash.
100. Call your phone and broadband provider and ask for the best deal every 6-12 months.
101. Check your store’s discount bin to see if anything there’s on your list.
102. Visit your local charity shops for clothing and other household goods.
How To Use These Simple Money Tips
Start with a few of the simple money tips. I suggest you start with a few money tips that will save you the most money when you start. This will get you off to a flying start and will show you the power of making a few changes to the way you spend money and how you think about spending money and how you use products and services that you are paying for.
Once you are successfully saving money with a few money tips then you should slowly introduce more simple tips over time. Don’t start by introducing to many simple money tips at one time. Slowly, slowly catch a monkey!
If you have any simple money tips then please drop me an email and I will include it to our list.