18.2.10

How To Save $6,282 in a year!

How can I cut back on spending? The small things add up quickly! Here are some ideas I shared with some BYU students:

Plan meals before going grocery shopping – save $260 (by not wasting $5 of food a week)!


Bake homemade bread – save $104 a year ($2 a week)!


Walk to school – save $360 ($30 a month) a year!


Wait for movies to come to the Dollar Theater or Redbox--if you see two movies a month, you save $228 a year!


Go jogging and/or use BYU’s workout facilities (free!) instead of gym memberships – save $840 (for two memberships at $35 a month)


Cook dinner together as a date instead of going out to eat -- save $780 a year ($15 a week)!


Organize coupons in business card sheet protectors in a binder. Take binder with you on shopping trips. – save $260 a year ($5 a week)!


Be conscious about utility usage. Reducing your bill by $10 saves $120 a year!


Replace tap water with a $1 bottled water, juice, or soda (or buy a Brita filter) – save $730 each year!


Pack a lunch (for $1) instead of going for fast food (for $6 per person) – save $2600 a year!


Search Craigslist.org or DI for gently used items such as sporting goods, vehicles, furniture, baby stuff


Shop consignment (Plato’s closet)

For more ways to save, go through your spending habits line by line and look for any way you can make adjustments.