Are you trying to find ways of saving money and keep a few extra notes in your wallet? If you have substantial monthly expenses, it may seem like an impossible task.
If this situation is real, here are money saving skills you need to revive and take into practice. Some of them have been used for a long time but trust me they are fun and engaging.
Take a few of them into consideration, and you might as well enjoy how much you will have accomplished at the end of the month.
This is an age-old practice. It is the most extended living art of fending for yourself without incurring enormous costs.
For a few dollars or less than a dollar, you will gain access to a variety of vegetable seeds that are easy to grow after watching DIY gardening videos on YouTube.
Gardening is a great way to save money from a small unused patch of land in your garden with good soil and a handful of seeds.
Consider how much you would save from planting a packet of tomato seeds worth $5 and buying from the market a package of tomatoes worth $5.
2. Homemade foods
As it turns out, not everyone loves cooking. But honestly, everyone can cook from salads to simple meals with little or no assistance. Ever wondered how much you spend on the coffee and doughnuts you pick up every morning or fast foods you buy each day at lunch?
The harsh truth is that your food budget increases every time you visit a fast food restaurant throughout the week.
Consider making your coffee at home or making a simple vegetable salad for lunch and see how much you save on a weekly basis. There are plenty of recipes on the internet on making great meals from scratch so take your time and learn.
3. Keeping poultry
As dull and time consuming as this may sound, even so, this may be your pathway to rediscovering a new you.
Didn’t think so? Keeping a few hens for meat and eggs may save you a pretty penny even though the cost of maintaining them may even with buying these from the market.
You may decrease this cost by letting them free range or feed them food left over and grain waste.
4. Mending clothes
For any lady reading this, you may have encountered needlework in your high school years during home science lessons. The beauty of this is that you get to use your hands on every step of the process.
Mending extends the lifespan of most clothes by merely sewing back buttons or working on seams. Buying second-hand clothes will also decrease your costs for clothing considering that most are cheap and stylish.
5. Paying in Cash
Despite what you may have heard, paying in cash is smart to people who wish to cut down their costs on spending.
In this age of credit and debit cards, this skill may seem old-fashioned and out of culture, but did you know that most people tend to spend more when paying with a card. Has this ever happened to you?
Here is something else you don’t know. Keep in mind that most times when paying with cash it is possible to bargain the items price and pay a lower amount than the marked price.
6. Spend less on transportation
It would cost less buying your kid a bicycle to cycle to school or walking to work than using a car getting to work each day. Remember, this only applies if your workplace is a walking distance.
You can also spend less on transportation by using public means of transport other than using your car every day.
Far-fetched? Not at all. Having in mind that this is one of the oldest trading skills, it is astonishing that it never crosses anyone’s mind at any time of need.
To barter is to trade your skills, time or goods for someone else with a similar interest as yours. This works out great between friends and family, and if put to good use you can save on a lot of costs.
For example; I could trade some of my surplus garden produce for babysitting time or a more productive thing like guitar lessons. How fun is it?
8. Food preservation
This is a skill that most people get accustomed to from childhood to adulthood. Did you know that keeping that leftover food in the fridge is a means of preservation? The odds are that it didn’t even occur to you.
Now, of course, you already know that canning, freezing, dehydrating and refrigerating are but a few common food preservation methods.
Food preservation comes in handy when you purchase a lot of produce which you are going to use for an extended period. So here is why you might need to buy a large fridge for all your preservation needs.
9. Fishing or hunting
Considered as a sport in past times fishing and hunting is enjoyable even for newbies. Just imagine the joy of a fish clinging on the hook at the end of the fishing rod or smelling the fresh blood of a wounded deer.
These are skills worth having and keeping especially for people who live near lakes and rivers.
Fish is quite a delicacy as a meal. Moreover, it is pretty apparent that store-bought meat is slightly expensive than a baited fish or a wild turkey.
Be Warned: You might need to consult the nearest wildlife offices before going on your hunting expeditions.
10. Going secondhand
Probably this is not everyone’s cup of tea. Nevertheless, buying stuff secondhand saves you a great deal of money.
The reality is that worn clothes cost much less than firsthand clothes from fashion shops and to add to that; their low prices let you buy a lot more.
With children, it is especially fulfilling since many kids only need and use certain things for a short duration, for example, a toy and clothes.
Secondhand electronics also cost much less than new electronics. So next time you are buying a phone for your teenage boy or girl consider a refurbished iPhone.
Can you see the difference?
I am sure there are more ideas that you can come up with that will enable you to save a relatively large amount of money and use it for other needs.
Some of these money saving skills may be old fashioned, but it doesn’t mean that we should dismiss them because they will help you save money and live a better life.
The next time you are buying something, ask yourself if you can find a cheaper alternative and make it your duty to execute the better option.