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Budget Saving Tips To Help Prep You For The New Year

It’s a brand new year and this year I have decided to purge more than just junk in my closet.  I’ve decided to do things differently this year as one of our main goals is to save money, pay off some bills and enjoy the year a little more than we did last year, debt free and loving life!  Here are some great tips to help you save money for 2014 and the year ahead.

Create A Gift Box

When you are shopping and you see an item on sale, pick it up.  Wait, I know you are saying — you want us to spend money?  Yes I do. Look for items for birthdays, celebrations, items for a baby shower coming up, or the holidays.  As bloggers we get products to review all the time, so a gift box only made sense to me. However when someone is on sale and I think of it for someone. I grab it and in the box it goes. This goes a long way to saving during the year when your kids have a birthday party to go to, a gift for a teacher or mom’s birthday. Just open the box and grab and go.

Carpool

Whether it’s for work or home, carpooling can save you tons of money on gassing up.  Our neighbor takes our son to school and picks him up. We pay her some gas money to do so. She’d headed to the same spot we are, and our boys all get along. It only makes to use one vehicle instead of two.  This is the same for work.  If you know a friend you work with, offer up some money for fuel and carpool it in. This way you aren’t spending extra money on gas or vehicle maintenance you don’t need to. Plus it’s better for the environment!

Start A Savings Account

Visit your local bank and ask them about the different savings accounts they have so you can stash away some cash for that rainy day. The account we have is an automatic savings. Every time I use my debit to purchase something, which I use debit all the time. A dollar comes out of my checking account and goes into my savings automatically. I don’t miss a dollar here or there. You’d be amazed at how quickly twenty bucks is put into my savings without me knowing.  It’s a great way to save and budget.

Warm up to a Fireplace

If you want to save money and have electric heat which is super expensive right now here in BC. Go and buy an electric fireplace. You’d be amazed at the savings.  We turn on our electric fireplace, which we purchased at Walmart for less than $150 and turn our baseboard heaters off at the box.  The fireplace heats up to 1500 square feet which is our downstairs and keeps us snug and warm. The savings in the long run are worth it, and besides it’s always nicer to sit by a fire.  If you have a wood burning fire place USE IT, wood is cheap.

Plan Your Meals Before Shopping

It’s easy to spend more than you want when you don’t have a list. You go into the grocery store, wander the aisles and suddenly before you know it, you’ve spent $300 bucks.  Plan your meals before you go, and add anything you think you might need. Keep a list by the fridge of things you run out of (ie: toilet paper, dish soap, laundry detergent, pet food) This way when it comes time to shop you go in, get the items you need and get out while still having money in your bank.

Don’t Splurge But Purge

Go through the house and get rid of anything you aren’t using, but don’t throw it out. Many local areas have bidding war sites on Facebook or Craig’s list. Sell those unwanted items and make some extra cash to throw into your savings. You’d be amazed at how five bucks here and there can help when it comes time to needing extra help financially.

How do you save money? What are your great money saving tips?

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