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27 Ways to Save Money

moseabod


  1. Buy Prescription medication at Costco Without a Membership, usually cheaper

  2. Find higher interest savings accounts especially TFSAs

  3. Carry Cash when going shopping

  4. Skip the Rental Car Insurance: A lot of private auto insurance policies and many major credit cards provide coverage for rental cars, particularly when rented for personal use instead of business.

  5. Make a DIY Cleaner at home (vinegar, baking soda, water)

  6. When buying pre bagged produce always weigh the bags before selecting the one you want to purchase. The weight marked on the bag is the minimum required by law, and some bags will likely weigh in higher, even though they cost the same.

  7. Unless you have a large list, don't use a shopping cart (discourages excess shopping)

  8. Collect Rainwater for your garden instead of always using the hose

  9. Stay Away From Extended Service Plans

  10. Choose the Store Brand if the ingredients are good. (25-40% cheaper)

  11. Grow produce in your backyard or garden

  12. Automate money into a savings account every month

  13. Check if your company matches 401k/rrsps

  14. When you get a raise use it to save more money

  15. Plan non-spending days or non spending-weeks. (Only purchase absolute essentials)

  16. Use Cheaper cuts of meat and protein alternatives (legumes, canned fish, Greek yogurt)

  17. Buy some foods from online retailers

  18. Try the baby isle for products like lotions and powders as they're cheaper with less chemicals too

  19. Make coffee at home

  20. Contemplate big purchases for 30 days before buying

  21. Learn to fix things on Youtube

  22. Sell excess clutter for cash (Garage sale, kijiji)

  23. Thrift shop for certain items

  24. Avoid pre packaged meals/foods

  25. Wait for sale times of the year for big purchases (usually November-december)

  26. Pay down credit card balances to avoid high purchase interest payments (costs 100ds-1000ds per year)

  27. Contribute a portion to an emergency fund every month don't use it for anything else other than emergencies


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