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Financial, Lifestyle

Your Top 5 Money Saving Hacks

How can I save money? That may be a question that you have asked yourself at least once. Whether you are saving out of need, or you are saving out of necessity, read along and find your new favorite money saving hack. What you choose to do with your newly saved money is up to you.

Money Saving Hack #1: Couponing

Of course, I had to mention couponing. Being a fellow couponer, I understand the significance of using coupons to save hundreds of dollars. I have been couponing for about a year-and-a-half, and it becomes difficult to buy ANYTHING without a coupon. Couponing goes beyond food and grocery, I buy clothes, shoes, travel arrangements, and even for coupons, themselves.

Couponing, for me, is therapeutic but can get tiring. However, when you see your savings on your receipt, I promise the stress, the time spent planning, and the (sometimes) frustrating execution is completely worth it. Couponing is a great way to save some money.

I am not suggesting that you will become an extreme couponer. If you do, then kudos to you. I am, however, saying that for as little as $5 a week, you can save hundreds of dollars a year. You can even save thousands if you are consistent and dedicated to the savings. Personally, I am not, I do not have the time, BUT I enjoy my hauls nonetheless.

money saving hack - couponing

Money Saving Hack #2: Shop Clearance

I used to think that I was too good to go to the clearance rack. (Who did I think that I was? *rolls eyes at myself*) Since starting college, that seems to be my favorite place when I am shopping. Clearance does not necessarily mean that it is torn up and the worst-of-the-worst. It can simply mean that there is an overstock, it has been in the store a little longer than expected, or it could mean that someone has damaged it. If you can work a sewing machine and are interested in fixing the holes in clothes, then go for it. Me, on the other hand, I am not, so I try to avoid anything that is damaged.

Ross, Marshalls, HomeGoods, and TJ Maxx are great stores for shopping in the clearance sections. Not only are their prices cheaper anyway, but it gets to be rock-bottom pricing when it hits clearance. (Side Note: Just last month, I was able to buy this cute 20-piece TSA-approved traveling makeup bag for $3. It contained clear containers for everything from hairspray, to mouthwash, to lip balm.)

Money Saving Hack - Secondhand Shopping

Money Saving Hack #3: Shop Resale/ Secondhand

There seems to be a negative connotation with buying resale/ secondhand. Maybe because I worked at a resale clothing store for a few years, it does not seem to bother me as much. Resale, Consignment, Thrift Stores, and Flea Markets all contain things that are second hand.

You can find some amazing things at all of these places. On top of that, not everything being sold in these shops are used. Sometimes people sell things that are brand new. Do not allow pride to keep you from saving money. I have found amazing things at several of these places.

For furniture, some of the best places to find some for a lower price are at flea markets, outlets, and donation centers like Goodwill. At flea markets, prices can often be negotiated, leading to even bigger savings! Also, the furniture that you buy can be flipped, if you are into that kind of work and creativity.

With clothing, there are several places to buy clothing, jewelry, and accessories. Resale, consignment and thrift stores can also be places to trade/sell clothing. I think about GirlBoss and Nasty Gal founder, Sophia Amoruso, and how she flipped designer clothing from a thrift store. I am not suggesting that this may pique your interest, but there are great things to be found from these kinds of stores. Furthermore, it could be more helpful to sell some of the things that you are no longer wearing to buy new items.

For books, I love to go to secondhand stores such as Half Price Books. Additionally, I buy a lot of my books through Amazon and Amazon Kindle.  They have more affordable prices, and you can choose which quality books you want. How can you go wrong with any of these savings?

Money Saving Hack #4: Rewards Programs

Personally, I am a sucker for rewards programs. Whenever I begin trying a new product or store, I find out if there is some sort of rewards program. While most programs require you to spend a certain amount of money up front, the rewards tend to be even better.

For instance, I have an A’Gaci Store rewards account. This is a store that I tend to use as my go-to store for pretty much everything. When I shop, I pretty much only buy sale items, and when my points add up, I get a $20 rewards. Just last month, I was able to buy two pairs of shoes for free with the rewards.

Several stores have rewards programs for pharmacy (CVS, Walgreens, etc.), grocery (Kroger, Randalls, etc.), beauty/makeup (MAC, Sephora, etc.), and even clothing, shoes, and accessories (A’Gaci, DSW, Macy’s, Nordstrom, etc.). These programs are worth signing up for, especially when they are free to enroll. Additionally, they will send coupons and discount codes that add additional savings.

Money Saving Hack #5: Find the Best Time to Buy/Book

There is a hack for everything in life. There are sale cycles for everything, and to be most cost-effective, you must learn the sale cycles. For instance, stores like Victoria’s Secret and Bath & Body Works have grand semi-annual sales. Other stores, such as online clothing boutiques, have ongoing promotions and different sales going on monthly. It is up to the consumers to find the best sales. When you are able to find the best sales, shop only during those times to get the most savings.

Saving money does not have to be hard. It does not even have to take a long time. There are so many sources available on the Internet at our disposal. Take advantage of finding these deals, and make it a point to save some money.

What are some of your money-saving hacks? Leave them in the comments below. If this post was helpful in any way, I would really appreciate shares. Thanks!

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3 Comments

  • Reply ellie

    rewards program cards and opportunities are amazing! It’s fantastic how much money you can save through them! Great ideas!

    Ellie | http://www.scotchandstilettos.com

    May 24, 2017 at 9:45 AM
  • Reply Nancy at Miles For Family

    Great tips! I try to do all of these things, but sometimes I get lazy and just don’t.

    May 24, 2017 at 9:14 PM
  • Reply Jennifer Smith

    ThredUp.com is my favorite for secondhand clothing. Check it out, you’ll love it! Here’s my referral link so you can get a $10 credit: http://www.thredup.com/r/KO9NZ4

    May 25, 2017 at 10:10 AM
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