how to save money - money-saving tips that actually work

Learn how to finally save money and get access to practical money-saving tips and helpful resources for better money management!

Money doesn’t grow on trees. With inflation and the volatile economy, many people are looking for ways to extra spending money and save on monthly expenses.

Some people are juggling two to three jobs, taking freelance work, and doing a bunch of gimmicks to supplement their income.

Saving money is not an easy task when everything you do almost always necessitates spending it. That is why it helps to find ways to cut down on bills and other expenses.

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6 Money-Saving Tips

From trying DIY to changing your shopping habits, here are some money-saving tips you can try at home.

1. Try DIY

Hiring professional services to fix minor problems at home can cost a lot.

For example, plumbing services are charged per hour from $45 to $150. If you call in a contractor for every tiny renovation, expect to pay $50 to $100 per hour. That doesn’t include the cost of hiring a helper, which is $40 to $50 per hour.

Maintaining your home will cost you some bucks, but you can lessen the expense by doing home repairs and construction on your own.

However, don’t overestimate your capability or underestimate the scale of the job. A botch up job will only cost you more.

Get a professional when the work is too big or too complex for DIY.

Still, there are many maintenance tasks you can do on your own.

Cleaning filters, repainting walls, installing hooks and organizers, and ever refurbishing furniture are well within many homeowners’ capabilities, as long as you do your research and come in prepared.

Aside from home repairs, you can also rely on your DIY skills and favorite craft supplies to organize and beautify your home without spending too much.

You can create simple yet elegant and useful organizers out of boxes and used containers to store your stuff. 

2. Sell Things You Don’t Use

One person’s trash is another’s treasure. What you think is junk may still be useful or wanted by somebody else.

Don’t throw the things that you don’t use or want anymore. You can find a new purpose for these items or better yet, earn from them.

To follow this one of the money-saving tips, sort out all the things you no longer use, including clothes, accessories, organizers, and trinkets.

You can throw out or recycle items that are too damaged and impossible to use. Separate stuff that is still in good condition, and put it up for sale later.

Consider selling your apparel online through a website instead of starting a garage sale. This way you’ll have better reach and more potential buyers. It won’t cost you more than opening a physical shop.

3. Save Water and Energy

Aside from the environmental impact, saving water and energy has other benefits for you.

Every month, homeowners pay hundreds to thousands of dollars on water and energy bills. You can reduce your monthly utility bills by being conscientious about your use of water and energy, as well choosing water- and energy-efficient fixtures and appliances.

For instance, if you replace standard incandescent light bulbs with compact fluorescent lamps (CFLs) and light emitting diode (LED) bulbs, you 25 percent to 80 percent energy per year.

A CFL bulb can produce the same brightness as a 60-watt incandescent bulb while only using 13 watts of electricity. A LED bulb only uses 10 watts.

Energy-efficient light bulbs may cost more when you buy them, but the long-term savings are well worth the extra dollar and cents.

Such energy saving tips will help you save in small steps but will make a big difference to your budget.

Don’t neglect your bathroom fixtures too.

Most of the water usage inside your home happens in the bathroom, and that’s largely because of your shower and toilet.

Changing to a low-flow shower will save half a gallon per minute. Replacing your old toilet with a water-efficient one will also save about 2 to 6 gallons of water per flush.

You can change your appliances and fixtures to reduce your water and energy use at home. But that won’t have much impact unless you change wasteful habits, like leaving unused appliances plugged, letting the faucet flow while brushing your teeth, and turning the TV on as background noise.

4. Change How You Buy Groceries

Save $50 to $500 a months by changing how you buy your groceries.

Unless you have a particular or health-related reason, buy generic groceries or supplies instead of well-known or branded ones. Brand-name items are priced a few dollars or cents more than generic items, but there really isn’t much difference in quality. 

You can save on commodities, like food, toiletries, cleaning supplies, and pet items.

Just remember to keep a few shopping reminders in mind, such as checking the nutritional facts, materials, and expiration date.

Also, no matter if there’s a bargain or not, don’t buy more than what can you need. 

Keep these grocery shopping savings tips in mind every time you go to the store.

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5. Insulate Your Home

Save on heating, repairing moisture-caused problems, and cleaning costs by insulating your home.

Insulating your home from the roof to the foundations can optimize your energy usage and prevent many problems, thus, saving you from future expenses.

For instance, insulating your attic can seal up cracks preventing pests and moisture from causing headaches in the future. Moreover, it will help maintain the temperature in the house, so the heater doesn’t have to work so hard, especially during the cold months.

Water pipes also need to be insulated to prevent leaks and keep water warm as it travels from the heater to the shower and taps. Use a water heater blanket to insulate your tank to keep water warm, especially in cold seasons.

6. Search for Coupons When Shopping Online

The next one of the money-saving tips you can try at home is about your online shopping habits.

Many people now do their shopping online. It’s fast and convenient. When you’re shopping online, don’t miss out on making more savings by searching for coupons and discount codes.

You can browse websites like RetailMeNot, CouponSherpa, and to find coupon and discount codes for your favorite online merchants. Retailers themselves also have promotions you can take advantage of to save money.

Also, search for codes at to save on shipping costs when shopping online.

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Everyone wants to save money, whether it’s to prepare for rainy days or to reach one’s financial goals. Fortunately, there are many things you can do to cut down on your monthly expenses and stay on track of your budget.

With due diligence and good habits together with the money-saving tips shared above, you’ll be able to reach the financial stability and goals you’ve set for yourself.

Everyone wants to save money and reach financial goals. Here are 6 money-saving tips to follow this year that actually work: