5 Awesome Money Saving Tips

by Krantcents · 28 comments

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There are so many simple money saving tips around that even your mother could remind you to do. Things like ‘turn off the TV at the switch’, ‘check the taps and showers don’t leak’ among others. We have compiled a list of some of the best and most awesome money saving tips that you can do at home.

 

These awesome money saving tips are actually useful, and you might even find them fun.

Tip 1: Sign up for a Frequent Flyer rewards program

There are plenty of frequent flyer programs out there offering great rewards for everyday spending. Most supermarkets have some kind of system that rewards you for shopping at their store. Spend enough at one chain and you’ve earned yourself free flights.

If you haven’t got enough frequent flyer points saved for a holiday, remember you can always save money on holidays by going camping. Camping is a rewarding experience that you can easily enjoy with your friends and family.

Tip 2: Get an awesome piggy bank

We’ve all had plenty of loose change floating around in our wallets, pockets and cars. Lighten the load by putting your spare change into an awesome looking piggy bank. If you get yourself a hip looking bank, you’re more likely to enjoy paying attention to it. Once it’s full, take it down to your local bank to convert your small change into useful money. Deposit enough money and you can even earn a little extra interest on your savings. For readers in Australia, check out UBanks high interest savings accounts.

Tip 3: If you drink beer, try brewing your own

We know this one isn’t for everyone, but it’s still awesome and will save you money. Home brewed beer can be a fun experience and leave you with a great tasting end product that you can share with your friends. Home brewed beer will cost you about $15 for about 5 gallons compared with around $50-$60 if you bought the same amount from the store.

Tip 4: Use coupons as often as you can

Save printed coupons from your local stores in a bowl or box near the front door. Make it a habit to check for coupons before going out. There are plenty of online coupon sites too, with coupons for online and local stores. Check for coupons and discounts before making any purchase online or locally. Coupons can save you loads of money as long as you remember to use them.

Tip 5: Exercise with friends outdoors rather than at the Gym

Gym memberships can be expensive with long contracts that often have hidden fees and costs. Save money by doing your workout at home or in your local park. If the exercises you would normally do in the gym require equipment, research other exercises that target the same muscle groups that you can perform without them. If it’s the spin class you enjoy, get yourself a bicycle. It’s a short term spend that will save you money in the long run. Riding outdoors is a great way to see new places in your neighbourhood and is more enjoyable than stationary bikes.

Photo by:  StockMonkeys.com

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{ 28 comments }

Greg@ClubThrifty December 5, 2012 at 4:12 am

Ha! I love the brew your own beer tip.

We just signed up for our first frequent flier miles card. We have churned plenty of cash cards, but this is our first airline card. I hope we like it….

Krantcents December 5, 2012 at 7:00 am

I have had a frequent flier card for about 25 years. I earned a lot of business/first class flights to Europe through it.

Grayson @ Debt Roundup December 5, 2012 at 11:32 am

I brew my own beer and it is fun and rewarding. It only costs me about $30 to brew about 60 beers, which is something you will never get at the store. Also, it tastes great and you can enjoy whatever beer you like. Great tip!

Krantcents December 5, 2012 at 12:58 pm

Have you thought about turning it into a business? It is a great way to earn money doing something you enjoy.

Tackling Our Debt December 5, 2012 at 1:13 pm

My father was a huge beer drinker so for about 10 years he and his neighbor friends got together and joined a brew your own beer club. He loved it and was so proud of most every batch he made.

Krantcents December 5, 2012 at 1:21 pm

Did it change his drinking at all? I wonder if this is how brew pubs started. I guess this is one of those DIY projects that some people enjoy.

Brent Pittman December 5, 2012 at 1:51 pm

I like your awesome piggy bank idea. We have a few and one dedicated to only pennies.

Krantcents December 5, 2012 at 2:09 pm

I used to dump my change into a jar everyday. At the end of the month I had $40-50!

Kyle @ Rather-Be-Shopping.com December 5, 2012 at 3:42 pm

Great tips. Gotta tell ya from experience that mountain biking with friends is way better than sweating away in a gym. Plus the cardio burn from a single track hill will kick your ass!

Krantcents December 5, 2012 at 3:53 pm

Although I do not mountain bike, I have been cycling (90 minutes a day) for over 20 years. I agree, no other aerobic exercise seems to match.

Pauline December 5, 2012 at 4:34 pm

I really want to look into brewing my own beer. It is also an awesome present to bring over when you are invited somewhere!

Krantcents December 5, 2012 at 5:00 pm

Sounds like a modern version of moonshine! LOL! I agree it seems like a great personal gift. Sounds better than cookies, etc.

PlainBankChecks December 5, 2012 at 5:16 pm

If you like to go out for dinner or movies, go on a Monday or Tuesday night (instead of Friday or Saturday night). These are usually the slow days for restaurants and theaters, so many offer specials. For example, my local theater offers new movies for $5.50 on Tuesday nights. If you go to the same theater on any other night, the tickets are $12.50.

Krantcents December 5, 2012 at 8:19 pm

My wife and I used to frequent a restaurant that offered a ridiculous special on Mondays and Tuesdays. It was a romantic little place on the beach. There is a movie theater that offers $4.50 ticket on Wednesday nights. Great deals, if you look for them.

AverageJoe December 5, 2012 at 5:40 pm

I generally don’t spend tons of time commenting on sponsored posts, but this was filled with super tips. Brewing beer sounds like a blast…when we discovered frequent flier cards we began getting about one trip a year free (for doing nothing differently than we had before)….we love camping.

Great tips. I always thought my running would translate to good biking. It took me one bike trip to realize: nope.

Krantcents December 5, 2012 at 8:21 pm

I l ove my frequent flier card, I earn enough (2 tickets) miles to go business/first to Europe. Although I do not drink beer, sounds like great new hobb.

Kim@Eyesonthedollar December 5, 2012 at 7:10 pm

We have a really cool glass beer growler jar that we keep spare change in. We pull it out every spring and usually have enough to pay for meals on our spring break trips.

Krantcents December 5, 2012 at 8:22 pm

I used to dump my change into a jar everyday. I accumulated $40-50 per month.

Darwin's Money December 5, 2012 at 8:02 pm

For gym, getting a real cheap weight set off Craigslist saves money as well. I got a great bench, bars and plenty of weights for $100! The guy was just looking to get rid of it. My gym is $30/mo and that’s cheap in my area; so if you can live without the real thing, the payback period is just over 3 months!

Krantcents December 5, 2012 at 8:24 pm

I created a home gym about 15 years ago. I have a weight set, cage, bench, treadmill and bicycle trainer. All this for less than $500.

Paul @ The Frugal Toad December 5, 2012 at 9:12 pm

Great tips and it just goes to show you that there are lots of simple and easy ways to save money. My brother used to brew his own beer and really enjoyed experimenting with the ingredients. Not sure how much money he saved though!

Krantcents December 5, 2012 at 9:22 pm

Sounds as though it could be an enjoyable hobby as well. You get to drink the savings!

Barbara Friedberg December 10, 2012 at 9:55 pm

I am overwhelmed by all my frequent flyer programs. Although I had a bunch of miles expiring and instead of ordering magazine subscriptions, I donated them. I am poor at managing all the rewards programs. It’s got to be really easy.

Krantcents December 11, 2012 at 7:01 am

Having their credit card avoids expiration. That is one reason to keep just one program.

Shawn James @ PipsToday December 20, 2012 at 10:55 pm

5 Awesome Money Saving Tips are 3 Awesome Money Saving Tips for me. Why?

* Sign up for a Frequent Flyer rewards program
I did not find any program like this so far.
1. Get an awesome piggy bank
It is my 24 hours private bank.
* If you drink beer, try brewing your own
I don’t drink beer.
2. Use coupons as often as you can
I use sometimes.
3. Exercise with friends outdoors rather than at the Gym
I am going to follow it very soon.

Krantcents December 21, 2012 at 7:32 am

i am glad that you were able to use some of them.

Goldeneer January 4, 2013 at 12:07 pm

Your exercising with friends tip is a good one.
Gym memberships are expensive. It saves time to incorporate most of your physical activity in your commute to work or errands as well as while seeing friends. In the summer I bike to work and go climbing with friends.

Krantcents January 4, 2013 at 12:59 pm

Thanks,I always find it funny that we do not do the simple inexpensive things first rather than the more expensive choice.

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