Sometimes it seems like we’ve done all the cost cutting we can – within reason of course – and there just isn’t room for more. And typically, about the time I start thinking this, I somehow find a new way to cut our expenses just a little more. This is why I know that as our lives change or evolve, it’s important to keep looking for ways to reduce expenses, since even though we might have done well in the past, there is typically room for a little more improvement.
Whether it’s making your own pizza, changing the flat tire on your vehicle yourself, stripping wallpaper and repainting a room, refinishing old furniture or whatever, doing projects yourself can add up to hundreds or even thousands of dollars in savings.
Using the internet and online resources can be valuable tools in helping to guide you in such efforts. Whenever my own family tries to tackle a new such project on our own, we tend to review multiple online sites and diy guides to make sure that we’re getting the proper information, various viewpoints on the project guidelines, and ideas of the costs involved so that we aren’t left making costly mistakes along the way.
Resale never ceases to amaze me
Resale provides a variety of cost-cutting options, just like the “like-new” name brand winter coat we bought for our son for just $4 or the summer wardrobe he got for under $20. And the great thing about resale is that it’s not only a wonderful option to help us cut costs and save money but to recoup our costs or even make money on the selling side.
Last year at a garage sale, I bought a framed picture with an actual $20 bill in it for just $5 (yes, that’s right…$5). Needless to say, I opened up the frame, replaced the $20 with $1, keeping the artistic integrity of the piece in place while making a profit in the process. And more recently, I bought a set of four books for $4 at our local resale shopping, reselling them on eBay for $60, and another set of two books at a garage sale for $1, reselling them for $20.
And for those people who don’t like the standard store-bought holiday or birthday gifts, resale options can be a great way to find vintage, unique or antique gifts for far less than they might cost in an actual antique store or boutique.
Trying new stores
Sometimes all it takes is trying different stores to find ways to cut costs. We realized this when we switched our regular grocery store, moving our regular shopping excursions to the area Aldi grocery store. We were able to trim our grocery bills by about 30 percent compared to our previous grocery store and still maintain or even improve the quality of menu items we were consuming. While trying new stores might not work out every time, should you find one that saves you 30 percent on your regular food bill like we did, it could certainly be worth the effort.
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Building a Revenue Producing Blog
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The author is not a licensed financial professional. This article is for informational purposes only and does not constitute advice of any kind. Any action taken by the reader due to the information provided in this article is solely at the reader’s discretion.