Money Hacks (Part 3)

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Here’s another list of money hacks to help you save and make the most out of your budget. 

1) Switch your ceiling fan direction

Did you know most ceiling fans have a switch on the side to switch directions? Use clockwise in the summer to create a wind-chill effect. Use counter-clockwise in the winter to recirculate heat down. Switching directions could save you money on utilities.

2) Make a shopping list and stick to it

Having a plan ahead of time will help reduce those impulse buys. Also, ensuring you get everything on your list means fewer trips to the store.

3) Try generic brands of items you buy regularly

If you don’t already, try the generic brand of items you buy regularly. It will save you money and you’ll likely discover that the store brand is just as good as the name brand. The only difference may be the brand on the label. 

4) Use energy-efficient light bulbs

Install CFL or LED bulbs. It may cost more initially, but they last much longer than normal incandescent bulbs. Swapping out even a handful of your most-used lights could save you an estimated $45 or more a year. 

5) Simplify and organize

Sell the items that you no longer have a need for. Also, make a goal to not purchase things you don’t need. These two things will help your home stay organized. 

6) Buy “out of season” items

Pay attention to big discounts offered by retailers at the end of seasons. Just keep in mind to only buy items you will actually use. 

7) Get healthy

Healthier people are more likely to spend less on health care. And in some cases, being healthy may reduce your health insurance premiums. 

8) Keep a journal of your expenses

Writing down your cash outflow is a good way to help cut out bad spending habits. RentPlus Money is a great tool to easily track this. 

9) Unsubscribe from e-mails

Sometimes a “huge sale” ad in your inbox can be tempting. Email marketers are good at what they do. Unsubscribing from emails could save you money.

10) Avoid the ATM

Other bank’s ATMs can charge you a significant fee to access cash. Plan ahead, or use the cashback option at a grocery/convenience store instead. 

These money hacks can help make the most out of your budget. What are some other ways you can save money? Leave us a comment, we’d love to hear your money hacks. Also, be sure to follow us on Instagram, Facebook, and Twitter for more upcoming money hacks. 

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