6 Outside-the-Box Ways to Save Money
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Everyone swears by a few go-to tips to save money, but those old standbys can only take you so far. If your bank account still isn’t in the shape you’d like it to be, you may need to start thinking a bit more creatively. Take some guidance from these six out-of-the-box tips if you want to save even more each month. You can also start saving when you shop online with the free Wikibuy browser button, which automatically applies the best available coupon to your cart across thousands of retailers.
1. Cut the cord on cable.
If you’re paying more than $50 a month for cable television, you could probably save money by opting instead for some combination of streaming services. Depending on what channels you watch most often, you can make a more budget-friendly swap to a live TV streaming service, a general streaming video app, or a more specialized subscription, like a sports package or horror movie platform. Chances are, you can get most of these for around $10 a month or less, and since they’ll all add new content every few weeks, you won’t run out of things to watch anytime soon. As the costs of cable packages keep rising, don’t be afraid to cut the cord and use streaming services to help you save money by only paying for programming you’ll actually watch.
2. Learn to make simple clothing repairs.
Don’t toss clothing you can easily repair yourself. With a little practice (or several online video tutorials), you can learn how to patch a hole, fix a zipper, replace a button, or even tailor existing clothing yourself. Before you make a major purchase to support your new hobby, get the free Wikibuy browser button. Wikibuy will notify you with a friendly little pop-up if that sewing machine you’re eyeing is available cheaper elsewhere before you check out on Amazon or Target.
3. Switch to power strips.
Studies say that about 25 percent of the power used by home electronics is consumed when devices are turned off. That’s a huge chunk of your electric bill every month that you could be saving on. To combat these so-called “vampire loads,” switch to power strips that completely cut the juice off to multiple devices at once with just the flip of a switch. There are also smart strips out there that will let you control it all from an app on your phone. As a bonus, decreasing your energy usage can also help reduce your carbon footprint.
4. Don’t grocery shop hungry.
Shopping at specific times to get the best deals is one way to save some money, but if you want to go even further, simply have something to eat before you even go to the store. Think about it: How often do you shop hungry, only to find yourself making impulse buys of pricey snacks that you only crave in that one moment? By going to the store on a full stomach, you may be less inclined to make those types of purchases and only stick to the important items on your list, saving you money and unwanted calories in the process.
5. Shop for refurbished electronics.
You can save big when you opt for certified refurbished electronics over new models. These pre-owned products are often restored by the original manufacturer and oftentimes come with a warranty, helping you rest easier knowing that everything will be in working order once it gets to you.
6. Ride your bike.
By walking, biking, or using public transportation just once per week, you could save an estimated 58 cents for every mile driven. Depending on where you live and work, opting not to drive could also save you the time and money required to find and pay for parking, while also giving you a pretty good workout in the process.