Everyone seems strapped for time these days. And a lot of us are also strapped for cash. With so many responsibilities to manage, it can be hard to find time to make budget cuts and save money.
If you’re running low on time and money, you’ll definitely want to check out these tips that you can implement in five minutes or less.
1. Do an Electricity Check
During the rough Ohio winter months, my electric bill tends to skyrocket. I’m always looking for ways to cut this cost. Aside from having well-insulated walls and ceilings, I also have a few other tricks for battling your electricity consumption.
Take a walk through the house and unplug anything that you don’t use on a regular basis. Even if it’s turned off, an appliance (or hair dryer, etc) is still using electricity.
Got that done? Now don’t forget to turn the lights and TV off every time you leave the house. You should also unplug your phone charger when it’s not in use.
2. Find the Cheapest Gas Prices
With gas being so expensive, it’s important to take a little time to search for the best prices.
First, download a gas price app like GasBuddy. Then, before you fuel up, check gas prices near you and go for the cheapest one. After filling up, make sure to tighten your gas cap.
3. Eat Leftovers
Since you’re already strapped for time, why not eat last night’s leftovers for lunch today?
The next time you cook, make a little extra so that you can enjoy this convenience on a regular basis. You can save close to $30 a week, or $1,500 a year, by packing your lunch just three times per week. If you eat leftovers for lunch every day, you’ll save some serious dough.
4. Wash Your Clothes Less
I don’t know about you, but I can wear a pair of jeans about three times before needing to wash them.
And, why not? If your clothes don’t look or feel dirty, why waste water and laundry detergent? Washing your clothes less also helps them hold up longer.
5. Re-use Your Grocery Bags
Do you buy trash bags for your small trash cans? If so, you need to stop. Re-use the shopping bags you get from the grocery store instead. Keep a small stockpile to have on hand whenever you need them.
There you have it: five money-savings tips you can implement in five minutes or less. If you’ve been running short on time, you should be able to use almost all of these tips to save money on your monthly household costs. These ideas may even spark your creativity, inspiring you to discover more quick money-saving tactics.
What are your favorite quick and easy money-saving tips?