8 Unconventional Methods Of Saving Money For Non-Savers
For anyone who does not naturally save money, even the thought of conventional methods of saving money, like setting aside 10% of every paycheck, can be intimidating. However, that does not mean that non-savers can't start saving money.
Here are the top 8 unconventional methods of saving money for non-savers that you can start doing today!
8 Fun Methods of Saving Money To Try For Yourself
1. Cook For Yourself
You do not have to be a master chef to be able to cook for yourself, but even just making spaghetti at home one day a week and eating leftovers for lunch will likely save you between $10 and $20 per week, depending on how much you would normally spend eating out for lunch.
Cooking for yourself doesn’t have to be fancy, and it doesn’t have to happen every day, but cutting down on eating out is one of many great unconventional methods of saving money.
2. Use Your Friends Who Love To Spend
Not everyone in your life is looking for unconventional methods of saving money. Think about it, we all have that one friend who always seems to be throwing money at everything, and they are happy to spend it.
We don’t want to say that you should have these friends just so you can take advantage of them, but if you have them, let them be happy as you enjoy the perks as well. If your friend is throwing a lavished party, grab a $5 bottle of wine and head over and enjoy!
3. Learn To Be Crafty
Crafty people can do amazing things! Build your own furniture, design your own décor, or develop unique ways for storing things at home. When you DIY things, you can save money.
If you find a junky table from the thrift store for $10, buy $5 worth of paint and spruce it up a bit. Then your $10 table looks like you paid $100 for it. Think about it, these methods of saving money are good for your wallet and the planet!
4. Barter For Things
We may not live in a society where you can walk into a store and talk the shop owner down to a price you consider reasonable, but we have friends who do things like growing vegetables or fixing cars. Try bartering for things with people you know.
For example, if you are crafty and can make decorative flower pots, and your friend is an avid gardener, make an exchange. You will give them a flower pot for some of their delicious veggies. You’d be surprised at what you can get for your time and skills without spending a dime.
5. Have Movie Night At Home
Let’s face it, as much as we love doing things like going to the movies or concerts, these things are expensive. Even if you go to see a movie without buying any snacks or drinks, you are still likely to spend close to $20.
You could very easily have a bag of popcorn, some candy, drinks, and a movie marathon at home from the comfort of your sofa and save loads of money!
6. Make Your Kitchen Your Favorite Bar
As much fun as it is to go to a bar or a club, alcohol is expensive. If you turn your kitchen into the best bar in town – or at least your favorite place to get a drink – you can save a bunch of money. Grab a six-pack of beers and your favorite liquors and learn how to make some drinks, all while saving money in the process.
7. Do Your Shopping On Wednesdays
A little-known fact is that grocery stores usually start new sales for the week on Wednesdays. That means if you go shopping on Wednesdays, you could be the first to see the deals and take advantage of getting your favorite products on sale!
8. Be Thrifty
For the final of our methods of saving money, we highly recommend thrift store shopping. It can save you so much cash. If you need a new pair of running shoes or a new dress for a friend’s wedding, check out your local thrift store first.
You can still look chic without having to break the bank, and it will probably shock you at the good quality name-brand products you can find at a thrift store for less than $5.
Use Installment Loans To Help With Emergencies
Now even if you do use these methods to start saving money, if you need help with an emergency now, you might need a lot of cash quickly. Emergencies can and do, happen at any time. When you are faced with one, you can turn to signature installment loans New Mexico to help.
Like our title loans from New Mexico Title Loans, Inc., our installment loans help with emergencies like medical bills, home repairs, or late utility bills. But unlike our title loans, you do not need to put anything up as collateral for this loan.
And our process is quick and convenient. Just fill out our online form and head to the nearest New Mexico installment loans in my area. Even if you have bad credit, you could still qualify. And if you are approved, you can get your cash the same day or the next bank business day.
Start Saving Money Today
Even non-savers can start saving money with these simple unconventional methods. And you don’t even have to use all of them. If you are really a non-saver, start with something simple like cooking for yourself instead of going out. You will be amazed by how much you could save.
And if you need help with emergencies, turn to installment loans in New Mexico. Fill out our online form to get started.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.