5 Ideas for Saving Money

Everyone likes to save money. Here are some possibly unconventional / new ways for saving money in different areas of your life.

1. Check out the Bakery Clearance Rack at your local Grocery store

My local Wal-Marts have awesome finds at their Bakery Clearance racks. I normally pull full Italian bread loaves for $0.53 a piece!!! I cut each loaf in half, wrap them in aluminum foil, and freeze them. One of our favorite scores was finding 4 dual packs of garlic bread (6 slices per pack, so 12 total). Each 6 slice pack is in its own bag, so that 8 bags of garlic bread. I can’t make bread from scratch for cheaper than that. I know some people have issues with processed bread and wanting to know what goes into their food. To each their own. We keep our freezer stocked and haven’t thought about buying bread in a few months! Why aluminum foil and not plastic bags? Plastic is NOT an oxygen barrier*, foil is. This will help keep freezer burn down.

There are other goodies available on the clearance rack, BUT the last thing my waistline needs is clearance donuts! The Hubs usually has to drag me away after I’ve snatched all the bread deals and start picking up the donuts.

2. See what the highest deductible you can have on your homeowner’s insurance.

This may depend on your insurance company, but I do recommend checking with your insurance company to see what the savings would be if your deductible was at the max. And what to do if you to deal with a deductible that high? You have your Emergency Fund funded to at least the deductible amount. (I personally recommend having your Emergency Fund funded to up to six months worth of expenses OR enough to cover your deductible OR better yet BOTH!)

3. For scratch paper or filler paper for your planner, find cheap notebooks.

I’m always on the lookout for cheap filler paper for my planner. When I do find notebooks on clearance, and the paper is good quality, I buy it, tear the paper out, and cut it down if necessary for my planner. Examples: steno-pads found for a quarter, Casemate journals for $0.50, etc. My planner takes 8 inch x 5 inch paper, and finding Steno Pads on clearance so far is the best. Some other places to keep an eye out for cheap journals and notebooks are Marshalls, TJ Maxx, Stein Mart, Big Lots, Tuesday Morning, and Ross. The various Dollar stores may also have some acceptable paper (i.e. Family Dollar, Dollar General, Dollar Tree).    

4. Health Insurance Rewards

This may vary from insurance company to insurance company, but check with them to see if their online interface allows you to earn rewards to lifestyle changes, check ups, wellness assessments, etc. I have Florida Blue, which awards points to various things. If I go to the gym 100 times in a calendar year, I not only received $150 rebate on my insurance costs, but I earn points toward rewards. Unfortunately, Blue Rewards is ending at the end of the year, so I’ve been redeeming my rewards points for Amazon gift cards!! Whoot whoot!

5. Borrow, Trade, Barter, and Share

This is an old school way of doing things, but it works.

If you’re just getting into a new hobby, and a friend has been doing X for awhile, as to borrow some of their equipment. I did this when I first started canning. I borrowed a friend’s water bath pot and pressure canner to make sure this was something I wanted to purse. I do, so I’ve asked for my own for Christmas.

If you’re really good at one thing and a friend is good at another, trade skills or goods. I usually “pay” in food when it comes to having manual labor done on my property. Another one of our friends regularly barters ribs and pulled pork for my husband’s help with truck repairs.

*Line credit to Burt Gummer, from the Tremors 2 movie.

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