Redditors Share Unique Money-Saving Tips That ‘Pay Off’
Even though saving small amounts of money won’t make you rich, it’s a good practice. Small changes, like cutting back by $10 monthly, can add up to $120 a year. If you’re looking for small money-saving habits, Redditors shared some that may be worth exploring.
Small Money-Saving Habits Redditors Say Really Add Up
One Reddit user suggested a practical strategy for managing impulsive online shopping. When you come across an item you want on a website, consider adding it to your wish list and refrain from revisiting it for 48 hours. According to their experience, 98% of the time, you won’t end up making the purchase.
Another person shared a campus-saving tip: they bring tea bags to school, taking advantage of the complimentary hot water on campus rather than spending $1 on a cup of tea. “If I get tea on campus three times a week for a 14-week semester, that’s $42 (minus the cost of the tea bags I bring) I can save each semester,” they wrote.
Some other money-saving tips shared on Reddit include bundling up in socks and a sweater before touching the thermostat and deleting sale-related emails without even opening them, as they often tempt you into spending unnecessarily. Lastly, sticking to the speed limit when you’re driving can save you gas money. It’s believed to reduce fuel consumption compared to speeding. And, of course, you don’t want to waste money on a speeding ticket.
Conventional Money-Saving Methods
Forbes has highlighted numerous money-saving strategies, some of which don’t require unconventional approaches like those shared by Redditors. To cut costs on groceries, they recommend shopping at bulk and discount stores, known for offering lower prices compared to traditional retailers. Embracing meal prepping and opting for generic brands are other wallet-friendly grocery tactics.
Additionally, reducing your electricity bill is achievable by using energy-efficient light bulbs, unplugging unused devices, and making adjustments to your thermostat settings. Forbes also advises canceling any unused subscriptions and exploring cost-free leisure activities for some no-spend fun.
Check out the full Reddit thread here.