How to Save Money and Still Live the Good Life

Saving Money Doesn’t Mean Giving up on Fun with These Money Savers

Mar 14, 2009 Daniel Gansle

In response to challenging economic times and mass layoffs, more people are tightening their belts. Here's how to save money without giving up the things people love.

In a bad economy, most people believe they need to completely give up the lifestyle they have become used to in order to save money. This can be very difficult, even depressing.

The good news is that saving money isn't as difficult as one might imagine; and it doesn't require huge changes to one’s lifestyle. Here's how to save money while having fun at the same time.

Smart Budgeting: Shop Smart, Live Well

Don’t give up on shopping – some amazing deals are out there for the taking. Rather than heading out to the shopping mall, shop at the local Goodwill or Salvation Army store where one can find amazing deals on furniture, clothing, and household goods and support a good cause at the same time.

Shopping at thrift shops, consignment shops, antique shops, and the dollar store can also save money. Online coupons are a good option as well.

Smart Budgeting: Enjoy Home Brewed Coffee

Don't give up on that essential morning cup of java. Purchase a coffee maker with a timer and enjoy fresh home-brewed coffee any time of day. Grind various types of fresh coffee in the grocery store, bag it, and brew it at home. Or, buy a stand-alone coffee grinder.

For the ultimate in fresh coffee, purchase a coffee maker that features a gold coffee filter and grinds coffee. Coffee pods are popular as well and many people like them for the convenience.

Smart Budgeting: Eating Out

Don’t give up on eating out. Look for coupons in the mail from local restaurants. The Sunday paper may have restaurant coupons as well. People who eat out often may benefit from the purchase of an Entertainment® Book or an account on Restaurants.com.

Smart Budgeting: Going to the Movies

Don’t give up on going to the movies. See an early-evening matinee when movie ticket prices are lower. Dollar theaters are also a great option – they may not run the latest and greatest movies, but the price is right and they often have special 50-cent nights.

Smart Budgeting: Watching DVDs at Home

Rather than buying DVDs or renting them, visit a local public library. The library has tons of DVDs the person can check out with their library card, absolutely free. Don't see a newer title? Suggest the movie to the librarian at the Reference desk.

Other Smart Budgeting Ideas

  • Review mobile phone bill to see if there are any areas where the person can reduce payments; or switch to a lower-priced plan
  • Renegotiate Dish or Cable TV subscription plan to a lower-cost plan
  • Switch to a lower-priced internet service plan
  • Get on the grocery store mailing list and look for 10 for $10 and other special deals
  • Try the less expensive store brand of certain products
  • Instead of the movies, consider a family night out at the bowling alley
  • Consider taking hikes, bike rides, canoe rides, and going fishing as cheaper recreational activities
  • Consider tent camping as an alternative to staying in a hotel
  • Consider having a family game night

Saving money doesn’t mean giving up the things people love. With some minor changes in lifestyle and smart budgeting, people can still have fun and enjoy life while on a shoestring budget.

See related article, Make Money Shopping with ShopAtHome.com.

The copyright of the article How to Save Money and Still Live the Good Life in Personal Budgeting/Finance is owned by Daniel Gansle. Permission to republish How to Save Money and Still Live the Good Life in print or online must be granted by the author in writing.
U.S. Money, J.J. U.S. Money
   
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