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My PayHousehold Savings

Ways to save a little cash.

by Ellie Kay

 

Here are some ways to experience the thrill of saving money room by room:

Family Room

  • Coverings – If you still have young children at home, you may want to wait to have your furniture recovered.  By purchasing a quality slipcover for $65 instead of buying a new sofa for $850, you save $785. 
  • Quick Cleaning – Spills on carpeting and furniture are best attacked as soon as they happen.  If the carpet must be professionally cleaned, it will cost about $95 more than using a $10 can of cleaner.

Garage

  • Gas Mileage – Take out the excess weight in your trunk and have your tire pressure checked on a regular basis to save approximately 5 cents a gallon in better gas mileage.  This saves about $75 per year per car.
  • Gas Prices – Go to gaspricewatch.com to find the least expensive gas in your neighborhood – or on the route you are taking for a longer trip.
  • Young Drivers – Put your old jalopy in your child’s name and make them the principle driver on a vehicle that does not carry full coverage.  This could save $400 on a premium that might run as much as $1400 per year.  It also gives you a good excuse to not let them drive the BMW!

Bathrooms

  • Saving Water – Don’t put bricks in your toilet tanks to displace water – they could decompose and clog up your pipes.  Instead, use a one-quart plastic container that will not interfere with the plunger and save as much as $150 per year.
  • Linens – Buy the same color towels and linens to save big bucks every year.  The same goes for sheets – choose all white and you will only have to buy a top sheet or a fitted sheet if they are torn or damaged.  This can save $55 a year on towels and $85 a year on sheets.

Baby’s Room

  • Baby Showers – If you haven’t had your baby shower yet, then take inventory of what you really need for baby – including the sizes of clothing you still need.  When the hostess asks you for a list of items you’d like, be sure to include larger sizes in appropriate seasons.  I outfitted our daughter for the first two years of life by doing this for a total savings of $800!

Kitchen

  • Combine Oven Dishes – Select menu items that will cook at the same temperature, rather than heating the oven twice at two different temps.  This could save $125 in energy costs.
  • Combine Grocery Savings – Use double coupons, in-store coupons, clipless store coupons (a store card) and sales to save anywhere from $20 to 60 percent on your food budget.  Save even more by going to mygrocerydeals.com or see elliekay.com for more money savings links.  I saved over $8,000 last year, paying only $250 per month to feed our family of seven!
  • Cloth Napkins and Real Plates – It’s cheaper to wash than to buy paper – although it’s less convenient.  This tip saves almost $95 per year.

Ellie Kay is a national radio commentator, a frequent media guest, popular international speaker, and the best-selling author of twelve books including her 2008 release, A Tip A Day With Ellie Kay:  Twelve Months Worth of Money Savings Ideas (Moody Publishers, 2008).  For money savings links or to subscribe to Ellie’s free newsletter, go to elliekay.com


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User comments:

11/24/2008 3:00:12 AM
i like this. the brick in the toilet is smart! never thought of that :)
Jenna8109/2/2010 10:44:21 AM
Saving money is a must this year. I am trying to find ways to generate income and save money so that I can afford to stay home with my daughter. She is my most precious "possession" and I want to be able to put every penny to its wisest use. Another tip, turn up the thermostat to warmer in the summer and cooler in the winter when you are gone for the day. Based on my electricity usage summaries, it saves $2-3 a DAY.

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