"We Have Saved Thousands": 20 Money-Saving Ideas That Real People Swear By (2024)

Table of Contents
Recently, I rounded up some money-saving frugal tips that people say really work. In the comments, members of the BuzzFeed Community shared even more solid ideas that I simply had to share. Here's what they had to say: 1. "I always shop at the dollar store first, before the grocery store. They have really good products and many name brands, and they cost a fraction of the price at the grocery store." 2. "I grow micro plants and herbs in my kitchen when veggies are expensive in winter. I invested in a plant table, which also allows me to start my own seedlings for the garden." 3. "I buy food through the Flashfood app. It's like a manager's special rack in app form. The food is expiring soon or is discontinued but still good. I usually buy whatever meat they have and freeze it until I use it. It's saved me quite a bit." 4. "Cloth diapers if you have or are planning on having a baby. We got all our clothes handed down from our wealthier friends, LOL. Everyone says kids are so expensive, but we have never actually shopped for clothes, and we have saved thousands by not buying diapers." 5. "I adopted this policy not long ago. I have to calculate how many meals I can create from a meat cut or seafood when deciding whether to buy it. I don't buy it when there's only enough for one meal, no matter how much I crave it. Very tough at the start, but it's gotten easier since." 6. "I stopped using fabric softener. After researching, I discovered it's actually bad for your skin and your clothes. Saves me about $300 a year. It turns out it's just an overhyped and unnecessary product." 7. "I do grocery delivery, mainly out of necessity, since I live in a city and don't have a car, but it's cut down on my grocery bill because I only buy what is on my list and don't do any impulse buying. I pay $60 a year for 'free' delivery. Without that membership, each delivery was about $7, so it's definitely paid for itself. I know grocery delivery isn't available for all, but if you're able to do it, I highly recommend it." 8. "I make a batch of homemade dog food each week and freeze half. There are good recipes online. This saves a wee bit, and the doggies are healthier." 9. "Just asking myself, Do I reallllly NEED that item? Most of the time, I don’t, so nowadays, rather than racing out to pick it up, I stay home and think about how I’ve saved money, gasoline, air quality, and a little bit of my planet by not going and getting it. To say nothing of reducing my own anxiety levels!" 10. "Unplugging things not in use is a huge one! It's estimated that 10%–15% of the average American's electric bill is stuff that’s plugged in but not in use, aka vampire energy." 11. "I buy all wrapping paper, gift bags, and other gift-wrapping items from the dollar store or HomeGoods. So much more affordable." 12. "I make my own salad dressing. I make exactly as much as I need, and there are fewer bottles in my fridge. I have control over the quality, and it's always fresh. I can change it up with spices." 13. "During the pandemic, I got in the habit of ordering everything I needed from Amazon the moment I thought of it. I felt so embarrassed by the daily parade of packages. I now buy things one day a week." 14. "Yes to Poshmark! I sometimes like ThredUp, but Poshmark is great when you’re looking for something more specific. I love that if I want a few things, I can do the 'bundle' option from one seller for a discount. The app is very user-friendly, too. I highly recommend it for people who like secondhand but don’t always want to go to thrift stores." 15. "On payday, I put away for savings in an instant- or easy-access savings account. I spent a bit of time working out how much of my paycheck goes on regular bills and expenses and then set up a standing order to put most of the rest into an instant-access savings account the day after payday." 16. "My husband and I decided not to buy any food (other than fresh foods, like vegetables and fruits) until we emptied most of our freezer. We're still working on it. We put together some unusual meals but are saving money each week. And we've begun the process of removing meat and poultry from our diet, which will save more money as time goes along." 17. "Start to see trash as your money. You pay for everything in your garbage, whether it’s landfill bound, recycling, or even compost." 18. "Facebook Buy Nothing groups are a lifesaver! I’ve been able to get a table and chairs for my dining room, a large dresser, snowboard boots for my daughter, lots of home decor, and several houseplants, all for free." 19. "Learn how to shop sales — 30% off is a better deal than 'buy one, get one 50% off,' but not as good as BOGO free. If you want to and have the capability, I suggest coupon and rebate apps on top of store rewards." 20. "I keep a small cooler in my car. I know I’m going to get hungry when I’m out running errands or shopping. So I stock the cooler before I leave home with things I want to snack on while I’m out driving around. I make sure some of it is fun stuff so I don’t feel the urge to stop for treats. This saves me from stopping at fast-food places and really keeps my splurges down." What's something that's helped you spend less or save more? Tell us all about it in the comments! FAQs

    "Start to see trash as your money. You pay for everything in your garbage, whether it’s landfill bound, recycling, or even compost."

    by Megan LiscombSenior Editor

    Recently, I rounded up some money-saving frugal tips that people say really work. In the comments, members of the BuzzFeed Community shared even more solid ideas that I simply had to share. Here's what they had to say:

    1. "I always shop at the dollar store first, before the grocery store. They have really good products and many name brands, and they cost a fraction of the price at the grocery store."

    "We Have Saved Thousands": 20 Money-Saving Ideas That Real People Swear By (2)

    Catherine Mcqueen / Getty Images

    lalapalooza9

    2. "I grow micro plants and herbs in my kitchen when veggies are expensive in winter. I invested in a plant table, which also allows me to start my own seedlings for the garden."

    sweetghost37

    3. "I buy food through the Flashfood app. It's like a manager's special rack in app form. The food is expiring soon or is discontinued but still good. I usually buy whatever meat they have and freeze it until I use it. It's saved me quite a bit."

    lazycake78

    4. "Cloth diapers if you have or are planning on having a baby. We got all our clothes handed down from our wealthier friends, LOL. Everyone says kids are so expensive, but we have never actually shopped for clothes, and we have saved thousands by not buying diapers."

    Pollyana Ventura / Getty Images

    catello08

    5. "I adopted this policy not long ago. I have to calculate how many meals I can create from a meat cut or seafood when deciding whether to buy it. I don't buy it when there's only enough for one meal, no matter how much I crave it. Very tough at the start, but it's gotten easier since."

    Prolix

    6. "I stopped using fabric softener. After researching, I discovered it's actually bad for your skin and your clothes. Saves me about $300 a year. It turns out it's just an overhyped and unnecessary product."

    grumpycowboy48

    "Same! I have wool dryer balls now."

    Betherick85

    7. "I do grocery delivery, mainly out of necessity, since I live in a city and don't have a car, but it's cut down on my grocery bill because I only buy what is on my list and don't do any impulse buying. I pay $60 a year for 'free' delivery. Without that membership, each delivery was about $7, so it's definitely paid for itself. I know grocery delivery isn't available for all, but if you're able to do it, I highly recommend it."

    "We Have Saved Thousands": 20 Money-Saving Ideas That Real People Swear By (4)

    Oscar Wong / Getty Images

    ilovedogs1211

    8. "I make a batch of homemade dog food each week and freeze half. There are good recipes online. This saves a wee bit, and the doggies are healthier."

    laughingpear48

    "This is very smart, provided you're using a vet-approved recipe! (Many homemade pet food recipes don't have all the trace nutrients that pets need, so you have to be careful that you don't accidentally cause expensive health problems down the line.)"

    etconner

    9. "Just asking myself, Do I reallllly NEED that item? Most of the time, I don’t, so nowadays, rather than racing out to pick it up, I stay home and think about how I’ve saved money, gasoline, air quality, and a little bit of my planet by not going and getting it. To say nothing of reducing my own anxiety levels!"

    lazytortoise89

    "My big questions are, Do I have space for it? Do I have time to enjoy it? If an object is coming into this house, it needs a 'spot,' and that spot can't just be a pile.

    "The exceptions are things I use for research (I occasionally teach and lecture on historic clothing) and needful hobby items."

    Lunamyluna

    10. "Unplugging things not in use is a huge one! It's estimated that 10%–15% of the average American's electric bill is stuff that’s plugged in but not in use, aka vampire energy."

    "We Have Saved Thousands": 20 Money-Saving Ideas That Real People Swear By (5)

    Cristinairanzo / Getty Images

    Jen

    11. "I buy all wrapping paper, gift bags, and other gift-wrapping items from the dollar store or HomeGoods. So much more affordable."

    bittertable44

    12. "I make my own salad dressing. I make exactly as much as I need, and there are fewer bottles in my fridge. I have control over the quality, and it's always fresh. I can change it up with spices."

    nikkesen

    13. "During the pandemic, I got in the habit of ordering everything I needed from Amazon the moment I thought of it. I felt so embarrassed by the daily parade of packages. I now buy things one day a week."

    "We Have Saved Thousands": 20 Money-Saving Ideas That Real People Swear By (6)

    Masafumi_nakanishi / Getty Images

    sarahshorthealth

    14. "Yes to Poshmark! I sometimes like ThredUp, but Poshmark is great when you’re looking for something more specific. I love that if I want a few things, I can do the 'bundle' option from one seller for a discount. The app is very user-friendly, too. I highly recommend it for people who like secondhand but don’t always want to go to thrift stores."

    am301394wne

    15. "On payday, I put away for savings in an instant- or easy-access savings account. I spent a bit of time working out how much of my paycheck goes on regular bills and expenses and then set up a standing order to put most of the rest into an instant-access savings account the day after payday."

    "I find I spend less on impulse buys because there's less in my account, but if I have a big or unexpected expense, I can easily move money back out of savings to cover it using online banking.

    "Before I started doing that, I'd find myself spending my whole pay every month and relying on a credit card even for big costs I knew were coming up (e.g., car insurance)."

    hannahh43

    16. "My husband and I decided not to buy any food (other than fresh foods, like vegetables and fruits) until we emptied most of our freezer. We're still working on it. We put together some unusual meals but are saving money each week. And we've begun the process of removing meat and poultry from our diet, which will save more money as time goes along."

    "We Have Saved Thousands": 20 Money-Saving Ideas That Real People Swear By (7)

    Penpak Ngamsathain / Getty Images

    "When my insurance policies, cellphone contracts,etc.,are set to renew, I always shop around. Most companies offer discounts to new customers, not to existing ones."

    wylyjoan

    17. "Start to see trash as your money. You pay for everything in your garbage, whether it’s landfill bound, recycling, or even compost."

    westofillinois

    18. "Facebook Buy Nothing groups are a lifesaver! I’ve been able to get a table and chairs for my dining room, a large dresser, snowboard boots for my daughter, lots of home decor, and several houseplants, all for free."

    nicoleb4563bf301

    "My first grandchild was born in July 2023. I found 85% of the items she needed on the FB Buy Nothing pages. I am talking big items. One was a beautiful wooden crib with a changing table attached. The mattress alone would have been about $200 if bought new."

    Brivas07

    19. "Learn how to shop sales — 30% off is a better deal than 'buy one, get one 50% off,' but not as good as BOGO free. If you want to and have the capability, I suggest coupon and rebate apps on top of store rewards."

    "We Have Saved Thousands": 20 Money-Saving Ideas That Real People Swear By (8)

    Oscar Wong / Getty Images

    mrsmommaf

    "Also, pay close attention to the signs at the store. Sometimes you need to buy multiples of something to get the sale price, but not always. I used to fall for the two-for price all the time and then realized that I could get one of them for half the price sometimes."

    mishybp73

    20. "I keep a small cooler in my car. I know I’m going to get hungry when I’m out running errands or shopping. So I stock the cooler before I leave home with things I want to snack on while I’m out driving around. I make sure some of it is fun stuff so I don’t feel the urge to stop for treats. This saves me from stopping at fast-food places and really keeps my splurges down."

    forestmelodies

    What's something that's helped you spend less or save more? Tell us all about it in the comments!

    Note: Some responses have been edited for length and/or clarity.

    "We Have Saved Thousands": 20 Money-Saving Ideas That Real People Swear By (2024)

    FAQs

    What is the 30 day rule? ›

    The premise of the 30-day savings rule is straightforward: When faced with the temptation of an impulse purchase, wait 30 days before committing to the buy. During this time, take the opportunity to evaluate the necessity and impact of the purchase on your overall financial goals.

    What should you not do to save money? ›

    10 Things You Shouldn't Do When Trying To Save Money
    • Go on a Pricey Vacation. ...
    • Pay For Entertainment. ...
    • Ignore your Bills. ...
    • Pay Unnecessary Bills. ...
    • Buy Expensive Gifts & Clothes. ...
    • Continue Bad Habits. ...
    • Buy New Books. ...
    • Pay Others to do What you Can Do Yourself.
    Feb 9, 2024

    What are the modern way of saving money? ›

    Make a budget and make saving a necessary expense. Try out different budgeting methods until you find one you can stick to. Cut down on spending. Use budgeting apps to find out where you're money is going and look for places where you can cut back.

    Which strategy will help you save the most money? ›

    The 5 Most Effective Strategies To Save Money For The Future
    • Set Your Goals Early On. Setting a financial goal early on will boost you to stick to your savings plan. ...
    • Understand Your Cash Flows. ...
    • Open a Savings Account. ...
    • Rethink Debit Cards. ...
    • Monitoring Your Spending. ...
    • Revise Your Emergency Fund.

    What is the 50 30 20 rule? ›

    The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

    What is the 3 month rule? ›

    The first three months of knowing someone is a time of illusions. Instead of seeing the person objectively, you see them for who you want them to be,” Angelowicz wrote at the time. “I think it takes about three months to strip away the layers and start to see this person for who they really are.”

    What is a common mistake when saving? ›

    "The biggest savings mistake people make is leaving too much money in their checking and savings account," said Dewan Farhana, founder of Doctor Finances. "You only need about 3-6 months of an emergency fund in a high-yield savings account, and the rest of the money should be invested.

    Where is the best place to save money? ›

    7 places to save your extra money
    • High-yield savings account.
    • Certificate of deposit (CD)
    • Money market account.
    • Checking account.
    • Treasury bills.
    • Short-term bonds.
    • Riskier options: Stocks, real estate and gold.
    Mar 25, 2024

    What is the golden rule of saving money? ›

    The rule of 25X is the thumb rule when it comes to retirement savings, where you need to save 25 times your annual expenses. This rule says that an individual can think about retirement when they have funds worth 25 times their annual expenses.

    What is the 20 savings rule? ›

    Budget 20% for savings

    In the 50/30/20 rule, the remaining 20% of your after-tax income should go toward your savings, which is used for heftier long-term goals. You can save for things you want or need, and you might use more than one savings account.

    How to get out of debt? ›

    How to get out of debt
    1. List out your debt details.
    2. Adjust your budget.
    3. Try the debt snowball or avalanche method.
    4. Submit more than the minimum payment.
    5. Cut down interest by making biweekly payments.
    6. Attempt to negotiate and settle for less than you owe.
    7. Consider consolidating and refinancing your debt.
    Mar 18, 2024

    How do you count 30 days for a wash sale? ›

    A Wash Sale occurs if you sell securities at a loss and buy substantially identical replacement shares within 30 days before or after the sale. The Wash Sale Period is 30 days before and 30 days after the sale date, totaling 61 days (including the sale date).

    What is the 30 day money challenge? ›

    Do you want to save some money for holiday gifts or other short-term goals? Consider doing the 30-Day $100 Savings Challenge. The goal of the Challenge is simple: save $100 in a 30-day time period through a series of gradually increasing deposits. November has 30 days so every day is a savings day.

    Can you sell a stock for a gain and then buy it back? ›

    It is always possible to sell a stock for profit purposes, as the Income Tax Department has you paying taxes on the profit you make. This is, as mentioned earlier, a capital gains tax. You can buy the same stock back at any time, and this has no bearing on the sale you have made for profit.

    How long do you have to wait after selling a stock to buy it back? ›

    The wash-sale rule keeps investors from selling at a loss, buying the same (or "substantially identical") investment back within a 61-day window, and claiming the tax benefit.

    Top Articles
    Latest Posts
    Article information

    Author: Msgr. Benton Quitzon

    Last Updated:

    Views: 6329

    Rating: 4.2 / 5 (63 voted)

    Reviews: 86% of readers found this page helpful

    Author information

    Name: Msgr. Benton Quitzon

    Birthday: 2001-08-13

    Address: 96487 Kris Cliff, Teresiafurt, WI 95201

    Phone: +9418513585781

    Job: Senior Designer

    Hobby: Calligraphy, Rowing, Vacation, Geocaching, Web surfing, Electronics, Electronics

    Introduction: My name is Msgr. Benton Quitzon, I am a comfortable, charming, thankful, happy, adventurous, handsome, precious person who loves writing and wants to share my knowledge and understanding with you.