Grace MoranDo you make minimum wage? Experts reveal amazing ways you can save money
I know trying to save while making minimum wage is very hard but it is still possible to save up here and there, over time you would be surprised with how much you have accumulated. These tips below are a sure-fire way to grow your saving while maintaining a healthy spending life. One thing that is important is that it will take a lot of commitment on your path to be able to pull it off.
Let’s dive in.
Cook at home and pack a meal to work
Before leaving the house, have a meal. Snacking while you're out and about and ordering takeout are significant money drains. Pack a meal to take with you if you expect to be gone for a while.
Buy used stuff because they are cheaper
Buy used. Thrift stores, garage sales, Facebook marketplace, Craig’s list, all have people getting rid of stuff cheap. If you walk around my house, it’s a much shorter list to show you what I bought new vs used.
Go for the high-grade gas
Drive with high-grade gas in your car. Because of the gas mileage difference, it’s actually cheaper to drive with high grade instead of cheap stuff. Also, the high grade has fewer junk fillers that are rough on your engine. The savings on gas mileage are immediate. If you’ve got only $5 to put in your tank until payday, get a high grade. Your car will drive more miles with $5 of the good stuff than $5 of cheap stuff. I’ve tested this on a variety of cars and it was true every time.
Cancel cable tv, you don’t really watch them anyways
Cancel your cable television service. This is the most recent one. Purchase a device that will allow you to stream Netflix (or other streaming services) from your phone to your television. Borrow movies from the public library or buy them cheaply at a thrift store. The thrift store is less expensive than RED BOX, and there are no late fees. If you don't want to keep the film, you can sell it or donate it to a library.
Crock pot cooking is the way
Cooking in a crock pot. Even if you're single, go thrifting for a large crock pot and pint-sized mason jars. Crockpot recipe books are available at thrift stores and libraries. Make a large batch of something you enjoy, place it in mason jars, and freeze it. Voila, ready-to-eat meals. If you're new to cooking, connect your phone to your television and watch free how-to videos on YouTube. My average meal costs about $2.
Work with the weather
In summer, dry your clothes on drying racks. In winter, I watched a how-to video on YouTube on blowing hot dryer air into your house instead of outside. The video was on making a cheap filter so you don’t blow dryer fuzz into the house. Do all those little tips the power company tells you about saving energy. Put the baby-proofing socket covers all over your house outlets. Seriously, I lived in a house where some bad draft from outside came in through electrical plugs. In summer, wear little clothes and in winter wear an extra layer around the house.
Write that shopping list before you start.
Make a shopping list. Do an extra lap around the store when you're shopping to give yourself time to consider whether you really need to buy everything in your shopping cart.
Maintenance is better than cure
Take care of your stuff. Maintenance is cheaper than repair, and repair is cheaper than replacement.
Carry snacks everywhere
Bring something to entertain you and to munch on for long checkout lines. Stores make crazy amounts of money on all those little snacks and swag that people grab while waiting to check out
There are more money-saving tips you can implement; the ones listed above are just the ones I obtained from savings researchers at the time. This list will be updated as I conduct additional interviews.
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