Who wants to save some money? Seriously, I know you do! Since the holidays are always a crazy time of over spending and over indulging, it’s time to save your money when the new year approaches. This is the best time to get a savings strategy in place for when that clock strikes midnight in the new year. I like this time of year, besides the shopping! It’s when I can reflect on the year that’s ending and get my mind right for what is to come. I like a new year. Every year is a new challenge in my book and I look forward to tackling it. Luckily for you, I plan on tackling it with some of these great saving money tips. Not only are some of these tips simple and easy to implement, some can save your serious cash. This is an infographic, as most of my readers know I love them. I’m very visual and what better way to learn about something than to see it in graphic form? You don’t have to answer that, as my mind is already made up.
Ways to Save Takeaways
Well, I’m not going to divulge all 66 ways to save as some of them are general and others not. I will tell you the ones I enjoyed, plus ones I think you should implement soon! If you can’t find one way to save in here that you can implement, then you aren’t trying hard enough. I’m just sayin!
- Think about big purchases before pulling the trigger – I love this idea and implement this myself. I call it the sleep-on-it purchase method and use it often. I’m a very big research oriented spender. I will research something to death. Seriously, ask my wife…
- Purchasing a Deep freezer and buying in bulk – While I’m not a huge bulk buying person, I do eat meat and love it. I have been contemplating getting a deep freezer for some time, especially when you come across a sweet beef deal that causes you to stock up. A deep freezer would be perfect for that. I also plan on using it to lager my beer, which for those who don’t know, I like to brew my own beer.
- Research different cell phone plans – For anyone who hasn’t been to Debt Roundup before, I’m a huge cell phone bill chopping advocate. I don’t like to pay full price and have had the freedom to choose my provider ever since we left Verizon. Take some time to check out my cell phone service provider page and see the companies I have there. These are all providers and most of them are much cheaper than the bigger cell providers. My favorites are Republic Wireless, Straight Talk, Walmart Family Mobile, and Cricket Wireless.
- Shop around before renewing insurance policies – I found this one especially true when I did it earlier this summer. We were able to save a substantial amount per month and year by just making a call to another provider and switching. The process was painless and I’m happy with what I got. You should do this with every bill you have to make sure you aren’t overpaying.
- Saving loose change – Now, this one probably isn’t that great. While it is simple, it won’t be substantial and won’t grow your wealth or change your life. Saving change is perfect for a child, but since most banks don’t take coins anymore, you might just have to deal with taking them to Coinstar or some similar service. I’m not saying you should waste coins, but you shouldn’t focus on saving them up.
- I was introduced to a new service to help those who want to save, but don’t think they can. It’s called Digit. You can read my brief review of it, but this little savings software has found places to save me money that I didn’t think existed.
I hope you enjoy this infographic brought to you by Easy Indoor Fireplaces.
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Thanks for sharing this cool infographic! Have a Merry Christmas!
You’re most welcome!
Nice infographic Grayson! We got a deep freezer a few years ago, but it was free so I can’t complain about that one. But I really don’t use it for brewing. That said, I’ve been giving a lot of thought lately to setting up a bar in our basement, though that would require some spending and little savings. 😉
We got a freezer from someone, but it was vertical and didn’t work with brewing, so we gave it to our electric company and they paid us for it!
I do a lot of cooking in bulk, especially soups. We made turkey soup with all the leftovers from Thanksgiving and had enough left over after the first soup dinner to freeze four more meals. Not only does that save money but we can bust out a turkey soup in March and get that great Thanksgiving flavor again!
Nice work Brian!
Great infographic!! We cut back on eating out significantly this past year and it’s amazing how much money we have saved. When we compared our numbers to last year, I think we have saved over $3,000 from eating out alone. It’s crazy how it adds up over the course of a year.
That’s a nice chunk of change for sure. If you put that money in investments, think of the possibilities.
We definitely need to shop around for insurance policies. It’s been on my to-do list forever now. I hate gather quotes but I realize that there could be some big savings. Thanks for reminding me I need to get this done!
Gathering quotes is much easier these days.
Great infographic! Thanks for sharing Grayson, definitely some things to contemplate for the upcoming year!
You’re welcome Dan!
Thanks for putting this up. The “extreme savings” category is pretty hilarious. Reminds me of college! Also, I had no idea that Warren B. resold golf balls…? Interesting.
I enjoyed it as well. College is a totally different beast!
That’s a long list of 66 ways to save money. Though it’s long, it’s easy to do, and it just have to remind me. Thanks for it.
It is long, but some ways are crazy and out there, so it balances out.
That’s a great infographic! So fun! I guess I fall under the “super extreme” category since we definitely pull stuff out of the trash. Though I don’t pick up ketchup packets because we never eat out :)!
Extreme savings can lead to extreme wealth!
There are many places here to drop coins in and get them counted, for free. If you have an account. I have dropped in over $1200 one time.
They add up.
Also, gas and restaurant coupons save a lot. You do not get rich with big winnings, you get rich with frugal attitudes. And every saving adds up.
Consider yourself lucky. Most places here won’t let you deposit coins without a fee and forget about getting them counted. Many banks are even charging fees for their customers to count their coins.
We just bought a deep freezer from a grocery story. It was 169.00 and you get over 200.00 worth of coupons.
Interesting. Didn’t know you could buy a deep freezer from a grocery store.
Great list! All of these ways to save may not amount to much on their own, but they can add up quickly over time.
I’m always reminding myself that just a little bit here and there really does add up surprisingly fast. This method works both ways though, little amounts spent here and there add up negatively while little amounts saved up or paid toward debt add up too but on the positive side. Good reminder!
Great list!! Plus I always love a good infographic!