Wednesday, June 22, 2011
How Do You Save Money?
As you work with less income or only have one family member bring in the dough, what sacrifices have you had to make? How do you save money? How do you make ends meet? Have you had to change your spending habits? Do you shop differently or now cut out coupons?
The year 2009 was difficult financially for many. My husband and I both had to take a cut in pay, but we were able to make ends meet because we had a roommate for extra income and we went down to a one-car family. The year 2010 seemed to bring some promise for the next year and we went back to full salary, bought a second car, and our roommate moved out. Then 2011 hit. Both my husband and I had to take another cut in pay, but we also had a new car payment and no assistance in our mortgage payments now without a roommate. Needless to say, money got tight quick.
One way we started saving money is by switching from me to my husband doing the grocery shopping. I used to shop Henry's and Trader Joes, but bulk is less expensive so my husband does all the grocery shopping by visiting Costco weekly. Okay, so I'm kind of getting tired of the same-o-same-o, but it is what it is.
The most recent discovery in our lives are all those sites out there that offer great deals such as Groupon, Living Social, Daily Deals, Hookup, and BuyWithMe. I love these sites and I have signed up with every one of them. I know, it clutters up my inbox, but for a savings it is worth it. One thing is one has to be careful to take a deal that benefits ones family not a deal that creates extra spending.
So what do you and your family do to save money or make ends meet during this time of economic hardship?