Looking for easy ways to save money? Sometimes spending money can save you hundreds or thousands of dollars in the long run. Read below about eight items that can help lower your everyday costs and improve your quality of life.
A transit pass can save you hundreds of dollars a year in gas and parking fees if you live in or near a large city. With the cost of fuel going up, metro transit authorities in many cities added new routes in response to commuting needs. If there are no transit routes nearby, search the local classifieds for carpool or ride-share listings in your area.
2. TV-streaming device
Thinking about canceling your cable but still want to watch movies? Consider buying Apple TV, Roku or Amazon Fire. Even with the initial cost between $50 and $100, it will save you thousands of dollars. You can stream movies from Netflix or Hulu Plus for as little as $8 per month.
3. Espresso machine
If you spend $4 on coffee on your way to work every day, you are spending over $1,000 a year. Purchasing a good coffee machine will cost anywhere from $100 to $1,200 but it'll pay for itself in the long run.
4. Crockpot
Buying a crockpot can save you hundreds of dollars in takeout or restaurant costs in a year. Just put a few ingredients into the crockpot in the morning and by dinner time you will have a delicious meal.
Water can become expensive if you buy bottled water for $6 a case or for $1.50 from a vending machine. Purchase a reusable water bottle for each member of your family to save hundreds of dollars a year.
6. Programmable thermostat
You can set a programmable thermostat to change the temperature at certain times of day. By using less energy, you will be saving as much as $180 per year based on the Environmental Protection Agency's estimates.
7. Personal Finance books
Reading personal finance books, like Dave Ramsey's "The Total Money Makeover," can help you understand how to handle money, including savings, debt and investments.
8. Hobby equipment
If you have a hobby and are good at it, you can turn it into a career. It may require an initial investment into tools or equipment. You will enjoy doing what you love and make money at the same time.
1. Transit pass
A transit pass can save you hundreds of dollars a year in gas and parking fees if you live in or near a large city. With the cost of fuel going up, metro transit authorities in many cities added new routes in response to commuting needs. If there are no transit routes nearby, search the local classifieds for carpool or ride-share listings in your area.
2. TV-streaming device
Thinking about canceling your cable but still want to watch movies? Consider buying Apple TV, Roku or Amazon Fire. Even with the initial cost between $50 and $100, it will save you thousands of dollars. You can stream movies from Netflix or Hulu Plus for as little as $8 per month.
3. Espresso machine
If you spend $4 on coffee on your way to work every day, you are spending over $1,000 a year. Purchasing a good coffee machine will cost anywhere from $100 to $1,200 but it'll pay for itself in the long run.
4. Crockpot
Buying a crockpot can save you hundreds of dollars in takeout or restaurant costs in a year. Just put a few ingredients into the crockpot in the morning and by dinner time you will have a delicious meal.
5. Reusable bottle
Water can become expensive if you buy bottled water for $6 a case or for $1.50 from a vending machine. Purchase a reusable water bottle for each member of your family to save hundreds of dollars a year.
6. Programmable thermostat
You can set a programmable thermostat to change the temperature at certain times of day. By using less energy, you will be saving as much as $180 per year based on the Environmental Protection Agency's estimates.
7. Personal Finance books
Reading personal finance books, like Dave Ramsey's "The Total Money Makeover," can help you understand how to handle money, including savings, debt and investments.
8. Hobby equipment
If you have a hobby and are good at it, you can turn it into a career. It may require an initial investment into tools or equipment. You will enjoy doing what you love and make money at the same time.
Related Articles
Stay Informed
Get the best articles every day for FREE. Cancel anytime.