Post # 1
I am looking for ways to save money, and/or make money on the side. I do have a day job, but I feel as though most of the time I live paycheck to paycheck. I could put money aside every month but I feel as if I always need it for groceries/life. I have heard about some online jobs you can do at home and am curious to know if anyone has any experience with any?
Also, what are some of your best money-saving tips/tricks?
Weddings are expensive, and so is life!
Post # 2
stevielee: We cook most of our meals at home and bring lunches to work. I don’t buy coffee during the week – I either make it at home or get the free stuff in the office. I comparison shop for everything, don’t shop “just for fun” and take advantage of Ebates and cash back credit card rewards when I do make purchases. I do Google surveys to earn credit for the Google bookstore so I don’t pay for my reading material. We attempt to fix everything ourselves (except home electrical issues) before either (a) calling in a professional or (b) replacing the item. We buy our smartphones one model year in arrears or used and keep them for at least two years. We regularly renegotiate cable/phone bills when our promotional periods expire. We walk as much as possible rather than use the car (bonus – exercise!). We host social events at our house rather than going out to bars every weekend. We exchange pet/kid sitting services with our friends so we never have to pay for it.
We also pay our savings account 20% of our income just like a bill and then live on what’s left.
I know none of that sounds exciting or thrilling or original, but it does work and we often save more than just the 20% minimum we set for ourselves.
Post # 3
LilliV: Great tips!
We do some of these as well, like cook at home, comparison shop, the smartphone thing..
BUT you have given me some great ideas. I usually don’t pay attention to ebates/rebates etc. but I should! We could walk places more often.
Thank you 🙂
Post # 4
stevielee: I can’t talk about the work experiences, but our biggest money savers are living more simply. We buy most of clothes at a thrift store, cook at home most days, and live in a smaller and cheaper apartment than many of our peers. I’d say our biggest savings is in living expenses. By living in a smaller place, we spend less on rent, less on utilities and less on furniture. It also means we don’t have the storage space to impulse buy!
Post # 5
Do you like working out? I taught spin on the side before I moved and it was awesome. Free membership at the fancy gym I taught at plus $38 per class and I taught 2 per week. I deposited all my gym checks into the wedding fund.
Post # 5
larissakay: this is exactly what we do! Most of what we buy is bought second hand or with coupons! It amazed me how much money we saved by doing this!
stevielee: we sold a lot of our stuff. I got about $700 just from selling our old textbooks. Downsizing was great for us. Everything net us close to $2000 and it’s like Larissakay said, it’s easier to resist impulse buys now. My husband and I spend more time reading and gardening now as well. We have our own vegetable patch and ate our first squash recently. Of course, cooking from home is a must. My fave thing to do is see what I can cook with what I have on hand.
Post # 6
No saving tips, I work from home on the side; I have a day job in corporate finance.
I’ve been doing it since 2010 when I started working for ChaCha, the old question and answer service, when I was a junior in college. I’ve worked for a whole host of different companies (eBay, Hibu, RelSci, Ask.com, etc), but these days, I provide freelance writing services through the better paying content mills. Jobs come and go, but when I’m really serious about it and make it my life outside of work, I can easily make $800-1000 extra a week, although it took me a while to get to this point (plus I have a BA in English with a creative writing focus, so it’s kind of my thing). I love knowing there’s always a financial safety net in place (and it will come in super handy when Fiance and I move after the wedding!).
Post # 7
raliel: Out of curiosity, where do you find these freelance writing gigs? Is it just thru your contacts at this point or are these jobs posted somewhere? I also work a day job in corporate finance and was an English major. I used to do freelance editing/writing work ages ago but haven’t had time in recent years, but have been thinking of getting back into it lately. Just have no clue where to start!
Post # 8
We have been doing a horrible job of it lately because of how much we have been working, but cooking meals instead of take out, and taking lunches with us instead of buying something during the day. When i was really trying to save money (ie I was broke) I limited my coffee intake to only coffee provided at work and treated myself to a Starbucks on Friday. I try to stretch getting my nails done to every two and a half to three weeks (instead of every two weeks). It’s amazing how the little things add up over time
I also put everything on my cash back credit card and pay it off every month. I have to be super vigilant with that though because it is SO easy to go over budget when I swipe a credit card as opposed to a debit card.
Our income has gone up since I purchased my car a year and a half ago and we purchased our house a year ago, but I plan on driving my little Corolla for years to come and we don’t need a bigger/nicer house, so a lot of it is not increasing how much we spend as our discretionary income goes up.
I also do contract work on the side and that’s increased my income significantly. I got the first one through my Darling Husband, and will be getting more clients because of the first gig. I can’t stress networking enough.
Post # 9
Like raliel I do freelancing. My background is in law, so I tend to do editing (I was on my law school journal). I don’t do a lot of it, so I’m not making insane money, but doing maybe 5-10 jobs last year gave me an extra $5k or so.
Post # 10
I get $ off of my horses’ board by volunteering to feed/do stalls when the Bridesmaid or Best Man has to be out of town. I do it less for the savings and more because I don’t trust unknown people giving my horse meds! But little things like that can save up- do you have any hobbies? One of my friends just does simple admin work for her kids’ ballet teacher- answering emails & minor billing for free/discounted classes for her daughter.
Post # 11
stevielee: if you haven’t ever heard of Dave Ramsey, I highly suggest looking him up and listening to his radio show/podcasts/YouTube clips, etc. He is an expert in debt management and has very real approaches to living on less than you make and living debt free lifestyle.
Darling Husband and I live a comfortable lifestyle while carrying no Consumer debt, and putting money away every month. We cook at home 28 days of the month, bring our own lunches, use our cash back credit card and pay it off every month, drive our vehicles until they are worthless, THRIFT!, shop at Aldi, and keep a super detailed budget. Every dollar that comes in has a place and we each get a “fun money” allowance each week to use on whatever we would like- no questions asked. We also both have hobbies that don’t cost a lot of money– running, cycling, etc, and volunteer on the side as using our talents to help other people.
Sure, it sucks to be responsible, but Dave always says, “If you live no like no one else, you will be able to live and give like no one else later.”
Post # 13
stevielee: this weekend I cut my husband’s hair at home. For my first attempt at something more complicated than a whiffle cut it turned out pretty darned good (youtube videos helped!). Plus we hung out and had some fun while saving $25. I have really long hair so next time I need a trim he’s going to try doing mine – we figures if he messes it up I still have plenty of length to run to a salon and get it fixed.
Post # 14
LilliV: I cut my hair myself using variations of the ponytail method. It’s really easy! I have long layers, which are forgiving. I bought a pair of $8 hair cutting scissors that I use only for hair so they stay sharp.
Post # 15
Alpine1994: I just sent you a pm with a question about teaching spin:)