7 Inconvenient Ways to Save Money - Jessi Fearon (2024)

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By Jessi Fearon 37 Comments

Saving money is a challenge with numerous ways to make it work. The biggest issue with saving money is that most of us believe that saving money is only linked to couponing, sales, and ways to stretch your clothing budget further or earning free money.

However, there is another potential way that you could save even more money, inconvenient ways they may be, they can save you $100’s over the course of a year. By inconvenient, I mean making your family’s commonly used items homemade or switching to more cost effective options.

Paper Towels

(This one annoys all my neighbors when they come over and it annoyed my hubs for a long time too, until he realized it truly does save us money.) Get rid of them and replace with white bar mop cloths. You can save an average of $260 a year by making the switch. You can purchase bar mop cloths anywhere and buying them in white allows you to bleach any stains. Bar mop cloths are super absorbent and can be reused multiple times. Keep them next to your kitchen sink in a pretty container and you are all set!

Detergent

Make your own homemade laundry detergent. Making your own detergent can seem time consuming but it will save you a ton over the course of the year. Most homemade laundry detergent recipes will cost you roughly $0.06 a load and my family has saved over a $1,000 in eighteen months just by making our own laundry detergent. Another way to save in the laundry room is to clothesline dry your clothing. (This is great to do with little ones clothing – they dry fast hanging up.)

Daily Shower Cleaner

You can make this homemade too! All you need are equal parts vinegar and water. To cover up that vinegar smell you could use lemon or orange juice. If you have any essential oils at your disposal, you could add a drop or two to the solution. Possible Savings: $20 a year (per bathroom)

Fabric Softener

Use ¼ cup of vinegar in your washer’s fabric softener compartment and you could save an average of $78 a year. (I promise, it will NOT make your clothes smell like a pickle factory.)

All Purpose Cleaner

Use a more concentrated version that requires you to dilute before use. Buying a more concentrated cleaner can cost you more up front but since you will not need to purchase it as often you could potentially save over $70 a year. Another option for an all-purpose cleaner is equal parts water and vinegar.

Refill Liquid Hand Soap Dispensers

Instead of spending a bundle every couple of weeks replacing your hand wash dispensers consider buying a large liquid hand soap container and refilling all of your already purchased hand soap dispensers. Possible savings: $100 a year. If you are worried about germs, you can purchase a dishwasher safe refillable liquid hand soap dispenser and run it through the hottest cycle before refilling.

Floor Cleaner

Use a ½ cup vinegar for every gallon of water. This solution does not leave a sticky residue and is safe for hardwoods, laminate, and tile. If you have a spray mop that does not have a refillable charger, just poke a hole at the top of the charger and use a funnel to refill as many times as needed. If your spray mop does not come with a washable/re-useable cloth just use a microfiber cloth instead of the disposable ones. Possible savings: $75 a year.

If you decide to use all of these options, you could possibly save your family an average of $600 a year. It is no fun to have to be inconvenienced but considering the time that it would take you to clip the coupons, search the sales, get in your car, drive to the store(s), and back home, you could have made every item on this list yourself and saved the trip (and the gas!).

I personally use all of these methods of being inconvenienced to save our family money and now, they no longer seem inconvenient.

What are some inconvenient ways you have been able to save?

JOIN THE CHALLENGE!

Money controlling you? I know the feeling. My family has been living this real life on a budget for a long time and I can tell you that there's never a perfect season, but with a few changes you can start to reign in your money issues.

7 Inconvenient Ways to Save Money - Jessi Fearon (2)

Join the 5-Day Challenge today and start getting your money life in order this week!

7 Inconvenient Ways to Save Money - Jessi Fearon (2024)

FAQs

What is the modern way of saving money? ›

Make a budget and make saving a necessary expense. Try out different budgeting methods until you find one you can stick to. Cut down on spending. Use budgeting apps to find out where you're money is going and look for places where you can cut back.

How to save $5000 in 100 days? ›

It works like this: Gather 100 envelopes and number them from 1 to 100. Each day, fill up one envelope with the amount of cash corresponding to the number on the envelope. You can fill up the envelopes in order or pick them at random. After you've filled up all the envelopes, you'll have a total savings of $5,050.

What is the golden rule of saving money? ›

The rule of 25X is the thumb rule when it comes to retirement savings, where you need to save 25 times your annual expenses. This rule says that an individual can think about retirement when they have funds worth 25 times their annual expenses.

What is the 50 30 20 rule? ›

Those will become part of your budget. The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

What is the old way of saving money? ›

With friends. Another way to save money was to leave them with trusted friends over an agreed period. This way, people knew their money was safe and they could access them when needed. Not having direct access to the money made it less likely that they could spend it on impulse.

What is the 7 rule for savings? ›

The seven percent savings rule provides a simple yet powerful guideline—save seven percent of your gross income before any taxes or other deductions come out of your paycheck. Saving at this level can help you make continuous progress towards your financial goals through the inevitable ups and downs of life.

What is the envelope trick to save money? ›

The 100-envelope challenge is pretty straightforward: You take 100 envelopes, number each of them and then save the corresponding dollar amount in each envelope. For instance, you put $1 in “Envelope 1,” $2 in “Envelope 2,” and so on. By the end of 100 days, you'll have saved $5,050.

How to save $100 in 30 days? ›

The goal of the Challenge is simple: save $100 in a 30-day time period through a series of gradually increasing deposits. November has 30 days so every day is a savings day. As shown in the picture below, daily savings deposits start at $1 a day for five days followed by $2, $3, and $4 each for five days.

Is it good to save $1 a day? ›

Over the same period of time, that one dollar a day will earn $6690 in interest over 30 years and you'll end up with $17,492. If you manage to secure a 5% interest rate, your 30 years of adding one dollar a day will earn you $14,186 in interest, with the end result tallying $24,989.

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