Are you intrigued by saving a few bucks here and there? Do you unplug your power strip every time you leave the house, just so that you can save $5 a year on electricity? Or, maybe you never open your windows while driving because it creates drag and therefore wastes gas and money. You might even be one of those people that has their thermostat set so low in the winter that you have to pull out your coat once in a while just to warm up. While all of these methods may save you money, they don’t really make that much difference, and sometimes your tactics turn you into the Chief of Cheapskates at the office. It might just be me, but I like to steer clear of that “honor”.
My Personal Example For Saving Money
I admit that I do have some weird tactics for saving money, but for the most part, I like to make saving money simple. I’ll lead off my explanation with an example.
My dad in law is a very generous man. Over the years, he has acquired quite a few tools and other odds and ends. He not only lets me borrow them from time to time, but he’s given plenty of useful items to me as well. Recently, he got his hands on a snow-blower and thought that I might want it – he even offered it to me free of charge! Most people would have jumped at the opportunity, but I told him I’d get back to him.
You might initially think that I’m crazy for not taking the snow-blower home that same day, but let me take you through my thought process:
- I asked myself, ‘what was I using now?’ A shovel. Since we have a small driveway, it really isn’t that difficult to clear the snow with a shovel; plus, I kind of enjoy the exercise. The cost of the shovel: $6.
- Where would I put a snow-blower? I really don’t have a spot for it. Our garage is a super-small one-stall and wouldn’t have room to hold it. We’d have to build a separate shed to store it when it wasn’t in use. The cost of this might be in the realm of $1,000.
- Cost of repair. If my shovel broke, I could buy another $6 shovel. If my snow-blower broke, I’d most likely try to fix it or feel that I would have to replace it. This cost could easily turn into a $200+ expense.
- Cost of maintenance. A snow-blower takes gas and oil, and while it may not add up to that much over time, it’s still an expense. Shoveling is free.
Ultimately, you can probably guess that I did not ever decide to take that snow-blower home. I’m content with my shovel, and it will definitely save me money in the long run.
Other Areas of Money Saving
Another main area that will save you money is that television of yours. How much did you spend on that thing? $100? $500? $1,000? $4,000? Whatever the cost, this was an unnecessary expense. You could have saved on the initial cost of of the TV, and you wouldn’t have to worry about wasting electricity when you watch it!
That sound system in your car is a completely unnecessary expense. It would have been much wiser to keep your money and listened to a bit more treble. No one really needs to feel their seat vibrate as they drive down the road.
Live Simpler, Save Money
Doesn’t it just make sense to live simpler? The fewer things you own, the fewer maintenance costs you will have, and the more you will save in the long-run! Live a simpler life, and you will start seeing your bank account grow beyond your wildest dreams! It’s not easy, but it certainly is worth it.
What do you think about this method of saving money? Do you live a simple life?
photo by: mullica