Easy Ways I’m Currently Saving $1,200 Each Month

Easy Ways I'm Currently Saving $1,200 Each MonthLately, we’ve been trying to save as much money as we realistically can.

We’re not doing anything too crazy, but we are trying to make a few lifestyle changes so we are not frivolously wasting money that doesn’t need to be spent.

We are mainly trying to save money so that we can put a large down payment on our next home. We also want to start investing more heavily and take more trips.

We’re saving money in many other different ways besides just the ones below. However, the ones below are areas we are primarily trying to work on and they equal a total savings of around $1,200 a month right now.

 

We’re eating out less.

I’ve talked about this in the past, but I’ve never really dived into this topic too deep because I’ve been ashamed. While we are spending no where near the ridiculous amounts of money that we used to spend on going out to eat, just a few months ago we were still not doing very well.

I estimate we are currently saving around $500 a month by not eating out as much over just a few months ago.

We have been able to cut down on eating out less by eating at home as much as we can. Of course that would be the case, but it’s really been meal planning and less food waste that has really helped us cut down on our food spending.

We now shop with a grocery list and stick to the grocery list as much as we can. We have no where near the amount of food waste we used to have. I believe I once read a statistic that said the average family throws away around 40% of the food they buy.

That’s a TON of food waste!

 

We’re cleaning out our pantry.

Our pantry and cabinets are nearly bare because of this one. We have been making meals out of the food products we already had in our pantry. I was sick of our pantry continually building up more and more. We had cans and boxes of food filled in our cabinets, so I made it our mission to finally start eating everything.

I’m sure some of you are laughing at this, but I know there are a LOT of you out there who are guilty of this as well.

At one point I believe we had around 5 different packages of spaghetti noodles in our pantry. That didn’t include the other 10 different kinds of pasta noodles we had in there as well. We also had cans of vegetables and everything else in there. It was ridiculous and it seemed like it was never ending.

Now though, I believe we only have a few cans left and we actually have NO pasta left. It’s like a whole new world here!

I believe we have probably saved around $100 by doing cleaning out our pantry. Seems like a lot but we had a lot of food in there, and I’m sure you do as well.

 

We have a fuel efficient car.

Last month, we got rid of our Camaro and traded it in for a 2015 Subaru Legacy. The Legacy was more affordable and it gets twice as good gas mileage, which is amazing.

We were tired of having two cars that only got 15 miles to the gallon (our other car is a Jeep Wrangler), so we decided to trade in the Camaro.

This switch has been saving us around $350 per month already.

We are about to go on another road trip, and driving the Subaru will save us around $400 on this trip alone. That is a GREAT amount in savings.

 

We’re thinking about cutting out our cable completely.

This is one we haven’t fully done yet, but we did recently lower our cable package. We cut some channels out and were able to save $20 each month. If we were to cut it further, we could save around an extra $40 a month.

The reason why we are thinking about cutting our cable is because we hardly ever watch it now that we have Netflix. We signed up for Netflix around two months ago and haven’t really watched anything else.

This means a potential overall savings of around $50 a month from cutting our cable and adding Netflix to our lives.

 

I’m on a unexpected clothing fast.

I haven’t been trying to lower my clothing spending, it just happened. I honestly can’t even remember the last time I bought any clothing for myself. I’m going to guess that it’s been around 5 months.

I’ve been to the mall a few times, but nothing ever seems to work so I just haven’t bought anything. Also, working from home means I’ve been a little lazy when it comes to finding fun outfits to wear.

I’m going to guess that this unplanned clothing fast has saved me around $200 each month.

Oh yeah, and I also sold some clothing the other day and made $40. I plan on also donating around 6 bags full of clothing as well. WOOHOO!

 

How are you currently trying to save money?

How much money do you think you save each month?

 

Weddings Pictures, Reviews and a Beg For a Vote

It’s finally here. I received my wedding photos the other day and I’m excited to finally share some of them with you. I won’t be sharing all of them because there are over 1,000 pictures!

I also included little reviews and links (this is not a sponsored post) for some of the items I bought for our wedding. I know some of you were interested in the vendors we used, so I thought I would make it easier that way. This is probably my last wedding-related post for awhile, so enjoy!

Also, please scroll down to the end to help me out by voting for me :)

 

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A Spender and a Saver Relationship

A Spender and a Saver RelationshipAs most of you know, Wes and I have had combined finances, lived together, and owned a home together for quite some time. Because of this, we have always been very open with our finances and our spending habits.

Thing is, we are completely different when it comes to finances.

I am a crazy saver.

I’ve talked about this before in Confession: I Let Money Control My Life. I compulsively check our financial accounts, we have a large emergency fund, I always think about our financial goals before we spend money, and so on.

Wes on the other hand, is a spender.

He knows how to use money to have fun and enjoy life. He plans fun trips and fun ways to spend his money, and he doesn’t worry or wonder about every little purchase.

When in a spender and a saver relationship, below are different areas you may want to think about:

 

I think spenders and savers can make a great match.

I think me and Wes (financially) make a great match BECAUSE I am a saver and he is a spender. Some would say that a saver with a saver, or a spender with a spender is a better idea because there will be less conflict, but I just don’t agree with that.

Instead, we each are learning and growing from each other and together.

I have taught him that saving can be a good thing. We have financial goals and we keep each other in check so that we can reach them. He understands the importance of saving and how it can help us.

He has taught me that money can be enjoyed as well. If it weren’t for him, I would probably not be enjoying life at all because I would be agonizing about every little penny. While that may work for some, I believe that life is meant to be enjoyed. He helps me live life more!

 

Be open about your finances.

If you have opposite spending/saving habits, then I always think it’s best to be open and communicate about your finances. You might want to have routine money talks, discussions about “allowances,” and more.

In your talks, you might want to discuss why each of you are the way you are, how much debt the other has or has had in the past, and what your long-term goals are.

 

Don’t hide money.

Whether you are the saver or the spender in the relationship, some might try to hide money in their relationship. According to a survey done by CreditCards.com, around 7% of those they surveyed were hiding money from their significant other. Most of them either have a secret credit card or a secret savings account.

The saver might try to hide money so that the spender can’t spend it. They might lie about how much money is saved or how much money they currently have so that the other person has less “access” to spending the money.

The spender might try to hide money so that they can have more money to spend at a later time. They might rack up credit card debt on the side so that they can still spend money.

I think having a secret account can be devastating to a relationship. This is something you definitely do not want to do. How would you feel if you found out your significant other had hidden money or hidden debt?

I’m going to assume that would not be the greatest feeling…

 

Maybe having a separate account is what you need.

For some, having separate financial accounts may be what you need. I know of a few different couples who have separate finances and wouldn’t have it any other way.

This way each person is in charge of their own finances.

 

Are you the spender or the saver in your relationship?

What do you do to make it work?

 

P.S. Please come back tomorrow. I have a Reader Question going live tomorrow and this reader needs your help.