13 Things to Cut in Half to Save Money (2024)

13 Things to Cut in Half to Save Money (1)

When it comes to living a frugal life, one of the best ways you can save is to use less of the products that you do buy.

When you use less the product will last longer, which means you’ll have to buy refills and replacements less often. Many of us use far too much of things without even realizing it. Often we do this simply out of habit but if we’ll slow down to think about how much we’re using we can save so much!

The key is to remember is that there is no correct exact amount for these items. You’ll have to experiment with each of these to figure out exactly how much is needed for you and your family. Some of you may be able to reduce your usage by more than half while others aren’t able to even give up half. These small savings may seem inconsequential but when combined together they can add up to some serious savings.

Here are 13 things you can cut in half to save money:

  • Paper-Towels/Napkins – Buy the perforated paper-towels that way you can only tear off what you need and none is wasted! I love these! Most of us barely use paper-towels or napkins before throwing them away. If you’re not sick and you don’t have stains on them, why not reuse them? I learned this trick from my grandpa. He would always have a stack of napkins at his seat that he would reuse when my grandmother didn’t prepare the meal and give him another napkin. Of course you could also use fabric napkins that you can throw in the wash and reuse instead!
  • Dryer Sheets –As soon as you buy the box, break out the scissors and cut your dryer sheet expenses by 50%! Or you could use each dryer sheets twice, this works just as well with less work! {Check out the other ways to save on laundry costs.}
  • Laundry Detergent/Fabric Softener – Danielle, from Family Centsibility, recommends cutting the recommended laundry detergent and fabric softener in half. I agree with her! Since I did this for my baby’s clothes and it got them just as clean, removing stains and all, I decided to try it on all of my laundry. It works like a charm and I’ll never switch back to their recommended amounts!
  • Soap –You can reduce the amount of liquid soap you use by 50% or more without sacrificing clean hands. All you really need is a tiny drop. Trust me, the liquid soap manufacturers know this too. You know what foaming soap is, right? It’s nothing more than a small amount of liquid soap mixed with water. You can make your own refill of foaming soap by mixing a tablespoon of liquid soap into a foaming soap dispenser, adding water, and shaking. The foaming soap gets your hands just as clean as liquid soap which shows just how little of the liquid soap is really needed.
  • Sponges – Simply cut them in half before using them and only use one half at a time. You’ll never miss the other half! Plus, microwave them or run them through the dishwasher to disinfect them so you can use them longer. {Check out the other unusual items you can run through your dishwasher.}
  • Serving Size – Most everyone in our culture overeats on a daily basis. There aren’t many people who wouldn’t benefit from smaller portions. Not only will this save a lot of money but a lot of extra calories too.
  • Juice – Juice is yummy but it’s also an expensive habit if you’re not careful. No one was meant to drink 30 strawberries or 12 apples at once. 100% juice is a lot stronger than you need to drink. We usually water our juice down by half and while it took a while to get use to at first, because 100% is all we ever knew, we love it and are completely satisfied with it now. If you start your children off with watered down juice they’ll never know any difference.
  • Printer Ink – Printer ink costs an arm and a leg and this is especially true for colored ink. While cutting your ink cartridge in half won’t help at all there are a few simple steps you can do to reduce the number of cartridges you buy. The first step is to change your printer settings so it only prints in monochrome. You can simply change it back to color any time you need to print in color. The next is to set it in draft mode for all your printing. You can switch it back to the full mode when printing an important document. These simple steps will help you save at least half of your ink! {Check out how to save $20 a year by switching fonts.}
  • Dish-WashingSoap –It doesn’t take much dish-washing soap to make a sudsy sink. Whether you put the dish-washing liquid in the water or directly on the sponge or dishes, you just need a handful of drops. A few drops is just as effective as a huge squirt but will cost you a lot less over time.
  • Shaving Cream – A think layer of shaving cream is all you need. A thick layer of shaving creamdoesn’tmake the shave any closer. If you want a closer shave, the best way to get this is to shave twice with thin layers of shaving cream. Shaving twice with thin layers of shaving cream will give you a closer shave and you’ll still use half the amount of shaving cream than most people do.
  • Make Up – Contrary to what some may think little is actually more when it comes to make up. It’s important to find the colors that are best for your complexion, face shape, and hair color. It may take some time (and money) to find the best look for you but once you do you’ll save your self time, a lot of wasted product, and frustration.
  • Kool-Aid & Other Drink Mixes – Amy, from Savvy Saving Couple, recommends cutting the drink mixes in half for 50% less sweet drinks. This is better for your figure and your wallet! I like it!
  • SOS Pads – Laura, from Another Cent Saved, says that cutting SOS pads in half will not only make them last you twice as long but cutting them will also sharpen yourscissors!

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13 Things to Cut in Half to Save Money (2024)

FAQs

What is the 50 30 20 rule? ›

The 50/30/20 budget rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must have or must do. The remaining half should be split between savings and debt repayment (20%) and everything else that you might want (30%).

How do I cut my spending in half? ›

7 effective tips for reducing your expenses
  1. Know where your money goes. Writing down what you spend for a week has been found to improve financial confidence. ...
  2. Create spending categories. ...
  3. Only spend on what matters most. ...
  4. Make the most of “monthlies” ...
  5. Eliminate impulse buys. ...
  6. Save on interest where you can. ...
  7. Consider deferment.

How can I cut back and save money fast? ›

8 ways to save money quickly
  1. Change bank accounts. ...
  2. Be strategic with your eating habits. ...
  3. Change up your insurance. ...
  4. Ask for a raise—or start job hunting. ...
  5. Consider a side hustle. ...
  6. Take advantage of a credit card that offers rewards. ...
  7. Switch up your transportation habits. ...
  8. Cancel subscriptions you don't really need or use.

Can you live on $1000 a month after bills? ›

Getting by on $1,000 a month may not be easy, especially when inflation seems to make everything more expensive. But it is possible to live well even on a small amount of money. Surviving on $1,000 a month requires careful budgeting, prioritizing essential expenses, and finding ways to save money.

How to budget $4000 a month? ›

How To Budget Using the 50/30/20 Rule
  1. 50% for mandatory expenses = $2,000 (0.50 X 4,000 = $2,000)
  2. 30% for wants and discretionary spending = $1,200 (0.30 X 4,000 = $1,200)
  3. 20% for savings and debt repayment = $800 (0.20 X 4,000 = $800)
Oct 26, 2023

How to dramatically cut costs? ›

How to Reduce Expenses and Save Money
  1. Start Tracking Your Spending Habits. ...
  2. Get on a Budget. ...
  3. Cancel Unnecessary or Unused Subscriptions. ...
  4. Reduce Electricity Use. ...
  5. Prioritize Sustainability. ...
  6. Reduce Your Housing Expenses. ...
  7. Consolidate Your Debt and Lower Interest Rates. ...
  8. Reduce Your Insurance Premiums.
Jun 20, 2024

How to stop spending money for 30 days? ›

During the 30 days, you can think about whether you really need the item or, if it's a “want” rather than a “need,” whether you want to spend discretionary funds on it. After 30 days have passed, if you still wish to purchase the item, then you can potentially do so, knowing that it's no longer an impulse buy.

How should I split my bills? ›

Splitting shared bills down the middle is one of the easiest approaches to a joint financial life. Each person pays half. This straightforward approach makes budgeting as a couple consistent. Each person pays half the rent, subscriptions or insurance from individual accounts.

What are unnecessary expenses called? ›

A discretionary expense is a non-essential expense. Discretionary expenses are costs without which businesses or households can survive. As such, they are defined as being wants rather than expenses that are needed.

How to save $1,000 ASAP? ›

Financial expert Dave Ramsey has a lot of ideas on the subject, and here are some of the most practical ways to save your first $1,000 quickly.
  1. Cancel Subscriptions. ...
  2. Bring Your Own Lunch. ...
  3. Avoid Coffee Out. ...
  4. Re-Sell Old Items. ...
  5. Shop at Cheaper Grocery Stores With Rewards Programs. ...
  6. Buy Generic. ...
  7. Join a Carpool.
Dec 28, 2023

How to save $1,000 in 3 months? ›

If you wanted to save $1,000 in three months, for example, you'd need to save roughly $84 per week. That timeline can also provide you an opportunity to invest in a high-yielding time deposit account.

How to save $5000 in 3 months? ›

If you are looking to save $5,000 in just 3 months, here are some tips to help you achieve your goal.
  1. Track Your Expenses. The first step to saving money is understanding where your money is going. ...
  2. Create a Budget. ...
  3. Reduce Unnecessary Spending. ...
  4. Increase Your Income. ...
  5. Automate Your Savings. ...
  6. Save on Utilities and Subscriptions.
Jan 22, 2024

What is the 40-40-20 rule? ›

The 40/40/20 rule comes in during the saving phase of his wealth creation formula. Cardone says that from your gross income, 40% should be set aside for taxes, 40% should be saved, and you should live off of the remaining 20%.

What is the disadvantage of the 50 30 20 rule? ›

It doesn't account for other financial plans. Since your money has three specific destinations, it can be tough to decide what to do when you have goals that aren't covered by the rule—like investments.

How do you distribute your money when using the 50 20 30 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

What is the 50 30 20 rule for 401k? ›

The rule suggests you direct 50% of your after-tax income toward needs, 30% toward wants, and 20% toward savings and debt.

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