Want to save more money? Do without. (2024)

Want to save more money? Do without. (1)

Yesterday I stopped into the grocery store with my kids and husband. We needed to pick up just a few things like produce and milk.

As we were headed toward checkout, going down the snack/chip aisle, my four-year-old daughter exclaims, “I love these – they are my favorite, can we get them mama?” She’s pointing enthusiastically to a package of Keebler cookies, priced at $3.89.

I reply, “Sorry honey, those cookies aren’t sale, not today.”

My daughter pauses for a second and then says, “Okay, maybe next time!” and she skips off down the aisle. This happens many times during a grocery shopping trip, I didn’t think twice about it – and frankly, neither did my daughter.

I glance up and notice a women who was watching (and hearing) the conversation from a few feet down the aisle. She smiles a half-smile/frown and turns slowly away. Her half-smile/frown felt likesympathy for me. Like, “I’m sorry you can’t afford those cookies for your adorable kid, it must be so hard to say no. . .”

But what this sweet woman didn’t know is . . . she didn’t need to feel sorry for us. . . .This is how we shop.

When I decided to stay home with my kids (seven years ago!)it meant cutting our income by 60%. That’s right, 60 percent. Take $100 and throw $60 of it out the window. What was once $100, became $40 at the grocery store. I wouldn’t change staying home for a second. I wouldn’t trade anything for those extra 60 dollars, but I would bepicky in how I spentthe moneyI had left.

For us, this meant – if it wasn’t on sale and/or wedidn’t have a coupon – we generally didn’t buy it. It was that simple. If it wasn’t a loss leader in the grocery ad (one of the best of the best deals), we wouldwait, and do without, until itwent on sale.

And now, seven years later, our budget isn’t as tight – but we still live by this principle.I could have afforded to buy my daughter those Keebler cookies, but it wasn’t a NEED. And if we’re being honest here – they aren’t her favorite cookies, I think she’s had them once or twice in her entire life – those Keebler cookies are just one of dozens and dozens of products in the grocery store that she “loves with all her heart.” I’m sure, if you have kids, you understand.

Want to save more money? Do without. (2)

For half the price of those cookies, we purchase two pounds of apples on sale – which actually, while I’m typing this, she’s eating with great joy. Those Keebler cookies are a distant memory.

Now this isn’t a debate about processed junk food and produce.If the apples were $3 a pound, we wouldn’t buy them this week either. Butifbaking supplies were on sale, I could probably buy ingredients to bakemany batches of cookies for under $4 – while also creating memories with my daughter.

This is reallyabout determining needs VSwants – and how can we manage a tight grocery budget by saying no to items that are essentially overpriced.It’s a constant juggling act of prioritization and thoughtful consumerism.It’s about avoiding impulse purchases, ignoring the in-store marketing gimmicks and makingintentional choicesabout what we put into our cart- and how we spend our hard-earned money.

Want to save more money? Do without. (3)

It’s about building our weekly menuon what’s on sale. Not just going into the store and buying what sounds good – that adds up so fast. It’s about eating what’s in season in the produce department (those are the best prices!), it’s about finding manager markdowns on meat and produce – and making a meal from it. It’s about being flexible and enjoying the puzzle of putting together the very best bargains in the store, to feed my family. It’s not a miserable-do-without-lifestyle – it’s money-smart and it’s about making the most of the resources we’re blessed with.

Our society is so full of consumerism, marketing and the idea of – you can have what you want, when you want it – with no implications. The grocery store is no different. They are set up to sell–the smells, the fancy displays, the free samples, the misleading signage – it’s all set up to make shopping enjoyable and easy for you – because ultimately you’ll spend more money. But remember, you are in charge. It’s your money. You can play the game strategically and come out ahead – every time – if you can say no when the prices are too high and say yes when it makes sense for you, your family and your budget.

EVERYTHING GOES ON SALE. . . EVENTUALLY.Most everything we want or need goes on super sale about every 12 weeks – some items much more often than that.If it’s something my family loves and uses often – we stock-up when it’s at it’s best price. I know those Keebler cookies will be as low as $1.99 in two weeks when the stores are pushing junk food for the Super Bowl and people have fallen off their New Year diets. I might pick up a package then,but probably not, because it really was just a passing impulse.

As your stockpile grows, it’s easier to do without.Some weeks I don’t shop, except for maybe produce – because the deals just aren’t that great. By having a stockpile of basic foods – pasta, rice, bread (in the freezer), canned tomatoes, freezer meals – whatever we might on hand – we are able to avoid paying high prices and still make healthy, enjoyable meals at home.

At the end of the day,my kids are healthy, happy and well-fed kidsby any calculation. Compared to other areas in the world – we are downright spoiled by the food choices and the meals we eat.I stock up on their favorite foods when they are on sale (and especially when paired with a coupon) and they are joyful, happy kids. . . . who understand and know the value of a dollar. They understand that if we don’t buy something now, we can probablyget it later. We aren’t just surviving, by living without, I truly believe we are thriving.

Want to save more money? Do without. (4)

By living with a balanced budget (and saying no) we’re able to splurge in other areas – like an amazing trip to Disneyland last summer (my kids saved their pennies, too), weekend road trips, eating out when it makes sense and the occasional splurge on our “favorite” foods. 🙂

If you stick to a tight budget – find ways to reward yourself and your family! Perhaps you cut out soda or chips – and the money you’re saving goes into a vacation fund? Or maybe you use $10 in coupons and want to treat yourself to a $4 latte? The beauty of it all? It’s your choice how you spend your money – make it count.

When you say no to something –you can say YES to other things. If you’re strategic and steadfast in what you choose to give up – you can say YES to the things that truly matter to you and your family.

I think you’ll find that by doing without, you actually end up with MOREin the long run.

What do you think about this? Are there certain things you say “no” to, so you can splurge in other areas?

Want to save more money? Do without. (2024)

FAQs

How can I save money if I don't make enough? ›

SHARE:
  1. Focus on small changes in various budget categories.
  2. Automate your savings into a high-yield savings account.
  3. Earn interest on your checking account.
  4. Use those three-payday months to save more.
  5. Keep a budget.
  6. Shop around for insurance rates.
  7. Refinance your mortgage.
  8. Find a way to save on rent.
Oct 19, 2023

How can I save more effectively? ›

General Savings Tips
  1. An emergency fund is a must. ...
  2. Establish your budget. ...
  3. Budget with cash and envelopes. ...
  4. Don't just save money, save for your future. ...
  5. Save automatically. ...
  6. 'Start Small. ...
  7. Start saving for your retirement as early as possible. ...
  8. Take full advantage of employer matches to your retirement plan.

How to save money when you are broke? ›

Make a budget.
  1. Set a savings goal. ...
  2. Set up direct deposits to go into savings. ...
  3. Buy generic. ...
  4. Stay out of “that store.” ...
  5. Cancel some subscriptions and memberships. ...
  6. Join gas rewards programs. ...
  7. Meal plan. ...
  8. Use cash-back apps and coupons.
Jun 13, 2024

How to live poor and save money? ›

How To Save Money Fast On a Low Income: Making Ends Meet
  1. Create a Budget. ...
  2. Open a Savings Account. ...
  3. Save Money on Bills and Utilities. ...
  4. Cancel Unwanted Monthly Subscriptions. ...
  5. Pay Off Outstanding Debts. ...
  6. Always Look For Deals. ...
  7. Change Your Financial Institution. ...
  8. Get A Side Job.
Jan 26, 2024

How to survive with low income? ›

16 Tips To Live Well on a Low Salary, According to Dave Ramsey
  1. Use an App To Budget for Gas. ...
  2. Join a Gas Rewards Program. ...
  3. Automate Your Savings. ...
  4. Cancel Automatic Subscriptions. ...
  5. Make a Budget. ...
  6. Compare Insurance Rates. ...
  7. Air Filter Replacement. ...
  8. Buy Cheaper Groceries.
Apr 20, 2024

How can I save $1000 fast? ›

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 motivate to save money? ›

Here are six ways to stay motivated to save—so you can stick with it for the long haul.
  1. Start With Your Goals. ...
  2. Save Smarter, Not Harder. ...
  3. Try a Money-Saving Challenge. ...
  4. Save With a Friend. ...
  5. Get Inspired by Others. ...
  6. Celebrate Your Progress. ...
  7. Slow and Steady Wins the Race.
Jul 10, 2023

How do you grow your money? ›

A balanced approach that involves investing in a diversified portfolio of stocks and bonds works for most people. However, those with higher risk appetites might prefer dabbling in more speculative stuff like small-cap stocks or cryptocurrencies. Others may prefer to double their money through real estate investments.

How can I save money if I barely make anything? ›

11 Foolproof Ways to Save Money On a Low Income
  1. Create a Budget. ...
  2. Open a Savings Account or Savings Pod. ...
  3. Drop Unneeded Monthly Memberships. ...
  4. Take a Hard Look at Your 'Unavoidable' Expenses. ...
  5. Save Money on Food. ...
  6. Save Money on Utilities. ...
  7. Commit to Buying Nothing New. ...
  8. Change Where You Keep Your Money.
Jan 4, 2023

What should you not do to save money? ›

Here are seven money-saving barriers — plus advice on how to knock each of them down.
  • Spending too much on housing. ...
  • No defined budget. ...
  • The “I'll save when I make more money” mindset. ...
  • Lack of a measurable savings goal. ...
  • Student loan payments. ...
  • Your comfort zone. ...
  • Overusing credit cards.

How to stop wasting money? ›

How to Stop Spending: 7 Strategies to Try
  1. Discover your “why” Curbing your spending means saying no to purchases from time to time. ...
  2. Review your spending habits. ...
  3. Redirect your behavior. ...
  4. Build a budget. ...
  5. Pay with debit or cash. ...
  6. Make the most of your mobile banking app. ...
  7. Try a no-buy.

How do I deal with not making enough money? ›

Coping with Financial Stress
  1. Understanding financial stress.
  2. Effects of financial stress on your health.
  3. Tip 1: Talk to someone.
  4. Tip 2: Take inventory of your finances.
  5. Tip 3: Make a plan—and stick to it.
  6. Tip 4: Create a monthly budget.
  7. Tip 5: Manage your overall stress.
Jul 31, 2024

How to save $10,000 fast? ›

6 steps to save $10,000 in a year
  1. Evaluate income and expenses. To make room for saving, you'll need a meticulous budget that outlines all your sources of income and all your expenditures. ...
  2. Make an actionable savings plan. ...
  3. Cut unnecessary expenses. ...
  4. Increase your income. ...
  5. Avoid new debt. ...
  6. Invest wisely.
Apr 2, 2024

What to do if you don't have enough money to pay? ›

What to Do When You Can't Pay Your Bills
  1. Cover your Four Walls. ...
  2. Create a budget. ...
  3. Cut any unnecessary spending. ...
  4. Stop taking out debt. ...
  5. Watch out for debt scams. ...
  6. Plan ways to increase your income. ...
  7. Contact your lenders. ...
  8. Give your creditors their fair share.
Apr 2, 2024

How to save 20K in 2 years? ›

7 Fastest Ways To Save $20K, According to Experts
  1. Start With Your Goal. Jay Zigmont, Ph. ...
  2. Create a Budget and See What You Can Save. ...
  3. Open a Savings Account and Set Up Automatic Contributions. ...
  4. Find Ways To Cut Back. ...
  5. Sell Your Unwanted Stuff. ...
  6. Evaluate Your Insurance. ...
  7. Generate Additional Income.
Jul 23, 2024

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