Creative Ways to Save Money This Spring
Posted On: May 3, 2022 by The Middlefield Banking Company in: Budget Savings
Conduct A Closet Cleanout
Spring is a time for cleaning, so why not address your closet? As the warmer weather comes, we are reaching for the sweaters less and less. It’s a great idea to do a deep dive into what you have in your closet so you can get rid of items you’ve not worn in ages as well as find some items you forgot you had. Decrease your urge to purchase new by organizing what you have in a way you can easily see all your options to pick from. You most definitely will come across old favorites you’ll be excited to wear, as well as maybe some items you forgot you purchased and still have the tag on.
Once you decide what you’ll be keeping and what you’ll be getting rid of, sell some of your clothes. Spring is a great time to either have a garage sale or even sell online with Facebook Marketplace, Postmark, etc. Those old clothes can turn into some extra cash this spring.
Gain A Green Thumb
Fresh produce seems to taste the best in the warmer months, but the cost can really add up. Consider planting your own garden this spring to save a little extra. Not only is growing your own produce better for your wallet, but it is great for your health. Gardening can be a fun hobby for you and the kids. If you can devote some time to maintaining a garden, your stomach and budget will thank you.
Having a garden gives you the freedom to plan your meals around what you have as well as incorporating fresh fruits and veggies into a majority of your meals. As your thumb gets greener, you could consider selling some produce locally as a side hustle. The cost of having your own garden can be very budget-friendly, but it also is a free hobby to enjoy and unwind with after a hard day of work.
Better Your Budget
If you want to save a little extra this spring, look through your budget and see what you can cut. Maybe you save a little extra and cancel the TV subscriptions as you will be spending more time outside or cancel the gym membership and get your exercise for free outdoors. Be in control of what you are spending your money on, spring is a great time to cut unnecessary spending so as fun stuff comes up this summer, you have the spare cash.
The best part about the spring and summer months is that you can do free activities outside rather than going out and spending money on activities all the time. Rather than eating out, consider grilling or cooking outside. This is such a fun activity to do with friends too when planning your next night out. You could try out a spending freeze where you don’t spend for x number of days to save extra to either save for or cover an upcoming expense.
Enhance Your Energy Efficiency
One of the biggest ways you can save this spring is to be energy efficient. Cut the cost of some of your bills by using the nice weather to your advantage. Spring is the time of year you can shut off the heat and open the windows. As the weather heats up, be frugal when you’re turning your AC on.
Keep your house cool by adding window treatments to reduce the amount of heat that gets in. Another way to be more energy efficient is to run your large appliances less. For example, consider only running full loads of dishes or laundry. One tip that many people forget is to shut your fans off when they are not being used. A fan running is not cooling your house, so when you’re done cooling off, shut it off.
Spring clean your savings with these creative tips. Spring and summer seem to be busy months with a lot of fun stuff to go and do. Start saving a little extra here and there to add an extra chunk to your savings. Save this spring to set yourself up for a financially successful year. The more frugal you can be to cut some costs, the bigger the payoff you will see.
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