19 Ways to Double Your Dollars and Save Money in 2019
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Whether you’re looking for short-term deals or long-term savings solutions, we know both strategies work best when they’re used together! Kick off 2019 with these effective ways to save money in the New Year!
1. Meal plan for the week.
Meal planning is a great way to save money. If you know ahead of time what you’re going to eat each day, chances are you won’t be spending money eating out! Plan around grocery store flyers and coupons to grab great deals on food sales, opt to buy generic brands instead of pricey name brand products when it makes sense, and make sure to pack a lunch for work!
Hip Tip: See how our most organized team member meal plans and shops 3 stores to save hundreds!
You may be able to possibly save even more money (and save yourself time!) by ordering online and having your groceries delivered. Grocery delivery options like Shipt, Instacart, or Peapod (where available) offer an easy way to stay away from those tempting and unnecessary goodies you might scoop up shopping in the store!
Hip Tip: Your local grocery store may offer a grocery pickup option. Depending on the grocery stores you live nearby, you can usually opt for grocery pickup instead of delivery – so basically all you need to do is arrive at the store, wait for your groceries to be brought out and loaded into your car, then you’re on your way — it’s so simple!
2. Start a piggy bank or money jug.
This year, start saving your pennies, literally! Small bills and coins really add up over time. We recommend using a piggy bank or a small neck jar (that way you won’t be as tempted to take the money back out).
Hip Tip: Check out these savings systems for kids and adults and save big together!
3. Declutter your home.
Spend some time after the holidays to clean out all those unused toys, clothes you don’t wear, and knick-knacks that are making your house feel claustrophobic. Keep items you love and that are necessary and ditch the rest!
Once you’ve done a clean out, rake in that money and host a yard sale! One person’s junk is another’s treasure, after all! Even better, get some friends together and compile your belongings for one big yard sale or rent a common space. Not only will you have fun doing it, but you’ll also increase your chances of selling more items.
Hip Tip: Check out these practical tips for ways to get your garage organized. After you figure out what you really need and don’t need, you’ll likely have a pile of items that would be perfect garage sale material!
4. Bring out your inner domestic side.
Mend those holey clothes you’ve been staring at all month rather than toss them out. Cook weekly meals instead of choosing to eat out. And even if you have help from occasional cleaning crews like some of us here at Hip2Save, you can space out their visits to alleviate service costs. Clean around the house when you can, and even put the kids to work with our 5 Motivation and Allowance Ideas That Get Chores DONE! You’ve got this!
5. Cancel subscriptions and memberships.
Don’t waste money on luxuries you’re not even using! While so many great monthly memberships are worth every penny, they’re not worth your hard earned money if you’re not benefitting from them. Most memberships are hassle-free with a cancel-at-any-time policy, so say “bye bye” to membership fees and start saving now!
6. Start saying “No”.
We don’t have to devote ourselves to every commitment in life just because a friend asked us to do something. Constantly saying “Yes” to things you might not always want to do can result in more money spending, emotional stress, and tirelessly running around. Be content with saying “no” sometimes, and enjoy the peace of just staying home without spending the money.
7. Reduce, reuse, and recycle.
Get the most use out of something by reusing instead of tossing it away. Re-purpose pant hangers as chip clips, and even use one as a clever cookbook holder! Also, try to buy gently-used items when you can, rather than buying them new. I’ve found so many great deals on Facebook Marketplace when I would have normally spent a fortune ordering it brand new online! Not only is this more cost-effective, but it also benefits our environment.
Hip Tip: Check out these fun hacks for 16 clever ways to get organized with trash!
8. Get rid of debt.
A little too obvious, maybe? I mean, everyone wants to pay down debt. What’s less obvious is enlisting the help of a trusted financial advisor to help you make a plan for crushing your debt early and to help you keep track of your spending. This will also cut down on the amount of money you’re probably spending on interest.
Hip Tip: Want to pay off that holiday debt? VIPKID is hiring teachers and pays up to $22 hourly!
You can also download a budgeting app like Digit that saves your money for you behind the scenes. After connecting your bank account, the app assesses how much money it can transfer into savings based on your spending habits to ensure it never transfers more than you can afford!
Hip Tip: See why Emily Loves this budgeting app!
9. Grow a garden.
With a little help from blogs, YouTube, and your local garden center, you can achieve a green thumb! Any knowledgeable gardener can help guide you to the perfect beginner seeds for your area so you can fill a garden with yummy fruits and vegetables. Growing your own crops will help save you money during harvest season. And even if you can’t eat them all, you could sell them to locals or swap for other fresh foods!
Hip Tip: Not a lot of space for a garden? Check out this DIY Stacked Potted Herb Garden Idea!
10. Carpool to work and events.
Gas is expensive. Save money and share the ride to work with a nearby coworker – or even offer to take turns driving together with friends when you go out for a night on the town!
11. Cut down or get rid of your cable.
Either get rid of your cable altogether or take some time to call up your cable company and reduce your monthly payment. More often than not, if you threaten to cancel or switch to one of their competitors, they’ll likely offer you a better deal than what you’re already paying (It worked for Bryn!). At the very least, they’ll be able to find you a more suitable package that fits your budget.
Hip Tip: Thinking of ditching the cable all together?! Lina successfully did this recently and shares how HERE!
Plus, start saving NOW with one of these FIVE streaming devices!
12. Switch banks or open a new account.
Check out other banks nearby to see if they’re offering promotions to switch, such as prize drawings or tempting cash incentives. Just be sure to check the conditions of the bank first, like monthly checking account fees or minimum balance requirements (you don’t want to end up paying more than you are at your current bank).
13. Take advantage of freebies.
Who would turn down free pancakes? If you enjoy getting out of the house for dinner and activities, check out all of these places that offer incentives when you join their loyalty program! While restaurants like Red Robin, IHOP, and Famous Dave’s offer free meals for your birthday, they also give you freebies just for signing up to receive their emails! Once you’re in, you’ll get email notifications with promotions throughout the year.
If you’re feeding a whole family, check out our Kids Eat Free Post for a list of restaurants that honor free meals for kids on certain days!
Hip Tip: Can’t get enough of the freebies? Check out these posts:
14. Switch to auto pay.
Want a simple and quick way to save money every month? Many monthly bills come with a discount when you switch to automatic payments. They can even be conveniently set up on the billing website via your computer or mobile device.
15. Use the 30-day rule.
Get rid of the urge to splurge and wait 30 days to buy higher ticket items. Chances are when the 30 days are up, you’ll realize you really don’t need to buy it after all! Take some shopping advice and techniques on minimalism from our Hip2Save Sidekick, Michelle:
“After watching a documentary on Minimalism I decided to rethink the way I was buying. My house is stuffed with “stuff” and I have so many clothes, it’s ridiculous.
I actually started a fun challenge with myself to wear all of my clothes. When I hang up laundry, I put it on one side of my closet and the non-worn items stay on the other side. When I get dressed in the morning I force myself to choose at least one item from the non-worn side!
After putting a halt to buying stuff for awhile. I can’t believe how much time not shopping has freed up! I don’t shop for fun and I have a default “NO!” when it comes to buying new things. If I truly need something then I force myself to get rid of a similar item.” – Michelle
16. Spend cash, don’t swipe plastic.
Using cash rather than a card makes you more mindful of your spending. Obviously, this only works for purchases made in-person, but that still accounts for much of your discretionary spending.
A great tip for online shoppers to help avoid the convenience of ordering from your couch is to delete your saved credit card information from your favorite shopping websites. This will likely make those 2 am insomnia purchases less frequent, because who wants to get out of bed to grab their card when they’re half asleep?!
17. Stay in, not out!
Choosing to stay in, rather than going out, can reduce your amount of expenses. It’s much more cost effective to host a dinner party or invite friends over rather than to pay at a restaurant or bar. And if you have young kids, chances are you’ll be saving money on a babysitter, too!
18. Travel with flexibility.
Have a fun vacation planned for this summer? If you can be flexible with your dates, you’ll find that hotels and airlines will offer drastically different prices depending on the day of the week you plan to fly. Additionally, prices vary week to week and season to season. Traveling off-peak could end up saving you hundreds of dollars!
Hip Tip: Want more travel tips? Check out these smart ways to save on your next vacation!
19. Join our FREE Hip2Save newsletter!
We wouldn’t be true Hip2Savers if we didn’t fill you in on the best deals ever! Make sure to subscribe to the FREE Hip2Save Newsletter to get email updates on the latest and greatest deals, DIYs, frugal recipes, coupons, freebies, money saving tips, and so much more! Even better, we often host contests exclusively for email subscribers!
What’s your favorite way to save money?
Tell us in the comments below!