When you are looking for new ways to save money, then you can be surprised by where your mind takes you. A person’s mind on a budget can develop some innovative ideas.
These genius ideas are super easy for anyone to copy- you can become a frugal genius in your own right if you follow these tips!
Here are fifteen examples of a financial stroke of genius you could try today.
1. Growing Your Own Food
Okay, so there’s nothing novel about growing food; people have been doing it since the dawn of time. But a vertical herb garden or tomato plant on your porch? That’s a fun example of something that can benefit you financially.
2. Negotiate Your Rates
Everyone is too quick to pay the rate offered, but what would happen if you called and tried to talk that rate down? Yep, these companies will often abide by this to some extent.
3. Learn About Taxes
The better versed you are in how your taxes work, the easier it is for you to take advantage of tax breaks and incentives.
4. Repurpose
Think like an innovator: that old t-shirt could easily be a dusting rag, while that takeout container could be new Tupperware.
5. Cut Your Own Hair
Haircuts can be expensive. And while not everyone has the vision to cut their hair themselves, you might want to consider it if all you need is a touch-up now and then.
6. Try DIY
You can easily make DIY cleaners that work just as well as the stuff in stores. But it doesn’t stop there: what about learning to sew and making your clothes? The options are endless.
7. Unplug Stuff
It could feel like a hassle, but unplugging things when you aren’t using them is extremely easy. It can help you save money on energy expenses.
8. Buy a Bidet
It sounds expensive, but considering how much toilet paper costs, a bidet is much more frugal than you think.
9. Make Affordable Food Your Thing
Ramen is a staple in many pantries for a reason; it’s not always ideal to go super cheap with your groceries, but it could save you some serious cash.
10. Do a No-Buy Week or Month
A month might be too ambitious, but even just trying not to buy anything new for a week is a wise way to cut back on unnecessary expenses.
11. Barter
Haggling isn’t always an option. But when it is, you’d do well to take it. Be warned: bartering can be frowned upon in some situations, so use your best judgment.
12. Hunt for Coupons
You’ve heard the stories about people who save insane amounts by finding the right coupons. It’s time to fulfill your destiny and become one of those people.
13. Borrow Clothes
Have a special event coming up? Talk with friends and see if there’s something you can borrow, especially if it’s something you’d only wear once.
14. Go Veggie
Meat is more expensive. And now that vegetarian recipes are everywhere, it’s never been easier to find delicious, cheap recipes that don’t require a lick of meat.
15. Sell, Sell, Sell
Downsizing your life is a great backdrop for a frugal lifestyle. Once you learn to live with less, you appreciate what you have much more and tend to buy less.
