Categories
Welcome!

I'm Deborah, survivor of everything from multiple cancer battles to major business setbacks. Join my search for ways to move the mountains, big & small, that block your path to success.
»

6 fun money-saving tips

Dog Wearing Sunglasses, Florida

Several years ago I worked for a company that was downsizing and my job was unexpectedly eliminated. It wasn’t a big deal because the economy was good, work was plentiful, my financial responsibilities were few, and that job was just something to do until I found what I really wanted. So the first thing I did after being laid off was head for the mall to do some shopping and celebrate being temporarily freed from my alarm clock. But at least I bought something “useful”: a cool pair of sunglasses.

These days I have a different perspective. I have many more financial responsibilities—and that means a lot more worries. As a freelancer, I’m vulnerable to the whims of a struggling economy. I’m trying to avoid spending money on anything nonessential. And that’s making me a little grumpy. So I’ve been searching for ways to have fun while still saving money during the recession. Here are a few of the suggestions I’ve heard:

• Throw a potluck.   Instead of going out to dinner with your circle of friends on weekends, try throwing rotating potluck suppers.Meet at a different friend’s house every weekend and have each participant bring one dish. You could have a themed meal—Asian, Italian, Greek—with one person bringing a starter, one a main course, one a dessert. Or bring the ingredients and cook the meal together. It will give you a chance to save money and have a good time while sharpening your cooking skills.

• Do it yourself. Improve your DIY skills by learning how to perform routine auto maintenance, do home repair projects, or make clothes for yourself or your kids. Many home improvement retailers and craft stores offer classes—often free—in everything from how to decorate cakes to how to remodel your bathroom. Not only can you save money by doing it yourself, but you’ll have the satisfaction of learning new skills that may make you more marketable.

• Visit a flea market. If you can’t afford the mall, try shopping at local flea markets or garage sales. You never know what kind of treasures you’ll find. And if you’re lucky, you may stumble across something you can refurbish, so not only do you get to enjoy a shopping trip, but you also get to take your mind off your troubles with a craft project.

• Host a painting party. Brighten your world by inviting your friends to come over and help you paint your surroundings in a vivid new color. Put on some upbeat music, serve refreshments, and lighten the walls to help lighten your mood.

• Make a trade. Get together with friends and discuss mutually beneficial barter arrangements. Trade computer skills for handiwork. Edit a résumé in exchange for pruning some shrubbery. Swap giving a haircut or washing a car for cleaning a carpet.

• Plan for the future. Don’t be afraid to share your worries about what the future holds. Talk with your friends and loved ones about your concerns. But don’t let the conversation turn into a pity party. Instead make a pact to meet weekly and bring in articles about new technologies or business opportunities. Brainstorm ideas for how you can take advantage of new ventures so you’ll have more of a cushion the next time the economy shifts downward.

Leave a Comment

I'm anxious to receive your feedback on the articles, but please be patient with the moderating. Comments are usually posted within 24 hours (except during major holidays).

Thanks, Deborah