Here’s a couple examples from my life:
-
Safety Razor. I get a better shave and it’s like $15 for 100 razor blades, which lasts me a couple years. Way way way better than the disposable multi-blade Gillette things, which sell 5 heads for $20.
-
Handkerchiefs. I am prone to allergies, so instead of constantly buying disposable tissues, we now have a stack of handkerchiefs that can just be used a few times and then thrown in the wash. This has also saved me loads.
What about you?
An interesting realization was that “saving money” and “reducing waste” are often competing optimums. I live in the developing world where there people waste a lifetime sitting at home doing nothing to save money. I am one of two or three people in my neighborhood with a job – the rest “save tons more money than I do” but don’t have jobs so their real income after inflation is negative.
Anyway, I figure out what my time is worth (based on what I estimate I could earn by grabbing extra contract work). Then I don’t spend my time saving money unless it saves something at least comparable to my hourly rate, or it’s in a context where working would be impossible, or there’s a nontangible element (e.g. repairing a thing I like a lot).
I prioritize not wasting my time first (it’s the only resource I can’t buy more of), and spend most of my spare effort finding ways to make more money (I regularly cram-study 2-3 hours per day for this purpose, usually tech). Then with the extra money I make, I can save 80% of my income on a good month.
When I started this habit, I made about 135 USD per month and had zero savings. Even if I saved 100% of my earnings, it still amounts to essentially nothing – so it became obvious that the best way to save more money, was to earn more money. When I had a little money, I didn’t put it in the bank – I invested it in myself by buying tools to learn more things and provide more services to accelerate my gains.
Anyway it’s not the right advice for everyone, I’m just another fool like the rest of us, but I hope it’s maybe useful to someone out there.
We also save all of our egg cartons and donate them to the elementary schools. Teachers love using them to help students learn math, especially fractions. They’re also useful for arts and crafts. Check with the school office before dropping them off, but I’ve never had the schools be anything less than enthused to have these.
Use a budget
The college geography department will sometimes sell old and outdated maps to raise some funds, rather than just recycling them. They make great wrapping paper that’s unique to you.
I know how to fix almost anything mechanical and I usually try to buy really high quality things when I can. It means spending more money up front, but things tend to last a lifetime and I don’t have to buy it again.
I can’t even fathom the amount of money I’ve saved from buying older used vehicles and doing all my own automotive work on them, or fixing all my appliances. I couldn’t fathom a $400 vehicle payment. My prius I’ve had for three years I installed a new oem hybrid battery in and have a grand total of about $7,000 into (three years of tires and replacement parts and buying the car itself). Never had a vehicle loan in my 25 years of driving.
I wouldnt dream of swapping out a gas tank, or a combustion engine, but I did a diy battery swap on my gen 1 Leaf, and it was surprisingly easy (well, physically it was hell, but engineering-wise it was a piece of cake).
My attitude to fixing anything is “well, it doesn’t work now, it’s not like I could break it more”. Swapped out a 3 euro rubber ring on a 400 euro coffee machine last week, and feeling pretty good about it.
The leaf is quite doable, because it has a small battery and a small range. Most evs though, and the ranges that are needed to be a full on vehicle replacement without the need of a 2nd ice vehicle for trips out of town are far beyond the 85 mile range of a subcompact car like the leaf. The batteries are over 1,000 pounds and run the length of the vehicles underside.
I can swap out a 4 cylinder ice at my house (sure, that is beyond your average do it yourselfer). In no way could I swap out a 1,060 pound battery in a tesla model 3.
For the record, swapping out a gas tank is not very hard.
My thermostat has a setting which allows for a greater temperature swing. I have it set at 2*. With the temperature set at 68f the heat refill not come on until the temperature reaches 66f. This causes the heat to run longer but less frequently, which is more efficient than running in short bursts. I also have a setting which runs the fan for a few minutes after the heat stops which scavenges the remaining heated air out of the air ducts.
I also open up my eastern/southern facing drapes/blinds in the morning to allow the sun to heat up the house through the windows for some free heat throughout the day.
Buy from bulk stores and markets instead of bagged supermarket products.
Switch to soap strips instead of liquid detergent for laundry
Cook yourself instead of getting delivery
Use public transport and or bike
Buy local produce and fruits that are in season
I love the principle of buying from bulk store but after a non-zero number of weevil infestations I tread carefully. Could just be bad luck though.
I feel like those pop-top plastic barrels would prevent weevils?
Perhaps. We probably could have sealed things better in jars, but it sure was a big and disconcerting mess.
as far as buying bulk, the idea it to look for price per unit, and with this you have to take at least a medium (month) or long (annual) look at the pricing. This is your typical restaurant budget strategy.
Use public transport
This is the biggest cost savings for me right now… Assuming I get a cheap rust bucket paid in full (estimate in metro Vancouver, BC in Canadian $s):
- I’d expect to pay $200 a month in insurance
- I’d expect to pay at least $100 a month in gas
- I’d expect to pay $250 a month in parking fees
- I’d expect to pay at least $500 a year in maintenance, repair and incidental items (oil, winter tire storage etc.)
So all together that’s $591 per month or $7100 per year.
Transit costs me $135/month and I’m lucky to live and work somewhere where transit actually sort of works.
This is particularly true with the multitude or car sharing programs that are available in major cities like Vancouver. The odd time you need a vehicle it is trivial to rent one, which is still cheaper than owning a vehicle.
You don’t even need a car sharing program, rental car companies still exist.
And this is true both for people looking to use public transit, as well as people people afraid to go electric because they take one monster road trip every 2 years, or people considering buying a pickup truck because one time they had to move a couch.
my dumbass read
Cook yourself
tldr: Being mindful and trying to find new ways of using stuff that I already have before I go buy new.
I reuse. All those bigly plastic bags from 20+ toilet paper rolls - I use them at least as thrash bags. That’s like simplest one, but also for example when my clothes are beyond being deemed worthy of being sleepwear, they get cut into cloths to live on as cleaning utensils.
When something breaks I tend to try to repair it instead of getting new stuff. If that’s impractical or not possible, depending on a thing I disassemble it, and salvage what can be useful. Also by doing this I learn how stuff was made, which I liked to know since being a kid :)
I found europalletes and repurposed them to make my balcony space nicer (made flooring and a small bench out of them) I also ask people if they have spare construction materials, like bits of wood or stuff like that. There are fb neighbour groups in my area, and it makes so much sense to me to use what I can get in my projects. I rarely have a full-on plan/vision of the stuff I want to make. I much rather have a storage with random materials and stuff and play adult version of Lego with them.
When faced with obsolete electronics, I try to repurpose it and assimilate into little Borg of mine (how I like to call my little network). I learned java a bit to write small android app to decode amiibo NFC data to control the stuff around my flat when phone (placed under the tabletop) detected Pikachu statue my lights toggled. Such stuff.
I dunno if with me it’s less about saving and more about how to use things in different way and getting most out of stuff. A chipped cup can still be an awesome pot for your new plant friend. Broken cutlery knife can be helpful as a tool when you wouldn’t want to use proper knife.
That said. When I have to buy something, like hobby-related, or electronics so guitar, piano, home recording studio shit like that, also PC parts - I set myself a budget, read upon things available, do my research and order stuff for 110% of my initial budget. What I mean by this, we have a saying in polish - chytry dwa razy traci - sly/greedy loses twice - as in you buy cheap shit, it breaks, you have to buy new thing again. When I set on buying something it will take me months to do my homework, and also because of my upbringing, lessens the anxiety from spending money.
If you don’t own it, don’t pay for it. That’s one of my main principles and the motivation why I don’t pay for streaming services anymore. I also noticed that I wasn’t enjoying music and movies as much anymore anyway when it was in such high quantities. That’s just about saving money.
Other one is, I don’t buy anything of which i know of that it won’t work or keep much of its value anymore after several years. So I rarely buy anything with irreplaceable batteries, that basically ends up on the junk pile after 3 years.
I use a $20 beard trimmer to buzz my whole face twice a week. It lasts five years or so. I do still have to shave occasionally but
I wash and reuse ziploc bags until they get too many holes in them.
What do you use bags for that you can’t use reusable containers for?
Half an onion or whatever in the fridge, freezing meats in to portions, vegetable snack portions, taking crackers on the road, organizing little odds and ends, other stuff.
I do use containers and glass jars for other things and wash and reuse those too, but containers and jars take up too much space for some things and cost a lot more. The last time I bought a (100) box of ziplocks was like 6 years ago and it’s still half full so I’m ok with my method.
Definitely support this from the eco angle, but given how much you seem to use these bags (100 is a lot, but 6 years is a long time), do you not feel the $15/year is really not a big deal? Over that time, you’ve saved ~$75, which over 6 years… It’s not that much.
Not trying to discredit the method, I’m just curious as to what makes the method work for you!
It’s more about not wasting the plastic than it is about saving money. New bags come in to rotation from other sources too. Like my buddy gave me a weed cookie in a Frozen bag a year and a half ago. That one’s been rotating for a while and I smile every time I see it.
To continue your first point buying a decent shaving puck and brush goes a lot further than buying shaving cream. Plus, I find it much more soothing on my face than the cream. A decent shaving soap is ~$5 and lasts a month at least.
You can also buy bar body wash instead of liquid, which is far cheaper as well.
If you have a dishwasher, do NOT rinse things before putting them in. Just scrape off the bits into the bin. A big part of the efficiency of a dishwasher comes from not running more water or the water heater unnecessarily. If you rinse you might as well hand wash.
Also, use the cheap powder and make sure to use it in the prewash phase.
Good tech connections video: https://youtu.be/_rBO8neWw04
Not really a money saver, but I’ve been buying shampoo and conditioner bars. They often come in cardboard or paper wrapping instead of plastic containers like regular shampoo and conditioners. I enjoy the reduced plastic waste, and they don’t take up as much space in the shower.
Ditch the car, live near transit, ride a bike.
If only I could afford to live near transit…
The real question is, can you afford not to?
Cheapest city with moderately decent public transit is probably Washington DC. With an average home price comparable to the one I live in without public transit of about $600,000 more than my current home. Even if I didn’t own my truck outright (8 years old, 58k miles) and the price of gasoline doubled, my payback period for 100% free public transit is greater than infinity with a 5% cost of money calculated in.
It’s a bit like solar. I’ve run the numbers, and had others run the numbers, and the conclusion is that it would require replacing solar panels twice before I made back my investment, even with a 0% loan for the panels and install.
I’d love to be part of it. I’d love to have European-style public transit. Even in the few places where viable public transit exists in the US, it’s not affordable to move to those places. shrug
Cheapest city with decent pubtrans is almost certainly Chicago, where you can still buy a SFH for under 200K pretty easily.
The weasel words in your reply are “comparable to the one I live in”. Of course dense areas have the best transit, and if course homes and especially lot sizes are smaller in dense areas, and prohibitively expensive at the scale of lots you see in less urbanized areas. It’s ridiculous to compare.
The fact is, the large homes far away from city centers are heavily subsidized by the convenience of personal automotives. If we’re going to unravel car dependency or even the current high level of car incentivization we currently experience, the true cost of that lifestyle will be shown to be much higher.