The other night, Craig and I met with a Thrivent representative to discuss options on where we could invest our money.
Since Craig and I are DINKS (Double Income, No Kids), we have been able to sock a fair amount of change away into savings, retirement, IRAs, and money for a potential house one day. (We would love to be able to put down 25-30% of the cost!)
We have been very careful with how we spend our money. For instance, we have chose to stay in our old, cheap apartment rather than move to something nicer but more expensive. At the same time, we also have been able to take trips, go on adventures, have date nights, and splurge a little here and there.
Here are some of the ways we have been able to save a lot of money.
– We do not have cable. . . simple as that! We also do not have Netflix, Apple TV, or anything like that.
– We rarely go to the movies.
– I will go to the library (or the Redbox since it is only $1) to rent movies.
– We intentionally bought cars we could get 0% financing on. (We were able to to this because of our good credit.)
– We chose cars that would get good gas mileage.
– In the summer, we bike a lot. Craig bikes to work, and I will use my bike for errands. And since I am not working, we hardly have to fill up our gas tanks. (We would love to be able to do this year-round, but it just isn’t feasible with snow being on the ground 6+ months of the year.)
Craig’s cell phone is free through his work, and my cell phone is $20/month through my parent’s family plan. Plus, anytime we upgrade our phones, I always choose the free phone. I even decided to forgo the extra fee it would have cost to have all my contacts automatically transferred to the new phone. I instead recopied them myself.
– If we do a road trip, we bring food from home instead of stopping at the convenience store or gas station. If we need food, we will go to the grocery store instead.
– I, of course, use as many coupons as I can at the grocery store. And almost everything else is on sale.
– I grocery shop at the “cheap” grocery store over the “expensive” grocery store in town. One summer, I would carry a pad of paper around with me and write down the price of various items at the different grocery stores in town. Yes, it took some time, but it was crazy how one store would sell a box of cereal for $3, while the grocery store down the street had it on “sale” for $5!
– I will not drive to the grocery store for one item.
– I rarely throw food out.
The Coffee Shop
– Whenever I go to the coffee shop for coffee, which is maybe once a week, I will bring my own mug (and save $0.25) and buy drip coffee or an Americano–and not some specialty beverage that costs $4+. I drink coffee for the flavor, and I don’t want the coffee flavor covered up by some artificial sweetener.
– Our gym membership is $20/month–for the both of us. The membership is under my name, but Craig can come along as my free guest. It’s like a date night at the gym. 🙂
– We only go out-to-eat about 2-3 times per month.
– When we do, we usually split an appetizer, salad, and entree.
– Also, I never order a beverage when we eat out.
– I take good care of my things so they last a long time!
What are some ways you save money?