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My $5 challenge - ways I'm saving $5 email this discussion to a friend?

myLot reputation of 99/100. cutepenguin (3661)   ranked 48 out of 3,546 in frugal living4 weeks ago

I posted a few days ago in make extra money that this month I am going to try to find 100 ways to make or to save $5, so that at the end of the month I have a nice extra payment to my debt - or some Christmas present money.

Here are some of the ways I am going to save $5 this month:

I am shutting off one room, so that we don't turn on the light or have to heat it. I am also being sure to hang to dry most of our clothes and turning off lights as much as possible.

I am eating "out of the freezer". Which I know isn't really saving as we will have to buy more food later, but paying off more of the debt sooner is better, I think.

I am using public transit instead of driving.

My husband is packing lunches every day - we used to do this, but in September we got really busy and he ended up buying food a bunch of times.

I am going to a party in a couple of weeks, and I have some wine in the cupboard that I am going to take instead of buying a new bottle.

Anyone have any suggestions for me or want to do the challenge too? I'm also going to post in make extra money the ways I am making $5.

 
 
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tags:  save money, save energy, saving
 
1. myLot reputation of 99/100. ladym33 (5146)   ranked 67 out of 3,546 in frugal living   4 weeks ago

You could also sell any unwanted books you have on Half.com to make a little extra money on books you are no longer interested in anyways.

You could also take some clothing that you no longer wear to a consignment shop.

Instead of giving recyclable's like aluminum cans to the city collect them and seperate them yourself and take them to a recycling center your self to get paid for them.

Make sure everyone in the family hangs their towels when they are done using them and use each towel 3 times before washing. Have each family member hang up their jeans after wearing them and wear each pair 2 times before washing. Hanging them will air them out a bit, and you will save about a load of laundry per week which will really add up, and the jeans will last longer as well.

Best of luck to you on earning and saving that extra money.


myLot reputation of 99/100. cutepenguin (3661)   ranked 48 out of 3,546 in frugal living  4 weeks ago

Thanks, these are good suggestions. I hadn't really thought about the book thing, I think I will take some to a used bookstore and post any that don't sell there online.

we do the reusing towels and jeans - they don't really need washing every time, do they?


myLot reputation of 79/100. nooveggies (190)   ranked 3,145 out of 3,546 in frugal living  4 weeks ago

Talking about selling things online, you might wanna try ebay.com too for your used items. Internet buyers will bid for your item there.


myLot reputation of 80/100. psychotaz206 (1406)   ranked 37 out of 3,546 in frugal living  4 weeks ago

i do take the cans to a recycle place and get money from them i figure it this way the city is getting more money from all the rest of my rec stuff i can get the money for the cans i can use it better than the city can, i have 4 kids that i can save the money for like doing fun stuff with or just put it away for a special day.


twilightluver (19)  4 weeks ago

You could also sell handmade crafts on etsy, or unused items on craigslist. One of my favorite ways to save a few bucks is to save the change...like when you buy a cnady bar or something for $1.35 keep the extra $0.65 in a jar. Keep doing this and dont spend anything in the jar. At the end of the month (or the next two months, or however long you decide) empty the jar and roll the change.
~Good Luck~

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2. myLot reputation of 79/100. nooveggies (190)   ranked 3,145 out of 3,546 in frugal living   4 weeks ago

Helloo,
I have a simple suggestion to add to your challenge actually. You should take a bath or shower faster to reduce the water supply needed:)

Your challenge is very interesting and environmental friendly. Great!
I wish you the best of luck in saving some money..


myLot reputation of 99/100. cutepenguin (3661)   ranked 48 out of 3,546 in frugal living  4 weeks ago

Thanks!

We try to save water in a lot of different ways - using less water when we are brushing our teeth, etc. The interesting thing is that in our city, our water isn't metered. Everyone's water is included in their property taxes.


myLot reputation of 99/100. dorannmwin (1671)   ranked 441 out of 3,546 in frugal living  4 weeks ago

For anyone that does have their water metered, this is a great suggestion. When I was in elementary school, everyone said to use the guideline of either a five minute shower or five inches of water for a bath.
Also, as far as saving water, if you have children that are smaller, allow them to bathe together.


myLot reputation of 79/100. nooveggies (190)   ranked 3,145 out of 3,546 in frugal living  4 weeks ago

That reminds me of my teacher in high school who encouraged us to save as much water as possible after we watched that Al Gore movie about the Inconvinient Truth..

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3. myLot reputation of 99/100. dorannmwin (1671)   ranked 441 out of 3,546 in frugal living   4 weeks ago

Do you use compact fluorescent lights? We do in almost every fixture in our house and it saves a ton of money. We have a house the same size and age as my mother's house and our electric bill runs about half of what hers does.

Also, turn down the thermostat in your house by just one degree and you will notice a difference in your home heating costs but your body won't really notice the difference in the ambient temeperature of the house.


myLot reputation of 79/100. nooveggies (190)   ranked 3,145 out of 3,546 in frugal living  4 weeks ago

Great idea about temperature control, dorannmwin. About temperature also, I read that setting your refrigerator temperature at 36° F and 42° F would save you a significant amount of money on the electricity bill. The best part is we won't notice the difference in using our refrigerator.


indclub (68)   ranked 3,148 out of 3,546 in frugal living  4 weeks ago

what's funny is that in some places you don't even need to use a fridge, just take them outside the window and that's it! why do you want a fridge when outside is even colder?:)


myLot reputation of 99/100. dorannmwin (1671)   ranked 441 out of 3,546 in frugal living  4 weeks ago

Honestly, it's not beyond me to use the back deck as an extended refridgerator when it is going to be cold outside for an extended period of time. We've done that every winter that I can think of.

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4. indclub (68)   ranked 3,148 out of 3,546 in frugal living   4 weeks ago

Another idea is to use the computer less time, and if you have a laptop use it instead of a desktop machine (as they consume much less energy). I don't know for sure, but maybe, and just maybe, you could save more money by not using mylot than the amount you earn by using it (but that depends on many things, like the cost per kw, the power consumption of your computer, the amount of time you spend online, etc).

You can also unplug any device you don't use, such as the mobile charger, because they consume energy even when not charging anything at all. Oh, and include the tv, the microwave oven and the cable modem on that list!

Ah, and before I forget, there was this note on the news the other day saying that you could save some water by peeing on the shower... but that's up to you to try;)


myLot reputation of 99/100. cutepenguin (3661)   ranked 48 out of 3,546 in frugal living  4 weeks ago

Hey, I had entirely forgotten about unplugging chargers. I'll go do that now, thanks!

We don't have a laptop, but I can try to only use the computer for money making things and avoiding facebook.

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5. myLot reputation of 99/100. cynthiann (3017)   ranked 23 out of 3,546 in frugal living   4 weeks ago

don't just turn off electricals - take out the plugs - especially for cell phines that have already been charged. Unplug microwave when not in use. Wash on shortest cycle in cold water. Use half of recommended amount of detergent in washing machine. $5 is not a great deal of money so you could save much more than that. Turn down the thermostat on the central heating and wear sweaters. Good luck

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6. myLot reputation of 85/100. Gorjess (1063)   ranked 537 out of 3,546 in frugal living   4 weeks ago

Freezing bread you buy is better than putting it in a bread bin as it will now last a few weeks instead of a few days so you won't have to chuck out stale or mouldy bread.
To save money on food you can freeze most of your leftovers, then on days when you are stuck for something to eat you have a meal ready to heat up.

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7. myLot reputation of 96/100. cher913 (13338)   ranked 9 out of 3,546 in frugal living   4 weeks ago

we will be cleaning out or freezer to see what is lurking in the bottom, we will be making soups and stews over the winter with homemade bread (the breadmaker was free!) (i can get a soup bone for under a dollar!) i take public transit for free (because i walk with a quad cane. i am also making a ton of christmas presents too this year plus making all my own cards and gift tags.


myLot reputation of 96/100. cher913 (13338)   ranked 9 out of 3,546 in frugal living  4 weeks ago

other great ideas are to visit thrift stores and the public library instead of buying books. plus at thrift stores,, you never know what you can find that is new.

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8. myLot reputation of 88/100. kelly10 (164)   4 weeks ago

Here's a few ideas for you to try.

~Turn the temperature down on your washing machine.~

~When watching TV at night, for the final hour switch all the lights out.~

~Rather then putting the heating on when cold, wear an extra layer of clothing.~

~When boiling a kettle only boil the amount of water that's needed, if you boil too much pour the remainder into a flask and use for your next brew.~

~Don't leave appliances on standby.~

~Use a shopping list, it cuts down on impulse buys.~

That just a few of the little ways to help save some money.

I guess that if you're on this site that you already use the internet to make money in other ways. Is this correct? If not sign up to some survey sites. They are a quick and easy way to make some extra cash.

Hope you meet your challenge.


myLot reputation of 99/100. cutepenguin (3661)   ranked 48 out of 3,546 in frugal living  4 weeks ago

you're very creative! We do many of these things, but it's good to be reminded. (Although right now, we are also not watching television.


myLot reputation of 88/100. kelly10 (164)  3 weeks ago

I'm glad someone thinks that I'm creative, some people just call me mean and stingy.
How do you cope with not watching the TV? As I suffer with insomnia and boyfriend works nights it gets very boring and lonely at times, so if I'm not on the internet I'm watching either TV or a flim on DVD.
Have you signed upto surveys sites and cashback sites?

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9. myLot reputation of 89/100. carmelbg (394)   ranked 2,638 out of 3,546 in frugal living   4 weeks ago

This is a really good idea! We do a number of things to save money. We grown our own vegetables, compost all our household waste - I don;t have to buy compost form the garden centre then.
When using hot water I only turn the boiler on about 1/2 hour before I need the water then switch it off as soon as I have had my bath or shower. This saves us a lot of money as we used to keep it on all day!
Good luck with your challenge!


myLot reputation of 99/100. cutepenguin (3661)   ranked 48 out of 3,546 in frugal living  4 weeks ago

Thanks! we live in an apartment so our hot water comes with the apartment. I think next year we will apply to get our own garden plot, I think it would be fun and save us money.

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10. sabirin (93)   ranked 2,605 out of 3,546 in frugal living   4 weeks ago

yeah its true dear.due to inflation we need to saved in rainny days.try use bicycle instead using public transport.avoid buying cars if can find a boyfrined with car.


myLot reputation of 99/100. cutepenguin (3661)   ranked 48 out of 3,546 in frugal living  4 weeks ago

Thanks for the suggestions.

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