Despite the fact that we’re supposed to get one more snow shower in Michigan, spring is officially here! As the weather warms up don’t let your hard earned money disappear with the snow. I’ll share an easy spring tip that’s helped me save money and not overspend.
Make a list
I’ve mentioned before that I love making lists. They help me to be more productive and stick to my priorities. I keep a list of items we don’t need NOW but will need sometime down the road. For example, we wanted to get an area rug for the nursery. We have linoleum floors in our condo which means I end up wearing multiple layers of socks in the winter. A rug would also help cut down on the echoing. The rug wasn’t an urgent need so I added it to my list so it would help me remember to keep an eye out for sales. Items you don’t need to buy right away but would eventually like to have may be gardening utensils, a bike, picture frames, a TV, new running shoes, a bookshelf, baby items, or storage bins. Some bigger ticket items on your list could be a lawnmower, a washer/dryer, a used car, or a grill.
Places I usually check FIRST before bothering with the full price at stores are Craigslist, Groupon, and garage sales. You can get a close-to-new grill on Craigslist for a fraction of the price compared to buying new. You’ll be amazed at how many items people list for FREE on Craigslist simply because it’s easier to just get rid of it rather than take the time to organize a garage sale. The next best option is to wait for a sale and/or coupons to use on your items at a store. This is what I did with Nora’s rug. I was periodically checking Craigslist but didn’t see any rugs I’d like for the price I’d like so I kept waiting. Soon enough Meijer had a coupon for 10% off rugs and I also had a coupon for 15% off my total purchase. I was hoping to get a rug for under $100 and after the discounts I had a great 5’x7’ shag rug for $65! You’ll also find that many stores have their big sale events every 6 to 8 weeks. This was the case for when we got new cupboards for our kitchen renovations. There’s always a 20% off sale at Home Depot every couple months so we waited for that sale and paired it with another coupon we had on hand.
Tell people about items on your list
I wouldn’t have found the deal on our rug if I hadn’t told my friend I was looking for one. She sent me a text when she saw the 10% off rugs coupon and it knocked a little extra off the final price. Social media can be a great resource when it comes to finding deals on things. A simple “Anyone have a baby carrier they don’t want or can let me borrow?” on Facebook saved me from spending $25-$100 on a new baby carrier.
Waiting got us a deal on…
We’ve scored some great deals over the past few years. Waiting for the right price and right item got us a new kitchen table, a giant sectional couch, cupboards for our new kitchen, photo books, storage bins, a deep freezer, diapers, dress pants, pillows, and an exercise ball. With a little effort and a watchful eye you can save a lot of money!
What items have you bought after waiting for the right deal?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.