Being a Tightwad

Last week, I wrote about a few ways to stretch out the budget. No matter how much money you have (or don’t have) it’s always a good idea to set a budget and then stick with it. We always try to keep as much money in our jeans as possible. Here are a few more ways that we save money every month.


- Buy on sale. Does your grocery store have a monthly case lot sale? If so, this is the time to stock up on the foods your family eats on a regular basis.  We can save up to 45% buying our favourite soup in a case of 12, instead of buying the cans one at a time when they aren’t on sale.

We don’t eat very much processed food, but there are certain things we do buy. Building up a good supply of these items means that not only are we saving money on the cost of the actual item, but we save the gas money and time to make a weekly grocery store run.

- Who here buys toilet paper when it goes on sale? I know I do; it’s something every single person needs and uses, unless you are looking into alternatives. I am not :)  However, whenever I am in the grocery store and I see a good sale on TP I buy at least two 12 packs and maybe more. I get teased a bit about it, but guess what? We never run out and I never pay full price. That’s a good deal in my book.

- We don’t often buy new clothing. I still have things in my closet that I wore 15 years ago when I worked in an office and had to dress up. Good thing I have always tended to stay away from trendy and buy more tailored classic clothes, because they still haven’t gone out of style!

Sometimes, I go to thrift stores. They even have awesome sale days where sometimes you can fill a shopping bag for $1 or $2. How much better can it be? I can always find work clothes and even nice Tshirts, shorts and jeans. If you are looking for something a little more dressy, hit up consignment shops. You can get beautiful clothing for a fraction of the retail price.

Whether you’re looking for clothing, food, sports equipment or pretty much anything else, it’s a good idea to always check your favourite coupon site and see what’s new. These days, many big box stores offer shopping online. It’s easy, you can get things on sale and lots of online stores offer free shipping! Another bonus is that you can just shop from home, instead of using fuel and valuable time to go to the store.

Budget Stretching

We all know what it’s like to have to reduce expenses. Maybe it’s a job loss or an illness that causes us to tighten the belts. When there is too much month left at the end of the money, we all need to find ways to reduce our costs and/or make more money. How do you achieve this?

One of the hands down best ways we work at reducing expenses is growing our own food. We grow about 75 – 80% of all the food we eat. Regular readers know that amount is a bit less than it has been in years past. I haven’t canned as much this year as I have other years. However, we still have a cold room stocked with garden goodies from past years. This is what stocking up is all about! Still having a surplus of food, even though I haven’t been on the other end of the canner is quite a wonderful feeling! My hard work in years past is Still paying off.

I am quite in shock looking around the grocery store; I can’t believe how much prices have gone up in these last few years! $5 for a loaf of bread, are you kidding me? No, unfortunately, that’s the going price here right now for multigrain bread.


bread machine Budget Stretching

If you can get a bread machine, you can save money over the long term, but you need to use the machine on a regular basis. Paying $70 for a bread machine that gets used three times and then sits on a shelf collecting dust does nothing for you. If you faithfully use it a few times a week, you will get your money back out of it and then some. There’s also the convenience that comes from not having to run to the store to get that loaf of bread. Try and plan to go to the store once a week and then buy all the groceries you will need. There’s nothing that blows through a wallet faster than repeated trips to the grocery or department store!

Another way to reduce grocery costs is to buy everything you can when it is on sale. Buying that loaf of bread when it’s on sale for $3.50 (gasp) can be a help. It’s even more of a help to buy three loaves on sale, and put two of them in the freezer for later use. If you can bring an extra $20 to the grocery store a week, you can take advantage of sales and begin to stock your pantry at home. If sugar is on sale, buy an extra bag; usually sales run in cycles. Try to buy enough so you will have some on hand until the next time it comes back on sale, then stock up some more.

What are some other ways to reduce costs on a regular basis?

- Turn off all the lights in rooms no one is in. This is such a basic thing, yet so many people don’t do it. Every time you leave a light on in a vacant room, you are burning money; why would you do that?

- Turn down the thermostat.  We heat our 3000 foot house using only our woodstove, except for in January if the temperatures outside go down below -25C. At that point, we need to turn on a couple of electric baseboards downstairs so that our pipes don’t freeze. You can see we hardly spend any money at all for heating, because we gather our own wood and make sure we always have a good supply of wood close to the house. We never get lazy about it and think we will just turn on the baseboards; that never happens.

- Use coupons to reduce other costs. There are often coupons for grocery store items, and these might be the ones that first come to mind. These days, though, there is often a coupon for almost anything you need to buy. It’s worth your while to check that out; maybe you can save an extra 10 or 20%. That is money that stays right in your wallet, which is the aim of anyone trying to stick to a budget.

So, how do you and your family stretch a dollar? Leave a comment and let other readers know.