The holiday season is not far away. It's the middle of October and you must be thinking how you can save money for the upcoming holiday season so that you can shop well. Here are 5 ways which can help you save money:
1. Go for cheap and basic cable TV package: Many of use go for the premium cable TV package which can cost us around $80 extra every month. It's better to go for the cheap and basic cable TV package for the next two months which will help you save quite some dollars which you can invest in shopping and buying goodies for your near and dear ones.
2. Increase your auto insurance deductibles: You can increase your auto insurance deductibles to $1,000 or even $2,500 from $500. This will help you reduce your premiums by 12% to 18%. It'll help you in saving money when you pay your insurance premiums.
3. Try spending less on eating out: If you have your meals at home, you'll be able to save quite a large sum of money. Let's take an example: If you dine out once a month, you spend $50 on a dinner for two. Thus, you'll be able to save $100 if you avoid dining out for one month.
4. Use your grocery stock: It's not mandatory for anyone to go for a weekly trip to the grocery. If you've enough food items and grocery in your freezer, use them first. If you've stocks of canned and frozen foods, use them before going to the grocery and you'll be able to save around $100 for a family of 4 people in a month!
5. Take help of free babysitters: You can take the help of other family members or neighbors and take turns watching the kids. If you've employed a babysitter for 4 hours a month and pay $10 for every hour, then the free babysitters will help you save $40 per month. Also, this will help your kids get a few extra playmates when you look after the kids of your neighbors.
Hope these 5 simple ways will help you save money. If you have any other money-saving tips handy with you, feel free to share them.