22 Things We Stopped Buying to Save Money

By | August 22, 2018

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Welcome, dear readers. I’m glad you’re here. Today, we’re looking at what things you can stop buying so you can save more money.

Are you buying things without realizing that you don’t actually need them?

In the midst of our hectic day-to-day living -juggling our work, kids and pets- it’s all too easy to slip into the habit of buying things which we think we need.

But instead they’re a money pit that complicate our lives.

By the end of this post, you’ll be able to know :

  • the common things to stop buying
  • how much potential savings you’ll enjoy
  • what you can do once you’ve stopped buying stuff you once thought are must-haves.

But why do most of us do it?

Maybe we think we can’t survive without these things, or could it be that our pride is at stake here? Hey, John next door just got this impressive garden sculpture, but we’ll show him what a truly awesome sculpture is like!

I’ve listed stuff here that I have stopped buying or buy less of, so that that my family saves more every single year.

You can do the same too and watch your savings soar!

Ready?

1. Stopped Buying Tons of Health Supplements                                                         

Savings: $200 per year.

I used to buy every imaginable type of health supplements you can think of – multi-vitamins, zinc, iron, vitamin C, vitamin D, probiotics, fish oil capsules, CoQ 10 and so on.

Noticed something? Many of them are duplicates. If I buy multi-vitamins, why would I need to buy the same ones like vitamin C?

I used to ruthlessly ignore Mr MMT’s (MoreMoneyTips) protests against these purchases, but now I’ve bravely admitted my folly.

My pantry would have done a pharmacist proud. There was such a huge range of health supplements. Ok, I admit it – I often had to throw most of them away (hundreds of dollars’ worth) because they expired.

Now, I only go for what my family truly needs: multi-vitamins and algae oil capsules.

(This post contains affiliate links. I may receive a small compensation if you purchase through these links. You do not pay extra. Please read my disclosure policy. I only recommend products that I trust and have received positive reviews).

A little note about fish oil capsules. I stopped buying them now because of the risk of mercury contamination. Although I came across a manufacturer who uses molecular distillation to remove toxins, I’m still not totally convinced. Read this article to learn more about it.

My solution is algae oil from marine algae. It’s rich in Omega 3 fatty acids. The main source of Omega 3 fatty acids in fish oil actually comes from algae. It’s a great alternative for vegetarians and vegans too.

By reducing the range of supplements and being vigilant about using them, I’ve saved hundreds a year. And reduced wastefulness.

What about you? Can you reduce your supplements too if you take them?

22 Things We Stopped Buying to Save Money

2. Stopped Buying Brand New Books

Savings: About $90 a year

I used to fall for new books.

Why? They’re good-looking, clean and smell delightful.

My perception of library books is summed up in one word – filthy.

Spending so much money on new books is not justified, so I have since changed my perspective 360 degrees.

What have I done to save well?

Simple, I just borrow newer books from the library, and clean them before reading.

I don’t buy magazine subscriptions at all. But if you do, it’s time to stop. Head to the good ol’ library instead.

3. Stopped Buying Fast Food

Savings: $120 a year

Lured by seasonal discounts, our family used to gorge on KFC, McDonald’s and Burger King.

Since we knew they’re not good for health, why did we do it?

They’re cheap. They saved us time and effort in food preparation. They smelled irresistible and tasted real good.

What have I done to save well?

Stopped eating them.

What’s a great alternative?

The $5 meal plan.  You pay only $5 a month for healthy recipes sent to you each week.

You’ll spend less than $2 on food per person.

Not sure if it suits? No worries. You can cancel it any time with no questions asked.

Try the $5 meal plan 2 weeks for FREE and see if you like it. It’s 100% risk-free.

4. Stopped Buying Bottled Water and Fruit Juices

Savings: Up to $60 a year.

Buying bottled water and fruit juices had never been intentional on my part. It was only when I forgot my water bottles that I was forced to buy them.

If you’ve been buying bottled water, sit down first. The facts aren’t rosy.

According to this report,

  • A gallon of bottled water costs nearly 2,000 times the price of tap water.
  • 64% of bottled water comes from tap water.
  • tap water is monitored more closely for quality than bottled water.

Get these unique BPA-free water bottles that are safer for you and fill them up. Drinking plain water need not be boring. These collapsible water bottles are fun to drink from, non-toxic and eco-friendly. They’re leak proof, dishwasher safe and come in 4 eye catching colors. Getting yourself or your children to drink more water will now be easy and fun!

What have I done to save well?

Planning and organization. Making it a point to get all my water bottles ready before I set off.

22 things we stopped buying to save money

5. Stopped Buying Kitchen Appliances

Savings: Up to $100 a year

I used to buy tons of kitchen appliances.

I truly believed they’d make a chef out of me.

Of course, I didn’t consider if I really needed them.

My reasoning was these appliances would magically transformed my home-cooked meals into Michelin star status.

Are you laughing at me? Perfectly fine with me. I’m shaking my head too.

Truth is, most of my appliances are still sitting in the kitchen cupboard, snug in their original boxes gathering dust as I write. However, I’ve managed to sell several of them. Phew!

What have I done to save well?

I avoid recipes that call for a mixer, a blender, an electric chopper, an electric weighing scale…

My substitutes are a hand whisk, elbow grease and a few tears when dicing onions!

6. Said ‘Good-Bye’ to New Clothes

Savings: Up to $50 a year

Last year, I bought a new top and that was it. I got it for almost half price and it wasn’t even on sale. Read how I did it in 12 Surprising Frugal Tips that Thrifty People Love.

This is not an austerity campaign. It’s because I have tons of newish clothes in my closet and I’ve hardly worn them at all!

As for Mr MMT (MoreMoneyTips), he has far more new clothes than me! The result of being an avid online shopper!

I’m secretly glad that 99.9% of Amazon products are out of bounds. Shipping is usually unavailable due to my location.

To my dismay, he has since discovered a cheaper alternative – Aliexpress. I’ll have to keep an eagle eye on him!

To date, I’ve only bought a beautiful shirt for my son from a recycle boutique.

Paid to do a one-off modelling session, his clothes were hand-picked by a fashion consultant.

What he wears are mostly hand-me-downs from his dad’s younger days. They aren’t exactly flattering nor fitting.

What have I done to save well?

Being firm with Mr MMT: No more new clothes! (For himself)

What about you? Can you think of how you can mix and match your clothes to get different looks? Sell off those that you hardly wear or that don’t fit you anymore and get some cash back! You can sell your clothes at:

Poshmark

thredUP 

Tradesy 

22 Things I quit buying to save $2680

7. Stopped Buying Envelopes

Savings: $20 a year

Doesn’t this sound strange to you?

Me too, at first.

Mr MMT discovered a way to re-use the envelopes that were mailed to us. He has a technique of opening them carefully without tearing. (When I try to open the envelopes the same way, they tear. Never mind, I use them to write my shopping list instead.)

I was against this idea of re-using envelopes initially because I thought the postal service wouldn’t deliver our mail to others. Thankfully, that’s not true as they’ve always arrived at their destination.

We’ve also used blank sheets of paper and cut them to size. We then glue them over some marks on the envelopes.

What have I done to save well?

Re-use my envelopes.

What can you do? Here’s a little challenge. See if you can open your envelopes without tearing and re-use them.

8. Stopped Buying Organic Liquid Handwash

Savings: $50 a year

I stopped buying organic liquid hand wash soap regularly because they cost so much more than the usual bar of soap.

To stretch their longevity, I used to dilute them.

Sadly manufacturers now have this same idea. It’s just impossible to dilute them further now.

An important note here : It’s best to avoid ordinary liquid handwash as they contain harmful ingredients like cocamidopropyl betaine, (read more about it here)  cocamide DEA( read more about it here ) and polyethylene glycols or PEG for short. (Read more about it here)

Avoid buying products that contain them as they’re harmful to humans, especially young children.

What have I done to save well?

Switching to eco-friendly soaps since using ordinary liquid handwash is not worth the health risks. Unless there’re really good sales on organic liquid handwash, I may consider buying them on occasion.

Conclusion

These are some of the stuff that I have stopped buying to save lots of money. Unlike countries in the Northern Hemisphere, eco-friendly products at my location cost so much more, even if they are produced locally. These costs can easily blow any budget sky high.

We are not able to take advantage of multiple cash backs or any special discount stores because they aren’t many available where we live.

As a result, our family has been challenged to come up with creative ideas to trim our daily expenses as much as we possibly can while living a comfortable life as our income is modest.

Despite all these, we’ve managed to save more than $40,000 in 2 years.

The good news is that you may only need to use some of these strategies to achieve far more savings if your country has a wide range of saving tools you can use like apps and cash back programs.

There’re so many opportunities for us to learn to improve our finances. Read more about 100 Ways Frugal People Save Money Every Day.

Look out for #16 in Part 2 of 22 Things We Stopped Buying to Save Money.

 

What are the things that you have stopped buying? Share your thoughts below.

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22 things I won't buy to save $2680

 

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2 thoughts on “22 Things We Stopped Buying to Save Money

  1. MrsNic2

    One small thing i have done is to reuse paper towel. It’s not as gross as it sounds. When I dry my hands after washing them, I put the basically clean towel in a small bag on a cabinet knob. When I spill something on the floor or one of the cats coughs up a hair ball ( now that’s gross) I clean it up with these towels.

    Reply
    1. moremoneytips Post author

      Hi MrsNic2, What a great idea! Paper towels are tough and they dry well. They’re perfect for reusing. You’re also helping the environment. We need more folks like you 🙂 Thanks for sharing your helpful tip.

      Reply

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