7 Money Saving Skills

Saving money is about more than just clipping coupons and staying on a budget. You might choose public transportation in lieu of using your car or buy generic instead of name brand items. There are many “little” things that can add up to big savings.

Fortunately there are also many skills that can help you save money too. For example if you’re a good cook or baker you know that making your own meals can cost less than buying takeout or going out to a restaurant. Here are seven other skills you might want to consider learning if you want to save money.

  • Sewing – Learning this skill can be helpful for many reasons. Sewing your own clothes can be less expensive; if you need something altered you can do it yourself; if your clothing ends up ripped you can put it back together. Sewing can also be a great way to earn extra money if your friends, co-workers, or neighbors need clothing altered.
  • Making Crafts – DIY gifts are a great way to save on the many birthdays, anniversaries, and other gift-giving occasions throughout the year. There are many easy DIY gifts out there so don’t worry about how crafty you may not be.
  • Basic Household Repairs – You may not need to know how to completely renovate your home, but knowing how to fix a leaking air conditioner or repair a broken garbage disposal can save you time and money.
  • Selling – You don’t have to go into sales or marketing in order to know how to sell something. Knowing this small skill could help you sell off your possessions if you ever need to have a yard sale or are looking to get rid of your old goods.
  • Gardening – Don’t have a green thumb? Don’t worry.Growing some fresh herbs and maybe a few vegetables can help you save on your grocery bill. Find plants that don’t require much maintenance and it’ll be easier than you know.
  • Minor Car Repairs – Knowing how to change a flat tire, complete an oil change, or repair minor problems can help you save hundreds. An oil change could cost upwards of $40, if you do your own you could save up to $120 a year depending on how frequently you need your oil changed.
  • Exercising – This skill may not seem that important, but exercising now could save you healthcare costs in the future so consider it a life-saving skill.

Do you have any skills that help you save money?