Host a potluck
How much money do you spend eating out every month? More than you’d like to admit, we bet. If eating out is just a way for you and your friends to spend an evening together, invite them over for a potluck instead. Everyone spends a small amount of cash to make their dish, while still enjoying a full meal and making memories with friends.
Subject your closet to the hanger test
We all have clothes we haven’t worn in months. Instead of keeping them “just in case,” prove to yourself just how little you wear the items by doing the hanger test: hang all your clothes facing one way, and when you wear the item and hang it back up, hang it the opposite way. At the end of a month, you can see which clothes you didn’t even touch. Bring them to a consignment shop or secondhand store that buys clothes. Often times you can take the money or get store credit, which works out either way. Finally, you can get rid of these 16 items in your closet.
Choose your shopping sprees wisely
There are plenty of great opportunities to buy more and spend less throughout the year, think: Black Friday, the day after Christmas, and tax-free season (July and August). (Related: These Black Friday deals aren’t as good as you think.) Instead of buying whenever you feel the need for some retail therapy, keep a list, and head out the door (or log onto Amazon) when big deals are sure to be happening. Many large chains also have annual or bi-annual clearance sales. Mark them on your calendar and put off the therapy for a little longer. Here are 13 ways to dress for less.