As maples, oaks, and hickories burst with color this fall, your wallet could also flourish with savings if you adopt a few simple lifestyle tweaks.
Don’t worry, you can both enjoy the season and save money without freezing your spending or sewing your own clothes.
Here are seven simple tips to help you save money this fall:
1. Turn off the air conditioner
Open windows and doors to allow fresh, cool air in and flush impurities out of your home while saving on your electric bill. If you’ve been running your unit non-stop, this is also an excellent time to give it some necessary maintenance. Inspect the unit for visible signs of damage, like cracks or corrosion. Trim overgrown grass or shrubs that are blocking the vents. Regular care now can help prevent costly repairs later.
2. Shop end-of-season clearance deals
While cozy boots and winter coats are filling store racks, summer clothing has made its way to the clearance section. Many retailers put more than swimsuits and beach towels on these last-chance sales racks, though. Keep your eyes open for shoes and jewelry up to 90% off their regular prices.
3. Protect against future expenses
Regular home maintenance can prevent costly repairs. Before the first cold snap arrives, give your home some TLC. For example, flush your water heater and clear gutters and downspouts of leaves and twigs. Remember to unhook water hoses before the first freeze to prevent expensive water line breaks.
4. Clean like it’s spring
While sorting through your attic or basement for fall decorations, set aside items you no longer want, need, or use. You might uncover a few things you can sell online or donate to charity.
5. Decorate with natural elements
Fall foliage, acorns, apples, gourds and pumpkins can fill your house with the warm colors of the season. Shop second-hand stores for vases and bowls that can help showcase each element without breaking the bank.
6. Set a holiday spending budget
Before you get swept up in the joys of the season, create a holiday budget. If you wait until you start hearing holiday music before you get serious about holiday budgeting, you might buy items you can’t afford. Your budget should include gifts, travel, decorations, and meals. Refer to last year’s total expenditures for a realistic figure, and then subtract 10% or more if you’re looking to trim the budget.
7. Review your year-to-date spending
Did you set financial goals this year? Are you still on track? If you’ve spent more in specific expense categories than you planned, now is the time to make necessary adjustments. Review your budget and decide where you can cut back based on your unique situation.
Before you bundle up for winter, adjust your savings this fall. The less money you spend now, the more you might have for the upcoming holiday season or to put toward other savings goals.