Integrated Family Community Services 3370 South Irving Street, Englewood, CO 80110-1816 Ph: 303-789-0501

5 Money Saving Strategies To Help You Start Your Year Right

5 Money Saving Strategies To Help You Start Your Year Right

An effective household budget is when you are able to save money on things that you really need. Before you apply any money saving strategies, you first need to make an inventory of all your needs to help you determine where you can start cutting costs. Start with bigger items where you can get better savings, then proceed to the less expensive items. When you combine the savings from the bigger items with the smaller items, you can enjoy huge savings on your total budget.

5 Money Saving Strategies To Help You Start Your Year Right

Follow these tips to start the new year of right. Photographed By: cohdra


1. Is Less Better For You?

Must you really have to spend on expensive items when there are items of the same quality and design? Sometimes the bigger and the best can lead to overspending and irresponsible shopping. Be careful with the spending because there are savings that can be enjoyed after minor changes are made.

2. Is It A Want Or is It A Need?

Never mistake wants for needs if you really want to save up on money. Remember that needs are easy to identify as they can be things that are considered to be necessities or essentials in life, while wants are those things that can simply enhance or improve life. This does not imply that you should not have things you want, but rather to understand the difference and prioritize what is crucial to avoid financial disaster.

3. Try It Before You Buy It

To help you avoid all the useless purchases of items you never or rarely use, you need to learn how to try items first before investing in them. You can always borrow, rent or sample certain items, especially those that cost a lot before you let go of your money. By trying an item first you can determine if you truly need it, if the item is useful or if it will provide convenience in you life. This can help you save up on thousands of dollars for certain items.

4. Be Wise With Your Insurance

We often pay insurance premiums, both home and auto, by habit, without making the necessary comparisons. Some even pay too much just for their insurance. This is why you need to shop around for insurers that can offer a fair price and superb service, raise your deductible and reasonable discounts. Look for high deductibles for auto insurance in order to reduce your collision and comprehensive costs. Since everyone’s insurance coverage is unique, learn more on how you can save up on your insurance here.

5. Avoid Being Extravagant With Food

The expenses on food can burn a hole in your pocket, but as it is a recurring and necessary expense, you need to learn how to save on food expenses. Simply plan in advance, purchase in larger quantities and avoid convenience food costs. Consider using coupons, store brands and generics, while taking advantage of sales so you can stock up. Every store will have their own prices and being lazy to shop around at multiple stores in a single area that offer cheaper prices is a waste your money. Instead of eating out, opt to cook at home and skip food items that can be bad for your health.

Valerie Stevens is a freelance writer specializing in home and auto insurance flood insurance for homes and other insurance related to topics.

Tim Esterdahl

Tim Esterdahl is the editor of IFCS blog. He is a married father of three and enjoys golf in his spare time.
Tim Esterdahl

Find Us on Social Media

Thank you to O'Toole's Garden Centers in Littleton, Lakewood, and Westminster for your support. They have found unique ways to make a difference for over 10 years. We appreciate being the beneficiary of the beer sampling garden this past weekend. How fun and how creative. The Trivia display says it all - fun, unique, creative! @O'Toole's Garden Centers ... See MoreSee Less

View on Facebook

7 hours ago

Integrated Family Community Services

Great to partner with so many wonderful organizations this weekend to touch the community and bring hope to those struggling to get the resources they need. Christian Brother Automotive helps our clients overcome their challenging transportation obstacles. Christian Brothers Automotive Highlands Ranch Christian Brothers Automotive Arapahoe Road ... See MoreSee Less

View on Facebook

Timeline Photos ... See MoreSee Less

View on Facebook

IFCS On Twitter

We're excited to be part of the inaugural Denver Day of Service on June 7th hosted by the @Broncos and @UnitedWayDenver!

#BeAChampion and sign up to volunteer at the community service project we are hosting! 👉

Please be advised this week April 22-26 IFCS is unable to accept clothing donations as we are preparing for our Mother’s Day program. Clothing donations will be accepted again Monday, April 29 at 8:00am. As always, thank you for your support! #donations #supportIFCS

Looking for a job? We are joining forces with Arapahoe Libraries to offer career services workshops. Our first event is May 7th 4pm-6pm at IFCS' Englewood location. Join us and make your cover letter and resume stand out from the rest!

Load More...

Key Sponsors

Our Affliations




Sign Up for our eNewsletter

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletter
For Email Marketing you can trust

USDA Non-Discrimination Policy

IFCS follows the USDA non-discrimination policy. Learn more by clicking here to read the statement. (PDF)