Double Duty Your Expenses = Double Your Savings
source: MzScarlett / A.K.A. Michelle
Several weeks ago, a friend without a stove asked if she could make a pound of black-eyed peas in my kitchen.
Not knowing that they take 2-4 hours to cook if not soaked first, we started at 10pm. By 1:30 am we were exhausted but the peas were tender.
As my friend started to move the peas into storage containers, she looked at the small amount and said, “You know, for this much trouble, we should have made two or three bags.”
Her simple comment got me started thinking. How much money could we save if we were more efficient?
I quickly realized that by making our expenditures do double duty, we can double (or triple) the benefit we get from them.
source: Garry Knight
Here are some things I already do:
I already wait to buy highly perishable foods till I have several uses planned for them. I like light cream but I hate when I have to throw out leftovers. To avoid this I use light cream on baked potatoes, burritos and vegetables until the container is completed.
I already buy unusual spices only if I have several recipes lined up. I wanted to purchase an Indian spice called garam masala but I was afraid it would only be used once. To make sure this didn’t happen, I didn’t buy it till I had several Indian recipes I wanted to try.
I already wait to go to the pet store till I have enough money to stock up on everything I need. The pet store is an hour away by bus, so it doesn’t pay to go just for one thing. I make sure I purchase least 2-3 months worth of food, kitty litter, and flea collars every time I go.
I already cut up worn out clothes for rags or to make small objects from. I have cut up old skirts to make scarves, old nightgowns for rags and old t-shirts for pillowcases.
I already wait to call a plumber till I have several problems for him to look out. We had a very small leak in our hallway sink, so we simply turned off its’ valve till we needed to have more serious plumbing done. We knew we would have to pay a minimum charge, no matter how short the plumber’s visit, so waited with the minor repair till we had a major repair to be taken care of.
I already lend out every book that I buy. I feel that as many people as possible ought to benefit from the cost of the book. And, in return, friends are happy to lend me their books.
source: Garry Knight
Here are some things I need to start to do:
I need to start thinking far enough ahead to combine grocery shopping with other errands. I frequently go to the grocery store one day and the doctor the next. I want to start combining my errands more carefully.
I need to start making large quantities of food when I cook. Gas costs almost the same if you cook one casserole at a time or four. The extra food can be frozen till it’s needed.
I need to start to only sign up for memberships when I am certain I will use the facilities (library, gym, museum) frequently. I have signed up for three different library memberships since I have lived in Israel. I have never used any of the libraries more than once.
I need to start saving food containers. I give out a lot of gifts of food each year and many used jelly bean jars, oatmeal containers and pickle bottle would be perfect to recycle.
I need to start sharing office supplies with my husband. There is no reason that we need two pairs of scissors, two tape dispensers, two white board markers and two hole punchers. If we shared we would get double the benefit from out purchases.
I need to start looking at the coupon and sale ads from every magazine or newspaper I purchase. That way, I’ll get the enjoyment of a good read, plus a financial savings.
Can you think of any other situations where you can get two uses from one expenditure? Please let me know and I will be happy to add it to my list.