I do a few things that result in small savings, but that psychologically make a big difference to me. Here are
three four of them:
1. Buy gift cards at Ralphs for stores that don’t offer rewards. My main credit card is an American Express Blue Cash card, which gives 5% cash back for grocery purchases (after the first $6,500 in total purchases each year). Ralphs Rewards gives me $1 for every 100 points I earn (usually 1 point per dollar spent; Ralphs is our Kroger affiliate here). That means I get 6% back when I buy gift cards at Ralphs. I shop a decent amount at Target and Amazon, so I buy gift cards for those stores there at Ralphs. Amazon doesn’t participate in any cash back sites, so this is pretty much the only way I can save extra money there. And while Target offers 5% back every day when you use their credit card, I really don’t want another card. So buying gift cards while I’m at the store anyway helps save me money.
2. Use online banking instead of sending checks. I save on postage by using my bank’s online payment service instead of mailing checks. It also saves me money on checks, since I use fewer of them and need to reorder much less often.
3. Redeem cans and bottles for CRV (California Redemption Value – $0.05 for small bottles and $0.10 for large ones). We don’t drink that much soda or bottled water, so it takes me 3 to 4 months to collect enough to redeem for about $10. But still, that’s $40 a year I’m getting back, and it doesn’t take much effort.
4. Use reusable grocery bags. Some stores give a credit when you bring in your bags, so I’ve become quite good about remembering them. The one exception is Target, where I find the cashiers extremely unreliable about giving me the credit, and where I have a hard time remembering to remind them (because I have kids vying for my attention, or there’s a coupon issue that makes me forget, etc.).
I find that these small steps help me to be mindful of all savings, no matter how big or small. Each step by itself may not save much, but they all add up to a big savings in total.
What small steps do you take to save money?