15 Wise Money-Saving Purchases to Consider To Save Money This Year

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They say sometimes you have to spend money to make money. Putting your money into items that can save you money is a great idea. There are some amazing ways to save money by spending money on these money-saving purchases.

And while some of these things won’t necessarily put the kids through college, everything on this list is worth considering picking up to grow your savings.

LED Light Bulbs

Electric LED Lightbulb Change In Light At Home.
Image Credit: Andrey_Popov/Shutterstock.

Switch out your regular light bulbs for LEDs. They’re significantly more energy-efficient and last years longer than incandescent.

Quality Clothing

Happy woman stands in a fashion store, carefully choosing clothing items to buy. She browses through racks of stylish clothes, examining each one closely before making a decision.
Image Credit: JLco Julia Amaral/Shutterstock.

A pair of Levi’s might cost a bit more upfront than a fast fashion brand, but high-quality clothes last for years, while a cheaper pair might only make it a few months.

A Coffee Maker

A black drip electric coffee machine with a glass teapot brews a morning drink. Household appliances, a white cup and a jar of beans on the kitchen table on the countertop at home
Image Credit: Evgrafova Svetlana/Shutterstock.

Listen up, latte lovers: making coffee at home is easier than you think. Throw some money down today and make a homemade latte every morning from here on out for less than a dollar.

A Programmable Thermostat

Portrait of smiling woman lowers the temperature on digital thermostat at home. Energy saving, efficient and smart technology.
Image Credit: Zigres/Shutterstock.

This is another example of something that might have a higher initial ticket price that can save you a ton on energy expenses. Adjust your HVAC to run less frequently when you’re not around, and you’ll be surprised how much you’ll save.

A Good Smartphone Case

Young millennial female using social network application on mobile phone for communication. Caucasian hipster girl holding smartphone in silicone case. Teenager browsing online with internet data
Image Credit: GalacticDreamer/Shutterstock.

Smartphones are expensive, and replacing them can be obnoxious. Shell out a few extra dollars for a good smartphone case and never struggle with a cracked screen again.

Cloth Napkins

White linen napkins, flower and ceramic plates top view with sunlight shadow on white background with copy space.
Image Credit: IrenaStar/Shutterstock.

Hear us out — paper towels or paper napkins are single-use, so even though you aren’t saving enough to retire from switching, buying cloth napkins saves you a decent chunk of change.

Rechargeable Batteries

Rechargeable batteries in a battery charger. Four AA batteries in a charger with a green display showing the level of charge. NI-MH and LI-MH battery.
Image Credit: TTL Deez/Shutterstock.

Same deal: if you’re going through batteries like water, buying rechargeable ones will save you the time, money, and hassle of constantly picking up new ones.

Baking Soda

Woman using baking soda to unclog sink drain, closeup
Image Credit: New Africa/Shutterstock.

Perhaps another surprise entry to some, but you’re underestimating baking soda’s power. It can do everything from washing your produce to melting ice on sidewalks — all for a few bucks.

A Vacuum Sealer

Woman using sealer for vacuum packing with plastic bag of zucchini at white table in kitchen, closeup
Image Credit: New Africa/Shutterstock.

If you’re constantly heading down to the farmer’s market only to realize you can’t eat everything before it goes bad, this is a must. Use it to help things keep way beyond their average expiration.

A Crockpot or Instant Pot

Instant Pot pressure cooker on kitchen counter with beans and rice.
Image Credit: Stephanie Frey/Shutterstock.

Anyone who says they don’t have time to cook is probably spending too much money on carry-out or fast food. Crock Pots can help you save money on food costs by coming home to an inexpensive and likely healthier dinner with minimal effort.

An Air Fryer

Cooking potatoes and carrot sticks with spices in an air fryer
Image Credit: Francisco Zeledon/Shutterstock.

Air fryers can help make leftovers more delicious, fry up some vegetables in a snap, and generally make your kitchen experience much more streamlined, so you’re less likely to waste food and, therefore, money.

A Travel Mug

Close up of male's hand holding thermo mug with hot coffee driving in a car
Image Credit: Lithiumphoto/Shutterstock.

 

If you’re like most of the world, you just can’t go anywhere without your coffee. So don’t get caught unawares and settle on spending $4 for a cup of black coffee; make it at home and take it with you.

A Soda Stream

Soda Steam brand Fizzi kitchen gadget turns regular water into carbonated, sparkling water. Product is sitting on a retail store shelf
Image Credit: melissamn/Shutterstock.

It’s time to fess up: you love sparkling water. It’s okay; this is a judgment-free zone! However, it likely means you’re spending too much on cans or bottles of mineral water. If you’re going to drink it anyway, grab a Soda Stream and make your own soda at home!

Reusable Snack Bags

Hiking snacks in reusable bags
Image Credit: HikingChick/Shutterstock.

They’re eco-friendly and cost-effective! Pick up a set that makes having snacks on the go easier. Not only will you save money on plastic bags, but you’re less likely to impulse buy snacks if you’ve got some pretzels ready.

A Sewing Kit

Elderly woman holding a sewing kit with colored twisted yarn
Image Credit: Ocskay Mark/Shutterstock.

 

Learning a few basic mending techniques through a quick YouTube tutorial means you can bring virtually any article of clothing back to life in a few simple stitches and prevent yourself from an unnecessary online shopping excursion.

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Funny child hugs the radiator. Kid in hat and warm clothes enjoying home heater. Heating of housing during the energy crisis in the winter cold season. Restrictions and savings of gas and electricity.
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Here are some of my absolute favorite frugal tips to help you get started on your journey to frugal living.

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Young pretty woman traveller in baseball cap looks and smiles at camera at green nature forest background, portrait close up.
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Image Credit: Julaix/Shutterstock.

 

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An elderly woman looks sadly out the window.
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Getting older is a difficult thing to face. Unfortunately, it also comes with certain financial considerations that will affect your retirement planning. Here are 10 hard financial truths about aging that you can’t afford to ignore.

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Author: CJ Darnieder

Bio:

CJ is a writer and musician from Chicago.  When he’s not practicing the divine art of stoicism, focusing on achieving a deafening inner quiet, or attempting to reconcile with the inherent powers of the universe, he loves to cook!