I love finding ways to save money. But I hate sacrificing my luxe lifestyle. Here are some simple lifestyle changes to save money without sacrificing a luxe life.
1. Hide your credit cards so you don’t use them (with the exception of #2 below)
Credit cards are just bad. They have huge interest rates and they can suck you into making purchases that you can’t actually afford. Hide them at home because they’re evil.
2. Make high-dollar purchases on credit cards that earn airlines miles
Okay, forget what I said in #1. We all need vacations. We all deserve vacations. But funding vacations is expensive. When I know I have to make a high-dollar purchase (car tires, kids’ camps, etc) I use my Southwest Rapid Rewards credit card. I’ve earned lots of free flights, including flights to Cabo San Lucas in the few short years I’ve had the card. But only make those high dollar purchases if you know you can pay them off right away before those interest charges kick in.
3. Use grocery store apps for gas points, coupons, and personalized deals
My favorite grocery app is the Vons app. I earn tons of gas points, get manufacturer’s coupons, and personalized deals with the app. I even get free items. I once got a free 20 pound turkey! Pretty much every major grocery store chain has an app. If you’re not using it, you’re not maximizing your savings. Read more about the Vons app here.
4. Use rebate apps for purchases you normally make
Use apps like Ibotta and Ebates to earn rebates on things you would normally buy anyway. I use the Ibotta app for groceries in conjunction with the Vons app to really maximize my savings. But you can get rebates on other things such as clothing, hotel stays, cosmetics, home furnishings, and more.
5. Eat at restaurants that offer loyalty rewards
When I’m too burned out to cook, my go-to restaurant is California Pizza Kitchen. California Pizza Kitchens have a pretty posh atmosphere and menu, despite being a chain restaurant. I’m a Pizza Dough Rewards member and every time I go out, I have a $5 or $10 credit to deduct from my check.
6. Make your own coffee
I made the unfortunate mistake of falling in love with a cold brew coffee at Whole Foods at $3.99 a pop. And my husband is addicted to Starbucks. What a waste of money! I now buy a bottle of cold brew concentrate to keep in my frig at work. Try Kohana Cold Brew Organic Coffee Concentrate, Original Flavor, 32 ounces, Fair Trade Coffee, Iced Coffee, Energy Drink, Low-Acid Instant Coffee, Gluten Free, Vegan, Serves 6-8.
7. Take public transportation or walk when possible
Walking is great exercise. If you walk enough, you can even cancel your gym membership and save more! If you prefer public transportation over walking, check with your employer to see if they offer any transit benefits. You can read more about living a car-free lifestyle here.
8. Set up automatic savings transfers into a high-yield online account
Set it and forget it. Funnel money into a savings account each month before you have the chance to spend it. I use an Ally savings account and earn 1.25% APY.
9. Make your own skin-care products
The skin-care industry is a huge rip-off. I was paying tons of money for fancy facial oils until I realized I could make a better product at home. It was easy and cheap. So then I expanded my skin-care repertoire to include home-made clay and charcoal masks. The possibilities are endless.
10. Stay away from the mall!
For the love of God, don’t go to the mall! You’ll definitely end up buying something you don’t need. Going for a hike or to the beach is better for the soul anyway.