How I Saved $1,000 in 30 Days

By
Real Estate Agent with Keller Williams Realty Gulf Coast Your Resource inPensacola
http://actvra.in/rh2

How I Saved $1,000 in 30 Days

This was an experiment I wanted to try.  I think it is a good one especially for first-time home buyers to help with the mindset for homeownership.

There are always unexpected expenses that come up with owning a home. 

This way of thinking helps us learn to reconsider our options.

Try it.

This exercise will change how you think about spending.

1.   Look around your house and see what you could sell and be happy to get rid of.

I staged a very small yard sale that I advertised on Craigslist.  I listed the items and took pictures – it included a large wooden table and a few  electronic items, some household items and some art/artistic pieces I had made with my girlfriend group we used to call “Art Nite Group.”  

I listed the price each item with the photos.  Most of it sold and I cleared $504.

 

2.     I advertised “One day’s work (8 to 5 on a Saturday) worth of staging, decluttering, or décor remix for any home for $100.  The advertising was free -- I put up some small signs in my neighborhood (which were quickly removed by someone)  but got a call each time before the signs disappeared.  I did this twice - $200.

3.     That led to someone who wanted to paint 3 interior rooms of her home but with some help.  I offered to work 2 full days helping her paint and charged  $150 for the total time.  We DID finish, and it looked nice.

4.     Cutback on expenses.

Stopped using my car except for ABSOLUTE necessity. Walked and rode my bike for most errands.   My gasoline bill was $60 less than it usually is.  Admittedly, I used to drive around sometimes just for the fun of it.  And I would make long treks for silly reasons.  I just stopped; it wasn’t entertaining enough to justify not only the $60, but the additional mileage on my car, the wear and tear, and how that leads to additional maintenance costs.  Getting out on foot or bike has its own rewards.

5.     Cutback expenses:

No restaurants.  Instead I invited someone over a few different times for a glass of wine.  We ate sandwiches, olives, and brownies with the wine and talked.

I don’t eat out much anyway with my husband working out of town, so putting just $25 in a sugar bowl on 4 different occasions gave me $100.

6.     Cutback expenses:

I downgraded my cable/internet service and saved $35.

I eliminated my Vonage phone and saved $30

 

Total cash in my sugar bowl:  $1079.

 

Getting ready to get ready for homeownership?

Or are you about to be a first-time homeowner?

Take this as your assignment, it’s good and fun.

How I Saved $1,000 in 30 Days

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Lindsey Hasford 01/10/2012 03:59 PM
Tags:
firsttime home buyers
homeownership

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Rainer
11,724
Jim McLane
Jackson Real Estate - Jersey Shore, PA

What a great exercise.  Everybody should do this, not just first time buyers.  While some of your ideas are one-time-only actions, some of the others will bring savings to you month after month.

What a novel idea - increase revenue and cut spending.  Why hasn't anybody suggested that to the Federal government?

 

Jim

Jackson Real Estate

 

Jan 10, 2012 03:30 PM #1
Rainer
25,568
Paula Pitts
Keller Williams Realty Gulf Coast - Pensacola, FL
850-417-8301

Thanks for the note, Jim.

I realize some of it cannot be repeated for another month, however the main point is how much it changes your thinking.  I needed a completely different mindset to do this for a month!  That alone told me something about being a spoiled brat and wastefulness.   Most of us could use a dose of reality about our wastefulness!

Paula

Jan 10, 2012 03:37 PM #2
Rainmaker
562,056
Lindsey Hasford
Coldwell Banker Vision - Elk River, MN

These are great cutbacks and money makers for anyone.... not just first time homebuyers. :) You've given all a great way to look at making a little extra in a tough economy.

Jan 10, 2012 03:51 PM #3
Rainer
25,568
Paula Pitts
Keller Williams Realty Gulf Coast - Pensacola, FL
850-417-8301

Lindsey,

Thank you for the kind words.

I am just amazed at how I used to think about things before I did this exercise.  My attitude about letting $30 slip away here and there way ridiculous.   It mounts up so quickly.   And every time you pick up your car keys, it costs waaaaay more than you think.

Paula

Jan 10, 2012 03:58 PM #4
Rainmaker
611,071
Don Sabinske
Don Sabinske, Sabinske & Associates Inc. - Zimmerman, MN
Sabinske & Associates Inc.

Pretty smart advice.  Not everyone can do all of this, but most of it can be done by anyone.  Thanks, Paula.  

Jan 10, 2012 10:07 PM #5
Rainer
25,568
Paula Pitts
Keller Williams Realty Gulf Coast - Pensacola, FL
850-417-8301

Don,  Point is OFFER TO DO WHAT ARE GOOD AT.  You might not earn the going rate, but it isn't a permanent job, and you get IMMEDIATE income.

There are lots of things I wish I could hire someone for at an inexpensive rate.  At $100 a day any skilled work is a bargain.  I would gladly pay $100 for a day of wood framing work  (rough carpentry) for my outdoor projects.   I have list of  about 10 things involving my garden and garden shed that could be knocked out in a day by someone who knows how to work power tools,

Or someone to set fence posts and put up some wood fence panels.

My handyman won't work a full day, but if he did, he would charge $300 a day.

You get the picture.  Some people are good with dogs.  You could offer to take in a dog for 3 or 4 days at your home, and charge $100 for that.   Beats a kennel.   Just brainstorming.  Hey, that's why I love Actie Rain!

THANK YOU FOR COMMENTING!

Jan 11, 2012 08:17 AM #6
Rainmaker
302,274
Peg Barcelo
Fluff My House! Home Staging Inc. 250.486.6369 - Summerland, BC
The FlufftasticStager from Summerland, BC

Paula, I love people who think outside the box and are self starters! I do many of those things, like riding my bike instead of driving certain places and its better all the way round, I get excercise and don't have to pay to park! Win Win! Eating at home is better for me too, because I know what's in the food I make and how much fat or salt etc there is...

Jan 15, 2012 02:08 AM #7
Ambassador
1,448,080
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Paula welcome to AR.   Love the cost saving ideas presented here, and many could benefit from such an exercise.

Jan 15, 2012 07:42 AM #8
Rainmaker
2,005,082
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Welcome to ActiveRain.  Best wishes for continued success.

Have an outstanding week and be sure to have your camera in hand to capture those special moments.

 

Red and White Dahila at Brookside Gardens (IMG_5952)

 

Photograph by Roy Kelley

Roy and Dolores Kelley Photographs

Jan 15, 2012 08:45 AM #9
Ambassador
878,506
John McCormack
Albuquerque Homes Realty * www.AlbuquerqueHomes.com - Albuquerque, NM
AlbuquerqueHomes.com, Albuquerque Homes Realty

Paula - Vickie sent me your way.  Welcome to ActiveRain, it's the best place to be!  If I can assist you in any way please don't hesitate to email or call me.  That's what we do in the Rain.....help each other out as needed.  I look forward to seeing more of you in the Rain.   Best regards from the Q and make it a great day in all you do!

Jan 15, 2012 10:33 AM #10
Rainer
205,153
Marge Piwowarski
Phoenix AZ Horse Property - Phoenix, AZ
Phoenix AZ Horse Property, LLC

Hi Paula, I came over from Vickie's page and want to welcome you.  I love the way you "walked the walk" , an inspiring blog!  We are so very happy you are here!

Jan 15, 2012 11:57 AM #11
Ambassador
878,506
John McCormack
Albuquerque Homes Realty * www.AlbuquerqueHomes.com - Albuquerque, NM
AlbuquerqueHomes.com, Albuquerque Homes Realty

Vickie Nagy Welcomes you to the Rain.

Jan 15, 2012 01:42 PM #12
Rainer
143,960
Lydie Ouellet Dickinson
Realty Executives Tri County, Bellingham MA - Bellingham, MA
Realtor

How come this post has not been featured yet?

What a great idea for future home buyers.

Another great post! Welcome to ActiveRain!

Jan 16, 2012 04:58 PM #13
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Paula Pitts

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