How to Increase Your Savings this Fall

As we welcome the autumn months, we also welcome new set of expenses – back to school, Halloween and pre-holiday shopping to name a few.  But don’t worry because a new season also means new money-making and money-saving opportunities.

So in today’s article, let’s talk about the different ways on how you can spend less, earn more and increase your savings this Fall.

Transition your summer clothes to fall clothing.

When the weather starts to cool down, it’s time to update your wardrobe.  But buying a whole new fall wardrobe will do major damage to your budget.  Aside from the obvious tip of re-using your old cool-weather clothing, you can actually incorporate pieces from your warm-weather wardrobe into your fall outfits.

Keep your back to school shopping receipts for potential tax deductions.

Depending on where you live, some states actually support tax deduction on certain back to school expenses.  Just do your research online, ask around or call your accountant to find out.

Save on energy costs.

When the weather cools down, you get to save on air-conditioning costs but on the other hand, spend more on heating costs.  But in the beginning of fall, just let your comforter and layers of clothes do the work, in order to lessen the need to turn the heater up.  Make sure to seal air leaks and clean and check your fireplace to reduce heat loss.  Also, take advantage of the nice weather outside and spend more time outdoors to reduce utility costs.

Find cheap leisure activities.

Speaking of spending more time outdoors, fall is the perfect time to find cheap (and sometimes free) fun activities to do with your friends, family or significant other.  Drive around to see the beautiful fall foliage, go for a hike, go apple picking, look for fall fairs and festivals or go camping – there are endless opportunities to have frugal fun this fall.

Use fall produce for your home-cooked meals.

In season produce costs less so choose recipes that use fall fruits and veggies to save on your meals, such as squash, sweet potatoes, apples, Brussel sprouts, cauliflower, sweet potatoes, etc.  Search for “fall recipes” online to get some ideas.

Take advantage of fall sale events.

Lots of great sales are coming this fall so if you want to increase savings, take advantage of these sale events to buy certain items you NEED or begin your holiday shopping.  You have Columbus Day, Halloween, Veterans Day, etc. so mark your calendars.

Declutter and sell your pre-loved belongings.

It’s time for an end of season clean-up.  Declutter your home and sell those unused and unneeded items online or during a yard sale.

Find a side hustle.

Whether it’s a part time job or a small business, there are numerous ways to earn money on the side during fall season.  Check out seasonalemployment.com for some fall job opportunities.

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