How to Stop Wasting Your Money and Resources

by TessaSchlesinger

There’s a difference between saving money and wasting money. If you’ve been trying to save and can’t, it might be because you’re wasting it!

Ever read one of those ads which says something like, “Save $25 – only costs $1255 today.” Um, yes. I bet you have! And so, because you wanted to save $25 – it’s a good thing to save, after all – you bought the item for $1255. It was a TV for the second bedroom which you always wanted. In addition, you always buy large quantities of food because everybody knows that if you buy in quantity, you save big bucks… Right? Wrong!

Buying in Bulk is Wasteful Because Marketers Have Changed their Way of Pricing Goods!

Don’t Buy in Bulk

Perhaps it’s time you took a real good look at the difference in prices between buying in bulk and buying small quantities. You see, somewhere during the last decade, the marketing men have slowly made the larger quantities more expensive than the smaller quantities. In some cases, accounting for the increase or decrease in quantity (obviously), the per ounce price is the same. But, increasingly, the best buy is the smaller quantity. The per ounce price tends to be the least expensive.

There’s another benefit, however. It is simply that the smaller quantity you have on hand, the less you use. There is an enormous temptation to waste when larger quantities are available. A small bottle of something will go twice the distance that a larger bottle will go. Try it. Psychologically, we just tend to conserve our usage of something when we have less of it. We also tend to value it more.

So next time you’re out buying nail polish remover, dishwashing liquid, a bag of potatoes, or anything else which you normally buy in bulk, don’t! Try something new. Try buying a smaller quantity and see how much longer it lasts…

You might, of course, buy two smaller bottles of something if buying two smaller containers costs less than one big container, but that’s up to you. 

Multi-functioning 420 square feet...

Think About What You Really Need and Really Want

Needs and Wants

Have you ever thought about why you put sheets under blankets on your bed? Well, in the olden days before you, your mother, and your grandmother was born, there never used to be washing machines. There weren’t any dryers either. So everything was washed by land and left outside in the hot sun to dry. If there wasn’t hot sun and it was left inside to try, it could take a week to dry.

This was more arduous for some fabrics than for others. For instance, it would take a lot longer for a comforter (made with feathers or down) to dry than it would for a cotton sheet. So sheets were used underneath blankets to ensure that blankets didn’t get dirty (sweat, etc) so quickly. It was simply easier to wash and dry a sheet than it was to wash and dry a blanket or comforter.

So do you honestly need sheets now? Maybe if you like the feel of sheets between you and a blanket or comforter? But not because you were taught that was the right thing to do. You don’t, however, need more than one pair of sheets per bed. It’s a simple matter to put them in the washer and dryer and have them clean the very same day.

To have more than one pair per bed is simply waste!

The above is just an example, of course. What I’m saying is that we use so many things in our home today simply because we saw our parents use them or because our peers use them, but do we really need them?

At the bottom of all this need and want stuff is the fact that we sometimes only 'need' and 'want' these things because we desire to fit into our social group and want acceptance and admiration from our friends. Unsurprisingly, that's what marketers play on, and, surprisingly, our friends will accept us even if we don't own what they own!

Learn about multifunctional furniture for small places
Brad Pitt, our favorite celebrity design enthusiast, has explained, “I’m drawn to furniture design as complete architecture on a minor scale.” Nothing illustrates his point more than the marvelous multifunctional designs that are quickly becoming mainstays on in today’s economically aware, space-saving obsessed design circuit.

Ten Coolest Multifunctional furniture Designs
It doesn't look like it, but hiding in this box are an armoire, a desk, a height-adjustable stool, two more stools, a six-shelf bookcase, and a bed with a mattress. Casulo is a brilliant transforming furnishing system that fits an entire apartment's worth of furniture in this diminutive box. See Casulo unboxed in the next image, and learn more about green furniture at Planet Green.

San Francisco approves tiny 220-square-foot apartments
San Francisco could soon be home to some of the tiniest apartments in the country: studios for up to two people that include a bathroom, kitchen and a minimalist living area measuring 10 feet by 15 feet The Board of Supervisors on Tuesday approved legislation allowing construction of up to 375 micro units as small as 220-square feet. Building codes previously had required that apartment living rooms alone be that size.

NYC 'micro maximalist' turns teeny-tiny apartment into work of art
Sherry Smith has lived in her tiny New York apartment for twenty years. The above interactive panorama is a composite of 16 separate images blended together with software to give an immersive view of Sherry Smith’s small home. Smith’s cat, Chloe, appears three times in the panorama because she moved around during the photography. (John Makely/ NBC News)

Waste in Your Kitchen

Wasting Food

How many pots and pans do you have? How many plates? How many knives, forks, gismos, rice cookers, chip makers, coffee grinders, slow cookers, electric frying pans, cookers, kettles, and more? Do you honestly use all of those every day of the week?

Here are two things to consider.

  1. The first is that it’s just as quick to cook a pot of spaghetti in an ordinary pot of water as it is to put it into its own particular spaghetti maker. The issue is that you can use the pot for multiple cooking tasks but you can use the spaghetti maker for only one. You don’t even save time using the spaghetti maker and it’s just one more appliance which takes up space. The point is that nobody needs all these different appliances. They’re just there to make you buy them so that someone else can grow rich out of your expenditure! You can live without it – just as happily.
  2. Ah, space. Ever considered how much space all these items take up? I once stayed with a young couple who must have had every single gizmo in existence. Their cupboards were overflowing with stuff. There wasn’t an ounce of space left. Here’s the funny thing. They never ate in. They always ordered junk food to be delivered. And yet, when they were out shopping, they would buy whichever new gizmo, they saw – soda maker, vegetable steamer, tomato chopper, knife sharpener – you name it. It’s a sickness! 

Stop the waste! Living simpler is easier. You have less to clean up and, if you get into a rhythm of doing things, you’ll be amazed at how much less stressful life becomes. By all means, if you figure you’re a meat and veggies man, get a slow cooker, pop the ingredients in every morning before you go to work, and come home to a cooked meal. But do you need a microwave, a gas stove, a macaroni maker or anything else? No, you honestly don’t. It’s waste!

Get Creative. Become Multifunctional.

Multifunctional Products Save Space and Time

About half the people in the United States are married whereas the other half have remained single. Single households do not need to be set up in the same way that households with families are. Take, for instance, laundry. It’s far more cost effective and environmentally friendly to use a community washer for laundry than to have one for one’s sole use. 

However, there are other options as well. Buying clothes that utilizes fabric that can be hand washed and will dry a few hours later and never need ironing is also an option.

 I love to go to travel shops as there are so many unique products that save time and money in ordinary everyday life. One of the things I always hated was a big, fat heavy iron. About three years ago, I bought a lovely small iron that is light and does it all. It has a switch for both international electricity (240) and American (120). So I can take it anywhere. In addition, it can steam. It is positively lovely! 

Another of my favorite resources is I bought a flashlight from Target a while ago. It was inexpensive (about $6) and I had a lifetime of free batteries from the manufacturer. You can’t beat that! That said, the battery gives 400 hours of light which means you could use it for four hours each night and have about three or four months use of it without the battery dying. It’s really quite cleverly designed as well – with the place where flashlights normally contain batteries being an empty space for storage. 

Recommended travel Iron
Recommended Small Iron
Recommended Small Iron
Hamilton Beach 10092 Travel Iron & Steamer

Handy travel iron and steamer.

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Crock Pot SCR450-PT 4-1/2-Quart Slow Cooker, Black Demask Pattern

Bring the family to the table for a wholesome home-cooked meal. The SCR450-PT serves 5 or more people and is ideal for all your favorite slow cooker recipes, with high, low and ...

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Red Transparent Hot Water Bottle 2l water bottle by Fashy

Fashy has been making high quality hot water bottles since 1986. This classic home remedy has a variety of uses and benefits:Soothes aches and pains related to sports injury, me...

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Consider Downsizing in Some Areas...

How to Downsize

In Hong Kong, entire families live in one room. In Africa, entire families live in rondavels.

In both New York and San Francisco, authorities and builders are now focusing on building 200 and 300 square feet apartments for two. This is below the previously accepted amount of space needed for two people. With the increasing price of space, however, and the high demand for somewhere to live, reality has taken a bite. More and more people are going to have to live in smaller and smaller spaces.

Surprisingly, if you’re not stuck with the baggage of ever expanding consumption, small is extremely freeing.  If you only have one room which needs to work as both bedroom and living room, it’s less to clean. By owning less, you expend less energy looking after things and have more time to connect with people. Too many possessions carry their own weight in more than a metaphorical sense.

How to Stop Wasting Money and Resources

Saving Money and Resources

In bullet form, here’s how you start…

 Think about the way you live. That is where it starts. Do you need everything you have? Do you want everything you have? Is there anything you can do without? Is there any way in which you can do things in a more creative way?

  1. Can you downsize without it costing you in comfort? Some downsize to find that it increases the comfort level because there’s less to worry about.
  2. Make small changes over a reasonable period of time. It can take a few years if you’re currently living in a McMansion.
  3. Sell off what you don’t need, can do without, and don’t want.
  4. Invest in products which are environmentally friendly with long life spans and take up little space.
  5. Find ways to do things differently. You don’t have to use sheets. You don’t have to have a microwave. You don’t need to replace your cell every year or two. You don’t have to wear the same kind of clothing your friends do. You can become very original and find a completely different lifestyle. You have that freedom. And you’ll find that when you use less, you’ll be less stressful and you’ll have more money. Isn’t that a winning deal?
Updated: 02/19/2013, TessaSchlesinger
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