We all have our pet ways to save money. I’m always on the lookout for more, especially the painless kind. Well, the less pain the better.
This article tells which money saving ideas are worth the effort. So first we can all go for the ones that require the least effort for the greatest reward. That’s called picking the low-hanging fruit.
The author talks about the next level of saving where it takes a little more effort/time for a little less reward. Those I cherry-pick (to use another fruit picking metaphor!) to do the ones I feel like doing. If times got harder I’d do a lot more of these.
The last level includes things that take a lot of effort/time for very little reward. The author suggests skipping these. I agree. No sense knocking yourself out for very little reward. I guess that’s like pushing yourself into a huge berry bush to reach the last few berries on the inside of the thicket. I’ve done that in a blueberry thicket in the Texas heat. Doesn’t make a lot of sense, & besides I almost fell. At least there weren’t any thorns! We did get a lot of yummy blueberries that day (mostly from the easier to reach parts of the bushes) & enjoyed having a life-saving snow cone afterwards! Not sure we saved much money over buying them at the store, but it was a fun outing.
Of course there are other rewards besides the monetary reward. For example, I enjoy painting items that have lost a lot of their paint. It takes me pretty long to do it because I’m just slow. But I get a lot of enjoyment out of it. That’s a stress buster that you can’t put a price on. Also, I’m retired, so I have the time! For many people their hobbies are stress busters that cost them some money. Also it’s possible to make money with some hobbies–so you get a 2-fer with stress management and making a little money.
So where do your money saving activities fall on this list? Click title for link at GetRichSlowly. OK, now I’m going to find some fruit to eat.