This is part of a series on 13 money resolutions for 2013. If you’re looking for new ways to save money this year and have already trimmed your budget, let’s explore some areas where doing things yourself can lead to significant savings.
I’m not particularly handy, but I’ve learned that many tasks are simpler than they appear.
Cooking
Cooking at home is an obvious area to cut costs. By mastering a few basic recipes like pasta, stew, stir fry, and big salads, you can create countless meal variations. Making a large salad with vegetables that are about to spoil is not only easy but also cheap and healthy. Get creative and find recipes that use your ripest ingredients, and avoid buying convenience foods. For instance, instead of buying fried chicken when you’re tired after shopping, consider making a fresh meal at home. A fried chicken breast can cost as much as a fresh fish, and with drinks and sides, it’s often more expensive than a complete homemade fish dinner with wine. Convenience foods are pricey and not necessarily better.
Home DIY
I’ve learned a lot while fixing up my house, such as installing electrical plugs, setting up water pipes, and painting. These tasks are quite simple and far cheaper than hiring someone. By watching a 10-minute online tutorial, gathering materials, and diving into the project, you can save a lot. For example, I painted my entire house with lime wash for under $5, which likely increased its value by at least $500. Focus on fixing leaks, improving insulation, and addressing anything else that might be costing you money over time.
Car DIY
Performing basic car and motorcycle maintenance yourself can also lead to substantial savings. Changing the oil or brake pads is simpler than you might think and can save you a significant amount over time.
Gardening
Although gardening isn’t always cost-effective, especially in places like Guatemala where a pound of tomatoes costs less than $0.50, it can be a rewarding hobby that keeps you active and relaxed. I focus on growing vegetables I frequently eat and those that are expensive, like bell peppers. I also grow basil, which is hard to find locally.
What other tasks do you prefer to handle yourself to save money?