Ways to Save for Caregivers
These days, we’re all looking for ways to cut costs and stretch our dollars further. Here are practical, everyday tips to help you and your family save money and make the most of every dollar.
1. Buy in Bulk
For household items and pantry staples, buying in bulk reduces the cost per item, helping to save money in the long run. Most price tags will have a “cost per unit” or cost per weight price in the top left corner that can help you compare bulk prices.
Discount saving stores such as Costco, BJ’s, and Sam’s Club are great for stocking up on essentials at a low price. In particular, Sam’s Club offers club membership discounts for adults 50 years and older.
Running out of closet space for stocking up? Reach out to local family or neighbors to explore buying and splitting bulk purchases. That way, everyone can save money together.
2. Seasonal Saving
Prices often drop when demand is low. So, buying items off-season can lead to big saving.
Take winter clothing, for example: the best time to buy a warm coat is in February or March, when stores are clearing out their winter stock to make space for new spring items. Investing in a high-quality winter coat or jacket during an end-of-season or clearance sale can save you time and effort come next winter.
3. Check Sale Periods
Major holidays often bring big savings, especially on large household purchases. While the most well-known sales happen around the end of the year, many other holidays like Memorial Day, Independence Day, Labor Day, or Presidents’ Day—also offer great deals. If you’re planning a major purchase, consider holding off until the next holiday sale to get the best value.
Beyond holidays, also check for special sales periods such as Amazon Prime Day in July and Massachusetts’ Tax-Free Weekend in August.
4. Insulate Windows and Doors
AC and heating bills can get expensive in the peaks of summer and winter. Window curtains and door draft blockers can reduce the draftiness of your home, keeping the AC inside and reducing your bill.
During major heat emergencies, consider visiting a free cooling center at your local Boston Center for Youth & Families (BCYF). Find local cooling resources hosted by the City of Boston here.
5. Utility Mindfulness
Water and electricity bills can make up a huge chunk of monthly expenses. Though it can be tough to save big on these bills, little everyday actions can help lower them, such as:
- Turning off the tap when brushing your teeth
- Turning off appliances when leaving the room
- Combining laundry and dish loads with other housemates
- Being mindful of peak hours for electricity