This is a link to the nineteenth in an ongoing series billed as 30 Day Challenge to save $1,000 by Ramit Sethi at IWillTeachYouToBeRich.com, his blog on personal finance (banking, saving, budgeting, and investing) and personal entrepreneurship. His series outlines the various ways we can keep money in our pockets.
This is a guest post by Susan Su.
I’m a snob. I eat organic food, love designer clothes, buy premium pet food, and hate Old Navy.
As you sometimes hear, sometimes it takes money to make money (and save money). Saving money includes spending less on things you want and need, including good quality clothes. The guest poster gives extensive detail on buying high quality, fashionable, well-organized clothes through the internet, which can save not only money but time.
Note: There’s an issue here to think about. We do need to also consider buying locally — by which I tend to think smaller shops and businesses, not “mega/box stores” and chains that can lead to the death of small, locally-based business. We might be angry about manufacturing jobs being outsourced to third world countries while shaking our heads bemusedly that the local book store just went out of business because of big chains, big discount marketing and online sales. So, think, consider, prioritize, act. Mindful actions, not automatic.
For the rest of the post click here.
For previous tips: Tip #1: Pack lunches for the rest of the week, Tip #2: Turn your thermostat down 3 degrees, Tip #3: Sell something on eBay today, Tip #4: Involve your friends in your savings challenge, Tip #5: Optimize your cellphone bill, Tip #6: Use gas prices to become your own hedge fund, Tip #7: Create a “No Spending” day once a week, Tip #8: Implement the A La Carte Method, Tip #9: Only buy new things when replacing something old, Tip #10: Use the free rewards from your credit card, car insurance, and workplace, Tip #11: Never pay full retail price for clothes (or eyeglasses) again, Tip #12: How I’m saving $2,000 on eating out in 2009, Tip #13: How to negotiate your car insurance, Tip #14: Use self-persuasion to share how much you’ve saved so far, Tip #15: Forget going to a bar — ask people over for dinner, Tip #16: Cancel any large purchases this month, Tip #17: Buy generic for the stuff you don’t care about, Tip #18: No Christmas gifts this year