Can you believe that it’s already February? 2019 is well underway, and February is the shortest month of the entire year. So, if you find yourself with a full to-do list, you may find yourself very busy this month, as February has the smallest number of working days.
The good news is that when it comes to money, lots of tiny little steps can add up to a BIG difference. Whether you’re dealing with a job loss, or celebrating a promotion at work, or just holding steady with the same-old-same-old, consider five fast ways to save money this month:
Check Your Payroll Deductions
In this new year, your take-home pay may be different due to personal circumstances. Your tax situation or your relationship status may have changed. Maybe now you’re a parent with a new baby! Maybe you’ve gained income from a side hustle or maybe you’ve lost income from the only job you’ve ever had in your entire life. Regardless of the changes, check all your pay stubs and make sure there are no mistakes. If you’re receiving unemployment income, verify that the amount you’re receiving matches the amount the state has awarded to you. Human error happens, so make sure you’re not losing out on anything!
Buy Some Candy- After Valentine’s Day
Don’t get me wrong – I’m not saying wait until February 15th to buy a sweet for your sweetie! What I am saying is that I personally can never have too much chocolate, so I will be watching the stores for the post-Valentine’s Day sales to stock up on extra chocolate. I don’t care what kind of packaging it comes in – chocolate is chocolate to me! If you have a sweet tooth, the day after Valentine’s Day can be a clearance paradise, so you too can stock up (unless your significant other has loaded you down with so much chocolate that you have no room for more).
Love-Themed, Heart-Themed, I-Love-You, I-Like-You, Anything Sales
Going hand-in-hand with the candy that gets marked down on February 15, you might see other items marked down after Valentine’s Day. Think items like cups, napkins, paper plates, guest towels, hand towels, candles, coffee mugs, pencils, pens, random things like that. Anything seasonal in the Valentine’s Day area will probably be marked down the day after. These types of things could be great to pick up and you could score a great deal on them. If it’s a cute hand towel with a heart on it, you could potentially use it year round in your bathroom (if it’s a good quality and it holds up). If you’re planning a wedding or an anniversary party, you might even get lucky and find supplies you can use (that are cheaper than items marketed as “wedding”).
Saving Money on Energy Costs
Another area to really think about with savings is your energy bill. If you live in a part of the country that’s impacted by extreme cold this time of year, you know how much of a connection there is between the weather and the energy bill. If you can just do a quick walk-through of your home, you may be able to assess the opportunities to save energy. Are your windows, doors, or other parts of your home allowing cold air to pour in? Are there unfinished rooms of your home that you might be able to insulate? Would a space heater make you more comfortable when it gets really cold? Just thinking about a problem won’t fix it, but it’s a starting step.
Use Your Christmas Gift Cards
Do you still have gift cards left over from Christmas? If so, now is the perfect time to use them. A lot of brick and mortar stores are doing their final markdowns – clearing out the winter stock to make room for spring items – which can give you some nice deals to start with. Combine that with a gift card, and you can get an even better deal. Thinking through a list of items you need or want in advance can help you make the most of it.
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