Money comes and money goes. And when it goes, it can go quickly.
So, for many of us living in these uncertain economic times, every few bucks saved can add up. That’s why every now and then your Guy’s Guy likes to share some of his hacks for saving coinage, even in a big, bad city where everything seems to cost more than anywhere else in the country. Although most of you thrifty-minded peeps will recognize some of these tips, let’s hope that you can garner a few new ideas while also refreshing your memory about the ones you already know, but may not be executing. You can talk about saving money all you want, but if you take a taxi to and from work each day you either have money to blow or when it comes to saving bucks, you are not doing a good enough job. So, here are seventeen go-to tips for keep money change in your pocket and seeing less go down the drain.
1. Walk whenever possible – New York is a great walking city and hoofing it is an excellent way to stay in shape and burn unwanted calories.
2. If you can’t walk, take public transportation – Another no-brainer that most New Yorkers have figured out. Plus, with so many of us on the trains and buses at all hours of the day and night, mass transit travel has never been safer relative to the amount of people using the MTA.
3. When necessary Uber, Via, Lyft, etc. instead of cabs – Hey, sometimes we all need a ride home. Sorry taxis. You did not adapt to a changing culture. Maybe you will now.
4. Don’t buy a newspaper – Everything is online in real time anyway. Who wants to toke the Times around on a crowded subway and who has time to read it except on the weekends? If you can’t get online, the two free daily papers will do just fine during a quick ride to the office.
5. Bring your lunch to work – There certainly are a lot of hot women in short skirts standing on that long line for Chop’t, but is it worth it to pay $12 for a salad in a plastic container that you eat at your desk while working up another Excel spreadsheet? Make lunch at home and bring it to work a few days during the week. You’ll live, and you’ll also eat better. Use the savings to buy drinks for those women on the Chop’t line.
6. Bananas – They are really good for you (potassium). And, you can still get a nice big one for a quarter if you buy four in a bunch. Bananas taste great and they become more nutritious when their skin begins to turn.
7. Happy hour – I don’t think I need to explain this one. But how many times have you walked into a bar ten minutes after happy hour ended? Drinking in bars is expensive, amigos. Getting a head start will save some cash. Who knows, you might get free apps with that cocktail, too.
8. Drink at home before going out on weekends – I’m not pushing alcohol, but if you do drink, top shelf drinks can run you $20 a round. That adds up.
9. Buy top shelf booze in large sizes at discount stores – Your Guy’s Guy only drinks the good stuff, so I did my research and found some liquor stores that have deals on discontinued items. In fact I recently bought a $54 bottle of tequila for $18.99 at Broadway Discount off Astor Place. That’s a $35 savings for a tasty tequila.
10. Movie Matinees – Believe it or not, you can still score a deal to see new movies on the big screen. AMC theaters offer a $7.50 price for before noon.
11. Netflix – Everyone has access to Netflix. But, have you thought about how much you can save using it? If you enjoy binge watching Marco Polo you can get a whole season of the show for a song versus what you pay for a movie in the theater or for premium cable.
12. Books, CD’s, DVD’s – I recently purchased a returned hardcover copy of the brand new best-selling book about the Rolling Stones for half price at Strand. Now that I’ve read it, I will sell it back again along with my CD’s and DVD’s wherever I can get a fair shake for my goods. It adds up.
13. Coupons – Maybe Mom really did know best. Since I don’t buy most of the processed crap they sell down the aisles of the supermarket I rarely use grocery coupons. That said, with my trusty Coupon Sherpa app I can always get a deal when shopping for clothes at J.Crew, Gap, Levis, etc. There are also coupons for eyeglasses, travel, and a few dining options that are palatable to a New Yorker’s tastes.
14. Bring your coffee from home – For the investment in a quality lightweight thermos you can reap major savings by buying a top shelf brands of coffee or tea and making batches at home. I always keep a big jug of chilled home made organic rooibos tea or organic coffee on hand for the summer months. It saves me hundreds of dollars.
15. Free stuff – The free daily newspapers usually list the free things going on in the city over the coming weekend. It could be yoga classes, concerts, and other things of value. And these events are great ways to meet new peeps with similar interests. Worth a shot...
16. Lasker Pool – There is a gorgeous outdoor swimming pool open all summer at the northwest end of Central park near the Harlem Meer. The pool is spotless and you can swim laps early in the morning. Most people have never heard of it, but it’s real.
17. Quit the gym in the summer- Unless you are going four or five days a week, the gym can be a major waste of money in the summer. There are lots of ways to stay in shape outside and on your own. And if necessary, you can always take a class or buy multiple classes at a bulk discount. Now put on those running shorts and shoes.
There are lots more ways to save, but this feels like a good place to stop for now. The point is that although NYC can be a very expensive place to live, there are always ways to save money if you use that same big brain that scored you that cool job in the Big Apple to save a few bucks hear and there. It all adds up. See you at Happy Hour.
This week’s GUY’S GUY of the Week is Asa Candler who launched the first coupon in 1887. He was also the owner of Coca-Cola. Very smart guy.
See also: Money Hacks from your Guy's Guy