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14 Things to Buy thaat Save Money

Updated on February 17, 2016
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Dr. Penny Pincher founded the popular personal finance blog Penny Pincher Journal in 2013 and has published two books about saving money.

Best Products to Buy to Save Money

If you are trying to save money, it may seem counter-intuitive that you save money by buying something. How does that work? The idea is that you can spend a little money now on something that will save you a lot of money in the future by reducing your need to buy other things.

What are the best products to buy to save money? Some products you can buy will quickly pay for themselves with the savings you'll get and help you save money. Today I'll present my favorite money saving products. You can save thousands of dollars every year by purchasing the right products and taking advantage of them to save money every day.

$1 to $3 Products to Save Money

Used Books

Used books provide cheap entertainment. If you get a used paperback book for $1 and read it for 4 hours, your entertainment cost is only $0.25 per hour. You can share the book with others in your family and share with friends. Plus you can re-sell or trade the book when you’re done reading it.

Where to buy cheap used books: Used book shops, garage sales, thrift shops.

Buy a Newspaper

Buy a weekend newspaper- this provides cheap entertainment and gives you an opportunity to stay informed about news and local affairs. I know you can get news free on the internet, but with a newspaper you’ll get ads that you can go through to find coupons and sales. You can also find garage sales in the local paper. When you are done reading, use the newspaper for protecting surfaces for projects, kindling to start campfires, mulch in your garden, and other reuse.

Buy a Box of Tea Bags

You can buy a box of 20 tea bags for under $3. If you drink this instead of buying coffee at a coffee shop at $2 per cup, you'll save $17 per box of tea bags. Hot tea is a satisfying drink and is a very inexpensive beverage with potential health benefits.

Boxes of tea bags for under $3
Boxes of tea bags for under $3 | Source

$5 Products to Save Money

Compact fluorescent light bulbs

Replace your incandescent light bulbs with compact fluorescent light bulbs. Compact fluorescent bulbs last much longer than incandescent bulbs and consume much less energy, saving you money. I like the idea of buying something that saves money every day!

$8 Products to Save Money


Get a Netflix subscription for $8 per month for almost unlimited entertainment. Everyone in my family has found shows and movies on Netflix that they enjoy. If you get rid of your cable or satellite TV service, you can save about $100 per month. Read more about best value TV service options and ways to save money on TV.

$15 Products to Save Money

Insulated Lunch Box

Buy an insulated lunch box and use it every day. You'll save about $5 per day over buying lunch at a fast food restaurant. You'll save $720 per year taking lunch! If you invest in a decent lunch box, you’ll be more likely to take your lunch instead of buying fast food. Get a couple of freezer packs for about $2 each to put in your insulated lunch box to keep your lunch cold. You may never need to buy lunch again.

$20 Products to Save Money

Wireless Thermometer

Get a wireless outdoor thermometer. Use this every day to check the temperature and pick the right clothes for the day. You can also use the thermometer indoors to find cold spots, use it in your garden to monitor the temperature, and use it to check the temperature in your attic or garage. A home weather station is cheap entertainment and may help you find areas that can benefit from insulation. Learn about the best home weather station products.

$35 Products to Save Money

Haircut Kit

Buy a set of hair buzzers and do your own hair cuts at home. You'll save $100 per year per person on haircuts! The haircut kits include guards so you can cut hair to the desired length. It is really handy to be able to have a haircut anytime you want one without leaving home and without paying $15!

Pull-up Bar

Install a pull-up bar at home. A pull-up bar provides an easy way to get a quick workout every day. A pull-up bar will last a lifetime, and people of all ages can do pull-ups. Some pull-up bars can be used for other exercises like push-ups and sit-ups as well.

Pull-up bar and more!
Pull-up bar and more! | Source

Wireless Router

If you have internet service, but don’t have a wireless router, you’re missing out. Just plug in a wireless router and you’ll be able to access the internet from anywhere in your house using your wi-fi enabled devices such as tablets, cell phones, and laptops. Most modern devices have built-in wi-fi receivers. You can add a wi-fi receiver to your desktop computer for about $25, allowing you to locate your desktop computer anywhere in the house. If you have wi-fi at home, you’ll be less likely to spend time- and money- at coffee shops and restaurants that have free wi-fi.

Outdoor Clothesline

Dry your clothes for free using solar energy with an outdoor clothesline. This article has instructions for selecting and installing the best outdoor clothesline for your yard.

$50 Products to Save Money

Used Bike

A used bike is one of the least expensive hobbies you can have. Riding a bike is great exercise and can provide countless hours of entertainment. You can also use a bike for free transportation. This article describes how to find cheap used bikes. I bought a used bike cart on craigslist for $35 to use for hauling groceries and books with my bike on short trips. Although the bike cart is intended to haul kids, I use it to give my dogs rides!

Used Crossbow Exercise Machine
You can pick up a used crossbow exercise machine for get a great workout at home if you have room. Crossbow is a less expensive version of Bowflex machine. This is an exercise machine that uses plastic rods to provide resistance, allowing you to build muscle.

Where to buy: garage sales, craigslist, eBay, used exercise equipment stores

Best value coffee maker with thermal carafe
Best value coffee maker with thermal carafe | Source

$65 Products to Save Money

Good coffee maker
Make your own pot of coffee every morning instead of paying over $2 per cup at a coffee shop- you'll save $546 per year! Here's an article about choosing the best value coffee maker under $100.


Make your own soda at home and save money. You can save $5 per week or more making your own soda, which adds up to over $260 per year in savings. Find out how much you can save with a SodaStream.


These products will quickly pay for themselves with the money you will save if you use them regularly. What products have you found that are great values and save you money every day?

© 2013 Dr Penny Pincher


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