Earlier in the year, I happened to look over my budget for last year and was shocked to see how much I’d spent on presents for birthdays and Christmas. Having made a big effort to tighten my belt in 2010, I knew that I just couldn’t justify spending the same amount again, but at the same time, I don’t want to look like a miser when I’m handing over the presents. My compromise has been to look into making my own gifts in the hope that the extra effort will save me some cash and still look like a great present. Here are some of the ideas that I'm putting into action in my quest to save a little bit more money:

Personalized Gift Sets

Gift sets of toiletries are often given to females based on the assumption that you can’t go wrong with bath stuff. I’ve been guilty of doing this myself on many occasions with no real thought for whether the recipient will actually use the contents. After an enlightening conversation with one particular friend, it dawned on me that I was effectively wasting my money by buying her gift sets when she was only ever going to use the shower gel (she’s not one for baths). With these gift sets not being particularly cheap unless you can get them when they’re on sale, I wanted to find a way to buy something that would be better received without breaking my meager gifts budget.

My solution has been to put together personalized gift sets of toiletries that I know the recipient will definitely use. Over the last six months or so, I’ve been taking advantage of in-store and online offers on toiletries like shower gels, bath foams, and body lotions, and putting them aside for gifts. The idea is that I’ll only buy items that I know will be used, and because I’ve spread the cost throughout the year, it’s a much more financially manageable way of doing things. Once I’ve got everything I want to include in the gift sets, I place the items in a large sheet of cellophane wrapping and scrunch the top together to create a gift package (sometimes with a pretty ribbon or bow to finish the look).

I recently got the chance to put this to the test with a friend’s birthday gift and she was thrilled that I’d taken the time to put together half a dozen items that she genuinely enjoys using. I was initially worried that she’d think that it looked cheap or tacky but this wasn’t the case at all.

Baking Yummy Treats

If you’re looking for a present for someone who’s got a sweet tooth, you could do worse than turn your hand to baking. Even if you’re not the best at this, you can still bake a batch of muffins or cookies and present them in a basket. Here are two great recipes:

Blueberry Muffins Recipe

This is the recipe that I followed for my trial attempt and it worked well, even for a less-than-expert cook!

You’ll need: 1 1/2 cups of all-purpose flour, 3/4 cup of white sugar, 1/2 teaspoon of salt, 2 teaspoons of baking powder, 1/3 cup of vegetable oil, 1 egg, 1/3 cup of milk, 1 cup of fresh blueberries, 1/2 cup of white sugar, 1/3 cup of all-purpose flour, 1/3 cup of butter (cubed) and 1 1/2 teaspoons of ground cinnamon.

1. Preheat the oven to 400 degrees F/ 200 degrees C, and grease the required number of muffin cups (or use muffin liners).
2. Add 1 1/2 cups of flour, 3/4 cup of white sugar, salt and baking powder, and mix together.
3. Place vegetable oil in a measuring cup and add egg and milk. Add this to the above mixture and fold in the blueberries.
4. Fill the muffin cups to the brim.
5. Mix together 1/2 cup of white sugar, 1/3 cup of flour, 1/4 cup of butter ,and 1 1/2 teaspoons of cinnamon to make a crumb topping and sprinkle over muffins before you put them in the oven.
6. Bake for around 20-25 minutes.

Extreme Chocolate Chip Cookies Recipe

This is the recipe that I followed:

You’ll need: 1 1/2 cups of all-purpose flour, 1 1/2 teaspoons of baking powder, 1/4 teaspoon of salt, 2 cups of semi-sweet chocolate chips, 6 tablespoons of butter (softened), 1 cup of white sugar, 1 1/2 teaspoons of vanilla extract, 2 eggs and 1/2 cup of confectioners’ sugar.

1. Mix together flour, baking powder, and salt.
2. Melt 1 cup of the chocolate chips over a low heat.
3. Cream the butter and sugar.
4. Add the melted chocolate chips and vanilla.
5. Beat in eggs
6. Add flour mixture and the remaining cup of chocolate chips.
7. Wrap in plastic and freeze for around 20 minutes until the mixture becomes firm.
8. Create small balls of around 1 inch and roll in the confectioners’ sugar.
9. Place on an ungreased cookie sheet and bake for 10-12 minutes at 350 degrees F/ 175 degrees C.
10. Leave to cool.

These are a few of my ideas that really help to save money when buying presents, but there are lots more ideas that you can use if you’re good at crafts. What are your tips for saving money with homemade gifts? Have you ever tried any of the ideas discussed here?

(photo credit: Sarz.K)

Before I get started, let me say this: buying and caring for a dog is a big responsibility. Although there are ways to save money when purchasing a dog, I don’t want anybody to believe that they should be “bargain shopping.” It is fine to search for the best deal on vet care, food, and toys. But when it comes to buying an actual dog, you want to do your research to ensure that you get the right pet for your family at a price you are comfortable with. Also, this post is not to advise against adopting a dog from shelters; it is specifically written for those who have decided that they want to buy their pet.

Here are several tips to follow if you are thinking about buying a dog and are interested in saving as much money as possible on the purchase:

1. Negotiate. Who would negotiate on the price of a dog, you may ask? While this may sound silly on the surface, it is something that you should be doing no matter if you purchase at a pet store or a breeder. No matter the seller, they are going to have a price in mind. It is your job to “talk them down” if you are interested in saving money.

Unfortunately, there is no “going rate” for dogs. It is often times difficult to look at the market and make an accurate determination on what you should be paying. For this reason, all you can do is feel out the seller and work together to decide on a price that is mutually acceptable.

2. Shop around. This can be the most difficult way to save money because you are dealing with a pet, not an inanimate object. It is easy to become attached to one dog in particular, and you may therefore not want to visit another breeder or pet store for price comparison purposes. This is why you should attempt to gather as much information as you can before visiting any location. For instance, you could call several breeders on the phone for an idea of how much they are selling their puppies for. This way, you can first visit the breeders that are offering the best price. This doesn’t mean that you have to buy, but if price is on your mind it is a good starting point.

3. Breeders are almost always cheaper than pet stores. Early in the year, I spent several days with a friend who was searching for a Labrador Retriever puppy. In our part of the country, these dogs are very common. Not only are they sold in pet stores, but there are breeders from one side of the city to the next.

Soon enough, I realized a huge discrepancy in price when comparing breeders to pet stores. Most breeders were asking between $500 and $1k based on the lineage of the puppy. For example, those with championship bloodlines had a higher price. Pet stores, on the other hand, were asking anywhere from $1,800 and up. As you can imagine, he ended up purchasing through a reputable, local breeder. Not only did the breeder have more puppies to choose from, but the price was three times less than the closest pet store. This is party because pet stores have much higher overhead costs to account for than breeders.

Don’t buy a dog just because it is cheap. Instead, do your homework to determine which breed is right for you as well as your options for breeders and pet stores in your area. From there, you can use the advice above to save money.

Do you have any tips on saving money when buying a pet? Does the very idea of trying to save money bother you?

(photo credit: delta16v)

A couple of weeks ago, I caught up with some friends over pizza. Although we each had drinks and a decent-sized pizza, our total bill only came to $6. Short of throwing a few coins on the table and hot-footing it out of the door before security gave chase, you’re probably wondering how we got away with paying so little. The answer is very simple: we used vouchers to cover the bulk of the costs and only had to pay the difference. We do this every time we eat out now and very rarely pay full price on any meal.

Before I go any further, I should clarify that this post will be predominantly about informal restaurants (fast food type places, if you like) as these are the most likely to offer voucher deals. So, how do we get our hands on these cost-cutting vouchers? Finding the vouchers usually comes down to me, because I’m the one who tends to organize our get-togethers. The options that we tend to use the most are:

Check voucher/deal websites. My first port of call is usually specific "voucher" websites that collect together deals and present them in one place. These are some of my usual haunts:

• Retail Me Not - http://www.retailmenot.com
• Coupon Codes 4 U - http://www.couponcodes4u.com/
• Pizza.com - http://pizza.com/pizza-coupons

If I don’t see anything using this strategy, I’ll move on to some other options.

Look for newsletters. You may be able to sign up for newsletters or emails that contain links to vouchers that can be downloaded, printed, and taken to the venue. These are pretty commonly offered. All you need to do is sign up for the restaurant's email list and they'll send you random discount vouchers as well as free birthday meals.

Trawl the net. Sometimes, it can just be a case of doing a Google search for the restaurant that we want to go to. Because we’re so keen to use vouchers to cut costs, we’ll make plans around the deals that are on offer. That said, there are a handful of places that we know are likely to be offering vouchers at some point in the near future, so I do periodic Google searches every couple of weeks to see what’s being offered and when the vouchers will expire. A simple search phrase like “[Restaurant name] voucher deals” or "[Restaurant name] discount" will often bring up something relevant and timely.

Survey rewards. One of my friends is a member of an invite-only survey panel and receives reward vouchers a few times a year as a thank you for her ongoing participation. Sometimes she can choose to redeem them for specific restaurants (usually big names with branches all over the country) or sometimes they can be used at a range of places (not just restaurants).

How I Do Things

We plan where to go according to what vouchers we can get. Because of this, we’re unlikely to go to the same place two months in a row unless they’re offering continuous deals to draw customers in over a longer period of time. More likely, it’ll be a different venue each month depending on which vouchers are available at the time. As well as eating in, some of the vouchers that I come across are for deliveries. If the voucher gives us a good deal, we’ll often go with that option and go to someone’s place rather than go to a restaurant as it makes more sense and it's a nice changeup from going out.

If you’re someone who likes to eat out a lot, you’ll probably struggle to cover all of your costs with vouchers. Those that come via email promotions are likely to be a one-time only download relating to the email address that you signed up with. That said, there's nothing to stop your friends from also downloading a voucher so you can all make use of the same deal as long as you use them on separate occasions (most vouchers specify that you can only use one per order).

Do you take advantage of vouchers and coupons when you eat out? Do you have any additional tips for saving money when going out for food? Your feedback is always welcome!