How to Create A Money Saving Plan For Buying a New Car

This post is brought to you by Len Stoler Dodge Chrysler Jeep.

Kids in the Car
If you are thinking you might be in the market to buy a new car soon, you might need to create a money saving plan. Buying a new car can be a little pricey with all the extras that go along with your big purchase. So before you head out to go shopping make sure your finances are in order and you know that you can afford the car you want. Now if you have all cash that is great, but if not, buying a car can impact your budget greatly!
Again these are just things for you to keep in mind when you go to buy a new vehicle. It is a big deal to buy a new car, and it can be a little costly. Making sure you still have money left after you make your payments will make your everyday life a little easier, so you don’t feel so strapped.

Time Frame of Buying a Car: You need to make sure to sit down and plan when you want to buy a new car. You may think in a year I will be ready, or even a few months down the road. Regardless you will need to have a down payment most likely for your new vehicle. Some places offer no money down, so you need to consider if you don’t go to a dealership that offers no money down, you might need to put down a thousand or more.

Look at Cars Online: If you have an idea of a vehicle you are wanting, you can look online at dealerships in your area to get an idea of the price range. This will help you to see how much money a vehicle you are really wanting might cost.

Monthly Car Payments: When you get a loan for a vehicle it can vary a lot depending on the price of the vehicle. You could spend anywhere from a few hundred dollars up to a thousand. They do offer ways to figure what your payment would be online for a vehicle, or your dealership can tell you. This is a great way to get a rough estimate of how much your car payment would be each month. Just make sure you also factor in for insurance each month. Most states require full coverage on a vehicle that has a loan against it.

Car Tags and Insurance: Along with buying a car you have to factor in insurance premiums, and car tags and registering your new vehicle. If you have a type of vehicle you want, say a SUV you can talk to your insurance company and they can give you a rough estimate of what that type of car you want would cost each month. Some styles of vehicles (sports cars, etc) can cost a lot more than others.

This is a great way to ensure you can afford the vehicle you want. Sometimes people forget you have tags and insurance that go along with owning a car. You just need to make sure you have money in your budget and then you can sleep easier at night with your new car.

Saving Money on Canning Supplies

I learned the food preservation art of canning a few years ago and have been hooked ever since.

I love that I am able to put up our garden’s bounty for my family to enjoy throughout the year. However, I don’t love how expensive home canning supplies can be. Most home canners don’t think much about canning during the winter, or “off season” but January and February are actually perfect months to plan ahead and save money on supplies.

saving money on canning supplies

1. Never miss an opportunity to walk through the canning aisle.

Even on shopping trips that have nothing to do with canning at all, I always walk through the food preservation section. I have discovered unadvertised markdowns on pectin powder, jars, and lids. My best find ever happened last winter when I snagged several packets of my favorite salsa mix for less than half price. I made several batches of salsa last summer and I smiled every time I opened up one of those marked-down packages.

2. Talk with other home canners.

I love talking with others about their canning and learning any secrets they wish to share. Not only is it a great way to exchange ideas and recipes, it can be a great way to save money. I’ve been invited to pick apples and pears at one coworker’s over-producing orchard, and been gifted four large boxes of perfectly good canning jars from another coworker who was downsizing. Not paying a cent for apples and pears, and not buying dozens of jars, saved me well over $100 that year.

3. Think outside of the box.

Just like with most things, you can get creative with canning. For example, our local BBQ joint uses pint mason jars for drinking glasses and I found out they didn’t really have a use for the lids or rings. After a brief conversation with the kitchen manager, I had a large box of unused lids and rings in the back of my car. The restaurant was happy to have the box out of their storage room, and I was thrilled to have about 200 lids and rings that I didn’t have to pay for. Estate sales, yard sales, local Facebook buy-and-sell groups, and Craigslist can all be ways to find quality canning supplies for not much money, or even free.

I know it is cold outside now, and canning season seems so far away, but it will be here before we know it, and I want to be prepared when the first early produce becomes available.

If you’re a home canner, what do you do to save money on supplies? I’d love some more tips and tricks to share!

unnamed (1)