Save Money By Making Old Things New Again

Friday, March 11, 2016, 6:00 AM | Leave Comment

We live in a “Buy, buy buy!” economy (in fact, many people have become addicted to shopping because of it). Unfortunately, it is costly to live up to the expectation of buying new things every year. Too many people are enticed by the seductive lure of the credit card, and find themselves deep in debt.

The best way to save money is to use what you own. Luckily, there are ways to make old things new, and save money while doing so! Take on a DIY project or two to re-vamp your life.

Below are eight simple ways to save money by reviving things that you currently own. You might also learn some new skills along the way.

    Save Money By Making Old Things New Again

  1. Repair

    Instead of throwing out something old, you should try to repair it. You can fix torn jeans, broken zippers, broken eyeglasses, leaky pipes, and more.

    Do a quick google search for the broken item to find a quick fix. Make sure that your item is clean before attempting any repairs, and sand or polish the item as necessary.

    Sometimes a good, deep clean is sometimes all that you need to make something new again.

  2. Refurbish

    An easy way to save money is to buy refurbished electronics. Refurbished products are products that were returned to the manufacturer for one reason or another.

    The manufacturer looks over it, fixes any problems, and then puts it back on the market. As such, they tend to be less expensive than something that was brand new. To give you an idea of how much you can save, a brand new iPhone 6s currently costs $6850, but a refurbished iPhone 6s plus can cost as little as $500.

    There are also electronics repair shops that you can take a broken phone or tablet to fix it up instead of buying a new one. They can do anything from fixing a broken charging port to replacing a shattered screen.

  3. Repaint

    Repainting old furniture or walls can make any place seem brand new. You can re-paint nearly anything: old cabinets, bookcases, chairs, doors, dressers, benches, floors, etc.

    Make sure that you properly prep the area beforehand, so that the paint will last. Remove any previous coats of paint, sand as necessary, and prepare the workspace so that you don’t accidentally paint anything that you don’t intend to. Make sure to use a nice primer to save you time and effort while painting.

    If you have something metal, you can always powder coat it to give it a durable yet brand new appearance.

  4. tools and accessories for home renovation

  5. Reupholster

    Craigslist and thrift stores are full of ugly, yet ridiculously cheap furniture. However, you can make hideous and old furniture brand new by reupholstering it.

    Online tutorials claim that reupholstering furniture is easier than it seems, as each section is individually attached to the furniture, rather than needing to pattern and sew one large slip-cover like piece.

    Just remember to be wise when you choose fabric as you can quickly run up your costs by purchasing luxury fabric. Check your local fabric store for choices, and try to save money by couponing.

    Old furniture is typically sturdier than new furniture, so your reupholstered couch will not only save you money now, but in the future as you will not need to buy a new couch for years to come.

  6. Recycle

    Instead of throwing out your glass bottles and aluminum cans, take them to a local recycling plant. You might be able to get cash for them (depending on what state you live in).

    You can also recycle or sell scrap metal that you have around the house like old plumbing pipes, old door handles, etc. Selling your old electronics and clothes for cash can also be a way to make money.

    If you can’t find anywhere local that will take them, search the internet for places that will buy used clothing, electronics, or recycling.

  7. flowers hanging in mason jar

  8. Reuse

    Instead of throwing things out, and buying something new, reuse it instead. Find a way to repurpose your things.

    For example, you can use old t-shirts as rags, old drawers can become toilet paper holders, mason jars can become chic flower pots, etc.

    Pinterest is your best friend when it comes to reusing household items. There are plenty of creative crafts on the site that you can take on to spruce up your home using items you already own.

    Remember that you should also re-use food whenever possible. Save your leftovers and eat them the next day, or freeze them for future use.

  9. Preserve

    Take care of your belongings so that they do not become ruined, broken, or lost. Find ways to prolong the life of the things you currently own by taking good care of them.

    For example, if you take good care of your cell phone (buying it a good case, being careful not to drop it, installing a quality screen protector, etc.) it will last longer, and you won’t have to fork out hundreds of dollars to purchase a new one.

    Learn how to be gentle with your furniture, dishes, etc. so that they will last longer.

  10. Resolve

    Maybe it is not the things in your life that need to change, rather, your mindset. Resolve to change the way you view money and strive to be more frugal. Set small goals that you can accomplish, rather than unreachable.

    For more tips and tricks on keeping your resolutions, check out this blog.

This article is written By: Darci Maxwell

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