8 Ways to Save Money

Want to save more money in your everyday life? Then you've come to the right place! Here you will learn simple tricks to save money and even do something good for the environment.

1. DIY gifts (painting, crafting, drawing)

You can save a lot of money by making things yourself. This can be anything from gifts, decorative items, furniture to children's toys and household cleaners. A nice side effect is that the things are much more personal, natural and therefore healthier and on top of that you can even save waste.

2. Buy second-hand (books, clothes, machines)

Whether buying second-hand at a flea market, online platforms or a second-hand shop, it is quite easy and also cheaper than investing in a new product. There are plenty of things that are in very good condition. You can find not only unique clothes, but also leisure items, electronics, furniture and much more...

3. Minimalist lifestyle aka. "Do I really need this?"

With any purchase that would cost you a little more money, you should think about whether you really need it. Especially with items of clothing, you should consider whether you will wear it often. But the same applies to all other investments. - How often will I use a SUP? Wouldn't it be better to borrow it? Is the new piece of furniture timeless enough to still appeal to me in 10 years?

This not only saves you money, but also prevents spontaneous bad purchases.

4. Rethink means of transport (public transport, bicycle or sharing).

We all know that our transport is in a state of flux and everyone should consider how they want to get from A to B in the future - this is not only about the climate, but also about the costs. It is often cheaper to travel by train than by car. Perhaps in the future you won't need a car in the city, because there are now more and more car-sharing services. Cycling is also a cheap alternative and you even get some exercise! In Hamburg, you can rent a bike almost anywhere in the city with [StadtRAD](https://stadtrad.hamburg.de/de/registrieren), ride your bike for 30 minutes a day for free and then leave the rented bike at a station. Have you already had experience with this? Tell us about it on [Instagram](https://www.instagram.com/fainin_sharing/)!

5. Avoid disposable products

Especially when it comes to the things we use every day, we should identify throwaway items. Because there are often long-lasting alternatives that are a little more expensive to buy, but can save cash in the long run. For example, we should consider investing in a razor instead of constantly having to buy new blades. And for the ladies among us: There are now some good alternatives to tampons and pads, such as period underwear or the menstrual cup.

6. Meeting at home, eating, celebrating

As nice as it is to go out and eat, it is quite expensive in the long run. Alternatively, you can organise a joint cooking evening at home or maybe even a flat-sharing party. Everyone brings something and the evening is saved!

7. Conscious lifestyle

Of course, you can always shop on sale in supermarkets. However, there are a few more aspects to look out for. 1. seasonal and regional fruit and vegetables are often cheaper than others. 2. it is worthwhile to go for the house brands, as they are usually produced in the same way as brand-name products. 3. it doesn't hurt to eat less meat and fish, because not only your wallet is happy, but also Mother Earth and your health.

8. Sharing, lending, renting with each other

Borrowing things instead of buying them makes sense for so many items. Especially if it's something you don't need often anyway, like tools. Why not just share it with the neighbourhood. And it works the other way around too: you can even earn money yourself by lending out unused things or maybe renting out your room when you're not at home.There are no limits when it comes to sharing: lend anything you need and rent anything you want. From tools to leisure items, Fainin will make it easy for you to share with your neighbours.

Do you have any tips for saving money? :)

Then check us out on Instagram, Twitter or Facebook and let us know! We look forward to hearing from you - also by email at contact@fainin.com.