Personal Finance

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What are your best tips to save money? (discuss.tchncs.de)

submitted 1 year ago by [email protected] to c/[email protected]

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Following the credit card thread, I've learned that some people use credit card points and miles to pay for hotels, that seems pretty interesting.

Children toys being second hands comes to mind too.

What are your ideas?

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[–] [email protected] 4 points 1 year ago

Learn to repair your own car, and when buying a car, estimate the cost of repairs over the remaining life of the vehicle.

I paid ~$10k for my car (Prius) when it had ~60k miles, and now it has ~140k miles after ~9 years, and I've paid ~$2k for repairs and maintenance. I do oil changes, replace spark plugs, brakes, and even replaced a coolant valve. It's not hard with YouTube at my side.

Had I taken it to the shop, I would've easily spent double that, perhaps triple. Had I bought new, I probably would've spent even more in depreciation (car was $25k new, so it would likely be <$10k by now).