I recently read a magazine article about saving more than you earn. It went through some basic ideas on how to save money, one of which was to “Get An Education.” They didn’t necessarily mean go to college, but to develop skills and educate yourself on ways that can help you save money. A few of their suggestions were to learn budgeting, computer skills, cooking and/or car maintenance. With the help of a book, internet tutorials, or a friend, you could acquire skills that will save you hundreds or thousands of dollars a year.
One skill that I acquired a few years ago, which I think falls into this category, was cutting my husband’s hair.
Before we got married, Philip went to the local hair school for his haircuts. Like most men who keep their hair short, he went in every 3-4 weeks for a cut. Although it was only $12 or so for a cut plus the tip, it added up pretty quickly when we were forking that over every three weeks.
When Philip suggested, only a few weeks after we got married, that I learn how to cut his hair so we could cut this expense out of our monthly budget, I quickly agreed. Yes, it took a few times for me to really get the hang of it, and yes, one time I put the wrong guard on and the haircut ended in tears (tears from me, not him), but after a few months, my skills improved, I figured out exactly what he liked, and was able to produce a great haircut almost 100% of the time.
Although saving roughly $150 a year on haircuts may not seem like a ton to you, this one skill has given me confidence to learn other skills that will save us money. And if I can learn five other skills that will save me $150 a year each, that will add up very quickly and suddenly I’ll have nearly $1000 per year of extra money that could go toward a vacation, or new clothes, or something way more awesome than a haircut.
So readers, do you cut your husband/children’s hair? What other skills do you have that help save you money?