The 6 Best Ways to Save Money this November

With holidays around the corner you might want to take the time to squirrel away some extra dollars now so you’re not hit with a huge bill in the New Year.

For those watching their budget, November is a surprisingly good time to save some funds.

Without any major holidays to prepare for, you don’t need to worry about travel expenses or last-minute Halloween costumes to buy. Nevertheless, with the holiday season right around the corner, you might want to take the time to squirrel away some extra dollars now so you’re not hit with a huge bill in the New Year.

Here are six great ways to save money in Toronto this November.

Take advantage of post-Halloween sales

With Halloween over, grocery stores will be looking to offload all of those pumpkins and you can reap the benefits. Look out for deep discounts on fall vegetables like pumpkins, sweet potatoes, and squash. Additionally, Halloween-related items will be on clearance so take the opportunity to stock up on Halloween decor and candy (which you can use for holiday baking — or for eating, we don’t judge).

Winterize your home and car

As the saying goes, ‘an ounce of prevention is worth a pound of cure.’ If you start winterizing your home and car now, you could prevent the steep expenses of last-minute emergency mechanic visits or home repairs. Some things to add to your to-do list include changing furnace filters, turning your water heater down, and checking the belts and hoses on your car.

Keep an eye on warehouse and sample sales 

October and November are big months for warehouse and sample sales, meaning there is definitely no shortage of deals to be had. This month you can find warehouse sales from TOMS, Esprit, Haight & Ashbury, and many more, all with savings of up to 90% off. It’s the perfect time to holiday shop for less. Check out a list of the best sales happening this month here.

Participate in “No Spend November”

While this may seem somewhat extreme, this saving challenge has been making the internet rounds for a few years now. While you will need to spend some money, the challenge is that you will only be paying for the essentials for a whole month. That means no dinners out or ordering in – only rent, bills, groceries, etc. The challenge also involves finding ways to make extra money so you don’t have to spend your take-home pay for the month. You can learn more about it here.

Check out holiday flea markets

When it comes to finding the perfect gift, there are a lot of extra costs to that many people don’t consider; whether it’s the gas spent driving all over the city for different items or paying high shipping fees for last-minute presents. Instead of spending your hard-earned cash at the big box stores, try hitting up a local flea market like the Trinity Bellwoods Flea or the Gladstone Flea Holiday Market. These one-stop shops will save you time and money – plus you’ll be supporting local businesses!

Trade late nights at bars for early morning adventures

Autumn is undoubtedly the most beautiful time of year to get outside. Let crisp air fill your lungs while you explore everything that nature has to offer. There are plenty of incredible hiking trails within hours of the city where you can get in some steps and take in the changing colours of fall. Best part yet? Hiking is free!

Do you have any other suggestions of how to save money this November? Share them in the comment section.

Featured Image: Dundas Falls via Instagram/@janessacrimi

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