15 Best Ways To Build Wealth In October (+ Free Savings Tracker)
This series helps you take advantage of the seasonal changes throughout the year. Use the unique opportunities in the month of October to build wealth faster than ever before.
And don’t miss the free October savings tracker to keep you motivated.
Explore ways to save, make money, and track your progress all month long!
10 Best Ways to Save in October
First, here are the best ways to keep more money in your pocket this month!
1. October is the best time to buy:
- Tires
- Jeans and fall clothing (take advantage of sales as retailers clear out for winter apparel)
- Appliances
2. Save on Energy: As the weather cools, open your windows for natural ventilation. Take time to check and service HVAC systems and change out filters before winter for better efficiency.
Pro Tip: Use weatherstripping or caulking to seal drafts in doors and windows before winter.
3. Save on Entertainment: October is a beautiful time of year in many areas. Take advantage of free festivals, fairs, outdoor activities, and parks. Plan an outdoor hiking or fishing weekend getaway or staycation.
Related: 15 Best No Spend Weekend Ideas
4. Home Repairs and Upgrades: Finish your house projects before the weather turns cold. Take advantage of discounts on home improvement items and appliances as stores clear out inventory for the holiday season.
Pro Tip: Disconnect outdoor hoses and clean out gutters now to avoid costly leaks and damage during the winter.
5. Maximize Credit Card Rewards: Redeem your credit card rewards for gift cards, groceries, or dining credits. Use these savings to offset holiday gifts, gatherings, and travel expenses.
6. Save on Halloween Decor: Purchase decorations (and candy) at discounted prices right before and right after Halloween. Or make your own decorations using craft supplies, recycled materials, and natural items like pumpkins and leaves.
See more great money saving tips for Halloween >>
7. Make Halloween Costumes More Affordable:
- DIY and use everyday clothing and accessories, or repurpose old costumes.
- Shop at thrift stores to find unique items at a fraction of the cost.
- Organize a costume swap with friends or neighbors.
- Check out dollar stores for affordable decorations and costume accessories.
8. Upgrade and Utilize Cheaper Transportation: Take advantage of cooler weather and stay healthy by biking or walking more. Look for discounted outdoor equipment and gear as the season changes.
9. Plan Meals with Seasonal Produce: Autumn offers a variety of fruits and vegetables. Eating seasonal produce can be more cost-effective, allowing families to save on grocery bills. (A rotating meal plan can be a lifesaver for busy fall weeks.)
- Apples: Versatile for baking or snacking
- Pumpkins: Great for soups, pies, and decorations
- Sweet Potatoes: Nutritious and filling
Pro Tip: When visiting a pumpkin patch, pay for the entry fee to enjoy the activities and support the farmer, but consider buying most of your pumpkins at the store instead to save money.
10. Start Planning for the Holidays. Start budgeting and buying gifts early to avoid the holiday rush and take advantage of early sales.
- Start saving with the free Christmas saving challenge!
- Open a holiday fund.
- Make homemade gifts to save money and add a personal touch.
- Create a detailed plan and budget for holiday gatherings.
- Purchase smaller gift items for teachers and neighbors in bulk to reduce costs.
5 Valuable Ways to Make Money in October
Next, these ideas are for bringing in more income this month.
1. Seasonal Jobs: Look for temporary positions in retail, hospitality, or event staffing, around Halloween and upcoming holiday events.
2. Sell Used Items: Fall is a great time to declutter your house. Sell unused or gently used items like clothes, electronics, and furniture on platforms like eBay, Craigslist, or Facebook Marketplace.
3. Yard Work and Outdoor Holiday Prep: Offer services like leaf raking, garden cleanup, and cleaning out gutters. Many homeowners also start seeking help for hanging Christmas lights in late October!
These are great ideas for kids and teens to earn extra income too.
4. Online Courses and Webinars: Create and sell online courses or webinars on subjects you are knowledgeable about. Fall is a popular time for people to seek new learning opportunities.
5. Photography Services: Offer family photo sessions for holiday cards or school photos. Fall provides beautiful backdrops for outdoor photography.
Free Printable October Savings Tracker
Now, grab the October Savings Tracker and get saving! To use it…
- Set a goal.
- Then, write the amount you save in the circles.
- Write your total at the end of the month and feel proud about how much you saved towards your savings goal!
What’s Next?
Next, become a part of the Wealthy Woman community and receive my best tips for wealth-building. Start now!
