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How I’ve saved $10,000 by making this one change to my budget

money
  • Leanne visits her local library to borrow books she wants to read
  • She has saved $10,474 in the process by not purchasing new copies

A woman has revealed how she’s saved more than $10,000 by visiting a library instead of buying novels from a bookstore.

Leanne, from Alabama, is an avid reader but could no longer afford the extra cost of purchasing so many books.

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The bookworm then started borrowing books from the library and e-library every time she was in the mood for a new read – and has saved thousands in the process. She’s one of many including one woman who has saved $7,000 this year already.

Her local library kept track of how much she has saved since she started using the service, and updates the number whenever Leanne borrows another book.

Purchasing new books in Australia can be expensive, as the typical book costs between $25-$45. 

Leanne shared her budget tip on a popular online forum for book lovers and encouraged others to visit their local libraries.

‘Wow! I love that my library keeps records of borrowed books and how much I save,’ she said.

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The woman revealed that she still bought some books, but was saving a fortune on her hobby.

She posted a photo of the email her library sent her with the data. 

‘You just saved $28 by using your library. You have saved $894.74 ($1,138.10 AUD) this past year and $7,003.89 ($10,474.46 AUD) since you began using the library,’ it said.

In New South Wales, residents can sign up for a free Library Card from the State Library online or in-person.

The card lets holders request books and other collection material to use in the Library, and access an extensive range of e-resources such as online journals, newspapers, magazines and e-books.

NSW residents can also use the e-resources remotely.

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Many other readers were in awe of the library’s excellent feature and wanted to start tracking their own savings.

‘That’s such a great service, I need to ask my library about this,’ a woman said.

‘I’ve checked out over 100 books in the last year – I wonder how much I saved!’ another wrote. 

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