How Libraries Can Save You Hundreds (Yes, Really)
How Libraries Can Save You Hundreds (Yes, Really)
Libraries offer far more than just books—they provide free access to resources, entertainment, and services that can help you save hundreds of dollars annually. From borrowing movies and music to accessing online courses and tools, libraries are an underutilized financial gem waiting to be explored.
Introduction
When you think about saving money, libraries might not be the first place that comes to mind. In an age of streaming services, e-books, and online subscriptions, it’s easy to overlook the wealth of resources your local library offers. But the truth is, libraries can be a powerful tool for cutting costs across many areas of your life. Whether you’re looking to reduce entertainment expenses, advance your education, or even handle basic financial tasks, your library can help you do it for free.
This article dives deep into how libraries can save you hundreds of dollars each year. You’ll discover practical strategies, real-life examples, and actionable tips that will transform the way you think about and use these community hubs. Ready to unlock the hidden potential of your library card? Let’s get started.
1. Cut Entertainment Costs Without Sacrificing Quality
Entertainment is often one of the biggest budget busters in a household. Between streaming subscriptions, movie tickets, and buying books or music, the expenses add up quickly. Fortunately, libraries offer a treasure trove of entertainment options that can drastically reduce your spending.
Borrowing Books, Movies, and Music
First and foremost, libraries provide free access to an extensive collection of physical and digital books, DVDs, and CDs. Instead of spending $10–$15 on a new hardcover book or $20 on a Blu-ray movie, you can check these out for free. Many libraries now offer access to streaming services like Kanopy or Hoopla, where you can watch movies, documentaries, and listen to music without paying a dime.
Digital Resources for Streaming and Reading
If you prefer digital access, your library likely partners with platforms such as OverDrive or Libby. These apps allow you to borrow eBooks and audiobooks directly to your smartphone, tablet, or e-reader—no need to visit the library physically. This can save you the cost of purchasing digital books or audiobooks, which often run $10–$30 each.
Example: Annual Entertainment Savings
Imagine you spend $15/month on books and movies. By making use of your library’s offerings, you could save $180 a year without missing out on any entertainment. That’s just one category; when combined with other library services, the savings multiply quickly.
2. Access Free Educational Resources and Skill-Building Tools
Libraries are invaluable for anyone looking to learn new skills or polish existing ones without incurring the cost of expensive courses or certifications.
Online Courses and Workshops
Many libraries provide free access to platforms like Lynda.com (now LinkedIn Learning), Coursera, or other educational sites through their membership. This access means you can learn everything from coding and graphic design to business skills and language learning—often a privilege reserved for paid subscribers.
In-Person Workshops and Tutoring
Libraries frequently host workshops, seminars, and tutoring sessions on topics like financial literacy, resume building, computer skills, and more. These sessions are often free or low-cost, saving you the fees you might pay for private classes or coaching.
Example: Saving on Skill Development
Professional development courses can range from $100 to several hundred dollars each. By attending library-sponsored workshops or using free online courses through your library, you could easily save over $300 per year while enhancing your career prospects.
3. Save on Technology and Office Resources
Technology expenses can unexpectedly drain your budget, especially when you need to print documents, use a computer, or access high-speed internet.
Free Computer and Internet Access
If you don’t have reliable internet at home or need a computer for job applications, research, or personal projects, libraries provide free, high-speed internet access and computers. This can save you the cost of upgrading your home internet or purchasing a computer for intermittent use.
Printing, Scanning, and Faxing Services
Printing at home often costs around 10 cents per page, plus ink and paper expenses. Libraries offer low-cost or even free printing, copying, scanning, and faxing services. This is especially useful for students, job seekers, or small business owners needing to handle paperwork without investing in office equipment.
Example: Reducing Tech and Office Expenses
If you print 50 pages per month at 10 cents each, that’s $5 monthly or $60 annually. Add occasional faxing or scanning needs, and the annual savings could reach $100 or more. Pair this with free computer use, and the tech savings become substantial.
4. Borrow Practical Items Beyond Books
Many people don’t realize that modern libraries have expanded their collections beyond just books and media. You can borrow tools, technology, and other practical items that save you money on purchases or rentals.
Tool and Equipment Lending
Some libraries lend out tools like drills, saws, gardening equipment, or even kitchen appliances. This means you don’t have to buy expensive tools for one-time projects, saving potentially hundreds of dollars.
Technology Lending
Libraries may loan out Wi-Fi hotspots, tablets, or laptops, providing you with technology access without any upfront cost. This is perfect for remote work, travel, or situations where borrowing is more feasible than purchasing.
Example: Avoiding Tool and Tech Purchases
If you needed a drill for a weekend project, purchasing one might cost $50–$100. Borrowing it from your library for free or a nominal fee saves you that entire amount. Over a year, borrowing multiple items could easily save you $200 or more.
5. Financial Literacy and Legal Assistance at No Cost
Handling financial matters and legal questions can get expensive if you pay for professional advice. Libraries often host programs and provide resources that can help you navigate these areas for free.
Free Financial Counseling and Tax Help
During tax season, many libraries partner with organizations offering free tax preparation help for eligible individuals. Additionally, they provide books, guides, and online resources on budgeting, investing, and saving money.
Legal Aid Clinics and Resources
Some libraries hold legal aid clinics or provide access to legal databases, helping you address common legal issues without immediately resorting to costly consultations.
Example: Saving on Professional Services
Tax preparation for a basic return can cost $150–$300, while a legal consultation may range from $100 to $300 per hour. By leveraging free library services, you can save hundreds annually while still getting reliable advice and information.
Practical Examples: Real Scenarios with Specific Numbers
To see the full impact of library savings, consider these everyday examples:
- Entertainment: John loves audiobooks and typically spends $25/month on subscriptions and purchases. Using his library’s access to Libby and Hoopla, he now pays nothing, saving $300 a year.
- Education: Sarah wanted to learn web design but couldn’t afford classes. She accessed free LinkedIn Learning courses through her library and landed a freelance gig, saving over $400 on tuition.
- Technology: Mike needed to print resumes and cover letters for job applications. Using the library’s free printing, he saved approximately $75 over six months compared to printing at home.
- Tools: Lisa borrowed a power washer from the library instead of renting or buying, saving an estimated $120 for a single project.
- Financial Help: David used free tax preparation assistance offered at his library and avoided paying $200 for a tax preparer, plus learned budgeting skills to improve his savings.
Conclusion
Libraries are often overlooked as a money-saving resource, yet they offer countless opportunities to reduce expenses and improve your financial health. From entertainment and education to technology access and professional help, the benefits are tangible and significant. By maximizing your library’s offerings, you can easily save hundreds of dollars each year without sacrificing quality or convenience.
Action Steps:
- Get a library card if you don’t already have one—signing up is usually free and quick.
- Explore your library’s website and discover digital resources like eBooks, audiobooks, and streaming services.
- Check the calendar for workshops, classes, and events that can boost your skills or financial knowledge.
- Ask about borrowing tools, technology, and office resources for your projects and needs.
- Utilize free tax preparation and legal resources offered seasonally or regularly.
Don’t let this valuable community resource go underused—your local library can be a cornerstone of your financial wellness strategy.
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