This year is all about saving money every day while trying to increase your income potential. If you did one thing each day that could save as little as $5 over the course of a year, you could have an extra $1800 in your pocket at the end of the year. Not all of these tips may apply to you, so to keep it fair, not all of them will apply to me.

These days chicken broth is required for so many recipes. It can also be expensive (particularly because I refuse to eat from a can. While I do occasionally purchase Pacific Foods Chicken Broth in bulk from Costco as a backup, I usually make own stock at home.

Chicken stock is still the easiest for me to make. Toss a whole chicken, or chicken carcass, into a large pot of water. I add garlic, salt, and pepper, but it’s not necessary. Boil until a broth. You may continue at a boil, reducing it to a true stock if you choose. Bonus tip: Need something to do with that awful turkey carcass from thanksgiving? Toss it in and let ‘er simmer.

Beef stock is the same as above, with one extra step. It is best to roast the bones, browning them slightly before boiling them. Since you’re not as likely to have a whole cow you plan on cooking at home, most butchers have bones you can use for stock if you ask.

I haven’t tried fish stock or vegetable stock. If I do, I’ll add those recipes. Not only does this make better soups, but keeping stock on hand can save quite a bit of money… and it freezes well.

365 Days of Saving Money: $1035 Annually (Running Total)