(Photo via: Frankie Magazine)

  1. Buy your yarn at thrift stores. Although this idea can be objected by “yarn snobs,” this is a good way to find yarn for the cheap. You might not find 100% wool, name-brand yarn, but you might find the little gem you may need. (Hello non-barf-green yarn, I’m looking at you!)
  2. Don’t use expensive name-brand yarn. There’s name-brands in everything today, even yarn. You’ll find that name-brand yarn, along with normally being super-high quality, comes with a hefty price tag. You can find equivalents of name-brands in the cheaper yarns, even if it takes a washing or two to soften.
  3. Don’t always buy brand new needles. Something I see some knitters do is buy a pair of needles every time they have a new project. This equals hundreds of needles that might not be used. If you have one set of size 8 dpns, and they are being used, but you need them for another project, just finish the project that the needles are being used for before you buy another pair.
  4. Make your yarn last. Instead of doing itty-bitty meaningless projects that barely equal to an 1/8th ball of yarn (which can make or break a project!) skip them to do bigger projects that will last longer. It’ll provide more satisfaction to have a project on your hands instead of starting one every ten minutes. Plus, bigger projects like sweaters, blankets, hats, and mittens have a tendency to be used.
  5. Save your scrap yarn. It sounds a little silly, but save your scrap yarn. If you have ten yards of yarn left, or even just a yard, save it! You can use shorter lengths for sewing things onto other projects. Longer scraps can be used to do a scrappy scarf made with all sorts of colors!
  6. Be careful with your yarn. Being careful with your yarn is important. If your cat/dog somehow manages to break that awesome striping yarn, it could be yards and yards until you have the perfect join again.
  7. Watch where you buy your yarn. Sometimes, one craft store may mark up (or down) a ball of yarn compared to other stores. A $1 less here compared to a $1 more here can make a big difference. Make sure that you add in gas prices to get to said store, too. The further you drive to buy the $1 dollar less ball of yarn may not be as worth it as you thought!
  8. Stick with plain yarn. I’ve noticed that generally plain yarn is less expensive. It takes less work to make a one-color yarn than it is to make self-striping yarn. As awesome as self-striping is, you can always embellish plain yarn to your tastes.