How Can Public Libraries Save You Money? (2024)

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“When in doubt, go to the library.” This quote from Harry Potter isn’t just good advice for someone who’s learning to live as a wizard.

The truth is everyone should spend more time at the library, especially if you’re looking to save some money.

Read on to explore several ways public libraries can save you money.

What Can You Do At The Library?

If you haven’t been to your library in a while, you will likely be surprised at what libraries have to offer.

Imagine a children’s museum, a cafe, a co-working space, a classroom, and so much more. Oh, and of course, it’s also like a bookstore but better (free is our favorite price!).

How Can Public Libraries Save You Money? (1)

Check Out The Typical (and Not So Typical!) Items

When you think of checking out items from a library, there’s no doubt you think of books.

You probably also know that you can check out CDs, DVDs, and audiobooks. But many public libraries are adding all sorts of fun and unexpected items to their circulation inventories.

Some other items you may be able to borrow from your library to save you money include:

  • Puppets
  • Puzzles
  • Board games
  • Wifi hotspots
  • E-readers
  • Cookware
  • Tote bags

Swing by the circulation desk at your library to ask for insight into what's available.

Use Databases and Online Resources

In addition to checking out physical items from the library, your card also grants you access to a host of digital tools.

With so many different newspapers, databases, and streaming services charging monthly or yearly subscriptions, the costs can add up. Using the library's tools can save you a healthy chunk of change.

Consider this: a membership to Consumer Reports can cost up to $10 a month. However, many libraries provide access to Consumer Reports for free as a perk for being a library cardholder.

Other databases and online resources your library might offer include:

  • Ancestry.com – Access over 4,000 databases to learn more about your family history
  • Bookflix – Pair fictional stories and nonfiction books help unlock learning
  • Brainfuse Help Now – Find online tutoring, collaboration spaces, and more
  • Family Search – Explore the largest genealogy database in the world
  • Find My Past – Unlock over 2 billion historical records dating back to 1790
  • Freegal – Grab access to over 9 million songs and tens of thousands of music videos
  • Hoonit – Get training on how to use various devices and software, including Adobe
  • Hoopla – Take movies, TV shows, music, audiobooks, and more wherever you go on your phone or another device
  • Mango Languages – Practice over 70 languages, including American Sign Language
  • Morning Star – Examine real-time data and analyses to make informed investing decisions
  • Overdrive – Borrow new releases and long-time favorites in ebook and audiobook form
  • Scholastic Go – Get homework help with nonfiction resources for elementary, middle, and high school students
  • Wall Street Journal – Access the world’s leading financial newspaper and its archives
  • World Book – Research with one of the most comprehensive reference databases

It is also worth noting that library patrons have a lot of sway when it comes to what resources libraries offer. If there’s a database or online resource you think would be beneficial, make sure you contact your local library.

Learn New Skills at the Library

Libraries are places of learning, and we’re not talking about independent study. Between Makerspaces and workshops, libraries are interactive, hands-on classrooms.

What’s a Makerspace? Makerspaces are popping up all over.

They are dedicated spaces designed to help creativity flourish. Some are high tech, some are no tech, and some are in between. Depending on the space, you might find everything from sewing machines to 3D printers.

In addition to offering dedicated Makerspaces and supplying them with the necessary equipment, some libraries also have Maker Kits that can be checked out.

That means you might be able to check out kits that include film equipment, bakeware, magnetic blocks, origami, and more.

In addition to Makerspaces, libraries offer all sorts of programming. Experts from various fields might run one-time seminars. Other libraries host book clubs, workouts, concerts, and more on a weekly basis.

This information is usually housed in print form, online, and posted on bulletin boards in libraries. Check out all those sources to save yourself money learning valuable (or just fun) new skills!

In addition to attending classes and workshops at your local library, you can also offer to host events.

This is a fantastic way to give back to your community (helping others save money!), and it’s also a terrific way to build a resume.

You may also be able to volunteer your time as a guest reader, event host, or even as a librarian’s assistant.

Some libraries also allow and even encourage tutoring, so it’s possible that you could use your library as a springboard for a side hustle.

Get and Give Support

Libraries have a pulse on the community. Because they are in a unique position to see not only a community’s interests, but their needs as well, libraries can offer unique support.

Some libraries partner with area school districts and organizations like No Hungry Kid to offer free lunches to kids during the summer months. Other libraries have community pantries where you can pick up items you need or donate to other families.

Your library might also run different initiatives like mitten trees or pajamas drives throughout the year.

Have Fun While Saving Money

If you think of a library as a stuffy place where someone runs around shushing people, you probably haven’t been to a library lately.

Of course, there are still reading rooms and quiet areas. But libraries are working hard to shed that stuffy image.

Libraries are planning all sorts of fun programming, from Oscar viewing parties to contests for summer reading.

Some libraries also have dedicated space for toddlers, kids, and teens. That means you might see everything from play kitchens and train tables to video game systems and board games…and crowds around them, of course!

How Can My Library Help Me Save Money?

Now that you have a better understanding of what you might find at your public library, let’s talk about all the ways your library can help you save money.

Borrow, Don’t Buy

There is a huge savings benefit to borrowing instead of buying. If you consider the fact that most books cost between $5-$20, some quick mental math reveals you can easily save hundreds of dollars a year.

Couple that with access to all sorts of other media and online tools, and families could easily access hundreds, if not thousands, of dollars worth of value for free.

In addition to putting some breathing room back into your budget, borrowing items comes with an added benefit: less clutter!

Of course, if you know your bookshelf won’t be complete without owning a copy of your new favorite read, buy it. But checking items out from libraries first are low-commitment ways to save money and reduce household clutter.

Reciprocal Library Cards

Libraries throughout the country often participate in reciprocal borrowing programs.

That means that although your primary residence determines your main library, you may also be able to get a reciprocal card to use at neighboring libraries.

Though reciprocal borrowers may not have the same privileges (it varies by the library!), it’s still one more way to gain access to lots of other resources at no cost.

Additionally, it’s important to remember that public libraries are open to everyone. So, even if you don’t have a library card, you are still welcome to come in, browse, read, study, work, and more.

Special Discounts

September is National Library Card Sign-Up Month. To celebrate, area businesses often run promotions. Instead of clipping coupons, you can show your library card to score percent-off or dollar-off deals.

You might also land some buy-one, get-one deals or even snag a few freebies!

To find out more, check the signage at your local library or visit their website in the weeks leading up to September.

As an added bonus, you might discover that businesses in your area run these promotions several times a year or year-round.

Final Thoughts on Public Libraries and Saving Money

There’s no doubt about it. You should go to the library.

From rainy day fun for the whole family and connecting your kids with others in the community to learning new skills and testing out new technology, your library is a world of adventure waiting to be explored.

The fact that your public library can save you money is just icing on the cake.

Article written by Penny

How Can Public Libraries Save You Money? (2)How Can Public Libraries Save You Money? (3)

How Can Public Libraries Save You Money? (2024)

FAQs

How Can Public Libraries Save You Money? ›

Some libraries often offer fun, free programming you'd pay money for elsewhere. Queens Public Library in New York offers workout classes ranging from yoga to tai chi to Zumba, saving patrons potentially hundreds of dollars in monthly class fees at a fitness studio. Libraries can also help you find a new hobby.

How do libraries help the economy? ›

Public libraries serve as incubators for small businesses and entrepreneurs, offering valuable resources such as business planning tools, market research databases, and networking opportunities.

How are public libraries beneficial? ›

Public libraries enhance children's reading skills, social skills, and literacy development, all of which can have lifelong impact on health. Libraries provide readings groups, story-hours, singing groups, crafts, and playtime to help parents and caregivers read to, and play and bond with their young children.

How can public libraries make money? ›

How are public libraries funded? US public libraries depend on funding to cover the expenses of their operations, mostly employee wages and library collection maintenance. Most of the budget comes from local, state, and federal government funding, while the rest comprises private donations, fees, fines, or grants.

Are libraries cost effective? ›

Public libraries are one of the most cost-effective investments around. The California State Library has collected studies and reports from around the world that show exactly how valuable an investment in libraries is.

How the library can save you money? ›

In some locations, you can borrow tools (saving a purchase at the hardware store), take free language classes and even get free tickets to local museums and attractions. The resources that your library has to offer will depend on its size and funding, which comes in part from taxpayer dollars and donor funds.

What are three benefits of using the library? ›

  • 1 They offer free educational resources to everyone. ...
  • 2 Libraries are safe refuges for the homeless and underserved populations. ...
  • 3 They help boost local economies. ...
  • 4 They play an important role in English language learning. ...
  • 5 Libraries make communities healthier. ...
  • 6 They preserve history, and more importantly, truth.

What are the 20 uses of a library? ›

Let's consider the library as a building, a set of services, a collection, and a place for activities.
  • Meet with friends. Libraries used to be strictly quiet places. ...
  • Use it as an office. ...
  • Keep cool in summer, warm in winter. ...
  • Drop the children off. ...
  • Ask a question. ...
  • Find a job. ...
  • Use a computer. ...
  • Use software.
Mar 15, 2016

How do libraries contribute to society? ›

Libraries are community hubs. They connect people to information and connect people to people. They are safe havens for kids, providing after-school homework help, games, and book clubs. They offer computer classes, allowing older adults to stay engaged in a digital world.

Are libraries necessary anymore? ›

Libraries have always provided a place to be, a place where people can gather, and a place where people can pursue information freely and without challenge. Even as the Internet has undercut the need for other sorts of physical spaces, this locational role of libraries continues to expand even as it is changing.

How do libraries raise money? ›

Many libraries also have ongoing book sales via a bookstore inside the library. Oftentimes these books have been donated, and can thus be sold for any price to make a profit.

Who funded the most libraries? ›

One of 19th-century industrialist Andrew Carnegie's many philanthropies, these libraries entertained and educated millions. Between 1886 and 1919, Carnegie's donations of more than $40 million paid for 1,679 new library buildings in communities large and small across America.

Are libraries still profitable? ›

In 2021, the estimated revenue generated by libraries and archives in the United States stood at 2.45 billion U.S. dollars. This marks an increase from the previous year, when the revenue amounted to 2.29 billion U.S. dollars. It also marks the highest revenue recorded during the examined period.

Do libraries get their books for free? ›

Public libraries purchase books from publishers or distributors. When they do that, authors then receive royalties from their publisher. The more copies a library buys from a publisher, the more royalties the author will earn!

Are public libraries funded by tax dollars? ›

Most public libraries are funded by local tax revenue. This is usually from a dedicated City or County fund source.

Are all libraries free in the US? ›

The truth is, part of what makes public libraries “public” is that they're supported by public funds. In fact, the average household in the United States pays approximately $7.50 per month for their library.

What are the economic factors affecting libraries? ›

Economic factors: Funding is a critical factor in providing library and information services. Economic factors such as budget cuts or reduced funding can impact the quality and quantity of services offered. Economic conditions can also impact the availability of resources and materials for the library.

How do libraries change the world? ›

Local-Level Innovation

Libraries have even adapted their resources to meet the needs of a modernized population, providing resources for local and world news, genealogy tracking, early and adult literacy, career development, information fluency, money and health decisions, immigration services, and more.

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