5 ways to do it yourself and save

Editor's note: This is a transcript of the audio file.

Everyone knows about the big do-it-yourself projects such as installing a backyard deck or changing the oil in their car. But, there are smaller and easier ways to save money by doing things yourself. I'm Clark Palmer with your Bankrate.com personal finance minute.

Cooking at home is much cheaper than going out to a restaurant. But you don't have to sacrifice quality. Use familiar, high-quality ingredients and stick with cooking techniques you already know.

If you need to replace a rug, you can make one yourself using carpet remnants. Sewing it may take a lot of time, but, in general, the savings from buying remnants from 99 cents to $9 will be worth it.

Other items that you can easily make yourself include cleaning supplies and shampoo. DIY author Diana Tenes saves hundreds of dollars per year by making her own shampoo, out of a mixture of baking soda and water.

And if you're looking for cheaper family entertainment, have family game night instead of going out. If board games get too boring, try making up games or starting a craft project as a family.

For more frugal spending tips, visit Bankrate.com. I'm Clark Palmer.