4 Ways to Save Money This Labor Day Weekend

Girl eating corncob at table in backyard
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The holiday weekend is here and most people are probably thinking about relaxing, cookouts and generally making the most of the Labor Day break. However, this is also a good time to save some money if you know where to look.

Let's look at some of the seasonal deals and things that are cheaper now than they were a year ago.

1. Fill 'Er Up

Whether it's one last summer getaway or you want to drive out to visit friends and family, there will be less pain at the pump this time around. The average price for a gallon of gas across the country, according to rate tracker GasBuddy.com, has fallen to $2.46 from $3.44 a year ago. That's a pretty big markdown, and it's going to feel even better if you travel to the same place every Labor Day weekend.

It's true that gas prices are a bit higher since bottoming out at a little more than $2 earlier this year, but it's still a welcome year-over-year comparison this holiday weekend.

2. Draped in Jewelry

Labor Day isn't a romantic holiday, but if you've been waiting for the right time to snap up an engagement ring or any other form of jewelry, you'll have the long weekend to go shopping. The market prices for precious metals have been trending lower over the past year. An ounce of gold has shed more than 10 percent of its value since Labor Day last year, according to commodity watcher GoldPrice.org. If you're settling for silver, that metal has seen its cost plunge by a quarter of its value over the past year.

3. Bargains on the Menu

Restaurants tend to be busier than usual during holiday weekends, but that doesn't mean that they're skimping on deals. Several websites including RetailMeNot (SALE) and EatDrinkDeals.com have many Labor Day coupons and coupon codes to consider.

Some of the coupons available at EatDrinkDeals include a BOGO burger offer at Jack in the Box (JACK), a 25 percent discount at Boston Market for Labor Day and a $5-off coupon at Olive Garden. It's good to check the coupon aggregators, because sometimes eateries don't prominently feature coupon-based promotions on their own websites.

4. Make the Most of the Gig Economy

One of the biggest trends of 2015 is what is being called the gig economy, with folks using their cars to make money on the side by delivering food and groceries or transporting people. With so many players trying to get noticed, there are some pretty nifty deals being doled out to first-time customers.

Amazon's (AMZN) Prime Now is the leading online retailer's bold push to deliver locally available merchandise to your door within two hours if you're an Amazon Prime member. If it's available where you live -- and you haven't tried it -- Amazon is currently offering $20 off a $50 order with the code TRYITNOW. It's been billed as a "limited time offer" this summer, and you never know when it's going to end. Uber, Lyft and the many food delivery specialists also tend to offer big deals the first time you use them.

Motley Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool owns and recommends Amazon.com and RetailMeNot. Try any of our Foolish newsletter services free for 30 days. Looking for a winner for your portfolio? Check out The Motley Fool's one great stock to buy for 2015 and beyond.
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