Slash Your Grocery Bill
There are several ways you can do this, one of which would be to only go shopping once a week, but if you do find it necessary to visit the grocery store more often then you should…
Cut Down On Impulse Buys
Before you go to the store make a list of what you need and no matter what happens don’t deviate! Also, some items should never be on your list, for example…
Rather than drinking bottled water, buy a filter for your faucet at home…or don’t even go that far, in most developed countries tap water is perfectly potable.
Eat In Season Produce
Out of season produce can cost anywhere from 20% to 50% more than when it’s in season.
Time Your Buys
You can save nearly 50% if you know the right time to buy what you need. The air conditioner? Buy it in January. The Grill? September. It all has to do with store inventories and whether or not the item is currently in demand.
This is a sure fire way to save you big bucks on gas, especially when you live in a congested city. If you don’t no anybody or are new in town there are several websites out there that can assist you in finding a ride.
Aggressive driving, rapid acceleration, and balancing your car on two wheels while driving through the desert will not only decrease your gas mileage but lead to more frequent vehicle repairs as well.
Observe The Speed Limit
Contrary to popular belief, the speed limit’s sole purpose is not to just prevent people from losing control of their vehicles, it also saves money. Generally speaking, for every 5 miles per hour that you drive above 60 miles per hour you are spending .24 dollars extra on every gallon of gas.
Keep Your Tires Inflated
By checking your tires once a week and keeping them properly inflated you can increase your car’s gas mileage by up to 3%.
Empty The Trunk
Make sure you’re not carrying around unnecessary weight. In small cars every extra 100 pounds can cut your gas mileage by up to 2%.
Buy Ink, Not Cartridges
Rather than buying completely new ink cartridges when your printer starts running low just get the ones you already have refilled.
Although in some cases the brand name product does provide some extra quality, for everything from batteries to pain relievers you’re best off going with the generic or store brand.
Work Out Cheap
Going anywhere from $30 per month to over $150 per month, if you have enough motivation you really don’t need a gym membership to stay in shape.
Split Your Pills
In some cases when you are taking medication over the long term it can be cheaper to buy your prescription at twice the potency and then split the pills in half. Of course, you’ll have to consult with your physician before doing this.
Drop Your Landline
Approximately 20% of households no longer have landlines and for good reason…unless you’re running a business out of your home it’s pretty much a waste of money.
Although for some of you it may come as a blow against your pride, those coupon savings add up in the long run.
Watch Your Fees
With credit card and overdraft fees reaching record highs it’s a good idea to keep tabs on your accounts so you don’t wind up spending more than you have to.
Pay In Cash
According to researchers at New York University you’ll pay 20% less by using paper instead of plastic.
Switch To Fluorescent Lights
Compared to their incandescent counterparts fluorescent lights use 75% less energy and last up to 10 times longer.
Wear A Jacket
Okay, so you don’t have to look like the guy in the picture, but if you live in a cooler climate you can save a lot of money by wearing layers indoors and leaving the heater off. In fact, for every degree you drop the temperature you’ll cut about 1% off your energy bill.
With mortgage rates much lower than they were before the housing crisis refinancing your home could end up saving you hundreds of dollars a month.
Move To A Smaller Home
Considering that home prices have pretty much bottomed out, moving into a smaller and cheaper house is another option for financially troubled home owners.
Do It Yourself
From fixing the toilet to cleaning the carpet you’ll find yourself paying as little as 10% of what you would normally pay someone else to do if you just take some time to figure out how to do it yourself.
By brown bagging your lunch, taking half of your restaurant portion home, and not eating out for dinner you can save a significant amount on food money over the course of a month.
Reduce Phantom Load
Also known as “standby power” or “vampire draw”, phantom load refers to the electricity used by appliances when they are turned off but still plugged in. By disconnecting them from the power source you can save a lot on your electric bill.