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Twenty Surefire Ways to Save Money in a Down Economy

writingteam11 — Wed, 26 Aug 2009 18:17:20 +0000

Economic downturns are never much fun, but as Adam Smith noted centuries ago, these cycles of paucity and plenty are a fact of life. Though no one can say for sure when this most recent slump will reverse, there are at least sure ways of saving your money in the meantime. Here are some penny-preserving ideas tailored to our 21st-century lives:

1. Plenty of people are in the habit of cutting out paper coupons, but even though many of us do part of our shopping on the Internet now, not as many of us seem to have learned to coupon-hunt on the Internet. Sites such as CouponCabin.com, CouponMountain.com, and DealofDay.com offer thousands of current offers at merchants all over the Web.

2. Use price-comparison websites such as Shopping.com, Pricegrabber.com, mySimon.com, and Google Product Search to find the best deals online.

3. When you’re at a store, send a text message to 46645 (Google’s number) and enter the letter “f” followed by the name of the item you’re considering. Google will reply with a text quoting its online prices. To compare prices at stores in your area, use ShopLocal.com.

4. If you don’t already belong to one, consider joining a warehouse club such as Costco or Sam’s and buying things in bulk. This can be especially helpful if you have a sizeable family.

5. Buy generic instead of brand-name products. A lot of the difference is usually in the marketing hype and not the products themselves, anyway.

6. Withdraw your money from surcharge-free ATMs, which can be found on AllpointNetwork.com and MoneyPass.com.

7. Buy locally-sourced food at farmer’s markets or stores that sell local produce and meat. Prices there are often lower because the food doesn’t have to be transported very far.

8. Shop at dollar stores. You should have an easy time finding them nearby since they’ve been turning up all over the place in the recent past.

9. Purchase discount prescription drugs at online pharmacies. You’ll often end up paying considerably less than half as much for the generic pills stocked by these discount prescription drug stores than you would for the same brand-name medicines at brick-and-mortar pharmacies.

10. If your car is seven or more years old and/or worth $2,500 or less, consider dropping comprehensive and collision from your insurance. Your deductible may be approaching the value of your car anyway, in which case a major collision would send your car to the junk yard and you to the dealership.

11. Keep cell-phone expenses under control. Today’s kids love to send text messages, so save yourself from unexpectedly high bills by paying the flat monthly fee for unlimited text messages.

12. Use online classifieds to find used items. Sites like CraigsList.org and Kijiji.com are excellent resources for finding everything you need, from vintage furniture to baby gear. By buying from locals, you can save on shipping costs as well.

13. Go to matinees. Matinee showings are usually more reasonably-priced than peak-time showings.

14. Install Power Planners (see www.energycsi.com/energysmart) to lower the electricity consumption of your electrical appliances.

15. For your next date, have a romantic picnic instead of going to a high-end restaurant. Pack a blanket and a cooler full of your favorite foods and you’ve got yourself an inexpensive rendezvous. Add some color with a bottle of wine.

16. Instead of paying for software, look for (legal) free software from places like Download.com and SourceForge.net. Depending on how you use a given type of program, the free alternatives will frequently be just as good as the commercial versions.

17. If anybody in your house is a student, get the Student Price Card from SPCLive.com. It’s only $8.50 and will get the holder 10% to 15% discounts in scores of participating stores.

18. Control your thermostat. Using a programmable thermostat to adjust the temperature will reduce energy usage when you’re sleeping and away. Prices range from $30 to $120, but you’ll cut your bill by 10% to 20%.

19. Consider quitting your health club. More economical options might include a gym at your work, in your building or community, or at a nearby park and rec. center.

20. Reduce your water bill by installing low-flow showerheads and $1 toilet displacement bags.

Twenty-Three Ways to Save Money in a Bad Economy

writingteam11 — Wed, 26 Aug 2009 12:34:17 +0000

Economic downturns aren’t ever much fun, but as Adam Smith noted over two centuries ago, these cycles of paucity and plenty are a fact of life. Although none of us can say for sure when this latest slump will reverse, there are at least sure ways of stretching your cash in the meantime. Here are some penny-preserving ideas tailored to our 21st-century lives:

1. Plenty of people are in the habit of cutting out paper coupons, but even though many of us do part of our shopping on the Internet now, not as many of us seem to have gotten into the habit of coupon-hunting on the Web. Sites such as CouponCabin.com, CouponMountain.com, and DealofDay.com offer thousands of current offers at retailers all across the Web.

2. Use price-comparison sites such as Shopping.com, Pricegrabber.com, Google Product Search, and mySimon.com to find the best deals online.

3. When you’re out at a brick-and-mortar store, send a text message to 46645 (Google’s text number) and enter the letter “f” and then the name of the item you’re interested in. Google will reply with a message quoting its online prices. To compare prices at stores in your area, visit ShopLocal.com.

4. If you don’t already belong to one, consider joining a warehouse club like Costco or Sam’s Club and buying things in bulk. This can be especially helpful if you have a sizeable family.

5. Buy generic instead of brand-name products. A lot of the difference is often in the marketing ballyhoo and not the product itself, anyway.

6. Withdraw your green from surcharge-free ATMs, which can be found on AllpointNetwork.com and MoneyPass.com.

7. Buy locally-grown food at farmer’s markets or stores that sell local produce. Prices are usually lower there because the food doesn’t have to be transported far.

8. Shop at dollar stores. You shouldn’t have a hard time finding one since they’ve been turning up all over the place recently.

9. Purchase discount prescription drugs from online pharmacies. You’ll often end up paying considerably less than half as much for the generic medications carried by these discount prescription drug stores than you would for the same brand-name medicines at brick-and-mortar pharmacies.

10. If your car is seven or more years old and/or worth $2,500 or less, consider dropping comprehensive and collision from your insurance. Your deductible may be approaching the worth of your vehicle anyway, in which case a major collision would send your car to the junk dealer and you to the dealership.

11. Keep cell-phone costs under control. Kids today love to send text messages, so save yourself from unexpectedly high bills by paying the flat monthly fee for unlimited text messaging.

12. Use online classifieds to find used items. Sites like CraigsList.org and Kijiji.com are great resources for finding everything you need, from used furniture to baby gear. By buying from locals, you can save on shipping costs as well.

13. Go to matinees. The matinee showing is often more reasonably-priced than peak-time showings.

14. Install Power Planners (see www.energycsi.com/energysmart) to lower the electricity usage of your electrical appliances.

15. For your next date, plan a romantic picnic instead of going to a high-end restaurant. Pack a blanket and a cooler full of your favorite foods and you’ve got yourself a low-cost rendezvous. Add some zest with a bottle of wine.

16. Instead of spending money on software, look for (legal) free software from websites like Download.com and SourceForge.net. Depending on how you use a given type of application, the free alternatives will often be just as good as the commercial versions.

17. If anybody in your house is a student, pick up the Student Price Card from SPCLive.com. It’s only $8.50 and will get the holder 10% to 15% off in scores of participating stores.

18. Control your thermostat. Using a programmable thermostat to adjust the temperature will reduce energy usage when you’re asleep and away from the house. Prices range from $30 to $120, but you’ll cut your bill by 10% to 20%.

19. Consider quitting your health club. More economical options may include a gym at your work, in your building or community, or at a nearby park and rec. center.

20. Cut your water bill by installing low-flow showerheads and $1 toilet displacement bags.

21. When you go out to eat, choose waiter-less restaurants where you order up front and pick up your own food. You’ll avoid having to pay a tip, and these types of restaurants often have more reasonable prices as well.

22. Buy used books. Major online book retailers offer a “buy it used” option, where you will often find books in like-new condition at substantial markdowns.

23. Have a friend or family member cut your hair. This works best for men and boys who like to keep their hair short and simple, because someone with no experience can do as good a job as a barber using a set of clippers. Professional clippers can be purchased in department stores for less than the price of some high-end haircuts.

Twenty-Four Simple Ways to Save Money in a Weak Economy

writingteam11 — Wed, 26 Aug 2009 12:34:15 +0000

Economic downturns aren’t ever especially fun, but as Adam Smith noted centuries ago, these cycles of paucity and plenty are a fact of life. Though no one can say for sure when this most recent slump will reverse, there are at least sure ways of sparing your wallet in the meantime. Here are some penny-preserving ideas tailored to our 21st-century lives:

1. Plenty of people are in the habit of cutting out paper coupons, but even though many of us do part of our shopping on the Web now, not as many of us seem to have gotten into the habit of coupon-hunting on the Internet. Sites such as CouponCabin.com, CouponMountain.com, and DealofDay.com offer thousands of current offers at merchants all over the Web.

2. Use price-comparison websites like Shopping.com, Pricegrabber.com, Google Product Search, and mySimon.com to find the best online deals.

3. When you’re at a store, send a text message to 46645 (Google’s number) and enter the letter “f” and then the name of the item you’re shopping for. Google will reply with a text quoting its online prices. To compare prices at stores in your area, visit ShopLocal.com.

4. If you don’t already belong to one, consider joining a warehouse club like Costco or Sam’s Club and buying things in bulk. This can be especially helpful if you have a sizeable family.

5. Buy generic instead of brand-name products. A lot of the difference is often in the marketing ballyhoo and not the products themselves, anyway.

6. Withdraw your green from surcharge-free ATMs, which can be found on AllpointNetwork.com and MoneyPass.com.

7. Buy locally-grown food at farmer’s markets or stores that sell local produce and meats. Prices are often lower there since the food doesn’t have to be transported far.

8. Shop at dollar stores. You shouldn’t have a hard time finding them nearby since they’ve been turning up all over the place recently.

9. Buy discount prescription drugs from online pharmacies. You’ll often end up paying less than half as much for the generic medicines stocked by these discount prescription drug stores than you would for the same brand-name medicines at brick-and-mortar pharmacies.

10. If your car is seven years old or older and/or worth $2,500 or less, consider dropping comprehensive and collision from your insurance. Your deductible may be nearing the worth of your car anyway, in which case a major collision would send your car to the junk yard and you to the dealership.

11. Keep cell-phone expenses under control. Kids today love to text message, so save yourself from unexpected high bills by paying the flat monthly fee for unlimited text messages.

12. Use online classifieds to buy used items. Sites like CraigsList.org and Kijiji.com are superb resources for finding everything you need, from used furniture to baby gear. By buying from locals, you can save on shipping costs as well.

13. Go to matinees. Matinee showings are usually more reasonably-priced than peak-time showings.

14. Install Power Planners (see www.energycsi.com/energysmart) to lower the power consumption of your electrical appliances.

15. For your next date, plan a romantic picnic instead of going to a high-end restaurant. Pack a blanket and a cooler full of your favorite foods and you’ve got yourself an inexpensive rendezvous. Spice it up a little with a bottle of vino.

16. Instead of paying for software, look for (legal) free software from sites like Download.com and SourceForge.net. Depending on how you use a given type of software, the free alternatives will often be just as good as the commercial versions.

17. If someone in your house is a student, pick up the Student Price Card from SPCLive.com. It’s only $8.50 and it will get the holder 10% to 15% discounts in scores of participating stores.

18. Control your thermostat. Using a programmable thermostat to adjust the temperature will reduce energy usage when you’re sleeping and away from the house. Prices range from $30 to $120, but you’ll reduce your bill by 10% to 20%.

19. Consider quitting your health club. Less expensive options may include a gym at your work, in your building or community, or at a nearby parks and recreation center.

20. Reduce your water bill by installing low-flow showerheads and $1 toilet displacement bags.

21. When you eat out, choose waiter-less restaurants where you order up front and pick up your own food. You’ll avoid having to pay a tip, and these types of restaurants often have more reasonable prices as well.

22. Buy used books. Major online book retailers offer a “buy it used” option, where you will often find books in like-new condition at substantial discounts.

23. Have a friend or family member cut your hair. This works best for men and boys who like to keep their hair short and uninvolved, because someone without experience can do as good a job as a barber using a set of clippers. Professional clippers are sold in department stores for less than the price of some high-end haircuts.

24. Swap babysitting responsibilities with other families. Instead of paying a teenager to talk on the phone, send your children to the neighbors’ place on your nights out and take their kids into your house for a few hours when they need some couple-time alone.