I am looking for any kind of money saving tips.?

Question

On trying to find any kind of money saving tips or ideas. Please help.......

Answer 1

Fill your gas tank in the morning (or when it's cool). Gas expands in hot weather and you don't get as much for your bucks. Keep tires properly inflated. If goin < 45 mph, don't use air conditioner. Open windows are more fuel efficient. If going >45 mph, a/c is more fuel efficient.

Shop the perimeter of the grocery store. Buy store brands. Most of them are made by major manufacturers anyway. Shop sales.

Unplug cords not in use, i.e., unplug your cellphone charger unless you are actually charging your cellphone. Take a look at your plan and see if there's any way to reduce that expense - get a lower-cost package if you don't need all those minutes anyway. Avoid text messaging.

Turn of lights and fans when leaving a room. Set air as high as you can stand it. Take brief showers. Repair any sink or toilet leaks.

Take the bus to work or car pool. Walk or ride a bike to the store to pick up one or two things. Plan meals in advance.

Answer 2

Sit down with your fiance and make 3 lists: first is the must have elements, second is things that are nice to have but you can skip them if you have to, and the last is things that are not important to you that you don't want to include. If you're on a tight budget, consider having a dessert reception or cake and coffee at a nonmeal time. Alcohol doesn't work with just sweets since the sugar makes the alcohol go into your bloodstream faster and people get drunk quicker. Unless you are having all exotic flowers, real flowers are cheaper than silks and you can get them inexpensively through a wholesaler either online or in person. Use candles or other decorations instead of flowers as centerpieces. If a full meal is a must have, ask your favorite restaurant if they will cater. Most are more than happy to do so and cost a fraction of the price of a regular wedding caterer.

Answer 3

Best way is to be aware of what you do spend your money on. Make a list of each thing and rate them as needs or wants. Decide which wants you can completely eliminate or at least reduce. Do keep the necessities under check as well. Reduce your heating/cooling expenses by making the house 1 degree different (up for AC and down for heating). Use the phone saving tips (dial the long number - i forget now- before calling long distance), keep conversations shorter where possible, use internet communications where able to instead.
Do make a goal for an amount you want to save or what you want to have paid off and when you reach that... take a small portion of it and reward yourself for reaching your goal.
I find an easy way to keep track of my savings or excess in my account is with a budgeting program.... CalendarBudget.com
Able to look forward and see that if I continue on the path of putting $20 in my savings account every week... at this future date I will then have $XX in my savings. So if you put any extra money in there ... you will reach that $$ faster

Answer 4

First thing is money wasting prevention.

Never use credit cards- if you can't pay for it with cash, you don't need it.

Own a car that you can buy- never finance a car.

Every time you get paid, pay yourself- meaning, put a little bit each paycheck into a savings account that accrues interest. An online bank called HSBC has a savings account that yields 5.05% interest on your balance. So, for every dollar you put in, they match you 5.05% of that.

Take advantage of a 401k- It's free money. Do it as soon as you can.

Give yourself a weekly budget and make sure you never go over the budget. In most cases, make it a challenge to yourself to stay under budget and whatever is left, put into the savings account.

The list goes on and on, hope this helps to start.

Answer 5

Good thing to start, and one of the ways I find this most rewarding is when I can SEE the savings--tangibly.
Example: giving up soft drinks with dinners out?
Then put the cash change or bills in a jar for what; you did NOT order, when you ordered the meal:
In the jar--$1.80!
giving up smoking?
Pop a $ fiver in the jar each time you THINK of getting pack of ciggs!
Ch-ching!
Do you see where I am going with this?
Choose off brands--no one will know you are in Tarrget underwear!!!
Silk Calvin Klein is for the models who photograph in it anyway!
Seeing the addition to one's savings really will reinforce the changing of habits, and help you a ton!
If you are are married, it can be done! Both of you work, live on one salary and bank the other for 7 years, and you will be able to pay cash for your first house!!!
But on another level--
If you pay a mortgage,fixed rate, and if it is 1000. 00 a month, you pay 500. on the 1st, and 500 on the 15th, it was due on the 18th, you have paid early AND rooked the mortgage company out of the interest on 500.00 of the payment! They call that something neat in the banking business , but I forgot what sort of amortization it is--sorry--there are all kinds of ways to save, and just practicing a few will help you in the long run! Good Luck!

Answer 6

best way to start saving money, is to stop spending money... write down all "out-going" money compared to "in-coming" money. Make sure you are not spending more than you are making... Put yourself on a budget... If you are in debt, don't create anymore... start paying off the highest interest debt first ( making minimum monthly payments, keep you in debt longer than necessary) if you can afford it throw larger chunks of money on any credit cards or high interest debt.

other then that check with your local credit union for great interest rates on deposit accounts...

Answer 7

Try keeping a "spending journal" for about a week. Write down every dollar you spend, where you spend it, and what you spend it on. This will help you pinpoint your spending habits. After a week, review this journal and analyze which of the spending was "necessary" (i.e. rent, utilities, gas, food, car payments, etc.) and which of it was for "pleasure" (i.e. eating out, going to movies or concerts, buying cds/dvds, etc). Once you've classified your spending habbits you should try to see how you can better control or budget them. Things like rent or car payments are going to be pretty much unavoidable, however you can always look into consolidating loans or taking on roommates to lower your rent. Gas for your car is unavoidable too, but you can always try to conserve (try car pooling or at least try to avoid going places for one specific item - make a to-do list and wait to run your errands until you have a number of things to do). As far as utilities go, try to conserve these as well (turn off lights, don't leave things running, don't spend forever in the shower, unplug anything unnecessary - remember, most everything, even if it's on "standby mode," uses electricity if it's plugged into a wall.) The items classified as "pleasure" are a lot easier to control/budget. Limit yourself to the number of meals you eat out. Cooking at home is always considerably cheaper than eating out. Also, watch the amount of beverages you buy. Pop and even bottled water can begin to add up. I usually try to keep a jug or pitcher of water in the refridgerator and brew my own tea (for whenever I need a change from water). If you must have pop, by the least expensive brand - they're sometimes half as expensive as the name brand. Also try to limit the number of movies you go see, rent, and buy. Renting is always cheaper than going to theaters or buying movies, but it can add up too. Try to borrow movies from friends or relatives, watch movies on TV, or sign up with NetFlix or Blockbuster online (this is usually cheaper than continuously going to a rental store). Once you have an accurate picture or where, what, how much you spend your money you can easily begin to develop a simple buget (I use Microsoft Excel. You can also use Quicken or even just a tab of paper). Your input would be any earnings you have from your job/any other sources of income. Your output would be anything you spend money on (both "necessary" and "pleasure"). Your input should always be greater than your output; however, the size of this margin is mostly up to you. The more you limit your spending, the more money you will begin to save, and once you have a sizable amount of savings you can begin to invest, but that's A WHOLE DIFFERENT STORY. I hope I have been of some help. Good luck!!

Answer 8

Get rid of your cable, if you smoke, stop, don't go out to dinner, clean your car of all clutter if you have one/and or take the bus, car pool to work, by lots of bonds, and coins. Buy things second hand, shop for things you need, not want. Don't buy more food than you eat. That kind of stuff.

Answer 9

Buy a Victorian Iron Chest!!
Put the money inside.
Lock it and throw the key to themes water.

Answer 10

Out of each paycheck, put 10 bucks in your savings and you will be surprised how fast it adds up!