Comments on: 55 Money Saving Tips (Your Wallet Will Thank You)

By: Calico38863

Calico38863 — Wed, 11 May 2011 07:49:43 +0000

I have always been told that if I have an item that has not been used regularly then either toss it, donate it, sell it in a yard sale or throw it away.
If you have summer clothes you did not wear at all last year, then get rid of it. The same goes for winter clothes, if it wasn’t used last winter then get rid of it. If you can go one whole season and not use that item then it isn’t something you adore and can’t live without.
The same rule goes for shoes, purses, coats, gloves, etc.
Good luck on your cleaning.

By: Cherry

Cherry — Tue, 15 Mar 2011 17:27:32 +0000

My hubby & I are both now disability retired, with a few medical expenses, and we have to have a maid come once every 2 wks for the housecleaning, and a handyman for the yard & misc repairs around the house….That runs around $300 a month, sometimes a little more depending on the weather, etc, out of our pensions, but don’t know any other way to cut that expense down??? We pretty much do the rest of the things already submitted by others….any ideas???

By: Jennifer Miller

Jennifer Miller — Thu, 27 Jan 2011 08:33:47 +0000

I like to read articles about money saving tips. These post is very useful and I will share it to my friends.

By: JeffB

JeffB — Mon, 18 Oct 2010 04:16:05 +0000

Ben,

Your best bet when ‘buying in bulk’ is to go in with a friend or two for things like huge packages of toilet paper, paper towels, vegetables and anything else that one might find in the common household and then splitting the bill by the number of participants. I do this with all of my family members and we save a huge amount of money. Best of all, if I don’t save at least the cost of my Costco membership, they mail me a check for whatever amount it cost me above my savings for that year. So if, in total, I paid $50 for my membership during the year but I only saved $35, Costco, at the end of the year cuts me a check for the additional $15 that I didn’t save by shopping at Costco. It works out to be a great deal for everyone, provided they can all agree on which products they like best or are willing to use.

By: Jennifer

Jennifer — Thu, 22 Jul 2010 17:08:23 +0000

to Alex: re: #32: Some people pay their escrow money (for property taxes and/or insurance) to their bank – it’s included with the monthly mortgage payment. Then the bank pays those bills on your behalf. If your bank doesn’t require you to do that, you can take that money and instead pay it into your own savings account until those bills are actually due – that way you’ll earn a little interest on your money throughout the year. You would then pay the those bills yourself when they come due.

By: alex

alex — Wed, 21 Jul 2010 20:21:11 +0000

What’s #32. I did not get it.

By: Michele

Michele — Mon, 28 Jun 2010 20:22:47 +0000

I have built a slush fund over the years by simply rounding up to the nearest dollar when entering items my checkbook. I simply “save my change” in that account. I have about $800 saved for emergencies. I occasionally shift some of that money to my savings account @ INGdirect.com

By: Proud Mom

Proud Mom — Tue, 22 Jun 2010 23:58:42 +0000

American Eagle is my son’s favorite store, and they have a program where he earns points each time he makes a purchase. Quarterly the store issues %-off coupons based on his purchases – he waits for the online sales and gets the additional percentage off the sale prices (keep an eye out for the sales as the seasons change to get the best selection/sizes). All his friends say they’re jealous because he’s rich – he just smiles and is proud to tell them how they can be too if they’d just stop paying full retail!

By: Jennifer

Jennifer — Tue, 22 Jun 2010 23:48:52 +0000

To encourage my teenage son to understand the value of the dollar, I put him in charge of couponing. Whatever he clips and saves on our grocery bill, he earns. The money goes into a “sharebuilder” account at INGdirect.com for him. As the account grows, he can buy individual stocks and learn how the stockmarket works on a small scale (or large scale later). Savings and investing all-in-one!

By: Elaine

Elaine — Thu, 17 Jun 2010 07:52:18 +0000

These are great tips! What Melanie mentioned is very important too — differentiate your wants and needs. With all the new gadgets coming out, it’s so tempting to buy the latest models! But it’s best to ask yourself, “Do I REALLY REALLY need this right now?” Most likely, in a few months, the item will be cheaper. Also, with everything on the net now, I actually no longer need to watch TV anymore, so that’s something big I’ve saved on. =)