Give an AMAZING Money-Saving Tip You've Discovered

  • Posted by a hidden member.
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    Aug 06, 2009 12:36 PM GMT
    Here are a few of mine, since we all probably buy similar things:

    1. Buy your Printer Ink at Costco. I save $23!! on a pack of 4 cartridges over everywhere else.

    2. Shop at the Dollar Tree. Why pay $2.25 for things like dish soap that you can get, same size, just as effective, for $1.00

    3. Shop at the new food store called ALDI. Go to ALDI.com to see if one is near you. I cannot believe how much you can get. I went from $40 for a week of food to like $22. Incredible, and good.

    4. I saved $24 on a 100 pack of Memorex DVDs at Walmart as compared to the exact same brand at Staples and Office Depot, and they weren't even on sale.

    Any incredible savings you've found? It all adds up.
  • Posted by a hidden member.
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    Aug 06, 2009 2:59 PM GMT
    Energy efficient light bulbs really took a chunk out of my monthly electric bill. They are kinda pricey to buy at first, but so far they have been paying off for me.

    Also, some store offer a bag refund if you bring your own shopping bags...it may only be about 10 cents...but every little bit helps in my book!
  • Timbales

    Posts: 13993

    Aug 06, 2009 3:01 PM GMT
    Clean out drawers, closets and boxes and see what you already have you may have forgotten about.
  • Posted by a hidden member.
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    Aug 06, 2009 3:07 PM GMT
    Check out this book (your library may have it -- why are you buying it? This thread is about saving money!)

    The Complete Tightwad Gazette
    http://www.amazon.com/Complete-Tightwad-Gazette-Amy-Dacyczyn/dp/0375752250/ref=sr_1_1?ie=UTF8&s=books&qid=1249571093&sr=1-1
  • nadaquever_rm

    Posts: 139

    Aug 06, 2009 3:12 PM GMT
    Lose your car. I sold mine and bought a house, so no more rent. OK, housing is cheap in Pittsburgh, but still, public transportation saves you money.
  • Posted by a hidden member.
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    Aug 06, 2009 3:20 PM GMT
    Don't drink.

    I save 1000's a year by not drinking;
  • zakariahzol

    Posts: 2241

    Aug 06, 2009 3:22 PM GMT
    Dont use credit card
  • Posted by a hidden member.
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    Aug 06, 2009 3:26 PM GMT
    Don't use a debit card to buy things, always make purchases with cash... Unless you're anal retentive about your account balance.

    Buy store brands instead of nationals.

    If they won't annoy you too badly, live with roommates.

    And I second losing the car. I've been biking everywhere for nearly two years, and aside from paying friends a few bucks to take me to a cheaper grocery store, it hasn't had much of an impact except making my legs hard as rocks icon_smile.gif.
  • Posted by a hidden member.
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    Aug 06, 2009 3:28 PM GMT
    Half.com, eBay, and Staple's Penny Sales.

    Done.
  • Posted by a hidden member.
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    Aug 06, 2009 3:35 PM GMT
    If you're an American and live or travel abroad, open a CharlesSchwab High Yield Investor Checking and Brokerage account. No annual fees, no minimum balance, no Direct Deposit requirements. But the best part is, no foreign transaction fees (usually 3% of the transaction) and no ATM fees anywhere in the world! That saves me major $$$ over my old WaMu and WellsFargo accounts!
  • shirty

    Posts: 290

    Aug 06, 2009 3:48 PM GMT
    Make your own food. Buy less processed foods because you are paying for the manufacturing and losing a lot of nutrients!

    Budget. You don't have to be too stingy here, but if you separate your income into different sections you can take control of your finances and not waste money. I payed off my credit card and line of credit really quickly doing this.

  • Marshi

    Posts: 196

    Aug 06, 2009 3:59 PM GMT
    Buying food from Walmart saves me like 30% over buying food from Festival Foods, so if those are your only two choices, go with Walmart.

    (Then again the Piggly Wiggly down the road is supposedly even cheaper, but at Walmart I can stare at video games, too.)
  • HndsmKansan

    Posts: 16311

    Aug 06, 2009 4:08 PM GMT
    Marshi saidBuying food from Walmart saves me like 30% over buying food from Festival Foods, so if those are your only two choices, go with Walmart.



    ewww.. then there are some reasons to spend a little more and avoid Walmart!!
    If the expenditure makes sense and you have coupons!

    icon_mad.gif

    I would suggest cutting coupons, make a shopping list (if grocery store) and get what you plan to get... and avoid arbitrary spending...

    Also for clothes, if you like a store, become familiar with it that you know the "sale patterns". When is the very best time for you to get a deal at this establishment??
    When that time arrives, buy what you need to (not want). It always helps.
  • Posted by a hidden member.
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    Aug 06, 2009 4:17 PM GMT
    Study that supermarket flyer and buy things on sale. Its no big deal if your favorite brand of mayonaise is not on sale. Buy the sale items.

    Go to a web site that teaches you how to make your own household cleaners with common ingredients found in your home. You will save lots of money and its better for the earth.

    Don't waste food. Pack your own lunch. Its healthier too.

    If you are like me, you have tons of clothes. Instead of buying new clothes, wear what you have in your closet.....get it altered if it doesn't fit you right or repaired if it needs fixin.

  • leixguy

    Posts: 144

    Aug 06, 2009 4:57 PM GMT
    aldi has made it to americaicon_smile.gif , just wait until you get lidl now thats a cheap supermarket
  • Posted by a hidden member.
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    Aug 06, 2009 5:09 PM GMT
    zakariahzol saidDont use credit card


    That should be "Don't maintain a balance on credit cards." We have United Mileage Plus credit cards, and we try to pay for as much as possible with them to get the frequent flier miles. Then, we pay the balance in full every month.
  • EricLA

    Posts: 3461

    Aug 06, 2009 5:23 PM GMT
    Try to pay more than your monthly car or housing payment. Even adding an additional $20 to $50 over the lifetime of the loan, on a consistent basis, will cut the term by months. In the case of a home loan, years. Also, if your lender/loan allows, split the payment in half. Sending one half of the payment at one point and then the second half a couple of weeks later influences the way interest is calculated, again saving you a lot of money over time.

    If you're not making a full payment on a credit card balance, send the payment you intend to make sooner rather than later. The longer you wait, the longer interest accrues on the larger amount. By making a dent earlier, the interest you pay will be lessened. Of course, when possible, it's best not to have any balance on a credit card.
  • Posted by a hidden member.
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    Aug 06, 2009 5:23 PM GMT
    Agreed, pay down the principal.

  • Posted by a hidden member.
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    Aug 06, 2009 5:30 PM GMT

    Dont eat out and cook your own food. save more money and alot healthier.

  • Squarejaw

    Posts: 1035

    Aug 06, 2009 5:33 PM GMT
    Go to the post office and get a change of address kit. It will coupons for 10% off at places like Best Buy and Lowes.
  • Squarejaw

    Posts: 1035

    Aug 06, 2009 5:37 PM GMT
    The Stranger Test:

    When you're tempted to buy something on a whim, ask yourself, "If someone offered me a choice between getting this item for free or getting the purchase price as a cash gift instead, which would you choose?"

    If you'd choose the cash, then don't buy it. This gets me past the feeling of "BUT I WANT IT!" and provides a reality check.
  • jarhead5536

    Posts: 1348

    Aug 06, 2009 5:41 PM GMT
    Use cash whenever possible, the larger the bill the better. Every day, put your change (bills and coins) from your purchases in a jar or bowl of some sort on top of the refridgerator so that you can't see what's inside. At the end of every month, deposit the contents in your savings account. I deposit at least $250 every month doing this...
  • DCEric

    Posts: 3713

    Aug 06, 2009 5:42 PM GMT
    Don't buy crap you don't need.
  • Posted by a hidden member.
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    Aug 06, 2009 5:46 PM GMT
    Living in the Chicago I find I really have no need of a car. I got rid of my car years ago. I either walk, ride my bike, or take public transit to most places. If I do need a car I can rent one or use a "Zip Car" (rental cars that are parked across the city). Traditional Rentals are better for longer rental times; Zip cars are better for short duration because you can rent by the hour.
  • Delivis

    Posts: 2332

    Aug 06, 2009 5:47 PM GMT
    Dont buy useless shit from infomercials.