Money Saving Tip 6-7-12

Make a budget. It will not only organize all that you spend, but it will also tell you where your spending too much of your money and gives you a look at where everythings going.


Instead of buying things new, get them used or for free on Craig’s List.


Don’t spend big money entertaining your children. Most children, especially young ones, can be entertained very cheaply. Buy them an end roll of newspaper from your local paper and let their creativity run wild. Make a game out of ordinary stuff around the house, like tossing pennies into a jar, even. Realize that what your children want most of all is your time, not your stuff, and you’ll find money in your pocket and joy in your heart.


 Turn a critical eye to your “collections.” Most people collect something – what do you collect? Is it something that consistently brings you joy? Or is it something that you just do out of habit at this point? Does the collection itself have value? Could you perhaps “trim the fat” from this collection by getting rid of duplicates or getting rid of the items you no longer use? Also, could you perhaps cut down on your spending on that hobby? Focus on trimming the things you don’t feel strongly about – if you dig into things that bother you, you’re going to eventually relapse.


Get healthy. Your health will directly impact the cost of life insurance and, in some cases, can reduce the cost of your health insurance.

Money Saving Tip of the week 4-19-12

Request a reduction in the interest rate on your credit cards. As with home equity loans, credit card companies sometimes are willing to reduce the interest rate. It can’t hurt to ask. If your credit card company won’t help you, switch to a low interest credit card or a one of several 0% APR credit cards!

Money saving tip for 4-12-12

Subscribe to magazines that are must reads. If you must have a certain magazine each month, subscribe. Subscriptions offer substantial savings over the cost at the newsstand. Update: Amazon offers some great deals on personal finance magazines .

Money saving tip for 3-29-12

Buy generic over-the-counter medicines. They are exactly the same as their branded counterparts and cost less!

Money saving tip for 3-22-12

Get a rewards card. There are many reward cards that pay out in cash or points that can be redeemed for travel or products. Many of these cards don’t have an annual fee. I recently traveled to my college reunion for free using points earned from a credit card. My favorite rewards card is American Express Gold Card. It does have an annual fee, and the first year fee is waived. You can also check out my review of several travel reward credit cards.

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