In an effort to scrimp where possible, I scoured the web in search of money saving ideas…I took the liberty of not including ridiculous ideas like “Double Up On Your Mortgage Payment Each Month” … yeah … uhm … people who CAN double up on their mortgage payment aren’t looking to the web for “cutting finanacial corners” … however -
Pay a little extra on your mortgage.You’ll save thousands in the new year. Paying $100 extra a month on a 30-year, $200k mortgage will save you $63,308.63 over the life of the loan, and pay it off over 5 years early! SHUT THE FRONT DOOR! That’s pretty cool!
Enroll in your employer’s flexible healthcare spending plan. If you put a set amount into the plan, you can pay expenses like co-pays, prescription costs, over the counter medications, and more, with pre-tax money. I have this and LOVE it!
Get started on a few small projects to make your home more energy-efficient. You could seal up your doors and windows with new weather stripping, add more insulation to your attic, clean up your a/c condenser, or something as simple as switching out your old light bulbs for compact fluorescent bulbs. Check out www.virginianaturalgas.com for easy, cheap tips!
Become a coupon clipper. Put in the time and effort…it’s not as tedious as you might imagine and you’ll save a ton of money. Total hassle, it’s true – I don’t do it now, but I need to. Below you’ll see great ways to not get ‘hosed’ at the grocery store
Try Google Alerts to find out when an item you want is on sale. This new feature from Google allows you to create up to 1,000 alerts where they will email you when something new that you are searching for shows up on the internet. You’ll need to do a little research to find the right search terms, but it’s a powerful tool. For example, if you are waiting for a “no interest” sale at BestBuy, you could use the search term [ site:www.bestbuy.com "no interest" ]. When Google sees the words “no interest” at the BestBuy website, it’ll email you straight away. Head over to http://google.com/alerts to check it out. SUPER COOL – DON’T BE INTIMIDATED BY IT! JUST TAKE A FEW MINUTES AND FIGURE IT OUT SO YOU CAN SAVE SOME DOUGH!
Stop ordering soft drinks when you dine out. Most restaurants will bring you a glass of water with ice for free, and it’s better for you too. If your kids whine too much about it, bring along a packet of flavoring like Krystal Lite, Kool-Aid, etc. You might feel a little embarrassed about dumping it in the water, but with the restaurants charging $2 a drink, it means you’re smart. If you kids complain about it, tell them to get a job and buy they’re own overpriced soda
Here are some grocery store shopping tips I got at www.billeater.com
Food manufacturers and retailers are corporations looking to make money, and they have developed quite a few tricks to get consumers to spend more. Here are 5 tips you can use to be a truly savvy shopper and save some of your hard earned cash:
1. Scrutinize On-Sale Items
Grocery stores are highly organized with the purpose of getting consumers to spend the most money. Large displays of foods “on sale” at the front of the store are often not what they seem. Typically, it’s the manufacturer of the displayed foods that has paid the retailer to showcase their product. Go to the isle the display food is on and compare it to other sizes and brands – 9 times out of 10 there is a much better deal to be won.
2. Beware of Bulk
It used to be that buying in bulk (or even just any larger quantity) saved you money. Well, manufacturers figured out that consumers took advantage of this and decided to sometimes quietly price the food in bulk quantities higher than those in smaller quantities. Most consumers grab the bigger box of cereal assuming it’s a better deal and the manufacturer wins again. Take your calculator with you shopping. Figure out the price per ounce for those two boxes of cereal – You’d be surprised at how often the smaller boxes are priced less per ounce.
3. Look Above and Below
Most consumers buy products that are placed at eye level on the shelves. As a result of this, most grocery stores place their highest priced items at eye level. Scan the entire shelf, high and low, for better bargains.
4. Shop the Perimeter First
Again, grocery stores are organized in such a way to get you to spend the most money. Costlier, prepackaged foods usually sit in the middle of the store, while staple foods, such as milk, eggs and bread line the perimeter. If you buy your staple items first, your cart will already be filled with food and you’ll be less likely to indulge in prepackaged goodies on your way out of the store.
5. Don’t Fall for the Marketing
Food manufacturers spend millions of dollars each year studying you – and what prompts you to buy one brand over another. As a result of all this research, they’ve created some pretty tempting products that are hard to walk away from. However, you have to simply think about what you need versus what you want. Sure those diet snack packs look fun and convenient, but they’re also expensive – incredibly expensive when you consider the amount of calories and nutrients you’re getting for the price. Also, it really does not take that much longer to peel or wash a piece of fruit than it does to open that snack pack. Plus, the piece of fruit is probably even healthier for you anyways!