Saving money in today’s economy is a must. Even if you have a job most likely you are skittish on if you will have that job six months from now. Saving a decent amount of money every month doesn’t mean that you have to starve or not have any fun, you just have to eliminate some of the money sucking conveniences that we have become accustomed to. Below is a list of 10 easy ways to save money every month with very little effort.
- How often do you use cash? Probably not as much as you used to use right? That being said everybody stops by an ATM once and a while to refill their wallet. $2 can easily be saved by going to ATM’s that are within your debit card networks. On the back of the card there is usually a bunch of logos in the bottom right corner that tells you which network(s) your debt card is in. Try and match these to the logos on the ATM to avoid fees. If your bank charges you ATM fees even at their locations walk into the bank itself and get cash. They won’t charge for that. Most people go to the ATM at least 5 times a month, so that is a quick easy $10.
- Turn up your air conditioning (warmer), or turn down your heat (colder) in the winter. One or two degrees can save tons of money. Also if no one is home during the day or on weekends invest in a programmable thermostat that allows you to raise or lower the temperature when no one is there. They cost anywhere from 50-75 bucks, but you will see that back in savings in no time.
- Don’t buy name brand food, especially raw ingredients. When buying food there is absolutely no need to by name brand. This is extremely important when it comes to raw ingredients like flour. There is absolutely no discernable difference between the name brand flour. In the finished product it still comes out the same. Is safety your concern? The name brand is safer right? Wrong. If two different companies are making the same food product they have to follow the exact same food safety standards.
- Coupons, coupons, coupons. There are coupons for absolutely everything out there. If you all of the sudden are like ah crud we are out of toilet paper, just google manufacturer coupon for your favorite brand of TP. Print out the coupon and bring it to the store. This is essentially free money. There are coupons for things you wouldn’t normally think of either. The biggest purchase I have ever used a coupon on before is a car. I got a whopping $500 off.
- Pay off your credit card bills every month in full. Sometimes this just isn’t possible to pay off existing balances every month. Instead of paying off let’s say all $10,000 in one shot, make sure that any new charges get paid off every month so that the hole doesn’t get any deeper. You still need to be reducing you existing balances, but at least this way you will be able to see the progress you are making rather than new charges being always added on top.
These are just 5 in what is going to be a long list of articles about simple ways to save some dough.