With today’s inflated prices and the economy looking worse than ever saving money is becoming more and more important with each passing day. Not only is saving becoming more important it is also becoming more difficult. Inflated prices means less money in consumers pocket which only triggers even more public hysteria. However, it is still possible to save money but it involves using frugal living tactics and this means cutting down costs instead and stashing away extra money. Here are some tips on saving money that you can use.

One thing that you can do is to make a small investment and change the light bulbs inside your home. Fluorescent light bulbs help save electricity in the long run. The idea is to replace light bulbs with their fluorescent equivalents or if possible try to go a little lower. If you have a few 100 W light bulbs you can easily change them to fluorescent bulbs that equal a regular 75 W bulb in terms of lumens but, they use 20 W instead. If you do this change you may feel a little weird but after a few days your eyes will become used to it. Less light also gives rooms a more welcoming feel contrary to heavy lighted rooms. Try to switch off the lights in rooms when there is no one inside. Many families have the bad habit of leaving homes with their lights on even if there is no one in it and this habit is a costly one. Break the habit once and for all and teach kids the importance of saving electricity. Also try to avoid leaving appliances on that you are not using including televisions, stereos and other gear.

Try to avoid eating out as much as you can. Pack your lunch before heading out to work. Cook the day before and bring your food in a lunch box to work. Lunch boxes are very cheap and a lot of them look cool. Another benefit of doing this is that you avoid eating at fast foods and other sources of unhealthy foods.

Avoid bringing credit cards to the mall or to stores. The best way to avoid buying things that you do not really need is to bring cash to the store rather than a credit or ATM card. If you are interested in something that is on sale try to bring an amount close to what the item should cost with taxes added. This will curb your appetite to buy additional items that you really do not need. If you are need a few items create a list and try to purchase only what is in it. When shopping for groceries those discount store specific brands are good enough so give them a try and save a few extra pennies here and there that will make a difference at the end of the month.

Reuse things like store plastic bags, containers and other things. There are many things that can be reused that we are used to throw away including disposable plastic dishes and cups. Reuse them and save money or avoid buying them in the first place and stick to regular dishes. Not only will you save money you will generate less garbage.

Curb costly habits like smoking and alcohol. If you must drink find a cheap bar to hang out or at least reduce the total number of days that you go out. You will be amazed at the amount of money you will save and as for smoking, it is better to quit completely. Trust me on this one. Yours truly is saving more than $180 dollars a month just by quitting tobacco which translates into $2,160 a year. No gums or patches, just a good ol' cold turkey quit after eleven years of smoking a pack a day is what worked for me in the end. Not only will you save money daily you will feel better and you will diminish the possibility of having to spend lots of money on medical related charges in the future due to health issues associated with smoking.

Buy clothes that do not have logos or are made by less recognized brands. Logo shirts from recognized brands tend to be really expensive. There are many stores that sell shirts that have similar colors as those made by known companies but lack the fame the top brands do. These items tend to be a lot cheaper and look very similar. A red Polo shirt with a small "alligator" logo can be worth $60 or more. You can find a similar red polo shirt from another manufacturer in the same store for $25 or even less unless you are visiting a branded store. It may or may not have some kind of logo but the idea is that it is cheaper. The same can be said about T shirts, socks and shorts and may other items.

Pay yourself first. One of the fundamentals of saving money is to pay yourself first. If you wait until the end of the month to see if there is some extra money that you could stash you will find that what you have extra at the end of the month is next to nothing. From every paycheck that you receive try to put 10% of the money in a savings account that allows you to withdraw only if you visit the bank. Do it before you pay anything. Depending on your financial situation you may go lower or higher on your self payment but in many cases 10% is the best percentage. One extra savings account is good but the truth is that at least two are recommended. One could be used for an emergency fund and the other can be used to save money for anything that you want like a trip, investments or any other thing or activity that normally requires money to be saved. Many people that are successful with their personal finances have more than three savings accounts. Each one of them created with a different purpose in mind.

Saving money is not difficult but requires discipline and good judgment. You have to learn to prioritize what is important and what is not every time that you open your wallet to shell out cash.