Money Saving Tips - HowToSaveMoney.me
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22 Money Saving Tips
  1. Car Insurance Quote - if you've been a safe driver, there's a good chance you can save money. If you want to keep your existing insurance provider, get a quote from another company, then use that quote to negotiate.
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  2. Keep a budget - track every expense to see where your money goes.

  3. Get Health Insurance - at a bare minimum, get an emergency plan that will cover a catastrophe. These plans are often reasonably priced, and health insurance providers get you discounts for health care services. Talk to your car or home insurance provider, or use an online service, like eHealthInsurance.com.

  4. Refinance - interest rates are very low. If you are paying a high interest rate, a refinance could save you hundreds every month. ( check current rates )

  5. Pay with cash, avoid credit cards - if you pay with physical cash, you'll have a better understanding of how much you're spending.

  6. Tax Deductions - you might be elegible for tax deductions. Make sure you claim every deduction that you can get.

  7. Cell Phone Family Plans - it's usually cheaper to get a family plan rather than individually.

  8. Get Rid of Debt - pay off most expensive debt first or consolidate debt into a lower interest rate loan. Interest accumulates, so get rid of debt.

  9. Understand the cost of college tuition - student loans can haunt you for the rest of your life. Know what you're getting into before signing on the dotted line. Note: a cosigner becomes responsible for debt if the loan goes into default.

  10. Save money and invest - take advantage of the power of compound returns. I like dividend paying stocks and low cost index funds.

  11. Generics - buy them. They are often the same product, but cheaper.

  12. Energy - put in insulation, a programmable thermostat, storm windows, a ceiling fan, or anything that can save money on an energy bill.

  13. Make shopping lists - and stick to them. No whim purchases. If you go to the grocery store hungry, you'll come back with bags of cookies and Dorito's.

  14. Make Friends with Savers - it's easier to stay on a budget when everybody you spend time with shares the same spending habits.

  15. Don't smoke - it kills you and costs you money. This calculator shows you the financial costs.

  16. Subscription payments - if you have a gym membership, use it or lose it. Same thing with magazine subscriptions, cell phones, or any recurring bill.

  17. Free entertainment - there's a lot of free stuff to do, and much of it is good for you. Parks, city programs, volunteer work, YMCA.

  18. Sell your car - you'll lose weight and save money.

  19. Obsessively check your bank statement - for fees, charges, or anything that costs you money.

  20. Cut your own hair - I do it quicker and with as much skill as a hairdresser. The first time can be nerve-wracking.

  21. Take advantage of 401k matching - many companies offer some form of 401k matching or retirement benefits. Use these to your advantage.

  22. Dispute a bill - if it is inaccurate or contains unexpected charges.