Smart Spending

Money Saving Ideas



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GREAT MONEY SAVING IDEAS




In today's shaky economy, the issue of saving money affects us all. There are many simple ways to cut corners and save money. Here are a few money-saving suggestions for you and your family.




STOP TRYING TO KEEP UP WITH THE JONESES




Simplify your life. Are designer labels really important right now?

Really want to save money? Trade down your car for lower payments or none at all. If you already own your car, drive it until the wheels fall off.






LOSE A BAD HABIT




Are cigarettes your favorite vise? I don't have to remind you how much you spend on those a week. Are you a drinker? Save your health and your money and just put the bottle down.






DECIDE TO ONLY BUY DISCOUNT




That pair of shoes or sweater that you want is not on sale, but guess what? It might be discounted sooner than you think. Why not use one shopping trip to find what you like, and come back a week later and buy it on sale? Resist the urge to buy things right now, just because you think you deserve them.




Why not visit your local dollar store to see how many items they have that you could really save money on?






DON'T BUY WHAT YOU CAN MAKE YOURSELF




Why spend money purchasing store-bought sweets that are full of preservatives? Why not choose to bake your own cookies, cakes and bread for your family. Your Grandmother did it, so can you.

Homemade birthday cakes are a thoughtful and creative way to show that you care.







DON'T WASTE MONEY ON ENTERTAINMENT




Think about turning off your television for just one hour. Why not gather up the family and play a board game, or read to your children?




Consider the price of taking your family to a movie. Why not subscribe to an inexpensive service like Netflix, and take turns choosing movies. Watching a movie at home saves money, gas and allows more communication than sitting in the movie theater.






DON'T WASTE MONEY ON CONSUMABLE GOODS




Items such as food and toiletries are all consumable items. We don't get to keep them. Why not shop for the best prices?




Look for coupons and take them with you to the grocery.

Only go to the grocery store that you know is the cheapest.

Buy generic, store-brand foods instead of the pricier brands. Before leaving the house, write your grocery list and stick to it.






STAY HOME WHEN YOU CAN




Cut out unnecessary car trips. When possible, do all of your errand-running at one time. Make sure your tires stay properly inflated.




If life affords you the ability to stay home with your children, just do it. The cost of childcare is outrageous and no one can raise your child as well as you can. When you subtract the cost of childcare from the amount of money that you bring home each week, is that amount of money really worth it for you?




Shop online or better yet, learn online. Why not take advantage of the time you have at home and upgrade your knowledge by taking online classes? These are just a few ideas on how to put some more quarters into that piggy bank of yours.

More about this author: Pamela Gentry

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