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12 Quick Ways To Save More $$$

Sunday, 1 March 2009 17:06 by Andrew

I was recently reviewing websites that detailed cost saving ideas and compiled these 12 “power savers”.  They include average savings per month and annually.

Being someone who loves a cup of morning java, I have to admit it was tough putting that first one on the list. Although I do understand tough economic times call for some drastic measures!In all seriousness, when you add up the savings by cutting back on a few items it is amazing how easy meeting day to day expenses become.

When you look at this list I see a couple of potential car payments, a mortgage payment or even better, some money to go toward education or retirement.I recommend setting aside 15 minutes and making your own cost savings list today.  After the excitement of seeing what you can save in real $$$, match that list next to your monthly expenses. Here is where the fun part comes in……

Draw lines from your cost saving $$ to your expenses and poof!  You just made a nice little budget for yourself.Looking for more ideas to save?  Stop in a FORUM branch today and meet with a Financial Coach. I guarantee they can find a few more ways to get your money working harder for you.

Savings Idea

Savings per mo Savings per year

Coffee at home vs. Mocha-super latte 250 days @ $2.50

$52 $625

Use library books instead of buying

$10 $120

Buy regular instead of high-test gas - save $.20/gal X 750 gal

$13 $150

Read magazines at library or trade magazines with friends

$8 $100

Brown-bag lunch twice more a week 50 weeks @ $5.00/lunch

$42 $500

Use land-line instead of cell phone (eliminate 1 cell phone) or...

$35 $420

Switch to VoIP from landline phone

$40 $480

Reduce your long distance phone bill by using prepaid cards

$10 $120

Suspend premium cable TV 1 year - read library books and enrich your mind

$45 $540

Buy generic food rather than brand names - shop smart

$30 $360

Pay bills online - no postage + mailing costs

$8 $90

Get haircut every 9 weeks - stretch

$5 $60

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