February 26th, 2007 in Money

Save Money This Week

The Simple Dollar gives 10 suggestions that will help you save money this week. I tend to spend more time thinking about how to save money then actually saving money. The idea behind these tips is to get you to start saving money ASAP. The Simple Dollar recommends trying these money saving tips for a week and seeing if any of them mesh well with your lifestyle:

1. Prepare and eat every meal you can at home.
Instead of getting take out, spend this week preparing and eating meals at home. They don’t have to be anything complex, just foods you know how to prepare. You can prepare them in advance if you’d like or simply toss something together when you get home, but prepare them and eat them at home all week long.

2. Drive the speed limit.
Instead of dropping the pedal to the floor to save a few minutes, set your car’s cruise control and go the speed limit. You’ll cut down on your gas mileage a significant amount.

3. Buy generics at the grocery store.
Most people instinctively choose the non-generic name brand item, even though in many cases they’re roughly equivalent in quality. This week, buy the cheaper generics to make a point of seeing which ones you like and which ones you don’t. You’ll have a nice low grocery bill this time – and perhaps a lower bill every time in the future.

4. Entertain yourself with things you already own.
Instead of buying a DVD or a book or renting a movie, find something already on your shelf and enjoy it instead. Got a hobby? Spend some time maintaining what you already have instead of buying more.

Head over to the Simple Dollar for the rest of the tips. Do any of you have any money saving tips that can be started today? Let us know in the comments.

Ten Ways to Save Money This Week – [The Simple Dollar]

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KylePott

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Comments

  • fasteddie says on February 26th, 2007 at 8:46 pm

    2 words – Public Library. The books are FREE and you don’t have to store them. Ours has CDs also – classical, jazz, blues – all free. Kids DVDs and Nonfiction DVDs (documentaries,etc ) are free. Fiction DVD (non-kid) are $1 for seven days. And I can choose my items and put them on hold online, at midnight in my jammies. Granted, it’s not great for new releases, but for free, you really can’t complain.

  • Natalie says on February 27th, 2007 at 2:58 pm

    Thanks for the money-saving tips.

    I’m already doing most of things mentioned, but will consider the rest.

    Natalie
    http://www.apexcreditcards.com

  • John says on February 28th, 2007 at 11:06 am

    Why would I want to cut down on my gas mileage? If anything I want it to go up. :-)

  • Jeremy says on November 29th, 2007 at 8:46 pm

    Good informative article. I especially agree with the tip about eating meals at home. When you have extra cash, it’s very tempting to treat yourself to meals at your favorite restaurants. This is an easy way to waste all your extra money and have nothing to show for it. Instead of going to your favorite restaurants all the time, try to learn how to cook your favorite dishes from these restaurants. The ingredients typically cost you less than half the price of a restaurant meal, plus you save money on gas and parking.

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