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10 ways to save money right now

January 27th, 2009 · No Comments

Found this great post on thriftylife.com http://www.thethriftylife.com/index.php/2008/12/13/10-ways-to-save-money-right-now/

1. Turn you heat down three degrees. Don’t question it, just put on a sweatshirt and do it. The difference is small, but your next heating bill will be smaller.
2. Unplug electronics that aren’t being used. That phantom power drain is draining your wallet! Unplug your television, cellphone charger, stereo, and anything else with a power adapter. Just because something isn’t being charged or “used” doesn’t mean it’s not using power.
3. Don’t buy bottled water. Buy a safe, reusable water bottle like these, fill it and bring it with you. I have two Sigg bottles and I use one at work and one at home every day. The up front expense will pay itself off in a week or two, plus the bottles are very durable, and stylish too.
4. Don’t buy coffee from a coffee shop. Brew your own, bring it with you to work. I’m sure you hear this all the time, but you’re still not doing it. So this time, do it!
5. Are you a big reader? Do you find yourself in Barnes & Noble or Borders regularly. If so, you’re missing a big opportunity to save money. The discounts and coupons those stores offer are ok, but you’ll save real money buying used books at Half, Amazon or eBay. I’ve bought $30 and $40 books online for less than $10 used. Do you honestly care if the book is worn a bit? When I’m reading a new book, I’m always worrying about keeping it in perfect condition. Buying used allows me to get passed that quickly. So now I find since I don’t care as much about keeping the book in perfect condition so I take it with me, throw it in my bag and a torn or bent page is no big deal. Another bonus – look for sellers on eBay selling books in lots. You’ll get several books for less than the price of a single new book!
6. Do you have a laptop? Don’t keep it plugged in all the time. Laptop batteries are designed to be used and that means drained and charged. The proper way to use the battery is to let it drain all the way down and then recharge it. You can still use the laptop while it’s recharging, but keeping up this routine will save your electricity and it will keep your battery at its highest capacity, so you can get the most out of your mobility.
7. Turn off the heated dry option on your dishwasher. Water evaporates on its own, so let it.
8. It’s that time of year, so buy a cheaper Christmas tree. Everyone always jokes about having a “Charlie Brown” Christmas tree, yet most of the time their “Charlie Brown” tree is a full-sized gorgeous tree. So this year, get the most unique(read: cheapest) tree you can find. Create a new Christmas memory and buy a tree that isn’t even close to perfect. Then do something else you’ll remember with the money you saved.
9. Pay attention to electricity rates and peak usage costs. Did you know it may be costing you more money if you run your washer and dryer at certain times of the day. Your electric company has their peak usage rates posted online. When I checked our rates, I found that we were paying more to run our dishwasher in the evening. We adjusted our schedule and so should you.
10. Analyze your cell phone bill or combine plans to save money. If you’re not using all of the minutes you’re paying for you could have an opportunity on your hands to save money each month. Check out what lower cost plans are available and switch to a cheaper plan that better fits your usage. Another option, if you and your wife, or other family members have separate plans, get a family-talk plan. We recently switched our service from two separate carriers to a single family talk plan and are saving just under $40 a month.
11. BONUS TIP! When we switched cell phone plans we found that our carrier, AT&T, offered a discount for employees of the company I work for. So we were able to save an additional $20 a month! Look for discounts offered by your employer or organizations you belong to. This is a popular perk many companies and groups offer their members and the deals can range from travel discounts – air, hotel and car rentals, to vacations and everyday items – even restaurants and movies.

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