10 EASIEST WAYS TO SAVE MONEY EACH MONTH

As the economy continues to plummet it might be a good idea to begin pinching pennies. These tips may seem obvious, but you would be surprised by how easy it is to cut costs and how little you really will be sacrificing. Try these ideas to build wealth instead of lose it!

Moneyning.com recommends…

1. Cell Phone – Remember megetting a few hundred dollars for switching cell phone carriers? What I didn’t mention is that many people are starting to look into prepaid plans as well. The per minute cost may be high but if you never experienced having your ears burn because you talk too much on the phone, you probably can save some money by paying as you go.

2. Home Phone – I don’t have a home phone and I have no idea why the business model still exists. Do you have one still? That’s so 1980s…

3. Internet – Have you looked into the different technology (and thus, options) available to you? Could you actually buy an Internet capable phone and hook it up to a PC (a feature known as tethering) to get essentially the same service for a fraction of the cost?

4. TV – The case is made countless times but I bet many of you still pay way too much for your favorite shows. There are many legal ways to watch TV online like hulu.com and if you are a movie buff, there’s always the idea of using a Netflix coupon to get some free service.

5. Gym Membership – Gym? Do you actually go? Most people are going after a healthy and fit body instead of becoming a muscle man (or lady). The fittest people are always the ones who go out to jog every day. They run on the road, on the beach and in the parks. You don’t need to smell other people’s sweat and pay a bunch of money just to stay fit right?

6. Clubs, Newsletters, Subscriptions – Enough said. Unless they provide real value, stop paying for it.

7. Electricity – Many tricks we know, but in order to save money every month, we have to change our habits. Turn off the lights and electronics whenever it’s not needed, dial down the water heater to 112 degrees, open the windows instead of using A/C are all simple ways to not only save but to put less strain on the overall environment.

8. Pills – It’s easy to switch your subscriptions to generic brands and best of all, it’s almost always cheaper. (Stole this tip from Frugal Dad. Check out his list at the bottom of the post)

9. Cars – Oil changes and regular maintenance may be out of your league but wash your own cars. Please.

10. Insurance Companies – Call the representatives regularly and see if there is a better deal (remember their competition as well). If everyone does this, it may even create more jobs.