What Do I Have to Do to Save Money in this Horrible Economy?

Written by: Kim Sawyer

The other day, I read a Yahoo! news article about two kids (a 9 year old and a 7 year old) in Salt Lake City, UT, who are protesting the high gas prices because their cable was a casualty of budget-cutting.  Basically, the kids are upset because, “All of my mom’s monny goes to the gas tank!”  Of course, this is just one example of cutbacks a family has to make in their budget due to the economy being in such turmoil.

That Yahoo! news article got me thinking about other ways to save money in this horrible economy.  So, I googled the internet for different ways to save money and based on my findings, I’ve comprised a list that hopefully will be helpful.  I’m sure most of you have heard some, if not all, of these money saving tips, but just in case you haven’t, here they are again:

  1. Don’t play the lottery. Just don’t do it. You might as well flush your dollars down the toilet. Save $50-$250 a year.
  2. Go out to dinner only once a month instead of twice as this can save at least $500 a year.
  3. Instead of buying expensive bottled water, use a water filtration system such as one from Brita or Pur. It turns your free tap water into the same pure water you’re buying at the store. Evian spring water, by comparison, costs approximaely $21.19 a gallon. And you thought gasoline was expensive!
  4. Eat less red meat. Pasta and chicken are inexpensive and better for you. Three meatless meals a week can save your family over $500 a year.
  5. Break the fast-food habit. You can easily spend over $40 a week at these places, which amounts to approximately $2,000 a year that you could be putting into a savings account.  
  6. When shopping for the sack lunch or the kid’s lunches, those individually packed snacks and drinks look so convenient. Buy juice in bulk and use a thermos. Buy fruit and cheese in bulk, and use your Tupperware. Snack-size chips cost twice as much as filling a plastic bag from a big bag of chips. You get the idea.  You can save hundreds of dollars a year.
  7. Every night, try to put all the change and dollar bills from your pocket or purse into a change jar. You can save quite a bit if you do this.  My husand and I do this and once when we cashed it in, it was over $300.
  8. Popcorn is a very healthy and inexpensive snack. Not the microwave kind smothered in butter at a dollar a bag. Get a hot air popper and use the $1.50 a pound bags of corn. It’s as fast as a microwave and uses less electricity. You can save approximately $300 a year by doing this.
  9. Save on gas. Drive smart, keep your speed down. Leave extra room between you and the car ahead of you. Smooth, lawful- speed driving will save you at least 3 mpg. Besides saving $200 a year in gasoline, there will be less wear and tear on your tires and brakes, and less chance of an accident or tickets causing higher insurance rates.

Well, that’s my list.  I’m sure you can come up with even better money saving tips.  Please share them here – it is greatly appreciated!

7 Responses to “What Do I Have to Do to Save Money in this Horrible Economy?”

  1. mikey777 Says:

    Here’s one that will save about $180+ per year. Cancel your paid AOL account. You can still use the software and keep your AOL screen names and messenger. You can even get all their internet security products for free, even if you only have a free account. The only difference is that they show an ad when you start your browser. We have Yahoo DSL as our ISP, so we didn’t need AOL to connect to the internet. I think I’ll ask for a refund…LoL

  2. Kim Says:

    Hey Mikey777, that’s a good idea for those who have been faithful to AOL. Every little bit helps, right?

  3. tyna Says:

    #9 I will say walk when possible or ride a bicycle it is a great exercise and will save you some gas.
    #8 made me laugh i used to eat those microwave buttered popcorn a lot when i was pregnant.

  4. Kim Says:

    Hi Tyna,

    I’m pregnant now and I just do not like (or shall I say my baby) does not like the taste of microwave popcorn. But before I was pregnant, I use to eat so much of the microwave popcorn with Hot Tamale candy.

  5. Kathy Curry Says:

    Kim, I am thinking about the water thing. I buy the big bundles of water and here’s the thing, studies are saying, they are not good for us! Some studies say regular, without filter, tap water is better for us than some of the bottled waters! Who knew! I think I will buy a filter this week. I just hate how they look. Mess up the smooth look of the sink area.

    I cannot have meatless meals. Just can’t do it! My body will shake! Let me pray on it…

  6. Kim Says:

    I know about the meatless meals. It would be hard to do.

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