pennypincher: (Tip #14 below) I’ll be shooting you an e-mail shortly.
Everyone else, here’s a round-up of the tips submitted. Thanks to all who participated!
- calgirlfinance: Don’t waste. This applies to everything in life – your time, your money, and the earth’s resources.
Watson: When it comes to retirement savings, contribute in the following order:1) Contribute to the 401(k) up to the employer match.
2) Contribute and max out Roth IRA.
3) Continue contributions to the 401(k) up to maximum limit.- StackingPennies: Know what you are spending on things and make sure it is in line with your priorities
- Nine Circles: Have one spot where you keep all your bills as they come in so none of them go unpaid because they went astray. No late fees!
- Aristotle: Deal with cash so you don’t go haywire with credit cards… I take out my budgeted cash each pay period and stick it in different envelopes–grocery, entertainment, miscellaneous, etc.–so it helps keep me honest and on budget.
- HighClassLowIncome: Leave the plastic at home (including your debit card if you can) and rely on cash. Similar to Aristotle, cash has made me way more aware and accountable of my spending!
- Linda F: Use coupons whenever possible. The savings really do add up
- Kari Follett: Buy in bulk if possible. We shop twice a month and it seems to help. Oh, and we use a lot of coupons too!
- Audrey Larson: Re-use all your plastic shopping bags for garbage!
- denise: When stopping at the store for one item, no not pick up other items you see and do not really need. Get that one item and get out of there.
- Joey: Try to find ways to re-create your favourite items from restaurants and coffee shops at home. Generally much much cheaper!
- michelle: Congrats on your anniversary! My tip: Custom make your own coupon box by using an index card box and making your own index seperaters. Then always keep the box in your car so that you never forget it when you go to the store.
- full grown single: Don’t worry. In general, it– whatever it is– is usually going to be ok.
- pennypincher: When going grocery shopping ALWAYS make a list and stick to the list. It is also better not to go hungry.
- Kam A: Always shop the sales and to always use coupons.
- John B: Live on less than you earn (somehow)!
- gildedbutterfly: Know where you are, where you want to be, and how to get there. That applies to money, career, relationships, and just about anything else.
- Steve: If you spend more than you have today than tomorrow you will have to spend less. That is all that a recession is, it is an individual, organization, or nation that has practiced spending more than they have and gone into debt and then have to reduce spending so that they can still buy what they need, food, gas, AND service their debt. Recession results when nations or individuals have overspent and have to reduce cash consumption.
- michelle rosborough: If you shop at Thrift shops always ask about todays specials. They always have something on sale.
- Renee Jobe: Shop in re-sale shops for clothes (even though my kids say I should at least buy a new pair of jeans once in awhile from a “real” store!) I am not only getting a great deal for myself but giving back to the community too!
- financegirl: My tip du jour is to give gifts at retail prices: buy on sale, gift at retail, and snowflake the difference!
- sfordinarygirl: Stock up on canned tuna when it’s on sale – it makes for a simple, delicious and cheap dinner with plenty of protein. I bought like 10 at Walgreens during the last sale for 80 cents each and it’s saved me a ton of money when I’m too lazy to cook and short on time.
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