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101 Ways to saving Money

If you are looking for Ways to Saving Money here are 101 Saving Money Tips on Groceries, Utilities and Auto. For more money saving ideas click on any of the blogs on the left column.  If your have any ideas for more ways to saving money please leave a comment.

Ways of saving money on Entertainment

  1. Read  books
  2. Take the family for a walk
  3. Watch DVDs at home with popcorn instead of going to the cinema
  4. Have friends over for a dinner party or barbecue instead of going to a restaurant
  5. Pack a picnic and go to the park or beach
  6. Play a game of backyard football
  7. Hold a card night
  8. Dig out the old board games
  9. Play group games like charades or celebrity heads
  10. Go out for lunch instead of dinner
  11. Have coffee instead of ‘drinks’
  12. Rediscover old music in the collection rather than buying new CDs
  13. Listen to the radio
  14. Have friends over for a BYOB dance party rather than go out

Ways of saving money on Gift-Giving

  1. Bake gifts such as cupcakes, scones or cookies
  2. Make gifts such as beaded jewelry or photo frames
  3. Personalize gifts by putting a monogram on a towel set or a special print on a t-shirt
  4. Put together a sentimental mix CD or photo album
  5. Give a book of vouchers for favors from the giver e.g. a massage, a shoulder to cry on, a hug in times of need
  6. Give a gift of experiences by treating someone to a birthday picnic or day at the beach
  7. Shop at markets or online stores
  8. Give lotto tickets – the thought of winning is half the fun!

Ways of saving money on yourself

  1. Color hair at home
  2. Have hair done for a discount at a hairdressing college
  3. Stretch eyebrow waxes further by plucking at home between salon visits
  4. Wax legs at home
  5. Zap zits overnight by applying a baking soda and water paste to spots before bed
  6. Ditch fake nails and grow the real deal
  7. Use Vaseline as a gentle and soothing lip balm
  8. Soften hands and feet by applying Vaseline liberally before bed and covering with gloves and socks
  9. Do manicures at home
  10. Do pedicures at home
  11. Cancel costly gym membership and get fit by walking, jogging or cycling around the neighborhood
  12. Get friends together for weekly social sport rather than playing in expensive competitions
  13. Scour second hand shops for trendy bargains
  14. Get friends together for a clothes swap

Ways of saving money on Major Purchases

  1. Compare prices of major purchases
  2. Minimize impulse buying by asking, “Do I really need that today?”
  3. Ask sales people “Is that the best price you can do?”
  4. Ask sales people if a discount applies for cash payments
  5. Let sales people know that you are shopping around for the best price
  6. Consider whether optional extras are really needed
  7. Take advantage of sales and discounted floor stock
  8. Enquire about free delivery
  9. Search online swap communities such as freecycle.org before purchasing anything big

Ways of saving money on your Car

  1. Ditch the car and walk to nearby amenities
  2. Car pool to work or school
  3. Combine driving trips and plan them with fuel-efficiency in mind
  4. Remove unnecessary weight from the car
  5. Check the air level in car tires regularly to improve fuel-efficiency
  6. Wash the car at home rather than at a car wash
  7. Use public transport where suitable
  8. Buy weekly or monthly tickets for public transport

Ways of saving money on Phone, Internet and Television

  1. Limit household cable internet and TV use
  2. Shop around for better internet deals
  3. Reconsider the need for cable television try internet TV for less
  4. Eliminate cable TV packages and try internet TV that better suit your budget
  5. Reconsider the need for a credit card
  6. Shop around for better mobile phone contracts
  7. Shop for cheaper DVR’s, internet, and land line phone using your cable line
  8. Shop for cheaper mobile phone companies, compare plans you can get more for you money
  9. Make long distance phone calls on Skype or use instant messaging instead

Ways of Saving Money on Water and Power Bills

  1. Hand dry dishes rather than run the dish-washer
  2. Keep shower-time to a maximum of 10 minutes
  3. Run a bath when longer bathing time is required
  4. Switch to a water-saving shower head
  5. Turn taps off when washing dishes or brushing teeth
  6. Wait for a full load of washing before doing laundry
  7. Use hand-held hoses to water the lawn and garden
  8. Water the garden during the late afternoon to avoid water evaporation
  9. Defrost food overnight in the refrigerator rather than in the microwave
  10. Dry clothes on the clothes-line or clothes-horse rather than in a dryer
  11. Switch to energy-efficient light bulbs
  12. Turn lights off when they’re not in use
  13. Turn appliances off at the wall when they’re not in use
  14. Open windows to cool rooms in the summer
  15. Use heavy curtains and floor coverings to keep warmth in during the winter
  16. Make use of natural light by opening curtains and using light colored wall coverings

Ways of saving money on Groceries

  1. Take advantage of specials
  2. Use vouchers
  3. Prepare meals at home rather than order take-out
  4. Eat palm-size portions of meat, it’s all the body requires
  5. Supplement meals with good, filling carbohydrates such as brown rice, pasta or potato
  6. Grow your own organic fruit and vegetables or buy from growers’ markets instead of the supermarket
  7. Buy meat from the butcher instead of the supermarket
  8. Grow your own organic or buy loose fruit and vegetables rather than pre-packaged produce
  9. Buy generic brands for some items
  10. Drink more water it satiates the appetite
  11. Bake sweets at home
  12. Re-use aluminum foil, cling wrap and take-out containers
  13. Squeeze tooth-paste from the bottom or top of the tube – never the middle
  14. Use smaller amounts of shampoo, conditioner and body wash
  15. Buy in bulk
  16. Compare prices
  17. Buy fewer sweets and chocolates
  18. Drink instant coffee at home instead of buying a daily espresso
  19. Save left-over’s for lunch the next day
  20. Take packed lunches to school and work
  21. Buy ‘pet mince’ from the butchers and cook with kitchen scraps for a cheap dinner pets will love
  22. Shop at the end of the week to catch bargains on produce
  23. Be creative with cooking and find ways to combine what’s in the fridge into a great new meal

6 Driving Tactics to Save Gas This Summer

Gas is near $4 per gallon, but you don’t need to buy a new car to get better mileage on your road trip this summer. PM put fuel-sipping advice to the test by outfitting an ordinary ten-year-old car with an extremely accurate fuel economy gauge and trying out all the gas-saving driving tactics we could think of. We bring you the six strategies that work, plus more quick tips for better MPG.

Tactic No. 1: Coast to a Stop

Brakes are necessary (duh!), but they’re inherently wasteful: They take the kinetic energy of a moving car—energy it took pricey gasoline to generate—and turn it into heat that’s lost to the air. Everyone knows that accelerating until the last moment then braking hard to stop is less efficient than slowly coasting to a red light. But PM’s test data (illustrated above) prove what a huge difference coasting makes. The lesson: Whenever possible, anticipate that a light will turn red and ease off the gas. Generally, the less you have to brake, the better your fuel economy.

Tactic No. 2: Avoid Slowly Crawling Up to Speed

Conventional wisdom says that jackrabbit starts consume more fuel. But it turns out that nursing your speed up to the limit too slowly also lowers mpg. How can that be? Cars get poorer fuel economy in lower gears, and accelerating too slowly prevents up-shifting at an efficient rate. The best acceleration rate varies with the vehicle, gear ratios and weight. But in our testing we found that taking 15 seconds to accelerate to 50 mph used less fuel than taking 30 seconds to reach the same speed, because the car entered its top,

Tactic No. 3: Close Windows and Use A/C at High Speeds

It’s a fierce efficiency debate: Open the windows in summer to avoid running your energy-intensive air conditioner, or keep the windows closed and the a/c on to preserve your car’s aerodynamic profile. (We’ll leave aside the option of sweating it out.) PM’s testing settled the issue. Driving at 55 mph with the a/c running, we got 24 mpg; turning it off bumped us up to 28 mpg. Then we opened all four windows, one at a time, and lost 1 mpg per window until we were back at 24 mpg. So at that speed, it’s a wash. But aerodynamic drag rises exponentially with speed­—the faster you go, the more the open windows hurt efficiency. The answer? Below 55 mph, open the windows and leave the a/c off. But at 60 mph or higher, keeping them closed and the air conditioning running will burn less fuel.

Tactic No. 4: Cruise at a Slower Speed

Since the power required to overcome aerodynamic drag is a function of the velocity cubed (in other words, it shoots up quickly), a car’s jump from 40 to 60 mph requires less fuel than the increase from 60 to 80 mph. (The hit to fuel efficiency is roughly twice as severe in the higher range.) So go slower, right? Well, yeah, but fuel efficiency isn’t the only thing that matters. Some studies suggest that the old 55-mph limit saved fuel but cost us more in terms of lost work hours. Then there’s safety: Going 55 mph when traffic is cruising at 70 can be dangerous to everyone. Just don’t go 80. That will drain your tank quickly—and the costs add up if you also have to pay for a speeding ticket.

Tactic No. 5: Climb Slowly (When It’s Safe)

Imagine driving on a flat highway and approaching an overpass. From a fuel-efficiency standpoint, the best strategy is to turn off cruise control and forget about maintaining a constant speed up and down both sides of the grade. The theory predicts that, and our data prove it. The physics work like this: Lifting off the accelerator while traveling up the hill and allowing your speed to decay trades some kinetic energy (related to speed) for potential energy (related to the car’s tendency to roll downhill). You regain the kinetic energy—and get better gas mileage—on the backside. While hyper-milers—who are obsessed with getting the best possible gas mileage—claim significant economy benefits from this technique, our results showed only modest gains. Two things did happen, though: (1) We drew the wrath of a lot of drivers following us, as evidenced by their single-​finger salutes; (2) We were nearly sideswiped by an impatient 18-wheeler. Yes, the method does work. But we’ll save it for lightly traveled roads.

Tactic No. 6: When Coasting Downhill, Leave the Car in Gear

There are those who refuse to be shaken from the practice of coasting downhill in neutral to save gas. This is a bad idea no matter how you look at it. Let’s set aside fuel economy for a moment. Coasting downhill in neutral is illegal in most states. And it’s dangerous in all states. In neutral, you have no way to accelerate to avoid a hazard, and if the engine stalls, you have no power steering or vacuum boost for the brakes. If the hill is steep enough to call for hitting the brakes to keep you from gaining speed, they’re more likely to overheat—and overheated brakes lose effectiveness until they cool off. They’ll probably do that right around the time the police show up to take the accident report.

Here’s the surprise: There’s no trade-off between safety and fuel economy in this case. Leaving the car in gear while coasting downhill actually is more efficient. Why?

Most fuel-injected engines today use computer-controlled Deceleration Fuel Cut Off: When you lift your foot from the gas while leaving the car in gear, injectors shut off automatically, and the car’s rotating tires—which are connected to the engine via the transmission—keep the engine turning and the accessories running. So, the engine consumes no fuel at all while the vehicle is coasting downhill.

In contrast, the fuel-consumption rate for an engine idling in neutral falls between 0.2 and 0.4 gallons per hour (gph). Splitting the difference and using 0.3 gph for our example, idling in neutral down a ½-mile-long hill consumes fuel for 30 seconds, for a total of about 0.32 ounces of gas. Popping the car into neutral actually wastes gas.

This may seem counter-intuitive, but that’s what data are for—replacing good guesses with solid facts. Watch the data, and over time the savings will take care of itself.

Fuel-Sipping Basics

Monitor Tire Pressure
Keep your tires properly inflated, because low pressure increases rolling resistance. Few drivers check and adjust their tire pressure often, but it’s a good idea to do it once a week.

Plan Errands Carefully
Reduce the miles you drive by running all your errands in one trip. Making a run to the dry cleaner and then picking up the kids after soccer practice? Don’t make separate outings. A little bit of foresight will stretch your fuel economy.

Warm Up the Engine
Cars get better fuel economy when the engine is warm. So if you have a three-stop run, hit the farthest destination first, then work your way back home. A fully warmed-up engine will remain at an efficient temperature even if it’s parked for 30 minutes.

Make Right Turns Only
FedEx does it, and the MythBusters proved it works: When city driving, make as many right turns as possible, even if it means going a few hundred yards out of the way. Reducing loiter time—or idling while waiting for traffic to clear—saves gas.

Avoid Ethanol When Possible
Gasoline that has been cut with 10 or 15 percent ethanol, called E10 or E15, is an mpg killer. Why? Gasoline stores more energy than ethanol (119,000 Btu per gallon vs 80,000). So it takes more ethanol than gasoline to go the same distance.

By Mike Allen | Popular Mechanics

 

Appropriate Money Management For Students: Points You Must Discover

There is no need to mention that as a rule it is very tempting for college students to just throw caution to the wind and get pleasure from life. So, sometimes each person wants to stop thinking about saving and wants to buy everything that can make the life more enjoyable even if a person doesn’t really need those things. Still if you are able to resist this lure, this article is just what you need, since here you will find some helpful information on efficient saving while being in college.

I want to start saving tips with the fact that it is essential for you to understand that youth is the best time to start building wealth. But at the same time you can not forget that you need to be knowledgeable about how to manage your money. Simply speaking, do not wait until you are old as then it will be too late to start saving money. You need to start building your successful future now!

As it was already mentioned you should start saving money when you are a student, as this is one of the most important aspects when it concerns efficient money management. Even if you can put aside just a smidgen of your earnings, still this money must be put in the bank.

To go into more details it should be added that you need to open a savings account or keep your money in a fixed deposit account. This way you will be able to get interest just by doing nothing. It is also recommended to think about opening up restricted accounts, for example money market accounts that earn a really high interest rate. In addition, these accounts have rules and regulations about extracting the money.

The subsequent critical step for you to make to start creating wealth is to discover how much you are spending. Besides, at present it is drastically easier to track your expenses with the help of the service of the banks, in the terms of which your transaction history and internet banking are sent to you by emails. With the help of this information you need to create a tab where you specify how much you are spending. Put your personal limit on how much you can spend each month and stick to it.

It will be useful for you to find out that debit cards are the only way to spend your money in a cashless environment, since they allow you to spend money without owing any money to the bank.

If you are looking for more college saving tips visit us!

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Copyright 2011