We see and hear it everywhere we go: people losing their jobs, economic headlines screaming of tough times, and people wondering HOW to pay their mounting bills with less money on hand and less in earnings on the horizon. There’s no time like now to follow some simple steps to save money in this recession!
We feel the pain too, so Lipstick Wisdom searched far and wide on the web to find the best and easiest ideas on how to save you money on everyday purchases like groceries and gasoline to bigger buys like auto insurance and energy. We have assembled a list of videos that show you how “pinching your pennies” can add up to saving you hundreds, even thousands of dollars a year! Yes, it involves the obvious like clipping coupons and shopping at discount stores, but there are also some not so obvious ideas that could save you a small fortune.
With more people unemployed than any time since 1994, these Recession Busters are worth watching to get you thinking and saving as much money as possible. Frugal is in and likely will be for many months, if not years, to come. This recession will take years for us to recover from, so the sooner we can cut costs, the better.
Please share your Recession Buster tips with us so we can pass them along to help others and thanks for visiting!
Sam Hornish, Jr., driver of the number 77 Mobil 1 Dodge in the NASCAR Sprint Cup Series, talks about saving money on gas by removing extra weight from the trunk of your car and avoiding aggressive driving.
Insurance may be necessary, but it doesn’t have to be expensive. Our money reporter Stacy Johnson has been giving us ways to save on insurance all month. Today he explores homeowners insurance.
Julie Hansen, a former auto executive and Muffin (a dog) explain how to save money when you buy automobile insurance.
Tips for Saving Money on Automobile Insurance (auto insurance or car insurance):
1) Raise your deductible
2) Drop your some coverage if you have an older car
3) Comparison shop
4) Drive Safely
5) Good credit score
6) Check insurance costs before you buy a car
If you suffer from sticker shock every time you open up your auto insurance bill, then it’s time to consider ways that may help reduce the cost.
Quite simply, being a good driver is one way to pay less for insurance. Insurance companies generally look at the past three years of your driving history. A minor traffic infraction can potentially impact your rates.
The type of car you drive also plays a role. If you’re shopping for a new car, call your insurance agent and get an estimate of what your premium might be. If the car has a low risk of theft and has the latest safety gear, you may get a break.
Other ways to save: most companies offer multi-policy discounts if you have the same company carry more than one of your insurance policies; students may be eligible for “good student” discounts; and you can raise the deductible, which is your out-of-pocket expense on a claim.
If you are like most people, you are looking for ways to save on your energy costs.
Energy costs are more than just your heating and cooling costs, although that does take up a substantial amount of the monthly bill.
Home energy costs also involve electricity and water costs and vary greatly depending on how efficient your appliances are, and a lot of it comes down to good old fashioned common sense.
Energy costs today are higher than ever, but you can save a literal boatload of money if you follow a few simple tricks of the trade, (47 of them to be exact).
The cost of energy has more than doubled in the past decade and it’s only expected to continue to rise. Those who are concerned about saving on their energy costs can do so if they are diligent about monitoring the use of their energy in their home.
Believe it or not, there are things that you can do to save energy each month that will not cause you any inconvenience in your lifestyle. You have the potential to save hundreds of dollars in energy costs alone without changing the way you live….
You know you should carpool and take public transportation—it’s just not always practical. But if you have to drive, there are ways you can save gas, money, and the environment. Did you know that statistically gas is cheapest on Wednesdays?
Dave of GrowingWisdom.com talks with Bill Stack about the role trees and shrubs can play in reducing your heating bills and air conditioning costs as well as several other energy saving ideas.
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